Washington Administrative Code
Title 208 - Financial Institutions, Department of (See also Titles 50, 419, and 460)
Chapter 208-630 - Regulation of check cashers and sellers and small loans (payday lenders)
SMALL LOAN REQUIREMENTS (PAYDAY LENDING)
Section 208-630-580 - In addition to providing disclosures to the borrower, must I post any disclosures?

Universal Citation: WA Admin Code 208-630-580

Current through Register Vol. 24-18, September 15, 2024

(1) If you make small loans you must post the following notices conspicuously at each location where small loans are made:

(a) A notice substantially in the form set forth in WAC 208-630-570; and

(b) A notice of how consumers may contact the department, substantially in the following form: "If you have questions about your rights and responsibilities when taking out a payday loan, contact the Department of Financial Institutions at 1-800-RINGDFI (1-877-746-4334), or 360-902-8700, or 150 Israel Road S.W., Tumwater, Washington, 98501."

(2) If you make small loans using the internet you must post the notices required by subsections (1) and (2) of this section in a conspicuous location on your web sites.

(3) You may download a copy of the notice required by subsection (1)(b) of this section from the department's web site or by contacting the department directly.

Statutory Authority: RCW 43.320.040, 31.45.200, and 2009 c 510. 09-24-089, § 208-630-580, filed 12/1/09, effective 1/1/10. Statutory Authority: RCW 43.320.040. 07-23-094, § 208-630-580, filed 11/20/07, effective 12/21/07. Statutory Authority: RCW 31.04.165, 43.320.040, 31.45.030, 31.45.050, 31.45.200. 05-22-009, § 208-630-580, filed 10/21/05, effective 11/21/05.

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