Good to excellent credit
American Express
- Credit profile
- Excellent
- APR range
- 6.99% – 19.99%
- Loan amount
- $3,500 – $40,000
Personal finance / OR
Personal loans, banking, insurance, and debt help in Oregon
Oregonians use personal loans for debt consolidation, unexpected expenses, home improvement, and major purchases, with rates for licensed lenders governed by a floating cap tied to the Federal Reserve's discount rate rather than a fixed percentage.
30lenders in the dataset
ORstate guide
$793/yraverage homeowners premium in dataset
51jurisdictions in the dataset
01 / Personal loans
Personal loans in Oregon
Oregonians use personal loans for debt consolidation, unexpected expenses, home improvement, and major purchases, with rates for licensed lenders governed by a floating cap tied to the Federal Reserve's discount rate rather than a fixed percentage.
Interest-rate law
Licensed lenders under the Consumer Finance Act are exempt from the general usury statute; their cap floats 30 percentage points above the Federal Reserve's discount window primary credit rate, recalculated annually, typically landing in the low-to-mid 30s percent APR, with no tiering by loan size. Separately, the payday/title loan statute caps loans at a flat 36% APR (excluding a single origination fee) with a maximum loan size up to $50,000.
| Loan range | Rate | Statute |
|---|---|---|
| Any amount (licensed lenders) | 30 points above Fed discount window rate (~low-to-mid 30s% APR) | Consumer Finance Act, Chapter 725 |
| Payday/title loans, up to $50,000 | 36% flat (excluding one origination fee) | Chapter 725A |
Lender complaints: Oregon Division of Financial Regulation
02 / Lender directory
Lenders by credit profile
Good to excellent credit
Axos Bank
- Credit profile
- Excellent
- APR range
- 11.79% – 20.84%
- Loan amount
- $7,000 – $50,000
Good to excellent credit
Citi
- Credit profile
- Good - Excellent
- APR range
- 9.99% – 17.49%
- Loan amount
- $2,000 – $30,000
Good to excellent credit
Discover
- Credit profile
- Good - Excellent
- APR range
- 6.99% – 24.99%
- Loan amount
- $2,500 – $40,000
Good to excellent credit
Happy Money
- Credit profile
- Good
- APR range
- 7.95% – 35.99%
- Loan amount
- $5,000 – $50,000
Good to excellent credit
KeyBank
- Credit profile
- Not specified
- APR range
- 8.99% – 22.99%
- Loan amount
- $2,000 – $100,000
Good to excellent credit
LightStream
- Credit profile
- Good - Excellent
- APR range
- 6.74% – 25.39%
- Loan amount
- $5,000 – $100,000
Good to excellent credit
PenFed
- Credit profile
- Good
- APR range
- 7.99% – 17.99%
- Loan amount
- $500 – $50,000
Good to excellent credit
Prosper
- Credit profile
- Good
- APR range
- 8.99% – 35.99%
- Loan amount
- $2,000 – $50,000
Good to excellent credit
Reach Financial
- Credit profile
- Not specified
- APR range
- 5.99% – 35.99%
- Loan amount
- $3,500 – $40,000
Good to excellent credit
Rocket Loans
- Credit profile
- Good
- APR range
- 8.01% – 29.99%
- Loan amount
- $2,000 – $45,000
Good to excellent credit
SoFi
- Credit profile
- Good - Excellent
- APR range
- 8.74% – 35.99%
- Loan amount
- $5,000 – $100,000
Good to excellent credit
USAA
- Credit profile
- Good - Excellent
- APR range
- 9.89% – 18.51%
- Loan amount
- $2,500 – $100,000
Good to excellent credit
US Bank
- Credit profile
- Not specified
- APR range
- 8.74% – 24.99%
- Loan amount
- $1,000 – $50,000
Good to excellent credit
Wells Fargo
- Credit profile
- Good - Excellent
- APR range
- 6.74% – 25.99%
- Loan amount
- $3,000 – $100,000
Fair credit
60MonthLoans
- Credit profile
- Fair
- APR range
- 25% – 36%
- Loan amount
- $2,600 – $10,000
Fair credit
Achieve
- Credit profile
- Fair
- APR range
- 6.25% – 35.99%
- Loan amount
- $5,000 – $50,000
Fair credit
Avant
- Credit profile
- Poor to Good
- APR range
- 9.95% – 35.99%
- Loan amount
- $2,000 – $35,000
Fair credit
Best Egg
- Credit profile
- Fair
- APR range
- 6.99% – 35.99%
- Loan amount
- $2,000 – $50,000
Fair credit
Happen Bank (formerly LendingClub)
- Credit profile
- Fair
- APR range
- 7.04% – 35.99%
- Loan amount
- $1,000 – $60,000
Fair credit
LendingPoint
- Credit profile
- Fair
- APR range
- 7.99% – 35.99%
- Loan amount
- $1,000 – $36,500
Fair credit
Navy Federal Credit Union
- Credit profile
- Fair - Excellent
- APR range
- 8.74% – 18%
- Loan amount
- $250 – $50,000
Fair credit
Oportun
- Credit profile
- Fair
- APR range
- N/A – 35.95%
- Loan amount
- $300 – $10,000
Fair credit
Upgrade
- Credit profile
- Fair
- APR range
- 7.74% – 35.99%
- Loan amount
- $1,000 – $50,000
Poor or limited credit
Integra Credit
- Credit profile
- Poor
- APR range
- 149% – 399%
- Loan amount
- $500 – $3,000
Poor or limited credit
Mariner Finance
- Credit profile
- Poor
- APR range
- 15.49% – 35.99%
- Loan amount
- $1,000 – $25,000
Poor or limited credit
NetCredit
- Credit profile
- Poor
- APR range
- 34% – 99.99%
- Loan amount
- $1,000 – $10,000
Poor or limited credit
OneMain Financial
- Credit profile
- Poor
- APR range
- 18% – 35.99%
- Loan amount
- $1,500 – $20,000
Poor or limited credit
OppLoans
- Credit profile
- Poor
- APR range
- 160% – 195%
- Loan amount
- $500 – $5,000
Poor or limited credit
Rise
- Credit profile
- Poor
- APR range
- 99% – 199%
- Loan amount
- $500 – $5,000
03 / Debt consolidation
Debt consolidation
Oregon's floating-rate cap for licensed lenders (30 points above the Fed discount rate, currently landing in the low-to-mid 30s percent) applies regardless of loan size, so a well-priced consolidation loan should land meaningfully below that ceiling; comparing multiple lenders is the best way to find the lowest rate.
