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New Legislation Washington Financial Regulatory Reform

Ballard Spahr LLP

Washington state “true lender” law signed, effective June 6, 2024

Ballard Spahr LLP on

After its passage by the Washington state legislature, Substitute Senate Bill (SSB) 6025, the Washington “predatory loan prevention act”, was approved by Governor Jay Inslee on March 25, 2024, with an effective date of June...more

Sheppard Mullin Richter & Hampton LLP

Washington State Enacts Credit Repair Law

On April 20, Washington Governor, Jay Inslee, signed into law HB 1311 creating new regulations for credit repair organizations (CROs) in the state. Among other things, the new law outlines requirements for CROs, which include...more

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