Predatory Lenders Archives - OppLoans

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Inside Subprime: News About Predatory Lenders

Predatory Loans Target Vulnerable Populations with Reverse Mortgages

Posted on: June 14, 2019

Democratic Senators Ask CFPB to Protect Consumers from Predatory Chattel Loans

Posted on: May 13, 2019

Investor in Chicago Development Project Accused of Predatory Lending

Posted on: May 10, 2019

State Attorney General Warns of Illinois Tax Scams

Posted on: March 28, 2019

CFPB Asks Congress for Clear Authority to Assess Compliance with the Military Lending Act

Posted on: February 25, 2019

Utah CPA Boss Warns Against Borrowing Against Your Tax Return

Posted on: February 11, 2019

Scammer Fined $1 for Predatory Lending Practice Targeting Veterans

Posted on: January 30, 2019

Major Banks Charged College Students Over $27 Million in Fees in 2016-17

Posted on: January 08, 2019

Seth Frotman Resigns from Consumer Financial Protection Bureau

Posted on: August 28, 2018

Trump’s Pick to Lead CFPB to Face Senate Banking Committee Vote

Posted on: August 21, 2018

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Industry Insight:

© 2019 Opportunity Financial, LLC. All Rights Reserved. Use of Opportunity Financial, LLC is subject to our Terms of Use, Privacy Policy, and Additional Disclosures.

Applications submitted on this website may be originated by one of several lenders, including: FinWise Bank, a Utah-chartered bank located in Sandy, UT, member FDIC; Opportunity Financial LLC, a licensed lender in certain states. All loans funded by FinWise Bank will be serviced by OppLoans. Please refer to our Rates and Terms page for more information.

CA residents: Opportunity Financial, LLC is licensed by the Commissioner of Business Oversight (California Financing Law License No. 603 K647).

DE residents: Opportunity Financial, LLC is licensed by the Delaware State Bank Commissioner, License No. 013016, expiring December 31, 2019.

NM Residents: This lender is licensed and regulated by the New Mexico Regulation and Licensing Department, Financial Institutions Division, P.O. Box 25101, 2550 Cerrillos Road, Santa Fe, New Mexico 87504. To report any unresolved problems or complaints, contact the division by telephone at (505) 476-4885 or visit the website http://www.rld.state.nm.us/financialinstitutions/.

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.

TX residents: Opportunity Financial, LLC is a Credit Access Business that arranges loans issued by a third-party lender. Neither OppLoans nor the third-party lender reports payment history to the major credit bureaus: TransUnion, Experian, and Equifax.

OppLoans performs no credit checks through the three major credit bureaus Experian, Equifax, or TransUnion. Applicants’ credit scores are provided by Clarity Services, Inc., a credit reporting agency.

Based on customer service ratings on Google and Facebook. Testimonials reflect the individual's opinion and may not be illustrative of all individual experiences with OppLoans. Check loan reviews.

* Approval may take longer if additional verification documents are requested. Not all loan requests are approved. Approval and loan terms vary based on credit determination and state law. Applications processed and approved before 7:30 p.m. ET Monday-Friday are typically funded the next business day.

Rates and terms vary by state.

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 p.m. Central Time, or by sending an email to help@opploans.com.