OppLoans in the News

Press Releases

Forty-Six Percent of Millennials Feel Held Back by Credit Score

Forty-Six Percent of Millennials Feel Held Back by Credit Score New survey by fintech firm OppLoans shows the impact of bad credit on young people. CHICAGO—July 11, 2018—Are millennials too young to have bad credit? Definitely not. And it’s taking a toll. According to data from a new survey by…

Published on : July 19, 2018


OppLoans CEO Jared Kaplan Named a Glassdoor Top CEO in 2018

OppLoans CEO Jared Kaplan Named a Glassdoor Top CEO in 2018 Kaplan was 8th highest-rated CEO on the prestigious list. CHICAGO—June 20, 2018—OppLoans CEO Jared Kaplan has won a Glassdoor Employees’ Choice Award honoring the Top CEOs in 2018 in the U.S. SMB category. Glassdoor, one of the world’s largest job and recruiting…

Published on : June 20, 2018


New Study from Fintech Firm Finds Majority of Teens and Young Adults have Summer Jobs

New Study from Fintech Firm Finds Majority of Teens and Young Adults have Summer Jobs Whether they live in the South, the Midwest, the East Coast, or the West, more than half of American young people are planning to work this summer. CHICAGO—June 13, 2018—Are young people still holding down summer…

Published on : June 13, 2018


OppLoans Named One of the Country's Best Workplaces by Inc. Magazine

OppLoans Named One of the Country’s Best Workplaces by Inc. Magazine The socially responsible FinTech firm receives further recognition for employee satisfaction and positive workplace environment. CHICAGO—May 30, 2018—Online lender and service provider OppLoans has been listed as one of the country’s 2018 Best Workplaces by Inc. Magazine. The award determination…

Published on : May 30, 2018


How Much Are Parents in Your State Spending on Their Kids? A New Study Has the Answer

How Much Are Parents in Your State Spending on Their Kids? A New Study Has the Answer From $2,000 to $17,921, how much parents spend per child, per year is drastically different from state to state. CHICAGO—May 2, 2018—Having a kid has never been cheap, but a new survey from fintech firm…

Published on : May 02, 2018


Seven in Ten College Students Damage Credit Soon After Graduation

Seven in Ten College Students Damage Credit Soon After Graduation New survey by lending firm OppLoans shows that serious credit dings are common among recent grads. CHICAGO—April 11, 2018—Financial Literacy Month is in full swing, but new data suggests that many college students have trouble managing their money after graduation. Sixty-nine percent of…

Published on : April 11, 2018


New Survey from Fintech Firm Finds Delaware Pet Owners Spend the Most on their Animals. How Does Your State Stack Up?

New Survey from Fintech Firm Finds Delaware Pet Owners Spend the Most on their Animals. How Does Your State Stack Up? In honor of National Pet Day, which falls on April 11, the econ experts at OppLoans have conducted a survey to see just how much American pet owners are…

Published on : April 09, 2018


When it Comes to Valentine's Day Spending, How Does Your State Stack Up?

When it Comes to Valentine’s Day Spending, How Does Your State Stack Up? From $0 to $267, Valentine’s spending varies wildly by state according to a survey by OppLoans. CHICAGO—February 07, 2017—Just how much are Americans spending on Valentine’s Day? A new survey from the financial sleuths at OppLoans found that, on average,…

Published on : February 16, 2018


FinTech Leader OppLoans Named 6th Best Place to Work Nationally

FinTech Leader OppLoans Named 6th Best Place to Work Nationally Chicago-based start-up earns top-10 position in Glassdoor’s 2018 Best Places to Work rankings for companies with fewer than 1,000 employees CHICAGO—December 06, 2017—Socially responsible online lender OppLoans received top rankings in Glassdoor’s 2018 Best Places to Work award. The start-up was…

Published on : December 06, 2017


Stranger Things: What was the Cost of Living in 1983 Hawkins, Indiana?

