Oportun offers affordable personal loans up to $10,000 with fixed payments and no prepayment fees. They cater to individuals with no minimum credit score required, making their loans accessible to those with limited or poor credit history. Oportun reports to credit bureaus, which can help borrowers build or improve their credit scores. They provide free credit tools and quick approval, with funding available as soon as the next business day after approval. Interest rates are capped at 35.99% APR, with loan terms ranging from 12 to 54 months. However, the APR can still be high compared to traditional loans, and availability is state-specific, which may limit access for some borrowers. Additionally, there may be limits for first-time borrowers, so it's important to review the terms carefully before applying.
