DALLAS, Oct 31, 2011 (BUSINESS CABLE TV) – men and women across 23 claims just who want seek advice from cashing systems is capable furthermore distribute finances, pay bills or get a revenue purchase from a single beneficial place, using MoneyGram’s huge global people and quantity businesses. QC Holdings, Inc., among the many nation’s biggest payday lenders, recently establish moving MoneyGram (NYSE:MGI) solution at more than 300 in the number places after over a 20-year business with a variety one user.
a€?their great global people and development expertise will provide outstanding rates into the consumers and also our companies,a€? thought Darrin Andersen, QC Holdings‘ president.
QC Holdings works providers in 23 reports, utilizing the best profile in Ca, Missouri and South Carolina. Their main markets manufacturer come to be Quik money and nationwide Quik funds, yet the business boasts Ca spending arrange Finance, show examine progress of sc, first payday progress, QC funds and AutoStart JOINED COUNTY.
a€?we have been excited having acquired this business, as QC Holdings is just a professional and well founded and reputable company as soon as you check out the payday lending and appearance cashing business,a€? revealed Dan O’Malley, money Gram’s executive vp through the Americas and soaring options. a€?enhancements like QC Holdings give cash Gram a highly accredited levels and profits standards from the best places to render on, and perhaps they are our very own most readily useful earnings applications. The woman effect and number of customers is a strategic total to dollars Gram’s circle.a€?
QC Holdings, Inc. joins Mid-State works, LLC d/b/a Friendly inspect Cashing and Rite Check Cashing, Inc., which supported MoneyGram earlier in 2012 after extended interactions (fifteen decades and forty decades, correspondingly) with a contending funds send corporation. MoneyGram’s representative neighborhood also incorporates boost America, ACE money show and quick cash.
About revenue Gram international money Gram worldwide, a variety one profits transfer supplier, enables people that aren’t completely supported by standard banking institutions to meet unique financial demands. Earnings Gram offers spending fees expertise in the us and Canada and earnings forward treatments world-wide through a worldwide web of more than 244,000 specialist locationsa€“including shops, globally blog post ways and financial institutionsa€“in 192 countries and areas. For additional information on revenue move or outlay repayment at a representative area or online, kindly visit money gram or relate with you on myspace.
About QC Holdings, Inc. based in Overland playground, Kansas, QC Holdings, Inc. got a prominent service of quick profit america, working 499 divisions in 23 countries. Using more than twenty-five several years of working experience with the purchasing users economic markets, the company arrived in the temporary mortgage sector in 1992 and, since 1998, is continuing to grow from 48 limbs to 499 offices through a variety of de novo side open opportunities and acquisitions. Furthermore, the business operates five motor vehicle car dealerships through Kansas place citizen neighborhood. During financial 2010, the entity in question state-of-the-art around 1.0 billion to customers and mentioned full incomes of 188.1 million.
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