Oklahoma Financial Distress Profile

The credit card delinquency rate in Oklahoma is 13.3% as of Q4 2025, ranking #11 among the 51 states and DC, 0.9 percentage points above the U.S. 12.4%. It is up 4.4 percentage points from 8.9% in Q4 2019.

The NY Fed reports a $43,170 total debt balance per adult with a credit file in Oklahoma, $20,030 below the U.S. $63,200 on the same basis. That is 23% higher than in Q4 2019. Oklahoma ranks #47 on that basis.

Auto loan delinquency in Oklahoma is 5.5% as of Q4 2025, 0.3 percentage points above the U.S. 5.2%. This ranks #20 of 51. The rate is down from 5.6% in Q4 2019.

Oklahoma mainly uses judicial foreclosure, which goes through the courts. See our Oklahoma foreclosure guide for the timeline, homeowner protections and where to get free help.

Oklahoma scores 60 on the State Distress Index (moderate-high state distress), which means it is more distressed than 60% of the 50 states and D.C.. It ranks #21 of 51 jurisdictions, in the middle fifth. The score is built from 4 equal-weighted domains: delinquency, default and legal, debt burden on a housing basis, and labor. It ranks states against each other at one time. Separately, the national American Distress Index reads 47.0 (Typical) for the country over time. The composite itself sits higher than 44% of all published quarters since 2005.

The CFPB has received 2,848 mortgage complaints from Oklahoma since 2012, 70.8 per 100,000 residents, 64.2 below the U.S. rate of 135. That ranks #40 of 51. Companies responded to 98.2% of Oklahoma complaints on time.

Oklahoma had 7,453 bankruptcy filings in the 12-month period ending Dec 2025, 185.4 per 100,000 residents, 16.3 above the U.S. rate of 169.1. This ranks #18 of 51. Chapter 7 filings account for 82.2% and Chapter 13 for 17.4%. That is 15.2% more filings than in 2024.

19.6% of people with a credit file in Oklahoma have debt in collections, 5.7 percentage points above the U.S. average of 13.9%. This ranks #5 of 51. 20.5% have subprime credit scores (below 620), 3.6 percentage points above the U.S. average of 16.9%. Data from the Federal Reserve Bank of Philadelphia Consumer Credit Explorer (NY Fed / Equifax), Q1 2025.

547,574 residents of Oklahoma received SNAP benefits in June 2026, an enrollment rate of 13.6%, 2.8 percentage points above the U.S. rate of 10.8%. This ranks #7 of 51. That is 20.8% fewer people than in June 2025. The rate is 0.7 percentage points below the October 2019 to February 2020 average.

Oklahoma scores 57 out of 100 on the Safety Net Index, ranking #6 of 51 (Moderate). The score combines Medicaid coverage (21% enrollment rate, expansion state), SNAP enrollment (13.6%), and foreclosure legal protections. That is above the state average of 43.6.

Seminole County is the most distressed county in Oklahoma with a County Distress Index score of 97 · extreme county distress, ranking #92 nationally out of 3,144 counties. Adair County (95 · extreme county distress), Okmulgee County (94 · extreme county distress), Muskogee County (94 · extreme county distress) are next. Beaver County is the least distressed at 12 · very low county distress. See all 77 counties at /counties/oklahoma/.

Oklahoma mainly uses judicial foreclosure, which goes through the courts. The timeline varies by county and case. Paying to stop the foreclosure: In an out-of-court power-of-sale foreclosure, the lender's notice of intent to foreclose must give you 35 days from the date the notice is sent to cure the default and reinstate the mortgage, and must state the amount needed to cure. After that, or in a court foreclosure, any chance to reinstate by paying only the past-due amounts depends on your loan terms or the lender's agreement. In a power-of-sale foreclosure, a homestead borrower who has been in default more than four times in a 24-month period, and has been sent the notice of intent to foreclose, is not entitled to another one (the notice that gives the 35-day cure period) before the lender accelerates the loan. For non-homestead property, the limit is more than three defaults in 24 months. Homestead exemption: Unlimited dollar value (up to 1 acre urban / 160 acres rural) under the Oklahoma Constitution, Art. 12, § 1, except that for a home in a city or town, the exemption is capped at $5,000 if more than 25% of the square footage of the improvements is used for business. Protects against most unsecured creditors but does NOT stop the mortgage lender from foreclosing. Full details at /help/foreclosure/oklahoma/.

Oklahoma scores 60 on the State Distress Index (moderate-high state distress), which means it is more distressed than 60% of the 50 states and D.C.. It ranks #21 of 51 jurisdictions, in the middle fifth. 3 of 5 NY Fed household debt measures are above the U.S. figure. The State Distress Index domain with the highest score is Delinquency. County Distress Index details are listed separately by county. The safety net ranks #6 (Moderate).