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TMX Finance
Company type
Private/Employee Owned
Industry
Consumer Lending
Founded
June 2010; 14 years ago (2010-06)[1] Savannah, Georgia
Headquarters
Savannah, Georgia
,
United States
Number of locations
More than 900 Stores (January, 2023)
Area served
Alabama, Arizona, Delaware, Florida, Georgia, Idaho, Kansas, Mississippi, Missouri, Nevada, New Mexico, South Carolina, Tennessee, Texas, Utah, Wisconsin[2]
Products
Title Loans, Title Pawn, personal loans
Services
Alternative financial service
Revenue
US$ 389.4 million (2010) [3]
Net income
US$ 81.7 million (2010) [3]
Owner
Tracy Young
Number of employees
3300+ (2012)
Subsidiaries
TitleMax
TitleBucks
EquityAuto Loan
Community Choice Financial
InstaLoan
Website
www.tmxfinancefamily.com
TMX Finance is an American company that provides consumer loans and payday loans through its subsidiaries including TitleMax, TitleBucks, EquityAuto Loan, Community Choice Financial and InstaLoan. The company holds more than 900 stores in over fourteen states including Alabama, Arizona, Delaware, Florida, Georgia, Mississippi, Missouri, Nevada, New Mexico, South Carolina, Tennessee, Texas, Utah, and Wisconsin, and an online presence in Idaho.[2] TMX Finance’s brands serve individuals who generally have limited access to consumer credit from banks, thrift institutions, credit card lenders, and other traditional sources of consumer credit.[3]
TitleMax markets easy cash to borrowers with “good credit, bad credit, or no credit” secured by the title to their car. In Dallas, San Antonio, and Austin – which have all passed lending laws – those loans have come with zero percent interest.
After 30 days, however, the loan is due in full. If the borrower cannot pay –TitleMax’s average loan is for $1,300 – the borrower is sent to another TitleMax location outside of the city, where he or she can receive a new, unrestricted loan. The borrower would be free to renew the loan at that location indefinitely. That loan, states a contract given to one borrower, could have an annual rate as high as 310 percent.[4]
TMX is owned by Tracy Young of Savannah, Georgia.[5]
TMXFinance is an American company that provides consumer loans and payday loans through its subsidiaries including TitleMax, TitleBucks, EquityAuto Loan...
NCR system Tickle Me Elmo#TMX, a Sesame Street doll Kodak T-MAX 100 film edge marking Tandem Mirror Experiment TMXFinance, US company Tamoxifen, breast...
TMX Group Limited is a Canadian financial services company that operates equities, fixed income, derivatives, and energy markets exchanges. The company...
TitleMax’s parent company, TMXFinance, changed its name from TitleMax Holdings, LLC to TMXFinance LLC as of June 21, 2010. TMXFinance controls over 900 stores...
TSX.com. Retrieved February 16, 2024. "TMX Group Equity Financing Statistics - March 2023 - TMX Group Ltd". TMX Group. Retrieved June 6, 2023. "The MiG...
upgrading TMX to add the thermal barriers in the $14 million TMX-U. The proposal was accepted and construction on both systems began, with TMX shutting...
while TMX Chief Executive Thomas Kloet would have become the new firm president. The LSE Group however announced it was terminating the merger with TMX on...
February 18, 2015. Retrieved February 13, 2015. "TMX Group Equity Financing Statistics – September 2014". TMX. September 2014. Retrieved February 7, 2015....
CMA's decision. As a result, ICE sold Trayport to TMX Group in October 2017, in exchange for certain TMX Group assets and cash of £350 million. The CMA's...
professional services firm with world-class expertise". GENIVAR Inc. (GNV). TMX Group. 7 June 2012. Archived from the original on 23 July 2013. Retrieved...
Moody—a city that is part of the Metro Vancouver Regional District. After TMX opened in 2024, oil refineries complained about poor oil quality. As of 2017[update]...
de Montréal) which from May 2008 became a fully owned subsidiary of the TMX Group. HSVF parses and broadcasts all of its market data in 4 major Sub categories:...
(BAM) Moroccan Capital Market Authority (AMMC) Ministry of Economy and Finance Brokage Firms Association (APSB) The Deontologic Council for Securities...
by Hong Kong Exchanges and Clearing) Montreal Exchange (MX) (owned by the TMX Group) Mexican Derivatives Exchange (MexDer) Chicago Board Options Exchange...
Metropolitan Chamber of Commerce and Industry, Dhaka and Industries Professor of Finance Department of Dhaka University President of Dhaka Chamber of Commerce &...
sugar JFX Jakarta Futures Exchange Montreal Exchange (MX) (owned by the TMX Group) also known in French as Bourse De Montreal: Interest Rate and Cash...
transactions as a mirror of the economy having its place in the corporate finance. Moreover, the market capitalization represents just 1% of GDP at the end...
carried new risks for the economy and a need for hedging solutions arose. Finance derivatives were introduced as a response to this need and in 1973, the...
Richmond-Adelaide Centre. The main tenants of the building are Ernst & Young, OMERS and TMX Group. In addition to a new public space and renovated entrance through the...
Società e la Borsa (CONSOB), an agency of the Ministry of Economy and Finance, based in Rome. As of April 2018, overall capitalisation for listed companies...
Association Announces Independent Incorporation and Expansion". Yahoo! Finance. May 5, 2021. Archived from the original on September 16, 2021. "MIT-designed...
and Poor TSX Composite Index and offices of the TSX Venture Exchange. The TMX Group, the owners and operators of TSX Exchanges as well as the Montreal...
CONNECT. In 2005, Euronext introduced Alternext as a market segment to help finance small and mid-class companies in the Eurozone. Due to apparent moves by...
on all stock market transactions was imposed. In 2013, the Ministry of Finance announced that the government intended to repeal a 10 percent capital gains...
Global Information
US$ 389.4 million (2010) [3]