Newspaper Editorial Urges More Oregon Cities to Act Against Payday Cash Loans
Eugene, Springfield and other cities in Oregon should follow the lead of the city of Portland in regulating payday loans, urges an editorial in the Eugene Register-Guard.
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Oregon — Page 4
Portland Puts Restrictions on Payday Loans
Portland City Commissioners passed the first ordinance in the state this week to protect consumers from some of the lending practices of payday loan businesses. This comes on the heels of recent state legislature criticism on the matter.
Editoral Criticizes Lack of Payday Loan Overhaul
Dan Saltzman is a Portland city commissioner and Jackie Dingfelder is a Democrat representing Portland in the Oregon House of Representatives. They responded harshly to the recent failed attempt by state legislators to curb interest rates…
Oregon Taking Measures to Curb Interest Rates on Payday Loans
The AP reports that community activists, union leaders and church groups are banding together to promote a measure for November's ballot to limit the loan rates charged by payday lenders throughout Oregon.
Payday Loan Protesters Assemble In Oregon
South Eugene, OR — Friday night, members of the Eugene-Springfield Solidarity Network gathered outside the Eugene Emerald's game to protest the payday loan industry. Pickets told people to be aware of the high costs associated with this…
Oregon Republicans Squash Dems’ Efforts To Regulate Payday Loans
Salem, OR — Representative Betty Komp (D-Woodburn) fought for a vote Tuesday on a bill that would have set rules in Oregon's presently unregulated payday-loan industry, protecting consumers from extremely high interest rates and what she…
Angry Lawmaker Torpedoes Oregon Payday Loan Bill
Angered by insinuations that some lawmakers have been bought off with campaign contributions from the payday loan industry, an Oregon House committee chairman says he is going to shelve a bill that would cap rates charged by payday loan…