5.99 - 21.49 %
APR
2 - 6 years
Loan Term
Check rates
On partner's site

Best Personal Loans in Oklahoma City (OK)

We have found 117 personal loans to apply for in Oklahoma City, OK. Add more criteria to compare personal loans and find the best one for you.

By Myfin Team
Updated November 04, 2024
Showing 117 personal loans
APR
5.99 - 21.49 %
with Autopay
Term
2 - 6years
Loan amount
$5,000 - $100,000
  • Minimum credit:
    scorer
    Fair (580-669)
  • Autopay discount:
    0.5%
  • Origination fee:
    No origination fee.
  • Funds available in:
    1 business day.
  • Loan Purpose:
    Personal Loan
  • Pros:
    • Low rates
    • No fees
    • Fast approval and funding
    • Rate discount for autopay
    • Digital experience
  • Cons:
    • Minimum loan amount is a bit high
    • Requires a long credit history

LightStream is the online lending division of Truist (formerly SunTrust Bank).

The key feature of LightStream's online personal loans is that they can be up to $100,000 and used for nearly any reason.

LightStream charges no fees on its personal loans. Plus, it offers to send you $100 if you’re unsatisfied with the loan process.

See LightStream full product review
Check rates
On partner's site
APR
6.99 - 24.99 %
with Autopay
Term
3 - 6years
Loan amount
$3,500 - $40,000
  • Minimum credit:
    scorer
    Fair (580-669)
  • Autopay discount:
    0.25%
  • Origination fee:
    No origination fee.
  • Funds available in:
    5 business days.
  • Loan Purpose:
    Personal Loan
  • Pros:
    • No fees
    • Autopay discount
  • Cons:
    • Long time to receive funds
    • No Cosigner Option

Marcus offers unsecured personal loans up to $40,000 with rates from 6.99% to 24.99%.

Marcus does not charge origination, late payment and check processing fees.

See Marcus by Goldman Sachs full product review
Check rates
On partner's site
APR
5.6 - 35.99 %
Term
3 - 5years
Loan amount
$1,000 - $50,000
  • Minimum credit:
    scorer
    Poor (300-579)
  • Origination fee:
    10%
  • Funds available in:
    1 business day.
  • Loan Purpose:
    Personal Loan
  • Pros:
    • No prepayment penalty
    • Next day funding
  • Cons:
    • Origination Fee
    • Extra Fees

Upstart loans range from $1,000 to $50,000. Not all applicants will qualify for the full amount.

The minimum loan amount: $7,000 (MA), $6,000 (Ohio), $5,100 (NM), $3,100 (GA), $2,100 (HI).

Borrowers need credit scores of 580 or higher.

Upstart offers fixed-rate APRs that vary from 5.60% to 35.99%. Loan terms are available for 3 or 5 years.

The origination fee ranges from 0% to 8%.

See Upstart full product review
Check rates
On partner's site
APR
8.99 - 29.99 %
Term
2 - 5years
Loan amount
$5,000 - $40,000
  • Minimum credit:
    scorer
    Good (670-739)
  • Origination fee:
    5%
  • Funds available in:
    3-6 business days.
  • Loan Purpose:
    Personal Loan
  • Pros:
    • No prepayment or late fees
    • Free monthly FICO score updates
  • Cons:
    • Co-signers are not accepted
    • Origination Fee
    • Slow funding
    • Not available in all states

The Payoff Loan™ is an unsecured personal loan designed to consolidate your credit cards into one monthly payment. Payoff requires a minimum FICO credit score of 640 or higher. It provides loans of up to $40,000.

The Payoff platform provides loans with rates between 8.99% and 29.99% APR. Minimum loan amount and APR may vary in certain states.

See Payoff® full product review
Check rates
On partner's site
APR
8.3 - 36 %
Term
3 - 5years
Loan amount
$1,000 - $40,000
  • Minimum credit:
    scorer
    Poor (300-579)
  • Origination fee:
    3 - 6%
  • Funds available in:
    1 business day.
  • Loan Purpose:
    Personal Loan
  • Pros:
    • Quick, easy online application
    • Fast funding
  • Cons:
    • Origination fee

LendingClub offers loans of $1,000 to $40,000.

The APR range is from 8.30% to 36.00%. Loan terms are available for 3 or 5 years.

LendingClub charges an origination fee of 3% to 6% on personal loans.

