Dollar Financial Group
Encyclopedia
Dollar Financial Group, Inc. (DFG) is a US-based financial services group with over 1000 locations in seven countries. It focusses on low-income or bad-credit consumers, providing short term loans (payday loan
Payday loan
A payday loan is a small, short-term loan that is intended to cover a borrower's expenses until his or her next payday. The loans are also sometimes referred to as cash advances, though that term can also refer to cash provided against a prearranged line of credit such as a credit card...

s), pawnbroking and gold buying services. DFG's brands include Money Mart
Money Mart
Money Mart is a Canadian payday loan and cheque-cashing company. It was founded in Edmonton, Alberta in 1982, and grew steadily. It was purchased from the founders in 1996 by Dollar Financial Group. Money Mart currently owns 412 stores across Canada with an additional 53 franchised stores. The...

 (Canada), The Money Shop (UK and Ireland), Loan Mart, Insta-Cheques, and We The People.

In 2009 DFG was the largest provider of payday loans in the United Kingdom
Payday loans in the United Kingdom
Payday loans in the United Kingdom are a rapidly growing industry, with four times as many people using such loans in 2009 compared to 2006 - in 2009 1.2 million people took out 4.1 million loans, with total lending amounting to £1.2 billion. The average loan size is around £300, and two-thirds of...

, with around a quarter of the market. In February 2011 DFG additionally acquired the largest British internet payday lender, Month End Money (MEM) (including the brand PayDay UK) for $195m, and suggested The Money Shop's network could grow from around 350 shops to around 1200.

The company was previously known as "Monetary Management Corporation", changing its name in 1990.
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