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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 utilizing MoneyGram’s vast international 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 leading competitor.

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

QC Holdings runs shops in 23 states, aided by 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 Ca Budget Finance, Express Check Advance of sc, First Payday Loans, QC Finance and AutoStart United States Of America.

“We are delighted to possess received ecommerce, as QC Holdings is a well established and reliable company into 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 volume and income base from where to create in, plus these are typically our most readily useful product sales device. Their impact and client base is a strategic complement to 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 up with MoneyGram previously this year after long associations (fifteen years and 40 years, respectively) with a competing cash transfer business. MoneyGram’s representative system also contains Advance America, ACE money Express and Speedy money.

About MoneyGram International MoneyGram Overseas, a prominent cash transfer business, allows customers who are perhaps not completely offered by conventional finance institutions to meet up with their monetary requirements. MoneyGram provides bill repayment solutions in america and Canada and cash transfer services around the world through a worldwide community greater than 244,000 agent locations—including merchants, worldwide post workplaces and economic institutions—in 192 nations and regions. For more information on money transfer or bill repayment at a real estate agent 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 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 organization runs five automotive dealerships into the Kansas City area that is metropolitan. During fiscal 2010, the business advanced level about $1.0 billion to clients and reported total revenues of $188.1 million.

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Disclaimer

Short-term loans are emergency credit services and products of reasonably lower amounts created for short-term monetary problems just and certainly will be an expensive item if useful for long-lasting purposes.