Social Impact
Since founding the company in 2012, I have prioritized financial inclusion to be at the heart of OppFi's mission, and it remains at the core of what we do. By providing a path to credit for the 60 million Americans who lack access to traditional financial products, we are empowering these everyday consumers to build better financial health.
In 2022, we continue to offer financial products and services to the millions of consumers who lack access to prime credit. I am honored to once again be leading a company with financial inclusion at its core.
Todd Schwartz
Founder, Chief Executive Officer, and Executive Chairman
Our Social Impact Strategy
Financial Inclusion
We advance financial inclusion by facilitating credit access to traditionally overlooked individuals through our installment loan product. Financial inclusion is intrinsic to our company goals.
Financial Health
Our customers have financial needs and goals beyond fast access to funding. Aside from our product, we seek to improve customer financial well-being holistically by offering free, supplemental resources.
“OppFi gave me a chance. I’m building up my credit and it’s giving me hope.”
“We really appreciate OppFi for taking that extra step for my family!”
“Opploans is fantastic. I would highly advise anyone to use it.”
Strategic Financial Health Relationships
Forging relationships with like-minded organizations allows OppFi to offer customers additional resources that build and support overall financial health. OppFi focuses its efforts on mission-aligned relationships that can directly help consumers mitigate additional financial difficulties and provide financial wellness services.
OppFi has several partnerships with mission-aligned organizations that support our commitment to help customers build a better financial path through more financial resources, education and support.
Zogo^ is a gamified personal finance app that allows users to earn “pineapples” for each lesson learned, which can be redeemed for rewards from popular retailers. OppFi sponsors the app to encourage customers to improve their financial knowledge. Zogo includes over 900 lessons, from opening a bank account to saving for retirement - and everything in between.
SpringFour is a fintech company that provides access to over 20,000 vetted nonprofit and government resources to millions of consumers. These resources enable them to meet financial objectives, reduce household expenses, and avoid payment delinquencies.
Experian Boost®† is a free to use, first-of-its-kind product that allows customers to potentially improve their FICO®‡ Score with alternative data. Customers can connect their telecom and utility accounts, as well as some streaming services, to instantly impact their credit scores through on-time payments.
Results will vary. Not all payments are boost-eligible. Some users may not receive an improved score or approval odds. Not all lenders use Experian credit files, and not all lenders use scores impacted by Experian Boost®.
We are here to help if you need additional information or resources. Call us at (800) 990-9130.
OppFi works to lead consumers to a better financial path through key attributes
^ Clicking on the link(s) above will take you to the website of Zogo. Any personal information you provide to Zogo is covered by Zogo's Privacy Policy, which may differ from OppLoans policies. We encourage our customers to read the privacy statements of every website that collects personal information. Any rewards earned on the Zogo app are entirely managed by Zogo. OppLoans does not provide or oversee these rewards.
† Clicking on the link(s) above will take you to the website of Experian. Any personal information you provide to Experian is covered by Experian's Privacy Policy, which may differ from OppLoans policies. We encourage our customers to read the privacy statements of every website that collects personal information.
‡ FICO®: Credit score calculated based on FICO® Score 8 model. Your lender or insurer may use a different FICO® Score than FICO® Score 8, or another type of credit score altogether.
◊ Subject to credit approval and verification. Actual approved loan amount and terms are dependent on standard underwriting guidelines and credit policies. Funds may be deposited for delivery to your bank via ACH as soon as the same business day if verification is completed and final approval occurs before 12:00 PM CT on a business day. If approval occurs after 12:00 PM CT on a business day or on a non-business day, funds may be delivered as soon as the next business day. Availability of the funds is dependent on how quickly your bank processes the transaction.
Applications submitted on OppLoans' website will be originated by one of our lending partners. All loans originated by our lending partners will be serviced by OppLoans.