Best Personal Loans in Oklahoma

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Contributor, Benzinga
September 25, 2023

If you’re eyeing a bathroom remodel or trying to pay down debt, use a personal loan to cover the balance. Use our guide to the best personal loans in Oklahoma to find one that meets your needs.

The Best Personal Loans in Oklahoma

  • Best Online Application: Credible
  • Best for Student Loan Refinancing: SoFi
  • Best for Debt Consolidation: Payoff
  • Best for Little to No Credit: NetCredit
  • Best for Joint Loans: Prosper

Seeking out a personal loan in Oklahoma is all about finding convenience, quick funding and the type of loan that best suits your situation. At times, you may not know where to start, or you might not know the terms or even amount you need. Use these platforms to make the most out of your financial future and obtain funding for emergencies, expenses, educational costs and more.

Best for Online Application: Credible

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    Credible Operations, Inc. NMLS# 1681276

    Credible. Not available in all states.

    320 Blackwell Street Suite200 Durham, NC 27701

    Credible Operations, Inc. NMLS# 1681276, “Credible.” Not available in all states. 

    All bonus payments are by gift card. See terms

    Prequalified rates are based on the information you provide and a soft credit inquiry. Receiving prequalified rates does not guarantee that the Lender will extend you an offer of credit. You are not yet approved for a loan or a specific rate. All credit decisions, including loan approval, if any, are determined by Lenders, in their sole discretion. Rates and terms are subject to change without notice. Rates from Lenders may differ from prequalified rates due to factors which may include, but are not limited to: (i) changes in your personal credit circumstances; (ii) additional information in your hard credit pull and/or additional information you provide (or are unable to provide) to the Lender during the underwriting process; and/or (iii) changes in APRs (e.g., an increase in the rate index between the time of prequalification and the time of application or loan closing. (Or, if the loan option is a variable rate loan, then the interest rate index used to set the APR is subject to increases or decreases at any time). Lenders reserve the right to change or withdraw the prequalified rates at any time.

    Won’t impact your credit score DISCLOSURE: (May be in the footer, a tooltip, or a popup the user has to click on or scroll to see)

    Requesting prequalified rates on Credible is free and doesn’t affect your credit score. However, applying for or closing a loan will involve a hard credit pull that impacts your credit score and closing a loan will result in costs to you.

    “We accept advertising compensation from companies that appear on this site, which impacts the location and order in which brands (and/or their products) are presented, and also impacts the score that is assigned to it. Company lists on this page DO NOT imply endorsement. We do not feature all providers on the market.

    We receive compensation from the companies below if you click on a link or purchase a product. Amount of compensation may impact the ranking or placement of a particular product. Not all available financial products and offers from all financial institutions have been reviewed by this website. This content is not provided by Credible or any of the Providers on the Credible website. Any opinions, analyses, reviews or recommendations expressed here are those of the author’s alone, and have not been reviewed, approved or otherwise endorsed by Credible.

Flexibility and functionality make Credible a leading online marketplace lender. If simplicity and efficiency rank high on your list of non-negotiables, check out Credible for your loan considerations. Credible’s personal loan options range from 5.20% to 35.99% APR with terms ranging from 1 to 7 years. Loan amounts are anywhere from $600 to $100,000.

You can also apply for student loans and mortgages through Credible or refinance either type of loan. Applying is a painless process and managing your loan using the Credible app is equally easy.

***Credible Operations, Inc. NMLS# 1681276, “Credible.” Not available in all states.


  • Borrowing small amounts of money from this platform can help you with tiny expenses that simply outpaced your savings
  • The short loan terms are better suited for those borrowing small amounts of money


  • Rates on Credible could be so high that they may the loan ineffectual

Best for Student Loan Refinancing: SoFi

  • securely through SoFi Personal Loans's website
    securely through SoFi Personal Loans's website
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    The following payment example depicts the APR, monthly payment and total payments made during the life of a personal loan with a single disbursement. All loan rates below are shown with the autopay discount (0.25%) and direct deposit discount (0.25%). The monthly payment for a $30,000 loan with a 60-month term and a fixed annual percentage rate (APR) between 12.95% – 25.03% would be $681.82 – $881.07 in monthly payments, with total payments between $40,909.47  – $52,864.05. Your actual interest rate may be different than the loan interest rates in these examples and will be based on term of loan, your financial history, and other factors, including your cosigner’s (if any) financial history. Lowest rates reserved for the most creditworthy borrowers. See for details.

