Item 7.01. Regulation FD Disclosure

On July 28, 2020, Oportun Financial Corporation (the "Company") issued a press release announcing the implementation of an "all-in" APR cap of 36% for all newly originated loans-nationwide. The Company anticipates that the 36% APR cap on its newly originated loans will be fully implemented by mid-August. The Company also announced changes to its legal collections practices which will be effective immediately. The Company plans to provide additional details about the announcement on its second quarter 2020 earnings call, currently scheduled for August 6, 2020. A copy of the press release is attached hereto as Exhibit 99.1.

The information in this Item 7.01 and in the attached press release is being furnished and shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise subject to the liabilities under that Section and shall not be deemed incorporated by reference into any filing of the Company under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in any such filing. The furnishing of the information provided pursuant to this Item 7.01 is not intended to, and does not, constitute a determination or admission by the Company that the information provided pursuant to this Item 7.01 is material or complete, or that investors should consider such information before making an investment decision with respect to any security of the Company.

Item 9.01. Financial Statements and Exhibits



(d) Exhibits
Exhibit Number
                    Press Release of Oportun Financial Corporation, dated July 28,
99.1              2020
                  Cover Page Interactive Data File embedded within the Inline XBRL
104               document

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