What type of loans does Oportun offer?
Oportun is a lender that markets its personal loans as an alternative to expensive payday loans and title loans. Based in California, Oportun offers both unsecured and secured personal loans, with loan amounts ranging from $300 to $10,000.
What credit score do you need for Oportun loan?
Oportun is known for its very flexible credit score requirements. The credit score range that borrowers must fall into in order to be eligible for an Oportun loan is generally 300 – 700, but it will also approve people who have no credit. To be eligible for an Oportun loan, you must: Be 18 or over.
Does Oportun sue?
Oportun Inc. is one of the top filers of debt lawsuits in the United States. In California, for example, Oportun filed 30,000 collection lawsuits in 20 of the 58 counties in 2019 and 14,000 during the first half of 2020.
What is Oportun WebBank?
In recognition of its responsibly designed products which help consumers build their credit history, Oportun has been certified as a Community Development Financial Institution (CDFI) since 2009. About WebBank. WebBank is a Utah chartered Industrial Bank headquartered in Salt Lake City, Utah.