The consumer credit section of the Missouri Division of Finance is responsible for licensing and regulating various types of consumer finance companies to assure compliance with numerous state and federal laws. As of July 2015, there were approximately 2,900 such companies licensed by the Division of Finance. In addition, the section examines Missouri state-chartered banks, savings and loan companies, and savings banks for compliance. The section also handles complaints and inquiries concerning entities that must comply with consumer protection laws.

The companies licensed and examined by this section include retail credit institutions, motor vehicle time sales creditors, consumer credit lenders, consumer installment lenders, lenders of $500 or less (commonly called "payday lenders"), title loan lenders and premium finance companies. Credit service organizations (commonly termed "credit repair companies") and sale of checks companies (which include sale of money orders, money transmitting, value cards and bill payment) are also licensed by the consumer credit section.

The Consumer Credit Section also publishes reports on payday lending and discriminatory lending ("redlining"), available from our Publications & Reports page.