OppLoans Customer Referral Program Terms of Use

The OppLoans Referral Program (“Referral Program”) offered by Opportunity Financial, LLC (“Opportunity” and “OppLoans”) has been created to reward you, our loyal Customers (“you,” “Referrer,” “Participant”) for doing what you’d already do—recommending us to friends and family who apply and are approved to become OppLoans customers (“Participants” or “Referral”).

The following OppLoans Terms and Conditions (“Referral Terms”) contain important information about our program, so please read them carefully. These Referral Terms set forth the terms and conditions for participation in our Referral Program and are hereby incorporated by reference to our Terms of Use.

Acceptance of these Referral Terms; Revised Referral Terms.
By participating in the Referral Program in any way, you agree to be bound by these Referral Terms. If you do not agree to all the terms and conditions in these Referral Terms, you may not participate in the Referral Program. We may revise these Referral Terms from time to time in our sole discretion, subject to applicable law. When we revise these Referral Terms, we will post a revised version on our website. You are free to decide whether or not to accept a revised version of these Referral Terms, but accepting these Referral Terms, as revised, is required for you to continue participating in the Referral Program. If you do not agree to these Referral Terms or any revised version of these Referral Terms, your sole recourse is to terminate your participation in the Referral Program. Except as otherwise expressly stated, your participation in the Referral Program is subject to, and constitute your acceptance of, the version of these Referral Terms in effect at the time of your participation in the Referral Program.

Eligibility.
In order to participate in the Referral Program, you must (a) accept and agree to our Terms of Use, including these Referral Terms and our Privacy Policy; (b) have and maintain an OppLoans Referral Account in good standing; and, (c) not reside in California or Wisconsin. A member that meets these eligibility requirements is a “Qualified User”.

Qualifying Referral.
A Qualifying Referral means an individual who: (a) does not currently have, and has never had, an OppLoans Account; (b) uses your Referral Link (defined below) to fill out and submit a loan application on the OppLoans website (“Referral Loan Application”); and, (c) the Referral Loan Application is funded through the OppLoans Lending Platform within the thirty (30) days following submission using the Referral Link (a “Funded Loan”).

Earning Referral Rewards. 
We will provide all Qualified Users with a personalized hyperlink via email that contains a unique referral ID associated with their Referral Account (“Referral Link”). Subject to these Referral Terms, within thirty (30) days of the completion of the approval date by each Qualifying Referral using your Referral Link, the Referral Reward will be issued to you in the form of an electronic gift card (“Referral Reward”). We will determine, in our sole discretion, whether a Qualifying Referral received a Funded Loan using your Referral Link in accordance with these Referral Terms and whether you are eligible to receive the Referral Reward. A Qualified User may earn up to $550 Referral Rewards per calendar year. Calendar year means the period between January 1 and December 31, inclusive, for a given year.

Restrictions and Limitations.

Sharing Restrictions
This Referral Program is intended for you to invite only your interested personal friends, family, and known acquaintances to apply for a loan utilizing the referral link and any link-sharing tools we may provide. You may not share referrals with yourself. When you invite a friend to apply for a loan through OppLoans using your Referral Link, you must inform your friend that you could earn a reward from OppLoans if they apply and are approved from a loan. You should not publish or distribute your Referral Links in locations where the audience is likely to include individuals you do not know.

No Misrepresentations
Whenever or wherever you provide your Referral Link to a friend under the Referral Program, any additional statements you make, of which are not provided by OppLoans, about the products offered on our platform or the Referral Program, must be (i) consistent with the content and materials we may provide you and/or your friends; (ii) truthful, accurate, factually supported, not misleading, (iii) and, reflect your honest beliefs, opinions, or experiences with OppLoans and/or the Referral Program.

Annual Maximum Reward Terms 
A Participant may only accrue $550 in Rewards per calendar year (“Annual Referral Maximum”). Calendar year means the period between January 1 and December 31, inclusive, for a given year. Upon reaching Annual Referral Maximum, any further referrals by a Participant will not result in a Referral Reward until the beginning of the next calendar year.

Program Violations- Bonus Forfeiture, Termination
Any violation or abuse of this Referral Program may result in the forfeiture of the Referral Reward and/or your ineligibility to participate in the Referral Program. We reserve the right to investigate any suspicious or inappropriate activity relating to the Referral Program. Notwithstanding any provision of these Referral Terms, we are not obligated to pay any Referral Rewards if we determine, in our sole discretion, that (a) the Referral Loan Application completed by a Qualifying Referral is not a bona fide transaction (b) you have engaged in any fraudulent or deceitful behavior in connection with the Referral Program, including, without limitation, if you, directly or indirectly, offer any person a financial or other incentive to complete a Referral Loan Application using your Referral Link or attempt to redirect traffic from, or (c) divert Referral Rewards from any other participant in the Referral Program. We reserve the right, in our sole discretion, to delay payment of any Referral Rewards while we investigate your participation in the Referral Program or any use of your Referral Links.

Taxes. If you, the Participant, file taxes in the United States, you must notify OppLoans if you have received $600 or more in Rewards from OppLoans during a single calendar year. If you receive a Reward, you (as a Participant) are responsible for all applicable taxes and fees resulting from it. By participating in the Referral Program, you release OppLoans and its agents from all liability, including, without limitation, with respect to the Reward.

Non-Exclusive. The Referral Program is non-exclusive. You acknowledge and agree by participating in the Referral Program that we may, at any time, solicit customer referrals via any method in our sole discretion.

Termination or Suspension. OppLoans may, in its sole and absolute discretion, cancel, change, suspend or modify any aspect of the Referral Program or Referral Terms and Conditions at any time, without notice.

Personal Information. Any personal information collected in connection with the Referral Program will be used in accordance with the OppLoans Privacy Policy.

Contact Us. If you have any questions, comments, or concerns regarding these Referral Terms or the Referral Program, please contact us by email at referral@opploans.com

*Gift Cards are issued by Tango Card. Except as required by law, gift cards cannot be transferred for value or redeemed for cash. No expiration or service fees. For complete terms and conditions for Tango Card, please see: here

Last Updated: 12/13/2023