Installment Lenders
OppLoans Review
Bad-credit installment loans that report to all three bureaus.
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.
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 to other lenders
Use our free pre-qualification form to see options matched to your state and income.
No hard credit pull · 60-second form
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Reviewed by the CashCompassPro editorial team. See our editorial guidelines and fact-checking policy. Browse all lender reviews.