Payday Loans Good or Bad for Borrowers?

One of the most common questions we hear from credit union and bank executives is “Are payday loans good or bad?” Payday lending has a very negative reputation, but we’ve found those who irresponsibly use small dollar loans are the exception, not the rule.  The reality is that consumers use QCash loans to meet […]

The Four Elements of Financial Well-Being According to the CFPB.

The CFPB or the Consumer Financial Protection Bureau recently published a report titled “Financial Well-Being in America” that discusses the four elements of financial well-being, and how Americans of different income levels display varying levels of financial wellness. Two of the CFPB’s most important conclusions from the study are that “savings and financial cushions provide […]