Okla. Stat. tit. 24, § 24-132

As used in the Credit Services Organization Act:

1. "Buyer" means any individual who is solicited to purchase or

who purchases the services of a credit services organization;

2. a. "Credit services organization" means any person who,

with respect to the extension of credit by others,

sells, provides, performs, or represents that the

person can or will sell, provide, or perform, in

return for the payment of money or other valuable

consideration from any source, any of the following

services more than twelve times in a calendar year:

(1) improving a buyer's credit record, history, or

rating,

(2) obtaining an extension of credit for a buyer, or

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(3) providing advice or assistance to a buyer with

regard to division (1) or (2) of this

subparagraph,

b. "Credit services organization" does not include:

(1) any person authorized to make loans or extensions

of credit under the laws of this state or the

United States who is subject to regulation and

supervision by this state or the United States or

a lender approved by the United States Secretary

of Housing and Urban Development for

participation in any mortgage insurance program

under the National Housing Act,

(2) any bank, savings and loan institution or credit

union whose deposits or accounts are eligible for

insurance by the Federal Deposit Insurance

Corporation, the Federal Savings and Loan

Insurance Corporation, or the National Credit

Union Administration or a subsidiary of such

bank, savings and loan institution or credit

union,

(3) any nonprofit organization exempt from taxation

under Section 501(c)(3) of the Internal Revenue

Code,

(4) any person licensed as a real estate broker by

this state if the person is acting within the

course and scope of that license,

(5) any person licensed to practice law in this state

if the person renders services within the course

and scope of the practice of the person as an

attorney,

(6) any broker-dealer registered with the Securities

and Exchange Commission or the Commodity Futures

Trading Commission if the broker-dealer is acting

within the course and scope of that regulation,

(7) any consumer reporting agency as defined in the

Federal Fair Credit Reporting Act, 15 U.S.C.,

Sections 1681 through 1681t,

(8) any person authorized to file electronic income

tax returns who does not receive any

consideration for refund anticipation loans,

(9) any residential mortgage broker as defined in the

Mortgage Broker Licensure Act, or

(10) any insurance company, its affiliates and

subsidiaries, authorized to do business in this

state by the Insurance Commissioner, including

insurance agents licensed in this state;

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3. "Extension of credit" means the right to defer payment of

debt or to incur debt and defer its payment offered or granted

primarily for personal, family, or household purposes, or to anyone

whose principal occupation is agricultural in nature; and

4. "Administrator" means the Administrator of the Department of

Consumer Credit.