    Fixed rates from 8.99% APR to 25.81% APR reflect the 0.25% autopay interest rate discount and a 0.25% direct deposit interest rate discount. SoFi rate ranges are current as of 05/19/23 and are subject to change without notice. Not all applicants qualify for the lowest rate. Lowest rates reserved for the most creditworthy borrowers. Your actual rate will be within the range of rates listed and will depend on the term you select, evaluation of your creditworthiness, income, and a variety of other factors.

    Loan amounts range from $5,000– $100,000. The APR is the cost of credit as a yearly rate and reflects both your interest rate and an origination fee of 0%-6%, which will be deducted from any loan proceeds you receive.

    Autopay: The SoFi 0.25% autopay interest rate reduction requires you to agree to make monthly principal and interest payments by an automatic monthly deduction from a savings or checking account. The benefit will discontinue and be lost for periods in which you do not pay by automatic deduction from a savings or checking account. Autopay is not required to receive a loan from SoFi.

    Direct Deposit Discount: To be eligible to potentially receive an additional (0.25%) interest rate reduction for setting up direct deposit with a SoFi Checking and Savings account offered by SoFi Bank, N.A. or eligible cash management account offered by SoFi Securities, LLC (“Direct Deposit Account”), you must have an open Direct Deposit Account within 30 days of the funding of your Loan. Once eligible, you will receive this discount during periods in which you have enabled payroll direct deposits of at least $1,000/month to a Direct Deposit Account in accordance with SoFi’s reasonable procedures and requirements to be determined at SoFi’s sole discretion. This discount will be lost during periods in which SoFi determines you have turned off direct deposits to your Direct Deposit Account. You are not required to enroll in direct deposits to receive a Loan.

If you are a college grad carrying debt or a future one looking for a private loan, you’ve probably heard of SoFi. This online lender offers unsecured personal loans along with private student loans and student loan refinancing. 

If you choose SoFi as your personal loan lender, you won’t face origination or prepayment fees. Terms are fairly flexible — 5, 7, 10, 15 and 20 years at a fixed rate of 4.73% to 11.21% APR. Loan amounts are between $5,000 and $100,000. 

You can also apply for a mortgage or home equity loan with SoFi. It has investment accounts (including cryptocurrency investing), savings accounts and insurance as well.


  • SoFi makes it easy to choose varying loan durations and rates so that you can customize your experience
  • Refinancing your student loans is often the best thing you can do for your financial future


  • While graduate students and even recent college grads can try to refinance here, there’s no way to know if you will get a good deal.
  • There are times when prevailing interest rates make refinancing a lost cause

Best for Debt Consolidation: Payoff

Payoff is a solid lender for borrowers focusing on debt management. 

You can borrow anywhere from $5,000 to $35,000 at 5.65% to 22.59% APR. Terms fall between 2 to 5 years with origination fees between 0% to 5%. Payoff adds transparency to the application process by providing clear borrower standards.

Check your eligibility here:

  • Credit score of at least 640 
  • Debt-to-income (DTI) ratio under 50% 
  • Must have used credit for 3 or more years
  • 2 open credit lines with no more than 1 installment plan loan 
  • No current delinquent accounts
  • No delinquencies occurring in the last 12 months for over 90 days 

If you want to improve your creditworthiness or take the first step toward tackling your debt, check out Payoff to see if it fits your needs.


