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Dollar Financial UK launches community sports fund

The Money Shop is launching a community fund to help children and young adults taking part in sport.

A number of causes will benefit from the first round of cash awards being planned by the financial services company.

A shortlist is being drawn up and talks have started to decide how best to use the cash.

Corporate affairs director Caroline Walton said: "Sport is a fantastic way to bring communities together and can play a key role in boosting fitness levels among our young people.

"Our hope is that this will have long-term benefits for us all.

"We don't have any preconceived ideas about what sort of groups will receive these awards - they just need to involve children and young adults and some kind of sporting activity."

The Money Shop has stores nationwide and shares its headquarters with parent company Dollar Financial UK in Nottingham. 

The Money Shop offers financial services including unsecured short-term credit, secured credit through pawnbroking loans, foreign currency exchange, pre-paid cash cards, cheque cashing, gold buying services and money transfer.

Dollar Financial UK also operates online payday lending services through its Payday UK and Payday Express brands; business loans, through Merchant Cash Express; and jewellery and pawnbroking through its specialists at Suttons and Robertsons in London, Duncanson and Edwards in Edinburgh and Robert Biggar in Glasgow. It employs more than 2,100 staff.

The unsecured short-term credit businesses are leading members of the Consumer Finance Association, which operates to maintain high standards of responsible lending across the sector, and are licensed and regulated by the Office of Fair Trading.

Dollar Financial UK is part of the US-based DFC Global Corp, which has operations in the USA, the UK, Canada, the Republic of Ireland, Sweden, Finland and Poland.  



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