Payday Loans and Cash Advance in Washington: Get Offers Online
Payday and installment loans in one short form, offers from licensed lenders, and money sent to your bank account if you are approved.
Estimate uses the maximum fee Washington law allows (up to 15% of the first $500 borrowed plus 10% of any amount over $500 (interest and fees combined)). Some lenders charge less. A typical two-week loan with a $15 per $100 fee has an APR near 400%. Your offer may differ.
Check my offers- Washington lenders must be licensed by the state
- Full cost and APR shown before you sign
- All credit types can apply; lenders may check credit
Payday Loans in Washington, requested online
Washington residents can request $100 to $700 online from any of the 493 Washington cities we cover. You fill in one form, lenders review it, and you see the full cost before you decide.
Washington DFI 2024 Payday Lending Report, 2024: 286,993 loans, average loan $471.29, about $12.60 in fees per $100, 33 licensed locations.
What Washington law says
- Maximum loan amount: $700.
- Fee limit: Up to 15% of the first $500 borrowed plus 10% of any amount over $500 (interest and fees combined).
- Maximum loan term: 45 days.
- Income limit: cannot exceed 30% of gross monthly income (or $700, whichever is lower).
- Renewals: The due date must be on or after the next pay date (or the second pay date if the next is within 7 days). Terms over 45 days only by agreement with no added fee.
- Waiting period: A borrower in default on a small loan cannot get a new one until it is repaid or two years pass.
- Payment plan: Borrower may request a no-fee installment plan any time before default, with 90 to 180 days to repay depending on loan size.
- Loan limits: No more than 8 payday loans from all lenders in any 12 months, enforced through a statewide database lenders must report to.
- Lenders must hold a license from the Washington Department of Financial Institutions (DFI) and disclose fees and APR before you sign.
Good to know
- The maximum payday loan is $700 or 30% of gross monthly income, whichever is lower.
- The fee cap is 15% of the first $500 and 10% of the amount above $500, so a $500 loan costs at most $75.
- A borrower can get no more than 8 payday loans from all lenders in any 12 months.
- Before default, a borrower can ask for a free installment plan of 90 to 180 days.
- In 2024 the average payday loan was $471, with an average fee of $59.37 and an average initial term of 41.5 days.
- Only one postdated check may be accepted as security per loan.
- In 2024, 13% of borrowers reached the 8-loan yearly limit.
Why request online
Installment loans in Washington
Need more than $700 or more time to repay? Washington also allows consumer installment loans from licensed lenders, repaid in fixed monthly payments. Licensed lenders may charge up to 25% a year, calculated by the simple interest method (add-on allowed only up to 3 years on loans not secured by property).
- A payday loan fits a small, one-off gap you can repay in full on your next payday.
- An installment loan fits a larger amount or a budget that needs smaller monthly payments; check the total interest before you sign.
- Installment lenders need a license: Consumer Loan Company license, Washington Department of Financial Institutions.
Illustration only. Your lender must disclose the APR, payment schedule and total cost before you sign.
How it works
Payday Loan Rules in Washington
| Maximum amount | Up to $700 or 30% of gross monthly income, whichever is lower |
|---|---|
| Loan term | Up to 45 days |
| Rate / fee rule | Fee ≤15% first $500 + 10% above $500 |
| Regulatory basis | RCW Ch. 31.45 |
Key Rules
- Max 8 payday loans in any 12 months
- statewide database
- installment-plan rights if borrower cannot repay on due date
Regulatory reference: the statutes listed in this table and the state regulator. · NCSL 50-state payday lending summary State rules can change; confirm current terms before borrowing.
Largest Washington cities
Questions people ask
Can I get a loan in Washington with bad credit?
Yes, you can apply with any credit history. Lenders look at your income and banking history, not only your credit score, but they may still check your credit and approval is not guaranteed. Compare the APR and total cost before you accept.
Are payday loans legal in Washington?
Yes. Lenders are licensed by the Washington Department of Financial Institutions (DFI) under RCW 31.45 (Check Cashers and Sellers Act), esp. RCW 31.45.073.
What is the maximum payday loan in Washington?
$700. The lender decides your amount based on income.
How much does a payday loan cost in Washington?
Fee limit in Washington: up to 15% of the first $500 borrowed plus 10% of any amount over $500 (interest and fees combined). At $15 per $100, a $300 two-week loan costs $45, about 391% APR.
Where can I complain about a lender in Washington?
Contact the Washington Department of Financial Institutions (DFI) at 360-902-8700 or the CFPB at consumerfinance.gov/complaint.
It takes a few minutes and costs nothing to ask. You decide after you see the full cost.
Check my offersWe pass your request to participating lenders. A request does not guarantee an offer; approval, amount and funding time depend on the provider.
Resources
Payday loans near me in Washington: find your city
A B C D E F G H I J K L M N O P Q R S T U V W Y Z
A (20)
B (34)
C (51)
D (13)
E (22)
F (13)
G (20)
H (14)
J (1)
K (14)
L (33)
M (47)
N (16)
O (21)
P (27)
R (28)
S (47)
T (19)
W (27)
Z (1)