When members need quick access to cash, they often have no choice but to pay the costly rates of a payday lender. On a $500 loan, the interest rate is usually $125 or more for two weeks. It is no surprise that 8 out of 10 members would prefer to come to your credit union, their trusted advisor.
Like you, we believe in people helping people. Through relationship-based lending, we empower credit unions in their quest to improve the financial well-being of their members and communities. Our lending platform enables you to offer small-dollar loans to your members anytime, anywhere on any device. From first link click to funds deposited, the whole process is complete in under 60 seconds, no credit check required.
Together, we can give members an affordable, responsible loan option. Say “yes” to more members with our Life Event, Specialty, and Financial First Responder Loan programs.
Want to learn more? Register for the upcoming ‘When Life Happens, Be There for Your Members’ webinar on September 26. REGISTER HERE.
Presented by QCash, a provider of CUNA Strategic Services, a California and Nevada Credit Union Leagues business partner.