Payday Lender Associations and Licenses

There are a number of payday lender associations and payday loan licenses that protect you, the consumer. Here is a breakdown of the major payday loan associations and types of licenses that you will want to look for when considering a payday lender. While this list identifies some of the major payday loan associations, it does not identify all of them.


The Community Financial Services Association of America (CFSA) is a national organization that promotes laws and regulations that protect consumers who borrow small dollar, short-term loans. Lenders that are CFSA members abide by responsible industry practices that ensure customers understand the cost and risk of short-term payday loans to faciditate the best financial decisions. Lenders that are CFSA members will display the CFSA logo on their website or in their store window.

Speedy Cash is proud member of the CFSA!


The Online Lender Alliance (OLA) works to protect the online lending industry against potential damage caused by unscrupulous lenders. The mission of the OLA is to promote a diverse and responsible marketplace for access to innovative online financial services through education, communication, collaboration and advocacy with policy makers and opinion leaders. All member companies have agreed to a List of Best Practices and a Code of Conduct that ensure consumers are fully informed and treated fairly. Lenders that are OLA members will typically display the OLA logo on their website.

Speedy Cash is proud member of OLA!

State Licensed

Many states have consumer protection laws that apply to payday loans and regulated lenders. These laws regulate how much you can borrow and the fees you are charged. A lender that is state licensed simply means that – they are licensed to lend in that state and abide by its regulations. These lenders are required to apply, register and remain compliant in all states in which they are licensed. State licensed lenders undergo regular audits to ensure compliance with the state’s regulations.

Before applying for a payday advance, check to see that the payday loan company that you are dealing with is licensed to operate in your state. There are states where payday loans are illegal. State licenses are typically displayed on rates and terms web pages on a lender’s website, or displayed in the store. If you are unsure if a lender is licensed in your state, you can check with your state bank regulator to ensure that you’re borrowing from a legitimate company. Please note that some states do not require a state license, depending on the product that is offered in your state.

Speedy Cash is state licensed in every state that requires a license for the products we offer.

Speedy Cash Payday Loans

Ready to start your payday loan application? Speedy Cash maintains licenses in every state in which we lend and abides by all payday loan best practices to ensure a fair loan experience every time.

Direct Lender

CFSA Member

State Licensed

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In Texas, Speedy Cash operates as a Registered Credit Access Business (CAB). The actual Lender is an unaffiliated third party. In Ohio, SCIL, Inc. dba Speedy Cash, is a registered Ohio Credit Services Organization (CS.900174.000) operating pursuant to the Ohio Credit Services Organization Act. The actual lender is an unaffiliated third party.

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