In an effort to streamline filing the 2012 Consumer Loan Annual Assessment Reports, DFI launched an online assessment filing system. This system allows companies to file the Annual Assessment Report (AAR) and the Consolidated Annual Report (CAR) as well as make payment via E-Check, Visa or MasterCard.
With the implementation of this new filing system, DFI extended the due date for the 2012 Consumer Loan Annual Assessment Reports to April 1; all future year’s filings of the Consumer Loan Annual Assessment Reports will be March 1.
Companies will be required to report all Washington loan activity during 2012 in an Excel pre-formatted Loan List Workbook provided by DFI. The workbook contains numerous worksheets which detail the data to be reported.
See: Annual Assessment Required Data (pdf).
No. The online assessment filing system requires that companies use the DFI provided Loan List Workbook to report loan data and avoid errors or delay in completing the assessment filing.
Yes. DFI requires all Consumer Loan licensees to file their annual assessment reports and make payment through its online assessment filing system. DFI will not accept filings in paper nor physical checks.
In order to avoid late fees and penalties, all assessment payments must be filed by close of business (5pm Pacific Standard Time) on April 1. This means you must have uploaded your company’s Loan List Workbook, attested to the accuracy of the reports and made your electronic payment by that deadline. We suggest you begin the process a few days early to avoid any problems.
Yes, you will be more successful if you:
* Any of these actions could cause the system to reject your workbook or populate incorrect information.
Contact Amanda Harvey at firstname.lastname@example.org.