Oregon Payday Loans
Get up to $5000
Start your online loan
application today!
By submitting your information you agree to Privacy Policy, Terms of Use and Responsible Lending Practices

Oregon Payday Loans - Apply for a Fast Cash Today

If you’re experiencing hard times when it comes to your funds, you might already be thinking about taking a payday loan. Well, that is not a bad idea at all. Loans are a great help, especially when you have a problem that can only be fixed by money. When you lack the cash necessary for solving your problem, getting a payday loan is a great idea.

Receiving such a loan means that you’re a responsible person who is willing to return the money by the date the paycheck is due.

For more info about payday loans in Oregon, keep reading!

Oregon Payday Loans

General info on payday loans

The amount of money that you can borrow from a lender before the paycheck in case of an emergency is known as a payday loan. Usually, people seek a lender’s help when they are experiencing financial hardship and they need urgent money for something. This can happen at any moment, and that’s the reason why payday loans exist: to offer you a hand when you’re at your lowest.

For a better understanding, imagine that you are driving your car, and it’s not working properly anymore and stops in the middle of the street. Maybe you need your car to go to work or take your kids to school. Basically, it’s something you can’t live without, so it needs to be fixed. You want to take it to the service, but the reparations cost a lot and you don’t have money. Well, a loan can help you in this situation.

Request a Loan:

Oregon (OR) Payday Loans – Are they legal?

Payday loans in Oregon are completely legal. The 54 Oregon Revised Statute § 725A.010 et seq. governs these loans.

The terms for the loans are usually from 31 to 60 days. Loan lenders may not charge higher than a fee of $10 per $100 and a 36% interest fee. The APR of a 31-day $100 loan is 154%.

Oregon payday loans benefit from great laws. You can have as many loans as you want at a time and you are also allowed to have two renewals.

However, you cannot borrow loans in a higher amount than $50,000. The money must be used for expenses such as household, family, and personal situations. If you have an annual income that is lower than $60,000, 25% of your net monthly income is your limit.

What are the requirements for payday loans in Oregon?

To apply for a payday loan online (learn more), you need to be an American citizen or permanent resident of the US and be at least 18 years old. You must also have a consistent source of income.

Some information is required from you, whether you apply in-store or online. Your name, address, job information, phone number or email are included. The lender might request your Social Security Number as well. However, online applications require you to let your lender access your checking account. This way, he can deposit your loan and take the amount back when you get your salary.


As you can see, payday loans in Oregon have many benefits, and you won’t regret getting them. As soon as you solve all your problems, you will be happy with the choice you made.

Have a question?

Customer notice: Short-term loans are not intended to be long-term financial solutions. Customers with credit difficulties should seek credit counseling. A single payday advance is typically for two to four weeks. However, borrowers often use these loans over a period of months, which can be expensive.

Equal Credit Opportunity Rights notice: The Federal Equal Credit Opportunity Act prohibits creditors from discriminating against credit applicants on the basis of race, color, religion, national origin, sex, marital status, age (provided the applicant has the capacity to enter into a binding contract); because all or part of the applicant's income derives from any public assistance program; or because the applicant has in good faith exercised any right under the Consumer Credit Protection Act. The Federal agency that administers compliance with this law concerning this creditor is the Consumer Financial Protection Bureau, 1700 G Street NW, Washington DC 20006 and the Federal Trade Commission, Equal Credit Opportunity, Washington DC 20580.

© 2017-2023 PaydayMe. All rights reserved. 340 S Lemon Ave #2969 Walnut, CA 91789