Please read this disclaimer carefully before using Snap Loans Cash. It explains what our service is, what it is not, and the Washington rules that apply to payday loans for Seattle borrowers.
We are a connection service, not a lender
Snap Loans Cash does not lend money, make credit decisions, or charge you any fee. We are a loan-connection service that may match your request with third-party lenders licensed to operate in Washington. Any loan you receive comes from an independent lender, on that lender’s terms, which you should read in full before you accept.
Washington payday loan rules
Payday loans are legal in Washington under the Check Cashers and Sellers Act (RCW 31.45). Under that law:
- A loan may not exceed $700, or 30% of your gross monthly income, whichever is less.
- Fees are limited to 15% of the first $500 plus 10% of any amount above $500.
- The term may not exceed 45 days.
- You may cancel the loan at no cost within one day (24 hours).
- Rollovers are prohibited, and you may take no more than 8 payday loans in any 12-month period (tracked by a statewide database).
- You may request a statutory installment repayment plan (RCW 31.45.084) on outstanding balances up to $400.
Cost example
The Washington DFI’s own example is a 14-day $500 loan at maximum fees, which works out to roughly a 391% APR. Payday loans are short-term, higher-cost credit and are not intended for long-term financial needs. Please consider lower-cost alternatives first.
Regulator and complaints
Washington payday lenders are licensed and regulated by the Washington State Department of Financial Institutions (DFI), 1-877-RING-DFI (1-877-746-4334). Rules on this page were verified on July 15, 2026 and may change; always confirm current terms with your lender and the regulator.