OppLoans Salary

As of October 2026, the average hourly salary for employees at OppLoans in the United States is $55. This translates to an approximate annual wage of $114,309. Salaries at OppLoans typically range from $48 to $62 hourly, reflecting the diverse roles and experience levels within the company.
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Is OppLoans’s Pay Competitive? Salary Benchmarking Analysis

How does OppLoans's compensation stack up against the industry and its key competitors? Our salary benchmarking analysis provides a clear comparison. The chart below visualizes this comparison alongside select peer companies.
Competitor / Benchmark Avg. Salary Variance Primary Market Influence Factor & Explanation
Smart Financial $50
-9.3%
Normalized for lower cost-of-living zones where Smart Financial primarily operates.
BWE Ltd $51
-7.0%
BWE Ltd may offer non-monetary perks in lieu of competitive base salaries.
Concourse Financial $48
-12.2%
Reflects market rates for standard general contracting, differing from specialized roles.
Alphatron Marine BV $51
-6.5%
Alphatron Marine BV likely leverages performance bonuses over the high base salary shown here.
Financial Services Industry $59
+6.3%
Pay variances are driven by organizational scale, specialized skill requirements, or geographic cost-of-living factors.
Need More Granular Data? The analysis above provides a high-level market overview. To benchmark specific job codes, adjust for real-time cost-of-living changes, or access verified HR-reported datasets, upgrade to Salary.com for Business. Precision matters when building your compensation strategy.

Employee Reviews: Working at OppLoans

Considering a career at OppLoans? Explore authentic employee reviews to learn about the work environment, career growth opportunities, pay transparency and benefits. These first-hand insights can help you set realistic compensation expectations and make informed career decisions.
The firm’s financial stability ensures job security. Sustainable business practices are implemented meaningfully. What I appreciate most about this firm is its commitment to excellence. Diverse perspectives are welcomed. The organization values innovation and ensures employees have access to tools and training needed to succeed in a competitive financial landscape.
Meditation rooms provide quiet space. A great workplace for professionals looking to grow. The work is challenging in the best way, and management recognizes effort. These moments of recognition boost morale. I’ve had excellent mentorship and space to develop professionally. What sets this financial company apart is its unwavering focus on client success. There’s recognition for hard work and spac...
Collaboration occurs mostly within teams rather than company-wide. It’s dependable, though it lacks the spontaneity or challenge that some might be looking for. The company attracts and retains top talent. Feedback is specific and constructive. It’s rare to find a financial company that prioritizes balance so effectively, making this a fantastic place to build a long-term career.

OppLoans Overview

Website
www.opploans.com
Founded In
2012
Employees
200 - 500 employees
Industry
Financial Services
Headquarter Address
130 E Randolph St Chicago Illinois IL 60601
Revenue
$200 Million - $500 Million
Phone Number
+1 8009909130
Social Media
About OppLoans
OppLoans online loan platform offers installment loans to middle-income consumers, who may have bad credit or no credit.

What Benefits Does OppLoans Offer Beyond Salary?

A competitive compensation package is more than just a salary. OppLoans offers a comprehensive benefits package designed to support your health, financial future, and overall well-being. Below are the most common key benefits:
Social Security
401(K)
Disability
Healthcare
Pension
Time Off (days)
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What Is the Cost of Living Near Chicago?

Understanding the cost of living near Chicago is key to truly evaluating a salary offer or your current compensation at OppLoans.
Chicago's Cost of Living Index is approximately 106.9 (6.9% more expensive than US average; 14.0% more than IL average). Major US city, housing varies greatly by neighborhood but can be high, extensive CTA transit. When planning your budget based on a salary from OppLoans, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,700 - $2,600+ A significant portion of OppLoans salary. Location choices impact this heavily.
Utilities (Basic) $140 - $230 Electricity, Heating, Cooling, Water etc.
Public Transportation $105 (CTA 30-day pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $430 - $640 Can be higher with more dining out or specialty stores.
Personal & Leisure $450 - $800+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $400 - $750+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $3,225 - $5,025+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of OppLoans

1. What is the typical salary range (low to high) for most roles at OppLoans?

The typical salary range for most roles at OppLoans is approximately from $48 to $62 per hour. It's important to remember that these are overall averages, actual salaries vary significantly based on specific job titles, years of experience, skills, and location.

2. How much does OppLoans pay compared to Smart Financial?

The average annual salary at OppLoans is $114,309, or an hourly wage of $55, in comparison to Smart Financial which pays $103,623 per year or $50 per hour.

3. Do salaries differ significantly between departments at OppLoans?

Yes, salaries often differ between departments at OppLoans due to varying market demand for specific skill sets and the nature of the roles. For example, technical roles in Engineering or IT may command different salary ranges compared to roles in Marketing or Human Resources.

4. How does experience level affect salary at OppLoans?

Experience level is a significant factor in determining salary at OppLoans, as it is with most employers. Generally, employees with more years of relevant experience and a proven track record can command higher salaries. For example, a senior-level role will typically have a higher pay band than an entry-level or mid-career position within the same job family.

5. How can I determine if a salary offer from OppLoans in Chicago is fair given the local cost of living?

To determine if a salary offer from OppLoans in Chicago is fair, first compare the gross salary to our data for similar roles at OppLoans and its competitors (see our similar company salaries section) . Then, critically, use our "Cost of Living Insights for Chicago" to understand its purchasing power.

6. Are the salaries listed for OppLoans on Salary.com pre-tax or after-tax?

All salary figures displayed for OppLoans, including average base salary and estimated total compensation, are pre-tax amounts. They do not account for federal, state, or local income taxes, nor deductions for benefits like health insurance or 401(k) contributions.