QCash Financial CUSO News Archives

Buy now, pay later risks exposed as delinquencies grow

Buy now, pay later risks exposed as delinquencies grow

In the ever-evolving era of online commerce, consumers have embraced a new form of payment at the purchasing page called “buy now, pay later”: drop 25 percent-or-so money down, then pay the rest in equal [...]

Credit unions awarded $1.5m+ in CDRLF grants

Credit unions awarded $1.5m+ in CDRLF grants

The success of infusing financial inclusion and health opportunities into the United States’ low-income designated credit unions continue with the announcement of the NCUA’s Community Development Loan Fund grants! The beginning of September 2022 [...]

Credit unions remain fixtures for financial well-being

Credit unions remain fixtures for financial well-being

According to CUNA’s 2022 National Voter Poll in January 2022, credit unions’ unique makeup and characteristics offer greater financial resilience and higher levels of financial well-being for members and consumer, overall. According to the [...]

CDFI Fund’s SDL Program in high demand

CDFI Fund’s SDL Program in high demand

For anyone wondering if the purpose of small dollar loans in this country has waned, allow the last couple years and last week’s CDFI Fund news to be a stark reminder of their immense [...]

Between digital banking and members lies credit unions’ future

Between digital banking and members lies credit unions’ future

Many financial institutions and industry publications these days are fearing “the rise of fintech” and digital banking, overall. While we obviously view things a little differently at QCash –  we enhance the member experience by partnering [...]

How credit unions can help members battle inflation

How credit unions can help members battle inflation

The prospect of an economic recession in the United States persists in this summer of 2022. While fuel prices have progressively – and with great relief – dropped in the last two months, consumers continue to get [...]

Finding hope amidst disaster: How your credit union can help

Finding hope amidst disaster: How your credit union can help

Losing their homes and possessions to the flooding that engulfed Knott and Letcher counties was catastrophic enough for scores of eastern Kentuckians digging through the wreckage that was their lives. Forget about the last century’[...]

Inflation shows how credit unions can help members

Inflation shows how credit unions can help members

A new poll from the American Psychiatric Association’s (APA) Healthy Minds Monthly found that the ongoing COVID pandemic may not be the biggest worry Americans are facing in 2022. Anxiety stemming from inflation and [...]

Credit union industry in Ukraine endures despite Russian invasion

Credit union industry in Ukraine endures despite Russian invasion

While it’s true the credit union movement has challenges facing us here in the United States in 2022, we always keep a continuing eye out for our international community. In war-torn Ukraine, unfortunately, the [...]

Are we failing our kids in financial literacy?

Are we failing our kids in financial literacy?

The spirit of financial literacy and its advocates can come from anyone, anywhere. And in 2022, we need as many proponents as we can get. Whether they’re champions of financial health like QCash or [...]

Digital alternatives a necessary solution for the underbanked

Digital alternatives a necessary solution for the underbanked

According to the Federal Reserve, approximately 63 million Americans are either underbanked or unbanked. For the underbanked, specifically, even if they are a customer or credit union member they rarely if ever do business with [...]