Cash advance law takes effect in Washington state

Cash advance law takes effect in Washington state
SEATTLE (AP) -- following a brand new legislation imposing stricter laws from the payday lending industry takes impact today, Ken Weaver just isn't positive their two check-cashing stores in eastern Washington will continue to be available. The new legislation limits how big a quick payday loan to 30 % of an individual's month-to-month income, or $700, whichever is less. Mo...