You must inform the borrower that he or she has a right to convert the small loan to an installment plan. See WAC
208-630-520.
[Statutory Authority: RCW 43.320.040, 31.45.200, and 2009 c 510. 09-24-089, ยง 208-630-506, filed 12/1/09, effective 1/1/10.]