Oportun
Oportun Review by Max Cash
Oportun provides personal loans to borrowers with poor or no credit history, up to $5,600, either online or at a store location.1 The application process is easy and streamlined, and prequalification won't impact credit scores. Approved applicants may receive funds the same day or by the next business day.5 Oportun also offers a convenient mobile app!
Partner Disclosure
Although we don't cover every financial product or company, we strive to offer a diverse selection of offers and objective editorial viewpoints from the Max Cash content team. Our partners and affiliates, which include some of the lenders we may recommend, have no bearing on our editors' opinions or ratings, which are dependent on internal opinion and derived from analysis and research. You can find a list of our partners here.
Pros and Cons of Oportun
Oportun can be an excellent option for those seeking quick and flexible financial solutions through personal loans.5
- Easy application process with approvals possible in minutes
- Fixed monthly payments and clear terms
- Reports payment history to major credit bureaus to build credit
- Upon approval, funding may be deposited the same day or by the next business day5
- New borrowers are not eligible for loan amounts over $6,000
- Available in select states only
- Charge an Administrative Fee (tax stamp) upon approving loans
- Interest rates may be higher compared to traditional loans
How Oportun Compares
to Other Options
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| Max Cash's Rating | |||
| Repayment Terms | N/A | N/a | N/A |
| Funding Timeline | Receive funds on the same day or by the next business day | Receive funds in as little as one business day | Receive funds within a few business days |
| Bottom Line | Oportun assists borrowers needing funds quickly with personal loans up to $10,000 with approvals and funding possible the same day.5 Loans come with fixed monthly payments, no hidden or prepayment penalties, but not available nationwide.3 |
Allied Cash Advance loans can offer personal loans with predictable monthly payments, but an active checking account is required.5 |
LendingClub offers personal loans up to $60,000 through its peer-to-peer lending model with competitive rates and flexible repayment options.1 Fee structures are clear and transparent, but best suited for consumers with better credit. |
| Visit Profile | Visit Profile | Visit Profile |
Frequently Asked Questions about
Oportun
Oportun is a legitimate business that has been operating since 2005.
Call 866-488-6090 to speak with a representative, or find an Oportun store location here.
Oportun is accredited by the Better Business Bureau (BBB) and has an A+ rating.
Ready to See if You Qualify for Funding?
Partner Disclosure
Although we don't cover every financial product or company, we strive to offer a diverse selection of offers and objective editorial viewpoints from the Max Cash content team. Our partners and affiliates, which include some of the lenders we may recommend, have no bearing on our editors' opinions or ratings, which are dependent on internal opinion and derived from analysis and research. You can find a list of our partners here.