November 15, 2024
Amscot Financial, a non-bank financial services company, recently announced it is opening a branch in Jacksonville, Florida. This location will offer cash services, bill payment, money transfers, ATMs, utility payments and more, according to a press release.
The location will offer only one outstanding short-term customer loan at a time and require cooling off periods between loans to comply with Florida's consumer protection guidelines.
"As someone who came to Florida seeking opportunity and built Amscot to help families access the financial services they need, I know the importance of safe, responsible options," Ian MacKechnie, CEO of Amscot, said in the release. "With our new Jacksonville location, we're excited to expand access to carefully regulated, consumer-friendly financial products that help Floridians manage life's unexpected expenses and build a more secure financial future."