The number of payday lenders in Washington reduced 8% to 28 companies in 2017, compares to 26 companies a year ago. The 28 companies have 58 branches(33% decrease compares to 87 branches in 2016)
in 86 locations(24% decrease compares to 113 locations in 2016). The number of payday lending locations has decreased 88% since its height of 742 locations in 2006.

There are 633,882 number of small loans made in 2017, a decrease of 76,281 or 10.74% compares to 710,163 in 2016. The total loans amounted to $248,772,165, a decrease of $24,974,728 or
9.12% compares to $273,746,893 in 2016. The average payday loan is $392.46 in 2017, a slightly larger amount compares to $385.47 in 2016.

The total payday loan fees amounted to $35,386,988 in 2017, a decrease of $3,630,120 or 9.30% compares to $39,017,108 in 2016. The average payday loan fee in 2017 is $55.83, a marginal increase compares to $54.94 in 2016.

There are 180,688 number of unique customers in 2017, with 44,495 customers or 26.96% taken out the maximum 8-loan limit. Out of the 633,882 small loans made in 2017, 16.14% or 102,294 is converted to installment plan. In 2017, there are 48,816 customers with a transaction goes into default.

There are 64 complaints received from payday lenders in Washington State in 2017, where 31 or 48% are against online payday lenders.

The number of payday lenders in Washington reduced 10% to 26 companies in 2016, compares to 29 companies a year ago. The 26 companies have 87 branches(21% decrease compares to 110 branches in 2015)
in 113 locations(19% decrease compares to 139 locations in 2015). The number of payday lending locations has decreased 85% since its height of 742 locations in 2006.

There are 710,163 number of small loans made in 2016, a decrease of 66,661 or 8.58% compares to 776,824 in 2015. The total loans amounted to $273,746,893, a decrease of $27,156,665 or
9.03% compares to $300,903,558 in 2015. The average payday loan is $385.47 in 2016, a slightly smaller amount compares to $387.35 in 2015.

The total payday loan fees amounted to $39,017,108 in 2016, a decrease of $4,036,396 or 9.38% compares to $43,053,504 in 2015. The average payday loan fee in 2016 is $54.94, a marginal decrease compares to $55.42 in 2015.

There are 196,117 number of unique customers in 2016, with 52,876 customers or 26.96% taken out the maximum 8-loan limit. Out of the 710,163 small loans made in 2016, 13.40% or 95,138 is converted to installment plan. In 2016, there are 51,792 customers with a transaction goes into default.

There are 109 complaints received from payday lenders in Washington State in 2016, where 31 or 34% are against online payday lenders.

The number of payday lenders in Washington reduced 26% to 29 companies in 2015, compares to 39 companies a year ago. The 29 companies have 110 branches(9% decrease compares to 121 branches in 2014)
in 139 locations(13% decrease compares to 160 locations in 2014). The number of payday lending locations has decreased 81% since its height of 742 locations in 2006.

There are 776,824 number of small loans made in 2015, a decrease of 42,931 or 5.24% compares to 819,755 in 2014. The total loans amounted to $300,903,558, a decrease of $18,387,149 or
5.76% compares to $319,290,707 in 2014. The average payday loan is $387.35 in 2015, a slightly smaller amount compares to $389.50 in 2014.

The total payday loan fees amounted to $43,053,504 in 2015, a decrease of $2,660,635 or 5.82% compares to $45,714,139 in 2014. The average payday loan fee in 2015 is $55.42, a marginal decrease compares to $55.77 in 2014.

There are 214,099 number of unique customers in 2015, with 56,986 customers or 26.62% taken out the maximum 8-loan limit. Out of the 776,824 small loans made in 2015, 12.35% or 95,899 is converted to installment plan. In 2015, there are 45,679 customers with a transaction goes into default.

There are 183 complaints received from payday lenders in Washington State in 2015, where 67 or 37% are against online payday lenders.

The number of payday lenders in Washington reduced 15% to 39 companies in 2014, compares to 46 companies a year ago. The 39 companies have 121 branches(5% decrease compares to 128 branches in 2013)
in 160 locations(8% decrease compares to 174 locations in 2013). The number of payday lending locations has decreased 78% since its height of 742 locations in 2006.

There are 819,755 number of small loans made in 2014, a decrease of 52,046 or 5.97% compares to 871,801 in 2013. The total loans amounted to $319,290,707, a decrease of $12,139,371 or
3.66% compares to $331,430,078 in 2013. The average payday loan is $389.50 in 2014, a slightly larger amount compares to $380.17 in 2013.

The total payday loan fees amounted to $45,714,139 in 2014, a decrease of $1,788,085 or 3.76% compares to $47,502,224 in 2013. The average payday loan fee in 2014 is $55.77, a marginal increase compares to $54.49 in 2013.

There are 220,838 number of unique customers in 2014, with 61,100 customers or 27.67% taken out the maximum 8-loan limit. Out of the 819,755 small loans made in 2014, 13.80% or 113,146 is converted to installment plan. In 2014, there are 37,703 customers with a transaction goes into default.

There are 184 complaints received from payday lenders in Washington State in 2014, where 83 or 45% are against online payday lenders.

