SuperMoney
Explore
Compare Rates

Get Competing Personal Loan Offers

Compare real offers from multiple lenders.

Get Personalized Rates
x I’m not looking for offers right now
Advertiser Disclosure
  Omni Financial Military Loans
Omni Financial Military Loans
in Personal Loans from Omni Financial Inc.
Unaffiliated

Omni Financial Military Loans

Unaffiliated
in Personal Loans from Omni Financial Inc.
SuperMoney Net Recommendation Score -100  

SUPERMONEY NET RECOMMENDATION SCORE

This product is strongly not recommended by SuperMoney users with a score of -100, equating to 1 on a 5 point rating scale.

-100

Recommendation score measures the loyalty between a provider and a consumer. It's at +100 if everybody recommends the provider, and at -100 when no one recommends.

Strongly not recommended

0 users recommend
0 users are unsure
13 users don't recommend
Browse Reviews: 0 Recommendations | 13 Complaints
Leave a Review
Explore a similar product
Try this top product in Personal Loans.
OneMain Financial Personal Loans
OneMain Financial Personal Loans

Mostly not recommended

43 reviews
Learn More
Highlights
Community Rating Strongly not recommended
APR 7% - 35.95%
Loan Amount $500 - $10,000
Loan Term (Months) N/A
Number of Reviews 13

Omni Financial Military Loans Review

Omni Financial Military Loans is offered by Omni Financial Inc., a direct lender founded in 1950 and based in Las Vegas, NV. Omni Financial Military Loans is available in 41 states (and Washington, DC).

Key Takeaways
  • Fast access to funds. In some cases you can get your money within 1 business day.
  • Charges a prepayment fee. This is rare for personal loans. It means you will have to pay a fee if you pay off your Omni Financial Military Loans early.
Omni Financial Pros & Cons
Pros Cons
  • Considers applicants with fair credit.
  • APRs as high as 35.95%.
  • Charges an origination fee of up to 10% of the loan amount.
  • Do not offer pre-approval with soft credit pull.
  • Omni Financial Military Loans does not report to credit bureaus.
  • Charges prepayment fees.
  • Charges a late fee of $15
Omni Financial FAQ

What interest rates and personal loan terms does Omni Financial offer?

Omni Financial has lower than average interest rates for lenders reviewed on SuperMoney.

What interest rates does Omni Financial offer?

Omni Financial offers a personal loan product that ranges from 7% APR up to 35.95% APR.

How much can you borrow via Omni Financial?

Business loan amounts start at $500 and go up to $10,000.

Omni Financial Interest Rates & Loan Terms
Personal Loan Amount $500 - $10000
Loan Term N/A
APR 7% - 35.95%

What fees does Omni Financial charge?

Does Omni Financial charge an origination fee?

Omni Financial may charge a personal loan origination fee of up to 10% of the personal loan amount.

Does Omni Financial charge a late fee?

Yes, Omni Financial may charge borrowers a late payment fee if you miss one of the monthly payments of up to $15, which is triggered if you're 15 days late.

Does Omni Financial charge prepayment fees?

No, Omni Financial does not charge prepayment fees. This means you will not have to pay additional fees if you decide to pay the personal loan off early.

Omni Financial Fees
Origination Fee up to 10%
Prepayment Fee N/A
Late Payment Fee $15

What do you need to qualify for Omni Financial Military Loans?

Applicants with a credit score of at least 560 and up to 750 may be eligible for Omni Financial Military Loans. The minimum age to be eligible is 18 or the state minimum, whichever is higher.

Omni Financial Military Loans does not have or does not disclose a minimum annual income eligibility requirement.

The Military Lending Act (32 C.F.R. § 232) prohibits lenders from charging service members more than 36% APR on credit extended to covered borrowers. Active duty service members are eligible to apply for a loan via Omni Financial Military Loans. Their rates fall within the limits of The Military Lending Act.

Permanent resident / green card holders are also eligible to apply.

To qualify, applicants may need to provide the following documentation:

  • Recent pay stubs
  • Proof of citizenship or residence permit
Omni Financial Eligibility Criteria
Minimum Age 18
Bank Account Required? No
Application Types Accepted
  • Individual Applications
    		•
    Credit Score 560 - 750

    What is the estimated funding time for a personal loan via Omni Financial?

