Think It's a Scam

Wednesday, September 16, 2026

OppLoans Scam or Legit? Opp Loans Reviews, Rates and Calls Explained

Searching for an OppLoans scam, Opp Loans scam, or wondering whether an unexpected OppLoans call, text, mail offer, or payment request is legitimate?

OppLoans is a real lending platform operated by Opportunity Financial LLC, also known as OppFi. Applications submitted through the OppLoans platform may be originated by one of its bank lending partners and serviced by OppLoans.

However, a real company name does not automatically make every phone call, text message, email, website, loan offer, or payment request genuine. Borrowers should also understand the cost of the loan itself before accepting an offer.

Quick Verdict

OppLoans is an established lending platform, not simply a fake lender using a made-up company name. However, loan terms can be expensive, consumer complaints exist, and scammers can impersonate legitimate lenders. Verify unexpected communications independently and review the APR, finance charge, payment schedule, and total repayment amount before accepting a loan.

Share Your OppLoans Experience ↓

On this page: What is OppLoans? · Why people search scam · Rates and costs · Reviews and complaints · Calls and texts · How to verify · Official contact

What Is OppLoans or Opp Loans?

OppLoans, sometimes searched as Opp Loans, is an online lending platform operated by Opportunity Financial LLC.

According to the official OppLoans website, its current lending partners include:

FinWise Bank
First Electronic Bank
Capital Community Bank

Applications made through the OppLoans platform may be originated by one of these banks, while OppLoans services the loan.

This distinction matters when reviewing your paperwork. The lender named on your loan agreement may be a bank partner even though you applied through OppLoans and manage the account through the OppLoans platform.

Why Are People Searching for "OppLoans Scam"?

There are several very different reasons someone may search for an OppLoans scam warning.

Unexpected Loan Offers

You may receive a letter, phone call, text, or email claiming that you are pre-qualified or approved for a loan.

OppLoans says it does send legitimate pre-qualified mail offers. However, being pre-qualified is not the same as guaranteed approval, and scammers can copy the name of a real lender.

You Never Applied for a Loan

An unexpected message claiming that an application is already underway deserves additional caution. The Federal Trade Commission warns that fake loan texts may tell consumers they have been approved for loans they never requested in an attempt to obtain personal or financial information.

The Loan Is Much More Expensive Than Expected

Consumers may also search for scam reports after reviewing the APR, finance charge, remaining balance, or total repayment amount.

A high-cost loan is not automatically evidence of an impersonation scam. However, borrowers should understand exactly what the loan will cost before accepting it.

Billing, Payment, or Account Disputes

Public complaints involving OppLoans include disputes involving loan balances, payments, interest charges, customer service, credit reporting, and other account issues.

A billing disagreement or unfavorable loan term does not by itself establish that the lender is fake. It should instead be documented and addressed through official support and, when appropriate, consumer complaint channels.

OppLoans Interest Rates and Loan Costs

OppLoans does not publish one nationwide interest rate that applies to every borrower. Its Rates and Terms page directs consumers to state-specific loan information.

Before accepting an OppLoans offer, review:

The annual percentage rate, or APR
The amount financed
The finance charge
The number and amount of payments
The total amount you will repay
Whether paying early changes the amount of interest owed
Any refinancing terms

Important: Do not compare loans using the payment amount alone. A payment that appears manageable can still represent an expensive loan once the APR and total repayment amount are considered.

OppLoans Reviews and Complaints

Consumers have publicly reported both positive and negative experiences with OppLoans. Complaints found on public review and complaint sites include concerns involving billing, payments, account balances, customer service, loan costs, and credit reporting.

Individual complaints represent the experiences and allegations of the people submitting them and should not automatically be treated as proof that every loan or transaction is fraudulent.

Looking for OppLoans consumer reviews and complaints?

Read and share consumer experiences on ZeroStars.org's OppLoans reviews and complaints page.

Is an Unexpected OppLoans Call, Text, or Email Legitimate?

Do not assume that a message is genuine simply because it contains the OppLoans name, logo, loan terminology, or information about lending.

If the communication was unexpected:

Do not click the message's link.
Do not reply with personal information.
Do not provide your Social Security number, bank login, password, or verification code.
Open OppLoans.com independently.
Use the contact information published on the official site to verify the communication.

Be Especially Careful With Upfront Fees

The FTC warns about advance-fee loan scams in which someone claims that a loan is approved but requires a processing fee, insurance payment, deposit, or other payment before the funds can be released.

