What a loan can cost in Oregon
Examples at an illustrative rate, never above Oregon's cap for the amount. They are not quotes.
Representative example
- Amount borrowed
- $500
- Annual percentage rate (APR)
- 29.99%
- Repayment
- 12 monthly payments
- Payment
- $48.74
- Finance charge
- $84.88
- Total of payments
- $584.88
Example: a $500 installment loan at 29.99% APR repaid in 12 monthly payments of $48.74 costs $584.88 in total, including a finance charge of $84.88. Illustration only; your lender will disclose your actual APR, payment schedule and total cost before you accept a loan.
Representative example
- Amount borrowed
- $1,000
- Annual percentage rate (APR)
- 29.99%
- Repayment
- 12 monthly payments
- Payment
- $97.48
- Finance charge
- $169.76
- Total of payments
- $1,169.76
Example: a $1,000 installment loan at 29.99% APR repaid in 12 monthly payments of $97.48 costs $1,169.76 in total, including a finance charge of $169.76. Illustration only; your lender will disclose your actual APR, payment schedule and total cost before you accept a loan.
Representative example
- Amount borrowed
- $3,000
- Annual percentage rate (APR)
- 29.99%
- Repayment
- 12 monthly payments
- Payment
- $292.45
- Finance charge
- $509.40
- Total of payments
- $3,509.40
Example: a $3,000 installment loan at 29.99% APR repaid in 12 monthly payments of $292.45 costs $3,509.40 in total, including a finance charge of $509.40. Illustration only; your lender will disclose your actual APR, payment schedule and total cost before you accept a loan.
Resources in Oregon
Free and low-cost help in Oregon, each with its official link and the date we checked it.
Lending regulator and complaints
Oregon Division of Financial Regulation (DFR), Dept. of Consumer and Business Services licenses lenders in Oregon.
Check a lender's license File a complaint
dfr.oregon.gov Checked September 23, 2026
Attorney general consumer protection
Takes complaints about scams and unfair debt collection.
doj.state.or.us Checked September 23, 2026
211
Help with rent, utilities, food and other urgent bills.
211info.org Checked September 23, 2026
Legal aid
Free civil legal help if your income is low; income limits vary.
lasoregon.org Checked September 23, 2026
Nonprofit credit counseling
Help with a budget or a debt management plan.
nfcc.org Checked September 23, 2026
Benefits portal
Check whether you qualify for food, cash or other benefits in Oregon.
one.oregon.gov Checked September 23, 2026
Federal complaints
Complaints about any lender, to the Consumer Financial Protection Bureau.
Submit a complaint to the CFPB
consumerfinance.gov Checked September 23, 2026 Available in Spanish
Cheaper options to try first
Worth checking whatever your credit: these can cost less than a high-rate loan.
- Credit union payday alternative loans (PALs). Federal credit unions may offer small loans of up to $2,000 with terms of up to 12 months and an APR no higher than 28%, under NCUA rules (12 CFR 701.21). You usually need to be a member.
- Ask your creditor for a payment plan. Utilities, hospitals and many lenders offer hardship or extended payment plans if you ask before you miss a payment.
- Credit-builder loans: a small loan held in savings while you pay it off, which can help build a payment history.
- Secured credit cards: a card backed by a deposit you make, which can help build credit when you pay on time.
The rules lenders follow in Oregon
Each rule links to its source. How we research state rules.
Allowed in Oregon: installment and personal loans, title loans and payday loans.
| Product | Status | APR cap | Amount | Term | License | Law |
|---|---|---|---|---|---|---|
| Installment and personal loans[1][2][3] | Allowed | 36% APR | Not set by statute | Not set by statute | Consumer Finance license | ORS 725.340; ORS 725.045 |
| Title loans[4][3] | AllowedHigh-cost loan | 36% APR | Not set by statute | At least 31 days | Payday/title loan lender license | ORS 725A.062; ORS 725A.020 |
| Payday loans[5][3] | AllowedHigh-cost loan | 36% APR | Not set by statute | At least 31 days | Payday/title loan lender license | ORS 725A.064; ORS 725A.020 |
| Verified against the statute and regulator on September 23, 2026. Laws change; confirm with the regulator before you borrow. | ||||||
Bars place each APR cap on a 0 to 400% scale; the pin marks the cap. A striped bar means the statute sets no numeric cap.
