Washington’s labor force totals 2,764,080. The largest segment of this is Office and Administrative Support Occupations with 402,530 workers. Sales and Related Occupations is the second largest segment of its labor force with 256,590 employees. Food Preparation and Serving Related Occupations is Washington’s third largest labor sector with 238,060 workers.
The state’s largest city is Seattle with a population of 608,660. Spokane is the state’s second-largest city. Its population is 208,916. The third-largest city in Washington is Tacoma whose population is 198,397.
Washington’s unemployment rate as of November 2013 was 6.6%. This compares very favorably with the US unemployment rate of 7.3% Seattle’s unemployment is even better at 5.3%. However, Spokane with an unemployment rate of 7.2% and Tacoma with its unemployment rate of 8.0% is worse than that of the state as a whole.
If you think of Washington as the Apple state you would be right. It produces more apples every year than any other state in the union. It’s also number one in glaciers as it has more of them than any of the other 47 contiguous US states.
Washington was admitted to the union on November 11, 1889. Famous Washingtonians include Bill Gates the cofounder of Microsoft, singer Judy Collins, TV host Bob Barker, astronaut Francis Scobee and grunge rocker Kurt Cobain. Seattle is the home of Microsoft Corporation and had the world’s first revolving restaurant. It is also the birthplace of Starbucks, the world’s largest coffee chain.
Washingtonians carry an average credit card debt of $5269. This is just a bit higher than the US average credit card debt per borrower of $5235. They have an average credit score of 700, which is better than the US average credit score of 687. The state’s home ownership rate is just 64.4%, which is slightly less than the US home ownership average of 65%. The state’s residents have a median household income of $62,187. This is considerably better than the US median household income of $51,017.
Washington is comprised of 67,245 square miles. This makes it the nation’s 18th largest state. It ranks 13th in population with a total of 6,724,540 citizens.
Credit Card Debt Reduction & Debt Relief Services in Washington
Washington Debt Reduction Programs and Laws
Good news, our debt relief services are available in the state of Washington. National Debt Relief can help those struggling with credit card debts. Now allow us to provide you with the information that will help you learn about the best debt relief options in your state.
Credit card debt settlement is a way to reduce your debts with the creditor or collection agency to only pay back a fraction of the original amount owed. This method works because you pay less yet the creditor still recovers some of their loss.
However, you may not have to even apply for credit card debt settlement if the statute of limitations is up in your state and the debt no longer appears on your credit report. Legally, credit companies must recover the debt in a period of time specified by the state or the debt is no longer recoverable after this time period. Read on to find out if the statute of limitations is up for you.
(This is intended to be a helpful and informational debt resource for Washington consumers and does not constitute legal advice.)
Washington follows the set of laws that are collectively known as the Fair Debt Collection Practices Act (FDCPA).
- Debt collector must:
- Include name and address of agency and name of the creditor in all written communications.
- Include an itemization showing the amount owed on the original debt, interest charges, and any other fees (late fees, attorney’s fees, etc.) in the initial written communication.
- Notify the credit bureaus that a debt has been satisfied within 45 days of the debt’s satisfaction.
- Debt collector cannot:
- Threaten debtor with harm to their credit rating.
- Communicate with the debtor more than 3 times in one week or at work more than once per week.
- Make more than one contact with a debtor concerning a debt that arose from identity theft or any other fraudulent activity out of the debtor’s control (stolen checkbook, lost ATM card, etc.)
Maximum Interest Rate a Collection Agency Can Charge in Washington: 12%
Washington Wage Protection: 75% of disposable weekly earnings (after tax income) or 40 times federal hourly minimum wage, whichever is greater.
Statute of Limitations
A statute of limitations is a law that sets forth the maximum period of time, after certain events, that legal proceedings based on those events may be initiated. For debt, the statutes of limitation apply to the maximum period of time after a consumer has become delinquent on their payments. The key point to remember is that you are considered delinquent not from the date of your last payment, but rather the day after you have gone past due. In other words, if you made your last payment on 3/3/03 and your next payment was due the same day of the next month, the statute of limitations on the debt would not start running until 4/4/04. The statutes of limitations vary from state to state and depend on the type of debt and where the original transaction took place (i.e. if you took the loan out in Florida but currently live in Washington, the applicable statutes of limitations would be Florida’s). Oral Agreements: 3 years
Written Contracts: 6 years
Promissory Notes: 6 years
Open Accounts (credit cards): 3 years
Whether you have unsecured credit cards, medical bills, personal loans or collection accounts, there’s help for you. The National Debt Relief Group offers a free consultation. You can fill out our Short Application and one of our debt specialists will contact you within minutes, or you can call now – (888) 703-4948.