Good to excellent credit
American Express
- Credit profile
- Excellent
- APR range
- 6.99% – 19.99%
- Loan amount
- $3,500 – $40,000
Personal finance / OK
Personal loans, banking, insurance, and debt help in Oklahoma
Oklahomans use personal loans for debt consolidation, unexpected expenses, home improvement, and major life events, with rate ceilings that float with the Federal Funds Rate under a 2023 reform.
30lenders in the dataset
OKstate guide
$2,155/yraverage homeowners premium in dataset
51jurisdictions in the dataset
01 / Personal loans
Personal loans in Oklahoma
Oklahomans use personal loans for debt consolidation, unexpected expenses, home improvement, and major life events, with rate ceilings that float with the Federal Funds Rate under a 2023 reform.
Interest-rate law
A November 2023 law (SB 794) sets the supervised-loan rate at whichever is greater of 32% plus the Fed Funds Rate on the first $7,000, 23% plus the Fed Funds Rate on $7,000-$11,000, or 20% plus the Fed Funds Rate on the remainder. At current Fed levels this lands around 36% on the first $7,000, blending toward roughly 27% by $10,000, and around 24% marginal for amounts above $11,000.
| Loan range | Rate | Statute |
|---|---|---|
| First $7,000 | 32% + Fed Funds Rate (~36% at current levels) | SB 794 (2023) |
| $7,000 – $11,000 | 23% + Fed Funds Rate (~27% blended by $10,000) | SB 794 (2023) |
| Above $11,000 | 20% + Fed Funds Rate (~24% marginal) | SB 794 (2023) |
Lender complaints: Oklahoma Department of Consumer Credit
02 / Lender directory
Lenders by credit profile
Good to excellent credit
Axos Bank
- Credit profile
- Excellent
- APR range
- 11.79% – 20.84%
- Loan amount
- $7,000 – $50,000
Good to excellent credit
Citi
- Credit profile
- Good - Excellent
- APR range
- 9.99% – 17.49%
- Loan amount
- $2,000 – $30,000
Good to excellent credit
Discover
- Credit profile
- Good - Excellent
- APR range
- 6.99% – 24.99%
- Loan amount
- $2,500 – $40,000
Good to excellent credit
Happy Money
- Credit profile
- Good
- APR range
- 7.95% – 35.99%
- Loan amount
- $5,000 – $50,000
Good to excellent credit
LightStream
- Credit profile
- Good - Excellent
- APR range
- 6.74% – 25.39%
- Loan amount
- $5,000 – $100,000
Good to excellent credit
PenFed
- Credit profile
- Good
- APR range
- 7.99% – 17.99%
- Loan amount
- $500 – $50,000
Good to excellent credit
Prosper
- Credit profile
- Good
- APR range
- 8.99% – 35.99%
- Loan amount
- $2,000 – $50,000
Good to excellent credit
Reach Financial
- Credit profile
- Not specified
- APR range
- 5.99% – 35.99%
- Loan amount
- $3,500 – $40,000
Good to excellent credit
Rocket Loans
- Credit profile
- Good
- APR range
- 8.01% – 29.99%
- Loan amount
- $2,000 – $45,000
Good to excellent credit
SoFi
- Credit profile
- Good - Excellent
- APR range
- 8.74% – 35.99%
- Loan amount
- $5,000 – $100,000
Good to excellent credit
USAA
- Credit profile
- Good - Excellent
- APR range
- 9.89% – 18.51%
- Loan amount
- $2,500 – $100,000
Good to excellent credit
Wells Fargo
- Credit profile
- Good - Excellent
- APR range
- 6.74% – 25.99%
- Loan amount
- $3,000 – $100,000
Fair credit
Achieve
- Credit profile
- Fair
- APR range
- 6.25% – 35.99%
- Loan amount
- $5,000 – $50,000
Fair credit
Avant
- Credit profile
- Poor to Good
- APR range
- 9.95% – 35.99%
- Loan amount
- $2,000 – $35,000
Fair credit
Best Egg
- Credit profile
- Fair
- APR range
- 6.99% – 35.99%
- Loan amount
- $2,000 – $50,000
Fair credit
Happen Bank (formerly LendingClub)
- Credit profile
- Fair
- APR range
- 7.04% – 35.99%
- Loan amount
- $1,000 – $60,000
Fair credit
LendingPoint
- Credit profile
- Fair
- APR range
- 7.99% – 35.99%
- Loan amount
- $1,000 – $36,500
Fair credit
Navy Federal Credit Union
- Credit profile
- Fair - Excellent
- APR range
- 8.74% – 18%
- Loan amount
- $250 – $50,000
Fair credit
Oportun
- Credit profile
- Fair
- APR range
- N/A – 35.95%
- Loan amount
- $300 – $10,000
Fair credit
Upgrade
- Credit profile
- Fair
- APR range
- 7.74% – 35.99%
- Loan amount
- $1,000 – $50,000
Poor or limited credit
CreditNinja
- Credit profile
- Poor
- APR range
- 195.75% – 349%
- Loan amount
- $300 – $5,000
Poor or limited credit
Mariner Finance
- Credit profile
- Poor
- APR range
- 15.49% – 35.99%
- Loan amount
- $1,000 – $25,000
Poor or limited credit
NetCredit
- Credit profile
- Poor
- APR range
- 34% – 99.99%
- Loan amount
- $1,000 – $10,000
Poor or limited credit
OneMain Financial
- Credit profile
- Poor
- APR range
- 18% – 35.99%
- Loan amount
- $1,500 – $20,000
Poor or limited credit
OppLoans
- Credit profile
- Poor
- APR range
- 160% – 195%
- Loan amount
- $500 – $5,000
Poor or limited credit
Personify Financial
- Credit profile
- Poor
- APR range
- 36% – 179.50%
- Loan amount
- $500 – $15,000
Poor or limited credit
Rise
- Credit profile
- Poor
- APR range
- 99% – 199%
- Loan amount
- $500 – $5,000
Poor or limited credit
Security Finance
- Credit profile
- Not specified
- APR range
- N/A – 124.48%
- Loan amount
- $477 – $2,500
Poor or limited credit
World Finance
- Credit profile
- Poor
- APR range
- N/A – 99%
- Loan amount
- $450 – $12,000
03 / Debt consolidation
Debt consolidation
Oklahoma's floating-rate schedule effectively lands around 36% on the first $7,000 and lower for larger balances, so a well-priced debt consolidation loan should land meaningfully below whatever tier applies to the loan size.
