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Provides credit union users more option that is affordable small-dollar loans
OLYMPIA, Wash.–( COMPANY WIRE )–QCash Financial, a provider of automated, cloud-based, small-dollar financing technology, today announced that it’s partnering with Freedom First Credit Union to provide short-term, small-dollar cash advance alternatives to credit union users through its QCash item.
Utilizing QCash FinancialвЂ™s item suite, Freedom First can provide a lending that is affordable to users whom otherwise might depend on expensive services like conventional pay day loans to pay for unanticipated costs. QCash is definitely a automatic lending that is digital and utilizes the memberвЂ™s credit history aided by the standard bank to underwrite, approve and fund the mortgage in less than 1 minute. The costs and prices connected with QCash loans are significantly below those charged by conventional lenders that are short-term.
вЂњOur mission at Freedom First is people that are helping вЂ“ helping munities thrive. And now we measure our value by exactly how much we surrender,вЂќ said Dave Prosser, Freedom FirstвЂ™s Senior Vice President of munity Development. вЂњWe take pride in fulfilling our peopleвЂ™ requirements appropriate where they’ve been on the monetary journey, they need money management options during more challenging times whether they are just starting out https://cash-central.net/payday-loans-wa/ or. QCash FinancialвЂ™s automated solution is simple, fast, and bases underwriting decisions from the memberвЂ™s relationship with us, perhaps perhaps perhaps not just a credit score.вЂќ
вЂњFreedom First knows just exactly exactly how access that is important money is for breaking the period of financial obligation and attaining monetary stability,вЂќ said Ben Morales, CEO of QCash Financial. вЂњSmall-dollar loans provide better prices and terms. Delivering money quickly to users may be a effective part of going users toward enhanced health that is financial. Freedom First appears down for the people munities that want their solutions the absolute most, and weвЂ™re proud to become a partner with them.вЂќ
The QCash loan platform was created in 2004 by WSECU following the credit unionвЂ™s tellers noticed a significant amount of its people needed tiny, short-term loans from payday loan providers which were recharging extortionate charges and rates of interest. It really is provided as a label that is white to banking institutions. To find out more, contact Ben Morales at bmoralesq-cash..
About Freedom First Credit Union
Freedom First Credit Union has significantly more than 52,000 users and $533 million in assets and it is headquartered into the Roanoke, Virginia. With 10 branches in Roanoke and brand brand brand New River Valleys, Freedom First is producing regional vitality that is economic their core effect banking programs for affordable housing, transport, monetary training, effect banking, and munity revitalization. Find out more about Influence Services.