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          Find a Location

          OppLoans has 1 locations, listed below.

          *This company may be headquartered in or have additional locations in another country. Please click on the country abbreviation in the search box below to change to a different country location.

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            • OppLoans

              130 E Randolph St Ste 3400 Chicago, IL 60601-6379

              BBB Accredited Business

            Business ProfileforOppLoans

            Consumer Finance Companies
            BBB accredited business

            Current Alerts For This Business

            Government Action: BBB reports on known government actions involving business’ marketplace conduct::
            AG Racine Sues Online Lender for Making Predatory and Deceptive Loans to 4,000+ District Consumers

            On April 6, 2021 the District of Columbia Attorney General's office filed a lawsuit in the Superior Court of the District of Columbia. Charges filed allege the business is in violation of the Consumer Protection Procedures Act prohibiting exorbitant interest rates that were up to eight times higher than District's 24% rate cap . For more details go here.

            On November 30, 2021, the District of Columbia Attorney General's Office announced that Opportunity Financial, LLC (OppFi), will pay $1.5 million to refund over 4,000 District consumers who were charged exploitive interest rates by the company, waive over $640,000 in interest owed by those consumers, and pay $250,000 to the District. The settlement resolves the lawsuit filed on April 6, 2021. For more details, go here

            At-a-glance

            Customer Reviews

            4.49/5stars

            Average of 707 Customer Reviews

            Customer Complaints

            237 complaints closed in last 3 years

            91 complaints closed in last 12 months

            BBB Rating & Accreditation

            Accredited Since: 1/1/2016

            Years in Business: 14

            Customer Reviews are not used in the calculation of BBB Rating

            Reasons for BBB Rating

            Overview

            We are an On-Line Consumer loan company that services the subprime community. We are the most respected loan company of our kind in the country.

            Business Details

            BBB File Opened:
            9/5/2012
            Years in Business:
            14
            Business Started:
            10/6/2009
            Business Started Locally:
            10/6/2009
            Business Incorporated:
            12/7/2015
            Accredited Since:
            1/1/2016
            Type of Entity:
            Limited Liability Company (LLC)
            Alternate Business Name
            • Opportunity Financial, LLC
            Hours of Operation

            Primary

            M:
            7:00 AM - 7:00 PM
            T:
            7:00 AM - 7:00 PM
            W:
            7:00 AM - 7:00 PM
            Th:
            7:00 AM - 7:00 PM
            F:
            7:00 AM - 7:00 PM
            Sa:
            9:00 AM - 4:00 PM
            Su:
            12:00 PM - 5:00 PM
            Business Management
            • Mr. Todd Schwartz, Corporate Manager
            • Donielle Johnson, Compliance Manager
            Contact Information

            Principal

            • Mr. Todd Schwartz, Corporate Manager

            Customer Contact

            • Donielle Johnson, Compliance Manager
            Additional Contact Information

            Phone Numbers

            Customer Complaints

            237 Customer Complaints

            Need to file a complaint? BBB is here to help. We'll guide you through the process. How BBB Processes Complaints and Reviews

            File a Complaint

            Most Recent Customer Complaint

            03/06/2024

            Complaint Type:
            Problems with Product/Service
            Status:
            Answered
            I am being harassed via telemarketing calls. I block every number that Opportunity One uses to call, then they call back from another number. I have done absolutely zero business with them and have no affiliation with them. I have received several calls and voicemails per day telling me that I qualify for predatory loans.
            Read More

            Customer Reviews

            707 Customer Reviews

            What do you think? Share your review.

            How BBB Processes Complaints and Reviews

            Start a Review

            Most Recent Customer Review

            Orbie J

            02/23/2024

            It is always a pleasure receiving a loan from OppsLoan. They are trustworthy and have a quick, intuitive and reliable loan process.

            OppLoans Response

            03/01/2024

            Thank you for your feedback! We appreciate your business and value you as a customer!


            Best regards,
            The ********************** Team

            Local BBB

            BBB of Chicago & Northern Illinois

            BBB Reports On

            BBB reports on known marketplace practices.

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