Questions

All

Applications

Establishing credit

Payments

Personal loans

Privacy & security

Save

Secured personal loans

Applications

Can more than one person sign for a personal loan?

You may be able apply for a personal loan through Oportun with a cosigner in certain situations. We’ll let you know when you apply if you’re eligible. A cosigner is someone who adds their name to your personal loan application. This is typically a close friend or family member. You’ll want to choose a cosigner who has a high credit score. Your cosigner’s credit history can strengthen your personal loan application and increase your chances of getting approved. It’s important to understand that your cosigner can be held responsible for your personal loan payments if you don’t make them on time. Their credit score will also be impacted by the credit activity on your personal loan account. For these reasons, it’s important to make your personal loan payments on time.

Are there fees associated with my personal loan?

We do not charge application or prepayment fees. We do, however, charge an Administrative Fee or a tax stamp when we approve your loan (depending on which state you live in). This fee is calculated as part of your annual percentage rate (APR) along with the amount of interest you will owe. We may also charge fees for late payments and returned checks.

What are the document requirements for a secured personal loan?

Original vehicle title
Vehicle registration (original or copy, must be registered in AZ, CA, FL, IL, NJ, or TX)
Driver’s license (US issued or international)
Proof of income
Proof of address
Pictures of your car (front, back driver side, passenger side, VIN, and odometer)
Bank account and routing number for instant verification

What documentation do I need to apply for a personal loan?

Our personal loan application process is quick and easy. The process usually only takes around 10 minutes to complete once you’ve gathered the required documents. To apply for a personal loan, you’ll need to provide the following documents:

Government-issued ID (from most countries)
Proof of address, such as gas and electricity bills
Proof of income, such as paystubs
A list of your recurring monthly debt payments

After you submit your application and these documents, we’ll typically let you know if you’re application for a personal loan is approved in a matter of minutes.

How fast is the application process for a personal loan?

We know your time is valuable and we’re committed to providing you with fast service. Prequalification takes only minutes and will not impact your FICO^® credit score. The full application process typically takes under 10 minutes if you supply the correct documentation. Approved applicants can receive funds quickly with direct deposit.

Can I be prequalified without impacting my credit score?

Getting prequalified won’t impact your credit score. A prequalification only requires a soft inquiry of your credit report. Soft inquiries allow lenders to see some information from your credit report without impacting your credit score. If you choose to submit a formal application, a hard credit inquiry will be conducted. Hard inquiries can impact your credit score. Learn more.

What factors does Oportun consider when granting a loan?

We know that you are more than just a set of numbers or a credit score. If you have a credit history, we will look at it, but we also consider other information. We may even approve you if you’ve faced bankruptcy.

Establishing credit

What is a FICO® credit score?

Credit scores try to estimate the likelihood that a borrower will pay back debts on time. There are many types of credit scores developed by different companies, but the FICO^® score, developed by Fair Isaac Corporation, is one of the most commonly referenced credit scores. According to Fair Isaac Corporation , your FICO^® credit score is a number between 300 and 850, and is calculated by a formula that takes into account the following factors:

Payment history (35%)
Amount owed (30%)
Length of credit history (15%)
Credit mix (10%)
New credit (10%)

What is a nationwide credit reporting agency?

There are three nationwide credit reporting agencies, also called credit bureaus: Experian, TransUnion, and Equifax. These companies collect financial and other data about users, which is recorded in credit reports and used to create credit scores. Each bureau does not collect the exact same information, so a person can actually have multiple credit scores, including multiple FICO^® credit scores.

How could Oportun help me build a credit history?

We report your account behavior to nationwide credit bureaus. Each month, we let them know whether you’ve made your account payments on time and in full. You can establish positive credit when you make your requested payments on or before your due date, pay more than what is requested, or pay your account in full. It generally takes at least six months to establish an initial credit score. If you miss payments or make late or incomplete payments, we also report that to the credit bureaus. Such behavior can negatively impact your credit score. The lender for personal loans in select states is Pathward N.A., and they report your account behavior to nationwide credit bureaus.

loan payments

Where can I access Set & Save?

