Fees

License Fee	Description	Exemptions
$600.00		None
$600.00		None

Description

Oregon requires a license if a lender makes or brokers loans of $50,000 or less, at rates higher than 12% per annum. Consumer finance lenders make loans that are repayable in two or more payments over 60 days or longer. Interest rates are capped at 36% APR.

Duration

One year

Renewal Information

Renewal fee due date: January 1

Duplicate License Requirements

None

Processing Time

Processing Time	Description
1 Month