Statutes, codes, and regulations
Washington Administrative Code
Title 208 - Financial Institutions, Department of (See also Titles 50, 419, and 460)Chapter 208-630 - Regulation of check cashers and sellers and small loans (payday lenders)
SMALL LOAN REQUIREMENTS (PAYDAY LENDING)
Section 208-630-463 - What is the maximum number of small loans that may be made to a single borrower in any twelve-month period?

Wash. Admin. Code § 208-630-463

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Current through Register Vol. 24-12, June 15, 2024
Section 208-630-463 - What is the maximum number of small loans that may be made to a single borrower in any twelve-month period?

The maximum number of loans that all licensees may make to a single borrower in any twelve-month period is eight loans.

Wash. Admin. Code § 208-630-463

Statutory Authority: RCW 43.320.040, 31.45.200, and 2009 c 510. 09-24-089, § 208-630-463, filed 12/1/09, effective 1/1/10.