OppFi
⚡ ControversialOnline Lending · Founded 2012
OppFi (Opportunity Financial) is a fintech lender offering high-cost installment loans to subprime borrowers. APRs can exceed 160% in some states.
Trust Score
5
out of 10
Our Verdict
OppFi is licensed and legal but offers very high-cost loans. The main fraud risk is impersonation by advance fee loan scammers. Always apply directly at oppfi.com.
This company operates legally but has significant controversy, regulatory issues, or consumer complaints.
⚠️ Scam Warning
OppFi is a licensed lender but its extremely high APRs have drawn regulatory scrutiny. California ruled it was subject to state usury laws in a significant 2022 court decision.
🚨 Known Scams Using OppFi's Name
- • Advance fee loan scams impersonating OppFi
- • Misleading advertising claiming "affordable" lending for very high-cost loans
🚩 Red Flags to Watch For
⚠ OppFi loan offer requiring upfront fee payment
📋 Report a Scam Involving OppFi
If you've encountered a scam using OppFi's name, report it to help protect others.