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Find sanctuary city resources from the City of Portland's Immigrant & Refugee Program, including free legal services and state resources for reporting hate crimes, bias incidents, discrimination, and violations of Oregon's sanctuary laws.

7.26.050 Payment of Principal Prior to Payday Loan Renewal

City Code Section

A payday lender may not renew a payday loan unless the borrower has paid an amount equal to at least 25 percent of the principal of the original payday loan, plus interest on the remaining balance of the payday loan. The payday lender must disclose this requirement to the borrower in a minimum of bold 12-point type.

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