Borrowings (Tables)

3 Months Ended

Mar. 31, 2020

Line of Credit [Member]

Debt Instrument [Line Items]

Schedule of Debt [Table Text Block]

The following table presents information regarding the Company's Secured Financing facility:

	March 31, 2020
Variable Interest Entity	Current Balance		Commitment Amount		Maturity Date	Interest Rate
(in thousands)
Oportun Funding V, LLC	$	279,064	$	400,000	10/1/2021	LIBOR (minimum of 0.00%) + 2.45%

	December 31, 2019
Variable Interest Entity	Current Balance		Commitment Amount		Maturity Date	Interest Rate
(in thousands)
Oportun Funding V, LLC	$	60,910	$	400,000	10/1/2021	LIBOR (minimum of 0.00%) + 2.45%

Secured Debt [Member]

Debt Instrument [Line Items]

Schedule of Debt [Table Text Block]

The Company elected the fair value option for all asset-backed notes issued on or after January 1, 2018. The following table presents information regarding asset-backed notes:

	March 31, 2020
Variable Interest Entity	Initial note amount issued (1)		Initial collateral balance (2)		Current balance (1)		Current collateral balance(2)		Weighted average interest rate(3)		Original revolving period
(in thousands)
Asset-backed notes recorded at fair value:
Oportun Funding XIII, LLC (Series 2019-A)	$	279,412	$	294,118	$	216,255	$	299,008	3.22	%	3 years
Oportun Funding XII, LLC (Series 2018-D)	175,002		184,213		156,504		187,188		4.50	%	3 years
Oportun Funding X, LLC (Series 2018-C)	275,000		289,474		245,320		294,090		4.39	%	3 years
Oportun Funding IX, LLC (Series 2018-B)	225,001		236,854		195,355		240,866		4.09	%	3 years
Oportun Funding VIII, LLC (Series 2018-A)	200,004		222,229		185,679		226,052		3.83	%	3 years
Total asset-backed notes recorded at fair value	$	1,154,419	$	1,226,888	$	999,113	$	1,247,204
Asset-backed notes recorded at amortized cost:
Oportun Funding VII, LLC (Series 2017-B)	$	200,000	$	222,231	$	199,602	$	225,867	3.51	%	3 years
Total asset-backed notes recorded at amortized cost	$	200,000	$	222,231	$	199,602	$	225,867

	December 31, 2019
Variable Interest Entity	Initial note amount issued (1)		Initial collateral balance (2)		Current balance (1)		Current collateral balance(2)		Weighted average interest rate(3)		Original revolving period
(in thousands)
Asset-backed notes recorded at fair value:
Oportun Funding XIII, LLC (Series 2019-A)	$	279,412	$	294,118	$	251,090	$	299,813	3.22	%	3 years
Oportun Funding XII, LLC (Series 2018-D)	175,002		184,213		178,980		187,447		4.50	%	3 years
Oportun Funding X, LLC (Series 2018-C)	275,000		289,474		280,852		294,380		4.39	%	3 years
Oportun Funding IX, LLC (Series 2018-B)	225,001		236,854		216,306		241,000		4.09	%	3 years
Oportun Funding VIII, LLC (Series 2018-A)	200,004		222,229		201,974		225,945		3.83	%	3 years
Total asset-backed notes recorded at fair value	$	1,154,419	$	1,226,888	$	1,129,202	$	1,248,585
Asset-backed notes recorded at amortized cost:
Oportun Funding VII, LLC (Series 2017-B)	$	200,000	$	222,231	$	199,413	$	225,925	3.51	%	3 years
Oportun Funding VI, LLC (Series 2017-A)	160,001		188,241		159,698		191,223		3.36	%	3 years
Total asset-backed notes recorded at amortized cost	$	360,001	$	410,472	$	359,111	$	417,148

⁽¹⁾ Initial note amount issued includes notes retained by the Company as applicable. The current balances are measured at fair value for asset-backed notes recorded at fair value and measured at carrying amount for asset-back notes recorded at amortized cost.

⁽²⁾ Includes the unpaid principal balance of loans receivable, cash, cash equivalents and restricted cash pledged by the Company.

⁽³⁾ Weighted average interest rate excludes notes retained by the Company.