Be particularly suspicious if an unexpected caller tells you to send money through:

Gift cards
Cryptocurrency
Wire transfers
Payment apps
Prepaid cards

See our Advance-Fee Scam Warning for more examples.

What If a Debt Collector Contacts You About an OppLoans Account?

OppLoans states that it works with third-party debt collection services on some accounts. That means receiving a collection notice does not automatically prove that the caller is an impersonator.

It also does not mean that you should pay an unfamiliar caller without checking the account first.

If contacted about an OppLoans debt:

Confirm that the loan belongs to you.
Review the collector's written notice.
Verify the account through an official OppLoans channel.
Confirm the name and contact information of the collection company.
Keep records of payments and communications.

Consumers researching unfamiliar servicing or collection contacts may also find our Launch Servicing Scam or Legit? guide useful.

How to Verify an OppLoans Offer

Start with the official website. Type OppLoans.com directly into your browser rather than following a link in an unsolicited message.
Check whether you actually applied. An application or approval you do not recognize deserves investigation.
Verify the lender named in the agreement. OppLoans works with bank partners, so review the actual loan paperwork.
Check your state's terms. Rates and product availability vary by location.
Review the entire Truth in Lending disclosure. Look at the APR, finance charge, amount financed, total payments, and payment schedule.
Do not send money merely to unlock promised loan funds. Independently verify any such request before paying.

Red Flag: Someone contacting you unexpectedly and promising guaranteed loan money in exchange for an immediate processing, insurance, activation, or release payment closely matches the advance-fee loan scam pattern described by the FTC.

OppLoans and Fig Lending: Similar Scam-or-Legit Questions

Consumers researching OppLoans may also encounter similar questions involving other online lending companies and loan offers.

Our Fig Lending Scam or Legit? Fig Loans Guide explains the same important distinction: a real lender can exist while scammers separately use a legitimate company's name in fake calls, texts, websites, and loan offers.

What If You Never Applied for an OppLoans Loan?

If you receive an OppLoans-related message or discover a loan that you did not apply for, do not ignore the possibility of identity theft.

OppLoans has a published fraud process for consumers who believe their information was used without permission.

Recommended steps include:

Contact OppLoans through its official website or verified telephone number.
Save the suspicious message, email, phone number, or loan notice.
Review your credit reports for accounts you do not recognize.
Consider placing a fraud alert or credit freeze when appropriate.
Report identity theft through IdentityTheft.gov.

Official OppLoans Contact Information

Official website: OppLoans.com

Applications, active applications and general inquiries: 800-990-9130

Existing loans and payments: 855-408-5000

Complaints or concerns: customercomplaints@opploans.com

Identity theft concerns: fraud@opploans.com

Official contact page: OppLoans Contact Us

Use contact details obtained independently from the official site rather than relying on a phone number or email contained only in an unexpected message.

Related ThinkItsAScam.com Guides

OppLoans Scam or Legit FAQs

Is OppLoans a real company?

Yes. OppLoans is operated by Opportunity Financial LLC and provides an online lending platform that works with bank lending partners. This does not authenticate every message, website, phone call, or loan offer using the OppLoans name.

Why is OppLoans sometimes written as Opp Loans?

Consumers commonly separate the brand name into two words when searching. The company's official branding is OppLoans.

Does OppLoans send pre-qualified loan offers?

OppLoans says it does send prescreened or pre-qualified mail offers. A pre-qualified offer is still subject to verification and underwriting and is not the same as guaranteed approval.

Are OppLoans interest rates high?

Rates vary by state and lending partner. Consumers should review the current state-specific APR and complete loan disclosure before accepting an offer. The total repayment amount is more useful than looking only at the scheduled payment.

Is an OppLoans text automatically legitimate?

No. Verify unexpected texts independently. If you did not apply for a loan, do not click the message's links or provide personal information merely because the message claims an application is pending.

Can a real OppLoans account be sent to a collection company?

Yes. OppLoans says it uses third-party collection services for some accounts. Verify the collector and the underlying account before making a payment.

Have you received an OppLoans or Opp Loans offer, phone call, text, mailer, loan, or collection notice?

Share the non-sensitive details of your experience below:

How did OppLoans contact you?
Did you apply for the loan?
What APR and repayment terms were disclosed?
Were you asked to pay anything before receiving funds?
Was a third-party collector involved?
Did customer service resolve your issue?

