- Payday loans in Renton 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 Kent, about 6 miles away.
Renton at a glance
| Renton | |
|---|---|
| Population (2024 Census estimate) | 105,543 |
| Change since 2020 | -1.1% (shrinking) |
| County | King County |
| Size rank among 262 Washington places we cover | 9th |
| Share of Washington’s population | 1.3% |
| Nearest larger city | Kent (about 6 miles) |
| Credit unions headquartered in town (NCUA) | None |
| Credit unions headquartered in King County | 11 |
| Other towns within 25 miles | 57 (about 2,624,801 residents) |
| Typical payday APR statewide (CRL 2023) | 391% |
Whether you borrow at a storefront in Kent or online from Renton, the lender must hold a Washington license from the Washington Department of Financial Institutions and follow state limits.
Credit unions near Renton
No credit union has its main office in Renton, but these are based elsewhere in King County (NCUA, June 2026):
- Cascade Federal Credit Union in Kent (federal charter — may offer payday alternative loans (PALs))
- Alaska Air Group Federal Credit Union in Seatac (federal charter — may offer payday alternative loans (PALs))
- Waterfront Federal Credit Union in Seattle (federal charter — may offer payday alternative loans (PALs))
- Boeing Employees Credit Union in Tukwila (state charter)
- Salal Credit Union in Seattle (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.
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Payday loan rules that apply in Renton
| Rule | Washington |
|---|---|
| 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 |
| Payment plan | You can ask for an installment plan with no extra fees |
What a $300 loan costs in Renton
At Washington’s maximum fee, borrowing $300 costs $45 (15% fee). Statewide, the typical APR on a $400 payday loan was 391% (Center for Responsible Lending, June 2023). Check any offer with our payday loan calculator.
Other help in King County before you borrow
- Credit union payday alternative loans (PALs): $200–$2,000 at no more than 28% APR. Search for a federal credit union in Renton that offers them. See how PALs work.
- Your bank’s small-dollar loan, if it offers one. See bank small-dollar loans.
- Cash advance apps for $20–$500 based on your direct deposits. See apps compared.
- 211: call or text 211 for local help with rent, utilities and food.
Towns near Renton
The nearest larger city is Kent, about 6 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 Renton?
Yes. Payday loans are legal in Renton under Washington state law, and lenders must be licensed by the Washington Department of Financial Institutions.
How much does a payday loan cost in Renton?
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 Renton?
No credit union is headquartered in Renton, but Cascade Federal Credit Union is based in Kent, also in King 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