Rate, fee and license rules in Oregon
Installment and personal loans
- Rate cap
- Consumer finance licensee may charge a finance charge not exceeding the greater of 36% APR or 30 percentage points above the discount window primary credit rate as set annually by the Director effective each January 1, plus other reasonable and bona fide fees/expenses (e.g. amounts exempted under 15 U.S.C. 1605(d)-(e)), prepayment and late fees, and collection expenses.
- Fees
- For precomputed loans repayable in 62 months or less with equal monthly installments: default charge up to 5% of the unpaid installment or $5, whichever is less; deferral charge at the applicable APR; prepayment rebate of unearned interest computed after allowing the licensee to retain the lesser of 10% of the amount financed or $75 (see ORS 725.340 for full formula).
- License
- Consumer Finance license (ORS chapter 725), issued by the Division of Financial Regulation; making these loans without a license is prohibited under ORS 725.045.
Title loans
- Rate cap
- A title loan lender may not make or renew a title loan at a rate of interest exceeding 36% per annum, excluding one permitted one-time origination fee.
- Fees
- Origination fee capped at $10 per $100 borrowed or $30, whichever is less; may not be charged more than once across the loan and its renewals.
- License
- Payday/title loan lender license under ORS 725A.024 (required by ORS 725A.020), Division of Financial Regulation.
Payday loans
- Rate cap
- A payday loan lender may not make or renew a payday loan at a rate of interest exceeding 36% per annum, excluding one permitted one-time origination fee.
- Fees
- Lender may charge no more than one origination fee of $10 per $100 of the loan amount, or $30, whichever is less, across the loan and all renewals.
- License
- Payday/title loan lender license under ORS 725A.024 (required by ORS 725A.020), Division of Financial Regulation.
Rent and jobs in Oregon
Typical rent and the jobless rate, to weigh before a loan payment.
Guides for Oregon borrowers
Check your options in Oregon
Oregon questions
Does Oregon law allow payday loans?
Oregon law allows payday loans. The cost limit is 36% APR. Source: ORS 725A.064; ORS 725A.020.
What is the most a lender can charge in Oregon?
By loan type in Oregon: Installment and personal loans: 36% APR. Title loans: 36% APR. Payday loans: 36% APR.
Where can I file a complaint about a lender in Oregon?
You can file a complaint with Oregon Division of Financial Regulation (DFR), Dept. of Consumer and Business Services, and you can also submit one to the Consumer Financial Protection Bureau. Both links are under Resources in Oregon on this page.
How do I check a lender's license in Oregon?
Oregon Division of Financial Regulation (DFR), Dept. of Consumer and Business Services licenses lenders in Oregon. Use the license link under Resources in Oregon on this page to check a lender before you share your information.
Is there free help paying bills in Oregon?
Yes. Resources in Oregon on this page lists free help, including 211, legal aid, nonprofit credit counseling and benefits portal.
Nearby states
- WashingtonAllowed 25% APR
- IdahoAllowedNo rate limit in state law No rate limit
- NevadaAllowedNo rate limit in state law No rate limit
- CaliforniaAllowed 36% APR
- UtahAllowedNo rate limit in state law No rate limit
Sources
- Public.Law. ORS 725.340. Retrieved September 23, 2026.
- dfr.oregon.gov/help/complaints-licenses/pages/file-complaint.aspx. Retrieved September 23, 2026.
- dfr.oregon.gov. Oregon Division of Financial Regulation (DFR), Dept. of Consumer and Business Services. Retrieved September 23, 2026.
- Public.Law. ORS 725A.062. Retrieved September 23, 2026.
- Public.Law. ORS 725A.064. Retrieved September 23, 2026.
- National Low Income Housing Coalition. Out of Reach 2026: Oregon. Retrieved September 23, 2026.
- U.S. Bureau of Labor Statistics. Local Area Unemployment Statistics (LAUS), All States, Seasonally Adjusted. Retrieved September 23, 2026.
Important disclosures
APRs vary by lender and state in Oregon. Each lender sets its own rates and terms and must show you the APR before you sign.
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- Questions about a lender licensed in Oregon? Contact the Oregon Division of Financial Regulation (DFR), Dept. of Consumer and Business Services or file a state complaint.
- You can submit a complaint about any lender to the Consumer Financial Protection Bureau at consumerfinance.gov/complaint.