Payday loans in Oregon
Oregon law (ORS chapter 725A) lets licensed lenders issue payday loans with terms of at least 31 days, capped at 36% yearly interest and a single origination fee.
- Payday lending
- Allowed
- Max cost
- None in the law
- Top amount
- The payday loan definition sets a $50,000 ceiling and no other dollar limit; rules also cap lending at 25% of monthly net income when a borrower's yearly earnings are $60,000 or under.
Are payday loans legal in Oregon?
Yes, the Oregon payday and title loan law permits licensed lenders to offer legal payday loans in Oregon. The law requires every loan to last 31 to 60 days, so two-week loans are illegal. Lenders may charge one origination fee to open the loan, plus up to 36 percent yearly interest. This fee cannot go over $10 per $100 borrowed, with a total cap of $30. Lenders must wait seven days after you fully repay a loan before making a new one, and you may renew only twice.
All payday lenders in Oregon must hold a state license, even online ones. A 2026 law also stops internet lenders from using out-of-state banks to get around the 36 percent cap on longer loans. Tribal lenders may, however, claim independence from state government to charge rates higher than Oregon law allows. Before you apply, look at the licensed-lender list from the Oregon Division of Financial Regulation to confirm the company holds a licence.
- The usual two-week payday loan is illegal in Oregon because terms there must be at least 31 days.
- Charges are limited to 36% annual interest plus one origination fee of $10 per $100, up to $30; 153.77% APR is the regulator's all-in ceiling.
- An Oregon administrative rule states individuals earning $60,000 a year or less cannot receive loans exceeding 25% of monthly net income.
- Seven days must pass after a payday loan is repaid before a lender makes a new one, and renewals of an existing loan are limited to two times.
- With HB 4116 (2026), effective June 5, 2026, Oregon opted out of DIDMCA interest rate exportation, preventing out-of-state banks from exceeding the 36% consumer finance limit.
- After brokering loans at 126% to 178% through an out-of-state bank, LoanMart received a January 2026 DFR order to repay $900,000.
Oregon payday loan laws
- Law in force
- Oregon law on payday and title loans (ORS chapter 725A)
- Cited as
- ORS 725A.010 through 725A.995 (payday rules: ORS 725A.064)
- Fees under the law
- Yearly interest over 36 percent, leaving aside the one-time origination fee. That origination fee is limited to one: $10 for every $100 financed or $30, whichever is lower.
- Most you can borrow
- The payday loan definition sets a $50,000 ceiling and no other dollar limit; rules also cap lending at 25% of monthly net income when a borrower's yearly earnings are $60,000 or under.
- How long a loan runs
- 31 days to 60 days
- Rollovers
- You may renew a payday loan only two times.
- Cooling-off gap
- Lenders cannot issue a new payday loan until seven days after a consumer fully repays a previous one.
- Installment lending limits
- For consumer finance loans up to $50,000 with durations past 60 days, interest and fees combined must stay at or below 36 percent annual percentage rate.
Also checked against dfr.oregon.gov. Full statute text.
Online lenders that list Oregon
Seven companies we track say they lend in Oregon: 6 tribal lenders and 1 loan broker.
| Lender | Kind | Posted APR |
|---|---|---|
 Viva Payday Loans | Broker | Partner lenders quote 4.99% to 1,386% |
Tribal loans in Oregon
Every payday or title lender, even an online one, must hold an Oregon licence, the state says. It cautions that tribal lenders may claim sovereignty and seek rates above state-law limits. In 2026, Oregon used an order to cease and desist, plus HB 4116, so out-of-state bank partnerships could not exceed its 36% cap.
On the immunity claim tribal lenders make, see are tribal loans legal.
Six tribal lenders we track list Oregon as a state they lend in. Three of the six publish an APR, from 73.7% to 725%.
| Lender | Posted APR |
|---|---|
 Mobiloans | 73.7% to 405% |
 Spotloan | 99% to 490% |
 BrightLending | 325% to 725% |
 MaxLend | Not published |
 Minto Money | Not published |
| American Web Loan | Not published |
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Oregon and the states around it
| State | Payday lending | Max cost | Top amount |
|---|---|---|---|
| Oregon | Allowed | None in the law | The payday loan definition sets a $50,000 ceiling and no other dollar limit; rules also cap lending at 25% of monthly net income when a borrower's yearly earnings are $60,000 or under. |
| California | Allowed | $17.65 per $100 borrowed | The check itself can be written for no more than $300. |
| Idaho | Allowed | None in the law | No more than 25% of your gross monthly income may be borrowed, with a principal limit of $1,000. |
| Nevada | Allowed | None in the law | The customer's expected gross monthly income sets a ceiling: the loan and any other outstanding loans combined must not go over 25 percent of it. |
| Washington | Allowed | $15.00 per $100 borrowed | The lower figure applies to combined small loans owed at once: $700, or 30% of that borrower's gross income for the month. |
Oregon loans with no credit check
Installment loan rates: For consumer finance loans up to $50,000 with durations past 60 days, interest and fees combined must stay at or below 36 percent annual percentage rate.
See no credit check loans: the checks lenders still run, and the price.
Verify a lender's license in Oregon
- Look the lender up on the license list before you hand over any bank details.
- Lenders here answer to the Oregon Division of Financial Regulation (DFR), Department of Consumer and Business Services.
- Had trouble with a lender? Report the lender.
Sources for Oregon
- Lenders cannot set yearly interest higher than 36% on a payday loan, not counting the one-time origination fee.; The rules allow only a single origination fee on any loan, set at $10 per $100 or $30, taking the lower amount.; No one may issue or extend a payday loan for any period under 31 days.oregonlegislature.gov
- According to DFR, the highest APR with all fees included is 153.77%, and you may renew a loan only twice.; DFR states that Oregon requires every payday and title lender, even those online, to hold a license.; DFR warns tribal lenders may claim sovereignty to charge above what state law allows.dfr.oregon.gov
- Rules bar a licensee from lending over 25% of monthly net income to any borrower whose yearly earnings are $60,000 or less.secure.sos.state.or.us
- Consumer finance installment loans with terms over 60 days and amounts of $50,000 or less need a licence and face a 36% APR cap that includes fees.dfr.oregon.gov
- Starting June 5, 2026, HB 4116 (2026) shut a gap that allowed internet lenders to go over the 36% consumer finance limit.; Oregon's right under federal law to withdraw from DIDMCA interest rate exportation is exercised by HB 4116.dfr.oregon.gov
- LoanMart (Wheels Financial Group) received a January 2026 DFR order to repay $900,000 because its consumer finance loans went over the 36% cap.; Through a rent-a-bank deal with an out-of-state bank, LoanMart arranged loans with interest between 126% and 178%.apps.oregon.gov
- DFR posts licensed payday and title lender names, with a few online lenders included, and receives complaints by phone or through its online form.dfr.oregon.gov
- Consumer finance company lookups go to NMLS Consumer Access via the DFR licence check page.dfr.oregon.gov