Payday Loans in Blachly, Oregon

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No payday loan companies in Blachly, OR. Consider companies in other cities:

Company nameAddressZip codePhone number
OSU credit union 3330 Cooperative Way, Lebanon, OR 97355
CASHCO Financial Services, Inc. 1922 Marcola Rd, Springfield, OR 97477 +1 (541) 736 - 8600
Walmart Money Center 901 Row River Rd, Cottage Grove, OR 97424
Cashco Financial Services Inc 5456 River Rd N, Keizer, OR 97303 +1 (503) 585 - 3321
Directors Mortgage 1600 North Coast Highway 101 Suite 1656, Newport, OR 97365 +1 (541) 994 - 6003
First Community Credit Union 434 SE Washington St, Hillsboro, OR 97123 +1 (503) 648 - 8642
ACE Cash Express 3012 Pacific Ave, Forest Grove, OR 97116 +1 (503) 359 - 1165
Clackamas County Bank 67403 US-26, Welches, OR 97067 +1 (503) 622 - 3131
Clatskanie Wauna Credit Union 101 Truhaak St SE, Clatskanie, OR 97016 +1 (800) 773 - 3236
Reliable Credit Association Inc. 1005 N Riverside Ave 300, Medford, OR 97501 +1 (541) 773 - 2423

Payday Loan Companies in Nearby Cities

If there are no payday loan companies in Blachly, OR, you can try to find different companies in big cities near by. Check out the following pages here: Payday Loans in Keizer, OR, Payday Loans in Lake Oswego, OR, Payday Loans in McMinnville, OR, No Credit Check Loans in Medford, OR, No Credit Check Loans in Oregon City, OR, Payday Loans in Portland, OR, Payday Loans in Salem, OR and Guaranteed Loans in Springfield, OR. But also, you can apply for a loan online, not coming out of your home. Just fill out a simple application on our website and we will connect you with trusted direct lenders in Blachly, OR.

Beautiful sights of Blachly, OR

Are Payday Loans Legal In Blachly, Oregon?

Loan Rates and Fees, Laws and Regulations in Oregon.

Oregon Loan Regulations

Legal StatusLegal
Interest Rate (APR, %)154
Maximum Loan Amount$50,000
Minimum Loan Term31 days
Maximum Loan Term60 days
Number of Rollovers Allowed2
Finance Charges36% APR

Blachly, OR payday loan calculator

Payday Loans in Blachly, Oregon: What You Need to Know

If you find yourself in a financial bind, you may be considering a payday loan. Payday loans are a common type of short-term loan that many people rely on to help make ends meet. In Blachly, Oregon, payday loans are legal, which means that borrowers have access to these loans if they need them. However, it’s important to understand how payday loans work and what to expect before you decide to borrow.

What are Payday Loans?

A payday loan is a type of short-term loan that is usually due on your next payday. These loans are meant to help borrowers cover unexpected expenses or bills that they may not be able to pay for with their regular income. Payday loans are typically smaller loans, ranging from $100 to $1,000, and are intended to be repaid in a few weeks.

Payday loans can be helpful in some situations, but they also have some downsides that borrowers should be aware of. For one, payday loans can have high interest rates and fees, which can make them very expensive. Additionally, if borrowers are not able to repay their loans on time, they can incur additional fees and charges, which can add to their financial difficulties.

Are Payday Loans Legal in Blachly, Oregon?

Yes, payday loans are legal in Oregon, including in Blachly. However, there are some regulations in place to protect borrowers from predatory lending practices. In Oregon, payday loans can not exceed $50,000, and lenders are prohibited from charging more than 36% interest.

While these regulations can help protect borrowers, it’s still important to be cautious when considering a payday loan. Borrowers should only take out a payday loan if they are confident that they can repay it on time and in full, to avoid any additional fees or charges.

The Pros and Cons of Payday Loans

Like any type of loan, payday loans have both pros and cons. Here are some of the key advantages and disadvantages to consider:

  • Pro: Quick and easy application process
  • Pro: Available to borrowers with bad credit or no credit
  • Con: High interest rates and fees
  • Con: Short repayment terms can be difficult to meet
  • Con: Can lead to a cycle of debt if not used responsibly

Interesting Facts and Statistics about Payday Loans in Blachly, Oregon

  • According to the Oregon Department of Consumer and Business Services, the average payday loan amount in Oregon is $378.
  • In 2019, Oregon lawmakers passed House Bill 123 which created additional consumer protections for payday loan borrowers. These include limiting the amount of fees and interest that can be charged and providing borrowers with a 60-day repayment plan if they are unable to repay their loans on time.

Apply Now and Connect with Potential Lenders

If you are considering a payday loan in Blachly, Oregon, TheGuaranteedLoans can help connect you with potential lenders. We are a connector service, which means that we work with a network of lenders to help you find a loan that meets your needs. Fill out an application on our website to get started today.

Remember, while payday loans can be helpful in some situations, they are not a long-term solution for financial difficulties. Be sure to consider all of your options, and only borrow what you can afford to repay.

F.A.Q.

Can I be charged a late fee if I miss a payment on my payday loan in Blachly, Oregon?

Yes, lenders are allowed to charge a late fee if a borrower misses a payment on their payday loan in Blachly, Oregon. The maximum late fee is $10 or 5% of the unpaid amount, whichever is less.

Can a lender contact my employer or family members about my payday loan in Blachly, Oregon?

No, a lender cannot contact your employer or family members about your payday loan in Blachly, Oregon unless you give them permission to do so.