Access Set & Save in the Oportun app. All Oportun members can sign up for Set & Save but having an automated goal to help save for your loan is currently in early access for only select members. If you want to sign up for early access, reach out:

How does Oportun save for me?

To make your savings really smart, we automatically move money from your bank account into your Set & Save™ savings account when you can most afford it. We analyze the following to help you save:

Linked bank account balance
Your past income
Recent spending such as bills
Your goals and their targets
Any savings goals controls that you set (safe saving level, max daily save, goal end dates).

Where are my funds stored?

Oportun holds members' Set & Save™ funds with partner banks: Citibank, J.P. Morgan Chase, and Wells Fargo. Our banks are FDIC insured, so your saved funds are as well. Oportun is not a bank.

Will Oportun make my loan payments for me?

No. You are responsible for making your loan payment. Set & Save™ helps you prepare by saving for you, then moving your saved funds back into your bank account before your loan payment due date. We’ll notify you when your saved funds are ready so you can make your payment on time and stay on track.

What banks support RTP?

Currently, more than 1,000 US financial institutions participate in the RTP payment system. The full list of RTP network banks can be found on The Clearing House website. Similar to FedNow, RTP coverage is constantly growing as new financial institutions agree to participate. Currently, around 70% of financial institutions are Real-Time Payment banks, including notable institutions such as:

American National Bank
JD Bank
Bank of America
Century Bank
Navy Federal Credit Union
CitiBank
Citizens National Bank
PNC Bank
Signature Bank
Fifth Third Bank

Many local credit unions and banks also participate in RTP bank transfers, including State Bank of NW Missouri, Jacksonville Fireman Credit Union, and Indiana University Credit Union.

Payments

How much will my payments be for my personal loan?

We do our best to set you up for success. Payment amounts are based on your loan size, interest rate, fees, and terms of your loan. Payments for personal loans are made in fixed installments, meaning they don’t change over the life of the loan (except the last payment, which may be larger or smaller depending on whether you made your payments on time). If you’d like to make a lower payment, you have the ability, within certain parameters, to change the loan amount or loan terms before the loan is disbursed.

What if I can't make a payment on my personal loan?

We understand that unexpected things happen. Please let us know right away if you think you won’t be able to make a payment. Call us at 888-907-0129, and we’ll try to work something out with you. We report your account to nationwide credit bureaus—that’s how we help you establish a credit history. When you miss a loan payment, we report it to the credit bureaus, which could hurt your credit score. Making payments on time is one of the most important factors in your credit score calculation.

Can someone else make a payment on my personal loan for me?

Yes. However, privacy laws limit the amount of information we can share about your loan. If you’d like someone to make a payment on your behalf, make sure they know the name and telephone number associated with your loan and the payment amount you would like to make.

How can I make a personal loan payment by check?

We are happy to accept checks and money orders in stores or by mail. Please include your loan number in the check memo. Do not send cash. Payments may be mailed to the following address: Oportun P.O. Box 2063 Menlo Park, CA 94026

How can I make a personal loan payment by phone?

Call us at 866-488-6090. You can make a payment through your bank (we’ll just need your routing and account numbers). We can help you make a one-time payment or set up automatic payments from your bank or credit union. Automatic payments are the easiest way to make your loan payments on time.

How can I make a personal loan payment online?

There are three easy ways to make a payment online:

Oportun account: Log in to make a one-time payment or set up auto pay; you’ll need your bank account and routing number
Debit card: You can also make a payment using your debit card
Bill pay: Or use bill pay through your bank; we don’t charge fees if you prefer to use your bank’s bill pay system

What is the easiest way to make my personal loan payments?

