Cash Mart Welcomes Brand New Cash Advance Regulation for Province of Nova Scotia

BERWYN, Pa.–( BUSINESS WIRE )–National Money Mart business, a subsidiary of Dollar Financial Corp (NASDAQ:DLLR) and Canada’s leading convenience economic supplier, today welcomed news that the Province of Nova Scotia is the very very very very first in Canada to formally manage the cash advance industry, including a maximum rate of borrowing at the time of August 1, 2009, by having a regime that may balance strong customer security having a payday loan industry that is viable. Cash Mart currently provides payday advances below the government’s price limit and it is the cheapest cash advance provider in Nova Scotia.

Cash Mart is a member that is founding of Canadian cash advance Association (CPLA) that’s been employed by 5 years towards provincial legislation associated with the industry.

Nova Scotia’s proceed to enact viable and balanced industry legislation is consistent with comparable initiatives underway in British Columbia, Alberta, Saskatchewan, Manitoba, Ontario, brand brand New Brunswick and Prince Edward Island.

About Dollar Financial Corp

Dollar Financial Corp is a prominent diversified worldwide monetary solutions business serving unbanked and consumers that are under-banked. Its clients are generally solution sector people who need fundamental monetary solutions but, for reasons of convenience and accessibility, buy some or all their economic solutions through the business in place of from banking institutions along with other institutions that are financial. To generally meet the requirements of these customers, the business provides a variety of customer financial loans and solutions mainly composed of check cashing, short-term customer loans, guaranteed pawn financing, Western Union cash purchase and money transfer services and products, gold buying, forex, reloadable VISAВ® and MasterCardВ® branded debit cards, electronic income tax filing, and bill payment services. Read more