  • You can borrow a relatively large amount of money if you have quite a lot of debt to consolidate
  • The platform matches rates to loan amounts so that you can easily see how much you will be paying


  • The high credit score requirement and DTI ratio could be prohibitive
  • The high rates on this platform may seem to be a bit too much for many borrowers

Best for Little to No Credit: NetCredit

NetCredit is a good place for your business to turn when you have no credit or, perhaps, you’ve experienced some struggles with your credit in the past. You can get approved in funded in just a few days, and there are no prepayment fees. Oklahoma residents are lucky that they can take advantage of this platform and get into a loan that will give them the value they deserve because it’s not available in several other states.

You can check your chances of pre-approval with a soft credit pull, but interest rates could be high depending on your credit score. The firm also offers:

  • Low origination fees
  • Nominal late fees
  • A wide range of loan terms and values

Consider NetCredit when you want to get your business going in the right direction or need capital for a specific project. The platform is also a good place for people to get the results they need when looking for cash, especially when you don’t want to go to the bank or there aren’t many financial institutions in your area.


  • The platform has cut fees and offers optimal customer service if you have issues with your account
  • You can also pay off this loan at any time, meaning that you have a much better chance of getting out of debt faster


  • While the process is much simpler for everyone, you may feel that you require personal service that this lender cannot offer

Best for Joint Loans: Prosper

Prosper personal loans are designed to be as easy as possible for you to manage. You can select how much you need, look at the best uses for these loans and check your rate without affecting your credit. You can choose a 3 or 5-year term, there are not prepayment penalties and then you can get your loan funded right away. This is among the simplest options for Oklahoma residents, and it ensures that you can manage emergencies, unexpected expenses, home improvements, etc.

Remember, too, that these online platforms help you do your research and find the loan you need without leaving the house or driving to a far away bank or loan office.


  • You can quickly get into a loan program and seek approval so that you’re not left waiting around
  • You can do a soft credit check at any time


  • Yes, joint loans can be a good idea for some borrowers, but not every joint loan is created equal
  • Loan terms are quite limited, especially if you want a shorter or much longer loan term

Personal Loan Considerations

Consider the following when thinking about getting a personal loan: Are the rates better than other lines of credit available with your creditworthiness? Do you need a lump sum of quick cash? Can you repay the loan within the given terms? If so, a personal loan is likely your best option. Keep an eye out for predatory lenders and unreasonable terms or penalties.

Personal Loans vs. Credit Cards

Personal loans and credit cards are both lines of credit you can use to cover expenses you may not have the cash for now. A personal loan tends to have fixed rates and terms while a credit card usually has a variable rate and no set payoff period. 

A personal loan is a single chunk of credit where a credit card is a revolving line of credit. Use a personal loan if you want to cover a large expense or manage your debt; use a credit card if you want a reusable line of credit for general purchases.

Is a Personal Loan a Smart Financial Decision?

Consider a personal loan if you need to cover a costly expense or need cash, quickly. Personal loans save you money over time with lower interest rates than credit cards or paying for add-value improvements to your home. 

Personal loans can also improve your credit, garnering you lower rates and better terms in the future. With the sheer number of lenders out there, you should be able to find a personal loan with terms that you can work with. 

Frequently Asked Questions


What happens if I can’t repay my personal loan on time?


Pay attention to the terms you agree to when selecting a loan — most are rigid and you want to meet them to avoid trouble down the road. Late payment fees, collateral seizure or prepayment penalties are all common consequences of violating loan terms. Look for loans with minimal restrictions and penalty fees.



Can I get a personal loan with bad credit?


In short, yes. Some lenders specialize in lending to borrowers with less-than-perfect credit. Others may still consider you, but the terms may be strict and come with high-interest rates. If you are working on your credit, a personal loan can be a good way to improve your score. Compare personal loans to available credit cards to see which can offer you the best rates.


Can I refinance student loans?


Private student loans can be refinanced in the future if you want to save money. Take a look at your options, rates, terms, etc. so that you know what your refinancing options are in the future.