Here at Oportun, the easiest way to make your personal loan payments is by enrolling in automatic payments. With auto pay, your personal loan will get paid on time automatically each month. To set up auto pay, choose the payment method you want to use to make your personal loan payment. You can use a checking account, savings account, or debit card. If you use a checking account or savings account, you’ll need to provide the account number and routing number. You can find this information in your bank statement. Once you have your payment information handy, you can enroll in auto pay in one of many ways:

From your online Oportun account
Over the phone by calling us at 866-488-6090
At an Oportun office near you

After auto pay is set up, all of your personal loan payments will be made automatically for the rest of your loan term. You won’t need to worry about late payments anymore. By ensuring all of your payments get made on time, auto pay can help you maintain your credit score.

How can I make a personal loan payment in person?

Payments are accepted at any Oportun store or in hundreds of convenient locations that provide CheckFree Pay, MoneyGram, or PayNearMe. In Oportun stores, we accept cash, checks, and money orders. Please bring exact amounts, as we are not able to make change. However, we’ll credit any excess funds to your account. You can also pay at Walmart, Kmart, CVS, 7-Eleven, grocery stores, corner stores, Family Dollar stores, and hundreds of other locations that accept CheckFree Pay, MoneyGram, or PayNearMe payments. Oportun does not receive any portion of the fees charged by the vendors above for making a payment. No fees for using these payment options will be charged to customers in California, New Jersey, New Mexico, or Wisconsin if the loan was disbursed in these states.

No fee: Find a CheckFreePay location —you will need your Oportun loan number (located in your loan documents), name, and phone number associated with your loan.
No fee: Find a MoneyGram location —you will need your Oportun loan number (located in your loan documents). If you’re making payments on a personal loan, use receive code 7991. If you’re making payments toward an auto loan, use receive code 14565.
Fee of $1.75 for cash / $.99 debit may apply: Find a PayNearMe location —you will need your PayNearMe barcode, located in your loan documents.

How could Oportun help me build a credit history?

Personal loans

What is a FICO® credit score?

Payment history (35%)
Amount owed (30%)
Length of credit history (15%)
Credit mix (10%)
New credit (10%)

What type of vehicles are eligible for a secured personal loan?

The vehicle must meet our standards, including:

25 model years or newer with fewer than 250,000 miles
Eligible vehicle makes: Acura, Audi, BMW, Buick, Cadillac, Chevrolet, Chrysler, Dodge, Fiat, Ford, Genesis, GMC, Honda, Hyundai, Infiniti, Jaguar, Jeep, Kia, Land Rover, Lexus, Lincoln, Mazda, Mercedes-Benz, MINI, Mitsubishi, Nissan, Ram, Scion, Subaru, Toyota, Volkswagen, Volvo
Ineligible vehicle makes: Exotic models, alternative fuel vehicles, electric models, leased vehicles, vehicles registered outside your state of residence, heavy-duty trucks greater than F350/3500 (12K GVW), cargo or conversion vans, commercial or “for hire” vehicles, salvage or branded title vehicles, flood or frame damaged vehicles, and vehicles with replaced or modified odometers

How is the Administrative Fee calculated?

Loans are subject to an Administrative Fee that is included in your finance charge and reflected in your Annual Percentage Rate (APR). The fee is calculated up to 10% of your loan’s principal amount (before deduction of the fee) and depends on factors such as your loan size, term length, and prior Oportun loan history. For example, for a loan with a principal amount of $6,500, the maximum Administrative Fee would be $650. If that were your fee, the amount you receive would be $5,850. Oportun applies these criteria consistently for all customers to help ensure fair and equal treatment under the Equal Credit Opportunity Act (ECOA) and Regulation B.

What is a secured personal loan?

A secured personal loan is an installment loan that is secured by collateral. At Oportun, you can use your car title as collateral for a secured personal loan. Your car stays with you, and you can continue driving as usual while you make your loan payments.

How much will my payments be for my personal loan?

What if I can't make a payment on my personal loan?

Can someone else make a payment on my personal loan for me?

