- Dollar Financial Group
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Dollar Financial Group Type Public Traded as NASDAQ: DLLR Industry Financial services and Retail Founded 1979[1] Headquarters Berwyn, Pennsylvania,
United StatesArea served international Products Loans, Pawnbroking and Jewellery sales Website dfg.com Dollar Financial Group, Inc. (DFG) is a US-based financial services group with over 1000 locations in seven countries.[1] It focusses on low-income or bad-credit consumers, providing short term loans (payday loans), pawnbroking and gold buying services.[1] DFG's brands include Money Mart (Canada), The Money Shop (UK and Ireland), Loan Mart, Insta-Cheques, and We The People.[2]
In 2009 DFG was the largest provider of payday loans in the United Kingdom, with around a quarter of the market.[3] In February 2011 DFG additionally acquired the largest British internet payday lender, Month End Money (MEM) (including the brand PayDay UK) for $195m,[4] and suggested The Money Shop's network could grow from around 350 shops to around 1200.[5]
The company was previously known as "Monetary Management Corporation", changing its name in 1990.[2]
References
- ^ a b c DFG, DFG
- ^ a b BusinessWeek, Dollar Financial Group Inc.
- ^ Marie Burton, Consumer Focus, Keeping the plates spinning: Perceptions of payday loans in Great Britain
- ^ BusinessWire, 1 April 2011, Dollar Financial Corp Consummates Previously Announced Acquisition of Purpose U.K. Holdings Limited, (MEM), the Leading Provider of Internet Loans in the United Kingdom
- ^ The Guardian, 11 February 2011, US payday loan firms plan rapid expansion in cash-strapped Britain
Categories:- Companies listed on NASDAQ
- Pawn shops
- Retail financial services
- Companies established in 1979
- Companies based in Pennsylvania
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