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Social Impact

OppFi champions the every day consumer’s ability to access credit and improve their financial health.

Social Impact Strategy

Top facts from Social Impact Report

  • OppFi reported 424,149 consumers’ payment histories to all three major credit bureaus — according to an internal Vantage Score® Study, OppFi found that consumers who paid off their loans with OppFi experienced a 32 point average Vantage Score® increase.7
  • Through the OppFi TurnUp program, if a consumer qualifies for a sub-36% APR product, OppFi’s platform will help ensure they have access to that product. However, our data indicate that less than 2% of consumers who opt into the OppFi TurnUp program receive and close a loan with one of the lending partners.
  • Approximately 280,516 everyday consumers obtained credit through the OppFi platform in 2020, representing more than $483 million in total net originations.
  • OppU, OppFi’s online financial education hub and blog, had more than 1 million user visits in 2020.
  • Through its mission-aligned relationships, OppFi provided consumers with more than 100,000 referrals to free financial health resources in 2020.
2020 Annual Social Impact Report

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