Washington · Revised Code of Washington — Title 9A, Criminal Code

RCW Title 9A § 9A.82.020: Extortionate extension of credit

Felony

What this law says, in plain English

A person commits a class B felony by knowingly making an extortionate extension of credit—lending money at excessive interest rates (over 45% annually) with intent that the debtor believe nonpayment will be enforced through extortion.

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