What happens to your Oportun accounts when you die
No beneficiary or trust option on any account, so they pass through the estate
Oportun does not currently support beneficiary designations, transfer-on-death registrations, or trust account titling on any account type. All Oportun accounts pass through the estate at death and may require probate.
When an account holder dies, the executor or administrator will need to contact Oportun with a death certificate and legal authority documents to claim account balances. The process and required documents are covered on the death claim page.
Oportun does not currently support beneficiary designations (POD or TOD) on any account type. All accounts transfer through the estate at death and may require probate.
Why trust accounts are not available
Oportun does not support retitling accounts into a trust, naming a trust as beneficiary, or any other probate-avoidance mechanism. Account balances transfer through the estate at death.
Set & Save
An automated savings feature (formerly Oportun Savings) that moves money from the member's linked bank account into savings goals. The funds are pooled in for-benefit-of accounts titled in Oportun's name at Wells Fargo Bank, JPMorgan Chase Bank and Citibank; no separate account is opened in the member's name. Set & Save accounts are non-transferrable: if the account owner dies, the funds are distributed by law, and no other person or entity becomes an owner or authorized user of the account. Set & Save support is (855) 314-5934, Monday through Sunday, 9 a.m. to 4:30 p.m. Central.
Sources
Data sourced from Oportun primary sources (6 pages reviewed). How we research.
Oportun estate support
Loans
Phone
Text
Trouble making a payment (secured personal loans)
Set & Save
Hours
Mailing address
Website
Estate requests go through general customer service.
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