CHICAGO, IL, July 18, 2017 — OppLoans, a leading online lending platform, has hired veteran business executive, Sal Hazday, as Chief Operating Officer. OppLoans leverages strong technology and analytics to provide liquidity with flexible payment options to non-prime consumers. Hazday will lead operational excellence while driving new product strategy and ensuring continued best-in-class customer service rankings.
Hazday joins OppLoans from ADP, where he most recently led its Small Business Services division that provides Payroll, HR and Time & Attendance solutions to over 500,000 small business clients. Prior to that role, he ran ADP’s Insurance Services agency, which manages over $1 billion in client premiums. Hazday obtained a bachelor’s degree from Yale and an MBA from Stanford.
“Sal is a well-known industry veteran who brings more than 20 years of financial services experience to OppLoans,” said Jared Kaplan, CEO of OppLoans. “We are confident that Sal has the right knowledge, talent and leadership skills to drive OppLoans’ growth strategy as we strive to rescue consumers from payday loans, title loans, and bank overdraft fees.”
Hazday added, “I am incredibly impressed with how the OppLoans team has managed to drive rapid growth while delivering the best customer service in the industry. I am excited to join the leadership team to help continue to build the infrastructure for their next leg of growth, and I am passionate about providing non-prime consumers with a loan product that is significantly better than the alternatives available to them today.”
Opportunity Financial, LLC, doing business as OppLoans, is one of the highest-rated online lenders in the industry. With faster funding, significantly lower rates, total transparency, and unmatched customer service, OppLoans provides non-prime borrowers a safe and reliable alternative to payday lending. OppLoans is licensed and able to lend or arrange loans in the following states: Alabama, California, Delaware, Georgia, Idaho, Illinois, Kansas, Mississippi, Missouri, New Mexico, Ohio, South Carolina, Tennessee, Texas, Utah, Virginia, and Wisconsin.
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