Digital small dollar lending programs can help creidt unions give their members access to tools that can improve their financial health.

How Cash Flow Data Can Boost Members’ Financial Health

In the last couple weeks, QCash Financial advocated for credit unions to adopt a digital small dollar lending program for their 2021 budgets. There’s never been a more critical time to pull out all the stops and market these important assets to help your members achieve the liquidity and take the steps toward financial health […]
Read More
blank

How to Protect Against the Debt Trap

This past summer, the Consumer Financial Protection Bureau (CFPB) relaxed regulations on predatory payday loans and other high-interest-rate lending. A surprising move during a global pandemic recession, this ruling further endangers the financial health of some of America’s most vulnerable communities. Until these protections are restored, payday alternative loans (PAL) and other small dollar loans […]
Read More
blank

Why Small Dollar Lending During COVID-19?

Near the beginning of 2020, the first cases of COVID-19 hit the United States, eventually bringing with them not only the most deadly pandemic since the H1N1 pandemic of 1918 (the “Spanish Flu”), but also the deepest economic recession since the Great Depression. Our country has been hit with the twin terrors of a deadly […]
Read More
blank

How Can America Regain Financial Stability In The COVID-19 Pandemic?

For 70 percent of U.S. workers, uncertain financial stability and the concept of living paycheck-to-paycheck were an uneasy reality even before COVID-19 reared its disruptive head in early 2020. Add on a deadly global pandemic, and those workers are now fighting a much bigger, more existential battle, both for themselves, their families, their financial stability and their […]
Read More
blank

Credit Unions And Members Benefit From Cash Flow Management

No one at this point remains unaware of the devastating effects, financial or otherwise, COVID-19 has left in its wake after merely eight months. We find ourselves dealing with social distancing, wearing masks, and the all-too-natural urge to wade into the uncertain waters of public spaces during these hot summer months.  The fact is, no […]
Read More
blank

The Path To Financial Health Remains Strong With Credit Unions

It was on October 5, 2017 that the Consumer Financial Protection Bureau (CFPB) first announced they had finalized a rule aimed at curbing predatory lending practices by payday lenders. It’s been nearly three decades since predatory payday lenders saw their influence grow throughout the United States. In that time, unsuspecting and financially vulnerable borrowers have found […]
Read More