STATUTE: 14A O.S. 1-101  (Click "next section" on each page to advance)
Oklahoma Administrative Code: Title 160, Chapters 1, 3, 5, 10, 20, 25, 45, 65 (Click link and select "VIEW CODE", then Title 160 Department of Consumer Credit) 

DESCRIPTION: This license allows a lender, as a business, to make or take assignment of supervised loans from other Consumer Credit organizations.

TIME FRAME TO ISSUE: The approval process for this license requires up to 90 days to complete.

FEES: The fees for this license include a $425.00 one-time investigation fee, a $290.00 license fee and a $500.00 examination fee of books and records.

LICENSING PERIOD: This license is valid for one year, beginning on January 1^st. Click here to download the application and instructions.

LICENSING RENEWAL: This license may be renewed by submitting documentation by December 1^st each year. 

Click here for 2019 Renewal Form

PREREQUISITES: The business must have a $5,000 surety bond, and a financial statement showing net assets of at least $25,000.

2019 Composite Annual Report

2018 Monthly Refund Chart

2018 Daily Refund Chart

2018 Loan Rate Chart

2018 Dollar Changes, effective July 1, 2018

2017 Loan Rate Chart

2017 Daily Refund Chart 

2017 Dollar Changes, effective July 1, 2017

2017 Composite Annual Report

2016 Composite Annual Report

2016 Dollar Changes, effective July 1, 2016

2015 Composite Annual Report

2015 Dollar Changes, effective July 1, 2015

2014 Composite Annual Report

2014  Daily Refund Chart

2014 Monthly Refund Chart

2013 Composite Annual Report

Oklahoma Consumer Finance Association Website

Independent Finance Institute

Supervised Lender Examination Guidelines

Previous Years Rate Charts