Compare short-term loans in Portland, Oregon

If you reside in Portland and need more money to keep afloat until your following check will come in, a payday loan can really help whenever you’re out of other choices. Luckily for us, Oregon state law sets caps on just how much your lender may charge in interest and costs, which will help reduce expenses.

Currently have a loan? You technically usually takes away another cash advance — however you chance getting caught in a period of financial obligation.

Can I get a pay day loan in Portland, Oregon?

Yes, you will get a cash advance in Portland, Oregon both on line and to get, though state legislation has many limitations. Here’s everything you can expect:

  • Optimum amount: $50,000
  • Maximum rate of interest: 36%
  • Optimum charges: $10 per $100 lent or $30, whichever is less
  • Terms: 31 to 60 times
  • Renewals: as much as two renewals permitted per loan

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In Oregon, payday loan providers should be certified — this will make it better to inform if they’re legit. Continue reading