Vast Majority of Credit-Challenged Consumers Remain Locked out of Traditional Credit Markets
OppLoans, a leading financial technology platform that serves middle income, credit-challenged consumers, released its latest insights on sub-36% APR loan availability for non-prime consumers through the first month of 2020. Through OppLoans’ proprietary TurnUp referral program â in which OppLoans checks the market voluntarily on behalf of applicants for sub-36% APR small dollar installment loans with approximately 15 near-prime lenders before presenting options through the OppLoans’ platform â the fintech firm is able to offer...