- OppLoans lends $500–$5,000 for up to 18 months, reported at 160%–195% APR.
- It is not available in every state. Similar lenders and networks cover more states.
- A credit union PAL (max 28% APR) is far cheaper if you can get one.
What OppLoans offers
| Details | |
|---|---|
| Loan amount | $500–$5,000, depending on state and income |
| APR | About 160%–195% |
| Term | Up to 18 months |
| Credit | Designed for fair or poor credit; no FICO minimum |
| Availability | Roughly 40 states; not offered in states including Colorado, Connecticut, Georgia, Iowa, Maryland, Massachusetts, New York, South Dakota, Vermont, West Virginia and DC |
In many states, OppLoans loans are made by a partner bank and serviced by OppLoans. That is why people search for “OppLoans FinWise.” Your loan agreement names the lender.
Similar options
- Other online installment lenders for fair or poor credit. Compare APR, term and the total of payments.
- Online payday lenders such as CashNetUSA, for smaller, shorter loans. See lenders like CashNetUSA.
- Lending networks, which send one request to several lenders. Our homepage form works this way.
Need $100–$1,000 before payday?
- One free request, many lenders
- Bad credit and benefit income considered by many lenders
- See the APR and total cost before you sign
PaydayEase is not a lender. Requests go to lenders in our network; approval, rates and terms are set by the lender. Rates & fees
Cheaper alternatives
| Option | Approximate interest |
|---|---|
| Installment loan at 160% APR | About $515 |
| Credit union PAL II at 28% APR | About $83 + up to $20 fee |
| Personal loan at 36% APR (fair credit) | About $110 |
Illustrative amortized figures; actual costs depend on the lender.
What people ask about OppLoans
Many people search for OppLoans reviews on Reddit and elsewhere. Common themes are fast funding and access with poor credit on one side, and the high total cost of an 18-month loan on the other. Whatever lender you choose, repay early if you can. Check for prepayment penalties first.
Lender availability, amounts and fees depend on your state. See payday loan laws by state.
Need cash before payday?Send one free request to our lender network. We are not a lender; offers and rates come from lenders.
Request a loanFrequently asked questions
What lenders are like OppLoans?
Other online installment lenders that serve fair or poor credit, and online payday lenders for smaller amounts. Lending networks can show your request to several such lenders at once.
What is OppLoans’ APR?
OppLoans has been reported at about 160% to 195% APR, varying by state.
Is there anything cheaper than OppLoans?
Credit union payday alternative loans (max 28% APR) and personal loans for fair credit (often 36% APR or less) usually cost much less.