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    522390 - Other Activities Related to Credit Intermediation

    Navigating the finance and insurance industry requires a clear understanding of the North American Industry Classification System (NAICS) codes. One such crucial code is NAICS 522390 – Other Activities Related to Credit Intermediation. If you’re involved in services like loan servicing, check cashing, or other credit-related activities, this NAICS classification is essential for federal contracting, business classification, and market research. In this blog post, we dive deep into what this code entails, the types of businesses it covers, size standards for eligibility, and why it matters in the financial sector.

    What is NAICS Code 522390?

    NAICS code 522390 covers establishments primarily engaged in providing services related to credit intermediation that are not specifically classified elsewhere. This includes a range of financial services such as:

    • Loan servicing
    • Collection agencies
    • Check cashing services
    • Money order issuance
    • Money transmission services
    • Payday lending
    • Traveler’s check issuance services

    These activities facilitate credit access, manage credit accounts, and support financial transactions outside traditional banking institutions.

    Sector Overview: Finance and Insurance

    NAICS 522390 falls under the broader Finance and Insurance sector, which plays a pivotal role in the economy by managing flows of capital and risk. The sector encompasses a wide variety of financial services including banking, insurance, securities, and credit intermediation. Specifically, NAICS 522390 caters to firms that support and expand credit-related services apart from traditional loan and deposit institutions.

    Typical Business Activities Under NAICS 522390

    Businesses under this classification often engage in specialized financial processes that support credit and payment systems, including:

    • Loan Servicing Companies – Managing and collecting loan payments on behalf of lending institutions.
    • Collection Agencies – Recovering delinquent debts owed to creditors.
    • Credit Bureaus – Compiling and providing credit information on consumers and businesses.
    • Check Cashing Services – Offering customers the ability to cash checks without a bank account.
    • Payday Lending Services – Providing short-term, high-interest loans.
    • Money Transmission Services – Facilitating transfer of funds domestically or internationally.

    Size Standard for NAICS 522390

    For federal contracting and SBA purposes, businesses classified under NAICS 522390 must not exceed a size standard of $28.5 million in average annual receipts to qualify as a small business. This size standard helps determine eligibility for small business certifications, government contract bids, and economic development programs.

    Code Details at a Glance

    Code Detail Description
    Check Cashing Services Cashing checks and negotiable instruments for customers
    Loan Servicing Managing loan accounts and collecting payments
    Money Order Issuance Services Issuing money orders for financial transactions
    Money Transmission Services Transferring money or value for customers
    Payday Lending Services Providing short-term loans often at high interest rates
    Travelers' Check Issuance Services Issuing travelers' checks for secure travel payments

    Examples of Businesses Under NAICS 522390

    • Loan servicing companies like those managing mortgage payments or student loans.
    • Collection agencies recovering unpaid consumer and commercial debts.
    • Credit bureaus that maintain consumer credit histories for lenders.
    • Payday lending storefronts offering rapid credit solutions.
    • Businesses providing check cashing for individuals without bank accounts.
    • Money order and travelers’ check issuing agents.

    These businesses play an integral role in supporting the credit ecosystem and providing financial access to a broad range of customers.


    Frequently Asked Questions (FAQs)

    What does NAICS code 522390 include?

    NAICS 522390 includes establishments focused on various credit intermediation related services such as loan servicing, collection agencies, check cashing, and money transmission services that do not fit into other specific NAICS codes.

    Which sector does NAICS 522390 belong to?

    This code belongs to the Finance and Insurance sector.

    What is the size standard for small business eligibility under NAICS 522390?

    The size standard is $28.5 million in average annual receipts.

    Can a payday lending service be classified under NAICS 522390?

    Yes, payday lending services fall within NAICS 522390 as “Other Activities Related to Credit Intermediation.”

    How can I use NAICS code 522390 for government contracting?

    If your business provides credit intermediation services reflected in the code, you can use this NAICS code when registering for federal contracts, SBA certifications, and bidding processes targeted at businesses in the finance sector.


    Understanding NAICS code 522390 is vital for businesses engaged in credit intermediation activities to classify themselves correctly for regulatory, contracting, and market analysis purposes. By knowing the scope, size standards, and types of services covered, companies can better position themselves in this dynamic sector.


    Keywords: NAICS 522390, Other Activities Related to Credit Intermediation, loan servicing, collection agencies, payday lending, check cashing services, money transmission, Finance and Insurance NAICS codes, SBA size standards, small business finance, credit intermediation services.