OKPOLICY.ORGOklahoma’s maximum annual percentage rate (APR) allowed for a $500, six-month installment loan, the nation’s second highest maximum APR for such loans behind Mississippi’s 305 percent APR. The national median APR for this loan is 38.5%.
Oklahoma’s maximum annual percentage rate (APR) allowed for a $500, six-month installment loan, the nation’s second highest maximum APR for such loans behind Mississippi’s 305 percent APR. The national median APR for this loan is 38.5%.