Sno Falls Credit Union has launched a short-term loan program with help from Q-Cash, a credit union service organization.

Q-Cash differs from traditional payday lending services in that it offers lower fees – $10 per every hundred borrowed or one-third less than the industry standard. Members can borrow from $50 to $500 for up to 45 days with the convenient option of repayment in two installments.

In addition, borrowers wanting assistance will be referred to BALANCE, a consumer counseling program to help them get out of the payday lending cycle.

“We are pleased to offer this alternative to payday lending,” says Sno Falls Credit Union President Linda Larion. “Q-Cash is just one more way we strive to accomplish our mission of delivering quality service with pride and flexibility.”

Q-Cash loans are available to members age 18 or over who have have had a Sno Falls Credit Union checking account for at least 30 days.

Additional information may be found on the Internet at www.snofalls.com or by calling (425) 888-4004.