How can I make a personal loan payment by check?

How can I make a personal loan payment by phone?

How can I make a personal loan payment online?

There are three easy ways to make a payment online:

Oportun account: Log in to make a one-time payment or set up auto pay; you’ll need your bank account and routing number
Debit card: You can also make a payment using your debit card
Bill pay: Or use bill pay through your bank; we don’t charge fees if you prefer to use your bank’s bill pay system

What is a personal loan?

A personal loan provides you with a lump sum of money that is paid back over a set period of time. The money can be used for a number of personal expenses.

Do I need to be the sole owner on the vehicle title to get a secured personal loan?

Yes, you need to be the only listed owner of the car.

Does my car need to be paid off in order to get a secured personal loan?

Yes, you must own your car. You can’t have any remaining payments on a car loan, and the title must be free and clear with no lien on it.

What happens to my car if I become delinquent on my loan?

We understand that unexpected things happen. Please let us know right away if you think you won’t be able to make a payment. Call us at 855-754-5491 and we’ll try to work something out. If your loan remains delinquent without any payment arrangements, you could lose your car.

How long does it take to get my money once I’m approved for a secured personal loan?

Once you’re approved, your vehicle meets our requirements, and we have all necessary documentation, we can disburse the loan in as little as 24 hours.

What is the easiest way to make my personal loan payments?

From your online Oportun account
Over the phone by calling us at 866-488-6090
At an Oportun office near you

Is a secured personal loan a title loan?

No. Compared to titles loans, our secured personal loans are capped at 36% APR, whereas a title loan can carry triple-digit APRs. Our secured personal loans are installment loans with fixed, affordable payments that have a 24-month minimum term, whereas title loan is a short-term loan repaid in one or two payments. Because they are paid back over months instead of weeks, Oportun secured loans have a lower minimum payment so they are easier to pay back than standard title loans.

How fast is the application process for a personal loan?

How can I make a personal loan payment in person?

No fee: Find a CheckFreePay location —you will need your Oportun loan number (located in your loan documents), name, and phone number associated with your loan.
No fee: Find a MoneyGram location —you will need your Oportun loan number (located in your loan documents). If you’re making payments on a personal loan, use receive code 7991. If you’re making payments toward an auto loan, use receive code 14565.
Fee of $1.75 for cash / $.99 debit may apply: Find a PayNearMe location —you will need your PayNearMe barcode, located in your loan documents.

What are the document requirements for a secured personal loan?

Original vehicle title
Vehicle registration (original or copy, must be registered in AZ, CA, FL, IL, NJ, or TX)
Driver’s license (US issued or international)
Proof of income
Proof of address
Pictures of your car (front, back driver side, passenger side, VIN, and odometer)
Bank account and routing number for instant verification

What documentation do I need to apply for a personal loan?

Government-issued ID (from most countries)
Proof of address, such as gas and electricity bills
Proof of income, such as paystubs
A list of your recurring monthly debt payments

After you submit your application and these documents, we’ll typically let you know if you’re application for a personal loan is approved in a matter of minutes.

Can more than one person sign for a personal loan?

What is the difference between a personal loan and a secured personal loan?

The biggest difference is that our secured personal loans require you to secure your loan with your car title, while our standard personal loans do not. It’s usually easier to get approved for a loan this way. You may also be able to get a lower APR, a higher loan amount, and/or longer time to pay back your loan. As with all our personal loans, you get fixed, affordable payments and we report to national credit bureaus to help you build credit with regular, on-time payments.

Can I be prequalified without impacting my credit score?

What factors does Oportun consider when granting a loan?

How do I get my personal loan funds?

We can disburse funds depending on what works best for you: check or a direct deposit into your bank account or onto your debit card.

Are there fees associated with my personal loan?

Privacy & security

How does Oportun use my personal information?

We use your data to evaluate eligibility for products, provide financial services, and improve our offerings.

How does Oportun protect my personal information?