See LendingClub full product review
Check rates
On partner's site
APR
7.99 - 23.43 %
with Autopay
Term
2 - 7years
Loan amount
$5,000 - $100,000
  • Minimum credit:
    scorer
    Good (670-739)
  • Autopay discount:
    0.25%
  • Origination fee:
    No origination fee.
  • Funds available in:
    1 business day.
  • Loan Purpose:
    Personal Loan
  • Pros:
    • Fast approval and funding
    • Rate discount for autopay
    • No Fees
  • Cons:
    • Not available to residents of Mississippi
    • No secured loan option

SoFi loans range between $5,000 to $100,000.

The APR range is from 7.99% to 23.43% (with discounts). Loan terms are available for 2 or 7 years.

The loan is not available in Mississippi.

SoFi personal loans have no fees: no origination fees, no late fees, no prepayment penalties.

See SoFi full product review
Check rates
On partner's site
APR
9.95 - 35.95 %
Term
1 - 5years
Loan amount
$2,000 - $35,000
  • Minimum credit:
    scorer
    Poor (300-579)
  • Origination fee:
    4.75%
  • Funds available in:
    1 business day.
  • Loan Purpose:
    Personal Loan
  • Pros:
    • Fast approval and funding
    • Low minimum credit score requirements
    • No prepayment fees
  • Cons:
    • Fees
    • No Autopay discount
    • No Cosigner Option

Avant offers unsecured loans of $2,000 to $35,000. Rates range from 9.95% to 35.95%.

Avant charges an origination fee up to 4.75%.

Avant personal loans are not available in Colorado, Iowa, West Virginia, New York, Vermont, Hawaii, and Nevada.

See Avant full product review
Check rates
On partner's site
APR
7.95 - 35.99 %
Term
3 - 5years
Loan amount
$2,000 - $40,000
  • Minimum credit:
    scorer
    Fair (580-669)
  • Origination fee:
    2.41 - 5%
  • Funds available in:
    1 business day.
  • Loan Purpose:
    Personal Loan
  • Pros:
    • Fast approval and funding
    • Simple application process
  • Cons:
    • Origination fee
    • Extra Fees
    • No Autopay Discount
    • Not available in all states

Prosper offers fixed-rate APRs that vary from 7.95% to 35.99%. Loan terms are available for 3 or 5 years.

The origination fee ranges from 2.41% to 5%. Prosper charges $15 for failed payments or returned checks. Payments that are 15 or more days late are assessed a late fee.

If you don't qualify for a personal loan with Prosper, consider applying with a co-applicant.

See Prosper full product review
Check rates
On partner's site
APR
7.99 - 35.99 %
Term
3 - 5years
Loan amount
$2,000 - $50,000
  • Minimum credit:
    scorer
    Good (670-739)
  • Origination fee:
    0.99 - 8.99%
  • Funds available in:
    1-3 business days.
  • Loan Purpose:
    Personal Loan
  • Pros:
    • Fast approval
    • Low fixed rates
    • Fast funding
  • Cons:
    • Fee charged

Best Egg is a national online lending platform offering personal loans starting at $2,000 for a variety of purposes.

Best Egg’s personal loans are ideal for consolidating debt or funding major expenses. Borrowers cannot use loans toward securities or postsecondary educational expenses.

There are no prepayment penalties, so you can pay off the loan ahead of schedule without extra fees.

Best Egg origination fees vary from 0.99% to 8.99%.

The quote you receive is based on multiple factors, including: Credit score and history, Income, Debt obligations, Loan amount, Repayment term (36 vs. 60 months).

See Best Egg full product review
Check rates
On partner's site
APR
18 - 35.99 %
Term
2 - 5years
Loan amount
$1,500 - $20,000
  • Minimum credit:
    scorer
    Poor (300-579)
  • Origination fee:
    $25 - $500
  • Funds available in:
    1 business day.
  • Loan Purpose:
    Personal Loan
  • Pros:
    • Secured and unsecured options
    • Poor-credit applicants considered
  • Cons:
    • Origination fee
    • Extra Fees
    • High Rates

OneMain Financial offers loans that range from $1,500 to $20,000. The annual percentage rate ranges from 18.00% to 35.99%.

You may be approved for an unsecured or a secured loan. A secured loan requires you to provide collateral, such as a motor vehicle, while an unsecured loan doesn’t require any collateral at all.

