Check Casher/Seller and Payday Lender Industry Update
Licensing Updates
License Types | As of May 2021 | As of May 2020 |
Check Casher - Main Office | 87 | 96 |
Check Casher Branch Office | 240 | 255 |
Check Seller - Main Office | 0 | 0 |
Payday - Main Office | 17 | 20 |
Payday - Branch Office | 39 | 49 |
Check Casher Annual Assessments
A word of thanks to the Check Casher and Small Loan Endorsement licensees who completed the annual assessment process on or ahead of the April 15 filing deadline.
This was the second year of the online assessment filing system. As of the filing deadline, 94% of licensees filed the required report on time. Licensees who failed to file received suspension notices and are encouraged to file as soon as possible.