Okla. Stat. tit. 59, § 59-1510

A. Except as provided in subsection F of Section 1511 of this

title, no pawnbroker may contract for, charge or receive any amount

as a charge in connection with a pawn transaction other than a pawn

finance charge, and no pawn finance charge calculated according to

the actuarial method shall exceed an amount equal to twenty percent

(20%) of the amount financed which does not exceed Two Hundred Fifty

Dollars ($250.00), financed for one (1) month; fifteen percent (15%)

of that amount financed which is more than Two Hundred Fifty Dollars

Oklahoma Statutes - Title 59. Professions and Occupations Page 1137

($250.00) but does not exceed Five Hundred Dollars ($500.00),

financed for one (1) month; ten percent (10%) of that amount

financed which is more than Five Hundred Dollars ($500.00) but does

not exceed One Thousand Dollars ($1,000.00), financed for one (1)

month; and five percent (5%) of that amount financed which is more

than One Thousand Dollars ($1,000.00), but does not exceed Five

Thousand Dollars ($5,000.00), financed for one (1) month; three

percent (3%) of that amount financed which is more than Five

Thousand Dollars ($5,000.00) but does not exceed Twenty-five

Thousand Dollars ($25,000.00), financed for one (1) month.

Provided, however, a minimum pawn finance charge not to exceed One

Dollar ($1.00) may be charged in lieu of the rates stated herein

without regard to the amount financed. In no case shall the amount

financed exceed Twenty-five Thousand Dollars ($25,000.00).

B. Refinancing of Pawn Transaction. The maturity date of any

pawn transaction may be changed to a subsequent date, one or more

times, by agreement between the customer and the pawnbroker,

evidenced by a writing as for a new transaction and all disclosures

shall be made to the customer as in the case of a new pawn

transaction in accordance with Section 1501 et seq. of this title,

and in such case the pawnbroker may contract for and receive a pawn

finance charge computed in accordance with this section as for a new

transaction.

C. Limitation on Charges. Except as otherwise expressly

provided for in the Oklahoma Pawnshop Act, no pawnbroker may

contract for or receive any amount as a charge in connection with a

pawn transaction.

D. Additional Pawn Finance Charges. Pledged goods not redeemed

by the customer on or before the date fixed as the maturity date for

the transaction in the pawn agreement or disclosure statement

delivered, shall be held by the pawnbroker for at least thirty (30)

days following such date, and may be redeemed by the customer within

such period by the payment of the originally agreed redemption price

and the payment of an additional pawn finance charge equal to one-

thirtieth (1/30) of the original monthly pawn finance charge for

each day following the original maturity date including the day on

which the pledged goods are finally redeemed.

E. Refunds. The pawn finance charges authorized in this

section shall be deemed to be earned at the time the pawn

transaction is made and shall not be subject to refund, except as

otherwise provided for in subsection E of Section 1509 of this

title.