Who We Help
Too many Americans are living without savings or access to credit.
150 million Americans have less than $1,000 in savings.◊
115 million Americans live paycheck to paycheck.§
60 million Americans lack access to credit.‡
Americans need access to credit.
of American families experience financial emergencies a few times a year.*
of Americans have less than $1,000 in savings.◊
Who is locked out from traditional credit?
have been denied a line of credit or bank product.*
have been denied a personal loan in the past year.*
What do you do when you don’t have enough money?
Consumers in their own words.*
How OppLoans helps
The OppLoans TurnUp Program
The OppLoans TurnUp referral program helps credit-challenged consumers find more affordable small-dollar loan options even if it isn’t with us.
For customers who opt-in, we check the market voluntarily on behalf of applicants with approximately 15 near-prime lenders before presenting options through OppLoans’ platform.
We are committed to helping the tens of millions of middle-income consumers who are turned away by traditional providers build their credit history and embark on a better financial path.
OppLoans works to lead middle-income, credit-challenged consumers to a better financial path
◊ Elkins, Kathleen. “Here’s how much money Americans have in their savings accounts.” CNBC.com, Sept 13, 2017
§ Friedman, Zack. “78% Of Workers Live Paycheck To Paycheck.” Forbes.com, January 11, 2019
‡ Hamdani, Kausar, et al. “UNEQUAL ACCESS TO CREDIT The Hidden Impact of Credit Constraints.” NewYorkFed.org, 2019
* Proprietary OppLoans AAU Survey. Nov. 8, 2019. Survey of 1,000 customers.