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Onemain

OneMain Financial

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Pros
  • Fixed rates
  • Offers secured and unsecured loans
  • Accessible application process
  • Strong customer support
  • Mobile app
Cons
  • Charges origination fee
  • Higher interest rates compared to competitors
  • Large loan amounts require a lien on an automobile
  • Lower maximum loan amount
Summary

OneMain Financial, established in 1912 and headquartered in Evansville, Indiana, is a trusted provider of personal and auto loans for individuals with less-than-perfect credit. Specializing in unsecured and secured loans, they offer loan amounts ranging from $1,500 to $20,000, helping borrowers cover various financial needs, from debt consolidation to major purchases. Known for their customer-focused approach, they strive to make the lending process straightforward and transparent, offering both online and in-person services through their nationwide network of over 1,300 branches. Unique features include flexible repayment terms and the option for same-day funding. Customers frequently praised their personalized service and attentive loan specialists, though it's important to note that interest rates can be higher than industry averages, reflecting the company's target audience of higher-risk borrowers. They maintain an A+ rating with the Better Business Bureau (BBB) and have earned positive feedback for their responsive customer service, making them a reputable option for those looking for a reliable loan provider despite credit challenges. Read our review to learn all you need about OneMain Financial before making your call.

Quick Stats
  • Loan Terms : Between 24 and 60 months
  • Minimum Accepted Credit Score : Undisclosed
  • APR : Between 18% and 35.99%
  • BBB Rating : A+
Selling Points
  • Flexible credit requirements
  • Low to no credit score requirements
  • No prepayment penalties
Multiple Financing Options
  • Undisclosed
    Lease Buyout
  • Loan Refinancing
  • New Vehicle
  • Undisclosed
    Private Party
  • Used Vehicle
Additional Services
  • Undisclosed
    Extended Warranty
  • Undisclosed
    GAP Insurance
  • Limited Warranty
  • Mobile Application
  • Online Account Management
  • Undisclosed
    Return Policy
Eligibility Requirements
  • Hard Credit Check
  • Income
  • Minimum Credit Score
  • Pre-qualification With Soft Check
Fees & Costs
  • Undisclosed
    Documentation/Processing Fee
  • Late Payment Fees
  • Origination Fee
  • Prepayment Penalties
  • Undisclosed
    Title Transfer Fee
  • Upfront or Application Fees
Payment Options
  • Automatic Payments
  • Undisclosed
    Cash
  • Check
  • Debit or Credit Cards
  • In-Person Payments
  • Mail-In Payments
  • Online Payments
  • Phone Payments
Customer Support
  • Undisclosed
    Articles and Videos
  • Email
  • FAQs
  • Help Guides
  • