

Fast Online Payday Loan [ TACOMA ]
Possible types of loans:
- $100, $200, $300, $400, $500, $600, $700, $800, $900, 1000 dollars are emergency payday loans in Tacoma Washington USA, which are issued for a period of 1, 2, 3 or 4 weeks (until your next salaries).
- $1500, $2000, $2500, $3000, $3500, $4000, $4500, $5000 – Tacoma, WA installment loans that can be taken out for terms of up to 2 years (most often 1, 6, 9, 12 or 3 months).
To get fast online cash advances (payday or personal loans, short-term loans, fast cash) with instant approval in Tacoma, WA, USA, use our simple 5-minute application form! The money will be credited to your bank account within 24-48 hours (or faster) after approval.
✅ 24/7 Online ✅ Safe & Secure ✅ Instant Decision ✅ OK with Bad Credit ✅ Payday loan up to $1,000 ✅ Personal loan up to $5,000
Cash Advance Near Me :: Tacoma Washington Direct Lenders (list of offline stores and agencies nearby)
Company | Address | Phone |
---|---|---|
OneMain Financial | 1802 S Mildred St D, Tacoma, WA 98465 | +1 253-460-0710 |
Mariner Finance | 3702 S Fife St Ste B105, Tacoma, WA 98409 | +1 253-414-0995 |
Moneytree | 2528 S 38th St Ste D, Tacoma, WA 98409 | +1 253-473-3500 |
Checkmate | 7202 Pacific Ave, Tacoma, WA 98408 | +1 253-476-9337 |
OneMain Financial | 10202 Pacific Ave S #103, Tacoma, WA 98444 | +1 253-531-4315 |
Cash America Pawn | 15027 Pacific Ave S, Tacoma, WA 98444 | +1 253-284-3761 |
Small Loans in Tacoma, WA: Requirements and Terms
When an unexpected expense arises in Tacoma, a payday loan can seem like a convenient quick fix. However, Washington State has some of the nation’s most stringent regulations on short-term lending, which significantly changes the landscape for borrowers. It’s crucial to understand the specific requirements and terms that apply under state law.
Here is a breakdown of what you need to know if you are considering this option.
Minimum Requirements for a Payday Loan in Tacoma, WA
To qualify for a payday loan from a licensed lender in Tacoma, you will generally need to meet the following standard requirements set by state law and individual lenders:
- Age and Identity: You must be at least 18 years old and provide a valid, government-issued photo ID, such as a Washington driver’s license or state ID card.
- Proof of Income: Lenders must verify that you have a reliable source of income. This can include income from employment, self-employment, benefits (such as Social Security or disability), or a regular pension. You will typically need to provide recent pay stubs or bank statements.
- Active Bank Account: You must have an active checking account in your name. This is used to deposit the loan funds and to electronically withdraw the repayment on the due date.
- Contact Information: You must provide valid contact details, including a working phone number and a permanent residential address.
- Social Security Number: You will need to provide your SSN for identity verification purposes.
Washington state law also requires lenders to ensure a borrower’s ability to repay the loan without needing to re-borrow, adding a layer of protection.
Terms of Short-Term Loans in Tacoma, Washington, USA
The terms for payday loans in Washington are strictly defined by the Washington State Department of Financial Institutions (DFI). The state enforces a comprehensive set of rules designed to protect consumers.
- Maximum Loan Amount: The highest amount you can borrow is $700 or 30% of your gross monthly income, whichever is less.
- Fees and Finance Charges: Washington law is very specific on fees. A lender may charge a maximum fee of 15% on the first $500 borrowed. On the portion of the loan between $500 and $700, they may charge an additional 10% fee.
- Example for a $500 loan: 15% of $500 = $75 fee.
- Example for a $700 loan: (15% of $500) + (10% of $200) = $75 + $20 = $95 fee.
- Loan Term: The minimum loan term is at least 45 days. This is a key difference from many other states and is designed to give borrowers more time to repay, reducing the immediate financial pressure of a single lump-sum payment on the next payday.
- Maximum Number of Loans: You may only have one outstanding payday loan at any given time in Washington. The state operates a database that lenders must check to enforce this rule.
- Right to Rescind: You have the right to cancel the loan for any reason by the end of the next business day without any cost or penalty. You must simply return the full principal amount to the lender.
- Extended Payment Plan: If you are unable to repay your loan on time, you have the right to request an extended payment plan at no extra cost. This plan allows you to pay back the loan in at least three equal monthly payments. You can use this option once per 12-month period.