Best Personal Loans in Tulsa, OK

Oklahoma Central Credit Union is the best personal loan lender in Tulsa, Oklahoma, with a MoneyGeek score of 95 out of 100. It excels in customer service, competitive interest rates and transparency about its loan terms and process. Laurel Road is the best lender for online personal loans, with a MoneyGeek score of 93 out of 100. It provides strong customer service, a quick application and approval process, and transparency about its loan terms and process.

MoneyGeek prioritized local lenders and scored them based on factors like interest rates, loan terms, loan application process and speed of loan funding to gather our best city recommendations. If you're looking for national lenders, we compiled our top picks for the best personal loans in Oklahoma.

MoneyGeek analyzed hundreds of lenders based on a rubric that includes APR ranges, loan amounts and repayment terms, among other key areas. We use a point-based system, assigning scores according to the presence or absence of certain desirable features in various critical categories.

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Our overall analysis was completed in August 2024. Here we considered banks and credit unions with brick and mortar locations in Tulsa, Oklahoma. We also looked at online-only lenders licensed to do business in the state.

325Lenders Analyzed Nationally

Overall Best Personal Loan in Tulsa, OK

Company logo for Oklahoma Central Credit Union
Oklahoma Central Credit Union

MoneyGeek Score95
APR RangeFrom 10.99%
Loan Amount RangeUp to $25,000
Repayment TermsUp to 60 months
Time to Receive FundsUndisclosed
Overview

Oklahoma Central Credit Union is the best personal loan lender in Tulsa, Oklahoma, with a MoneyGeek score of 95 out of 100. It is federally insured by the NCUA, ensuring your funds are protected. It also holds an A+ BBB rating, reflecting its trustworthiness and customer satisfaction. There is no prepayment penalty, allowing you to pay off your loan early without extra costs. However, membership is needed to apply, which might deter some potential borrowers. The borrowing limit is $25,000, possibly insufficient for those needing larger loan amounts.

Best Online Personal Loan in Tulsa, OK

Company logo for Laurel Road
Laurel Road

MoneyGeek Score93
APR Range9.49% to 24.50%
Loan Amount Range$5,000 to $45,000
Repayment Terms36 to 60 months
Time to Receive FundsWithin 7 Days
Overview

Laurel Road is the best online lender for personal loans in Tulsa, Oklahoma, with a MoneyGeek score of 93 out of 100. The lender offers personal loans ranging from $5,000 to $45,000 with repayment terms of 36 to 60 months. It provides a 0.25% autopay discount and does not charge origination fees. However, the starting loan amount is relatively high, which may not suit those in need of smaller loans. It also applies a late fee of 5% or $28.

Calculate Your Monthly Payment in Tulsa, OK

According to the United States Census Bureau, the median annual household income in Tulsa, Oklahoma, in 2022 was $54,040. Whether your income is above or below this median value, your ability to afford the monthly loan payments is key. Use our personal loan calculator to estimate your monthly loan payments and the total cost of the loan by entering the loan amount, rate and terms.

For example, if you take out a $10,000 personal loan with a 10% interest rate and a three-year repayment term, your monthly payment would be $323, making your annual payment $3,876. This annual payment represents about 7% of the median annual household income in Tulsa, Oklahoma.

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Updated: Nov 14, 2024

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Runner-Up for Best Personal Loan in Tulsa, OK

Company logo for Tinker Federal Credit Union
Tinker Federal Credit Union

MoneyGeek Score94
APR Range10.95% to 17.99%
Loan Amount RangeUp to $35,000
Repayment TermsUp to 60 months
Time to Receive FundsUndisclosed
Overview

Tinker Federal Credit Union is the runner-up for the best personal loans in Tulsa, Oklahoma, with a MoneyGeek score of 94 out of 100. It is federally insured by the NCUA and has a BBB rating of A+, ensuring reliability and trustworthiness. However, membership is needed to apply, which might limit accessibility. The borrowing limit is $35,000, which may not suffice for larger financial needs.

