Oklahoma Payday Loan

The state motto of Oklahoma is: “Labor Conquers All Things.” If you want to conquer that emergency debt that just came into your life, there is good news for all Oklahoma residents. If you are strapped for cash, SameDayPayday can help you. A cash advance can be just what you need to pay for unexpected expenses that otherwise would have to wait until your next payday.

To help research through a sea of options, our site offers comprehensive profiles and user reviews of the biggest lenders nationwide. Browse our city pages below to find a store in your neighborhood.

Looking to apply for a loan online? SameDayPayday offers a quick and confidential service from the comfort of your home: fill out your application completely and accurately, know if you’re approved in minutes, and funds can be in your account within one business day. It is that easy.

Oklahoma Payday Loan Laws in Oklahoma
Payday loans in Oklahoma are legal. A borrower may get a loan of up to $500. A lender can charge a 15% interest rate on loans that are $300 or less. For loans that are over $300, the borrower can be charged 10% interest on the loan. The length of the loan term can last between twelve to forty-five days. In Oklahoma you can have two loans out at a time. No extensions are allowed.

As of 2006, there were more than 397 payday loan centers located in Oklahoma with a potential for even more than that since the industry is growing quickly in that state. In 2011, the number of licensed operators decreased to 356. Now, with so much commerce being conducted online, the possibilities have grown exponentially. In an internet search early 2017, “payday loans Oklahoma” turned up 505,000 hits!

Individual states are primarily the ones in charge of regulating lending institutions. The cash advance lending industry floats atop the often rocky legal seas. While lenders lobby ardently to enable cash advance lending practices, their equally impassioned detractors lobby to prohibit short-term loans for consumer protection.

Oklahoma Payday Loan - Cities