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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 in one convenient location, making use of MoneyGram's vast worldwide community and 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 leading competitor.
"we have been worked up about our brand new relationship with MoneyGram. Its strong international system and technology solutions will deliver excellent value to the customers and also to our business," stated Darrin Andersen, QC Holdings' president.
QC Holdings runs stores in 23 states, because of the presence that is strongest in Ca, Missouri and sc. The business's main customer brands are Quik money and National Quik money, nevertheless the ongoing 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 made ecommerce, as QC Holdings is an founded and reputable company into the lending that is payday check cashing industry," stated Dan O'Malley, MoneyGram's executive vice president associated with Americas and emerging areas. "Additions like QC Holdings give MoneyGram a proven amount and income base from where to create in, plus they have been our most useful 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 Check Cashing and Rite Check Cashing, Inc., that also joined up with MoneyGram early in the day this year after long associations ( fifteen years and 40 years, correspondingly) having a contending cash transfer business. MoneyGram's representative system also contains Advance America, ACE money Express and Speedy money.
About MoneyGram Global MoneyGram Global, a respected cash transfer business, allows customers that are perhaps not completely offered by conventional banking institutions to meet up with their monetary requirements. MoneyGram provides bill re re re payment solutions in america and Canada and cash transfer services around 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. For more information on money bill or transfer re payment at a representative location or on line, please visitr relate solely 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 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 metropolitan area. During financial 2010, the ongoing business advanced level roughly $1.0 billion to clients and reported total profits of $188.1 million.