Washington Rates & Terms
Washington Rapid Cash loan agreements are governed by the State of Washington.
View example finance charges.
Advance Amount: (amount financed) |
$100 |
Finance Charge: (cost of loan) *Assuming all payments are made as scheduled |
$15.00 |
Check Amount: (total of payments) |
$115.00 |
APR**: | 391.07% APR for a 14-day loan term 182.50% APR for a 30-day loan term |
**Annual Percentage Rate: The APR is the total cost of your loan expressed as a yearly rate. The above APRs are based on example loan terms of one payment ("Check Amount") due in 14 or 30 days. The APR will increase if the actual loan term is shorter than these examples, and will decrease if your loan term is longer.
Online Payday Loan Questions
How much money can I borrow?
Washington residents may be eligible to receive up to $700 with an online payday loan from Rapid Cash.
When will I have to repay my loan?
Your loan will typically be due on your next pay day.
Can I get an extension on my loan?
Your right to an installment plan.
You have a right to an installment plan when you are unable to pay your small loan when it is due. If you will be or are unable to pay your loan when it is due, you may convert your loan to an installment plan with us by notifying us on or before the loan's due date. If your loan amount is four hundred dollars or less, you may enter into an installment plan that allows you to pay off your loan in substantially equal payments over ninety (90) days. If your loan amount is more than $400, you may enter into an installment plan that allows you to pay off your loan in substantially equal payments over one hundred eighty (180) days.
An installment plan will allow you to pay all that you owe without having to pay any additional fees, interest charges or other charge for converting your small loan into an installment plan. If the request for an installment plan is made on the due date, it must be made no later than 3:00pm pacific time.
What if I decide I don't need the loan?
Your right to rescind (cancel) this loan.
You have the right to rescind (cancel) this loan by returning the amount of the loan in cash, or returning the check given to you by us to our office by the close of business on our next business day following the date of this loan. We may not charge you for canceling the loan and we will return to you any postdated check or electronic equivalent you have given to us.