WA HB1269

Increases the maximum interest rate for pawn loans of $100 or more from 4% to 5% per 30-day period

Simplifies the document preparation fee structure for loans of $50 or more to a flat 15% of the loan amount, eliminating the previous tiered system that ranged from 6-13% for larger loans

Doubles storage fees from $5 to $10 per 30-day period, and doubles the additional firearm storage fee from $5 to $10

Reduces the pawn loan term from 90 days to 60 days, after which unredeemed items become the pawnbroker's property

Allows pawnbrokers to accept loan rewrite payments through online payment services in addition to in-person and mail payments