Stranger Things: What was the Cost of Living in 1983 Hawkins, Indiana? Fintech firm OppLoans dives deep into the Upside Down in the name of financial research. CHICAGO—October 23, 2017—We all know that home prices and take-home pay have risen since 1983, but what about the things that really matter? Things like Eggos,…

Published on : October 23, 2017


Fintech Leader OppLoans Appoints Andy Pruitt to Chief Technology Officer Role

Fintech Leader OppLoans Appoints Andy Pruitt to Chief Technology Officer Role Highly regarded technology and business leader joins rapidly growing firm. CHICAGO—October 19, 2017—OppLoans, the nation’s leading socially responsible online lender, has announced the appointment of Andy Pruitt to the role of Chief Technology Officer. Pruitt is a renowned technologist and…

Published on : October 19, 2017


Chicago Mayor Cuts Ribbon at New Headquarters of Rising FinTech Firm OppLoans

Chicago Mayor Cuts Ribbon at New Headquarters of Rising FinTech Firm OppLoans Mayor Emanuel praises OppLoans, saying, “Your success is Chicago’s success.” CHICAGO—October 10, 2017—Chicago Mayor Rahm Emanuel cut the ribbon at the new OppLoans headquarters in downtown Chicago this week. OppLoans, the nation’s leading socially responsible online lender, has…

Published on : October 10, 2017


FinTech Firm OppLoans Advances to #219 on Inc. Magazine's 2017 List of 500 Fastest-Growing Companies

FinTech Firm OppLoans Advances to #219 on Inc. Magazine’s 2017 List of 500 Fastest-Growing Companies This is the socially responsible lender’s second consecutive appearance on the esteemed list. CHICAGO—August 16, 2017—OppLoans, the country's leading socially responsible online lender, has achieved the rank of #219 on Inc. Magazine's 2017 list of…

Published on : August 16, 2017


OppU Helps Students Understand Money Management by Providing Free Interactive Financial Literacy Lessons

OppLoans Launches Free Financial Literacy Site OppU helps students understand money management by providing free interactive financial literacy lessons. CHICAGO—July 26, 2017—When students begin work or head to college, many get their first taste of economic independence. To give them the skills they need, OppLoans, a Chicago-based financial firm, launched…

Published on : July 26, 2017


Fintech leader OppLoans Appoints Sal Hazday to COO Role

Fintech leader OppLoans Appoints Sal Hazday to COO Role Deeply experienced, Fortune 250 senior business leader joins highest-rated nonprime lender. CHICAGO—July 18, 2017—OppLoans, a leading online lending platform, has hired veteran business executive, Sal Hazday, as Chief Operating Officer. OppLoans leverages strong technology and analytics to provide liquidity with flexible…

Published on : July 19, 2017


OppLoans Welcomes Daniel Fell as VP of Business Development and Partnerships

OppLoans Welcomes Daniel Fell as VP of Business Development and Partnerships World-class business development executive joins rapidly growing fintech company. CHICAGO—June 28, 2017—OppLoans, the nation’s leading socially responsible online lender serving non-prime consumers, has announced the appointment of Daniel Fell to the role of Vice President of Business Development. Fell…

Published on : June 28, 2017


OppLoans Welcomes Shiven Shah as Chief Financial Officer

OppLoans Welcomes Shiven Shah as Chief Financial Officer World-class financial executive joins rapidly growing online lending FinTech company. CHICAGO—April 4, 2017—OppLoans, the nation’s leading socially responsible online lender of personal loans to non-prime consumers, has announced the appointment of Shiven Shah, CFA, to the role of Chief Financial Officer effective…

Published on : April 04, 2017


Socially Responsible Online Lender OppLoans Launches Personal Loan Product in Georgia and Mississippi

Socially Responsible Online Lender OppLoans Launches Personal Loan Product in Georgia and Mississippi OppLoans extends installment loans to Georgia and Mississippi, offering flexible repayment options and credit education discounts to better serve subprime customers. CHICAGO—November 22, 2016—OppLoans has extended its lending operations to include Georgia and Mississippi, where customers with less-than-perfect…

Published on : November 28, 2016


LendingTree Names OppLoans #1 Customer-Rated Personal Lender of Q2 2016

LendingTree Names OppLoans #1 Customer-Rated Personal Lender of Q2 2016 Ranking marks second major recognition in past 30 days for the fast-growing online lender. CHICAGO—September 22, 2016—LendingTree, a leading online loan marketplace, has ranked OppLoans number one in the category of personal loan network lenders for the second quarter. LendingTree calculated the…

Published on : September 22, 2016


Online Lender OppLoans Named to Inc. Magazine‘s 2016 List of 500 Fastest-Growing Companies

