Vancouver B.C. based Credilogic recently sold to Kansas based QC Holdings Inc. for US$12 million. QC operates 500 payday loan stores in the U.S. and announced that this purchase helps them diversify their revenue stream by expanding to Canada.
In May Kansas based Speedy Cash expanded its online payday loan business when it bought Ontario based CashMoney for approximately $100 million.
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Posted by: Sheds | January 07, 2012 at 12:54 AM