Washington State Department of Financial Institutions

Consumer Alert:
One Click Cash

Also doing business as:

Unlicensed Payday Loans

January 06, 2012

The Washington State Department of Financial Institutions (DFI) warns consumers to verify that any lender with which they consider doing business holds a Washington State license for providing payday loan services. Consumers are urged to verify licensing status prior to giving the lender nonpublic personal information, such as social security number and checking account access.

DFI received complaints from consumers relating to transactions entered into with OneClickCash.com a/k/a SFS Inc (OneClickCash). The consumers alleged that this entity provided payday loans with fees in excess of Washington State statute limitations.

OneClickCash is not licensed by DFI and is not registered to do business in Washington with either the Department of Revenue or the Washington Secretary of State. Further, OneClickCash claims sovereign immunity as a subdivision of the Miami Nation Services Enterprises Tribe.

This entity has a mailing address of: P.O. Box 1326, Miami, OK 74355.

Verify Licenses

DFI strongly recommends that consumers deal only with those lenders that are properly licensed to conduct business. Consumers can determine whether lenders are properly licensed using the "Verify a License" feature on the DFI’s website at www.dfi.wa.gov/consumers/findcompany.htm.

Payday Loan Collection Laws

Washington State law prohibits threatening or harassing behavior by individuals attempting to collect a debt. The federal Fair Debt Collection Practices Act states that debt collectors must send consumers a written notice within five days of the first collection phone call, stating the amount of the debt and what it relates to. Debt collectors cannot state or imply that failure to pay a debt is a crime. They cannot call before 8:00 a.m. or after 9:00 p.m. They cannot harass or abuse consumers, or contact consumers' places of employment.

Report Fraud

If you are suspicious of unlicensed activity by a payday lender please contact the Department at 1-877-RING-DFI (746-4334), or online at www.dfi.wa.gov.

If you feel you have been the victim of a loan scam please contact the Federal Trade Commission at 1-877-FTC-HELP (382-4357), or online at www.ftc.gov.

If you feel you have been the victim of a loan scam involving the Internet please contact the Internet Crime Complaint Center online at www.ic3.gov.

<< Back to Consumer Alerts

DFI