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Follow on Google News | CashAdvance.com Rolls Out New Washington Consumer Protection WebsiteUseful Web Page Assists Washington Residents in Navigating the Payday Loan Industry
By: Derek Campbell “CashAdvance.com strives continually to ensure consumer protection by providing the knowledge and resources necessary for consumers to make informed financial decisions,” says CashAdvance.com spokesperson Hanna Wellman. “The Consumer Resource pages at http://www.cashadvance.com/ Payday lending is legal in the state of Washington; however, Washington does impose regulations on the practice of cash advances. The maximum loan value is capped at $700; the loan term's length is limited to 31 - 45 days; lenders are not allowed to offer roll-overs to borrowers; and lenders may not charge more than 15 percent on loans up to $500 and no more than 10 percent on loans from $501 to $700. CashAdvace.com’ According to leading CashAdvance.com financial news expert Adam Hilliard, "Our Washington Consumer Protection page will dispel any misconceptions or uncertainty surrounding the cash advance process in Washington, equip you with practical advice for averting financial crisis, answer your myriad loan questions, and ultimately guide you on the road to taking control of your financial future." # # # CashAdvance.com was established in 1997 to offer people a quick, convenient, and secure method to get a cash advance online. End
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