PawnSmarts comes pre-configured for Washington's 1991 Unanimous Act — the full 36-tier interest table, 11-point records and 120-day holds are already set up, so the right charge populates the moment you enter the loan.
Washington sets pawn loan charges using a 36-tier statutory schedule (Chapter 133, Laws of 1995) rather than a single interest rate, running from a flat $1.00 on the smallest loans up to 3% of principal on loans of $100 or more. It is the most detailed pawn interest table in the country, and a generic "interest rate" field cannot model it. PawnSmarts has all 36 tiers programmed: enter the loan amount once and the correct charge populates automatically.
| Loan Amount | Charge (1995 schedule) |
|---|---|
| $0–$9.99 | $1.00 fixed |
| $10–$19.99 | $1.25 fixed |
| $20–$29.99 | $1.50 fixed |
| $40–$49.99 | $2.25 fixed |
| $100+ | 3% of principal |
PawnSmarts is month to month at $89/month (Essential) or $129/month (Professional) — no contract, no setup fee — or own Professional outright for a one-time $2,995. We migrate your data for a one-time $295 and you're live in under 24 hours.
Washington's recordkeeping rules (RCW 19.60.010–19.60.105) call for detailed customer and transaction data — height, weight, race, sex, date of birth, address and phone among them. PawnSmarts gives each its own field, so your records stay clean and ready for your annual inspection rather than buried in free-text notes.
When law enforcement places a hold on suspected stolen property, the hold runs 120 days from notification. PawnSmarts records the hold date and computes the expiration automatically. It also flags the written-notice deadline: miss the 20-day notice before a hold expires and the hold extends another 120 days — PawnSmarts reminds you before that happens.
PawnSmarts works offline and auto-syncs, so a dropped connection never stops you from writing a pawn or printing a ticket. It runs on Windows, Mac, iPad, Android or any browser, and on the Professional plan your pledgors get three automatic reminders before each loan is due and can pay online — fewer forfeitures and less time on the phone.
See how PawnSmarts compares on our comparison page, learn the basics in what is pawn shop software, or browse the other states we serve.
Under Chapter 133, Laws of 1995, Washington pawnbrokers charge a fixed fee on small loans — as low as $1.00 on loans under $10 — rising through 36 distinct tiers to 3% of principal on loans of $100 or more. PawnSmarts has every tier pre-programmed, so the correct charge populates automatically when you enter any loan amount.
RCW 19.60.010–19.60.105 requires at least 11 data points for each transaction, including the customer's height, weight, race, sex, date of birth, address and phone number, plus a description of the pledged item. PawnSmarts gives each field its own dedicated entry so your records are clean and ready for the annual inspection required by state law.
When police notify a pawnbroker of a suspected stolen item, a 120-day hold begins, and the pawnbroker must provide written notice within 20 days or the hold automatically extends another 120 days. PawnSmarts tracks both deadlines side by side and sends reminders before each one expires so a missed notice never results in an unintended extension.
Pawn software for Washington typically ranges from about $89 to $300 or more per month depending on the feature set. PawnSmarts is $89/month for Essential or $129/month for Professional, month to month with no contract or setup fee, or a one-time $2,995 for Professional, with data migration for a one-time $295 and go-live in under 24 hours.
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Questions? [email protected] · 800-710-6184