Check Casher/Seller and Payday Lender Industry Update

License Types	As of January 2019	As of January 2018
Check Casher - Main Office	104	105
Check Casher Branch Office	264	266
Check Seller Main Office	1	1
Payday - Main Office	23	23
Payday - Branch Office	53	57

Annual Assessment Reminder - April 15 Deadline

The arrival of a new year often means the filing of quarterly or yearly reports. Licensees should remember the Annual Report and Assessment is due by April 15 each year. The 2018 Annual Report and Assessment form is typically available by the end of February. You must also provide year-end financial statements, including both a balance sheet and income statement prepared in accordance with Generally Accepted Accounting Principles (GAAP).

Please review WAC 208-630-830 for more information on the annual reporting requirement.

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Additional and Amended FAQs for Payday Lenders

The Department added new FAQs and amended existing FAQs for licensees making small loans under the Check Casher and Sellers Act, chapter 31.45 RCW.

View the FAQs page.

Contact Cindy Fazio, Chief of Regulatory Affairs, with any questions at Lucinda.fazio@dfi.wa.gov

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