HB1918 — Limiting the annual percentage rate for payday lending to 36 percent and making other modifications to small loans under the payday lending laws.

HB1918 — Limiting the annual percentage rate for payday lending to 36 percent and making other modifications to small loans under the payday lending laws. · Informed CitizenryHB 1918 amends Washington state payday lending laws to cap the annual percentage rate (APR) for small loans at 36 percent. The bill replaces previous fee and interest structures with this 36% cap,…Open in Informed Citizenry