Other Options for Personal Loans in Tulsa, OK

Company logo for Oklahoma's Credit Union
Oklahoma's Credit Union

MoneyGeek Score94
APR RangeFrom 11.50%
Loan Amount Range$5,000 to $15,000
Repayment Terms36 to 60 months
Time to Receive FundsSame Day
Overview

Oklahoma's Credit Union in Tulsa, Oklahoma, is a strong choice for personal loans, with a MoneyGeek score of 94 out of 100. It is federally insured by the NCUA and has an A+ BBB rating, which instills confidence in its safety and reliability. However, membership is needed to apply for a loan. The credit union also doesn't allow prequalification, which may affect planning. Despite these considerations, the credit union’s commitment to same-day funding and the option to skip a loan payment make it an appealing option for those needing quick and flexible personal financing.

Company logo for Tulsa Teachers Credit Union
Tulsa Teachers Credit Union

MoneyGeek Score92
APR RangeFrom 11.24%
Loan Amount RangeUndisclosed
Repayment TermsUp to 60 months
Time to Receive FundsUndisclosed
Overview

Tulsa Teachers Credit Union is another good choice for personal loans in Tulsa, Oklahoma, with a MoneyGeek score of 92 out of 100. This lender is federally insured by the NCUA, providing assurance of safety and security. It doesn't charge prepayment penalties, allowing you to pay off your loan ahead of schedule without extra costs. However, it's exclusive to credit union members, requiring you to join before applying for a loan. It also lacks an option to prequalify, making it harder to compare rates without affecting your credit score.

National Lenders With Physical Locations in Tulsa, OK

For those in Tulsa, Oklahoma, seeking the best personal loans with the convenience of local, in-person service, options may seem limited but are available. Among the national lenders in the city, borrowers can explore services from OneMain Financial, which has a presence in Tulsa, Oklahoma, for personal loan needs. Other national lenders typically found in larger markets are not present in this locale.

OneMain Financial18.00% to 35.99%$1,500 to $20,00024 to 60 months

What to Do if You Can't Get a Personal Loan in Tulsa, OK

Your personal loan application in Tulsa, Oklahoma, can get denied due to reasons like a low credit score, negative financial history or an unfavorable debt-to-income ratio. If this happens, there are some steps you can take to navigate this setback.

1
Find out the reason for the denial

Some lenders may deny your loan application due to a poor credit score, high debt-to-income ratio, low income level or errors in your application. Reviewing the reasons for denial can help you improve weak areas and prevent future loan application denials.

2
Modify your loan terms

You can try asking your lender if you can adjust the loan amount or repayment terms to get approved.

3
Look for another lender

Different lenders have varying eligibility criteria for personal loan approval. Shopping around and considering factors such as minimum credit score requirements, interest rates, loan terms, additional fees and customer service can help you find the best lender for your specific needs and circumstances.

4
Explore credit counseling services

Lenders often look at your debt-to-income ratio when evaluating your loan application. You may consider a credit counseling agency to manage your credit card debt better and develop your budget. You can get credit counseling from the City of Tulsa's Financial Empowerment Center. The Department of Justice's list of approved credit counseling agencies is a valuable resource to check.

FAQ About Personal Loans in Tulsa, OK

We addressed common questions about the top personal loans in Tulsa, Oklahoma, offering insights to aid your decision-making process.

Who is the best overall personal loan lender in Tulsa, Oklahoma?
What are personal loans used for in Tulsa, Oklahoma?
What are the interest rates on personal loans in Tulsa, Oklahoma?
What are the benefits and drawbacks of personal loans?
What are some personal loan red flags to look out for?
How to apply for a personal loan online?
Can I get a personal loan with bad credit in Tulsa, Oklahoma?
What are the best low-interest personal loans in Tulsa, Oklahoma?
What is an installment loan? Is there a difference between personal loans and installment loans in Tulsa, Oklahoma?
Is there a difference between credit union loans and bank loans in Tulsa, Oklahoma?

About Zachary Romeo, CBCA


Zachary Romeo, CBCA headshot

Zachary Romeo is a certified Commercial Banking and Credit Analyst (CBCA), and the Head of Loans and Banking at MoneyGeek. Previously, he led production teams for some of the largest online informational resources in higher education, with over 13 years of experience in editorial production.

Romeo has a bachelor's degree in biological engineering from Cornell University. He geeks out on minimizing personal debt and helping others do the same through people-first content.


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The content on this page is accurate as of the posting/last updated date; however, some of the rates mentioned may have changed. We recommend visiting the lender's website for the most up-to-date information available.

Editorial Disclosure: Opinions, reviews, analyses and recommendations are the author’s alone and have not been reviewed, endorsed or approved by any bank, lender or other entity. Learn more about our editorial policies and expert editorial team.