Title: Prohibits Predatory Loans and Caps Interest Rates at 36%
Vote to pass a bill that prohibits predatory loans and caps interest rates at 36% in Oregon.
Prohibits state predatory loans and caps interest rates at 36% and specifies certain federal law to apply to consumer loans made in Oregon (Sec. 1-4).
Specifies that the provisions of this bill shall take effect 91 days following the final adjournment date of the current legislative session (Sec. 5).
Title: Prohibits Predatory Loans and Caps Interest Rates at 36%