|
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 loans), pawnbroking and gold buying services.〔 DFG's brands include Money Mart (Canada), The Money Shop (UK and Ireland), Loan Mart, Insta-Cheques, and We The People.〔 The group acquired high-end pawnbrokers Suttons & Robertsons in 2010. In 2009 DFG was the largest provider of payday loans in the United Kingdom, with around a quarter of the market.〔Marie Burton, Consumer Focus, (Keeping the plates spinning: Perceptions of payday loans in Great Britain )〕 In February 2011 DFG additionally acquired the largest British internet payday lender, Month End Money (MEM) (including the brand PaydayUK) for $195m,〔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 )〕 and suggested The Money Shop's network could grow from around 350 shops to around 1200.〔''The Guardian'', 11 February 2011, (US payday loan firms plan rapid expansion in cash-strapped Britain )〕 The company was previously known as "Monetary Management Corporation", changing its name in 1990.〔''BusinessWeek'', (Dollar Financial Group Inc. )〕 The company was purchased by private equity fund manager Lone Star Funds in 2014.〔("Lone Star Funds to Buy DFC Global," Wall Street Journal, 4/2/2014 )〕 ==Regulatory action== In 2013, the United States Consumer Financial Protection Bureau issued a consent order against a subsidiary for making false statements about auto loans to soldiers and veterans. The company was required to refund $3.3 million to servicemembers.〔(CFPB press release issued 6/27/2013 )〕 In June 2015, a year after its acquisition by Lone Star Funds, the company announced that it would wind down the program and cease taking on new customers.〔(Company website accessed 11/3/2015 )〕 In October 2015, the UK Financial Conduct Authority ordered an affiliate to refund £15.4 million to 147,000 customers〔("Dollar Financial ordered to repay £15.4 million to customer," The Guardian, 10/26/2015 )〕 after finding that the company was lending more to borrowers than they could afford to repay.〔(FCA press release issued 10/26/2015 )〕 抄文引用元・出典: フリー百科事典『 ウィキペディア(Wikipedia)』 ■ウィキペディアで「Dollar Financial Group」の詳細全文を読む スポンサード リンク
|