Questions About Your Loan Application
How much can I borrow?
First time borrowers can get approved for up to $1,000-5,000*. Please see our rates/terms section for more information about the type of loan we offer in your state.
We consider a variety of factors when making a decision on your loan. In addition to the information below, you must also meet our underwriting criteria to be approved for a loan or line of credit.
- You live in one of the following states: Alabama, California, Delaware, Georgia, Idaho, Illinois, Kansas, Mississippi, Missouri, New Mexico, Ohio, South Carolina, Tennessee, Texas, Utah, Virginia, or Wisconsin.
- You are at least 18 years old. (19 in Alabama.)
- You are NOT an active duty service member or a Dependent of an active duty service member. OppLoans does not currently offer a product that meets the federal requirements to lend to active duty service members or their dependents.
- You are employed and have been working for your current employer for at least 3 months.
- You have a traditional bank account in your name with 90 days of history.
- You receive your paychecks through direct deposit. (Due to state regulations, residents of New Mexico are exempt from this requirement.)
How will my loan be funded?
We work hard to offer you fast loan funding. Typically, your personal loan will be deposited in your account as soon as the next business day once your application is approved.**
How does the process work?
After you submit your application you will know immediately if you may be eligible for a loan.
Next, we’ll generate a loan agreement with all the details, including (but not limited to) interest rate, number of payments, payment amount, and total cost of loan for you to review.
Once you submit your loan agreement for our approval, our team will work quickly to verify key details and process your loan. As soon as your loan is approved, we’ll send a request to your bank to deposit your funds, unless you choose payment by check. We always aim for fast loan funding typically by the next business day.**
Questions About Personal Loans
Questions About Your Account
How do I change my password?
Simply go to our home page www.opploans.com and click the My Account button in the upper right hand corner. Once you login you will be able to select Change Password to complete your password change.
How do I check my balance?
Simply go to our home page www.opploans.com and click the My Account button in the upper right hand corner. Once you login you will be able to view your loan agreement and check your balance.
What if I forgot my password?
No worries! We’ll help you set a new password for your security. Here’s how:
- Click on the “My Account” button in the upper right-hand corner of our site
- Click on the “Forgot password?” link
- Enter your email and your login information
- Check your email for instructions on how to set a new password
Questions About Loan Repayment
Can I refinance my personal loan?
Refinancing eligibility varies by state, call us at 1-(800) 990-9130 to check your eligibility.
Can I repay early or make additional payments?
Yes. Opportunity Financial never charges pre-payment penalties. You can pay off your loan or make additional payments at any time. Simply go to our home page www.opploans.com and click the My Account button in the upper right hand corner. Once you login you will have the option to make an additional payment or pay off your loan in full.
How can I repay my personal loans?
The most popular and preferred method of repayment is through payroll deductions. We also offer other repayments methods, including electronic fund transfer (ACH debit), where we electronically debit your bank account for the fixed amount you owe on each due date.
Questions About Credit Education & Credit Reporting
What do I receive if I complete the online credit education courses?
There are numerous benefits! You will receive a credit to your account and you will learn some great lessons on credit/financial education. Limit one credit per customer per loan. Cannot be combined with any other offer or discount. Call 1.(800) 990-9130 for details. Void where prohibited.