QCash
Life happens. When you need cash in a hurry, a QCash loan can help!
Why choose QCash?
Effortless Application
See what you qualify for quickly, on any device, and at no cost.
Instant Funds
You could have the money in your account in minutes.
No Credit Check
Available even with less-than-perfect credit.
Payday Loan Features
- Borrow between $400 and $2,000
- Interest Rate of 28% APR
- Repayment terms from 3 – 12 months depending on amount borrowed
Life Event Loan Features
- Borrow between $500 and $4,000
- Interest Rate of 18% APR
- Repayment terms from 12 – 36 months depending on amount borrowed
APR = Annual Percentage Rate
What sets QCash apart?
✓ No credit check
✓ $0 application fee
✓ Immediate funding upon approval
✓ Fast, online application
✓ Available 24/7
Eligibility
To be considered, you must be 18 years or older and the Primary Account Holder of an account that has been established for at least three months. When evaluating your application, a loan decision takes into consideration your membership, including factors such as payment history and deposit activity.
To improve your membership standing, you can do things like: establish direct deposit, use your checking account regularly for daily purchases, stay up to date on your loan payments, and avoid overdrawing your account.
FAQs
No. You can use your Qcash loan for any financial need – when you need a little extra cash to cover monthly expenses, vacation spending, school costs, emergency home or car repairs, or anything in between.
No. We do not require an application fee. The only cost to you is the interest on the loan, which is set at a fixed rate. Refer to the Disclosure for additional loan details.
The amount approved will vary based on the individual borrower's eligibility. QCash loans range from $400 - $4,000.
Members can have two QCash loans at a time (one payday and one life event). Members may only have three QCash loans in a rolling 12-month period.
Upon approval, your funds will be deposited into the account you selected within minutes.
While both QCash and traditional Payday loans are designed to meet short-term, immediate needs, there are several key differences:
- Traditional payday lenders are for-profit businesses. Cal Coast is not-for-profit.
- QCash loans have more affordable interest rates than traditional payday loans. According to the California State Attorney General’s office, the average traditional payday loan interest rate is 372% APR.
- Many traditional payday lenders only offer very short repayment periods, which is typically only a paycheck cycle. QCash loans are available in repayment terms from 3 to 36 months. The funding amount a member qualifies for indicates the maximum repayment term allowed.
A Quick Loan for Unexpected Expenses
Serving anyone who lives or works in San Diego, Riverside, Orange, Los Angeles, Ventura, Imperial, or San Bernardino counties.