Costs and Terms of a Typical Line of Credit in the State of Tennessee

The figures below are examples of our typical line of credit product, and do not serve as guarantee of any rates and terms that you may qualify for.

  • APR: The combined periodic interest rate plus the Customary Fee rate is equivalent to an Annual Percentage Rate of 160%.
  • Minimum Payment: A minimum payment due will be shown on your periodic billing statement, and will be the amount equal to 4% (monthly) or 9% (biweekly or semi-monthly) of the greater of either the principal balance outstanding or the current credit limit as of the Closing Date, as well as any unpaid interest and fees.

If you have questions or concerns about your loan, please contact the Opportunity Financial Customer Support Team by phone at 855-408-5000, Monday-Friday, 7 a.m.- 7 p.m. Central Time, or by sending an email to: apply@opploans.com

If we are unable to address your questions or concerns, you can also contact your state regulatory agency:

Department of Financial Institutions
400 Deaderick Street, 6th Floor
Nashville, TN 37243
(615) 741-2236

More Information
View our Tennessee License

Learn more about avoiding the risks of title and payday loans in Tennessee in our State Guides section.