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Leading Payday Lender QC Holdings, Inc. Helps Make the Change To MoneyGram
DALLAS, Oct 31, 2011 (BUSINESS CABLE) — Workers across 23 states whom use check cashing services is now able to additionally deliver cash, settle payments or buy cash purchase from 1 convenient location, utilizing MoneyGram’s vast worldwide community and re re re payment services. QC Holdings, Inc., one of several 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 significantly more than a 20-year affiliation having a leading competitor.
“we’re worked up about our relationship that is new with. Its strong network that is global technology solutions will deliver exemplary value to the customers also to our business,” stated Darrin Andersen, QC Holdings’ president.
QC Holdings runs shops in 23 states, aided by 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 ongoing business also incorporates Ca Budget Finance, Express Check Advance of sc, First Payday Loans, QC Finance and AutoStart United States Of America.
“we have been delighted to own made this business, as QC Holdings is an founded and reputable company when you look at the lending that is payday check cashing industry,” stated Dan O’Malley, MoneyGram’s executive vice president associated with Americas and appearing areas. “Additions like QC Holdings give MoneyGram a well established amount and income base from where to create in, plus they have been our most readily useful product product sales device. Their impact and client base is really a strategic complement to MoneyGram’s system.”
QC Holdings, Inc. joins Mid-State Ventures, LLC d/b/a Friendly 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 ( fifteen years and 40 years, correspondingly) by having a contending cash transfer business. MoneyGram’s representative system also contains Advance America, ACE money Express and Speedy money.
About MoneyGram Overseas MoneyGram Overseas, a respected cash transfer business, allows customers who’re maybe not completely offered by old-fashioned banking institutions to meet up their monetary requirements. MoneyGram provides bill re re payment solutions in america and Canada and cash transfer services all over the world through a worldwide system greater than 244,000 agent locations–including retailers, worldwide post workplaces and economic institutions–in 192 nations and regions. To find out more about money bill or transfer re payment at a representative location or on line, 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 organization runs five automotive dealerships when you look at the Kansas City area that is metropolitan. During financial 2010, the ongoing business advanced level about $1.0 billion to clients and reported total profits of $188.1 million.
