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Provides credit union members 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 cash advance alternatives to credit union users through its QCash item.
Making use of QCash FinancialвЂ™s item suite, Freedom First can provide an affordable financing choice to users whom otherwise might depend on expensive solutions like conventional payday advances to pay for unforeseen costs. QCash is an automatic electronic financing platform and makes use of the memberвЂ™s http://www.cash-central.net/payday-loans-id/ credit history utilizing 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 loan providers.
вЂњOur mission at Freedom First is people that are helping вЂ“ helping munities thrive. And we also measure our value by simply 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 truly are on the monetary journey, they need money management options during more challenging times whether they are just starting out or. QCash FinancialвЂ™s solution that is automated simple, fast, and bases underwriting decisions regarding the memberвЂ™s relationship with us, maybe maybe not just a credit score.вЂќ
вЂњFreedom First knows exactly just how access that is important money is actually 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 people are a strong part of going people toward enhanced monetary health. Freedom First appears down for many munities that require their solutions the absolute most, and weвЂ™re proud to be always a partner using them.вЂќ
The QCash loan platform was created in 2004 by WSECU after the credit unionвЂ™s tellers noticed a number that is substantial of people needed little, short-term loans from payday loan providers that have been charging you exorbitant costs and interest levels. It really is provided as being a label that is white to banking institutions. To find out more, contact Ben Morales at bmoralesq-cash..
About Freedom Very First Credit Union
Freedom First Credit Union has a lot more than 52,000 people and $533 million in assets and it is headquartered into the Roanoke, Virginia. With 10 branches in Roanoke and brand brand brand brand New River Valleys, Freedom First is producing neighborhood financial vigor through their core effect banking programs for affordable housing, transportation, economic training, effect banking, and munity revitalization. Find out about Impact Services.