Ada, OK · South · Allowed
Payday loans in Ada
Ada is governed by Oklahoma's statewide lending law — cities don't set their own loan rules. Storefront payday lending is permitted in Oklahoma. State law caps what lenders can charge — the limits below are the legal ceiling, and honest lenders stay under it.
The limits below are the legal ceiling — any offer above them is being made outside the law.
Lending storefronts in Ada
17,371 residents · Pontotoc County Median household income is $35,330 — below the Oklahoma median of $48,005.
4 storefront locations of 4 companies listed in the public directory snapshot below. Categories are the directory's own — verify a store's license with the state regulator before borrowing.
| Lender | Address | Phone | Hours |
|---|---|---|---|
| Continental Credit Installment Loans | 219 E Main St, 74820 | (580) 436-2203 | Mon–Fri 9:00 AM - 5:00 PM · Sat–Sun Closed |
| Red River Credit Title Loans, Installment Loans | 200 W Main St Ste A, 74820 | (580) 310-9816 | Hours not listed |
| Security Finance Installment Loans | 207 E Main St, 74820 | (580) 436-5380 | Mon 9:00 AM - 5:00 PM · hours vary |
| Sun Loan Company Tax Services, Installment Loans | 300 E Main St, 74820 | (580) 332-3633 | Mon 8:30 AM - 5:30 PM · hours vary |
Listing data: public business directory, collected 2022-02-20. Stores close and relocate — confirm with the regulator's license lookup on the Oklahoma page before visiting. Spot an error? Report it.
The online route in Ada
A parallel market lends entirely online — application, decision and funding on a website, no storefront. Lenders licensed in Oklahoma follow the state schedule anywhere in the state, but bank-partner and tribal loans are structured outside state rate limits, and regulators dispute that model.
From the online lenders directory — terms each lender publishes about itself, checked September 2026. Directory only: we are not affiliated and make no availability promises — verify with the lender and the Oklahoma regulator.
The rules behind the numbers
Deferred deposit loans are intended for short-term financial needs and should not be used as long-term financial solutions.
In practice: borrow $300 for a standard term and the finance charge is $45 — $345 repaid at the end, about 391% APR. Every compliant lender in Ada has to fit inside that schedule.
Statute: Okla. Stat. tit. 59, § 3101 et seq.
Regulator: Oklahoma Department of Consumer Credit · www.ok.gov
Questions people ask in Ada
Are payday loans legal in Ada, OK?
Yes. Storefront payday lending is permitted across Oklahoma, and Ada runs under the same state rules: maximum loan $500, fees capped at $15 per $100 for first $300, $10 per $100 above $300. A store charging above the cap is operating illegally.
How much would a $300 loan cost me in Ada?
The same as anywhere in Oklahoma: state law sets the schedule. On a typical $300 loan the finance charge is about $45 — $345 repaid at the end of the standard term.
Which lenders have stores in Ada?
4 storefronts are listed in Ada in our 2022-02-20 directory snapshot (4 different companies). The full list with addresses, phones and hours is in the table above.
Who regulates lenders in Ada?
Complaints about a lender go to the Oklahoma Department of Consumer Credit (www.ok.gov) — keep the loan agreement and every fee disclosure you were given.