Washington - Revised Consumer Loan Bond Requirements

The Department of Financial Institutions at the State of Washington has lowered the new bond requirements which will go into effect 8/22/2008. This means the first five locations will stay at $400,000 and then increase $10,000 for each additional location. To review these newly adopted rules please visit the DFI's website at:

http://www.dfi.wa.gov/cs/recently_adopted_rules.htm#adopted_consumer_loan