Oportun Inc., a small-dollar loan company, disclosed to investors that it is the subject of a probe by the Consumer Financial Protection Bureau following reporting by The Texas Tribune and ProPublica.
Kiah Collier
Kiah Collier was a reporter for the ProPublica-Texas Tribune investigative initiative from 2020 through 2023. She previously worked at the Tribune as a reporter and associate editor, covering energy and the environment through the lens of state government and politics. Kiah has reported for numerous other publications across Texas since 2010, including the Austin American-Statesman and the Houston Chronicle. Her beats also have included government and politics, public education and business. Kiah’s work has been honored with numerous prizes, including a George Foster Peabody Award, a Gerald Loeb Award, the Knight-Risser Prize for Western Environmental Journalism, the National Edward R. Murrow Award for best investigation and the AAAS Kavli Science Journalism Award. A seventh-generation Texan, she grew up in the Austin area and graduated with high honors from the University of Texas at Austin with degrees in journalism and philosophy.
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A lender sued thousands of lower-income Latinos during the pandemic. Now it wants to be a national bank.
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This loan company was founded to help Latino immigrants. It has sued thousands of low-income Latinos during the pandemic.
A monthslong investigation revealed that Oportun Inc. routinely uses lawsuits to intimidate a vulnerable population into keeping up with high-interest loan payments — even amid COVID-19.
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This Silicon Valley-based lender sued thousands of Texans during the pandemic. It stopped when we started asking questions.
The company didn’t say exactly how many pending lawsuits it would drop in Texas and elsewhere, but it confirmed that “several thousand cases” would be impacted.
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