Oregon State Legislature Passes Bill to Stop Predatory High-Interest Loans
March 05, 2026
March 05, 2026
DURHAM, North Carolina, March 5 [Category: Financial Services] -- The Center for Responsible Lending issued the following news release:
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Oregon State Legislature Passes Bill to Stop Predatory High-Interest Loans
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Portland, OR -Today, the Oregon Senate passed House Bill 4116, which stops online lenders from exploiting a loophole in federal law to charge consumer loan interest rates above Oregon's 36% cap through "rent-a-bank" . . .
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Oregon State Legislature Passes Bill to Stop Predatory High-Interest Loans
*
Portland, OR -Today, the Oregon Senate passed House Bill 4116, which stops online lenders from exploiting a loophole in federal law to charge consumer loan interest rates above Oregon's 36% cap through "rent-a-bank" . . .
