Oportun Personal Loans
in Personal Loans from Oportun Inc.
Would you recommend Oportun Personal Loans to your friends?
| Community Rating | Mostly recommended |
| APR (Fixed APR) | 19.9% - 36% |
| Loan Amount | $300 - $9,000 |
| Loan Term (Months) | 9 - 49 months |
| Number of Reviews | 370 |
Oportun Personal Loans Review
Oportun Personal Loans is offered by Oportun Inc., a financial services company founded in 2006 and based in Redwood, CA. Oportun Personal Loans is available in 12 states across the USA.
What rates and terms does Oportun Personal Loans offer?
Oportun Inc. has higher interest rates than the average for lenders reviewed on SuperMoney.
What personal loan APRs does Oportun Personal Loans offer?
Oportun Personal Loans offers a fixed APR personal loan product that ranges from 19.9% APR up to 36% APR.
Your APR can vary depending on several factors, such as your credit score. Find out what your credit score is and whether there is any false or inaccurate information in your credit history with these credit monitoring tools.
How much can you borrow via Oportun Personal Loans?
Loan amounts start at $300 and go up to $9,000.
What can a personal loan from Oportun Personal Loans be used for?
Personal loans from are typically used for special purchases, debt consolidation, home improvement projects, weddings, unexpected expenses or similar purposes.
What is the maximum loan term you can get with Oportun Personal Loans?
offers personal loans with terms ranging from 9 to 49 months. Having the option of longer terms allows borrowers to take on larger loan amounts while keeping monthly payments more affordable. However, the longer the term of your loan, the more interest you will pay.
| Loan Amount | $300 - $9000 |
| Loan Term | 9 - 49 months |
| APR | 19.9% - 36% |
What fees does charge?
Do Oportun Personal Loans charge an origination fee?
charges a loan origination fee of $0 to $300
Does charge a late fee?
Yes, Oportun Personal Loans may charge borrowers a late payment fee
Do Oportun Personal Loans charge prepayment fees?
No, does not charge prepayment fees. This means you will not have to pay additional fees if you decide to pay the loan off early.
| Origination Fee | N/A |
| Prepayment Fee? | No |
| Late Payment Fee | N/A |
What do you need to qualify for Oportun Personal Loans?
When it comes to credit scores, Oportun Inc. doesn't have a set minimum or maximum. People with all types of credit can apply. The minimum age to be eligible is 18 or the state minimum, whichever is higher.
Oportun Personal Loans does not have or does not disclose a minimum annual income eligibility requirement.
The Military Lending Act (32 C.F.R. § 232) prohibits lenders from charging service members more than 36% APR on credit extended to covered borrowers. Active duty service members and their covered dependents are eligible to apply for a loan via Oportun Personal Loans. Their rates fall within the limits of The Military Lending Act.
U.S. citizens are, of course, eligible for the services offered by Oportun Personal Loans. Permanent resident / green card holders are also eligible to apply. Not all companies will work with visa holders. Oportun Inc. does offer its services to temporary resident visa holders such as F1 or H1B holders. An uncommon feature is for lenders to offer their services to non-residents. Oportun Inc. is one of the few that does. If you are a non-resident looking to access these services through an entity incorporated in the U.S., you are in luck. Oportun Personal Loans will consider you for their services.
To qualify, applicants may need to provide the following documentation:
- Recent pay stubs
- Proof of income
- Proof of citizenship or residence permit
| Minimum Age | 18 |
| Bank Account Required? | No |
| Application Types Accepted |
|
| Credit Score | 300 - 850 |
What is the estimated funding time for Oportun Personal Loans?
Oportun Personal Loans will typically provide a credit approval decision in less than an hour and fund the loan within 1 business day.
Does Oportun Personal Loans report your account activity to credit bureaus?
Oportun Personal Loans reports your account activity to the following credit reporting agencies:
- Experian
- Transunion
Making regular on-time payments to a creditor that reports to one or more credit bureaus will demonstrate your financial responsibility and can help improve your credit.
Message From Oportun Inc.
Availability
- Arizona
- California
- Florida
- Idaho
- Illinois
- Missouri
- Nevada
- New Jersey
- New Mexico
- Texas
- Utah
- Wisconsin
Feature Breakdown
| No Prepayment Fee | |
| Origination Fee ($) | $0 - $300 |
Oportun Personal Loans Community Reviews
Would you recommend Oportun Personal Loans to your friends?
