What are short-term loans?

Short-term loans are financial products designed to help individuals access funds quickly for urgent expenses. These loans typically have a repayment period ranging from a few weeks to a few months. They are ideal for covering unexpected costs or bridging financial gaps until your next paycheck.

Can I get a short-term loan with bad credit?

Yes, you can obtain a short-term loan even if you have bad credit. Many lenders offer specialized services for individuals with less-than-perfect credit histories. These lenders focus more on your current ability to repay the loan rather than your past credit performance.

How do same-day loans work?

Same-day loans are designed to provide quick access to cash. Once you submit your application and it gets approved, the funds are typically disbursed into your bank account on the same day. This makes them a convenient option for urgent financial needs.

What are short-term loans?

Short-term loans are a type of short-term loan where the borrower receives a small amount of money, typically due on their next payday. These loans often come with high-interest rates and fees, making them an expensive borrowing option for immediate financial needs.

How much can I borrow with a short-term loan?

The amount you can borrow with a short-term loan varies by lender, but it typically ranges from a few hundred to a few thousand dollars. The lender will assess your income, creditworthiness, and state regulations to determine your eligible loan amount.

What are the interest rates and fees associated with short-term loans?

Short-term loans often carry higher interest rates and fees compared to traditional loans because they are meant to be quick fixes for immediate financial needs. It's important to understand the cost of the loan, including interest and fees, before committing to ensure it's a financially sound decision.

How do I apply for a short-term loan?

You can apply for a short-term loan through various methods, including online application portals, in-store applications, or by phone. The process typically involves providing personal information, proof of income, and bank details. Once your application is reviewed and approved, you will receive the funds according to the lender's guidelines.

Fast & Easy Best Online Short-term Loans in Oklahoma City, OK

Best Online Short-term Loans in Oklahoma City

Borrow Money Now

Loan agency

5.00

1 reviews

Apply Online View Details

Address: 10417 N May Ave, Oklahoma City, OK 73120

Today's Business Hours: 9:00 AM - 5:00 PM

Phone Number: +1 (800) 689-8515

Website: borrowmoneynow.com

Services:

Installment loans Line of credit Microloans Payday loans Title loans Online lender for up to $1 000 loans to cover unexpected medical bills utility bills car expenses home repairs. Single Payment Loan

Atlas Credit Co., Inc.

Loan agency

5.00

10 reviews

Apply Online View Details

Address: 2209 SW 74th St Suite 318, Oklahoma City, OK 73159

Today's Business Hours: 8:30 AM - 6:30 PM

Phone Number: +1 (405) 594-0409

Website: atlascredit.com

Services:

Installment loans Line of credit Microloans Payday loans Signature loans Title loans Auto Loans Auto Repairs Build Credit Credit Builder Loans Credit Card Debt Easy Personal Loan Guaranteed Personal Loan Loan Application Loan Payment Loan Solutions Loans Lending Personal Loans For Bad Credit Personal Loans Online Quick Cash Loans Repayment Plans Short Term Loan Simple Loans Small Consumer Loan Starter Loans Traditional Loans

Covington Credit

Loan agency

5.00

10 reviews

Apply Online View Details

Address: 9300 N May Ave Suite 600, Oklahoma City, OK 73120

Today's Business Hours: 8:30 AM - 5:30 PM

Phone Number: +1 (405) 494-4548

Website: heightsfinance.com/loan-office-location/cash-loans-in-oklahoma-city

Services:

Flex loans Installment loans Line of credit Payday loans Signature loans Auto Repairs Credit Insurance Easy Loans Fixed-Rate Loans Personal Loans

Home Savings & Loan Association

Loan agency

5.00

2 reviews

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Address: 3301 S Western Ave, Oklahoma City, OK 73109

Today's Business Hours: 9:00 AM - 4:00 PM

Phone Number: +1 (405) 634-1445

Services:

Business loans Banking Services/Loans

Check 'n Go

Loan agency

5.00

4 reviews

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Address: 5350 S Western Ave Suite 104, Oklahoma City, OK 73109

Today's Business Hours: 10:00 AM - 6:00 PM

Phone Number: +1 (405) 835-2883

Website: locations.checkngo.com/oklahoma/oklahoma-city/5350-s-western-ave

Alternatives to Short-term Loans in Oklahoma City

Short-term loans are designed to provide quick financial relief and come in several types. Personal loans are unsecured loans that require no collateral and are often used for various personal expenses, with repayment typically expected within a few months to a year. Installment loans allow borrowers to receive a lump sum and repay it in fixed monthly payments over a set period, making them more predictable but usually bearing higher interest rates. Title loans, on the other hand, are secured loans where borrowers use their vehicle title as collateral; these loans offer rapid access to funds but carry the risk of losing the vehicle if not repaid on time.

Best Personal Loan

SWBC Mortgage Oklahoma City

5.00

44 reviews

Personal loans are a popular choice for those seeking short-term financing solutions, offering the flexibility to borrow funds for various purposes such as debt consolidation, emergency expenses, or personal projects. These loans are typically unsecured, meaning borrowers don't need to provide collateral. An excellent option for personal loans is LightStream, known for its competitive interest rates and the ability to fund loans quickly. With an easy-to-use online application process and a commitment to customer service, LightStream is a top choice for anyone needing fast access to funds while ensuring favorable loan terms.

