OppLoans Personal Loans
OppLoans Personal Loans is offered by Opportunity Financial, LLC, a direct lender founded in 2009 and based in Chicago, IL. OppLoans Personal Loans is available in 37 states across the USA.
- APRs starting at 59%. Personal loan interest rates typically range between 5% and 36%. The starting rates for OppLoans Personal Loans are on the higher end of the spectrum.
- Fast access to funds. In some cases you can get your money within 1 business day.
- Prequalified rate. You can check your prequalified rate at Opportunity Financial, LLC with a soft pull that will not affect your credit score.
- Origination fees of up to 3%. This is on the low end for lenders that charge an origination fee. However, plenty of lenders don't charge an origination fee. Origination fees are deducted from the loan amount, so consider them when deciding how much you need to borrow.
- No late fees. Missing a payment can seriously damage your credit, but OppLoans Personal Loans will not charge additional fees if you miss the due date on a payment.
- Short loan terms. OppLoans Personal Loans offers loan terms as short as 9 months. Most personal loans have a minimum term of 12 to 36 months.
- Minimum income of $18,000. You will need an annual income of at least $18,000 to apply for OppLoans Personal Loans, which is below average for the lenders in our database
What interest rates and personal loan terms does OppLoans offer?
OppLoans has higher interest rates than the average for lenders reviewed on SuperMoney.
What interest rates does OppLoans offer?
OppLoans offers a fixed APR personal loan product that ranges from 59% APR up to 160% APR.
How much can you borrow via OppLoans?
Loan amounts start at $500 and go up to $4,000
What is the maximum personal loan term you can get with OppLoans?
OppLoans offers loans with terms ranging from 9 to 24 months.
| Personal Loan Amount | $500 - $4000 |
| Loan Term | 9 - 24 months |
| APR | 59% - 160% |
What fees does OppLoans charge?
Does OppLoans charge an origination fee?
OppLoans may charge a personal loan origination fee of 0% to 3% of the personal loan amount of $0 to $75 OppLoans deducts the origination fee directly from your personal loan amount before depositing your money, so make sure you take this fee into account when deciding how much you need to borrow.
Does OppLoans charge a late fee?
No, OppLoans will not charge you a late fee if you miss one of the monthly paymenbts.
Does OppLoans charge prepayment fees?
No, OppLoans does not charge prepayment fees. This means you will not have to pay additional fees if you decide to pay the personal loan off early.
| Origination Fee | 0% - 3% |
| Prepayment Fee? | No |
| Late Payment Fee | $0 |
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