Concerning pawnbroker fees and interest rates.

HB 1269 amends Washington State law regarding pawnbroker fees, interest rates, and loan terms, directly affecting pawnbrokers and individuals taking out pawn loans. The bill increases the maximum interest rate for loans of $100 or more from 4% to 5% per 30-day period. It also raises the general storage fee and firearm storage fee from $5 to $10 each. Key provisions include shortening the standard loan term and the period before unredeemed property can be sold from 90 days to 60 days. Additionally, the bill revises the structure for loan preparation fees and allows for online payment services for rewritten loans.