We have to operate in accordance with state lending laws.
Washington state currently prevents us from lending to people who meet the following criteria:
- Eight or more loans in the prior twelve months
- One or more outstanding small loans in default
- One or more outstanding small loans in an installment plan
- Total outstanding small loan principal amount will exceed the limit allowed ($700 or 30% of monthly income)
Idaho, Ohio, Texas, and Utah do not currently have state databases!
We adhere to the same state lending laws despite being a consumer-friendly alternative to payday loans.
If you ever need a loan in the future, please keep us in mind rather than using a payday loan! With Possible Finance, you have more time to repay and you’ll build credit with each successful repayment!