Washington Payday Loans

Blue car zooming past a bank, on a yellow background.Blue car zooming past a bank, on a yellow background.

Instant Funding - Your Money.
In Your Account.
Right Now.

Instant Funding - Your Money.
In Your Account.
Right Now.

Instant Funding - Your Money.
In Your Account.
Right Now.

 
If Approved, Borrow Up to $7001

How the Payday Loan Process Works

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Application

Apply at one of our local Branches.

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Approval

Once your application and loan documents are verified, approval takes minutes.

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Receive Your Funds

If approved, choose: cash or instant funding to your debit card account

Payday Loans are available up to $7001.

You can borrow any amount up to your loan limit. Your initial loan limit is established based on:

  • Your income
  • The information you provide on your loan application
  • The information in your consumer report provided by a consumer reporting agency
  • Information about your lending activity contained in a state-maintained database

Your loan limit may change based on the loan product applied for, your credit history with Moneytree or a change in any of the above.

1Subject to qualifications and limitations.

Loans2 Up to $7001

A payday loan costs $15 per $100 borrowed up to $500, and $10 per $100 on the amount over $500. For example, a $100 loan due in 14 days would have a total repayment amount of $115 and has an APR (Annual Percentage Rate) of 391.07%.*

1Subject to qualifications and limitations.

2Washington law does not permit lenders to lend to individuals who have taken out over eight (8) payday loans from a Washington-licensed payday lender during the prior 12-month period.

*The Annual Percentage Rate (“APR”) is the cost of your loan expressed as a yearly rate. The actual APR for your loan may be higher or lower, depending on the actual amount you borrow and your actual repayment schedule.

Moneytree Washington Consumer Loan Comparison Chart

  PAYDAY LOAN SIGNATURE LOAN INSTALLMENT LOAN
Loan Amount Up to $700 Up to $500 $50 - $700
Cost $15 per $100 up to $500 and $10 per $100 on amounts over $500 $15 per $100 up to $500 $15 per $100 up to $500 and $10 per $100 on amounts over $500
Terms Available Next payday Next payday Min 60 days - Max 90 days
No. of Payments 1 1 1 per payday
Renewal or Refinance Option? No No No

*The Annual Percentage Rate (“APR”) is the cost of your loan expressed as a yearly rate. The actual APR for your loan may be higher or lower, depending on the actual amount you borrow and your actual repayment schedule.

  • ID and social security number (or alien registration number or ITIN)
  • Physical address & contact phone number
  • Documents to verify the source and amount of your income and to verify your ability to repay
  • Open checking account information

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Secure

Moneytree is a direct lender and never sells your information.

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Licensed

We're licensed by the Washington State Department of Financial Institutions.

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Fast

Our Team will let you know in minutes how much you qualify to borrow.

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Service

Our Mission is to exceed your expectations. Visit a Branch today and learn more from one of our knowledgeable and friendly Tellers!

Questions about payday loans? Call our Customer Service Team at 1-800-745-1011.

Click to View Sample Loan Fees

1Subject to qualifications and limitations.

Instant Funding is not available for all debit cards. Subject to limitations. Some restrictions may apply. Processing times vary. In most instances funds are transferred in approx. 30-45 minutes, but can take longer. Moneytree is not responsible for bank, processor and other third party posting delays or errors.

Due to limitations imposed by the Military Lending Act, Moneytree does not make loans to "covered borrowers," a term which includes active duty members of the military, their spouses and dependents. Learn More.

Washington FAQs

Moneytree, Inc., is licensed by the Washington State Department of Financial Institutions. Licensing information is available upon request. Moneytree is registered with the federal government as a Money Services Business (MSB).

You can borrow any amount up to your loan limit. Your initial loan limit is established based on:

  • Your income
  • The information you provide on your loan application
  • The information in your consumer report provided by a consumer reporting agency
  • Information about your lending activity contained in a state-maintained database

Your loan limit may change based on the loan product applied for, your credit history with Moneytree or a change in any of the above.

Your loan will be due on the date set forth in the loan agreement; typically your next payday. If your next payday is within 9 days from the date you take out the loan, you can repay on the following payday. The minimum loan term is 8 days and the maximum loan term is 45 days.

Online Payments

Telephone Payments

  • Telephone payments may be made by calling Moneytree Customer Service at 1-800-745-1011.

You can prepay your loan in full prior to the due date with no prepayment penalty.

Loan renewals are not available in Washington.

To verify or change your payment due date, please log in to your Moneytree online account. If you don’t have an online account, and wish to set one up, please register online, call or visit any Moneytree branch or contact our Customer Service Team at 1-800-745-1011.

Payment options vary depending on your loan agreement.

  • You may authorize ACH debit payment(s), debit card payment(s), or set up post-dated check(s) to repay your loan at loan origination.
  • You may make your loan payment(s) in any Moneytree branch using cash or your debit card.
  • You may make your loan payment(s) online or over the phone using your debit card.

If you are unable to pay your loan when it is due, Moneytree offers a payment plan. You must request a payment plan before the deposit time on the day your loan is due. If the amount you owe is $400 or less, you can enter into a payment plan to repay in substantially equal payments over 90 days. If the amount you owe is more than $400, you can enter into a payment plan to repay in substantially equal payments over 180 days. There is no charge to enter into the payment plan. You will not be eligible to take out a payday loan, signature loan or installment loan from any Washington licensed lender until your payment plan is paid in full.

You can obtain additional details by contacting Customer Service at 1-800-745-1011 or by visiting a branch.

Payday or Installment Loan: You will be charged a one-time $25 fee if your check or ACH returns unpaid. You can reach Moneytree's Payment Center at 1-888-516-6643 for more information.