Is OppLoans Legit? Read This Review Before Applying
Introduction
Opploans is an online lender that offers personal loans, business loans and more. It's a popular choice for those looking to borrow money quickly, which is why we're here to help you compare OppLoans' rates with other lenders.
What Is OppLoans?
OppLoans is a peer-to-peer lending platform that offers loans to people with bad credit, no credit and more. The company was founded in 2015 by former Quicken Loans CEO Dan Gilbert.
The company has raised $10 million from investors including Blackstone Group LP, Tiger Global Management LLC and Obvious Ventures LLC. It’s estimated that OppLoans has about 200 million borrowers on its platform who owe about $200 billion in debt across the US economy as a whole (or about 10% of all outstanding consumer debt).
OppLoans Interest Rates?
The interest rate is the amount of money that you pay back to your lender over time. It's a key factor in deciding whether or not it's worth applying for an OppLoans loan.
The customer service team at OppLoans can help you understand what kind of rate you'll get, as well as their criteria for approving loans. You'll need to meet certain requirements before getting approved for a loan:
- You must have good credit score (at least 700) and income from working full-time or part-time jobs where your employer pays taxes every year (if applicable). If not, then they may deny your application.
- You also need to prove that there are no liens against any property owned by yourself or someone else who lives with you - such as joint accounts/mortgages etc., unless there is evidence showing otherwise (such as copies).
Is Opploans legit?
Opploans is a legitimate loan provider. They are not a broker and do not offer loans on behalf of other companies. When you apply for an OppLoans loan, you will be directly connected with the lender who offers it. Your personal information is protected at all times by using secure servers and encryption technology to ensure that your data cannot be accessed by third parties or hackers.
The company has been operating since 2015, but they've only been registered in 2017. This means that they have been around long enough to establish themselves as trustworthy members of society—and we're happy to say that their reputation seems pretty solid! Their reputation has only improved since then thanks in part because they've undergone several improvements over time which allow them continue providing safe services while still being affordable for everyone who needs one
How Much Can You Borrow With OppLoans?
OppLoans offers loans up to $25,000.
OppLoans offers loans up to $50,000.
OppLoans offers loans up to $100,000.
OppLoans offers loans up to $250,000
How Do You Get an OppLoans Loan?
To apply for an OppLoans loan, you can do so online or on the mobile app. You can also call in and speak to one of our representatives directly. If you prefer not to use a computer or phone, there are also store locations where you can fill out paperwork in person.
OppLoans Customer Service
- If you have any questions about OppLoans, their customer service team is available to answer your questions 24/7. They can be reached by phone at 1-888-874-6824 or through email at support@opploans.com.
- The company's website has an FAQ section that contains answers to many common questions about their loan products and services. You can access this information by clicking here: http://www2.opploansfinance./support/faqs/.
- If you'd like more personal attention from an OppLoans representative, they also offer live chat features so that customers can talk directly with someone in real time regarding any issues they may be having with their loans or other financial needs (such as applying for one). To use the service, simply click on "Chat Support" near the top of any page on their site before filling out any forms - then click "Call Me Now" button when prompted!
How Do You Contact OppLoans?
If you want to contact OppLoans, their phone number is +1-888-870-8402. You can also email them at [email protected] or fill out the form on their website.
Who Qualifies for an OppLoans Loan?
You must be over 18 years old to apply for an OppLoans loan. You must also be a US citizen and have a valid email address. If you don't meet these criteria (or any other requirements of their lending program), then you'll need to take another route to get the money needed for your project or purchase.
You must also have a bank account with at least $500 in it before applying for an Opploans loan because they will check this information before approving your application.
To qualify for an OppLoans personal loan, you need minimum credit score of 620 and annual income of $25,000 per year (or $1,500 monthly).
Conclusion
Opploans is a legitimate company with solid customer service and competitive rates. If you are looking for an easy way to get started in the world of personal finance, then it might be worth checking them out.