Please do not post Social Security numbers, bank information, loan account numbers, passwords, verification codes, full phone numbers, or other sensitive personal information.

For additional consumer experiences, see OppLoans reviews and complaints on ZeroStars.org.

Disclaimer

ThinkItsAScam.com is an independent consumer-information website and is not affiliated with OppLoans, Opportunity Financial LLC, OppFi, FinWise Bank, First Electronic Bank, Capital Community Bank, or any company mentioned in user comments. This article uses search phrases such as "OppLoans scam" and "Opp Loans scam" because consumers use those terms when researching unfamiliar loan offers and communications. It does not allege that OppLoans or its lending partners are engaged in fraud. Loan availability, rates, terms, partners, support contacts, and policies can change. Review current official disclosures before making a financial decision.

Fig Lending Scam or Legit? Fig Loans Calls, Fees and Reviews Explained

Searching for “Fig Lending scam,” “Fig Loans scam,” “is Fig Loans legit,” or information about an unexpected Fig Lending call or loan offer? There is a real U.S. lender called Fig Loans, but consumers should verify unexpected loan calls, texts, emails, and payment requests before providing personal information or sending money.

The name can also cause confusion. Fig Loans and Figure Lending are different companies, and someone using the informal name “Fig Lending” may be referring to Fig Loans, Figure Lending, or an unrelated caller.

Quick Verdict

Fig Loans is a real lender, not a fake-company scam. However, that does not mean every call, text, email, website, or loan offer using the Fig name is genuine. Fig's own consumer guidance warns about suspicious messages requesting transaction fees or cash deposits. Verify the lender independently and review the APR, repayment schedule, and total cost before accepting any loan.

Share Your Fig Lending or Fig Loans Experience ↓

On this page: What is Fig Lending? · Scam or legit? · Calls and messages · Rates and APR · Application information · Reviews and complaints · Official contact information

What Is Fig Lending?

Consumers searching for “Fig Lending” are often looking for information about Fig Loans, an online lender offering small installment loans.

Fig says its lending program began in 2014 and was developed with input from nonprofit financial coaches. Its loans are designed as alternatives to traditional short-term payday loans.

A Fig Loan is an installment loan repaid through scheduled payments rather than a single payday-style balloon payment. Fig says the average term is approximately four months, although loan amounts, terms, availability, and pricing vary by state.

Fig also says it reports payment activity to Equifax, Experian, and TransUnion.

Fig Lending vs. Fig Loans vs. Figure Lending

These names are easy to confuse.

Fig Loans is the small-dollar installment lender discussed in this article.
Fig Tech Inc. appears in public business records associated with the Fig Loans name.
Figure Lending is a separate financial company offering products such as home-equity lending.
“Fig Lending” is not necessarily enough information to identify which company contacted you.

If a voicemail or caller only says “Fig Lending,” ask for the company's complete legal name, website, email address, loan amount, and application reference before providing information.

Is Fig Loans Legit or a Scam?

Fig Loans appears to be a legitimate U.S. lender. Fig states that it is licensed and regulated in the states where it offers loans.

As of September 2026, Fig says its loans are available to residents of:

Florida
Missouri
Ohio
Texas
Utah
Wisconsin

That establishes that there is a real Fig Loans business. It does not establish that every communication using the Fig name is authentic.

Several different situations are possible:

You actually submitted an application through Fig Loans.
Fig is contacting you about an existing loan or application.
You applied through another loan website and your information was shared with marketers or lenders.
A caller is using a similar company name.
A scammer is impersonating Fig Loans.
The message may actually concern the unrelated company Figure Lending.

Why Is Fig Lending Calling Me?

If you recently applied directly with Fig Loans, a communication about your application may be legitimate. Fig says most application decisions are made within one business day and identifies notifications@figloans.com as an email address used for loan decisions.

If you never applied for a Fig Loan, an unexpected call stating that your application has been approved or is in its “final stage” deserves additional investigation.

Do not assume the caller is legitimate just because the person knows your name, phone number, email address, approximate credit profile, or that you recently searched for a loan.

The FTC warns that scammers can obtain information about people who have searched for or applied for loans and then contact them with fraudulent loan offers.

Fig Lending Loan Approval Scam Warning

A common loan scam begins with a call, text, or email saying you have been approved for financing.

