ODCC meaning in General ?

Answer: What is Oklahoma Department of Consumer Credit mean?

The Oklahoma Department of Consumer Credit (ODCC) is an agency of the state of Oklahoma. The department regulates the consumer lending business in Oklahoma by overseeing non-commercial credit, small loans, installment sales and usury. The department also investigates and licenses creditors of the state.

The department is led by a Consumer Credit Commission, which consists of eight member appointed by the Governor of Oklahoma with the consent of the Oklahoma Senate to serve five year terms. The State Banking Commissioner serves as a non-voting member of the commission. The department's executive is the Administrator of Consumer Credit who is appointed by the commission.

The department was created in 1969 during the term of Governor Dewey F. Bartlett.

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