Check always Cashers and Payday Lenders Examinations.Manager’s Questionnaire

December 16, 2020

Examination information, faqs, and resources for Washington Check Cashers and Payday Lenders.

The Manager’s Questionnaire is provided for the licensee just before a routine assessment. The Manager’s Questionnaire will likely be finished because of the licensee and gone back towards the Department ahead of the assessment.

Typical Examination Findings

Failure to post needed disclosures in lobby See: WAC 208-630-580

Failure to recognize army borrowers at period of application See: WAC 208-630-470

Failure to upgrade apps with every deal See: WAC 208-630-480

Failure to present transaction that is adequate See: WAC 208-630-505

Failure to own A aml that is adequate program needed See: WAC 208-630-721

Failure to own notification that is adequate of taken kind See: Regulation B ECOA

Failure to possess A truth that is adequate in contract See: Regulation Z TILA

Examination FAQs

Responses to typical questions regarding examinations carried out by DFI.