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 is now able to additionally deliver cash, pay bills or purchase a cash order in one location that is convenient 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 significantly more than 300 of their retail places after a lot more than a 20-year affiliation with a competitor that is leading.

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

QC Holdings runs stores in 23 states, because of the strongest existence in Ca, Missouri and sc. The company’s main customer brands are Quik money and National Quik Cash, nevertheless the business also contains Ca Budget Finance, Express Check Advance of sc, First Payday Loans, QC Finance and AutoStart United States Of America.

“We are thrilled to possess gained ecommerce, as QC Holdings is a well established and reputable company within the payday lending and check cashing industry,” said Dan O’Malley, MoneyGram’s administrator vice president regarding the Americas and appearing 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 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 Check Cashing and Rite Check Cashing, Inc., that also joined MoneyGram early in the day this year after long associations (fifteen years and online payday FL 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 Overseas MoneyGram Overseas, a respected cash transfer business, enables customers that are perhaps not completely offered by conventional banking institutions to satisfy their economic requirements. MoneyGram provides bill repayment solutions in the usa and Canada and cash transfer services around the world through an international network in excess of 244,000 agent locations—including merchants, worldwide post workplaces and economic institutions—in 192 nations and regions. To find out more about money bill or transfer repayment at a representative 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 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 organization runs five automotive dealerships into the Kansas City area that is metropolitan. During financial 2010, the business advanced level around $1.0 billion to clients and reported total revenues of $188.1 million.

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