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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 is now able to additionally deliver cash, settle payments or buy cash purchase in one convenient location, making use of MoneyGram’s vast worldwide system and re re re payment solutions. QC Holdings, Inc., among the nation’s leading payday lenders, 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 leading competitor.
“we’re stoked up about our relationship that is new with. Its strong international system and technology solutions will deliver exemplary value to the customers and also to our company,” stated Darrin Andersen, QC Holdings’ president.
QC Holdings runs shops in 23 states, utilizing the strongest existence in Ca, Missouri and sc. The business’s main customer brands are Quik money and National Quik money, nevertheless the ongoing company comes with 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 gained ecommerce, as QC Holdings is a well founded and reliable company within the lending that is payday check cashing industry,” stated Dan O’Malley, MoneyGram’s executive vice president for the Americas and appearing areas. “Additions like QC Holdings give MoneyGram a proven amount and income base from where to create in, plus these are typically our most useful 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 Check Cashing and Rite Check Cashing, Inc., which also joined up with MoneyGram early in the day this year after long associations ( fifteen years and 40 years, correspondingly) with a money transfer company that is competing. MoneyGram’s representative community also incorporates 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 re payment solutions in the us and Canada and cash transfer services internationally through an international system of 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 payment at a representative location or on line, please visitr interact with us on Facebook.
About QC Holdings, Inc. Headquartered in Overland Park, Kansas, QC Holdings, Inc. is just a respected provider of short-term loans in the usa, operating 499 branches in 23 states. With increased than 25 many years of running experience in the retail customer finance industry, the organization joined the short-term loan market in 1992 and, since 1998, is continuing to grow from 48 branches to 499 branches through a variety of de novo branch spaces and purchases. In addition, the business runs five automotive dealerships into the Kansas City area that is metropolitan. During financial 2010, the business advanced level about $1.0 billion to clients and reported total profits of $188.1 million.