Check Cashers & Sellers (Payday Lenders)
Check Cashers and Sellers doing business in Washington State must be licensed with DFI's Division of Consumer Services.
Call Center Hours
Our call center hours are Monday - Friday 11:00 AM to 5:00 PM (Pacific Standard Time). Call us at (877) RING DFI (746-4334). Or email us at dcs@dfi.wa.gov.
Quick Links for Check Cashers & Sellers
What's New
-
Fall 2011 Newsletter
DFI's Division of Consumer Services' Fall 2011 newsletter is now available. -
2010 Payday Lending Report
The 2010 Payday Lending Report is now available. DFI created this report as an educational tool for policy makers and other interested parties. The statistics presented in this report represent data reported to DFI from all payday lending licensees for calendar year 2010. - Annual Report And Assessment
The Annual Assessment Report (AAR), Consolidated Annual Report (CAR), and assessment fees must be completed and filed with DFI by close of business Thursday, April 15, 2011.- Report Available In 3 Formats:
Fillable Annual Report and Assessment (PDF)*
Print Only Annual Report and Assessment (PDF)*
Fillable Annual Report and Assessment (Word)**
- Report Available In 3 Formats:
- Payday Loan Company Closure Requirements
DFI has developed a Web page containing the closure requirements and process for when a payday loan company decides to cease business. - Consumer Loan Act Emergency Rulemaking (WAC 208-620-515) Rule Effective 12/22/09
DFI has filed an emergency rulemaking of WAC 208-620-515. Some licensees formerly operating under chapter 31.45 (the payday lending law) have begun offering products under the Consumer Loan Act that mirror small loans, but with unconscionable terms that fail to provide the protections of the payday lending law. - 2010 Law Changes FAQs
Answers to frequently asked questions about the changes to the Washington Check Cashers and Sellers Act effective January 1, 2010. - Final Payday Loan Brochure
Lenders must provide to borrowers during 2010 pursuant to rule 208-630-601.- English Brochure: Word Version** or PDF Version*
- Spanish Brochure: Word Version** or PDF Version*
Laws & Rules
- Check Cashers and Sellers Laws - (RCW 31.45)
- Check Cashers and Sellers Rules - (WAC 208-630)
Newsletters
Resources
- Payday Loan Notice (PDF)*
This notice is pursuant to WAC 208-630-560 -
Washington Small Loan Transaction System (Database)
The Washington Small Loan Database. -
English Payday Loan Brochure for Customers
Word Version** or PDF Version* -
Spanish Payday Loan Brochure for Customers
Word Version** or PDF Version* - Check Cashers and Sellers Interpretive Letters
- DFI's Letter About Changes to RCW 31.45 Resulting from Senate Bill 5415 (PDF)*
-
Complying With The Red Flags Rule
A "How to Guide for Business" on the rules from the FTC.
Payday Lending Reports
- 2010 Payday Lending Report (PDF)*
- 2009 Payday Lending Report (PDF)*
- 2008 Payday Lending Report (PDF)*
- 2007 Payday Lending Report (PDF)*
- 2006 Payday Lending Report (PDF)*
- 2005 Payday Lending Report (PDF)*
- 2004 Payday Lending Report (PDF)*
- 2003 Payday Lending Report (PDF)*
Contact Us
If you have any questions about Check Cashers and Sellers, feel free to contact us by phone at 360-902-8703 or toll free at 1-877 RING DFI (746-4334). You may also email us at dcs@dfi.wa.gov.
* This document is a PDF file, and you will need Adobe Acrobat Reader to view it. If you don't already have Acrobat Reader installed on your computer, you may download it for free from Adobe.
** This document is a Microsoft Word file, and you will need Microsoft Word to view it.
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