Wash. Rev. Code Ann. 31.45.010 et seq.
Maximum Loan Amount: $700 or 30% of gross monthly income, whichever is less
Loan Term: 7
Finance Charge for 14-day $100 Loan: 15
APR for 14-day $100 Loan: 391%
Maximum Number of Outstanding Loans at One Time: Cannot exceed $700 from one lender, nor can one lendee have more than 8 checks in 12 months. Rev. Code Wash. (ARCW) § 31.45.073
Rollovers Permitted: No. Rev. Code Wash. (ARCW) § 31.45.073
Cooling-off Period: None mentioned.
Collection Fees: One time fee for insufficient funds. Can sue for costs of collection, excluding attorney's fees and other interest. Wash. Rev. Code Ann. § 31.45.082
Criminal Action: Not allowed. Wash. Rev. Code Ann. § 31.45.082