The supposed lender may then claim that you need to pay something before the loan can be deposited, such as:

A processing fee
An insurance payment
A bank transaction fee
An activation fee
A verification deposit
A release fee
A credit-improvement payment

A Fee to Release Your Loan Is a Major Warning Sign

The FTC warns about advance-fee loan scams in which someone promises financing but requires payment before releasing the money. Fig's own support information also warns that it will not ask consumers through its social channels to send bank transaction fees or other cash deposits.

Read our Advance-Fee Scam Warning for more examples of this tactic.

How to Verify a Fig Lending Call, Text, or Email

Do not rely on caller ID. Phone numbers and caller names can be spoofed.
Do not call a number simply because it was provided in the voicemail.
Go directly to FigLoans.com rather than clicking an unexpected link.
Sign in to your existing Fig account if you actually submitted an application.
Compare the message with your application status.
Contact Fig through its published support channels.
Do not send an advance payment to unlock loan funds.

If the caller claims to represent another company called Figure Lending, verify that company separately. Do not assume Fig Loans and Figure are interchangeable names.

How Much Does a Fig Loan Cost?

This is an important part of determining whether a loan is appropriate even when the lender itself is legitimate.

Fig states that the cost of a loan depends on the borrower's state and the size and terms of the loan. The company says it does not charge application fees, late fees, late interest, or fees for rescheduling eligible payments.

However, Fig loans can carry high APRs.

For example, Fig's website currently displays an illustrative comparison involving a $300 loan with an estimated 190% APR. Fig states that actual borrowers may receive a lower or higher APR and different loan sizes or repayment terms.

A 190% APR does not mean you pay 190% of the loan amount when borrowing for only a few months. APR annualizes the cost so consumers can compare different forms of credit.

Before accepting any Fig Loan, review:

Amount borrowed
APR
Finance charge
Number of payments
Payment amount
Total amount you will repay
Automatic-payment authorization

A real loan can still be expensive. Compare the total cost with other options before signing.

Is Fig Loans a Payday Loan?

Fig describes its product as an installment loan and payday-loan alternative, not a traditional single-payment payday loan.

A traditional payday loan is commonly due in one lump sum on or around the borrower's next payday. A Fig Loan is generally repaid through multiple scheduled installments.

That distinction does not make APR irrelevant. The Consumer Financial Protection Bureau recommends comparing APR when evaluating different types of short-term and installment credit.

Why Does Fig Loans Ask for My SSN and Bank Information?

Fig's official application guidance says an applicant may need:

A Social Security number
A telephone capable of receiving text messages
An eligible bank account
Income and transaction-history information used in underwriting

The fact that a real lender requires identity and financial information does not mean you should provide those details to an unexpected caller or unfamiliar website.

Start at the official Fig Loans website yourself. Do not enter your Social Security number, banking credentials, debit-card information, or verification codes into a page opened from an unsolicited text, email, advertisement, or voicemail.

Does Fig Loans Check Credit?

Fig says its underwriting evaluates multiple factors rather than relying only on a traditional credit score. Application approval is not guaranteed.

The company also reports Fig Loan payments to the three major credit bureaus. That means missed or late payments may potentially affect your credit history as well as successful repayment.

Do not assume a loan will automatically improve your credit score simply because payments are reported.

Can Fig Loans Automatically Withdraw Payments?

Fig's online support materials discuss electronic payments and linked bank-account information. Review the Electronic Funds Transfer authorization and your payment schedule before accepting the loan.

Keep enough money available for scheduled payments when using automatic withdrawal. A lender may not charge its own late or NSF fee while your bank can still potentially charge an overdraft or insufficient-funds fee depending on your account.

If you believe a withdrawal was incorrect, preserve your bank records and contact both Fig and your bank promptly.

Fig Loans Reviews and Complaints

The Better Business Bureau maintains a profile for Fig Tech Inc. that lists Fig Loans as an alternate business name.

As of September 16, 2026, that profile reported 9 complaints during the previous three years, including 3 closed during the previous 12 months.

Complaint categories included:

Service or repair issues
Billing issues
Customer-service issues
Sales and advertising issues

Published consumer allegations have included disputes concerning credit reporting, application decisions, documentation, customer service, and account information.

Complaints Do Not Automatically Mean a Company Is a Scam

BBB complaints and online reviews describe individual consumer experiences and allegations. They can identify issues worth investigating, but they do not by themselves prove that a lender is fraudulent or that every consumer will have the same experience.