Oportun employs physical, electronic, and procedural safeguards to protect your data, including data encryption. We also restrict access to your information to authorized employees and partners.

What happens to my data if I decide not to continue with the loan application?

If you choose to close your application, your data is securely stored. If you apply again in the future, you’ll need to re-enter your information.

How can I contact Oportun regarding privacy concerns?

Reach Oportun's support team at [email protected] or call (866) 488-6090 for assistance with privacy-related inquiries.

What personal information does Oportun collect?

We require your personal information to evaluate your eligibility and provide financial services to you. We collect information you provide, such as your name and contact information, SSN or ITIN. We also collect transaction details and information from third parties like credit agencies and financial institutions.

Does Oportun share my personal information?

Oportun may share your information with affiliates and third-parties in order to provide financial services to you. We do not sell your personal information. We care for your privacy and take effort protect your information in accordance with the law. Please view our privacy policy for more information.

How can I update or delete my personal information with Oportun?

You can update your information by contacting Oportun’s support team: If you use Set & Save: [email protected]. If you have a personal loan: [email protected], or (866) 488-6090. Under the California Consumer Privacy Act (CCPA), you have the right to request deletion or correction of your personal information.

Save

What is Set & Save?

Set & Save helps you reach your savings goals by automatically pulling money out of your bank account and into a savings account over time, at amounts and moments that make the most financial sense based on your income and expenses. You can set savings goals with specific due dates or just save for a rainy day. Automating your savings can help you reach your savings goals, whether that’s a family vacation or preparing for an emergency.

How does Oportun determine when and how much to transfer into my savings?

To make your savings really smart, we move money from your bank account into your savings account when you can most afford it. It’s not the same amount each time, and it’s not on a set schedule. We analyze the following:

Linked bank account balance
Upcoming income (paychecks or predicted irregular income)
Upcoming bills
Recent spending
Any savings goals controls that you set (safe saving level, max daily save, goal end dates)

Every day that your bank is open, Oportun uses this information to try and find amounts that you can spare. That money is then distributed into your different savings goals. The funds in savings goals are held at FDIC-insured banks for your benefit. All funds belonging to the same person at each bank are protected up to a balance of $250,000.

How do I get started saving with Set & Save?

First, download the Oportun app and activate Set & Save. Through the process, you’ll connect your bank account to our app so we can analyze your pay schedule, spending, and recurring expenses. Then, you can create an unlimited number of savings goals for anything, big or small. Buying a home? Set the goal. Attend a concert? Set the goal. Pay your monthly bills? Set the goal. You can check on your progress in the app at any time. Based on your personal financial habits, Oportun will get to work pulling money out of your linked bank account over time and in moments that make the most sense. These smart, automatic transfers are deposited into savings accounts and distributed based on your savings goals. Your savings are safe and FDIC insured and can be accessed at any time.

What is the rainy day fund in Set & Save?

We'll automatically start you off with a Rainy Day Fund ☔️ (emergency fund), but Oportun can help you save toward anything from a dream vacation to splurging on gifts for the holidays.

Will Set & Save tell me when it saves?

Set & Save works on the idea that you save money more effectively when you don't have to think about it, so you won't receive alerts when we save from your linked account. We've heard countless stories from members who have gotten through emergency situations (or were able to splurge on fun) thanks to the money in their goals that they didn't even realize they had saved away.

Can I schedule saves in Set & Save?

While it's not currently possible to schedule when and how much Oportun saves for you, you can always add money to your goals whenever you'd like by tapping the Transfer money button.

Will Set & Save work if I do most of my spending on a credit card?

If the bank account you have connected for Set & Save is the same one you use to pay your credit cards, Oportun will still be able to account for your credit card spending and will be effective at saving. However, we won't be able to see your spending habits in as much detail as if you regularly used a debit card or made other bill payments from that bank account.

How do I access money from my Set & Save account?

