Provides credit union users more affordable choice for small-dollar loans
OLYMPIA, Wash.–( BUSINESS WIRE )–QCash Financial, a provider of automatic, cloud-based, small-dollar financing technology, today announced it is partnering with Freedom First Credit Union to supply short-term, small-dollar cash advance alternatives to credit union people through its QCash item.
Utilizing QCash FinancialвЂ™s product suite, Freedom First can provide a lending that is affordable to people whom otherwise might count on costly solutions like traditional pay day loans to pay for unforeseen costs. QCash can be an automatic electronic lending platform and makes use of the memberвЂ™s credit history because of the lender to underwrite, accept and fund the mortgage in less than 1 minute. The costs and prices connected with QCash loans are considerably below those charged by conventional lenders that are short-term.
вЂњOur mission at Freedom First is people that are helping вЂ“ helping communities thrive.
So we measure our value by exactly how much we surrender,вЂќ said Dave Prosser, Freedom FirstвЂ™s Senior Vice President of Community Development. вЂњWe take pride in fulfilling our membersвЂ™ requirements appropriate where they have been to their economic journey, whether or not they are simply beginning or they require cash administration choices during more difficult times. QCash FinancialвЂ™s automated solution is simple, fast, and bases underwriting decisions from the memberвЂ™s relationship with us, perhaps not just a credit history.вЂќ
вЂњFreedom First knows exactly just how access that is important money is actually for breaking the period of financial obligation and attaining economic stability,вЂќ said Ben Morales, CEO of QCash Financial. Read more