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Oregon Payday Loan

State Laws Applicable to the Payday Loan Industry:
That payday advance industry in Oregon is regulated by the Department of Consumer & Business Services. In 2006, new payday laws were passed to enhance the protection of consumers and lenders in the industry. Most importantly, legal limits were placed on the amount of interest, origination fees, and additional fees charged by creditors, the number of loan renewals permitted, fees charged due to NSF or dishonored checks, stringent control over online cash advance transactions, among other loan restrictions.

Maximum Cash Advance Loan Amount Issued:
Lenders can issue up to 25% of the consumer’s monthly earnings.

Length of Payday Loan Term:
Cash advance loans periods can extend up to 60 days.

Cash Advance Loan Extensions:
Two payday advance renewals per borrower are permitted.

Payday Loan Fees and Additional Charges:
Cash advance businesses are permitted to charge a maximum interest rate of 36% per year on payday loans. Lenders can also charge up to $10 per $100 of the loan value in “origination” fees and a $25 fee for non-sufficient funds.

Cash Advance Fee Schedules and Annual Percentage Rate (APR):
There is no limit or cap placed on APR on payday advance loans in Oregon.

Cash Advance Directory


Company: Allied Cash Advance Llc
Street Address: 2401 Ne Cornell Rd Ste U
City: Hillsboro
State: OR
Zip: 97124
Phone: [503] 640-0705

Company: Check Cash Pacific Inc
Street Address: 19043 Se Stark St
City: Portland
State: OR
Zip: 97233
Phone: [503] 492-6111

Company: Quick Check Cashing Services
Street Address: 2311 South 6Th Street
City: Klamath Falls
State: OR
Zip: 97601
Phone: [541] 882-6898

Company: Traders Pawn Inc
Street Address: 764 Southwest 6Th Street
City: Grants Pass
State: OR
Zip: 97526
Phone: [541] 476-6740

Company: Quik Check
Street Address: 1228 North Riverside Avenue Suite 1
City: Medford
State: OR
Zip: 97501
Phone: [541] 732-1500


Click here for more Oregon cash advance companies.

Debt Management Directory


Company: Oak Brook Financial Corp
Street Address: 207 Sw 1St Ave Ste 107
City: Canby
State: OR
Zip: 97013
Phone: [503] 266-2274

Company: Hammer Financial Group
Street Address: 8905 Sw Nmbus Ave Ste 160
City: Beaverton
State: OR
Zip: 97008
Phone: [503] 520-9988

Company: Citilending Inc
Street Address: 11821 Se Market Dr
City: Clackamas
State: OR
Zip: 97015
Phone: [503] 698-7442

Company: Wells Fargo Bank N A
Street Address: 6194 Sw Murray Blvd
City: Beaverton
State: OR
Zip: 97008
Phone: [503] 672-9233

Company: Washington Mutual Bank
Street Address: 17675 Sw Farmington A
City: Beaverton
State: OR
Zip: 97007
Phone: [503] 356-1220


Click here for more Oregon credit card debt management companies.

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