The CUInsight Network podcast: Small dollar lending – QCash Financial (#59)

Thank you for tuning in to episode 59 of The CUInsight Network, with your host, Lauren Culp, Publisher & CEO of CUInsight.com. In The CUInsight Network, we take a deeper dive with the thought leaders who support the credit union community. We discuss issues and challenges facing credit unions and identify best practices to learn and grow together.

My guest on today’s show is Seth Brickman, CEO of QCash Financial CUSO. Seth is a return guest, so we started this episode discussing changes in the economic environment since we last spoke and how QCash has evolved. QCash is a CUSO that helps credit unions serve members experiencing a financial need and approve loans more often through their patented relational underwriting system. Seth talks about financial inclusion and the vital role credit unions play in protecting members from predatory lenders.

During our conversation, Seth and I chat about financial access and inclusion and how QCash supports lending while mitigating risk. He discusses new products, programs, and technology being used to increase financial inclusion. As we look to the future, QCash is committed to collaborating with credit unions to improve the financial well-being of individuals and communities. QCash continues to support and empower credit unions so they can approve more loans and improve more lives. 

As we wrap up the episode, Seth talks about race cars, his puppy, and the city that holds a special meaning for him. Enjoy my conversation with Seth Brickman!

Connect with Seth:
Seth Brickman, CEO of QCash Financial CUSO
sbrickman@qcashfinancial.com
qcashfinancial.com
Seth: LinkedIn
QCash: Twitter | LinkedIn 

Show notes from this episode:
What an amazing interview with Seth! Check out all the exceptional work his team is doing over at QCash here.
Want to hear more from Seth? Click here.
Shout-out: LendingClub
Shout-out: Peoples Advantage FCU
Shout-out: Amanda Habansky
Place mentioned: Florida
Historical event mentioned: Hurricane Ian
Shout-out: Alloya
Shout-out: Seth’s son
Shout-out: Rodney Wade
Shout-out: Seth’s wife
Shout-out: Air Jordan
Place mentioned: Charleston, SC
Shout-out: Seth’s puppy
Place mentioned: Las Vegas, NV
Book mentioned: Hooked: How to Build Habit-Forming Products by Nir Eyal
Previous guests mentioned in this episode: Seth Brickman

In this episode:
[00:44] – Seth Brickman says QCash wants to bring members out of predatory lending and back into the credit union community.
[03:13] – QCash works in the background to create win-win situations for members and credit unions.
[04:59] – Seth talks about financial inclusion and the broad reality of financial need.
[07:17] – Members shouldn’t need to wait hours for help.
[10:04] – What’s the power of financial inclusion?
[12:50] – Seth shares what QCash is working on next.
[15:10] – Seth talks about the new partnership with Alloya.
[16:50] – Seth says he enjoys race car driving with friends.
[18:22] – Who had a major influence in Seth’s career life?
[20:10] – Seth likes this city for its culture, history, and food.
[22:00] – Seth’s puppy reminds him of this important lesson.
[23:31] – Let’s make sure members have access to the help they need when they need it.