Okla. Stat. tit. 14A, § 14A-3-109

(1) (a) "Loan finance charge" means a finance charge composed

of the sum of:

(i) all charges payable directly or indirectly by the

debtor and imposed directly or indirectly by the

lender as an incident to the extension of credit,

including any of the following types of charges,

which are applicable: interest or any amount

payable under a point, discount, or other system

of charges, however denominated, premium or other

charge for any guarantee or insurance protecting

the lender against the debtor's default or other

credit loss; and

(ii) charges incurred for investigating the collateral

or credit worthiness of the debtor or for

commissions or brokerage for obtaining the

credit, irrespective of the person to whom the

charges are paid or payable unless the lender had

no notice of the charges when the loan was made.

(b) The term does not include charges as a result of

default, additional charges under Sections 3-202 and

subsection (4) of 3-508A of this title, delinquency

charges under Section 3-203 of this title, deferral

charges under Section 3-204 of this title, charges of

a type payable in a comparable cash transaction, or

sellers points. The finance charge shall not include

Oklahoma Statutes - Title 14A. Consumer Credit Code Page 82

fees and amounts imposed by third-party closing

agents, including settlement agents, attorneys, and

escrow and title companies, if the creditor does not

require the imposition of the charges or the services

provided and does not retain the charges. Examples of

charges which are included in the finance charge

include any of the following types of charges which

are applicable:

(i) Interest, time price differential, and any amount

payable under a point, discount, or other system

of additional charges;

(ii) Service or carrying charge;

(iii) Loan fee, finder's fee, or similar charge;

(iv) Fee for an investigation or credit report;

(v) Premium or other charge for any guarantee or

insurance protecting the creditor against the

obligor's default or other credit loss; and

(vi) Borrower-paid mortgage broker fees, including

fees paid directly to the broker or the lender,

for delivery to the broker, whether such fees are

paid in cash or financed.

(2) If a lender makes a loan to a debtor by purchasing or

satisfying obligations of the debtor pursuant to a lender credit

card or similar arrangement, and the purchase or satisfaction is

made at less than the face amount of the obligation, the discount is

not part of the loan finance charge.