OneMain charges late payment fees. These fees may range from a flat amount of $5 to $30 per late payment, or they may be a percentage of your entire monthly payment amount or a percentage of the delinquent portion of your monthly payment amount, ranging from 1.5% to 15%.

The lender charges an origination fee. Flat fees vary by state and range from $25 to $500. Percentage fees range from 1% to 10% of the loan.

See OneMain Financial full product review
Check rates
On partner's site
For example, if you apply for a 2-year $5,000 personal loan with an interest rate of 15% and an origination fee of 5% you would receive $4,750 and make 24 payments of $242.43. The total amount paid would be $5,818.
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Showing 117 personal loans
Amount
$
Credit Score
City, state or Zip
  • Oklahoma City, OK
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Loan Purpose
  • Personal Loan
  • Home Improvement Loan
  • Medical (Dental) Loan
  • Debt Consolidation Loan
  • Major Purchase
  • Refinance Credit Card
  • Moving Expenses (Relocation)
  • Travel
  • Other

TOP 5 banks offering personal loans in Oklahoma City

Showing 5 banks
Sort by: Branches
Branches 15 bank branches
Total Assets (US$M)3,380,824,000
South Western And 119th
Monday: 9:00 AM - 5:00 PM
Nichols Hills
Monday: 9:00 AM - 5:00 PM
Nw Expressway And Portland
Monday: 9:00 AM - 5:00 PM
Show all departments
Branches 13 bank branches
Total Assets (US$M)45,202,565
Quail Creek Branch
11300 North May Avenue, Oklahoma City, OK, 73120
Candlewood Branch
6517 Nw Expressway, Oklahoma City, OK, 73132
119th & Penn Branch
11830 South Pennsylvania Avenue, Oklahoma City, OK, 73170
Show all departments
Branches 13 bank branches
Total Assets (US$M)33,075,693
May & Memorial Branch
13240 North May Avenue, Oklahoma City, OK, 73120
Sw 104th & Penn Branch
2101 South West 104Th, Oklahoma City, OK, 73159
Midfirst Bank
501 Nw Grand Boulevard, Oklahoma City, OK, 73118
Show all departments
Branches 8 bank branches
Total Assets (US$M)2,440,022,000
Branches 7 bank branches
Total Assets (US$M)37,409,499
23rd Street Branch-ok
4631 Nw 23Rd Street, Oklahoma City, OK, 73127
Ok-23rd Street Motor Branch
4712 Northwest 23Rd Street, Oklahoma City, OK, 73127
Downtown Motor Bank - Ok
620 N. Robinson, Oklahoma City, OK, 73102
Show all departments

Choosing the Best Personal Loan in Oklahoma City, Oklahoma

When choosing the ideal personal loan in Oklahoma City, Oklahoma, it is crucial to take into account several key factors.

Annual Percentage Rates (APR)

When assessing loan options, it is crucial to pay close attention to the Annual Percentage Rate (APR). Unlike a simple interest rate, the APR incorporates additional fees, providing a more comprehensive estimate of the total cost of credit. Comparing APRs enables you to identify the loan that offers the most favorable terms in the long run.

In Oklahoma City, the APR typically spans from 4.49% to 36%, highlighting the range of rates available for personal loans in the area.

Loan Amounts

Researching loan amount options is necessary to find a lender who offers the loan amount you want. Loans ranging from $100 to $500,000 are available in Oklahoma City. Some lenders even provide flexible loans that allow you to withdraw funds in installments, paying interest only on the amount used. This flexibility is beneficial for projects where the funds required may change over time, such as home repairs or car repairs.

Monthly Payments

Consider your budget when estimating your monthly payment. It should fit comfortably within your financial constraints, allowing you to cover your regular expenses and repay the loan with interest at the same time.

Credit Requirements

While most lenders prefer borrowers with good to excellent credit scores (670 or higher), some lenders may accept individuals with poor to fair credit. Although a higher credit score doesn't guarantee lower rates, it increases your chances of approval. In Oklahoma City, the lowest acceptable credit score is Poor (300 - 579). Tailor your search based on your credit score to secure the best loan terms possible.

Collateral

Unsecured personal loans are more common and do not require collateral. However, some loans may require collateral, which can result in lower interest rates. Unsecured loans typically have higher interest rates. If you're concerned about high interest rates, especially those as high as 36% in Oklahoma City, a secured personal loan may be worth considering.

