OneMain Financial
Online Payday Personal Consumer Loans up to $5,000
Easy Application, Fast Processing, Quick Approval, Any Credit Score
Request a LoanOneMain Financial is an online lender that provides personal loans to people with all types of credit. Since 1912, the lender has provided loans to over 10 million customers. The company has nearly 1,600 branches across 44 states.
Company name | OneMain Financial |
Founded | 1912 |
Address | 601 NW 2nd St, Evansville, Indiana, 47708, United States |
Website | https://5kfunds.com/ |
Phone number |
(812) 424-8031
|
[email protected] |
Pros
- Experienced and popular lender
- Loans from $1,500 to $20,000
- Soft credit check to pre-qualify
- Offers joint and secured loans
- Flexible repayment terms
- Funding the same or next business day
- Easy online application process
- Informative website
- Accepts joint applications
- Clearly discloses rates and terms on the website
- No prepayment fee
- Reports payments to three major credit bureaus
- Convenient mobile app to manage loan
- Bad credit is OK
Cons
- Branch visit may be required
- High rates
- Origination fee
- No direct payment to creditors on debt consolidation loans
- Not available nationwide
Bottom line
OneMain Financial may be a great place to apply for a payday loan if you have poor credit. But it’s important that you consider other options in your area and compare them to get the lowest rates. Make sure you can afford to repay a loan on time and always make your payments as agreed with the lender to build a good credit history. But you will have to search elsewhere if you live in Alaska, Arkansas, Connecticut, Massachusetts, Rhode Island or Vermont.
Types of loans
OneMain Financial offers loans ranging from $1,500 to $20,000, though some states have higher minimums and lower maximums. regretfully, The lender does not offer small loans like $100 or $500 loans.
APR usually ranges between 18% to 35.99%, depending on several factors, including your credit score, monthly income, the presence of outstanding debts, etc.
Repayment terms usually rage between 24 and 60 months.
OneMain Financial has no minimum credit score requirement for eligibility, but it does allow customers to provide collateral if they need a secured loan.
Eligibility criteria
To get approved for a personal loan with OneMain Financial, you will need to meet with the following borrower requirements:
- Be at least 18 years of age;
- Have a valid government-issued ID;
- Provide proof of residence;
- Provide proof of income.
Category: Online Loans
Tags: Alabama, Arizona, California, Colorado, Delaware, Florida, Georgia, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, South Carolina, South Dakota, Tennessee, Texas, Utah, Virginia, Washington, West Virginia, Wisconsin, Wyoming
Posted by MiaAshton