31.45.082 – Delinquent small loan—Restrictions on collection by licensee or third party—Definitions.
RCW 31.45.082 Delinquent small loan—Restrictions on collection by licensee or third party—Definitions. (1) A licensee shall comply with all applicable state and federal laws when collecting a delinquent small loan. A licensee may charge a one-time fee as determined in rule by the director to any borrower in default on any loan or loans where […]
31.45.084 – Small loan installment plan—Terms—Restrictions.
RCW 31.45.084 Small loan installment plan—Terms—Restrictions. (1) If a borrower notifies a licensee that the borrower will be or is unable to repay a loan when it is due, the licensee must inform the borrower that the borrower may convert their small loan to an installment plan. The licensee must convert the small loan to […]
31.45.040 – Application for license or small loan endorsement—Financial responsibility—Director’s investigation.
RCW 31.45.040 Application for license or small loan endorsement—Financial responsibility—Director’s investigation. (1) The director shall conduct an investigation of every applicant to determine the financial responsibility, experience, character, and general fitness of the applicant. The director shall issue the applicant a license to engage in the business of cashing or selling checks, or both, or […]
31.45.043 – Multistate licensing system—Director’s discretion.
RCW 31.45.043 Multistate licensing system—Director’s discretion. Applicants may be required to make application through a multistate licensing system as prescribed by the director. Existing licensees may be required to transition onto a multistate licensing system as prescribed by the director. [ 2012 c 17 § 8.]
31.45.045 – Reports—Nationwide licensing system.
RCW 31.45.045 Reports—Nationwide licensing system. Each licensee on a nationwide licensing system shall submit reports of condition which must be in the form and must contain the information as the director may require. [ 2014 c 36 § 9.]
31.45.050 – Investigation or examination fee and annual assessment fee required—Amounts determined by rule—Failure to pay—Notice requirements of licensee.
RCW 31.45.050 Investigation or examination fee and annual assessment fee required—Amounts determined by rule—Failure to pay—Notice requirements of licensee. (1) Each applicant and licensee shall pay to the director an investigation or examination fee as established in rule and an annual assessment fee for the coming year in an amount determined by rule as necessary […]
31.45.060 – Licensee—Schedule of fee and charges—Recordkeeping.
RCW 31.45.060 Licensee—Schedule of fee and charges—Recordkeeping. (1) A schedule of the fees and the charges for the cashing and selling of checks, drafts, money orders, or other commercial paper serving the same purpose shall be conspicuously and continuously posted in every location licensed under this chapter. The licensee shall provide to its customer a […]
31.45.070 – Licensee—Permissible transactions—Restrictions.
RCW 31.45.070 Licensee—Permissible transactions—Restrictions. (1) No licensee may engage in a loan business; the negotiation of loans; or the discounting of notes, bills of exchange, checks, or other evidences of debt in the same premises where a check cashing or selling business is conducted, unless the licensee: (a) Is conducting the activities of pawnbroker as […]
31.45.073 – Making small loans—Endorsement required—Due date—Termination date—Maximum amount—Installment plans—Interest—Fees—Postdated check or draft as security.
RCW 31.45.073 Making small loans—Endorsement required—Due date—Termination date—Maximum amount—Installment plans—Interest—Fees—Postdated check or draft as security. (1) No licensee may engage in the business of making small loans without first obtaining a small loan endorsement to its license from the director in accordance with this chapter. An endorsement will be required for each location where a […]
31.45.077 – Small loan endorsement—Application—Form—Information—Exemption from disclosure—Fees.
RCW 31.45.077 Small loan endorsement—Application—Form—Information—Exemption from disclosure—Fees. (1) Each application for a small loan endorsement to a check casher or check seller license must be in writing and in a form prescribed by the director and shall contain the following information: (a) The legal name, residence, and business address of the applicant, and if the […]