Oregon Code § 83.590·Enacted ·Last updated March 01, 2026
Statute Text
Delinquency and collection charges.
The holder of a retail installment contract, if the contract so provides, may
collect a delinquency charge on each installment in default for a period of 10
days or longer. The delinquency charge for any installment shall not exceed
five percent of the delinquent installment. In addition to the delinquency
charge, the retail installment contract may provide for the payment of
reasonable collection costs. The collection costs may include the payment of
reasonable attorney fees, if the contract is referred to an attorney not a
salaried employee of the holder of the contract for collection, plus the court
costs and disbursements. [1957 c.625 §7; 1981 c.552 §1]
Plain English Explanation
This Oregon statute addresses Delinquency and collection charges. AI-powered analysis coming soon.
Key Points
01Part of Oregon statutory law
02Referenced as Oregon Code § 83.590
03Subject to legislative amendments
04Consult a licensed attorney for application to specific cases
Frequently Asked Questions
This section of Oregon law addresses Delinquency and collection charges. Read the full statute text above for details.
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