Payday Loans And Installment Loans In Washington
Looking for temporary cash assistance? We are here to help you discover the trustworthy and realistic solution to your uncertain monetary needs. We offer a smart service to help you find the payday loans and installment loans in Washington that goes well to your financial requirement and pocket. Apply with us to get the required financial support as quickly as possible.
If you are a resident of Washington and banks are unwilling to lend you the money, we help you to find the right lender for you. Do not visit the local payday lending stores. We are connected with the network of lenders in Washington to bring suitable financial service at your home.
Know about loan amount, duration, rates and fees of payday loans or installment loans in Washington to experience wise lending:
1. The maximum loan amount that the residents of Washington can borrow while applying with payday or installment loan is $700 or 30 percent of the gross monthly income, whichever is less.
2.Borrowing limit is basically determined on the basis of the borrower’s income and other important factors.
3. The duration of the loan is varied from 14 to 45 days.
Interest Rates, APR, Finance Charges And Other Fees:
1. Interest on the loan amount of $100 to $500 is 15 percent of the principal amount. For the remaining $501 to $700, it is 10 percent of the principal amount.
2. The APR for the duration of 14-day loan is 391.07% for 30-day loan is 182.5%.
3. Finance charges are $15 for per $100. $25 NSF fee
Extension Of Loan:
1. An installment repayment method is permitted to those who cannot afford to repay back the loan on the due date.
2. Lenders do not charge any additional fees, interest charges or other fees for converting your repayment method into installment plan.
3. If the loan amount you borrow is $400 or less, you can choose an installment plan in which you are allowed to repay back your loan in considerable equal installments over 90 days. For the amount more than $400, the duration is 80 days.
Rescind Of Loan:
In case if you have change your mind to avail a loan, you have the right to rescind the loan anytime before signing the official documents. Lender will not charge anything for the request of cancellation of loan.
Please visit the direct payday lender site in Washington regarding changes to the payday lending laws.