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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 a single convenient location, utilizing MoneyGram’s vast international community and re re re re payment solutions. QC Holdings, Inc., among the 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 a lot more than a 20-year affiliation having a competitor that is leading.
“Our company is worked up about our brand new relationship with MoneyGram. Its strong worldwide community and technology solutions will deliver excellent value to your customers 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 business’s main customer brands are Quik Cash and National Quik money, nevertheless the business 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 attained ecommerce, as QC Holdings is an founded and reliable company within the payday lending and check cashing industry,” stated Dan O’Malley, MoneyGram’s executive vice president associated with the Americas and emerging areas. “Additions like QC Holdings give MoneyGram an existing amount and income base from where to create in, plus these are generally our most readily useful product product product sales device. Their impact and client base is really 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 ( fifteen years and 40 years, correspondingly) by having a money transfer company that is competing. MoneyGram’s representative community also contains Advance America, ACE money Express and Speedy money.
About MoneyGram Global MoneyGram Overseas, a number one cash transfer business, allows customers who’re maybe not completely offered by conventional banking institutions to satisfy their monetary requirements. MoneyGram provides bill re payment solutions in america and Canada and cash transfer services around the world through an international community in excess of 244,000 agent locations–including retailers, worldwide post workplaces and economic institutions–in 192 nations and regions. For more information on money bill or transfer re re payment at a real estate agent 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 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 operates five automotive dealerships into the Kansas City metropolitan area. During financial 2010, the business advanced level around $1.0 billion to clients and reported total profits of $188.1 million.