QCash Financial announces mobile life event loan partnership with Astera Credit Union
Astera Credit Union’s enhanced Snap Cash mobile lending program offers members financial health solution
OLYMPIA, WA (August 19, 2021) — QCash Financial has announced their partnership with Astera Credit Union to automate the manual process to the Lansing, Michigan-based credit union’s life event lending program Snap Cash, using the QCash platform.
“Astera Credit Union is very excited to partner with QCash Financial and incorporate their automated mobile life event lending platform into our system,” says Martin Carter, President and Chief Financial Officer for Astera Credit Union. “Thanks to QCash, we foresee our new and enhanced life event loan solution to be a core feature in improving our members’ financial health and well-being.”
Seth Brickman, QCash Financial CEO, stated “QCash Financial is so proud to be able to continue our mission of offering financial inclusion for communities across the country while providing a solution that enables individuals and families the chance to improve their financial health and well-being. We anticipate a bright economic future for Astera Credit Union’s membership and greater community.”
QCash’s platform hosts an automated, fully-configurable mobile life event loan program featuring their “six clicks in 60 seconds” application process that includes decisioning and deposit into the applicant’s account in about 60 seconds. Using its relational underwriting algorithm, the QCash platform allows for a more in-depth and detailed 360-degree evaluation process that accounts for more than the applicant’s simple credit score.
About QCash Financial CUSO
QCash Financial, headquartered in Olympia, WA, is a purpose-driven fintech firm with a mission of empowering financial institutions in their quest to improve the financial well-being of their communities. The QCash platform is the best tool for advancing financial inclusion and access for credit union members.
About Astera Credit Union
Astera CU is a local, community-chartered credit union that has been serving the Lansing area for over 70 years. Astera, a cooperative financial institution owned by its members, has a member-centric business focus allowing them to provide the Lansing, DeWitt and Ionia communities with top-notch personal account and business account financial products and services including: several loan types, savings accounts, electronic services that include mobile banking, mobile check deposit and more, along with access to knowledgeable staff to help members optimize their money. For more information visit Astera online at www.AsteraCU.com.