Compare legal limits, fees and the true cost of small loans in your state before you talk to any lender. Compare legal limits, fees and the true cost of small loans in your state.
Payday loans in Spokane, Washington
Washington payday loan rules that apply in Spokane
- Max loan amount
- $700 or 30% of income
- Min loan term
- N/A
- Max loan term
- 45 days
- Finance charge cap
- 15% up to $500; 10% above
- Max absolute fee
- $95
- Typical APR
- ~390%
- Rollovers (extensions)
- Prohibited
- Simultaneous loans
- Max 8 loans per year
- Right to rescind
- Next business day
- Governing law
- Washington Check Cashers and Sellers Act
- Regulator
- WA State DFI
Spokane at a glance
| Metric | Spokane | Washington | United States |
|---|---|---|---|
| Population | 389,529 | 7.7M | 332.3M |
| Median household income | $73,015 | $100,769 | $85,275 |
| Median rent | $1,198/mo | $1,680/mo | $1,432/mo |
| Income spent on rent | 30.5% | 30.7% | 31.6% |
| Homeownership | 60.6% | 64.9% | 65.4% |
| Poverty rate | 13.0% | 10.0% | 12.6% |
| Unemployment rate | 5.7% | 5.0% | 5.3% |
| Without health insurance | 5.2% | 6.4% | 8.6% |
| Veterans | 9.4% | 8.2% | 6.5% |
Source: U.S. Census Bureau, American Community Survey, by ZIP code. City and state figures are population-weighted averages of ZIP code data and are approximate.
Payday loan cost calculator for Spokane
Move the sliders to see what a payday loan would cost under Washington rules and how it compares with local incomes.
Example range up to $1,000
Washington sets no fixed fee; $15 is typical
Rollovers are not allowed in Washington.
- Fee
- $75
- Total to repay
- $575
- APR
- 391%
- Share of a two-week household paycheck in Spokane
- 2.7%
Estimate only. APR = fee ÷ amount × 365 ÷ term. Lenders may charge less than the state maximum; actual terms vary.
What a payday loan costs in Spokane
- Fee on a $500 loan
- $75
- Share of a two-week household paycheck
- 2.7%
- Hours of work at the local median wage
- 4.0 hours
- Rollovers
- Not allowed in Washington
Washington sets no fixed fee in dollars, so this example uses a typical fee of $15 per $100 on a $500 loan and local median incomes: two-week paycheck = household income ÷ 26, hourly wage = individual income ÷ 2,080. Actual terms vary by lender.
Spokane in context
- Population rank in Washington
- 2nd
- of 33 Washington cities with 50,000+ residents
- Median household income rank
- 31st
- of 33 Washington cities with 50,000+ residents
- Households earning under $25,000
- 15.1%
- ▲ 3.9 pts vs WA
- Median home value
- $356,527
- ▼ 39% vs WA
- Home value to income
- 4.9×
- A $400 emergency expense
- 2.0 days
- of median household income
Payday loan stores in Spokane, WA
Licensed storefront lenders in Spokane with addresses, phone numbers and hours. We do not rank or recommend any lender; confirm each company's license with the WA State DFI before you borrow.
| Address | Phone | Hours | Google rating |
|---|---|---|---|
| 4902 E Sprague Ave C Spokane Valley, WA 99212 | (509) 299-8280 | — | 3.9 |
| 515 W Francis Ave #4 Spokane, WA 99205 | (509) 328-4064 | — | 4.4 |
| 12510 E Sprague Ave #8 Spokane, WA 99216 | (509) 926-2000 | — | 4.7 |
| 4516 N Division St Spokane, WA 99207 | (509) 489-5000 | — | 4.7 |
| 300 N Mullan Rd #103 Spokane Valley, WA 99206 | (509) 928-9442 | — | 4.0 |
| 9107 N Country Homes Blvd #12 Spokane, WA 99218 | (509) 467-6513 | — | 3.6 |
| 521 E Holland Ave Ste 70 Spokane, WA 99218 | (509) 606-2190 | — | 4.7 |
| 111 W North River Dr #100 Spokane, WA 99201 | (574) 282-2761 | — | 4.6 |
Fast & secure payday loans in Spokane, Washington
Unexpected expenses can happen anytime. If you need urgent cash in Spokane, our service connects you with trusted, state-licensed lenders.
Apply online from the comfort of your home, get a fast decision and, if approved, receive funds in your bank account as soon as the next business day.
Why Spokane residents use us
- Fast 5-minute request A simple online application, with no waiting in line at a storefront.
- Bad credit considered Lenders focus on your steady income, not just your credit history.
- Loans within Washington limits Loan terms must comply with the Washington Check Cashers and Sellers Act.
- Safe & confidential Your personal and financial details are sent over an encrypted connection.
Notice for Spokane residents: Payday loans are designed for short-term emergency needs and should not be used as a long-term debt solution. Interest rates, fees and maximum loan amounts are governed by Washington law (Washington Check Cashers and Sellers Act). Always review the contract terms carefully before signing.
Spokane payday loan FAQ
How much cash can I borrow in Spokane?
Loan amounts in Spokane are typically from $100 up to the Washington limit ($700 or 30% of income), in line with Washington lending law. Your exact approved amount depends on your verifiable income, existing debt and the lender’s evaluation.
Do I need to visit a storefront in Spokane to apply?
No. The whole process is handled securely online, so you don’t need to wait in line at a local check-cashing store or branch. If approved, your funds are deposited directly into your bank account by ACH transfer.
Can I qualify for a payday loan in Spokane with poor credit?
Possibly. A traditional FICO score is not the only factor. Lenders in our network mainly look at whether you have a steady, recurring income and an active checking account to handle repayment. Approval is not guaranteed.
How quickly will I receive my funds in Spokane?
Many applicants get a decision within minutes. Once you review and e-sign your agreement, lenders typically release the cash the same day or the next business day, depending on your bank’s transfer cutoff times.
What are the minimum requirements for Spokane residents?
To qualify, you must:
- Be at least 18 years old.
- Live in Spokane or the surrounding Washington area.
- Have an active checking account in your name.
- Provide proof of consistent monthly income (employment, benefits or recurring deposits).