A new state law prohibits merchants from adding surcharges to debit card transactions, but critics say the ban actually benefits the banks and credit card companies that created the fees.  Supporters of Act 751, which took effect Aug. 1, have promoted the measure as a consumer protection law that bars merchants from imposing surcharges specifically […]

A judge could rule this fall blocking one of Oregon Democrats’ main affordability efforts aimed at preventing predatory lenders from exploiting a loophole in federal law.  Oregon has an interest rate cap of 36%, but since 2020, lenders have issued more than 31,000 loans totaling at least $61 million with interest rates exceeding that cap, […]

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