QCCO Stock Analysis

QC Hldgs Inc

QC Holdings Inc. and its subsidiaries is engaged in providing various financial services (primarily payday loans) and sell used vehicles and earn finance charges from the related vehicle financing contracts. The Company operates in three segments: Financial Services, Automotive and E-Lending. The Financial Services segment includes branches that offer payday loans, installment loans, credit services, check cashing services, title loans, money transfers and money orders. The Automotive segment consists of the Company's buy here, pay here operations. The E-Lending segment includes the Internet lending operations in Canada. On September 30, 2011, through a wholly-owned subsidiary, QC Canada Holdings Inc., the Company acquired Direct Credit Holdings Inc. During the year ended December 31, 2011, the Company closed 24 branches in various states (which included four branches that were consolidated into nearby branches) and sold one branch.