Installment Lenders
OppLoans Review
Bad-credit installment loans that report to all three bureaus.
CashCompassPro rating
Strong option
Cost / APR
59% – 160% (varies by state)
Amounts
$500 – $4,000
Funding speed
Next business day
Credit review
None — underwrites on bank history
APR range
59% – 160% (varies by state)
Loan amounts
$500 – $4,000
Loan terms
9 – 18 months
Min. credit score
None — underwrites on bank history
Funding speed
Next business day
Origination fee
$0
Overview
OppLoans (Opportunity Financial) is one of the more transparent bad-credit installment lenders. It targets borrowers who would otherwise be pushed toward payday or title loans and offers fixed installment repayment, no rollovers, and credit reporting to all three bureaus. APRs are high — 59% to 160% — but typically a fraction of a true payday or title loan. The lender is publicly disclosed, BBB-accredited, and discloses APR and total repayment up front before you sign.
Who OppLoans may be best for
Borrowers comparing lender options, costs, approval requirements, funding speed, and alternatives before submitting a request.
What to watch before applying
Review APR, fees, repayment timing, availability, and the total repayment amount before accepting any offer.
Pros
- No prepayment, application, or origination fees
- Reports on-time payments to Experian, Equifax, and TransUnion
- Fixed installment repayment — no balloon, no rollover
- Soft-pull pre-qualification
Cons
- APR still high vs. mainstream personal loans
- Maximum loan only $4,000
- Not available in every state
Eligibility & requirements
- At least ~$1,500/month verifiable income
- Active checking account with direct deposit
- Government-issued ID
- Residence in a supported state
Compare OppLoans to other options
Use the review details, calculators, and alternatives below before submitting a request.
Submitting a request does not guarantee approval or funding.
Compare related guides
Alternatives to OppLoans
Rise Credit
Installment loans up to $5,000 for borrowers with limited credit.
Read Rise Credit review
NetCredit
Personal loans and lines of credit for fair- and bad-credit borrowers.
Read NetCredit review
Possible Finance
Small installment loans designed to replace payday loans.
Read Possible Finance review
How we review lenders
Questions
Frequently Asked Questions
Clear answers to common questions before you compare loan options or apply.
Reviewed by the CashCompassPro editorial team. CashCompassPro is not a lender and does not make credit decisions. See our editorial guidelines and fact-checking policy. Browse all lender reviews.