How Does A Washington Payday Loan Work?

Just complete the online form. In minutes you'll be approved. The money is deposited into your bank account the same day, sometimes within just a few hours. The money you borrowed is then automatically debited from your account your following payday.

WA Payday Loan Terms:

  • Maximum Loan Amount: $700
  • Loan Term: Max: 45 days
  • Maximum Finance Rate and Fees: 15%: first $500; 10%: remaining portion of the loan in excess of $500 up to the $700 maximum
  • Finance Charge for 14-day $100 loan: $15
  • APR for 14-day $100 loan: 390%

WA Cash Advance Debt Limits:

  • Maximum Number of Outstanding Loans at One Time: A company cannot hold a check or checks in an aggregate face amount of more than $700 plus allowable fees from any one borrower at any one time.
  • Rollovers Permitted: None (cannot repay loan with proceeds of another)
  • Cooling-off Period:
  • Repayment Plan: A company and a borrower may voluntarily enter a payment plan at any time. A borrower, however, has a right to convert a small loan to a statutory payment plan after four successive loans and prior to default on the last loan.

WA Payday Loan Collection Limits:

Collection Fees: $25 NSF fee (one time per instrument); collection costs (excluding attorney's fees, interest and damages)

Criminal Action: Prohibited

Get A Washington Cash Advance

A cash advance can solve temporary cash-flow problems without bouncing a check with another merchant or incurring late payment penalties from other creditors. Cash advances help cover unexpected expenses that come up between cash.

Sometimes you find yourself in a situation where you’re a little short on cash and you need money before your next paycheck. It doesn’t matter what the reason is. When you need money fast, the easiest way to get cash quickly is a cash advance. Bad credit is not a problem and you can get approved for a cash advance in minutes. A cash advance or cash advance is a small, unsecured short-term advance ranging from $100 to $1500. A cash advance is typically used as a cash advance until your next cash.

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