skip to main content

In the News

BuiltInChicago

3 HR Leaders Discuss the Significance of Unconscious Bias Training

Though a spotlight on racial injustice this year has brought awareness to unconscious bias in the workplace, there’s still a long way to go.

Published on: November 9, 2020
Banking Dive

With stimulus in legislative limbo, market may see boost in small-dollar loans

Four regulators issued guidance on the products in May, but banks have been slow to roll out offerings. Higher demand may provide the catalyst they need.

Published on: October 1, 2020
Authority Magazine

Meet the Disruptors: Jared Kaplan of OppLoans On The Three Things You Need To Shake Up Your Industry

As a part of our series about business leaders who are shaking things up in their industry, I had the pleasure of interviewing Jared Kaplan CEO of OppLoans.

Published on: September 30, 2020
The Wall Street Journal

Regulating Fintech as It Becomes Pervasive

Messrs. Brooks and Calomiris bring context to why lending that occurs nationally should operate under a single regulatory framework, instead of a Byzantine system of overlapping laws.

Published on: September 15, 2020
Forbes

The Pandemic Is Putting Banks To The Test. Here’s How They Can Pass

The Covid-19 pandemic has laid bare many of the challenges inherent to our economic system.

Published on: September 4, 2020
Nerdwallet | AP

How to take a high-interest loan and skip the debt cycle

For the millions of Americans who struggle to afford an unexpected expense, high-interest payday and online loans may seem like acceptable options despite the inherent risk.

Published on: July 29, 2020
InsideSources.com

Embracing Alternative Data in Loan Underwriting Would Provide Win-Win for Credit Access in Pandemic

According to research from credit bureau TransUnion to measure consumer hardship caused by COVID-19, nearly 70 percent of Americans are currently worried about their ability to pay off bills and loans, anticipating an average budget shortfall of about $1,000.

Published on: May 18, 2020
ChicagoBusiness.com

OppLoans Named one of Crain’s Largest Privately Help Companies and #2 for Revenue Growth

The annual ranking is back and bigger than before.

Published on: April 17, 2020
American Banker

Is Now the Right Time for Banks to Resume Small Dollar Lending

Published on: April 6, 2020
Financial Times

OppLoans Named one of Financial Times’ Americas’ fastest-growing companies

The ranking highlights 500 businesses across the continent for whom innovation and creativity have paid off — attributes that will underpin resilience and enable many of them to thrive once the worst effects of the pandemic are behind them.

Published on: April 6, 2020
LinkedIn

Banks Must Offer Small Dollar Credit to Rapidly Solve America’s Credit Access Crisis

The severity of the effects of COVID-19 on our financial system is beyond a reality check for decision-makers – it puts the brightest spotlight on the already precarious finances of tens of millions of Americans, many who were unable to make ends meet before this crisis began.

Published on: March 26, 2020
Lend Academy Blog

New Action Plans from the Leading Consumer Lenders

The OppLoans Disaster Borrower’s Assistance Program allows customers to skip their upcoming payment without incurring any penalties or accruing additional interest and keeps them in an active status so there is no negative credit reporting impact.

Published on: March 25, 2020
American Banker

Will the US ever enact a national interest rate cap?

Published on: March 6, 2020
BankInnovation.net

With CardWorks, Ally gains tools to broaden customer reach

Jared Kaplan of OppLoans comments on bank and fintech partnership to create access to wider credit-challenged population.

Published on: February 21, 2020
Morning Consult

Morning Consult: Fintech and Bank Partnerships are Necessary for Tens of Millions who Lack Access to Credit

The vast majority of Americans live paycheck to paycheck, and that’s a big part of why 60 million Americans lack good credit. As a result, they can’t obtain the same rates on loans that people with prime credit qualify for.

Published on: February 3, 2020
GeneHammett.com

How to Create an Environment for Top Talent

OppLoans CEO Jared Kaplan gives his strategies to lead top talent, including what is working for their company to grow the top talent and accelerate revenues.

