The Money Shop

Cheque Cashing Services and Operations in Colchester

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35 Queen Street
Colchester
Essex
CO1 2PQ

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About

About Us

The Money Shop convenience cheque cashing working throughout Colchester
Essex and across the UK. Our phenomenal success came from our delivery of exceptional customer service and aggressive approach towards market share and new product development. When we opened our first outlet in Nottingham, we recognised we were able to provide a valuable and needed service to our customers within a casual and friendly environment. We knew our customers wanted us to do all we could to provide service that was fast and recognise them respectfully as real people who we appreciated doing business with. We also knew in order to grow this business successfully, we needed trained and committed employees who could grow and develop as the company grew and developed. These fundamental philosophies continue today.

Why Us

Dollar Financial Corp is a leading international financial retail services Company serving customers who choose to conduct their domestic financial affairs away from mainstream banking organisations. Our consumers are typically lower and middle income individuals who require basic financial services and find that our customer service levels, hours of opening and accessibility of location consistent with their lifestyle needs. To meet these needs we provide a range of financial products and services built around are core service of 'On the Spot' Cheque Cashing loans. We operate a network of over 1100 stores including over 170 standalone stores within the UK of which 20 of them are fully franchised all trading under the branding of The Money Shop.

Services

Third Party Cheque Cashing. A cheque that is issued by a Company or Organisation and is made payable to an Individual. Our Cheque Cashing and short-term consumer loan program, provides immediate access to cash. We principally cash payroll cheques, although our stores also cash government benefit, personal and income tax refund cheques. We cashed approximately 2 million cheques with an average face value of £320.00 for an average fee of £22.00 in fiscal 2004. Cash Til Payday Loans. The Cash til Payday service represents 40% of our Cheque Cashing business. We offer a 30-day walk in loan up to £500.00 secured against the customers next salary deposit. This product assists customers to access CASH right now to service unforeseen short term expenditure between paydays. Pawn broking and Jewellery Sales. A service where your customer can obtain immediate CASH by depositing their items of jewellery as security with you for an agreed period of time. The unredeemed jewellery being sold by the Franchisee from a retail jewellery counter. Foreign Exchange

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Products and Services

We offer these payment methods

  • American Express
  • Cash
  • Cheque
  • Delta
  • MasterCard
  • Maestro
  • Visa

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