Consumer Credit Regulation: Or. Rev. Stat. §§ 725.010 to 725.910 (Consumer Finance Act).
What types of lenders does it apply to (e.g., banks vs. non-banks)? Applies to any person making “consumer finance loans,” defined as secured or unsecured loans or lines of credit that have periodic payments and terms longer than sixty days. §§ 725.010, 725.045. However, the Act does not apply to loans of $50,000 or less (including business and agricultural loans) if interest rate does not exceed the greater of 12%, or 5% in excess of the discount rate. § 725.045 (cross-referencing §§ 82.010, 82.025).