Online Lender OppLoans Named to Inc. Magazine‘s 2016 List of 500 Fastest-Growing Companies FinTech firm OppLoans is one of only 15 Illinois companies ranked on the esteemed list. CHICAGO—August 17, 2016—Inc. Magazine has welcomed OppLoans, the leader in socially responsible online lending, onto its highly respected 2016 list of America’s…

Published on : August 17, 2016


Socially-Responsible Online Lender OppLoans Moves to New Headquarters in Heart of Chicago

Socially-Responsible Online Lender OppLoans Moves to New Headquarters in Heart of Chicago FinTech firm OppLoans relocates to a new facility in the historic One Prudential Plaza. CHICAGO—May 05, 2016—OppLoans, the leader in socially-responsible online lending to the non-prime customer segment, has announced the relocation of their headquarters to One Prudential…

Published on : July 07, 2016


FinTech Firm OppLoans Releases White Paper Distinguishing Between Predatory Payday Loans and Other Greater-Than-36% Lenders

FinTech Firm OppLoans Releases White Paper Distinguishing Between Predatory Payday Loans and Other Greater-Than-36% Lenders Socially-responsible lender OppLoans publishes call for better alternatives to payday lending for non-prime customers CHICAGO—May 31, 2016—OppLoans, the leader in socially responsible online lending to the non-prime customer segment, has announced the publication of a…

Published on : May 31, 2016


Leading Non-Prime Online Lender OppLoans Announces New Chief Marketing Officer John O'Reilly

Leading Non-Prime Online Lender OppLoans Announces New Chief Marketing Officer John O’Reilly World-class FinTech firm OppLoans secures experienced and innovative executive to strengthen and implement marketing strategy. CHICAGO—May 05, 2016—OppLoans, the leader in socially responsible online lending to the subprime customer segment, has announced the appointment of John O’Reilly as…

Published on : May 05, 2016


OppLoans Welcomes Steve Durko as Chief Technology Officer

OppLoans Welcomes Steve Durko as Chief Technology Officer World-class technology and legal executive joins rapidly growing, online lending FinTech company. CHICAGO—April 6, 2016—OppLoans, the nation’s leading socially responsible online lender of personal loans to non-prime consumers, Steve Durko asChief Technology Officer. Durko will direct the development of OppLoans’ proprietary lending…

Published on : April 06, 2016


OppLoans Mentioned as Leader in Quality and Innovation Among Small-Dollar Credit Installment Lenders

OppLoans Mentioned as Leader in Quality and Innovation Among Small-Dollar Credit Installment Lenders OppLoans paves the way for non-prime borrowers to get better personal loans with credit education discounts and flexible payment options. CHICAGO—November 10, 2015—OppLoans was featured in a recent report by the Center for Financial Services Innovation on…

Published on : November 10, 2015


OppLoans Offers Borrowers a Path to Improve Their Credit

OppLoans Offers Borrowers a Path to Improve Their Credit How To Improve Your Credit in 500 Words Here is some practical and easy to understand advice to improve your credit score. CHICAGO—April 21, 2015 — OppLoans was featured in a recent report by the Center for Financial Services Innovation (www.cfsinnovation.com)…

Published on : April 21, 2015


How To Select A Personal Loan When You Don't Have Perfect Credit

How To Select A Personal Loan When You Don’t Have Perfect Credit A president of an online lending company shares how to select the safest and best personal loan company for you. CHICAGO—April 7, 2015—If you are interested in borrowing money and have less than perfect credit, surfing the web…

Published on : April 07, 2015


OppLoans Garners Top Ratings from Near-prime Borrowers by Leveraging Transparency and Outstanding Customer Service

OppLoans Garners Top Ratings from Near-prime Borrowers by Leveraging Transparency and Outstanding Customer Service OppLoans specializes in providing larger, easy to qualify for personal installment loans with affordable payment terms. The company continues to build a solid reputation for their customer-centric service approach through transparency. CHICAGO—September 04, 2014—Sometimes access to…

Published on : September 04, 2014



OppLoans in the News

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.

EdTech Digest →

Published on : September 06, 2017


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.

BuiltInChicago →

Published on : September 06, 2017


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!

Yahoo! Finance →

Published on : September 16, 2016


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.

Yahoo! Finance →

Published on : April 27, 2016


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.

Yahoo! Finance →

Published on : December 15, 2015


OppLoans Welcomes Jared Kaplan as President & CEO
Experienced marketing, operations and growth executive joins fast-growing, newly branded online lending company.

Yahoo! Finance →

Published on : November 3, 2015