Personal loans in Freedom, OK
State law, not city hall, decides what a lender may do to Freedom's roughly 180 residents, and a state regulator supervises it.
Freedom is a small community in Oklahoma, with an estimated 180 residents, and every licensed lender here follows the same state rulebook. The Census estimates 180 residents in Freedom, which ranks it 442nd of 590 places in Oklahoma. Between the 2020 Census base and the 2023 estimate, Freedom's population barely changed. If debt is already a strain, a nonprofit credit counsellor can help Freedom residents before they take on more. The next larger city is Waynoka, OK about 18 miles away.
Where Freedom stands
Here is the sourced Census picture for Freedom, plus the Oklahoma lending rules that apply to a loan taken out here.
- Population: 180 residents; Freedom is the 442nd-largest of 590 places in Oklahoma (US Census Bureau, Vintage 2023).
- Population trend: About level with the 2020 Census.
- Size percentile: with 180 residents, Freedom is larger than about 25% of Oklahoma's Census places.
- Population density: about 460 people per square mile (Census land area 0.4 sq mi).
- Land area rank: Freedom's 0.4 square miles rank 468th of 590 places in Oklahoma.
- State share: roughly 0.0% of Oklahoma's residents live in Freedom (180 people).
- National standing: Freedom ranks 16,786th of 19,457 US places.
- Growth rank: Freedom ranks 344th among Oklahoma's 590 places for the 2020-to-2023 change.
- Against the state trend: Freedom's 0.0% change compares with a Oklahoma average of +1.3% across its 590 places.
- Density rank: Freedom places 334th among Oklahoma's places by people per square mile.
- Against the state median: Freedom runs about 460 residents per square mile, where the Oklahoma median is 546.
- Location: it lies at 36.7675, -99.1123 in the Census Gazetteer.
- Nearest larger cities: Waynoka (18 mi); Mooreland (23 mi); Alva (25 mi); Woodward (29 mi); Fort Supply (29 mi). A bigger neighbour may offer more branches; the rate you see still follows your credit, not your address.
- Nearest smaller towns: Hardtner (31 mi); Dacoma (31 mi); Sharon (36 mi).
- Within a 50-mile radius: 14 smaller Census places.
- At 100 miles: 119 larger Census places fall inside that radius.
What shapes a Freedom personal loan
With roughly 180 residents, Freedom is a small community; its personal loans are typically unsecured, priced from your credit rather than the city's size. The rate you see advertised is a range, not a promise, until a lender reviews your file in Freedom. The term you choose in Freedom decides the split between a comfortable payment and the total interest you pay.
Borrowing reach in Freedom
With about 460 residents per square mile, Freedom is lightly settled, and 21 larger Census places sit within 50 miles. A Oklahoma licence lets a lender serve Freedom without a local office, so branch density does not change what its 180 residents are offered. The nearest larger city, Waynoka, OK about 18 miles away.
How Oklahoma law applies in Freedom
For the roughly 180 residents of Freedom, the rules below are Oklahoma's own; each row carries its publisher and retrieval date.
| Rule | Detail | Source |
|---|---|---|
| State lending regulator | Oklahoma Department of Consumer Credit (OKDOCC) Source says: "The Department is responsible for the regulation of consumer credit sales and consumer loans in the State of Oklahoma." | Oklahoma Department of Consumer Credit as of 2026-09-16 |
| Maximum legal interest rate (usury cap) | 6% per annum legal rate in the absence of a contract; parties may agree to any rate authorized by law. Source says: "The legal rate of interest shall be six percent (6%) in the absence of any contract as to the rate of interest" (15 O.S. 266). | Oklahoma State Courts Network (Oklahoma Statutes, OSCN) as of 2026-09-16 |
| Payday lending status | Prohibited since August 1, 2020: no new deferred deposit (payday) loans may be made; all Deferred Deposit Lending Act licenses terminated. Source says: "Beginning on and after August 1, 2020, no new deferred deposit loan may be entered into or transacted by a licensee or other person" and "All Deferred Deposit Lending Act licenses shall be terminated and be deemed to have expired on August 1, 2020" (59 O.S. 3101.1). | Oklahoma State Courts Network (Oklahoma Statutes, OSCN) as of 2026-09-16 |
The geography behind Freedom
Freedom covers about 0.4 square miles of land (Census Gazetteer); no significant water area is recorded inside its boundaries. That land carries about 460 people per square mile. The state's population centre of gravity, Oklahoma City, is roughly 127 miles away. Freedom has 21 larger places within a 50-mile radius. The 100-mile radius contains 119 larger places.
How Freedom compares across Oklahoma
Against Oklahoma's other places, Freedom accounts for about 0.0% of the state's population and ranks 442nd of 590 by size. For population change between 2020 and 2023, Freedom ranks 344th of 590 in Oklahoma (about the 42th percentile). By density, at about 460 people per square mile, it ranks 334th in Oklahoma. Between 2020 and 2023 the count changed by roughly 0 residents.
Common questions
What are my options in Freedom if my credit is poor?
What loan size can I expect in Freedom?
Do I have to pledge anything to borrow in Freedom?
Does comparing loans in Freedom cost me credit score points?
Nearby places
- Waynoka, OK — population 699
- Mooreland, OK — population 1,139
- Alva, OK — population 4,978
- Woodward, OK — population 11,753
- Fort Supply, OK — population 315
- Hardtner, KS — population 161
- Buffalo, OK — population 1,015
- Mutual, OK — population 62