WASHINGTON CASH LOANS
In Washington there are many cash advance loan options to help solve those financial emergencies that could pop up between paychecks. You could drive to a cash advance store in your area, or apply for a loan at a bank. A fast and secure way to get the emergency cash you need is to go to CashLoan.org; your emergency cash can be in your account in an hour or less.
CashLoan.org understands that emergencies happen. Whether it is a medical emergency, a car repair, a surprise party that requires a gift from you, or an unexpected school expense, a cash advance loan may be just the thing you need to take care of the situation. A cash advance is a short-term loan meant to keep you afloat between paychecks and, as such, usually is paid back within a couple of weeks. The application process is fast and easy with approval time 90 seconds or less.
A cash advance can be just what you need to pay for whatever unexpected expense finds its way into your life. There’s no need to struggle until your next paycheck. Residents in most states can enjoy this great service. Simply APPLY NOW online or contact us today!
State Law
Washington state law requires cash advance lenders to be licensed. Payday loans must be accompanied by a written contract that specifically outlines all of the charges and fees. Loans that exceed $700 are prohibited. While civil action is allowed, payday advance lenders may not pursue criminal action against a borrower.
Maximum Loan
$700 is the maximum payday advance loan, excluding fees, allowed by law.
Loan Terms
Loan terms vary- they can be anywhere from 31 to 45 days.
Rollovers
Washington law does not permit extensions or rollovers.
Fee Limits
Finance fees cannot exceed 15% of the first $500 borrowed and 10% of the remaining balance. The lender may also charge a one-time non-sufficient fund fee of $25 in addition to any collection costs.
Washington state law requires cash advance lenders to be licensed. Payday loans must be accompanied by a written contract that specifically outlines all of the charges and fees. Loans that exceed $700 are prohibited. While civil action is allowed, payday advance lenders may not pursue criminal action against a borrower.
Maximum Loan
$700 is the maximum payday advance loan, excluding fees, allowed by law.
Loan Terms
Loan terms vary- they can be anywhere from 31 to 45 days.
Rollovers
Washington law does not permit extensions or rollovers.
Fee Limits
Finance fees cannot exceed 15% of the first $500 borrowed and 10% of the remaining balance. The lender may also charge a one-time non-sufficient fund fee of $25 in addition to any collection costs.
Washington Cash Loan Debate
If you feel a payday lender is operating unfairly or engaging in illegal collection practices, you can contact your Washington Attorney General:
Office of the Attorney General
1125 Washington St SE
PO BOX 40100
Olympia, WA 98504
