Consumer Loan Act Clarification on Refunding Fees Rulemaking — CR-101

PREPROPOSAL STATEMENT
OF INQUIRY
CODE REVISER USE ONLY
CR-101 (October 2017)
(Implements RCW 34.05.310)
Do NOT use for expedited rule making
Agency: Department of Financial Institutions, Division of Consumer Services Subject of possible rule making: Amending the rules (chapter 208-620 WAC) under the Consumer Loan Act (chapter 31.04 RCW) to clarify the Director’s, or the Director’s Designee’s, authority to refund fees under the Consumer Loan Act. Statutes authorizing the agency to adopt rules on this subject: RCW 31.04.045, RCW 31.04.055, RCW 31.04.085, RCW 31.04.165, and RCW 43.320.040 Reasons why rules on this subject may be needed and what they might accomplish: The Department charges fees and assessments from licensees as part of administering the Consumer Loan Act. From time to time it is necessary to refund or waive fees or assessments. The Division of Consumer Services is considering amendments to clarify the Director’s (or Director’s Designee’s) authority to make refunds. Identify other federal and state agencies that regulate this subject and the process coordinating the rule with these agencies: N/A. Process for developing new rule (check all that apply):
☐ Negotiated rule making
☐ Pilot rule making
☐ Agency study
☒ Other (describe) The Division of Consumer Services is soliciting comments from interested persons and may adopt rules after consideration of public comments. Interested parties can participate in the decision to adopt the new rule and formulation of the proposed rule before publication by contacting:
(If necessary)
Name: Rochelle Henderson Name:
Address: P.O. Box 41200, Olympia, WA 98504-1200 Address:
Phone: 360-701-0581 Phone:
Fax: Fax:
TTY: TTY:
Email: Rochelle.henderson@dfi.wa.gov Email:
Web site: www.dfi.wa.gov Web site:
Other: Other:
Additional comments:
Date: 08/25/2026
Name: Brian Guerard
Title: Acting Director, Division of Consumer Services Signature: