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Leading Payday Lender QC Holdings, Inc. Makes the Change To MoneyGram
DALLAS, Oct 31, 2011 (BUSINESS CABLE) — employees across 23 states whom use check cashing services are now able to also deliver cash, settle payments or buy cash purchase from 1 convenient location, utilizing MoneyGram’s vast worldwide system and re re payment services. QC Holdings, Inc., one of many country’s leading payday loan providers, this week began rolling away MoneyGram (NYSE:MGI) services at significantly more than 300 of their retail places after a lot more than a 20-year affiliation with a leading competitor.
“Our company is stoked up about our brand new relationship with MoneyGram. Its strong worldwide system and technology solutions will deliver excellent value to the customers and also to our business,” stated Darrin Andersen, QC Holdings’ president.
QC Holdings runs shops in 23 states, with all the presence that is strongest in Ca, Missouri and sc. The business’s main customer brands are Quik money and National Quik money, however the business also incorporates Ca Budget Finance, Express Check Advance of sc, First Payday Loans, QC Finance and AutoStart United States Of America.
“Our company is delighted to own received ecommerce, as QC Holdings is a well founded and reliable company when you look at the payday lending and check cashing industry,” stated Dan O’Malley, MoneyGram’s executive vice president associated with the Americas and appearing areas. “Additions like QC Holdings give MoneyGram a well established amount and income base from where to create in, plus these are typically our most useful product sales device. Their impact and client base is a strategic complement to MoneyGram’s system.”
QC Holdings, Inc. joins Mid-State Ventures, LLC d/b/a Friendly always always always always Check Cashing and Rite Check Cashing, Inc., that also joined up with MoneyGram earlier in the day this year after long associations ( 15 years and 40 years, correspondingly) with a competing cash transfer business. MoneyGram’s representative system also incorporates Advance America, ACE money Express loan in Kansas and Speedy money.
About MoneyGram Global MoneyGram Global, a respected cash transfer business, allows customers who aren’t completely offered by conventional finance institutions to generally meet their economic requirements. MoneyGram provides bill re re re payment solutions in america and Canada and cash transfer services around the world through an international system greater than 244,000 agent locations–including retailers, worldwide post workplaces and economic institutions–in 192 nations and regions. For more information about money bill or transfer re re re re payment at a representative location or on the web, please visitr relate genuinely to us on Facebook.
About QC Holdings, Inc. Headquartered in Overland Park, Kansas, QC Holdings, Inc. is just a provider that is leading of loans in the usa, operating 499 branches in 23 states. The company entered the short-term loan market in 1992 and, since 1998, has grown from 48 branches to 499 branches through a combination of de novo branch openings and acquisitions with more than 25 years of operating experience in the retail consumer finance industry. In addition, the business runs five automotive dealerships into the Kansas City area that is metropolitan. During financial 2010, the business advanced level roughly $1.0 billion to clients and reported total profits of $188.1 million.