· OR legislature · 2025R1

Relating to fees charged in connection with consumer finance loans for purchasing motor vehicles.

Prohibits a person from charging as the sum of specified fees more than $150 or one half of one percent of the amount of a consumer finance loan made for the purpose of purchasing a motor vehicle or one half of one percent of cash sale price of the motor vehicle. Applies the prohibition to retail installment sales a…

Sponsor

Paul Evans (D-OR)

Introduced

2025-01-13

Policy area

Finance and Financial Sector

Latest action

In committee upon adjournment.