Finance

People’s United Bank Corporate Office

People’s United Bank was founded in 1842 as People’s Bank, a savings bank, in Bridgeport, Connecticut.

Today People’s United Bank has more than 400 locations, including traditional branches, supermarket branches, commercial banking offices, investment and brokerage offices, and equipment leasing offices.

These locations are in Connecticut, Vermont, New Hampshire, Massachusetts, Maine, and New York.

People’s United Financial, the holding company of People’s United Bank, is a diversified financial services company with $28 billion in assets. The company offers equipment financing, asset management, brokerage, insurance services, and financial advisory services.

People’s United Financial trades on the NASDAQ under the symbol PBCT and is part of the S&P 500. The company had $1.18 billion in revenue in 2013.

People's United Bank

People’s United Bank was founded in 1842 as People’s Bank, a savings bank, in Bridgeport, Connecticut.

These locations are in Connecticut, Vermont, New Hampshire, Massachusetts, Maine, and New York.

History

People’s United Financial trades on the NASDAQ under the symbol PBCT and is part of the S&P 500. The company had $1.18 billion in revenue in 2013.

Splash Cash Advance Corporate Office

Splash Cash Advance is owned and operated by First American Capital Resources ONE, LLC (FACR 1). FACR 1 is a payday loan lender and processes loans online through its website.

FACR 1 is a limited liability company organized under the laws of the Chippewa-Cree Tribe of Rocky Boy’s Indian Reservation in Montana.

FACR 1 is thus not subject to licensing by any state and is immune from state investigation or enforcement actions.

What this means for consumers is that FACR 1 can process payday loans to residents of any state, no matter the legality of payday loans in that state.

FACR 1 has a C+ rating with the Better Business Bureau. The company has many complaints, especially in the areas of collection and billing. The company works with the Better Business Bureau to resolve consumer complaints.

FACR 1 charges an average of 200% to 400% interest on payday loans. Borrowers have reported paying back four times the principal of their loan.

Splash Cash Advance

Splash Cash Advance is owned and operated by First American Capital Resources ONE, LLC (FACR 1). FACR 1 is a payday loan lender and processes loans online through its website.

FACR 1 is a limited liability company organized under the laws of the Chippewa-Cree Tribe of Rocky Boy’s Indian Reservation in Montana.

FACR 1 is thus not subject to licensing by any state and is immune from state investigation or enforcement actions.

History

What this means for consumers is that FACR 1 can process payday loans to residents of any state, no matter the legality of payday loans in that state.

FACR 1 charges an average of 200% to 400% interest on payday loans. Borrowers have reported paying back four times the principal of their loan.

Money Mart Corporate Office

The Check Cashing Store is owned by DFC Global Corp., which owns and operates 1,350 locations under the names The Check Cashing Store, Money Mart, Money Shop, Insta-Cheques, Sefina, Suttons and Robertsons, Helsingin Pantti, MoneyNow!, Risicum, OK Money, Super Efectivo, and Express Credit Amanet.

DFC Global Corp. offers check cashing services, short-term loans, money transfers, tax filing, gold purchasing, foreign exchange, reloadable Visa and MasterCard debit cards, military installment loan and education services, and money orders.

The company operates in the United States, Canada, United Kingdom, Sweden, Finland, Poland, Spain, Romania, Czech Republic, and Ireland.

Money Mart was sued in a class action lawsuit that alleged Money Mart offered loans in California to consumers with interest rates exceeding the limits set by the state of California. The lawsuit was settled in 2012 with a $7.5 million settlement on behalf of over 10,000 consumers.

The company was formerly known as Dollar Financial Corp. and changed its name to DFC Global Corp. in 2011.

DFC Global Corp. is publicly traded on the NASDAQ under the symbol DLLR.

DFC Global Corp. has 6,600 employees and had $1.11 billion in revenue in 2013.

Money Mart

The company operates in the United States, Canada, United Kingdom, Sweden, Finland, Poland, Spain, Romania, Czech Republic, and Ireland.

History

The company was formerly known as Dollar Financial Corp. and changed its name to DFC Global Corp. in 2011.

DFC Global Corp. is publicly traded on the NASDAQ under the symbol DLLR.

DFC Global Corp. has 6,600 employees and had $1.11 billion in revenue in 2013.

Quik Cash Corporate Office

Quik Cash is owned by QC Holdings, which also operates more than 500 loan stores under the names National Quik Cash, California Budget Finance, Express Check Advance of Southern California, First Payday Loans, Nationwide Budget Finance, and QC Financial Services.

QC Holdings targets working class people with short-term, high-interest loans from $100 to $500.

QC Holdings is a publicly traded company, trading on the NASDAQ under the symbol QCCO.

The company also offers check-cashing services, title loans, installment loans, credit services, open-end credit, debit cards, money transfers, and Western Union money orders.

QC Holdings was founded by Don Early in 1984 in Overland Park, Kansas. The company has 1,600 employees and had $182.58 million in revenue in 2013.

Quik Cash and QC Holdings was sued by the Attorney General of the state of Arizona. The company filed hundreds of suits against consumers who had defaulted on their loans in Pima County, Arizona, without regard to where the defendant lived, even if it was in a different state. This severely limited the defendants’ ability to defend themselves. The company was ordered to pay $170,000 to settle the lawsuit in 2011.

Quik Cash

QC Holdings targets working class people with short-term, high-interest loans from $100 to $500.

QC Holdings is a publicly traded company, trading on the NASDAQ under the symbol QCCO.

History

The company also offers check-cashing services, title loans, installment loans, credit services, open-end credit, debit cards, money transfers, and Western Union money orders.

QC Holdings was founded by Don Early in 1984 in Overland Park, Kansas. The company has 1,600 employees and had $182.58 million in revenue in 2013.

First Cash Financial Services Inc. Corporate Office

First Cash Financial Services Inc. was founded in 1988 in Arlington, Texas.

The company operates 866 retail-based pawn and consumer finance stores in the United States and Mexico and operates in three segments: U.S. pawn operations, U.S. consumer loan operations, and Mexico operations.

The pawn stores lend money with the collateral of personal property, such as electronics, appliances, jewelry, musical instruments, sporting goods, and tools. They also sell this merchandise if forfeited.

The company also provides short-term loans (known as payday loans) and credit services.

First Cash Financial Services Inc. operates pawn stores under the names First Cash Pawn and Famous Pawn and payday loans and financial services as First Cash Advance, and Cash & Go.

First Cash Financial Services is publicly traded on the NASDAQ under the ticker FCFS. The company had $338.68 million in profit on $660.85 million in revenue.

First Cash Financial Services Inc.

First Cash Financial Services Inc. was founded in 1988 in Arlington, Texas.

History

The company also provides short-term loans (known as payday loans) and credit services.

First Cash Financial Services Inc. operates pawn stores under the names First Cash Pawn and Famous Pawn and payday loans and financial services as First Cash Advance, and Cash & Go.

First Cash Financial Services is publicly traded on the NASDAQ under the ticker FCFS. The company had $338.68 million in profit on $660.85 million in revenue.