Oklahoma is a state located in the South Central region of the United States of America. The laws governing payday loans in Oklahoma are similar to other states. Oklahoma has specific payday advance laws. The permitted fee is $15 per $100 advanced up to the first $300. If the loan is over $300, the lender can charge 10% interest. The permitted time period is a minimum of 12 days and a maximum of 45 days.

The maximum amount of the payday loan allowable is $500.00 and the rollover is not permitted. There are at least 397 payday lending locations in Oklahoma. These cash advance fees are equivalent to 480% to 1200% APR's (Annual Percentage Rate).