04 / Banking and credit unions
Banking in Oregon
National banks offer scale and convenience, while Oregon-based regional and community banks compete on relationship banking and faster local lending decisions.
Banks listed
- Wells FargoNational bank.
- US BankNational bank, headquartered in Minneapolis, MN.
- ChaseNational bank.
- Columbia Bank (formerly Umpqua)Headquartered in Tacoma, WA, with a major Oregon presence.
- Bank of AmericaNational bank.
- KeyBankHeadquartered in Cleveland, OH.
- Banner BankHeadquartered in Walla Walla, WA.
Credit unions
Oregon's credit unions are member-owned, not-for-profit institutions that often post lower loan rates and fewer fees than comparable bank products, with membership tied to living, working, or having other ties to a specific group.
About 0.6% year-over-year median membership growth (Q4 2025 NCUA data), compared to a national median of about -0.5%, alongside strong median asset growth (about 8%).
Rooted in timber, government, and education employers (Old West Federal Credit Union began serving a lumber company in 1957; Oregon State Credit Union and Mid Oregon Credit Union trace to postal and teacher groups). Oregon's state regulator permits broader community fields of membership than the NCUA, and a 2009 law let select-employee-group credit unions convert to community charters.
Federally insured credit union deposits are protected up to $250,000 through the National Credit Union Share Insurance Fund.
Credit unions listed
05 / Debt settlement
Debt settlement
Legal; Debt Management Service Providers are governed by Or. Rev. Stat. § 697.602 et seq., regulated by the Oregon Department of Consumer and Business Services, and must register and post a bond. No clearly documented fee cap; the federal Telemarketing Sales Rule's ban on advance fees is the baseline protection.
Companies listed in the dataset
06 / Insurance
Oregon insurance
Regulator
Oregon Division of Financial Regulation
Insurance regulator websiteAuto insurance
25/50/20
Oregon requires $25,000 per person / $50,000 per accident bodily injury liability plus $20,000 property damage liability. PIP, uninsured motorist, and underinsured motorist coverage are also required.
Homeowners and renters
$793/yr
- State requirement
- No
- National homeowners average
- $1,337/yr
- Renters average
- $150/yr
The lowest average homeowners premium of any state (2021 NAIC data). Not required by state law. Oregon carries significant wildfire exposure, especially in dry eastern/southern regions, plus flooding and windstorms in the west.
07 / Questions
Oregon FAQs
How do I file a complaint against a lender in Oregon?
Contact the Oregon Division of Financial Regulation, which licenses and supervises consumer lenders and is also Oregon's insurance regulator.
How do I file a complaint against my insurance company in Oregon?
File with the Oregon Division of Financial Regulation.
What's the maximum interest rate a lender can legally charge on a personal loan in Oregon?
There's no fixed number; the ceiling for licensed lenders floats 30 percentage points above the Federal Reserve's discount window primary credit rate, typically landing in the low-to-mid 30s percent APR at any loan size.
What credit score do I need for a personal loan in Oregon?
It depends on the lender. Banks and credit unions typically want a FICO score of 700+; FinTech lenders work with fair credit (low-to-mid 600s); some lenders serve poor or limited credit at higher APRs.
Are payday loans legal in Oregon, and are there caps on fees or loan amounts?
Yes, capped at a flat 36% APR (excluding an origination fee up to $10 per $100, capped at $30). Loans run 31-60 days with a max of two rollovers and a 7-day cooling-off period. Oregon's 2007 reform closed more than two-thirds of the state's payday storefronts.
How long can a debt collector legally pursue an unpaid debt in Oregon before the statute of limitations runs out?
6 years for written contracts, oral contracts, and open accounts (ORS § 12.080). Court judgments remain enforceable for 10 years and can be renewed. Payment or written acknowledgment can restart the clock.
What's the difference between a debt consolidation loan and debt settlement for someone living in Oregon?
A debt consolidation loan pays off debts in full with newly borrowed money at a fixed schedule, letting credit recover quickly. Debt settlement negotiates reduced balances but requires stopping payments first, damaging credit, and forgiven amounts can be taxable. Oregon requires debt settlement providers to register.
