Why get an Installment Loan from OppLoans?
OppLoans cornered a market that targets desperate individuals looking for credit. There are a few reasons why OppLoans has been so successful.
- Fast approval times, so borrowers are not left wondering for long periods if the loan will be approved.
- No credit checks are done for the approval of the loan.
- Eligible clients may be able to refinance their current loans. If their account is in good standing, borrowers may apply for a larger loan or extend their loan term.
- The company reports payments to Experian, Equifax, and TransUnion for most clients.
What does OppLoans offer?
OppLoans is a flexible loan provider specializing in small loans for people who can’t get credit the traditional way. It offers bad credit personal loans, no credit check loans, cash advance, payday loans, and installment loans.
Clients with bad financial histories can still get a small loan as long as they have a permanent income. Early payments are accepted, and if you find yourself going through hardships, OppLoans is open to discussing new terms to assist you in meeting your obligations.
Eligibility Criteria
OppLoans is one of the few places that doesn’t check your credit score from one of the three major credit bureaus. It bases its decision on the borrower’s ability to repay the loan by the level of income. You need to live in one of the states that it operates in, and be at least 18 years old to apply.
Furthermore, applicants must have a regular source of income, either by being employed or from state benefits such as Social Security. Your income needs to be going into your checking or savings account via direct deposit.