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Leading Payday Lender QC Holdings, Inc. Helps Make The Change To MoneyGram


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Leading Payday Lender QC Holdings, Inc. Helps Make The Change To MoneyGram

Employees across 23 states whom use check cashing services is now able to additionally deliver cash, settle payments or purchase a cash purchase from a single location that is convenient making use of MoneyGram’s vast international system and repayment solutions. QC Holdings, Inc., certainly one of the nation’s leading payday loan providers, this week began rolling away MoneyGram (NYSE:MGI) services at significantly more than 300 of the retail places after significantly more than a 20-year affiliation with a leading competitor.

“We are worked up about our relationship that is new with. Its strong worldwide community and technology solutions will deliver excellent value to your customers and also to our business,” said Darrin Andersen, QC Holdings’ president.

QC Holdings runs shops in 23 states, using the presence that is strongest in Ca, Missouri and sc. The company’s main consumer brands https://1hrtitleloans.com/payday-loans-vt/ are Quik Cash and National Quik money, nevertheless the business also incorporates Ca Budget Finance, Express Check Advance of sc, First Payday Loans, QC Finance and AutoStart United States Of America.

“We are delighted to own gained ecommerce, as QC Holdings is an established and reliable company when you look at the payday lending and check cashing industry,” said Dan O’Malley, MoneyGram’s professional vice president regarding the Americas and appearing areas. “Additions like QC Holdings give MoneyGram an existing amount and income base from where to create in, plus they have been our most useful product sales device. Their impact and customer base is a complement that is strategic MoneyGram’s system.”

QC Holdings, Inc. joins Mid-State Ventures, LLC d/b/a Friendly 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 money transfer business. MoneyGram’s representative system also contains Advance America, ACE money Express and Speedy money.

A leading money transfer company, enables consumers who are not fully served by traditional financial institutions to meet their financial needs about MoneyGram International MoneyGram International. MoneyGram provides bill payment solutions in america and Canada and cash transfer services globally through a worldwide community in excess of 244,000 agent locations—including stores, international post workplaces and monetary institutions—in 192 nations and regions. For more information on money bill or transfer repayment at a representative location or on line, please visit www.moneygram.com or relate solely to us on Facebook.

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About QC Holdings, Inc. Headquartered in Overland Park, Kansas, QC Holdings, Inc. is a provider that is leading of loans in the us, 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 fiscal 2010, the ongoing business advanced level roughly $1.0 billion to clients and reported total profits of $188.1 million.

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