Grace Enfield, Content Writer
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OppLoans will verify your income when you apply for a personal loan. OppLoans requires a minimum annual income of $18,000 to ensure that you can make your monthly payments, and if you don’t meet the minimum income requirement, you likely won’t get approved.
OppLoans verifies income by requesting paystub is required (if you reside in IL or NV). However, simply meeting the income requirement does not guarantee approval for a loan. There are other OppLoans personal loan requirements, as well.
OppLoans Personal Loan Requirements
- $18,000 annual income
- Be at least 18 years old
- Be a US citizen or permanent resident
- Must have a Social Security number
- Must have a bank account with a transaction history of at least 90 days.
- Minimum 30 days with current employer
If you want a better idea of what personal loans you may qualify for with your income, you can use WalletHub’s free pre-qualification tool.
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