Loans in Oregon: Payday and Installment Options
Page last reviewed: October 28, 2026 · Reviewed for accuracy by Betty Walsh
Yes, you can get a loan in Oregon, and the state keeps the price down: payday loans run 31 to 60 days at 36% interest plus a one-time fee of up to $30, and longer installment loans are capped at 36% APR, fees included.
| Payday loan | 31 to 60 days; 36% interest plus a one-time 10% fee, up to $30 |
| Installment | Over 60 days, up to $50,000; 36% APR including fees |
| Example | $2,000 over 24 months: about $118.09 a month at 36% APR |
| You need | ID, proof of income and a bank account |
| Regulator | Division of Financial Regulation (DFR), 888-877-4894 |
Oregon Loan Costs: $300 for 31 Days to $5,000 Over 3 Years
The most a lender licensed in Oregon can charge, by loan:
| Loan | You repay | Cost (APR) |
|---|---|---|
| $300 payday, 31 days | $339.17 once | $39.17 (~154%) |
| $300 payday, 60 days | $347.75 once | $47.75 (~97%) |
| $1,000, 12 months | 12 × $100.46 | $206 (36%) |
| $2,000, 24 months | 24 × $118.09 | $834 (36%) |
| $5,000, 36 months | 36 × $229.02 | $3,245 (36%) |
Worked out from Oregon's limits as DFR states them, not offers from lenders in our network; a lender can charge less.
On a payday loan, most of the cost is the $30 fee, so the shortest loan has the highest APR. DFR puts the maximum at 153.77%. For fees on smaller loans, see Oregon payday loan rules.
Payday or Installment: Oregon Draws the Line at 60 Days
- You can repay in 31 to 60 days
- You accept up to two renewals at most, then full repayment
- The lender holds an Oregon payday and title lender license
- You need longer than 60 days, with periodic payments
- You borrow up to $50,000 for personal or household use
- The lender holds an Oregon consumer finance license
Banks and credit unions can make payday loans without an Oregon license and lend under their own rules. DFR says Oregon's tribes aren't involved in payday or title lending; tribal lenders based elsewhere can charge more than Oregon allows, so look for an Oregon license.
Title Loans Follow Oregon's Payday Rules
A title loan uses your car as collateral, and the lender holds the title until you repay. The limits match payday loans: 31 to 60 days, 36% a year in interest, a one-time fee of $10 per $100 or $30, whichever is less, and no more than two renewals.
- Longer than 60 days, it counts as an installment loan instead.
- DFR says there are currently no licensed online title lenders in Oregon.
- Paying late can mean losing the car, so DFR warns against any lender that moves to repossess after one late payment.
Getting an Oregon Loan Offer in Three Steps
- Decide the term: 31 to 60 days means a payday or title loan; anything longer is an installment loan at 36% APR or less.
- Submit one request through LendUp. Lenders in our network review it, and any offer shows the APR, payments and total cost before you sign.
- Check the lender's Oregon license, as shown below, and never pay a fee up front: DFR says Oregon law prohibits it.
Payday License or Consumer Finance License? Checking DFR's Records
- Search NMLS Consumer Access by the company's legal name or NMLS number; DFR uses it for payday, title and consumer finance licenses.
- For payday and title loans, also check DFR's list of licensed lenders.
- Be wary of an emailed copy of an Oregon license: DFR warns that real licenses get copied and altered.
Can't find the company? Call DFR toll-free at 888-877-4894. Most complaints are resolved within 60 days.
Common Questions
Can I get a personal loan in Oregon?
Yes. Lenders with an Oregon consumer finance license make personal loans of up to $50,000 for terms over 60 days, at no more than 36% APR including fees. DFR also suggests asking your bank or credit union.
What is the easiest loan to get approved for in Oregon?
No loan is guaranteed; each lender sets its own standards. Oregon law sets the price instead: 36% interest plus a fee of up to $30 on a payday loan, and 36% APR on an installment loan from a licensed lender.
How can I get $2,000 with bad credit in Oregon?
You can apply for an installment loan. Your score doesn't raise the cap for an Oregon-licensed lender: $2,000 over 24 months is about $118.09 a month at 36% APR.
Are payday loans legal in Oregon?
Yes, from licensed lenders, for 31 to 60 days at 36% a year interest plus a one-time 10% fee of up to $30. DFR's list shows 7 storefront and 5 online lenders.
Are title loans legal in Oregon?
Yes, with the same limits as payday loans. DFR says no online title lenders are licensed in Oregon, so an online title offer is a red flag.
Where do I file a complaint about an Oregon lender?
Use DFR's online complaint form or call 888-877-4894 toll-free. DFR can check whether the company is following Oregon law.
Official Sources
General information, not legal advice. Facts on this page were checked against these sources on October 28, 2026.
- Oregon DFR - Payday loans: legal limits
- Oregon DFR - Licensed payday and title lenders
- Oregon DFR - Title loans
- Oregon DFR - Installment loans
- Oregon DFR - Payday and title lender licensing
- Oregon DFR - Consumer finance licensing
- Oregon DFR - Payday loan warning signs
- Oregon DFR - Other ways to borrow
- Oregon DFR - Check a license
- Oregon DFR - File a complaint
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