MoneyGram is a money transfer service with 36+ locations across New Orleans, enabling customers to send and receive funds online or through physical agent locations.
Editorially reviewed by Harvey Brooks
MoneyGram operates as a global money transfer provider with a significant physical presence in New Orleans, Louisiana. The company maintains partnerships with established retail locations including CVS, Ace Cash Express, convenience stores, and specialty markets to offer accessible money transfer services throughout the city.
MoneyGram's core offering centers on domestic and international money transfer capabilities. Customers can send and receive money through multiple channels—both online platforms and in-person at agent locations. The service emphasizes convenience by allowing customers to search for nearby locations, check operating hours, and access transfers outside traditional banking hours at numerous partner retail establishments.
The company distinguishes itself through its extensive agent network rather than standalone brick-and-mortar branches. By partnering with CVS pharmacies, check-cashing services (Ace Cash Express), grocery stores (Ideal Discount Supermarket, La Morenita Plus), and convenience shops, MoneyGram embeds itself into existing community retail infrastructure. This model provides geographic accessibility across New Orleans neighborhoods with 36 searchable locations. The service operates with extended hours—many locations open until 10 PM to 11:59 PM—accommodating customers outside standard banking windows.
MoneyGram serves a practical function for unbanked and underbanked populations needing reliable money transfer without traditional bank accounts. However, the website content does not disclose fee structures, exchange rates, transfer speeds, or comparative pricing data. The lack of transparent cost information is a notable limitation for consumers evaluating this service against competitors. While the location finder is functional and comprehensive for the New Orleans area, the public-facing website provides minimal detail about actual service terms or customer protections.
Yes. MoneyGram is a registered company headquartered in 500 N Carrollton Ave, New Orleans, LA 70119. They hold a NR rating with the Better Business Bureau.
CreditDoc Diagnosis
MoneyGram is best for unbanked consumers and international money senders who prioritize geographic accessibility and extended operating hours over cost transparency. The primary caveat is the complete absence of published fee schedules and exchange rate information on the public website, requiring customers to contact individual locations directly for pricing details before committing to transfers.
ACE Cash Express offers payday loans, installment loans, title loans, check cashing, prepaid cards, and tax prep for unbanked consumers needing fast cash.
Best for: Unbanked or underbanked consumers with no access to traditional bank accounts or credit cards, People needing same-day or next-day cash for paycheck gaps or emergency expenses under $2,000
ACE Cash Express operates a network of physical locations offering check cashing, money transfers, bill payments, and various loan products including installment and title loans.
Best for: Unbanked or underbanked consumers needing basic financial services like check cashing and bill payments, Consumers with vehicle collateral seeking title loans or installment financing
Advance America offers same-day payday, installment, and title loans up to $1,000 ($25,000 for auto title loans) with quick funding through 2,000+ nationwide locations.
Best for: Consumers with immediate $200–$500 cash needs between paychecks who can repay within 2–4 weeks without financial strain, Borrowers with poor credit who cannot qualify for traditional personal loans or credit cards
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