Freedom First Selects QCash Financial to present Cash Advance Alternative

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Freedom First Selects QCash Financial to present Cash Advance Alternative

Utilizing QCash Financial’s product suite, Freedom First can provide an affordable financing choice to people whom otherwise might depend on high priced solutions like conventional payday advances to pay for unforeseen costs. QCash is definitely an automatic lending that is digital and makes use of 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 simply how much we surrender,” said Dave Prosser, Freedom First’s Senior Vice President of Community developing. “We take pride in fulfilling our people’ requirements appropriate where they’ve been to their monetary journey, if they are simply starting or they want cash administration choices during more difficult times. QCash Financial’s solution that is automated simple, fast, and bases underwriting decisions from the member’s relationship with us, perhaps not a credit score.”

“Freedom First understands just exactly how essential usage of 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 money quickly to users may be a robust part of going users toward enhanced monetary wellness. Freedom First appears down for all communities that require their services probably the most, and we’re proud to become a partner using them.”

The QCash loan platform originated in 2004 by WSECU following the credit union’s tellers noticed a number that is substantial of people required tiny, short-term loans from payday lenders which were recharging exorbitant charges and interest levels. It really is provided as being a label that is white to finance institutions. To find out more, contact Ben Morales at bmorales@q-cash.com .

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 when you look at the Roanoke, Virginia. With 10 branches in Roanoke and New River Valleys, Freedom First is producing neighborhood financial vigor through their core effect banking programs for affordable housing, transport, economic education, effect banking, and community revitalization. Find out more about influence Services .

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