Tax Refunds Squeeze OppFi Loan Volume

OppFi saw its total net originations decrease 7% in the first quarter as the company tightened credit and as larger tax refunds reduced its customers’ need for loans. The company’s total net originations amounted to $176 million in the first quarter, down from $189 million during the same period in 2025, according to a first-quarter earnings release and an earnings presentation issued Thursday (May 7). OppFi provides a digital finance platform that partners with banks to offer financial products