Utilizing QCash Financial’s item suite, Freedom First can provide an lending that is affordable to users who otherwise might depend on high priced solutions like conventional pay day loans to pay for unforeseen costs. QCash can be an automated electronic financing platform and utilizes the member’s credit history because of the standard bank to underwrite, accept 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.
“Our mission at Freedom First is people that are helping – helping communities thrive. And we also measure our value by exactly how much we surrender,” said Dave Prosser, Freedom First’s Senior Vice President of Community developing. “We take pride in meeting our people’ requirements appropriate where they truly are on the economic journey, if they are only getting started or they want cash management choices during more difficult times. QCash Financial’s automated solution is simple, fast, and bases underwriting decisions from the member’s relationship with us, maybe not just a credit history.”
“Freedom First knows just how access that is important cash is actually for breaking the period of financial obligation and attaining monetary stability,” said Ben Morales, CEO of QCash Financial. “Small-dollar loans provide better prices and terms. Delivering cash quickly to people may be a effective part of moving people toward enhanced health that is financial. Freedom First looks down for people grouped communities that want their solutions the essential, and we’re proud to become a partner together with them.”
The QCash loan platform was created in 2004 by WSECU following the credit union’s tellers noticed a significant quantity of its members needed little, short-term loans from payday loan providers that have been recharging extortionate costs and rates of interest. It’s provided as a white label solution to finance institutions. To find out more, contact Ben Morales at bmorales@q-cash.com .
About Freedom Very Very First Credit Union
Freedom First Credit Union has significantly more than 52,000 users and $533 million in assets and it is headquartered within the Roanoke, payday loans NH Virginia. With 10 branches in Roanoke and brand New River Valleys, Freedom First is producing regional vitality that is economic their core effect banking programs for affordable housing, transport, economic training, effect banking, and community revitalization. Find out about influence Services .
About QCash Financial
QCash Financial is really a CUSO delivering automated, cloud-based, omni-channel financing technology that permits finance institutions to present short-term loans quickly to your individuals they provide. QCash Financial, a wholly-owned subsidiary of WSECU in Olympia, Wash., began as being a loan that is short-term for the credit union’s members in 2004. To learn more about QCash, visit Q-Cash.com
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