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The State of Oregon is fining an online payday lender that ended up charging an Oregon customer more than 800% in interest on a short-term loan. Spokesperson Lisa Morawski says an unlicensed Utah company lent an Oregon consumer $350 and charged them a total of $842 for the 52 day loan. Morawski says the Department of Consumer and Business Services is cracking down on unlicensed payday lenders. "But oftentimes we find that if a business isn't licensed in Oregon they often aren't following Oregon rules and laws governing payday lending. For instance; Oregon caps the annual interest rate at 36% in this particular case the lender ended up charging the consumer an annualized interest rate of over 800% for a loan." This company was fined $10,000 and told to cease and desist doing business in Oregon. If you'd like to protect yourself, make sure a lender is first licensed in Oregon. You can go to the DFCS website at dfcs-dot-oregon-gov or call them toll free at 1-866-814-9710.

 

 

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Most organizations are asking for cash, rather than supplies, so they can route help to where it’s needed most more quickly. Here are some of the largest groups with campaigns underway:

 

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  • Click on the link for the latest conditions on the mountain passes.

 

  • Intersection of NW Broadway Street and NW Delaware for waterline replacement project, road closures with detours clearly marked for thru traffic, 7 a.m. – 4 p.m. daily with roads opened nightly. Motorists are encouraged to avoid this area and use Bond Street and Wall Street.

 

  • Nels Anderson Road between Nels Anderson Place and Brandis Court, single northbound shoulder closure will be in effect, two-way traffic to be maintained. Project completion expected December 2017.