The number of payday lenders in Washington reduced 12% to 46 companies in 2013, compares to 52 companies a year ago. The 46 companies have 128 branches(15% decrease compares to 151 branches in 2012)
in 174 locations(14% decrease compares to 203 locations in 2012). The number of payday lending locations has decreased almost 77% since its height of 742 locations in 2006.

There are 871,801 number of small loans made in 2013, a decrease of 37,769 or 4.15% compares to 909,570 in 2012. The total loans amounted to $331,430,078, a decrease of $11,559,673 or
3.37% compares to $342,989,751 in 2012. The average payday loan is $380.17 in 2013, a slightly larger amount compares to $377.09 in 2012.

The total payday loan fees amounted to $47,502,224 in 2013, a decrease of $1,605,460 or 3.27% compares to $49,107,684 in 2012. The average payday loan fee in 2013 is $54.49, a marginal increase compares to $53.99 in 2012.

There are 231,868 number of unique customers in 2013, with 68,736 customers or 29.64% taken out the maximum 8-loan limit. Out of the 871,801 small loans made in 2013, 12.40% or 108,807 is converted to installment plan. In 2013, there are 45,756 customers with a transaction goes into default.

There are 453 complaints received from payday lenders in Washington State in 2013, where 330 or 73% are against online payday lenders.

The number of payday lenders in Washington reduced 24% to 52 companies in 2012, compares to 68 companies a year ago. The 52 companies have 151 branches(20% decrease compares to 188 branches in 2011)
in 203 locations(21% decrease compares to 256 locations in 2011). The number of payday lending locations has decreased 73% since its height of 742 locations in 2006.

There are 909,570 number of small loans made in 2012, an increase of 53,741 or 6.28% compares to 855,829 in 2011. The total loans amounted to $342,989,751, an increase of $16,316,632 or
4.99% compares to $326,673,119 in 2011. The average payday loan is $377.09 in 2012, a slightly smaller amount compares to $381.70 in 2011.

The total payday loan fees amounted to $49,107,684 in 2012, an increase of $2,440,826 or 5.23% compares to $46,666,858 in 2011. The average payday loan fee in 2012 is $53.99, a marginal decrease compares to $54.53 in 2011.

There are 236,538 number of unique customers in 2012, with 65,938 customers or 27.88% taken out the maximum 8-loan limit. Out of the 909,570 small loans made in 2012, 9.64% or 87,674 is converted to installment plan. In 2012, there are 54,031 customers with a transaction goes into default.

There are 388 complaints received from payday lenders in Washington State in 2012, where 297 or 77% are against online payday lenders.

The number of payday lenders in Washington reduced 20% to 68 companies in 2011, compares to 85 companies a year ago. The 68 companies have 188 branches(45% decrease compares to 339 branches in 2010)
in 256 locations(40% decrease compares to 424 locations in 2010). The number of payday lending locations has decreased 65% since its height of 742 locations in 2006.

There are 855,829 number of small loans made in 2011, a decrease of 237,947 or 21.75% compares to 1,093,776 in 2010. The total loans amounted to $326,673,119, an increase of $107,438,624 or
24.75% compares to $434,111,743 in 2010. The average payday loan is $381.70 in 2011, a smaller amount compares to $397 in 2010.

The total payday loan fees amounted to $46,666,858 in 2011, a decrease of $14,625,846 or 23.86% compares to $61,292,704 in 2010. The average payday loan fee in 2011 is $54.53, a marginal decrease compares to $56.04 in 2010.

There are 233,835 number of unique customers in 2011, with 56,326 customers or 24.09% taken out the maximum 8-loan limit. Out of the 855,829 small loans made in 2011, 9.52% or 81,462 is converted to installment plan. In 2011, there are 60,863 customers with a transaction goes into default.

There are 286 complaints received from payday lenders in Washington State in 2011, where 145 or 51% are against online payday lenders.

The number of payday lenders in Washington reduced 22% to 85 companies in 2010, compares to 109 companies a year ago. The 85 companies have 339 branches(24% decrease compares to 449 branches in 2009)
in 424 locations(30% decrease compares to 603 locations in 2009).

There are 1,093,776 number of small loans made in 2010, a decrease of 2,150,248 or 66.28% compares to 3,244,024 in 2009. The total loans amounted to $434,111,743.00, a decrease of $901,917,102.01 or
67.51% compares to $1,336,028,845.01 in 2009. The average payday loan is $397 in 2010, a smaller amount compares to $412 in 2009.

The total payday loan fees amounted to $61,292,704.00 in 2010, a decrease of $122,144,575.38 or 66.59% compares to $183,437,279.38 in 2009. The average payday loan fee in 2010 is $56.04, a marginal decrease compares to $56.55 in 2009.

Beginning January 1, 2010, borrowers are limited to eight loans in any twelve-month period from all lenders. There are 280,587 number of unique customers in 2010, with 43,930 customers or 15.66% taken out the maximum 8-loan limit.

Beginning January 1, 2010, borrowers are entitled to an installment loan at any time prior to default. Borrowers do not have to pay a fee for the installment plan and have from 90 to 180 days (depending on the original loan amount) to
repay the loan in a series of installments. Out of the 1,093,776 small loans made in 2010, 13.35% or 146,065 is converted to installment plan. There are 93,601 customers who started an installment plan in 2010.

In 2010, there are 72,563 customers with a transaction goes into default.

There are 324 complaints received from payday lenders in Washington State in 2010, where 162 or 50% are against online payday lenders.