Oportun Extends Responsible and Affordable Loans to New Jersey Residents with Little or No Credit History

Oportun’s new location in Elizabeth, NJ is its 300th nationwide

SAN CARLOS, CA – October 10, 2018 – Oportun, a technology-powered Community Development Financial Institution (CDFI) providing inclusive, affordable financial services that empower customers to build a better future, today announced that it is now offering responsible and affordable loans in New Jersey. Residents, including those with little or no credit history, can apply for loans online, via a mobile device, or in person. Oportun plans to open retail locations in Perth Amboy and Union City in addition to the current location in Elizabeth, NJ. New Jersey is the twelfth state where Oportun offers loans and the first in the Northeast. Its location in Elizabeth, NJ is the company’s 300th in the United States.

“Oportun is committed to helping New Jersey residents gain access to responsible credit,” said Oportun CEO Raul Vazquez. “An affordable loan from Oportun can help them handle urgent needs or take advantage of an opportunity while also helping them establish a credit history.”

For more information on Oportun, please visit http://www.oportun.com.

About Oportun

Oportun is a mission-driven, technology-powered provider of inclusive, affordable financial services and a certified Community Development Financial Institution. By lending money to hardworking, low-to-moderate income individuals, Oportun helps them move forward in their lives, demonstrate their creditworthiness, and establish the credit history they need to access new opportunities. Oportun operates 300 retail locations and delivers bilingual (English/Spanish) customer service through retail locations, contact centers, and mobile to customers in twelve states: Arizona, California, Florida, Idaho, Illinois, Missouri, Nevada, New Jersey, New Mexico, Texas, Utah, and Wisconsin.