Tap the Transfer money button
In the From field, choose a goal to withdraw funds from
In the To field, select your bank account
Tap Next and enter the amount you want to withdraw
On the Review Transfer screen, tap Make transfer when you're ready
If your bank supports real time transfers, you will be able to choose between a free standard withdrawal or an instant withdrawal for a 99 cent fee
Tap Confirm withdrawal

Why is there a subscription fee for Set & Save?

Set & Save is free for a 30 day trial (unless you’ve got a loan with us, then it’s free for 12 months!). Then it’s $5 per month. This helps us cover the cost of offering the product. Most of our members think it’s worth it since saving money can be hard and Oportun can help. You can cancel anytime at no cost. Once a checking account connects to Oportun, the 30 day free trial starts.

How long does it take to transfer money from a savings goal back into my bank account?

Free standard withdrawals from savings goals typically post back to your linked checking account within 1-5 business days—or sooner, depending on your bank. Banks are closed on federal holidays, so withdrawals created on or around these days may be delayed by approximately one day. Instant withdrawals: Members may have the option pay a 99 cent fee for an instant withdrawal to their linked checking account. If your linked bank account supports real-time transfers, you'll see a screen asking you to choose between a free standard withdrawal and an instant withdrawal before you confirm your transfer. Please note: Depending on who you bank with, as well as certain settings on your checking account, instant withdrawals may not be available to you at this time.

Secured Loan Offer

What type of vehicles are eligible for a secured personal loan?

The vehicle must meet our standards, including:

25 model years or newer with fewer than 250,000 miles
Eligible vehicle makes: Acura, Audi, BMW, Buick, Cadillac, Chevrolet, Chrysler, Dodge, Fiat, Ford, Genesis, GMC, Honda, Hyundai, Infiniti, Jaguar, Jeep, Kia, Land Rover, Lexus, Lincoln, Mazda, Mercedes-Benz, MINI, Mitsubishi, Nissan, Ram, Scion, Subaru, Toyota, Volkswagen, Volvo
Ineligible vehicle makes: Exotic models, alternative fuel vehicles, electric models, leased vehicles, vehicles registered outside your state of residence, heavy-duty trucks greater than F350/3500 (12K GVW), cargo or conversion vans, commercial or “for hire” vehicles, salvage or branded title vehicles, flood or frame damaged vehicles, and vehicles with replaced or modified odometers

What is a secured personal loan?

What is a personal loan?

A personal loan provides you with a lump sum of money that is paid back over a set period of time. The money can be used for a number of personal expenses.

Secured personal loans

What type of vehicles are eligible for a secured personal loan?

The vehicle must meet our standards, including:

25 model years or newer with fewer than 250,000 miles
Eligible vehicle makes: Acura, Audi, BMW, Buick, Cadillac, Chevrolet, Chrysler, Dodge, Fiat, Ford, Genesis, GMC, Honda, Hyundai, Infiniti, Jaguar, Jeep, Kia, Land Rover, Lexus, Lincoln, Mazda, Mercedes-Benz, MINI, Mitsubishi, Nissan, Ram, Scion, Subaru, Toyota, Volkswagen, Volvo
Ineligible vehicle makes: Exotic models, alternative fuel vehicles, electric models, leased vehicles, vehicles registered outside your state of residence, heavy-duty trucks greater than F350/3500 (12K GVW), cargo or conversion vans, commercial or “for hire” vehicles, salvage or branded title vehicles, flood or frame damaged vehicles, and vehicles with replaced or modified odometers

What is a secured personal loan?

Do I need to be the sole owner on the vehicle title to get a secured personal loan?

Yes, you need to be the only listed owner of the car.

Does my car need to be paid off in order to get a secured personal loan?

Yes, you must own your car. You can’t have any remaining payments on a car loan, and the title must be free and clear with no lien on it.

What happens to my car if I become delinquent on my loan?

How long does it take to get my money once I’m approved for a secured personal loan?

