During COVID, the NCUA issued a letter to credit unions encouraging extending small-dollar loans to members experiencing economic hardship. Today 61% of consumers in America are living paycheck-to-paycheck. Each year, financial emergencies affect thousands of people. The cause may vary, yet they are almost always unexpected life events that create some sort of financial hardship for those impacted. And payday lenders are profiting from your member’s misfortune.
In this session, US Navy Veteran and QCash Financial - CUSO CEO Seth Brickman, will share his stories from the deep. Why small dollar loans can have a big impact on the communities we serve. Seth will share stories on how his time building and serving on a nuclear submarine aligns with how credit unions can drive financial Inclusion and serve the banking underserved with small dollar lending that does not use credit score.
After registering, you will receive a confirmation email containing information about joining the FREE webinar on September 27.
QCash Life Event Loans are an easy-to-implement solution that provides credit unions another service to practice financial inclusion and serve the underbanked. QCash Life Event Loans can provide the funds credit union members need, day or night. With just six clicks in 60 seconds, the funds are immediately deposited into their account. No credit check and nothing more than a computer or smartphone to complete the super-simple process.
This webinar is brought to you by Tristate Products & Services, a collaboration with the Minnesota, Montana, and Wisconsin Credit Union Leagues bringing products and services to support credit unions and their members.
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