Payday Loans in Trail, Oregon

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

Company nameAddressZip codePhone number
Umpqua Bank 245 Commercial St SE, Salem, OR 97301 +1 (503) 588 - 7424
Banner Bank 2024 Washington Ave, Baker City, OR 97814 +1 (541) 523 - 4240
Medtrust Capital 15171 Bangy Rd 111, Lake Oswego, OR 97035 +1 (800) 941 - 1023
Washington Federal Bank 29028 SW Town Center Loop E, Wilsonville, OR 97070 +1 (503) 682 - 2733
U.S. Bank ATM - Redmond 314 SW 6th St, Redmond, OR 97756 +1 (800) 872 - 2657
U.S. Bank ATM - Baker City 2000 Main St, Baker City, OR 97814 +1 (800) 872 - 2657
Vaughn Chris CPA 115 S 20th St 1, Reedsport, OR 97467 +1 (541) 271 - 3636
Oregon State Credit Union 1550 N Pacific Hwy, Woodburn, OR 97071 +1 (800) 732 - 0173
Marshall Commercial Funding 1600 SW Cedar Hills Blvd 101a, Portland, OR 97225 +1 (503) 614 - 1808
First Community Credit Union 701 Hostetler Way W, The Dalles, OR 97058 +1 (541) 296 - 3585

Payday Loan Companies in Nearby Cities

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

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

97541

Are Payday Loans Legal In Trail, 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

Trail, OR payday loan calculator

Payday Loans in Trail, Oregon: Everything You Need to Know

If you’re in Trail, Oregon, and need quick access to additional funds, you may be considering a payday loan. Despite their high-interest rates, payday loans can be a valuable tool for those who need emergency cash. In this article, we’ll cover everything you need to know about payday loans in Trail, Oregon.

Understanding Payday Loans

Payday loans are short-term loans typically issued in small amounts. They’re designed to be repaid on the borrower’s next payday. In Oregon, payday loans are legal, and there are certain regulations in place to protect consumers.

An important thing to keep in mind is that payday loans should only be used in emergencies when all other options have been exhausted. They come with high-interest rates and can result in a cycle of debt if not managed properly.

Applying for a Payday Loan in Trail, Oregon

If you’ve decided that a payday loan is the right option for you, the first step is to find a lender. TheGuaranteedLoans is a connector service that can help match you with potential lenders.

To apply for a payday loan in Trail, Oregon, you’ll typically need to provide the following information:

  • Proof of income
  • Proof of employment
  • A valid ID
  • Your Social Security number
  • Your bank account information

Once you’ve submitted your application, a lender will review it and determine if you’re eligible. In most cases, you’ll receive a decision within minutes. If you’re approved, the funds will be deposited into your bank account within one business day.

Paying Back Your Payday Loan

Payday loans are designed to be repaid on your next payday, but some lenders may offer more flexible repayment plans. When you take out a payday loan, you’ll agree to the repayment terms with the lender. It’s essential to read the agreement carefully and make sure you understand the terms before signing.

If you’re unable to repay your loan on time, you may be hit with additional fees and interest charges. It’s crucial to communicate with your lender if you’re having trouble making payments. In some cases, they may be willing to work with you to develop a repayment plan that fits your budget.

Interesting Facts and Statistics about Payday Loans in Trail, Oregon

  • Oregon law limits payday loans to $50,000 or less, with a maximum loan term of 60 days.
  • In 2019, Oregon lawmakers passed a bill that lowered the interest rate on payday loans to 36%, down from a previous cap of 154%.
  • According to a report by the Oregon Department of Consumer and Business Services, the number of payday loans issued in Oregon decreased by 30% between 2015 and 2019.

Apply Now

If you’re in need of emergency cash and are considering a payday loan, TheGuaranteedLoans can help. We’re a connector service that can match you with potential lenders in Trail, Oregon. Keep in mind that we’re not a direct lender and don’t make lending decisions. Our goal is to facilitate your connection with potential lenders and help you get the funds you need.

To get started, visit our website and fill out our online application. We’ll collect some basic information from you and use it to match you with potential lenders. If you’re approved, you could receive the funds you need within one business day.

Final Thoughts

Payday loans can be a valuable tool for those who need emergency cash. However, they’re not without risks. It’s essential to read the agreement carefully, make sure you understand the terms, and only apply for a payday loan if you have exhausted all other options. If you’re considering a payday loan in Trail, Oregon, TheGuaranteedLoans can help you find lenders who can provide the funds you need.

F.A.Q.

Should I consider taking out a payday loan in Trail, Oregon?

Borrowers should carefully consider whether a payday loan is the right option for their financial situation. Payday loans can provide quick access to funds, but they also come with high interest rates and fees that can make them expensive in the long term. Borrowers should weigh the potential risks and benefits before taking out a payday loan in Trail, Oregon.

Can I apply for a payday loan in Trail, Oregon if I am not a resident of the state?

No, to apply for a payday loan in Trail, Oregon, borrowers must be residents of the state. Borrowers should check the eligibility requirements of the lender they are considering to ensure they meet the necessary criteria.