Cash and Check Advance Seattle

Cash and check advance Seattle is available throughout the city, with the state having around 85 payday lenders operating in over 420 locations.

Payday lending has been very popular in the state of Washington ever since the early 1990s, as evidenced by the emergence of the first laws regulating their operations specifically in 1995 (Check Cashers & Sellers Act).

According to the payday loan laws in Washington State, the licensing and regulation of cash advance providers is done through the Department of Financial Institutions (DFI).

If you are unsure whether you are dealing with a licensed payday lender, you can verify their status from calling DFI directly, or by checking their online database that contains the names of the current license holders.

Even internet payday lenders that do business with Washington residents must be licensed by the DFI, and these companies have to follow the state's rules and regulations.

Similarly to most other states, payday loan industry is very heavily regulated in Washington State, and you should get to know these laws in full, to educate yourself of your rights as a consumer.

The laws regulate many aspects of cash advance lending, including maximum loan amounts and terms, as well as maximum fees on payday advances.

You should also look for alternatives to payday loans, as many traditional solutions, including short-term bank loans, may offer more appealing interest rates and repayment terms.

Washington State also has several types of local organizations available that provide advice for dealing with difficult financial situations, including help on budgeting and credit repair.

Payday Loans in Seattle

All in all, Washington State has around 85 payday lenders, with some 339 branches and over 420 locations, many in and around Seattle.

Of the companies operating in Seattle, Advance America, the nation's largest payday lender, has 4 locations available within 20 miles of downtown Seattle, WA.

The company, which has been in business since 1997, operates over 2,400 outlets for cash advances in United States, providing a wide range of financial products from most outlets.

Another popular payday lender operating in Seattle is ACE Cash Express, which first opened its doors to customers back in 1968, and today has over 1,700 outlets in the country.

ACE operates four bricks-and-mortar stores in Seattle, with a range of financial services available from each of the stores, including payday loans and check cashing.

› Cash and Check Advance Seattle

Cash advances should be used for short-term financial needs only, not as a long-term financial solution.

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