New CEO for Cash Doctors - Australia`s Leading Payday Loan Company

Released on: January 24, 2008, 9:17 pm

Press Release Author: Cash Doctors

Industry: Financial

Press Release Summary: As the Head of Corporate Development at MEM Consumer Finance
Ltd., the parent company of the UK's leading payday loan providers, Nick Auchincloss
radically increased the growth and profitability of the business. Now, taking on the
recently appointed role of CEO, he is set to do the same with Cash Doctors.

Press Release Body: Payday loans, while a new offering to the Australian market,
have been around in the U.S and U.K. for some time and it is from the UK that new
CEO, Nick Auchincloss joins the Cash Doctors team.

Nick has significant experience in the online quick cash market, having consulted to
the UK's leading online payday loan company in its infancy before taking a full time
role as Head of Corporate Development for 2 years, overseeing new loan offerings and
developing the new loan approval system.

Cash Doctors' new CEO said of his new appointment, "It's great to be at the
forefront of a new emerging loan market in Australia. I had observed the growth of
Cash Doctors and their fast and efficient process from afar so I'm really excited to
be here, helping customers cure their immediate cash needs with an instant online
payday loan.

We're quick at approving the loans; fast at putting the cash in the customers'
accounts - payment within one hour is unrivalled by other payday loan companies; and
keen to make the payday loan process an easy one."

One of the things that initially impressed Nick about Cash Doctors was the fair,
transparent and convenient approach to payday lending. Nick said, "I really believe
in payday lending as an important tool in the customer's credit tool box.

They're there to meet short-term cash needs, however by being paid back on the
customer's payday, they don't hang around long after you've spent the money! Payday
loans help you meet that sudden, unexpected cash need - and within an hour, it
really is instant cash relief from the Cash Doctor".

Cash Doctors founder, Greg Ellis said of the appointment, "We always knew that the
opportunity for growth in the short term cash loan market would be immense. Bringing
someone with Nick's experience across from the UK can only help Cash Doctors keep
its rightful place at the head of Australian online payday lending industry".

With significant growth plans, continual new recruitment and greater efficiencies in
providing quick cash to customers when they need it, Cash Doctors really are the
leading online payday loan company in Australia.




Web Site: http://www.cashdoctors.com.au

Contact Details: Cash Doctors
www.cashdoctors.com.au

PH: 07 5591 2850
F: 07 5591 7616
Media Contact: glean@cashdoctors.com.au

PO Box 3592
Australia Fair 4215
Queensland
Australia

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