2) ALASKA: A person may not engage in the business of making loans of money, credit, goods, or things in action in the amount or of a value of $25,000 or less and charge, contract for, or receive on the loan a greater rate of interest, discount, or consideration than the lender would be permitted by law to charge if the person were not a licensee under this chapter, in the place of first getting a license from the department.
As well as the instance, banking institutions, savings and you may loans, trust businesses, building and you can mortgage associations and borrowing unions are exempt towards licensing requirement
3) ARIZONA: Like other other says, Washington takes into account small financing, in this situation those people not as much as $10,000, is individual fund, whether or not the cash is used private or team intentions.