Payday loans in Oklahoma | finder.com
Oklahoma sky dome

Compare your loan options in Oklahoma

We value our editorial independence, basing our comparison results, content and reviews on objective analysis without bias. But we may receive compensation when you click links on our site. Learn more about how we make money from our partners.

If you need money to cover an emergency expense, a payday loan could help you in Oklahoma.

Even if you don’t have the most perfect credit, you may still have access to short-term loan options like a payday loan. Although they can be quite expensive, if you’re stuck in a tough financial situation, they could be a quick way to get out of trouble.

Our top pick: CashNetUSA Loan

  • Turnaround Time: 1 business day
  • Loan Term: Varies by state
  • Requirements: You must be a US citizen or permanent resident, be at least 18 years old and have regular income and a bank account.
Offers payday loans, installment loans and lines of credit.

Our top pick: CashNetUSA Loan

Apply for a short-term loan with an easy online application and dedicated customer service.

  • Turnaround Time: 1 business day
  • Loan Term: Varies by state
  • Requirements: You must be a US citizen or permanent resident, be at least 18 years old and have regular income and a bank account.
Promoted

Can I get a payday loan in Oklahoma?

Yes. Payday loans are legal in Oklahoma under the Oklahoma Deferred Deposit Lending Act (Oklahoma Statutes Title 59 §§ 3101 et seq.), which governs the functioning of all payday lenders in the state. These laws apply to all payday loans provided through storefront and online lenders.

  • Maximum loan amount: $500
  • Loan term: 12 to 45
  • Outstanding loans: 2
  • Renewals: None

If you change your mind, you can cancel the loan agreement by 5 p.m. on the following business day. All payday lenders are required to be licensed. You can check to make sure yours is registered to lend by visiting the Oklahoma Department of Consumer Credit’s website.

Payday lenders you may want to consider

Check the websites of any providers you’re interested in to confirm they operate in Oklahoma.

Updated April 22nd, 2019
Name Product Filter Values Max. Loan Amount Turnaround Time Requirements
$5,000
1 business day
Must have direct deposit and meet minimum income requirements
Installment loans with competitive rates from a top-rated direct lender.
$2,600
1 to 2 business days
Must have an active checking account, regular source of income and email address.
Installment loans with repayment terms up to 30 months, depending on your state.
$15,000
1 business day
You must be a US citizen or permanent resident, age 18+ and have a regular income.
Apply online with this loan-connection service offering unrestricted short-term loans with fast turnaround.
$10,000
As early as 1 business day
Must have a monthly income of $1,000+ after taxes and valid checking account.
An online connection service for quick cash loans.
Varies by state
1 business day
You must be a US citizen or permanent resident, be at least 18 years old and have regular income and a bank account.
Apply for a short-term loan with an easy online application and dedicated customer service.
$250
generally receive the money the next business day
Be 18+ years of age and have a checking account that can accept electronic transfers.
LendUp offers $250 loans for first-time borrowers. Good credit is not required. Visit the site to see more details for your state.
Varies by state
1 business day
Must be 18+ years old, have a steady source of income and a checking or savings account. Must not be a debtor in bankruptcy.
Quick payday, installment and title loans with no prepayment penalty and a 72-hour satisfaction guarantee. Funds can be loaded on an ACE Elite™ Visa® Prepaid Debit Card.

Compare up to 4 providers

How much does taking out a payday loan in Oklahoma cost?

All payday loans will cost money, but Oklahoma law sets the upper limit lenders can charge.

  • Financing fee, $0 to $300: $15 per $100
  • Financing fee, $301 to $500: $10 per $100
  • APR: A 14-day $100 loan has an APR of 390%
  • Collection fees: $25 non-sufficient funds (NSF) fee

How can I apply for a payday loan?

Before you apply for a payday loan, you’ll need to be at least 18 years old, have a regular source of income and be a citizen or permanent resident of the US.

If you are, then you’ll need to submit some personal information on your application.

  • Your name, date of birth, social security number and a valid form of ID such as your driver’s license or passport
  • Your residential address, email address and phone number
  • Your employment and income
  • If you’re applying online, details of your existing checking account

What else should I consider besides a payday loan?

Although a payday loan might be a good short-term solution to your financil troubles, there are other ways to deal with long-term problems. Oklahoma has programs like Temporary Assistance for Needy Families (TANF), Supplemental Nutrition Assistance Program (SNAP) and Low-Income Home Energy Assistance Program (LIHEAP) that can help you pay for your daily bills.

Additional options to consider if you’re short on cash

Bottom line

If you’re looking into a payday loan, Oklahoma has decent regulations in place to protect you from having to pay excessive fines. Be sure to read your loan terms before you sign to be sure your lender is abiding by the law.

Have any more questions about Oklahoma payday loans?

Was this content helpful to you? No  Yes

Ask an Expert

You are about to post a question on finder.com:

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • finder.com is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked

Finder.com provides guides and information on a range of products and services. Because our content is not financial advice, we suggest talking with a professional before you make any decision.

By submitting your comment or question, you agree to our Privacy and Cookies Policy and Terms of Use.

Questions and responses on finder.com are not provided, paid for or otherwise endorsed by any bank or brand. These banks and brands are not responsible for ensuring that comments are answered or accurate.

2 Responses

  1. Default Gravatar
    PeggyMarch 11, 2019

    I do not have a checking account ..o only have a Elite paychekplus card where my pay checks are deposited onto .can I get a Payday loan with that.money can be downloaded on it and also deducted from this card .

    • finder Customer Care
      nikkiangcoMarch 11, 2019Staff

      Hi Peggy,

      Thanks for getting in touch! It’s helpful to know that a checking account is needed when applying online otherwise we suggest contacting the provider directly to consult if other financial accounts aside from checking account can be used. You can go to this page to find loan options when you don’t have a bank account. As a friendly reminder, review the eligibility criteria of the loan before applying to increase your chances of approval. Read up on the terms and conditions and product disclosure statement and contact the bank should you need any clarifications about the policy.

      Hope this was helpful. Don’t hesitate to message us back if you have more questions.

      Best,
      Nikki

Go to site