Revised Code of Washington
Chapter 63.14 - Retail Installment Sales of Goods and Services.
63.14.125 - Lender credit card agreements—Security interests prohibited.

RCW 63.14.125
Lender credit card agreements—Security interests prohibited.

A lender credit card agreement may not contain any provision for a security interest in real or personal property or fixtures of the buyer to secure payment of performance of the buyer's obligation under the lender credit card agreement.

[ 1984 c 280 § 4.]

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Structure Revised Code of Washington

Revised Code of Washington

Title 63 - Personal Property

Chapter 63.14 - Retail Installment Sales of Goods and Services.

63.14.010 - Definitions.

63.14.020 - Retail installment contracts—Number of documents—Promissory notes—Date—Signatures—Completion—Type size.

63.14.030 - Retail installment contracts—Delivery to buyer of copy—Acknowledgment of delivery.

63.14.040 - Retail installment contracts—Contents.

63.14.043 - Retail installment contracts—Purchase of motor vehicle—Secondary products.

63.14.050 - Retail installment contracts—Multiple documents permissible where original applies to purchases from time to time.

63.14.060 - Retail installment contracts—Mail orders based on catalog or other printed solicitation.

63.14.070 - Retail installment contracts—Seller not to obtain buyer's signature when essential blank spaces not filled—Exceptions.

63.14.080 - Retail installment contracts—Prepayment in full of unpaid time balance—Refund of unearned service charge—"Rule of seventy-eighths."

63.14.090 - Retail installment contracts, retail charge agreements, and lender credit card agreements—Delinquency or collection charges—Attorney's fees, court costs—Other provisions not inconsistent with chapter are permissible.

63.14.100 - Receipt for cash payment—Retail installment contracts, statement of payment schedule and total amount unpaid.

63.14.110 - Consolidation of subsequent purchases with previous contract.

63.14.120 - Retail charge agreements and lender credit card agreements—Information to be furnished by seller.

63.14.123 - Restrictions on electronically printed credit and debit card receipts.

63.14.125 - Lender credit card agreements—Security interests prohibited.

63.14.127 - Retail installment contracts—Dog or cat as security interest.

63.14.130 - Retail installment contracts, retail charge agreements, and lender credit card agreements—Service charge agreed to by contract—Other fees and charges prohibited.

63.14.136 - Retail installment transaction—Unconscionable—Judicial action.

63.14.140 - Retail installment contracts, retail charge agreements, and lender credit card agreements—Insurance.

63.14.145 - Retail installment contracts and charge agreements—Sale, transfer, or assignment.

63.14.150 - Retail installment contracts, retail charge agreements, and lender credit card agreements—Agreements by buyer not to assert claim or defense or to submit to suit in another county invalid.

63.14.151 - Retail installment contracts, retail charge agreements, and lender credit card agreements—Compliance with disclosure requirements of federal consumer protection act deemed compliance with chapter 63.14 RCW.

63.14.152 - Declaratory judgment action to establish if service charge is excessive.

63.14.154 - Cancellation of transaction by buyer—Procedure.

63.14.156 - Extension or deferment of payments—Agreement, charges.

63.14.158 - Refinancing agreements—Costs—Contents.

63.14.159 - New payment schedule—When authorized.

63.14.160 - Conduct or agreement of buyer does not waive remedies.

63.14.165 - Financial institution credit card agreement not subject to chapter 63.14 RCW, but subject to chapter 19.52 RCW.

63.14.167 - Lender credit card agreements and financial institution credit card agreements—Credit to account for returned goods or forgiveness of a debit for services—Statement of credit to card issuer—Notice to cardholder.

63.14.170 - Violations—Penalties.

63.14.175 - Violations—Remedies.

63.14.180 - Noncomplying person barred from recovery of service charge, etc.—Remedy of buyer—Extent of recovery.

63.14.190 - Restraint of violations.

63.14.200 - Assurance of discontinuance of unlawful practices.

63.14.210 - Violation of order or injunction—Penalty.

63.14.903 - Application, saving—1981 c 77.

63.14.910 - Saving—1963 c 236.

63.14.920 - Effective date—1963 c 236.

63.14.921 - Effective date—Saving—1967 c 234.

63.14.922 - Effective date—1993 sp.s. c 5.

63.14.924 - Application—1995 c 249.

63.14.925 - Savings—1995 c 249.

63.14.926 - Effective date—1995 c 249.