- Payday loans in Prescott follow Washington law (RCW 31.45 (Check Cashers and Sellers)).
- Borrowing $300 at the state maximum costs $45 (15% fee).
- The nearest larger city is Walla Walla, about 16 miles away.
Prescott at a glance
| Prescott | |
|---|---|
| Population (2024 Census estimate) | 364 |
| Change since 2020 | -1.9% (shrinking) |
| County | Walla Walla County |
| Size rank among 262 Washington places we cover | 249th |
| Nearest larger city | Walla Walla (about 16 miles) |
| Credit unions headquartered in town (NCUA) | None |
| Credit unions headquartered in Walla Walla County | 1 |
| Other towns within 25 miles | 4 (about 47,391 residents) |
| Typical payday APR statewide (CRL 2023) | 391% |
Payday lending in Prescott follows Washington state law. Lenders that serve Prescott, in a store or online, must be licensed by the Washington Department of Financial Institutions.
Credit unions near Prescott
No credit union has its main office in Prescott, but these are based elsewhere in Walla Walla County (NCUA, June 2026):
- Blue Mountain Credit Union in College Place (state charter)
Only federal credit unions can offer payday alternative loans (PALs), capped at 28% APR; state-chartered credit unions often have their own small-loan products. Membership rules apply, and only main offices are listed here; find branches near you with the NCUA Credit Union Locator. See how PALs work.
Need $100–$1,000 before payday?
- One free request, many lenders
- Bad credit and benefit income considered by many lenders
- See the APR and total cost before you sign
PaydayEase is not a lender. Requests go to lenders in our network; approval, rates and terms are set by the lender. Rates & fees
Payday loan rules that apply in Prescott
The main Washington rules for a payday loan in Prescott: maximum loan: $700 or 30% of your gross monthly income, whichever is less; maximum fee: 15% on the first $500, 10% on amounts above $500; loans per year: no more than 8 in any 12-month period. See the full Washington payday loan rules.
What a $300 loan costs in Prescott
The Center for Responsible Lending put the typical APR on a $400 payday loan in Washington at 391% (June 2023). For $300 at the state maximum, expect $45 (15% fee). Check any offer with our payday loan calculator.
Other help in Walla Walla County before you borrow
- Call or text 211 for help with rent, utilities and food in Walla Walla County.
- Ask a federal credit union about a PAL: $200–$2,000 at no more than 28% APR (how PALs work).
- Check your bank app for a small-dollar loan or early pay (bank options).
- Try a cash advance app if you have direct deposit (apps compared).
Towns near Prescott
- Waitsburg · 8 mi
- Walla Walla · 16 mi
- Dayton · 16 mi
- College Place · 18 mi
- Connell · 35 mi
- Pomeroy · 36 mi
The nearest larger city is Walla Walla, about 16 miles away. See all 262 Washington cities.
Need cash before payday?Send one free request to our lender network. We are not a lender; offers and rates come from lenders.
Request a loanFrequently asked questions
Are payday loans legal in Prescott?
Yes. Payday loans are legal in Prescott under Washington state law, and lenders must be licensed by the Washington Department of Financial Institutions.
How much does a payday loan cost in Prescott?
At Washington’s maximum fee, borrowing $300 costs $45 (15% fee). The typical statewide APR was 391% in 2023.
Where is the nearest credit union to Prescott?
No credit union is headquartered in Prescott, but Blue Mountain Credit Union is based in College Place, also in Walla Walla County.
Sources
- U.S. Census Bureau — City and town population totals, Vintage 2024
- U.S. Census Bureau — 2024 Gazetteer files (place locations)
- NCUA — Credit union call report data, June 2026 (FOICU)
- Washington DFI — Payday loans
- Center for Responsible Lending — Red Alert Rates: APRs on $400 single-payment payday loans (June 2023)
- CDFI Fund — NCUA payday alternative loans summary