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, settle payments or purchase a cash purchase in one location that is convenient making use of MoneyGram’s vast international system and repayment solutions. 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 significantly more than a 20-year affiliation with a leading competitor.

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

QC Holdings runs shops in 23 states, because of the strongest existence in California, Missouri and sc. The company’s main customer brands are Quik money and National Quik money, however the business comes with Ca Budget Finance, Express Check Advance of South Carolina, First Payday Loans, QC Finance and AutoStart United States Of America.

“We are delighted to possess made ecommerce, as QC Holdings is an established and reputable company within the payday lending and check cashing industry,” said Dan O’Malley, MoneyGram’s administrator vice president associated with Americas and appearing areas. “Additions like QC Holdings give MoneyGram a well established amount and revenue base from where to create in, plus they’ve been 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., that also joined up with MoneyGram early in the day this year after long associations (fifteen years and 40 years, correspondingly) with a competing cash transfer business. MoneyGram’s agent system also incorporates Advance America, ACE money Express and Speedy Cash.

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 offers bill repayment solutions in the us and Canada and cash transfer services globally through a worldwide community of greater than 244,000 agent locations—including stores, worldwide post workplaces and economic institutions—in 192 countries and regions. For more information on money bill or transfer payment at a realtor location or on the web, 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. With increased than 25 many years of running expertise in the retail customer finance industry, the business joined the short-term loan market in 1992 and, since 1998, is continuing to grow from 48 branches to 499 branches through a variety of de novo branch spaces and purchases. In addition, the business runs five automotive dealerships when you look at the Kansas City area that is metropolitan. During financial 2010, the business advanced level approximately $1.0 billion to clients and reported total profits of $188.1 million.

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