We don’t have a minimum FICO or Vantage score to qualify for our loan. Instead, we look at various factors from the alternate credit bureaus and your bank data to determine your eligibility.
You are only allowed to have one active loan per customer at any one time. If you pay off your loan in full or become eligible to refinance your loan, you may apply again for another loan.
If your application was denied, you will receive a Notice of Adverse Action with information regarding your denial. If you did not receive the Notice of Adverse Action, or have additional questions regarding your denial, please Contact Us and our Advocates will assist you.
If you completed the bank verification process and would like to talk about changing your loan amount, please Contact Us and our Advocates will assist you.
Once your last payment clears and your loan is paid off, you will be eligible to apply for a new loan. To check your balance or your eligibility to apply for a loan, sign into your account here.
You may be eligible to reapply at any time; however, in most cases we suggest that you wait 30 calendar days prior to reapplying, unless you withdraw your application or your application expired. For more information about why you were denied, please see your Notice of Adverse Action. Sign into your account to view when …
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To start your application, click Apply Now. You cannot submit an application over the phone, in person, or via email. If you have any questions regarding the application process, please Contact Us and our Advocates will assist you.
The first step in applying for a loan through OppLoans is to fill out our online loan application. To be eligible for a lending product through OppLoans, potential borrowers must:
Be 18 years or older (or 19 in Alabama)
Have a bank account (checking account or saving account)
Reside in one of the states in which we …
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To check on the status of your application or loan, sign into your account here. If you have any additional questions about the status of your application or loan, please Contact Us and our Advocates will assist you.
Yes. Bank Verification is a quick and secure process that provides OppLoans with a read-only snapshot of your recent banking transactions to help us verify your identity and financial information. By logging in with your online banking credentials, OppLoans is able to process your application faster, getting you a decision as quickly as possible. Your …
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There are multiple reasons the bank verification step may not be successful. Below are the most common errors and tips for success:
Ensure you are using a stable Internet / Wifi connection.
If your banking institution is not listed, you can manually upload 30 days worth of bank statements through your online portal. Log into your OppLoans …
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When you apply through the OppLoans website, OppLoans pulls your credit report in order to provide you with a loan offer. This inquiry will not impact your FICO® credit score. We use Clarity services to do a promotional credit pull that does not show up as a hard inquiry for the three major credit bureaus.
Bank Verification is a quick and secure process that provides OppLoans with a read-only snapshot of your recent banking transactions to help us verify your identity and financial information. By logging in with your online banking credentials, OppLoans is able to process your application faster, getting you a decision as quickly as possible. Your information …
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You will receive an email notification if your application has been approved, so please make sure your email is correct when you create your account!
We do not currently accept applications by phone. However, our online application process is quick and easy—we promise! Just click “Apply Now” at the top of this page or visit Apply Now to begin the application on your computer, smartphone or tablet!
The receipt of your funds will vary based on the time at which your application was approved. You will receive an email notification once your loan is approved.
Monday through Thursday: If your application is approved before 8:00 PM CT from Monday through Thursday, you can expect your funds the next business day.
Friday Before 8:00 PM …
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You cannot cosign on behalf of another applicant, nor can someone cosign on your behalf. You must apply on your own to qualify for a loan.
There are some instances where proof-of-income is required prior to your application being approved, including:
If you receive alimony
If you receive disability benefits
If you receive social security benefits
If you reside in IL or NV a paystub is required
Proof-of-income may include a government benefits award letter or a recent bank statement displaying regular deposits. Alimony, child support, …
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Consumer products offered through the OppLoans website range from $500 to $4,000, but your eligibility will depend on your state of residence, your income and ability to repay, and your creditworthiness. For more information about the product options and lender(s) in your state, please visit our Rates and Terms page.
We work hard to offer you a quick and convenient process. Once your application is approved, funds are typically deposited in your account as soon as the next business day. The actual time it takes the funds to appear in your account depends on your financial institution.
Generally, if your loan is approved before 9pm* CT from Monday through Thursday, you …
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California Residents, view the California Disclosures and Privacy Policy for info on what we collect about you.
By clicking Continue, you will be taken to an external website that is not operated or managed by OppFi. Please be advised that you will no longer be subject to, or under the protection of, OppFi’s privacy and security policies. We encourage you to read and evaluate the privacy and security policies of the site you are entering, which may be different than those of OppFi. Further, OppFi is not responsible for and does not endorse, guarantee, or monitor content, availability, viewpoints, products, or services that are offered or expressed on external websites.