OneMain Financial Personal Loans
in Personal Loans from OneMain Financial
Claimed Visit Site Get Personalized RatesOneMain Financial Personal Loans
in Personal Loans from OneMain Financial
Would you recommend OneMain Financial Personal Loans to your friends?
| Community Rating | Mostly not recommended |
| APR (Fixed APR) | 18% - 35.99% |
| Loan Amount | $1,500 - $20,000 |
| Loan Term (Months) | 24 - 60 months |
| Number of Reviews | 30 |
OneMain Financial Personal Loans Review
OneMain Financial Personal Loans is offered by OneMain Financial, a direct lender founded in 1912 and based in Evansville, IN. OneMain Financial Personal Loans is available in 44 states across the USA.
- APRs starting at 18%. Personal loan interest rates typically range between 5% and 36%. The starting rates for OneMain Financial Personal Loans are on the higher end of the spectrum.
- Fast access to funds. In some cases you can get your money within 1 business day.
- Prequalifed rate. You can check your prequalified rate at OneMain Financial with a soft pull that will not affect your credit score.
- Origination fees of up to 10%. This is on the high end for lenders on SuperMoney's database. Origination fees are deducted from the loan amount, so consider them when deciding how much you need to borrow.
- Cosigner applications accepted. Applying for OneMain Financial Personal Loans with a cosigner can improve your chances of approval and help you qualify for lower interest rates.
- Minimum income of $7,200. You will need an annual income of at least $7,200 to apply for OneMain Financial Personal Loans, which is below average for the lenders in our database
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What rates and terms does OneMain Financial Personal Loans offer?
OneMain Financial Personal Loans has higher interest rates than the average for lenders reviewed on SuperMoney.
What APR rate does OneMain Financial Personal Loans offer?
OneMain Financial Personal Loans offers a fixed APR personal loan product that ranges from 18% APR up to 35.99% APR.
Your APR can vary depending on several factors, such as your credit score. Find out what your credit score is and whether there is any false or inaccurate information in your credit history with these credit monitoring tools.
How much can you borrow via OneMain Financial Personal Loans?
Loan amounts start at $1,500 and go up to $20,000
What can a personal loan from OneMain Financial Personal Loans be used for?
Personal loans from OneMain Financial Personal Loans are typically used for special purchases, debt consolidation, home improvement projects, weddings, medical expenses & procedures, unexpected expenses or similar purposes.
What is the maximum loan term you can get with OneMain Financial Personal Loans?
OneMain Financial Personal Loans offers personal loans with terms ranging from 24 to 60 months. Having the option of longer terms allows borrowers to take on larger loan amounts while keeping monthly payments more affordable. However, the longer the term of your loan, the more interest you will pay.
| Loan Amount | $1500 - $20000 |
| Loan Term | 24 - 60 months |
| APR | 18% - 35.99% |
What fees does OneMain Financial Personal Loans charge?
Does OneMain Financial Personal Loans charge an origination fee?
OneMain Financial Personal Loans may charge a loan origination fee of 1% to 10% of the loan amount of $25 to $400 OneMain Financial Personal Loans deducts the fee directly from your loan amount before depositing your money, so make sure you take this fee into account when deciding how much you need to borrow.
Does OneMain Financial Personal Loans charge a late fee?
Yes, OneMain Financial Personal Loans may charge borrowers a late payment fee of up to $30.
Does OneMain Financial Personal Loans charge prepayment fees?
No, OneMain Financial Personal Loans does not charge prepayment fees. This means you will not have to pay additional fees if you decide to pay the loan off early.
| Origination Fee | 1% - 10% |
| Prepayment Fee? | No |
| Late Payment Fee | $5 - $30 |
What do you need to qualify for OneMain Financial Personal Loans?
Applicants with a credit score of at least 540 and up to 700 may be eligible for OneMain Financial Personal Loans. The minimum age to be eligible is 18 or the state minimum, whichever is higher.To qualify for personal loans with OneMain Financial Personal Loans, applicants need a minimum annual income of $7,200 or higher. Note that borrowers can add a cosigner to either meet eligibility requirements or qualify for lower interest rates.
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 and their covered dependents are eligible to apply for a loan via OneMain Financial Personal Loans. Their rates fall within the limits of The Military Lending Act.
U.S. citizens are, of course, eligible for the services offered by OneMain Financial Personal Loans. 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 income
- Driver's license
- Proof of citizenship or residence permit
| Minimum Age | 18 |
| Bank Account Required? | No |
| Application Types Accepted |
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| Credit Score | 540 - 700 |
What is the estimated funding time for a personal loan via OneMain Financial Personal Loans?
OneMain Financial Personal Loans will typically approve (or deny) a loan application within 24 hours and fund personal loans within 7 business days of approval.
Contact
- Headquarters
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601 NW 2nd Street, Ste 300
Evansville, IN 47708 - Visit Site
Other Services by OneMain Financial
Message From OneMain Financial
Availability
- Alaska
- Arizona
- California
- Colorado
- Delaware
- Florida
- Georgia
- Hawaii
- Idaho
- Illinois
- Indiana
- Iowa
- Kansas
- Kentucky
- Louisiana
- Maine
- Maryland
- Michigan
- Minnesota
- Mississippi
- Missouri
- Montana
- Nebraska
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- New Hampshire
- New Jersey
- New Mexico
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- North Carolina
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- Ohio
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- Oregon
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- South Carolina
- South Dakota
- Tennessee
- Texas
- Utah
- Virginia
- Washington
- West Virginia
- Wisconsin
- Wyoming
Feature Breakdown
| No Prepayment Fee | |
| Late Fee Amount | $5 - $30 |
| Origination Fee ($) | $25 - $400 |
| Origination Fee (%) | 1% - 10% |
OneMain Financial Personal Loans Community Reviews
Would you recommend OneMain Financial Personal Loans to your friends?
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