Check always Cashers and Payday Lenders Examinations.Manager’s Questionnaire
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 is supposed to be finished by the licensee and gone back to your Department before the assessment.
Typical Examination Findings
Failure to publish needed disclosures in lobby See: WAC 208-630-580
Failure to recognize borrowers that are military period of application See: WAC 208-630-470
Failure to update apps with every transaction See: WAC 208-630-480
Failure to give sufficient deal receipts See: WAC 208-630-505
Failure to possess A aml that is adequate program needed See: WAC 208-630-721
Failure to own sufficient notification of action taken type See: Regulation B ECOA
Failure to own a sufficient truth in financing agreement See: Regulation Z TILA
Examination FAQs
Responses to typical questions regarding exams carried out by DFI. Continue reading “Check always Cashers and Payday Lenders Examinations.Manager’s Questionnaire”
