Imagine this: You’re in need of some quick money to cover a new battery for your car; you have to drive 25 miles every day to get to your job. Your friends or family can’t lend you the money, you don’t have a credit score so a bank won’t lend to you, and you don’t want a high-cost payday or pawn loan.
One of your friends from Illinois tells you about Oportun, which offers responsible loans that come with affordable, fixed payments that can even help you establish a credit history. And even better, you can apply from just your smartphone, computer or tablet. No traveling to a retail office or applying by phone.
This has been the reality for people in Arizona, California, Florida, Illinois, Missouri, New Mexico, Nevada, Texas, and Utah. And now this moment has arrived for residents in Idaho and Wisconsin!
Oportun launched their mobile loan application in both states this May
That means that Idaho and Wisconsin’s residents can apply online, get a decision and, if approved, sign their loan agreement electronically and receive money through a mailed check or direct deposited to their bank account!
How to apply for a loan with our secure mobile application
To apply from your phone or computer, make sure you have access to cellular data or a secure internet/Wifi connection. After that, open the browser and type “Oportun.com” to get to our website, or click the Oportun logo in the top right of this screen.
Click the “Apply Online” button and start the mobile application process, following the instructions. If you cannot complete the process because you do not yet have all documentation required, do not worry. The system will save your application and you can return later to finish the loan application, just remember your login username and password!
What makes Oportun different
Oportun’s mission is to provide inclusive, affordable financial services that empower our customers to build a better future. Oportun has figured out a way to evaluate these borrowers and is able to make loans to people that traditional banks and financial institutions won’t lend to. Not only that, Oportun reports accounts and payment histories to the credit bureaus so that customers can start establishing credit history, and hopefully one day enable them to access more credit options. Oportun’s loans are designed for borrowers to build a better future.
All loans are on approved credit. Oportun reports account payment histories to credit bureaus. Late or missed payments may have a negative impact on credit history or credit score. If you do not have a Social Security number, the credit bureaus may not be able to report your credit history completely and accurately.
This blog is an advertisement and is not meant to provide personal financial advice. Please speak with your accountant or financial adviser for personal financial advice.
The information in this site, including any third-party content and opinions, is for educational purposes only and should not be relied on as legal, tax, or financial advice or to indicate the availability or suitability of any Oportun product or service to your unique circumstances. Contact your independent financial advisor for advice on your personal situation.