» Leading Payday Lender QC Holdings, Inc. Makes the Change To MoneyGram

Leading Payday Lender QC Holdings, Inc. Makes the Change To MoneyGram

Employees across 23 states who use check cashing services is now able to additionally send cash, settle payments or purchase a cash purchase from a single convenient location, making use of MoneyGram’s vast worldwide community and repayment services. QC Holdings, Inc., certainly one of the nation’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 leading competitor.

“We are worked up about our relationship that is new with. Its strong worldwide community and technology solutions will deliver exemplary value to the customers also to our business,” said Darrin Andersen, QC Holdings’ president.

QC Holdings runs shops in 23 states, with all the strongest existence in California, Missouri and sc. The company’s main customer brands are Quik money and National Quik money, nevertheless the business also contains Ca Budget Finance, Express Check Advance of South Carolina, First Payday Loans, QC Finance and AutoStart USA.

“We are delighted to own made ecommerce, as QC Holdings is an established and reputable company when you look at the lending that is payday check cashing industry,” said Dan O’Malley, MoneyGram’s administrator vice president regarding the Americas and appearing areas. “Additions like QC Holdings give MoneyGram a proven amount and income base from where to create in, plus they have been our most readily useful sales device. Their impact and client base is 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 previously this year after long associations (fifteen payday loans MO years and 40 years, correspondingly) with a competing cash transfer business. MoneyGram’s representative system also incorporates 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 repayment services in america and Canada and cash transfer services all over the world through a worldwide community in excess of 244,000 agent locations—including stores, worldwide post workplaces and economic institutions—in 192 nations and regions. For more information on money transfer or bill repayment at a real estate agent location or on the web, please visit www.moneygram.com or relate 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. With over 25 several years of running expertise in the retail customer finance industry, the organization joined the short-term loan market in 1992 and, since 1998, has exploded from 48 branches to 499 branches through a variety of de novo branch spaces and purchases. In addition, the business runs five automotive dealerships within the Kansas City area that is metropolitan. During financial 2010, the ongoing business advanced level roughly $1.0 billion to clients and reported total profits of $188.1 million.

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