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

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

News Release

DALLAS, Oct 31, 2011 (BUSINESS CABLE) — employees across 23 states whom use check cashing services is now able to additionally deliver cash, settle payments or purchase a cash purchase from a single convenient location, utilizing MoneyGram’s vast worldwide community and payment solutions. QC Holdings, Inc., one of many country’s leading payday lenders, this week began rolling out MoneyGram (NYSE:MGI) services at a lot more than 300 of the retail places after a lot more than a 20-year affiliation with a competitor that is leading.

“we have been worked up about our new relationship with MoneyGram. Its strong worldwide community and technology solutions will deliver excellent value to the customers also to our business,” stated Darrin Andersen, QC Holdings’ president.

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

“we have been thrilled to own attained ecommerce, as QC Holdings is an established and reliable company into the lending that is payday check cashing industry,” stated Dan O’Malley, MoneyGram’s executive vice president for the Americas and appearing areas. “Additions like QC Holdings give MoneyGram a proven amount and income base from where to create in, plus they’ve been our most 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 always check Cashing and Rite Check Cashing, Inc., that also joined up with MoneyGram previously this year after long associations (fifteen years and 40 years, correspondingly) with a competing cash transfer business.继续阅读