OppLoans provides no-credit-check tiny loans with quick money but high prices.

You might have cheaper choices.

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Our Take

The underside line: an alternative for bad-credit borrowers, however with high prices should simply be regarded as a final measure.


Min. Credit History
Est. APR
Loan Amount

Pros & Cons

Choice to improve your repayment date.

In a position to fund loans within 1-2 business days.

Prices are high weighed against other bad-credit loan providers.

Short maximum repayment terms as high as 18 months in several states.

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Complete Review

A similar loan product to review OppLoans, NerdWallet collected more than 30 data points from the lender, interviewed company executives and compared the lender with others that seek the same customer or offer. Loan terms and charges can vary greatly by state.

When you should give consideration to: a resort that is last a real crisis once you’ve exhausted other choices.

OppLoans makes installment that is short-term without any credit check and areas it self as an easy, affordable option to payday advances. The business were only available in 2012 to simply help people access credit, which had become increasingly hard following the 2008 economic crisis, says Jared Kaplan, CEO of OppLoans.

OppLoans provides reduced rates and longer payment terms than many payday loan providers, but it is still an form that is expensive of. NerdWallet does not suggest loans with yearly portion prices above 36% until you’ve exhausted all the other borrowing options first.

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