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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 automatic, cloud-based, small-dollar financing technology, today announced it is partnering with Freedom First Credit Union to supply short-term, small-dollar pay day loan alternatives to credit union people through its QCash product.

Utilizing QCash Financial’s item suite, Freedom First can provide an affordable financing choice to users whom otherwise might count on high priced solutions like conventional pay day loans to pay for unforeseen costs. QCash can be an automatic electronic financing platform and makes use of the member’s credit history using the standard bank to underwrite, accept and fund the mortgage in less than 1 minute. The charges and prices connected with QCash loans are considerably below those charged by conventional short-term lenders.

“Our mission at Freedom First is helping individuals prosper – helping munities thrive. And we also measure our value by exactly how much we surrender,” said Dave Prosser, Freedom First’s Senior Vice President of munity Development. “We take pride in fulfilling our people’ 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 or. QCash Financial’s automated solution is simple, fast, and bases underwriting decisions from the member’s relationship with us, perhaps perhaps perhaps not a credit history.”

“Freedom First knows exactly exactly how access that is important money 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 cash-central.net/payday-loans-wa/. Delivering money quickly to users could be a effective step up going users toward enhanced health that is financial. Freedom First appears down for many munities 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 amount of its people required tiny, short-term loans from payday loan providers which were charging you extortionate costs and rates of interest. It really is provided as being a white label solution to banking institutions. To find out more, contact Ben Morales at bmoralesq-cash..

About Freedom Very Very Very Very First Credit Union

Freedom First Credit Union has a lot more than 52,000 users and $533 million in assets and it is headquartered within 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.