The fee that is maximum payday loan provider may charge in Washington state is $15 for each and every $100 loaned.

State legislation additionally limits payday lenders to a one-time charge of $25 for bounced checks on a person loan it doesn't matter how numerous checks bounce whenever a lender tries to gather re re payment she says on it. Flores says a debtor whom bounced three checks on payment of the solitary pay day loan — causing money supply to reduce money because of returned check charges from the bank — ended up being the…