Filene, QCash Financial, CFSI Offer Free Webinar on the Benefits of Small-Dollar Lending

OLYMPIA, Wash.--()--QCash Financial, a CUSO providing automated, cloud-based, omni-channel small-dollar lending technology for financial institutions, announces it will co-host a free webinar with Filene Research Institute and the Center for Financial Services Innovation to discuss the opportunities for credit unions in offering small-dollar lending on November 14.

During the webinar, QCash Financial will address our industry’s impact and opportunity to deliver small dollar loans. QCash Financial, the Center for Financial Services Innovation and Filene will collaborate to discuss the omni-channel lending solution that serves members in search of small, short-term unsecured loans.

Registration information can be found at filene.com. The webinar is scheduled from 2 p.m. CST / 12 p.m. PST until 3 p.m. CST / 1 p.m. PST.

The webinar will discuss:

  • The Need: Four cases of small dollar credit consumers
  • The Opportunity: Our industry’s impact and opportunity to deliver small dollar loans
  • A Solution: Filene and QCash Financial are collaborating on a pilot program to offer an omni-channel lending solution that serves members in search of small, short-term unsecured loans.

“The recent CFPB ruling on payday lending makes offering members access to small-dollar loans more important than ever,” said Ben Morales, CEO of QCash Financial. “With this new regulatory pressure limiting small-dollar lending in the marketplace, credit unions need consider offering these loans and to ask themselves ‘if not us, then who?’.”

The QCash loan platform was developed in 2004 by WSECU after the credit union’s tellers noticed a substantial number of its members required small, short-term loans from payday lenders that were charging excessive fees and interest rates. It is offered as a white label solution to financial institutions. For more information contact Ben Morales at bmorales@q-cash.com.

About QCash Financial

QCash Financial is a CUSO providing automated, cloud-based, omni-channel small-dollar lending technology that enables financial institutions to provide short-term loans quickly to the people they serve. QCash Financial, a wholly owned subsidiary of WSECU in Olympia, Wash., started as a short-term loan solution for the credit union’s members in 2004. For more information about QCash, visit its website at Q-Cash.com.

Contacts

For QCash Financial
Debbie Harris, 678-781-7220
deborah@williammills.com

Release Summary

QCash Financial offers webinar with Filene Research Institute and the Center for Financial Services Innovation to discuss small-dollar lending.

Contacts

For QCash Financial
Debbie Harris, 678-781-7220
deborah@williammills.com