DOLLAR LOAN CENTER

Dollar Loan Center (DLC) was founded in 1998 by Charles “Chuck” Brennan who is still the majority owner of the company as well as being the Founder/CEO. With his strong background in the financial services industry, Chuck recognized that there was a better way to make short-term loans than the typical payday loan (flat-fee for holding a post-dated check for a fixed period).The business model was simple, offer customers a signature loan (no check or other collateral, simple interest – the i... nterest accrues daily and does not compound). Compared to charging a flat-fee up front, this is a better product for the customer, and one that had previously been unavailable to anyone who is in need of a short-term loan. The signature loan product also allows us to give credit to those without a checking account. This has helped to attract more customers in recent times due to the changing banking environment.More