Once you’re approved, your vehicle meets our requirements, and we have all necessary documentation, we can disburse the loan in as little as 24 hours.

Is a secured personal loan a title loan?

What are the document requirements for a secured personal loan?

Original vehicle title
Vehicle registration (original or copy, must be registered in AZ, CA, FL, IL, NJ, or TX)
Driver’s license (US issued or international)
Proof of income
Proof of address
Pictures of your car (front, back driver side, passenger side, VIN, and odometer)
Bank account and routing number for instant verification

What is the difference between a personal loan and a secured personal loan?

What factors does Oportun consider when granting a loan?

Smart bills

How do Smart bills work?

Smart bills is a Set & Save feature that you can use to save for utility bills, subscriptions, or any repeating payment. You set a goal, how much you want to save and how frequently, and then give it a recurring due date. We then save a portion of your goal once a week to help you achieve your goal, and we send the money back to you before your due date. You can edit or pause your goal, or withdraw your funds at any time. After we transfer the money back, we automatically start saving for your next due date, without you needing to do a thing. Set goals to repeat every month, three months, or even every year.

How do you decide how much to save each time?

We look at your primary checking account’s balance and cash flow trends. Then, we save a set amount once a week to match your goal’s timeline—without causing unnecessary strain on your day-to-day spending. To get the best results, we recommend setting realistic goal amounts and making sure your primary bank account (where you receive your paychecks) is connected to Set & Save.

What happens if I don’t have enough money in my account?

We’ll check your balance before trying to save. If funds are too low, we’ll either skip that save or pull a smaller amount that won’t overdraw your account. Try connecting your primary bank account for best results.

Can I change my goal amount or due date?

Definitely. You can edit your goal at any time—change the amount, due date, or even pause it entirely if your plans change. For bills that vary (like utilities), we recommend setting a goal slightly higher than average to be safe.

How do I set up a Smart bill?

To set up a Smart bill, open the Oportun app and select “Create goal” from the Set & Save screen. Then select to create a repeating bill and follow the on-screen instructions. Setting up a new Smart bill is quick, easy, and can help you stay on top of your finances.

When will I receive my funds back?

We’ll automatically initiate a transfer of your saved funds back to your linked account 5 business days before your goal’s due date. This gives you time to make your payment on time and stress-free.

Do I need to pay my bill, or will you handle it?

You are in full control of your money! We’ll return the funds to your linked bank account, and you’ll make the payment directly to your biller.

Can I transfer money back early?

Yes, you can manually transfer your money back at any time. Just keep in mind that transfers may take 3-5 business days to complete depending on your bank.

Are there any fees for transfers?

Standard transfers are free for most banks. Transfers may take 3-5 business days to complete depending on your bank.

How are Smart bills different from a one-time goal in Set & Save?

Smart bills are designed for things like monthly bills, subscriptions, or rent. Instead of saving small variable amounts daily, we help you plan for bills by saving the same larger amount every week—so when it’s time to pay, the money’s already waiting for you. The goal then automatically restarts after every due date, to help you stay on top of your finances.

Can I use this to automatically pay my Oportun loan?

While you can use Smart bills to help plan and save for your Oportun loan, we don't repay the loan directly. Instead, we help you save up the money beforehand so it's ready when you need it. You stay in control of when and how you pay. If you already have the Oportun app, we recommend setting up auto-pay for your loan.

Can I skip a week?

You can pause your goal at any time if you need to take a break from saving. When your goal is paused, no money will be moved until the goal is resumed. Just note: if you pause for too long, you might fall behind on your goal and not have the full amount ready by the due date.

How will I know when money is saved or transferred?

We'll send you notifications via email and the app every time we save money toward your goal and when we transfer funds back to your account. We recommend turning on your notifications for timely updates.

Questions

Applications

Establishing credit

loan payments

Payments

Personal loans

Privacy & security

Save

Secured Loan Offer

Secured personal loans

Smart bills

Oportun

Help

Products