- Payday loans in Spokane Valley follow Washington law (RCW 31.45 (Check Cashers and Sellers)).
- Borrowing $300 at the state maximum costs $45 (15% fee).
- 2 credit unions are headquartered in Spokane Valley; ask about small-dollar loans before borrowing.
Spokane Valley at a glance
| Spokane Valley | |
|---|---|
| Population (2024 Census estimate) | 108,267 |
| Change since 2020 | +4.5% (growing) |
| County | Spokane County |
| Size rank among 262 Washington places we cover | 8th |
| Share of Washington’s population | 1.4% |
| Nearest larger city | Spokane (about 9 miles) |
| Credit unions headquartered in town (NCUA) | 2 |
| Credit unions headquartered in Spokane County | 13 |
| Other towns within 25 miles | 10 (about 282,150 residents) |
| Typical payday APR statewide (CRL 2023) | 391% |
There is no separate Spokane Valley payday law: Washington rules apply here, and any lender serving Spokane Valley residents, online or in person, needs a license from the Washington Department of Financial Institutions.
Credit unions in Spokane Valley
These credit unions have their main office in Spokane Valley, according to NCUA call report data (June 2026):
- Numerica Credit Union (state charter)
- Horizon Credit Union (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 Spokane Valley
| 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 Spokane Valley
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 Spokane County before you borrow
Before a payday loan, Spokane Valley residents can usually find something cheaper:
- Local assistance through 211 covering Spokane County.
- A credit union payday alternative loan (max 28% APR). See PALs explained.
- Your bank’s small-dollar loan, if offered (compare banks).
- A cash advance app for $20–$500 (apps compared).
Towns near Spokane Valley
- Millwood · 3 mi
- Liberty Lake · 6 mi
- Spokane · 9 mi
- Rockford · 15 mi
- Airway Heights · 16 mi
- Spangle · 18 mi
The nearest larger city is Spokane, about 9 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 Spokane Valley?
Yes. Payday loans are legal in Spokane Valley under Washington state law, and lenders must be licensed by the Washington Department of Financial Institutions.
How much does a payday loan cost in Spokane Valley?
At Washington’s maximum fee, borrowing $300 costs $45 (15% fee). The typical statewide APR was 391% in 2023.
Are there credit unions in Spokane Valley?
Yes. NCUA data lists 2 credit unions with a main office in Spokane Valley, including Numerica Credit Union and Horizon Credit Union.
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