DOLLAR FINANCIAL GROUP INC
8-K, 1997-06-03
FUNCTIONS RELATED TO DEPOSITORY BANKING, NEC
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                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549

                               -------------------

                                    FORM 8-K
                                 CURRENT REPORT
                     Pursuant to Section 13 or 15(d) of the
                         Securities Exchange Act of 1934

                              --------------------

                                  MAY 28, 1997
                        (DATE OF EARLIEST EVENT REPORTED)


                          DOLLAR FINANCIAL GROUP, INC.
             (Exact name of registrant as specified in its charter)


          NEW YORK                    333-18221                  13-2997911
(State or other jurisdiction         (Commission               (IRS Employer
     of incorporation)               File Number)            Identification No.)



                        1436 LANCASTER AVENUE, SUITE 210
                         BERWYN, PENNSYLVANIA 19312-1288
                    (Address of Principal Executive Offices)


                                  610-296-3400
              (Registrant's Telephone Number, Including Area Code)



<PAGE>

  ITEM 5:      OTHER EVENTS

                   On May 28, 1997, Dollar Financial Group, Inc. (the "Company")
               announced the resignation of Donald F. Gayhardt as Executive
               Vice-President, Chief Financial Officer and Director of the
               Company and its parent company, DFG Holdings, Inc. The Company
               hereby incorporates by reference the information set forth in its
               News Release dated May 28, 1997, a copy of which is annexed
               hereto as Exhibit 99.1.

  ITEM 7:      EXHIBITS

               (C)   EXHIBITS

               99.1  Dollar Financial Group, Inc. News Release dated May 28,
                     1997, announcing the resignation of Donald F. Gayhardt, the
                     Company's Executive Vice-President and Chief Financial
                     Officer.



<PAGE>
                                   SIGNATURES

     Pursuant to the requirements of the Securities and Exchange Act of 1934, as
amended, the registrant has duly caused this Current Report on Form 8-K to be
signed on its behalf by the undersigned hereunto duly authorized.


                                               DOLLAR FINANCIAL GROUP, INC.


Dated:   June 3, 1997                          By: /s/ Jeffrey A. Weiss
                                                   -------------------------
                                                   J. A. Weiss, Chairman and
                                                   Chief Executive Officer


<PAGE>
                                  Exhibit Index
                                  -------------

Exhibit
Number            Description
- -------           -----------

99.1              Dollar Financial Group, Inc. News Release dated May 28, 1997.




                                  EXHIBIT 99.1



                                             NEWS RELEASE

                                   Contact:  Jeffrey A. Weiss
                                             President and CEO
                                             Dollar Financial Group, Inc.
                                             (610) 296-3400 x124

                                             Donald F. Gayhardt
                                             Executive Vice President and Chief
                                             Financial Officer
                                             Dollar Financial Group, Inc.
                                             (610) 296-3400 x125
FOR IMMEDIATE RELEASE
- ---------------------


                 DOLLAR FINANCIAL GROUP ANNOUNCES RESIGNATION OF
                   DONALD GAYHARDT AS EXECUTIVE VICE PRESIDENT


BERWYN, PA / May 28, 1997 - Dollar Financial Group, Inc. today announced the

resignation of Donald Gayhardt as Executive Vice President and Chief Financial

Officer of Dollar Financial Group, Inc. and its parent company, DFG Holdings,

Inc. The resignation will be effective June 30. The company said that Mr.

Gayhardt is leaving to pursue other business interests but will remain for a

period of time as a consultant to the company. Jeff Weiss, Dollar's CEO

commented, "Don has been a big part of the rapid growth that we've enjoyed over

the past five years. We wish him well in his new endeavors." A search for a new

CFO is underway, the company said. Dollar Financial Group, Inc. is a consumer

financial services company operating the second largest check cashing store

network in the United States and the largest such network in Canada. The Company

provides a diverse range of consumer financial products and services primarily

consisting of check cashing, money orders, money transfers, consumer loans, bill

payment and distribution of public assistance benefits.



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