Freedom First Selects QCash Financial to produce Cash Advance Alternative

Freedom First Selects QCash Financial to produce Cash Advance Alternative

Utilizing QCash Financial’s product suite, Freedom First can provide an affordable financing choice to people whom otherwise might depend on expensive solutions like conventional pay day loans to pay for unforeseen costs. QCash is an automatic electronic financing platform and uses the member’s credit history because of the lender to underwrite, approve and fund the mortgage in less than 1 minute. The charges and prices connected with QCash loans are considerably below those charged by conventional lenders that are short-term.

“Our mission at Freedom First is helping people prosper – helping communities thrive. So we measure our value by just how much we give back,” said Dave Prosser, Freedom First’s Senior Vice President of Community developing. “We take pride in fulfilling our people’ requirements appropriate where these are typically on the economic 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 not just a credit score.”

“Freedom First understands just 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. Delivering cash quickly to people could be a strong step up going users toward improved health that is financial. Freedom First appears down for those of you communities that require their solutions probably the most, 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 people needed tiny, short-term loans from payday loan providers that have been charging you exorbitant charges and interest levels. It really is provided as a label that is white to finance institutions. To learn more, contact Ben Morales at .

About Freedom Very First Credit Union

Freedom First Credit Union has significantly more than 52,000 users and $533 million in assets and it is headquartered when you look at the Roanoke, Virginia. With 10 branches in Roanoke and brand New River Valleys, Freedom First is producing regional financial vitality through their core effect banking programs for affordable housing, transport, monetary education, 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 offer short-term loans quickly towards the individuals they provide. QCash Financial, a wholly-owned subsidiary of WSECU in Olympia, Wash., began as being a short-term loan solution for the credit union’s people in 2004. To find out more about QCash, visit

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