Washington state makes it tough to make money

Check ’n Go spokesman Jeff Kursman said the company, which has 1,100 loan shops nationally, will close all its Washington locations by Jan. 1.

This is not as shocking as it may seem. They currently have 3 locations, but do not see the point in expanding in a state with heavy restrictions.

The state of Washington is limiting each citizen to 8 loans a year and capping those rates, not to mention; income restrictions.

Read more about payday loans in Washington.

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