04 / Banking and credit unions
Banking in Oklahoma
National banks offer scale and convenience, while Oklahoma-based regional and community banks compete on relationship banking and faster local lending decisions.
Banks listed
- BOK FinancialHeadquartered in Tulsa, OK.
- ChaseNational bank.
- Arvest BankHeadquartered in Fayetteville, AR, with a significant Oklahoma presence.
- BancFirstHeadquartered in Oklahoma City, OK.
- Bank of AmericaNational bank.
- MidFirst BankHeadquartered in Oklahoma City, OK.
- US BankNational bank, headquartered in Minneapolis, MN.
Credit unions
Oklahoma's credit unions are member-owned, not-for-profit institutions that often post lower loan rates and fewer fees than comparable bank products, with membership tied to living, working, or having other ties to a specific group.
About 2.7% year-over-year median membership growth (Q4 2025 NCUA data), though median loan growth was notably negative (about -1.5%).
Traces to 1923, when Tulsa postal worker Calvin Smith reached out to Edward Filene to charter Tulsa Postal Employees Credit Union. Industrial roots also run through oil (Muskogee Pure Oil Credit Union) and military installations (Tinker Field Credit Union, 1943). A 2026 law (SB 1623) broadened field-of-membership rules and raised investment limits for state-chartered credit unions.
Federally insured credit union deposits are protected up to $250,000 through the National Credit Union Share Insurance Fund.
Credit unions listed
05 / Debt settlement
Debt settlement
Debt pooling is regulated under Okla. Stat. tit. 24, § 16, which limits and restricts how it can operate, with some ambiguity in public sourcing about whether it functions as an outright prohibition or a nonprofit carve-out. Confirming a specific provider's status directly is recommended.
Companies listed in the dataset
06 / Insurance
Oklahoma insurance
Regulator
Oklahoma Insurance Department
Insurance regulator websiteAuto insurance
25/50/25
Oklahoma requires $25,000 per person / $50,000 per accident bodily injury liability plus $25,000 property damage liability.
Homeowners and renters
$2,155/yr
- State requirement
- No
- National homeowners average
- $1,337/yr
- Renters average
- $221/yr
3rd-highest homeowners premium in the country (2021 NAIC data), driven substantially by tornado and hail risk. Oklahoma sits squarely in Tornado Alley.
07 / Questions
Oklahoma FAQs
How do I file a complaint against a lender in Oklahoma?
Contact the Oklahoma Department of Consumer Credit, which licenses and supervises consumer lenders operating in Oklahoma.
How do I file a complaint against my insurance company in Oklahoma?
File with the Oklahoma Insurance Department.
What's the maximum interest rate a lender can legally charge on a personal loan in Oklahoma?
It floats with the Federal Funds Rate under SB 794 (2023): whichever is greater of 32% + Fed Funds Rate on the first $7,000, 23% + Fed Funds Rate on $7,000-$11,000, or 20% + Fed Funds Rate on the remainder.
What credit score do I need for a personal loan in Oklahoma?
It depends on the lender. Banks and credit unions typically want a FICO score of 700+; FinTech lenders work with fair credit (low-to-mid 600s); some lenders serve poor or limited credit at higher APRs.
Are payday loans legal in Oklahoma, and are there caps on fees or loan amounts?
Traditional two-week payday loans are capped at $500 with fees up to $15 per $100 for amounts up to $300 (roughly 390% APR); borrowers can have up to two loans capped at a combined $500. A newer 'Small Lender' installment product allows loans up to $1,500 at 17% monthly interest (roughly 204% APR) over at least two months, capped at 20% of gross monthly income.
How long can a debt collector legally pursue an unpaid debt in Oklahoma before the statute of limitations runs out?
5 years for written contracts and open accounts (Okla. Stat. tit. 12, § 95(1)); 3 years for oral contracts (§95(2)). Credit card debt has some ambiguity between the two. Payment or written acknowledgment can restart the clock.
What's the difference between a debt consolidation loan and debt settlement for someone living in Oklahoma?
A debt consolidation loan pays off debts in full with newly borrowed money at a fixed schedule, letting credit recover quickly. Debt settlement negotiates reduced balances but requires stopping payments first, damaging credit, and forgiven amounts can be taxable. Oklahoma's debt pooling statute has ambiguity around scope, so confirming a provider's standing matters more here.
