Washington State Department of Financial Institutions

Consumer Loan Act Interpretive & Policy Statements

The opinions expressed in the statements below are informal and non-binding. These opinions reflect the position of the Division of Consumer Services at the time they were produced.

The Division of Consumer Services could learn of additional facts, which would cause us to change our position.


Consumer Loan Act Interpretive Statements

Statement Date Statute Topic
CLA IS-2010-01 Revised (PDF)* 12/01/10 31.04.025(3) Licensing Requirement Exemption
CLA IS-2009-01 - WITHDRAWN 04/10/09 RCW 31.04 Loan Modification Services

Note: State law was amended to codify the agency’s interpretation.

Consumer Loan Act Policy Statements

Currently, no policy statements have been issued by the Division of Consumer Services.


What's the Difference Between an Interpretive Statement and a Policy Statement?

Interpretive statement means a written expression of the opinion of an agency, entitled an interpretive statement by the agency head or its designee, as to the meaning of a statute or other provision of law, of a court decision, or of an agency order.

Policy statement means a written description of the current approach of an agency, entitled a policy statement by the agency head or its designee, to implementation of a statute or other provision of law, of a court decision, or of an agency order, including where appropriate the agency's current practice, procedure, or method of action based upon that approach.


Contact Us

If you have any questions about an interpretive statement or policy statement, feel free to contact us by phone at 360-902-8703 or toll free at 1-877 RING DFI (746-4334). You may also email us at dcs@dfi.wa.gov.

* This document is a PDF file, and you will need Adobe Acrobat Reader to view it. If you don't already have Acrobat Reader installed on your computer, you may download it for free from Adobe.

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