Legal Status



54 Or. Rev. Stat. § 725A.010

Loan Terms

Maximum Loan Amount: $50,000 (Loan limit up to 25%of borrower’s net monthly income if earns $60,000 per year or less.)-- need to verify second part

Loan Term: 31

Finance Charge for 14-day $100 Loan: 13

APR for 14-day $100 Loan: 153%

Debt Limits

Maximum Number of Outstanding Loans at One Time: Not mentioned.

Rollovers Permitted: Can renew the same loan up to 2 times. ORS § 725A.064.

Cooling-off Period: 7 days. ORS § 725A.064.

Repayment Plan: Silent

Collection Limits

Collection Fees: Unable to find

Criminal Action: Prohibited, civil action is allowed. ORS § 725A.064