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

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.

Opportunity Financial’s goal is to provide the most flexible and affordable line of credit based on your personal financial needs. We will never charge a pre-payment penalty.  We also comply with all applicable state and federal regulations.

  • APR: Interest will be charged on principal outstanding at a rate of approximately 160% APR pending eligibility.
  • Minimum Payment: A minimum payment due will be shown on your periodic billing statement, and will be the amount equal to 8% (monthly or bi-monthly) or 9% (bi-weekly) 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.
  • Late Charge: If you fail to pay at least the Minimum Payment Due within ten (10) days of its Payment Due Date, you will incur a late fee in an amount not to exceed 5% of the unpaid amount of the Minimum payment.

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:

More Information

View our Virginia Business Registration here.

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