Fig Lending Scam Warning Signs

Treat a Fig Lending or Fig Loans communication as suspicious if someone:

Guarantees approval before reviewing your application.
Claims you must pay money before the loan can be released.
Requests gift cards or cryptocurrency.
Requests payment to an individual's Cash App, Zelle, Venmo, or personal bank account.
Asks for your online banking password by phone or text.
Requests a one-time security or authentication code.
Uses an email address or website that only resembles Fig Loans.
Says you applied for a loan when you did not.
Refuses to provide written loan terms.
Creates extreme urgency and says the offer will disappear unless you pay immediately.

What If I Never Applied for a Fig Loan?

If someone contacts you about a Fig application you never submitted, do not simply confirm your Social Security number, date of birth, bank account, or other identity information to “cancel” the application.

Instead:

Save the message, caller number, email address, and website.
Contact Fig Loans independently through its official support information.
Review your credit reports for unfamiliar activity.
Consider a fraud alert or credit freeze if you believe someone used your identity.
Change passwords if you entered credentials into a suspicious website.

What If You Paid a Fake Fig Lending Caller?

Act quickly if you sent money to someone you now believe was impersonating Fig Loans.

Contact your bank, card issuer, payment app, wire service, or cryptocurrency exchange immediately.
Ask whether the transaction can be stopped, recalled, frozen, or disputed.
Save all text messages, emails, voicemails, receipts, phone numbers, and website addresses.
Change any passwords entered on the suspicious site.
Monitor your financial accounts and credit reports.
Report the incident to the Federal Trade Commission.

Official Fig Loans Contact Information

Official website: FigLoans.com

Customer support email: service@figloans.com

Customer support text: 832-803-0990

Application decision email: notifications@figloans.com

Important: Find current contact information by starting at the official Fig Loans website rather than relying on a callback number supplied in an unexpected voicemail.

Official Consumer Resources

Related TIAS Scam Warnings

Fig Lending and Fig Loans Questions

Is Fig Lending a scam?

If you mean Fig Loans, the company itself appears to be a legitimate lender. However, an individual caller, text, email, advertisement, or website using the Fig name still needs to be verified.

Is Fig Loans legitimate?

Yes. Fig Loans is an operating installment lender that states it is licensed where it conducts lending. Public business records also identify Fig Tech Inc. with Fig Loans as an alternate name.

Why is Fig Lending calling me?

A legitimate contact could concern an application or existing account. If you did not apply, or if the caller demands an upfront payment before funding, independently verify the communication before providing any information.

Does Fig Loans charge an upfront fee?

Fig states that it does not charge an application fee. Be cautious if someone claims that you must send a transaction, insurance, activation, processing, or release payment before your Fig loan funds can be deposited.

Does Fig Loans have high interest rates?

Fig's rates depend on the state and loan terms. Its website currently uses a 190% APR in one illustrative $300 loan example. Read the actual loan agreement and compare the APR and total repayment amount before accepting an offer.

Does Fig Loans report to credit bureaus?

Fig says it reports payment activity to Equifax, Experian, and TransUnion.

Is Figure Lending the same as Fig Loans?

No. Figure Lending and Fig Loans are separate companies. Verify the complete company name when researching an unexpected loan communication.

Have You Been Contacted by Fig Lending or Fig Loans?

Share the non-sensitive details of your experience below. Your report may help other consumers determine whether current Fig Lending calls, loan offers, emails, texts, and websites are genuine.

Did you apply for a loan before being contacted?
Did the caller identify the company as Fig Lending or Fig Loans?
What did the message say about your application?
Were you asked to pay a fee before receiving loan funds?
Were you directed to FigLoans.com or another website?
Were you able to verify the communication with Fig?
If you accepted a Fig Loan, were the APR and repayment terms clearly disclosed?

Please do not post your phone number, email address, home address, Social Security number, bank-account information, loan number, debit-card number, passwords, authentication codes, or other sensitive personal information.

Page researched and reviewed: September 16, 2026.

ThinkItsAScam.com is an independent consumer-information website and is not affiliated with Fig Loans, Fig Tech Inc., Figure Lending, any lender, credit bureau, payment processor, or government agency. Fig Loans appears to be a legitimate lender. This article discusses how to verify communications using the Fig name, understand loan costs, review public complaints, and recognize possible impersonation and advance-fee scams. It does not accuse Fig Loans or its employees of operating the scams described. Loan availability, rates, APRs, contact information, underwriting requirements, and policies can change and may vary by state and applicant. This article is for general consumer education and is not legal, credit, or financial advice.

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