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Leading Payday Lender QC Holdings, Inc. Helps Make the Change To MoneyGram
DALLAS, Oct 31, 2011 (BUSINESS CABLE) — employees across 23 states whom use check cashing services are now able to additionally deliver cash, settle payments or buy cash purchase from 1 convenient location, making use of MoneyGram’s vast international community and re re re payment solutions. QC Holdings, Inc., one of many country’s leading payday loan providers, this week began rolling away MoneyGram (NYSE:MGI) services at a lot more than 300 of its retail places after significantly more than a 20-year affiliation with a competitor that is leading.
“Our company is stoked up about our brand new relationship with MoneyGram. Its strong international community and technology solutions will deliver exemplary value to your customers and also to our business,” stated Darrin Andersen, QC Holdings’ president.
QC Holdings runs shops in 23 states, aided by the strongest existence in Ca, Missouri and sc. The organization’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 possess acquired ecommerce, as QC Holdings is a well founded and reputable company into 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 recognised amount and income base from where to create in, plus they have been our most readily useful product product product product sales device. Their impact and client base is just a complement that is strategic MoneyGram’s community.”
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 ( 15 years and 40 years, correspondingly) by having a contending cash transfer business. MoneyGram’s representative community comes with Advance America, ACE Cash 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 re re re payment solutions in america and Canada and cash transfer services internationally through an international community greater than 244,000 agent locations–including retailers, worldwide post workplaces and economic institutions–in 192 nations and regions. For more information on money transfer or bill re re re re re payment at a representative location or on line, please visitr connect to us on Facebook.
About QC Holdings, Inc. Headquartered in Overland Park, Kansas, QC Holdings, Inc. is a number one provider of short-term loans in the usa, operating 499 branches in 23 states. With increased than 25 many years of running expertise in the retail customer finance industry, the business entered the short-term loan market in 1992 and, since 1998, is continuing to grow from 48 branches to 499 branches through a mixture of de novo branch spaces and acquisitions. In addition, the organization runs five automotive dealerships within the Kansas City metropolitan area. During financial 2010, the business advanced roughly $1.0 billion to clients and reported total profits of $188.1 million.