Oregon Cash Loans

State Law

Oregon has laws on the book that specifically target the authorization of cash advance loans. Borrowers may not have more than one outstanding payday loan at a time. After three renewals of a payday loan, the state mandates a cooling-off period of one day.

Maximum Loan

Any amount as long as it does not exceed 25% of a customer’s gross monthly income.

Loan Terms

Loan terms vary - they can be anywhere from 31 to 60 days.


Oregon law permits three extensions or rollovers.

Fees and charges:

Finance fees cannot exceed 36% of the amount borrowed. Origination fees may not exceed $10 per every $100 borrowed. Payday lenders may also charge a one-time $25 non-sufficient funds fee and applicable bank fees.

Oregon Cash Loan Debate

If you feel a payday lender is operating unfairly or engaging in illegal collection practices, you can contact your Oregon Attorney General:

Oregon Department of Justice
1162 Court Street NE
Salem, OR 97301-4096