exv10w48



 






Exhibit 10.48




FIRST BANK OF DELAWARE

1000 Rocky Run Parkway

Wilmington, Delaware 19803-1455




June 14, 2005




Dollar Financial Group, Inc.

1436 Lancaster Avenue — Suite 310

Berwyn, Pennsylvania 19312-1288



               Re: Amendment of Marketing and Servicing Agreement




     Reference is made hereby to the Marketing and Servicing Agreement between us dated October 18,
2002 (the “Agreement”). As used herein, unless the context otherwise requires, all capitalized
terms have the meanings ascribed to them in the Agreement.



     Exhibit “A” and any amendments thereto is hereby replaced in its entirety with the attached
new Exhibit “A.”



     Section 4(h) of the Agreement is amended by deleting “$[**]” in each place where it occurs and
inserting “$[**] in lieu thereof. Commencing six months from the date of this letter, Lender will
semiannually reevaluate the amount of the [**] required under Section 4(h) and adjust it based on
Loans outstanding and services provided by Servicer.



     Servicer will purchase all borrower forbearance agreements entered into by Lender on the
business day after the date of each respective forbearance agreement at [**] without [**]. The
purchase price of such agreements will be paid by Servicer to Lender through the daily settlement
process.



     Dollar and its affiliates may issue a press release with respect hereto and may disclose this
Amendment to the extent required by the Securities Exchange Act of 1934.



     Except as amended hereby, the Agreement is unmodified and shall remain in full force and
effect.



	 	 	 	 	 
	 	Very truly yours,



FIRST BANK OF DELAWARE

 	 
	 	By:  	/s/  Alonzo Primus
 	 
	 	 	Alonzo Primus 	 
	 	 	Executive Vice President 	 
	 



Accepted and agreed to this 14th day of

June, 2005:




	 	 	 	 	 	 
	DOLLAR FINANCIAL GROUP, INC.

 	 
	By:  	/s/ D.F. Gayhardt
 	 
	 	Donald F. Gayhardt 	 
	 	President 	 
	 



** Confidential material which has been omitted and filed separately with the Securities and Exchange Commission.




 









 







Exhibit “A”




(As Revised June 14, 2005)




Pricing




Finance Charge to Borrowers





     BANK intends to charge each Borrower a Finance Charge equal to the following dollar
amounts per $100 of principal advanced, based on the residence of the Borrower:



     (a) $[**] in the State of Pennsylvania



     (b) $[**] in the State of Texas



     (c) $[**] for loans made by facsimile and not at DOLLAR stores
(“National”)



Fees




     The Fees shall be, in respect of each $100 of principal advanced:



     (a) $[**] in the State of Pennsylvania



     (b) $[**] in the State of Texas



     (c) $[**] National



Deductions




     (a) $[**] for each loan approved and funded by the BANK




	 	 (b)	 	[**]% of the cost of services provided by Tele-Track, Inc. in
respect of Loans, and such cost will be included as a line item on
each Invoice





Target Loss Rate




     The Target Loss Rate is:



     (a) [**]% or less in the State of Pennsylvania



     (b) [**]% in the State of Texas



     (c) [**]% National



     (Reference in this exhibit to particular states shall not be deemed to constitute an
acknowledgement by BANK that the conditions set forth in the Agreement to the conduct by
DOLLAR of marketing and servicing activities in such state have been satisfied.)


** Confidential material which has been omitted and filed separately with the Securities and Exchange Commission.