You Oughta Know

Check out financial firms’ licensing status online

Each Monday, The Eagle highlights a government record that is available to the public. Open records help people keep government in check and help them better understand how government affects their lives.

For a complete list of You Oughta Know columns, go to www.kansas.com/oughta.

The record: License information for industries regulated by the Office of the State Bank Commissioner in Kansas.

Why you’d want it: To ensure a company with whom you may want to do business is licensed and in good standing in Kansas. Examples of industries regulated by the bank commissioner’s office include state-chartered banks, mortgage lenders, payday loan lenders, title loan companies, auto dealers that extend credit, credit counseling agencies and debt management agencies.

Where you get it: Go the the bank commissioner’s website, www.osbckansas.org. Click on the “OSBC Online” link on the right-hand side at the top of the homepage. Agree to the conditions and then search by company. Or you can leave the company name blank and search for, say, all mortgage lenders. Payday loan lenders are listed as “supervised loan licensees” in the database.

How much it costs: The information is free.

Deb Gruver

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