WAC 308-29-070

WAC 308-29-070. Disclosure of rate of interest

Last amended: 2001Year: 2026Length: 54 wordsOfficial source
Whenever a collection agency is required pursuant to RCW 19.16.250 (8)(c) to disclose to the debtor that interest charges are being added to the original obligation, the collection agency must also disclose to the debtor the rate of interest. The rate of interest cannot exceed the legal maximum rate established in chapter 19.52 RCW.
WAC 308-29-070: WAC 308-29-070. Disclosure of rate of interest | Justis AI