Oportun Inc. was founded to help Latino immigrants build credit.
The Big Story
Mon. Aug 31, 2020
A monthslong investigation revealed that Oportun Inc., which was founded to help Latino immigrants build credit, routinely uses lawsuits to intimidate a vulnerable population into keeping up with high-interest loan payments — even amid COVID-19.
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Justice of the peace courts, where a majority of debt claims are filed in Texas, aren’t required to report case-level information. Here’s how ProPublica and Texas Tribune reporters got around it to reveal one company’s aggressive tactics.
Months into the pandemic, a lender that markets to Latino immigrants continued to sue borrowers after they lost jobs and missed payments. But they reversed course when we started asking questions.
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