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Leading Payday Lender QC Holdings, Inc. Makes the Change To MoneyGram
DALLAS, Oct 31, 2011 (BUSINESS WIRE) — employees across 23 states whom use check cashing services are now able to additionally deliver cash, settle payments or buy cash purchase from a convenient location, making use of MoneyGram’s vast worldwide community and re re re payment services. QC Holdings, Inc., one of several country’s leading payday loan providers, this week began rolling away MoneyGram (NYSE:MGI) services at a lot more than 300 of their retail places after significantly more than a 20-year affiliation by having a leading competitor.
«Our company is stoked up about our relationship that is new with. Its strong network that is global technology solutions will deliver exemplary value to the customers and also to our business,» stated Darrin Andersen, QC Holdings’ president.
QC Holdings runs shops in 23 states, because of the strongest existence in Ca, Missouri and sc. The business’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 own received ecommerce, as QC Holdings is an founded and reliable company into the lending that is payday 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 an existing amount and income base from where to build in, plus they’ve been our most readily useful product 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 always always always 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) by having a contending cash transfer business. MoneyGram’s representative community also contains Advance America, ACE money Express and Speedy money.
About MoneyGram Global MoneyGram International, a prominent cash transfer business, allows customers who aren’t completely offered by old-fashioned banking institutions to meet up with their economic requirements. MoneyGram provides bill re payment solutions in the us and Canada and cash transfer services all over the world through a worldwide system 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 realtor location or on the web, please visitr connect to us on Facebook.
About QC Holdings, Inc. Headquartered in Overland Park, Kansas, QC Holdings, Inc. is just a provider that is leading of loans in america, 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 within the Kansas City area that is metropolitan. During financial 2010, the business advanced level roughly $1.0 billion to clients and reported total profits of $188.1 million.