- Payday loans in Allen follow Oklahoma law (Oklahoma Deferred Deposit Lending Act (59 O.S. §§ 3101–3119)).
- Borrowing $300 at the state maximum costs $45.
- The nearest larger city is Shawnee, about 46 miles away.
Allen at a glance
| Allen | |
|---|---|
| Population (2024 Census estimate) | 803 |
| Change since 2020 | +0.1% (holding steady) |
| Counties | Hughes County and Pontotoc County |
| Size rank among 411 Oklahoma places we cover | 242nd |
| Nearest larger city | Shawnee (about 46 miles) |
| Credit unions headquartered in town (NCUA) | None |
| Credit unions headquartered in these counties | 1 |
| Other towns within 25 miles | 10 (about 29,825 residents) |
| Typical payday APR statewide (CRL 2023) | 424% |
Payday lending in Allen follows Oklahoma state law. Lenders that serve Allen, in a store or online, must be licensed by the Oklahoma Department of Consumer Credit.
Credit unions near Allen
No credit union has its main office in Allen, but these are based elsewhere in Hughes County (NCUA, June 2026):
- Arbuckle Federal Credit Union in Ada (federal charter — may offer payday alternative loans (PALs))
Only federal credit unions can offer payday alternative loans (PALs), capped at 28% APR; state-chartered credit unions often have their own small-loan products. Membership rules apply, and only main offices are listed here; find branches near you with the NCUA Credit Union Locator. See how PALs work.
Payday loan rules that apply in Allen
The main Oklahoma rules for a payday loan in Allen: maximum loan: $500; maximum fee: $15 per $100 on the first $300, then $10 per $100; loan term: 12 to 45 days. See the full Oklahoma payday loan rules.
What a $300 loan costs in Allen
The Center for Responsible Lending put the typical APR on a $400 payday loan in Oklahoma at 424% (June 2023). For $300 at the state maximum, expect $45. Check any offer with our payday loan calculator.
Other help in Hughes County before you borrow
- Call or text 211 for help with rent, utilities and food in Hughes County.
- Ask a federal credit union about a PAL: $200–$2,000 at no more than 28% APR (how PALs work).
- Check your bank app for a small-dollar loan or early pay (bank options).
- Try a cash advance app if you have direct deposit (apps compared).
Towns near Allen
The nearest larger city is Shawnee, about 46 miles away. See all 411 Oklahoma cities.
Need cash before payday?Send one free request to our lender network. We are not a lender; offers and rates come from lenders.
Request a loanFrequently asked questions
Are payday loans legal in Allen?
Yes. Payday loans are legal in Allen under Oklahoma state law, and lenders must be licensed by the Oklahoma Department of Consumer Credit.
How much does a payday loan cost in Allen?
At Oklahoma’s maximum fee, borrowing $300 costs $45. The typical statewide APR was 424% in 2023.
Where is the nearest credit union to Allen?
No credit union is headquartered in Allen, but Arbuckle Federal Credit Union is based in Ada, also in Hughes County.
Sources
- U.S. Census Bureau — City and town population totals, Vintage 2024
- U.S. Census Bureau — 2024 Gazetteer files (place locations)
- NCUA — Credit union call report data, June 2026 (FOICU)
- Oklahoma Legislature — SB 1565 (2004)
- Center for Responsible Lending — Red Alert Rates: APRs on $400 single-payment payday loans (June 2023)
- CDFI Fund — NCUA payday alternative loans summary