✓ Legal & RegulatedReviewed: Aug 2025
WashingtonLoan Laws & Regulations
Official regulatory reference for borrowers and lenders in Washington. Includes permitted loan types, APR caps, lender licensing requirements, borrower rights, and government source links.
Max Loan
$700
Typical APR
391% APR
Max Term
45 days
Legal Status
Legal & Regulated
Washington Lending Regulator
The Washington State DFI oversees consumer lending in Washington, including licensing, enforcement, and consumer complaint resolution. Before borrowing from any lender, verify their license using the official regulator lookup tool linked above.
Regulatory Details
Detailed regulatory data for Washington is sourced directly from the Washington State DFI. For the most current requirements, visit: https://dfi.wa.gov/
Current Overview
Washington State limits payday loans to $700 or 30% of your gross monthly income, whichever is less.
Legal Status: Legal & Regulated · APR Range: 391% APR · Max Amount: $700
Washington Lending FAQ
Are payday loans legal in Washington?▼
Yes. Payday loans are legal and regulated in Washington under the oversight of the Washington State DFI. Current APR range: 391% APR. Maximum loan: $700.
What is the maximum payday loan I can get in Washington?▼
The maximum short-term loan amount in Washington is $700. A $500 loan for 14 days in WA costs $75 in fees. Representative APR: 391%.
Who regulates payday lenders in Washington?▼
The Washington State DFI is the primary state regulator. You can verify any lender's license at https://dfi.wa.gov/. Unlicensed lenders operating in Washington are illegal — always verify before borrowing.
What are the alternatives to payday loans in Washington?▼
Consider credit union PAL (Payday Alternative Loan) programs, licensed personal loan lenders, or non-profit credit counseling services in Washington.