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There are xx businesses in the Check Cashing & Payday Loan Services industry in the US, which is expected to decline at xx% over the next five years. This industry cashes checks, drafts or money orders for the general public. Companies in this industry may also offer payday loans, installment loans and other financial services. Banks and companies that operate exclusively online are excluded.
Curious about what drives these trends? IBISWorld's Check Cashing & Payday Loan Services in the US industry coverage has got you covered.
Total value (#) and annual change from 2012 – 2030.
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| Industry | Sector | Last 5-yr CAGR | Forecast 5-year CAGR | Revenue |
|---|---|---|---|---|
| Loan Administration, Check Cashing & Other Services in the US |
|
XX% | XX% | $XX |
| Real Estate Loans & Collateralized Debt in the US |
|
XX% | XX% | $XX |
| Loan Brokers in the US |
|
XX% | XX% | $XX |
| Credit Card Processing & Money Transferring in the US |
|
XX% | XX% | $XX |
| Loan Administration, Cheque Cashing & Other Services in Canada |
|
XX% | XX% | $XX |
When the stakes are high, you need intelligence that cuts through the noise—wherever you work.
There is 2,534 Check Cashing & Payday Loan Services in the US businesses as of 2025, an decrease of -3.6% from 2024.
The number of Check Cashing & Payday Loan Services in the US businesses has declined -3.4% per year on average over the five years between 2020 and 2025.
See our full analysis of the Check Cashing & Payday Loan Services in the US to understand if the mumber of bussinesses is expected to grow or decline over the next five years.
The Check Cashing & Payday Loan Services in the US has low market share concentration and the largest business is AARC LLC.