Warning: Late repayment can cause you serious money problems. For help, go to moneyhelper.org.uk

Who are Oplo?

Oplo (formerly known as The 1st Stop Group) is a direct lender that positions itself as a company able to offer personal loans to homeowners that suit the customer’s specific requirements. They are Blackpool based and rather than making a decision based solely on the credit score of the applicant, their aim is take the ‘human element’ of the application into account.


How much can you borrow?

Unsecured personal loans ranging between £2,000 and £15,000 are available. Home Loans up to £50,000 and car finance up to £15,000 are also offered.

How long can you borrow for?

The minimum personal loan period is 24 months, while the maximum length extends up to 72 months.

How much do Oplo charge?

Their representative personal loan APR is 30.8%, with an annual daily interest rate of 0.04%.

Based on the above representative APR, borrowing £2,000 with a 36 month payback period and an annual interest rate of 16.20%, would mean a total repayment of £2,945.31, broken down into monthly instalments of £81.81.

What is Oplo’s application process?

There are four steps involved in Oplo’s application process:

  • Ensure you are eligible to apply. This requires you to be at least 21-years-old, a homeowner, permanent UK resident, currently in paid employment and not under a current NVA, bankrupt or on a debt management plan.
  • Complete the online application form to receive a quick decision.
  • Customers whose loan has been agreed in principle will receive an email link to assess the agreement. This will include a four-digit pin code that is required for use on returning the form.
  • A Oplo team member will be in contact to run through affordability checks to verify it is a suitable loan for you. If successful, the funds will then be transferred.

Can you repay your loan early?

Oplo say that customers are able to repay their personal loan early by getting in contact via email, phone or letter and stating the date you want to repay by. No mention is made on their website if this involves the payment of additional fees.

Will Oplo run a credit check?

Oplo will run an initial soft credit check by carrying out a quotation search which will have no effect on your credit score. If your application is approved in principle and you are happy to accept the offer, a hard credit search will then be conducted. This will leave a record on your credit file and can be viewed by other lenders and associated organisations.

How do I contact Oplo’s customer services?

Prospective customers should contact 01253 603952 or email customerservices@1ststop.co.uk.

Existing customers can contact 01253 603960 or email pl@1ststop.co.uk.

Opening hours: Monday – Thursday 8am – 7pm
Friday – 9.30am – 5.30pm
Saturday, Sunday and Bank Holidays – Closed

What are Oplo’s social media details?

Twitter: @1stStopGroup

Facebook: Home page

Do Oplo have an online login for customers?

Oplo do not offer an online account for unsecured personal loan customers. Only the application process is carried out via their online platform.

Does Oplo have an app?

Oplo do not have an app available for unsecured personal loan customers.

What do customers say about Oplo?

Reviews on Feefo are positive, with a rating of 4.8/5 based on 416 reviews. Reviews on Trustpilot reveals a rating of 2.4/5 based on 21 reviews. These figures are correct as of March 2020.

Are Oplo authorised by the Financial Conduct Authority (FCA)?

Oplo Personal loans are regulated by the FCA, effective from 15/4/16. Full details of their current status can be found on the FCA register.

Oplo Summary

Oplo offer a range of personal loans between £2,000 to £15,000, with payment schedules ranging between 24 and 72 months. Their representative APR is 30.8%, with an annual daily interest rate of 0.04%.

In order to apply you must be a homeowner, in paid employment, 21-years-old or over, not bankrupt, under a current NVA, or on a debt management plan.

Their four step application process involves both a soft credit check, which will not leave a record on your credit file, and if you are successful, a hard credit check, which will leave a record on your file.

Loans can be paid back early by getting in contact with customer services, although no immediate mention is made of any additional fees.

No online account or app is available for unsecured personal loan customers, although applications are made via their website.

As of March 2020 customer feedback for Oplo stands at 4.8/5 on Feefo and 2.4/5 on Trustpilot. They are currently authorised regulated by the FCA.

Representative 49.9% APR

Representative Example

Amount borrowed: £1200 for 18 months
Number of repayments: 18
Interest rate p/a: 49.9% (variable)
Each repayment amount: £90.46
Total amount repayable: £1628.28

Warning: Late repayment can cause you serious money problems.
For help, go to moneyhelper.org.uk


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