{"id":249,"date":"2017-02-17T18:02:26","date_gmt":"2017-02-17T18:02:26","guid":{"rendered":"https:\/\/financer.com\/us\/?post_type=company_single&p=249"},"modified":"2024-04-24T07:37:07","modified_gmt":"2024-04-24T14:37:07","slug":"opploans","status":"publish","type":"company_single","link":"https:\/\/financer.com\/us\/company\/opploans\/","title":{"rendered":"OppLoans"},"content":{"rendered":"\n

OppLoans provides personal loans as an alternative to payday loans. They offer short-term installment loans from Opportunity Financial (OppFi).<\/p>\n\n\n\n

OppLoans started offering loans in 2012 to borrowers who experienced financial difficulty offer the 2008 financial crisis. <\/p>\n\n\n

Apply for an OppLoans Loan Now<\/a><\/div>\n\n\n

How We Rate OppLoans<\/h2>\n\n\n\n

At Financer.com, all lenders go through a thorough research and review process. Here’s how we rate OppLoans:<\/p>\n\n\n\n

Category<\/th>Rating<\/th><\/tr><\/thead>
Affordability<\/td>\u2b50\u2b50\u2b50<\/td><\/tr>
Application process<\/td>\u2b50\u2b50\u2b50\u2b50<\/td><\/tr>
Loan terms<\/td>\u2b50\u2b50\u2b50\u2b50<\/td><\/tr>
Transparency<\/td>\u2b50\u2b50\u2b50\u2b50<\/td><\/tr>
Customer support<\/td>\u2b50\u2b50<\/td><\/tr>
Overall<\/td>\u2b50\u2b50\u2b50\u2b50<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

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Do We Recommend Opploans?<\/h3>Yes, we recommend OppLoans as a reliable lender marketplace. Skip to our full review below and see how we rate OppLoans<\/a>.<\/div>\n\n\n

OppLoans Overview<\/h2>\n\n\n\n

Opploans are ideal for borrowers in a tight spot, who need a quick way to finance a purchase or get emergency cash. <\/p>\n\n\n\n

OppLoans offers an alternative to cash advances or short-term payday loans<\/a> for borrowers with bad credit. <\/p>\n\n\n\n

However, expect interest rates on the higher side compared to personal loans no matter your credit score. <\/p>\n\n\n\n

Unlike some payday or title loan lenders, OppLoans reports your payments to all three credit bureaus. This means payments will show on your credit report and your credit score may gradually increase if you make payments on time. <\/p>\n\n\n\n

This may make it much easier for you to quality for better loan rates in the future, like a personal loan or mortgage. <\/p>\n\n\n\n

Here’s a quick summary of OppLoans:<\/strong><\/p>\n\n\n\n

Overview<\/th>Features<\/th><\/tr><\/thead>
Loan type:<\/strong><\/td>Personal loans<\/td><\/tr>
Loan amount:<\/strong><\/td>$500 – $5,000<\/td><\/tr>
Loan term:<\/strong><\/td>Up to 18 months<\/td><\/tr>
APR<\/strong>:<\/td>Can go up to 160%<\/td><\/tr>
Min. credit score:<\/strong><\/td>None<\/td><\/tr>
Monthly fees:<\/strong><\/td>None<\/td><\/tr>
Payout time:<\/strong><\/td>One business day<\/td><\/tr>
Weekend payout:<\/strong><\/td>No<\/td><\/tr>
Requirements:<\/strong><\/td>At least 18 years old
U.S. citizen
Active bank account
Regular income
Valid phone number and email<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

Products Offered<\/strong><\/h3>\n\n\n\n

OppLoans offer short-term loans with no credit check <\/strong>requirements.<\/p>\n\n\n\n

Their loan offers include:<\/p>\n\n\n\n