Published on: January 3, 2020
Inc.com

Chicago’s Startup Scene Is as Hot as Ever. Just Ask These 10 Fast-Growing Companies

This four-time Inc. 5000 honoree offers personal installment loans to nonprime borrowers

Published on: December 20, 2019
Morning Consult

Let’s Create the Right Guardrails to Protect Consumers in the Small Dollar Loan Market

by Jared Kaplan, OppLoans CEO

Published on: December 4, 2019
Experian

Millennials Feel Held Back By Their Credit Scores

Millennials are feeling the pressure that comes from a less-than-stellar credit history.

Published on: July 25, 2018
EdTech Digest

Life Lessons—Building an online curriculum for economic empowerment.

Jared Kaplan discussses OppU, an online curriculum that provides free financial literacy lessons to schools, colleges and consumers.

Published on: September 6, 2017
BuiltInChicago

For this startup, customer retention is a bad thing

In business, the importance of long-term relationships is the closest you’ll come to a universally accepted truth. But for OppLoans, the best kind of customer is one who never comes back.

Published on: September 6, 2017
Yahoo! Finance

OppLoans Named the #1 Personal Lender on LendingTree in the 2nd Quarter

Based on actual customer experience, socially responsible online lender OppLoans takes the top spot for personal loans on LendingTree’s list of Q2 2016 lenders!

Published on: September 16, 2016
Yahoo! Finance

Technology-Driven Lender OppLoans Launches New Website and Application to Offer Responsible Alternative to Payday Loans

Alt Lending 3.0 FinTech firm OppLoans launches more efficient online customer portal to help non-prime borrowers access responsible financial products and resources.

Published on: April 27, 2016
Yahoo! Finance

OppLoans Launches Line of Credit Personal Loan Product in Maryland

OppLoans extends its industry leading credit products to Maryland to better serve non-prime borrowers with better personal loans that include credit education discounts and flexible payment options.

Published on: December 15, 2015
Yahoo! Finance

OppLoans Welcomes Jared Kaplan as President & CEO

Experienced marketing, operations and growth executive joins fast-growing, newly branded online lending company.

Published on: November 3, 2015

© 2021 Opportunity Financial, LLC. All Rights Reserved. Use of Opportunity Financial, LLC is subject to our Terms of Use and Privacy Policy.

California Disclosures and Privacy Policy | California Consumers can opt-out of the sale of personal information by clicking Do Not Sell My Personal Information.

Applications submitted on this website may be originated by one of several lenders, including: Opportunity Financial LLC, a licensed lender in certain states; or one of our lending partners . All loans originated by our lending partners will be serviced by OppLoans.

NV Residents: The use of high-interest loans services should be used for short-term financial needs only and not as a long-term financial solution. Customers with credit difficulties should seek credit counseling before entering into any loan transaction.

USA PATRIOT ACT NOTICE: IMPORTANT INFORMATION ABOUT PROCEDURES FOR OPENING A NEW ACCOUNT

To help the government fight the funding of terrorism and money laundering activities, Federal law requires all financial institutions to obtain, verify, and record information that identifies each person who opens an account. What this means for you: When you open an account, we will ask for your name, address, date of birth, and other information that will allow us to identify you. We may also ask to see your driver’s license or other identifying documents.

If you have questions or concerns, please contact the Opportunity Financial Customer Support Team by phone at 855-408-5000, Monday – Friday, 7 a.m. – 11:30 p.m. and Saturday and Sunday between 9 a.m. – 5:00 p.m. Central Time, or by sending an email to info@opploans.com.

Our Commitment to Accessibility

Opportunity Financial, LLC is committed to making our website’s content accessible and user friendly to everyone. If you are having difficulty viewing or navigating the content on this website, or notice any content, feature, or functionality that you believe is not fully accessible to people with disabilities, please call our Customer Service team at (855) 408-5000 or email our team at info@opploans.com with “Disabled Access” in the subject line and provide a description of the specific feature you feel is not fully accessible or a suggestion for improvement. We take your feedback seriously and will consider it as we evaluate ways to accommodate all of our customers and our overall accessibility policies. Additionally, while we do not control such vendors, we strongly encourage vendors of third-party digital content to provide content that is accessible and user friendly.

California Residents, view the California Disclosures and Privacy Policy for info on what we collect about you.