Leading Payday Lender QC Holdings, Inc. Helps Make The Change To MoneyGram

Leading Payday Lender QC Holdings, Inc. Helps Make The Change To MoneyGram

Employees across 23 states whom use check cashing services are now able to additionally deliver cash, settle payments or purchase a cash purchase from a single location that is convenient making use of MoneyGram’s vast worldwide system and repayment solutions. QC Holdings, Inc., one of the nation’s leading payday loan providers, this week began rolling away MoneyGram (NYSE:MGI) services at significantly more than 300 of their retail places after significantly more than a 20-year affiliation with a leading competitor.

“We are stoked up about our new relationship with MoneyGram. Its strong payday loans North Carolina worldwide system and technology solutions will deliver exemplary value to the consumers also to our business,” said Darrin Andersen, QC Holdings’ president.

QC Holdings runs shops in 23 states, with all the presence that is strongest in Ca, Missouri and sc. The company’s main customer brands are Quik money and National Quik money, nevertheless the business also incorporates California Budget Finance, Express Check Advance of sc, First Payday Loans, QC Finance and AutoStart United States Of America.

“We are delighted to own received ecommerce, as QC Holdings is an established and reputable company within the lending that is payday check cashing industry,” said Dan O’Malley, MoneyGram’s professional vice president associated with Americas and appearing markets. “Additions like QC Holdings give MoneyGram a recognised amount and income base from where to create in, plus they truly are our most readily useful product sales device. Their impact and client base is a complement that is strategic MoneyGram’s community.”

QC Holdings, Inc. joins Mid-State Ventures, LLC d/b/a Friendly 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 system also contains Advance America, ACE money Express and Speedy money.

About MoneyGram Global MoneyGram Global, a respected money transfer business, allows customers who’re perhaps not completely offered by conventional banking institutions to satisfy their economic requirements. MoneyGram provides bill payment solutions in the usa and Canada and cash transfer services internationally through a worldwide system in excess of 244,000 agent locations—including merchants, worldwide post workplaces and monetary institutions—in 192 nations and regions. For more information on money bill or transfer repayment at a real estate agent location or on line, please visit www.moneygram.com or interact with us on Facebook.

About QC Holdings, Inc. Headquartered in Overland Park, Kansas, QC Holdings, Inc. is a leading provider of short-term 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 into the Kansas City area that is metropolitan. During financial 2010, the ongoing business advanced more or less $1.0 billion to clients and reported total profits of $188.1 million.

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