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There are xx employees 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 68,888 people employed in the Check Cashing & Payday Loan Services in the US as of 2025.
The number of people employed in the Check Cashing & Payday Loan Services in the US declined -2.9% 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 industry employment is expected to grow or decline over the next five years.
The average Check Cashing & Payday Loan Services in the US business is 27.2 employees.
The average business in the Check Cashing & Payday Loan Services in the US now employs less workers than it did five years ago.
The revenue per employee for the average business in the Check Cashing & Payday Loan Services in the US has increased in the last five years.