    Omni Financial will typically approve (or deny) a loan application within 24 hours and fund loans within 7 business days of approval.

    SuperMoney Disclosure: SuperMoney.com is an independent, advertising-supported service. The owner of this website may be compensated in exchange for featured placement of certain sponsored products and services, or your clicking on links posted on this website. Read more...
    Editorial Disclaimer: Editorial and user-generated content on this page is not provided or commissioned by the issuer. Opinions expressed here are the author’s alone and have not been approved or otherwise endorsed by any financial institution, including those that are advertising partners.

    Contact

    About Omni Financial Military Loans

    View Omni Financial Inc. Profile

    Availability

      Available in 41 states and Washington, D.C.
    • Alabama
    • Alaska
    • Arizona
    • Arkansas
    • California
    • Colorado
    • Connecticut
    • Delaware
    • Washington, DC
    • Florida
    • Georgia
    • Hawaii
    • Idaho
    • Illinois
    • Indiana
    • Iowa
    • Kansas
    • Kentucky
    • Louisiana
    • Maine
    • Maryland
    • Massachusetts
    • Michigan
    • Minnesota
    • Mississippi
    • Missouri
    • Montana
    • Nebraska
    • Nevada
    • New Hampshire
    • New Jersey
    • New Mexico
    • New York
    • North Carolina
    • North Dakota
    • Ohio
    • Oklahoma
    • Oregon
    • Pennsylvania
    • Rhode Island
    • South Carolina
    • South Dakota

    Feature Breakdown

    Late Fee Amount $15
    Late Fee Grace Period 15 days
    Origination Fee (%) Up to 10%
    Immigration Status Considered
    • U.S. Permanent Resident
    Joint Loan Applications Accepted
    • Individual Applications
    Military Status
    • Active Duty Military
    Minimum Age 18
    Verification Documents Required
    • Recent Pay Stubs
    • Proof of citizenship/residence (Green Card)
    Credit Score Range 560 - 750
    Loan Amount $500 - $10,000
    APR 7% - 35.95%

    Omni Financial Military Loans Community Reviews

     

    Would you recommend Omni Financial Military Loans to your friends?

    Before we publish your vote:

    Please explain your vote by sharing your experience.

    Writing a review increases the credibility of your vote and helps your fellow users make a better-informed decision.

    Please write a review to submit your vote
    (will require moderator approval)

    SUPERMONEY NET RECOMMENDATION SCORE

    This product is strongly not recommended by SuperMoney users with a score of -100, equating to 1 on a 5 point rating scale.

    -100

    Recommendation score measures the loyalty between a provider and a consumer. It's at +100 if everybody recommends the provider, and at -100 when no one recommends.

    sorted by
    Browse Personal Loan Lenders
    SuperMoney
    Goals
    Partner with us
    Go to homepage

    NMLS Consumer Access ID #1520999

    Copyright 2022 SuperMoney, LLC. All rights reserved.

    SuperMoney Advertiser Disclosure

    *SuperMoney is not responsible for third party products, services, sites, recommendations, endorsements, reviews, etc. All products, logos, and company names are trademarks™ or registered® trademarks of their respective holders. Their use does not signify or suggest the endorsement, affiliation, or sponsorship, of or by SuperMoney or them of us.

    This content is not provided by any financial institution. Any opinions, analyses, reviews or recommendations expressed here are those of the author’s alone, and have not been reviewed, approved or otherwise endorsed by any financial institution.

    SuperMoney.com is an independent, advertising-supported service. The owner of this website may be compensated in exchange for featured placement of certain sponsored products and services, or your clicking on links posted on this website. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). SuperMoney strives to provide a wide array of offers for our users, but our offers do not represent all financial services companies or products.

    We endeavor to ensure that the information on this site is current and accurate but you should confirm any information with the product or service provider and read the information they can provide.

    † To check the rates and terms you qualify for, one or more soft credit pulls will be done by SuperMoney, and/or SuperMoney's lending partners, that will not affect your credit score. However, if you choose a product and continue your application at a lending partners' website, they will request your full credit report from one or more consumer reporting agencies, which is considered a hard credit pull and may affect your credit.