Provides credit union users more affordable choice for small-dollar loans
OLYMPIA, Wash.–( COMPANY WIRE )–QCash Financial, a provider of automatic, cloud-based, small-dollar financing technology, today announced it is partnering with Freedom First Credit Union to provide short-term, small-dollar pay day loan 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 high priced solutions like traditional pay day loans to pay for unanticipated expenses. QCash can be an automatic electronic financing platform and utilizes the memberвЂ™s credit history because of the financial institution to underwrite, approve and fund the mortgage in under 1 minute. The costs and prices connected with QCash loans are considerably below those charged by old-fashioned short-term lenders.
вЂњOur mission at Freedom First is helping people prosper вЂ“ helping communities thrive.
And then we measure our value by simply how much we surrender,вЂќ said Dave Prosser, Freedom FirstвЂ™s Senior Vice President of Community developing. вЂњWe take pride in fulfilling our peopleвЂ™ requirements appropriate where they truly are to their financial journey, if they are only getting started or they need cash administration choices during tougher times. QCash FinancialвЂ™s solution that is automated simple, fast, and bases underwriting decisions in the memberвЂ™s relationship with us, maybe not a credit score.вЂќ
вЂњFreedom First knows just exactly how essential use of money is for breaking the period of financial obligation and attaining monetary stability,вЂќ said Ben Morales, CEO of QCash Financial.