Payday Loans in Oregon
Oregon permits regulated payday loans for 31–60 days. A new loan may carry interest up to 36% per year plus a one-time origination fee of up to 10% of principal, capped at $30, and no more than two renewals are allowed.
Oregon legal category: Payday Loan · Oregon Revised Statutes Chapter 725A
Oregon payday loans at a glance
- Legal status
- Permitted Regulated
- Legal category
- Payday Loan
- Maximum amount in this regime
- Oregon does not use a $1,000 statutory payday principal ceiling for this route. Chapter 725A defines the regulated short-term product by transaction type and term; PLS Cash Advance uses $200–$1,000 only as an editorial handoff within its current selector.
- Term
- 31–60 days
- Regulator
- Oregon Division of Financial Regulation (DFR)
- Verified
- 2026-09-06
Choose a loan type by amount
PLS Cash Advance currently presents request amounts from $200 to $5,000. The ranges below are navigation guidance between our state loan guides — not statutory limits, eligibility rules, or a promise of approval.
Payday Loans in Oregon
Preferred routing for smaller short-term requests. Oregon payday law is defined primarily by a 31–60 day term and regulated pricing; $1,000 is an editorial handoff, not a statutory payday principal ceiling.
Installment Loans in Oregon
Preferred routing for longer multi-payment requests. Oregon DFR regulates personal consumer-finance loans of $50,000 or less; $5,000 is the current site offer boundary.
Amount and term limits
Oregon does not use a $1,000 statutory payday principal ceiling for this route. Chapter 725A defines the regulated short-term product by transaction type and term; PLS Cash Advance uses $200–$1,000 only as an editorial handoff within its current selector.
Oregon payday loans must run at least 31 days and no longer than 60 days. A longer personal loan falls into the consumer-finance/installment framework.
Interest, fees and repayment
Oregon DFR states that the maximum APR reaches 153.77% when the lender charges the maximum 36% annual interest and maximum permitted origination fee.
A new payday loan may carry a one-time origination fee of up to 10% of principal, capped at $30, plus interest up to 36% per year.
The written agreement must state the due date, fees, rate, and consequences of late payment or default. The normal payday term is 31–60 days.
Rollovers, refinancing and early payment
- Rollover allowed?
- Yes
Oregon allows no more than two renewals or rollovers of an existing payday loan. After two renewals, the loan amount and interest must be paid in full. - Prepayment penalty allowed?
- Not reduced to a yes/no rule
The primary DFR payday guidance used for this dataset does not reduce early-payment treatment to a single statewide prepayment-penalty field, so no yes/no value is asserted here.
Oregon borrower protections
- Oregon payday loans must run at least 31 days and no more than 60 days.
- Annual interest is capped at 36%, and the one-time origination fee is capped at 10% of principal or $30, whichever is lower.
- No more than two renewals or rollovers are permitted.
- Payday lenders must provide a written agreement explaining fees, rate, due dates and default consequences.
- Consumers should verify that a payday lender is licensed by Oregon DFR.
Oregon loan cost calculator
This calculator is an educational illustration based on the structured rules shown on this page. A statutory ceiling is not a typical market price or an offer from a lender.
How to verify a lender in Oregon
Regulator: Oregon Division of Financial Regulation (DFR).
Oregon payday/title lender license unless an exemption applies
Official sources
- Oregon DFR — Payday Loans · primary
- Oregon DFR — Payday and Title Lender Licensing · primary
- Oregon Revised Statutes Chapter 725A — Title and Payday Loans · primary
- Oregon DFR — Licensed Payday and Title Lenders · primary
Last regulatory verification: 2026-09-06. Laws can change; verify current terms and lender status before borrowing. Read our research methodology.