Unveiling the Secrets of OppLoans Finwise: Unlock Financial Insights
OppLoans is an online lending platform that provides short-term loans to borrowers with low credit scores. The company was founded in 2012 and is based in Chicago, Illinois. OppLoans offers loans of up to $5,000 with terms of up to 18 months. The loans are designed to help borrowers cover unexpected expenses or consolidate debt. OppLoans considers borrowers with FICO scores as low as 350, making it a good option for those who have been turned down by traditional lenders. The company also offers a variety of financial education resources to help borrowers improve their credit scores and manage their finances.
OppLoans is a member of the Online Lenders Alliance (OLA), a trade association that represents the online lending industry. The OLA has developed a set of best practices for online lenders, including requirements for transparency and responsible lending. OppLoans is committed to following these best practices and providing its customers with a positive borrowing experience.