Best Installment Loan

Michael Conner (NMLS 628835) - Great Plains National Bank

4.90

10 reviews

Installment loans are another type of short-term loan that provides borrowers with a lump sum of money upfront, which is then repaid in fixed installments over a specified period. These are particularly beneficial for those who prefer a predictable payment schedule and want to avoid the hassle of balloon payments. A highly recommended installment loan would offer reasonable interest rates, multiple repayment options, and an easy application process. It is most suitable for individuals needing to finance larger purchases or consolidate debt.

Best Car Title Loan

Montana Capital Car Title Loans

5.00

9 reviews

Title loans are a type of secured short-term loan where the borrower uses their vehicle title as collateral. This option is suitable for individuals who own their car outright and are seeking a quick funding solution. Title loans can provide fast access to cash, often within the same day, but they come with the risk of losing the vehicle if the loan is not repaid. These loans generally have high interest rates and short repayment periods, making them most suitable for borrowers confident in their ability to repay promptly. It's crucial for borrowers to carefully consider their financial situation before opting for a title loan.

Loan Regulations in Oklahoma

Oklahoma’s short-term loan regulation ensures consumer protection while providing access to quick financial solutions. State-wide, these regulations stipulate that short-term loan amounts cannot exceed $500. The loan terms are flexible, ranging from 12 to 45 days, giving borrowers ample time to manage repayment. Regarding interest rates, Oklahoma caps the finance charges at $15 for every $100 borrowed up to $300, and an additional $10 for every $100 beyond the initial $300.

To be eligible for a short-term loan in Oklahoma, applicants typically need to provide proof of income, a valid government-issued ID, and an active checking account. The regulations also require payday lenders to be transparent about the terms and fees of the loan, ensuring borrowers are fully informed before entering into any agreement.

Short-Term Loan Calculator

Loan Amount:

Loan Term:

day(s)

Interest Rate:

Origination Fee:

Estimated Payment

$327.12

Total Principal Paid: $300.00

Financial Charge: $27.12

Loan Term: 150 day(s)

APR: 22.00%

Get Started

Where to Use Short-term Loan

For individuals who have taken out a short-term loan, various local service providers can help address immediate needs. The loan can be used to cover expenses such as medical services for unexpected healthcare costs, car repair to ensure reliable transportation, legal services for urgent legal matters, funeral services for unforeseen bereavements, and appliance repair or replacement to maintain home essentials.

Car Wash

1028 South Portland Avenue, Oklahoma City, OK 73108

+1 (405) 947-2886

College/University

North Kentucky Avenue, Oklahoma City, OK 73106

+1 (405) 208-5000

Community Center

1000 Southwest 38th Street, Oklahoma City, OK 73109

+1 (405) 631-0573

Concert Hall

7421 North Classen Boulevard, Oklahoma City, OK 73116

Dentist

7101 Northwest Expressway, Oklahoma City, OK 73132

+1 (405) 722-7042

Doctor

6430 North Western Avenue, Oklahoma City, OK 73116

+1 (405) 841-5905

Fast Food

5901 Southwest 4th Terrace, Oklahoma City, OK 73128

Fitness Club & Center

210 South Quadrum Drive, Oklahoma City, OK 73108

+1 (405) 948-4900

Government Office

2401 Northwest 23rd Street, Oklahoma City, OK 73107

+1 (405) 946-9977

Hospital

10240 Broadway Extension, Oklahoma City, OK 73114

+1 (405) 900-8850

Hotel

13017 Highland Park Boulevard, Oklahoma City, OK 73120

Library

120 North Robinson Avenue, Oklahoma City, OK 73102

+1 (405) 235-3648

Local Post Office

9201 South Pennsylvania Avenue, Oklahoma City, OK 73159

+1 (405) 378-3726

Movie Theater

4623 Northwest 23rd Street, Oklahoma City, OK 73127

+1 (405) 917-7469

Museum

Robert S. Kerr Avenue, Oklahoma City, OK 73102

Table of Content

Best Online Short-term Loans in Oklahoma City
Alternatives to Short-term Loans in Oklahoma City
Loan Regulations in Oklahoma
Short-Term Loan Calculator
Where to Use Short-term Loan

Best Online Short-term Loans in Oklahoma City

Best Online Short-term Loans in Oklahoma City

Alternatives to Short-term Loans in Oklahoma City

Best Personal Loan

Best Installment Loan

Best Car Title Loan

Loan Regulations in Oklahoma

Short-Term Loan Calculator

Where to Use Short-term Loan

Table of Content

Short-term Loans by State

FAQ

What are short-term loans?

Can I get a short-term loan with bad credit?

How do same-day loans work?

What are short-term loans?

How much can I borrow with a short-term loan?

What are the interest rates and fees associated with short-term loans?

How do I apply for a short-term loan?

Find Short-term Loans Near Me

Oklahoma City ZIP Codes