Commentary: Revisiting Small Loans Rules Crucial to Maintaining Access to Credit for Vulnerable Consumers
In considering reforms to the small-dollar loan industry, lawmakers must tread carefully to avoid limiting…
Disclosure Statement
Cashco Financial Services, Incorporated, is a licensed Traditional Installment lender. Our loans range in size and length of term between $1,000 (10 monthly payments) and $6,000 (18 monthly payments). The Annual Percentage Rate (APR) for CashCo loans does not exceed 36%.
As an example, a $2,500 loan with an APR of approximately 36% and a repayment term of 12 months would result in monthly payments of around $271.48, with a total payback of $3,257, including all applicable fees and any optional ancillary products. In all cases, CashCo operates in strict compliance with all applicable state and federal laws.
All loans are subject to approval based on the applicant’s stability, income, and past credit history. Cashco is licensed under Oregon Division of Financial Regulation (Chapter 725). Please review Ask Us – CashCo and Online Privacy Notice – CashCo.
For inquiries, contact us at:
CashCo Financial Services, Incorporated
10110 SW Nimbus Ave B11
Tigard, OR 97223
503-356-8542
[email protected]
NMLS 1235233