Origination Fee

In addition to interest, many lenders charge origination fees. These fees, a percentage of the total loan amount, cover processing costs. While the average origination fee ranges from 0.5% to 1%, fees vary among lenders. Choosing a personal loan with low origination fees can lead to long-term savings.

Comparing and Choosing the Best Personal Loan in Oklahoma City, Oklahoma

LenderAPRLoan AmountLoan termOrigination FeeScore RequiredApply
LightStream
6.49 - 21.99%$5,000 - $100,0002 - 6 yearsNo origination fee.From Fair (580-669) to Fair (580-669)Check rates
On partner's site
Marcus by Goldman Sachs
7.24 - 25.24%$3,500 - $40,0003 - 6 yearsNo origination fee.From Fair (580-669) to Excellent (740-799)Check rates
On partner's site
Upstart
5.6 - 35.99%$1,000 - $50,0003 - 5 years10%From Poor (300-579) to Excellent (740-799)Check rates
On partner's site
Payoff®
8.99 - 29.99%$5,000 - $40,0002 - 5 years5%From Good (670-739) to Excellent (740-799)Check rates
On partner's site
LendingClub
8.3 - 36%$1,000 - $40,0003 - 5 years3 - 6%From Poor (300-579) to Excellent (740-799)Check rates
On partner's site
SoFi
8.24 - 23.68%$5,000 - $100,0002 - 7 yearsNo origination fee.From Good (670-739) to Excellent (740-799)Check rates
On partner's site
Avant
9.95 - 35.95%$2,000 - $35,0001 - 5 years4.75%From Poor (300-579) to Excellent (740-799)Check rates
On partner's site
Prosper
7.95 - 35.99%$2,000 - $40,0003 - 5 years2.41 - 5%From Fair (580-669) to Excellent (740-799)Check rates
On partner's site
Best Egg
7.99 - 35.99%$2,000 - $50,0003 - 5 years0.99 - 8.99%From Good (670-739) to Good (670-739)Check rates
On partner's site
OneMain Financial
18 - 35.99%$1,500 - $20,0002 - 5 years$25 - $500From Poor (300-579) to Excellent (740-799)Check rates
On partner's site

Increasing Personal Loan Approval Odds in Oklahoma City, Oklahoma

  • Improve Your Credit Score. Enhancing your credit score significantly improves your chances of loan approval. Make timely payments, keep your credit utilization low, avoid excessive credit applications, and review your credit reports for any errors that need to be addressed.
  • Increase Your Income. Lenders take into account your debt-to-income ratio when evaluating your loan application. Boosting your income, such as by requesting a raise or taking on a part-time job, can improve your odds of approval by reducing the ratio.
  • Manage Debt. Minimize acquiring new debt while applying for a personal loan. Lenders view existing debt as a risk factor that may impact your approval chances. Prioritize debt repayment to reduce your outstanding obligations and demonstrate responsible financial management.
  • Be Realistic About Loan Amounts. Requesting excessive loan amounts raises the lender's risk assessment. In Oklahoma City, it may be challenging to secure larger loans. Assess your financial needs realistically and apply for a loan amount that aligns with your income and repayment capacity.
  • Consider a Joint Applicant. Including a joint applicant or finding a co-signer can strengthen your loan application. Combining credit scores and incomes with a joint applicant or co-signer improves your overall financial profile. However, it's essential to choose a trustworthy and reliable individual as your joint applicant or co-signer, as their financial responsibilities will become interconnected.

By following these strategies, you can enhance your chances of getting approved for a personal loan in Oklahoma City. Remember to approach the loan process responsibly and carefully consider your financial circumstances.

Conclusion

To improve your chances of getting a loan in Oklahoma City, you need to take proactive steps and prepare in advance. Start by prioritizing improving your credit history, handling your debts responsibly, and maintaining a healthy financial condition overall. In addition, carefully assess your financial needs to determine the loan amount that best suits your requirements. By following these tips, you can strengthen your financial situation.

FAQ

What is the highest interest rate on a personal loan in Oklahoma City, Oklahoma?

The highest interest rate on personal loan in Oklahoma City is 36%.

What is the biggest loan amount in Oklahoma City, Oklahoma?

The biggest personal loan amount in Oklahoma City is $500,000.

What credit score do I need to have to get a personal loan in Oklahoma City, Oklahoma?

To get approved for a personal loan in Oklahoma City you need to have at least a Poor (300-579) credit score.
Myfin TeamMyfin Team

Author, editor

content@myfin.us

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