The Oregon Senate passed House Bill 4116, which stops online lenders from exploiting a loophole in federal law to charge consumer loan interest rates above Oregon’s 36% cap through “rent-a-bank” schemes. The bill now moves to Governor

https://www.mycentraloregon.com/2026/03/08/oregon-state-legislature-passes-bill-to-stop-predatory-high-interest-loans/

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