DUNEDIN, Fla.–Achieva Credit Union said it is partnering with QCash Financial to increase its digital lending platform and provide loans to its members in under 60 seconds without requiring a credit score.
In a statement, the credit union said the partnership will provide members with the speed, accessibility, and security to gain digital access to funds when unexpected emergencies arise.
“We understand life is full of costly and unexpected challenges, and we want our members to feel fully supported overcoming these financial situations quickly and efficiently,” said President and CEO Gary Regoli. “This technology will allow our members to borrow money instantaneously for unexpected emergencies, so they can get back to what’s important in life.”
‘Fully Configurable’
According to Achieva CU, QCash’s platform hosts an automated, fully configurable mobile life event loan program featuring their “six clicks in 60 seconds” application process. 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, the credit union added.
Achieva Credit Union has more than $1.5 billion in assets and more than 160,000 members.
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