Payday Loans in Gleneden Beach, Oregon

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

Company nameAddressZip codePhone number
Umpqua Bank 150 W Main St, John Day, OR 97845 +1 (541) 575 - 0257
Andy Meeuwsen - COUNTRY Financial representative 51379 US-97, La Pine, OR 97739 +1 (541) 536 - 0340
Cash Connection Grants Pass 764 SW 6th St, Grants Pass, OR 97526 +1 (541) 476 - 6740
Horizon Credit Union 209 Depot St, La Grande, OR 97850 +1 (800) 852 - 5316
Gary Gaska Tax Consultant 33 NW 3rd St, Gresham, OR 97030 +1 (503) 666 - 7100
Evergreen Home Loans Medford NMLS 9042 3200 Hillcrest Park Dr Suite 102, Medford, OR 97504 +1 (541) 779 - 6591
Umpqua Bank 2943 S 6th St, Klamath Falls, OR 97603 +1 (541) 882 - 7233
United Finance 188 SE 4th Ave, Hillsboro, OR 97123 +1 (503) 648 - 4141
Northwest Community Credit Union 1532 NE F St, Grants Pass, OR 97526 +1 (800) 452 - 9515
Evergreen Home Loans Salem NMLS 1622171 3400 State St Suite G-710, Salem, OR 97301 +1 (971) 701 - 2531

Payday Loan Companies in Nearby Cities

If there are no payday loan companies in Gleneden Beach, OR, you can try to find different companies in big cities near by. Check out the following pages here: Payday Loans in Albany, OR, Payday Loans in Beaverton, OR, Payday Loans in Bend, OR, Same Day Loans in Corvallis, OR, Payday Loans in Eugene, OR, Payday Loans in Grants Pass, OR, Payday Loans in Gresham, OR and Payday Loans in Hillsboro, 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 Gleneden Beach, OR.

Beautiful sights of Gleneden Beach, OR

Payday Loans Available in Gleneden Beach, OR By The Following ZIP Codes:

97388

Are Payday Loans Legal In Gleneden Beach, 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

Gleneden Beach, OR payday loan calculator

Payday loans in Gleneden Beach, Oregon: Everything you need to know to make a smart decision.

What are payday loans?

Payday loans are an option for those who need quick cash but don’t have access to traditional loans or credit. They are short-term loans that usually have to be repaid on the borrower’s next payday. Payday loans can be a lifesaver for people in need of immediate funds for unexpected expenses, or when they are unable to access credit from other sources.

Are payday loans legal in Oregon?

Yes, payday loans are legal in Oregon. However, the state has several regulations in place to protect consumers from predatory lending practices. These regulations limit the amount that can be borrowed, the fees that can be charged and the repayment period of the loan.

Payday loans in Gleneden Beach, Oregon

Gleneden Beach is a small coastal town in Lincoln County, Oregon. If you are in need of a payday loan in the Gleneden Beach area, there are options available to you. However, before taking out a payday loan, it’s important to understand the risks associated with this type of lending, as well as the regulations in Oregon that protect you as a borrower.

Regulations for payday loans in Oregon

Oregon has put several regulations in place to protect consumers from predatory lending practices. In Oregon, payday loans are limited to a maximum of $50,000 per borrower. The maximum annual percentage rate (APR) that can be charged is 36%. Additionally, lenders are required to provide borrowers with a written agreement that clearly outlines the terms of the loan, including the APR, fees, and repayment schedule.

Interesting fact: According to a report by the State of Oregon, the average payday loan in Oregon is $374 and the average APR is 154%.

The risks of payday loans

While payday loans can be a quick solution to a financial emergency, they can also be a trap for borrowers who find themselves in a debt cycle. Because of the high-interest rates and short-term repayment periods, borrowers often struggle to repay the loan on time and must take out another loan to cover the original loan and its fees. This cycle, known as the payday loan trap, can leave borrowers in a never-ending debt cycle with high-interest rates and fees.

Alternatives to payday loans

If you are in need of immediate funds, there are alternatives to payday loans that are less risky. Some of these options include:

  • Credit card cash advances
  • Personal loans
  • Borrowing from friends or family
  • Salary advances from employers

Apply now

If you are considering a payday loan, it’s important to do your research and understand the risks and regulations associated with this type of lending. TheGuaranteedLoans is a connector service that can help match you with potential lenders who offer payday loans in Gleneden Beach and throughout Oregon. Simply fill out our online application to get started. Please note that TheGuaranteedLoans is not a direct lender and we do not charge fees for our services.

Remember, payday loans should be a last resort for emergency funding. Be sure to weigh all your options and make a smart decision that works for your specific financial situation.

F.A.Q.

Can I apply for a payday loan in Gleneden Beach, Oregon if I am self-employed?

Yes, borrowers who are self-employed can apply for a payday loan in Gleneden Beach, Oregon. However, they may need to provide additional documentation, such as tax returns or bank statements, to verify their income.

What should I do if I feel I have been a victim of a predatory payday lender in Gleneden Beach, Oregon?

If a borrower feels they have been a victim of a predatory payday lender in Gleneden Beach, Oregon, they can file a complaint with the Oregon Division of Financial Regulation. The division will investigate the complaint and take appropriate action, such as enforcing penalties or revoking the lender's license. Borrowers can also seek legal assistance to protect their rights and seek compensation for any harm they have suffered.