Washington Cash Advance Law and Legislation. Payday financing is appropriate in Washington.
The maximum pay day loan quantity must not surpass $700 or 30percent associated with gross month-to-month earnings into the state of Washington. The utmost loan term is 45 times. Average APR for the $300 advance loan is 391%*. Finance costs for loans smaller when compared with $500 should never rise above %15, for loans larger than $500 ??вЂњ 10percent.
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