Payday Loans in Walton, Oregon

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

Company nameAddressZip codePhone number
Alden E Hamlin EA Inc 620 Spruce St, Myrtle Point, OR 97458 +1 (541) 572 - 5366
Umpqua Bank 10135 SE Sunnyside Rd Suite 120, Clackamas, OR 97015 +1 (503) 451 - 2212
U.S. Bank Branch 610 E Broadway Ave, Milton-Freewater, OR 97862 +1 (541) 938 - 3338
Check Cash Pacific 10359 SW Canyon Rd, Beaverton, OR 97005 +1 (503) 626 - 4939
United Finance 315 NE Nash St, Roseburg, OR 97470 +1 (541) 673 - 5581
RK Payday Loan Portland Payday Loan Portland, Payday Loan in Portland, 2109 SW Columbia St, Portland, OR 97201 +1 (866) 971 - 7538
Bank of America with Drive-thru ATM 29778 Town Center Loop W, Wilsonville, OR 97070 +1 (503) 682 - 2611
Excel Financial of Portland Inc. 3809 SW Hall Blvd, Beaverton, OR 97005 +1 (503) 520 - 1444
Lasalle Street Securities Llc 75 SE Byers Ave, Pendleton, OR 97801 +1 (541) 276 - 0121
Rivermark Community Credit Union 15963 SE Happy Valley Town Center Dr, Happy Valley, OR 97086 +1 (800) 452 - 8502

Payday Loan Companies in Nearby Cities

If there are no payday loan companies in Walton, 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, Short-term Loans in Bend, OR, Payday Loans in Corvallis, OR, Bad Credit Loans in Eugene, OR, 24-Hour Loan 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 Walton, OR.

Are Payday Loans Legal In Walton, 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

Walton, OR payday loan calculator

What You Need to Know About Payday Loans in Walton, Oregon

If you’re living in Walton, Oregon, and you’re in a financial bind, you may be considering a payday loan. While payday loans can seem like a quick and easy solution, they’re not without risks. In this article, we’ll explore everything you need to know about payday loans in Walton, Oregon, so you can make an informed decision about whether they’re the right choice for you.

What is a Payday Loan?

A payday loan is a short-term loan that’s designed to be paid back with your next paycheck. When you take out a payday loan, you’ll typically be required to provide proof of income and a post-dated check or authorization to withdraw the loan amount plus fees from your bank account on your next payday.

Are Payday Loans Legal in Oregon?

Yes, payday loans are legal in Oregon. The state of Oregon has regulated payday loans to protect consumers from predatory lending practices. The following are some of the regulations surrounding payday loans in Oregon:

  • Maximum loan amount: $50,000
  • Maximum loan term: 60 days
  • Maximum APR: 36%
  • Finance charge: $10 per $100 borrowed, or 36% interest
  • One renewal permitted

How to Apply for a Payday Loan in Walton, Oregon

Applying for a payday loan in Walton, Oregon is a relatively simple process. You can apply online or in person at a payday loan storefront. The following are some of the requirements to apply:

  • Valid government-issued ID
  • Proof of income
  • Active checking account
  • Post-dated check or authorization to withdraw the loan amount on your next payday

The application process typically takes just a few minutes, and you can receive your loan funds as soon as the same day.

The Risks of Payday Loans

While payday loans can seem like a quick and easy solution, they’re not without risks. The following are some of the risks associated with payday loans:

  • High fees: Payday loans come with high fees and interest rates, which can make them difficult to pay off and can lead to a cycle of debt.
  • Short repayment periods: Payday loans must be repaid with your next paycheck, which can be difficult if you’re already struggling financially.
  • Predatory lending practices: Some payday lenders engage in predatory lending practices, such as rolling over loans and charging additional fees.

Interesting Facts and Statistics About Payday Loans in Walton, Oregon

Did you know that the average payday loan in Oregon is $375, and the average APR is 503%? Or that the total number of payday loans taken out by Oregonians in 2019 was over 440,000? These statistics highlight the prevalence of payday loans in Oregon and the importance of understanding the risks associated with them.

Apply Now

If you’re considering a payday loan, TheGuaranteedLoans can help connect you with potential lenders. We’re a connector service, not a direct lender, and we’ll work to facilitate the connection between you and potential lenders. Fill out our online application today to get started.

In conclusion, payday loans can seem like a quick and easy solution, but they’re not without risks. If you’re considering a payday loan in Walton, Oregon, make sure you understand the regulations surrounding them, as well as the risks associated with them. Consider all of your options before making a decision, and remember that TheGuaranteedLoans can help connect you with potential lenders if you choose to move forward with a payday loan.

F.A.Q.

How do I find a reputable payday lender in Walton, Oregon?

To find a reputable payday lender in Walton, Oregon, borrowers can research and compare lenders, read customer reviews and ratings, and check the lender's credentials and licensing information. Borrowers should also be wary of lenders who offer unrealistic terms or push them to take out a loan they cannot afford.

What happens if I can't repay my payday loan in Walton, Oregon?

If a borrower is unable to repay their payday loan in Walton, Oregon, they should contact the lender immediately to discuss their options. Depending on the lender's policies, the borrower may be able to negotiate a repayment plan or extension. However, if the borrower defaults on the loan, they may face additional fees, negative credit consequences, and potential legal action.