There are no limits on the number of loans per borrower. There is a cooling-off period of seven days required between loans. Collection fees are limited to a $20 NSF fee and proven bank charges. No criminal procedures apply.
Regulating the fine line of payday lending in Oregon is the 2011 Oregon Revised Statutes.
We at PayDayAllDay strongly suggest our consumers to do their research, and carefully analyze and compare the terms of services, rates, fees, and other conditions offered by several lenders before engaging in any borrowing activity.
