Oportun
Flexible personal loans from $300 to $10,000, approval in minutes, no hard credit check to prequalify, and quick funding with manageable payments.
Oportun offers personal loans designed for flexibility and fast approval. Loans range from $300 up to $10,000, and you can check if you qualify without impacting your credit score. There is no hard credit pull for prequalification. If you use your car title, you may borrow up to $18,500, usually at lower APRs than typical auto title loans. Direct deposit and check disbursement options are available for receiving your funds.
You won’t find listed interest rates or APRs, but Oportun’s promotions highlight affordable payments and a user-friendly application process. Typically, the entire application can take less than 10 minutes if you have your documents ready. Loan terms and amounts may vary state by state.
How to Apply: Step by Step
- Check eligibility for prequalification without affecting your credit
- Provide some basic information to view your loan offer
- Submit the full application with supporting documents
- Choose your payment plan if approved
- Select your funding method and receive your money, often within a day or two
Pros of Oportun Personal Loans
Oportun’s prequalification process does not affect your credit, making it stress-free to check your options. Loan approval can be swift compared to many competitors, with funds often available quickly.
The flexibility in loan amounts lets you borrow what you need, and the ability to secure a larger amount with your car title is a notable advantage for some borrowers.
Cons of Oportun Personal Loans
One drawback is the lack of publicly listed APR and fee information, which makes it harder to compare rates upfront. Additionally, higher loan amounts secured with a car title aren’t available in all states.
Some borrowers may not qualify for the maximum amount if their credit profile or residence does not meet eligibility criteria.
Verdict: Is Oportun Right for You?
Oportun stands out for simple prequalification, fast approval, and flexible payment options. It’s best for those needing quick funds with minimal credit impact upfront.
If transparency on rates isn’t a dealbreaker for you—and you value fast, convenient service—Oportun could be a strong choice for personal loans from $300 up to $10,000 or more if you have qualifying collateral.