Payday Loan in Oklahoma. Current State Laws.

State: Oklahoma
Statutory Citation: 59-3101 et seq.
Maximum Loan Amount: $500 exclusive of the finance charge.
Finance Charges: A deferred deposit lender may charge a finance charge for each deferred deposit loan that does not exceed $15 for every $100 advanced up to the first 300 of the amount advanced; for the advance amounts in excess of $300, the lender may charge an additional finance charge of $10 for every $100 advanced in excess of $300.