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Deferred Deposit Lenders
STATUTES & RULES: Title 59 O.S. §§ 3101-3119 - Deferred Deposit Lender Licensing Act
Oklahoma Administrative Code: Title 160, Chapters 1, 3, 5 and 70 (Click link and select "VIEW CODE", then Title 160 Department of Consumer Credit)
TIME FRAME TO ISSUE:The approval process for this license may require up to 90 days to complete.
FEES:The fees for this license include a $700.00 investigation fee, $350.00 license fee and a $500.00 examination fee of books and records.
LICENSING PERIOD: Calendar year, all licenses expire December 31st each year.
RENEWAL PERIOD: This license may be renewed by submitting renewal documents and fees by December 1st each year.
PREREQUISITES: Completed application includes a current financial statement showing net assets of at least $25,000.
2012 DDL Composite Annual Report (2011 Calendar Year)
2013 Annual Report (2012 Calendar Year)
Oklahoma Department of Consumer Credit
State of Oklahoma
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