Closing the Loophole – Oregon Takes Aim at Out-of-State Lender Interest Rates

On March 6, 2026, the Oregon state Senate passed HB 4116, a bill aimed at restricting out-of-state lenders from charging interest rates above Oregon’s 36 percent cap when lending to Oregon borrowers. The bill, which previously cleared the Oregon House of Representatives, now heads to Governor Tina Kotek, who has indicated she plans to sign … Continue reading “Closing the Loophole – Oregon Takes Aim at Out-of-State Lender Interest Rates”