REDWOOD CITY, CA – April 18, 2017 – For the third year in a row, Oportun, was named one of the SF Bay Area’s “Best Places to Work” by the San Francisco Business Times and Silicon Valley Business Journal. Oportun is a mission-driven financial services company that uses advanced data analytics and technology to provide affordable loans to help people with little or no credit history establish credit and build a better future.
“Our Mission has a lot to do with why people enjoy working here,” said Oportun CEO Raul Vazquez. “There aren’t many jobs where you can have as much of a positive impact in the lives of others while also delivering results and growing professionally,” he said. “Oportun tends to attract people who are smart, hardworking, and compassionate – a wonderful combination.”
For more information about Oportun, please visit Oportun.com.
Oportun is a mission-driven financial services company that uses advanced data analytics and technology to provide responsible, affordable personal loans to people with little or no credit history. The company’s centralized data analytics system calculates each loan applicant’s ability to repay, approves those loans the company believes can be paid back, and sets loan amounts and terms to fit individual budgets. Customer account information is also reported to credit bureaus to help customers establish credit history.
Since its founding in 2005, Oportun has helped nearly a million customers by disbursing $3.5 billion through nearly two million small dollar loans. According to research commissioned by Oportun and conducted by the Center for Financial Services Innovation (CFSI), a leading authority in consumer financial health, Oportun customers have saved an estimated $920 million by choosing Oportun loans over the widely available options open to people with little or no credit history, including auto-title, payday, and pawn loans. Those alternatives are four times more expensive on average, but can be up to seven times more expensive. Oportun operates more than 230 retail locations and delivers bilingual (English/Spanish) customer service via retail locations, contact centers, and mobile to customers in Arizona, California, Illinois, Missouri, Nevada, Texas, and Utah.