What we can do for you?

Reduce your monthly payment
Waive off late fees
Have a single monthly payment
Reduce collection calls
Reduce interest rates
Take the first step towards a debt free life



Payday loan laws in Oklahoma

  • Status: Legal (Okla. Stat. Tit. 59 §§ 3101 et seq.)
For Lenders

Lending specifications:

  • Maximum loan amount: $500
  • Loan tenure: 12 - 45 days
  • Fees and finance charges: $15 for every $100 (up to $300); an additional $10 on every $100 advanced after $300
  • Finance charge on a 14-day $100 loan: $15
  • APR on 14-day $100 loan: 390%

Collection restrictions:

  • Collection fees: $25 NSF fee (if disclosed)
  • Criminal procedures: Prohibited
For Borrowers

Debt limits:

  • Maximum no. of outstanding loans at a time: Two
  • Rollovers allowed: None
  • Cooling-off phase: Second business day after the 5th consecutive loan repaid
  • Repayment plan: Available

Complaint cell:

  • Regulator: Oklahoma Department of Consumer Credit
  • Address: 3613 NW 56th Street, Suite 240, Oklahoma City, Oklahoma 73112-4512
  • Phone: (405) 521-3653
  • Fax: (405) 521-6740
  • Tollfree: (800) 448-4904 (In-state)
  • Regulatory contact: Jack R. Stone, Deputy Administrator
  • Website: http://www.ok.gov/okdocc/
  • File complaint: http://www.ok.gov/okdocc/Complaints/
    index.html



Latest Articles

Pdl scams: How you can avoid these fraudulent practices

When an emergency comes to us, we simply grab the instant options that could help us to manage the situation. In such a situation, payday loans are extremely useful as they can give you with immediate cash and relief from your money worries as well. And this is the main reason payday loan ...

View more »
Latest answers

I am done, I want change, but what do I do ...

I live and work full time in Missouri and I have experienced two years of worst case scenarios, which I am done with figuring it out by myself. I have 5 online installment loans; 2,800 with Rise (425/mo@24mo & paid off multiple previous loans over 2 years), 3,000 with CashCall (390/mo@ ...

View more »
Latest from blog

Mistakes which can delay your financial independence

Mistakes are very common and obvious things, especially when it comes to finance. Both youngsters and elders make costly money mistakes. And this includes dads too. There's a proverb you may know, “The man who makes no mistakes does not usually make anything.” Most often, many of ...

View more »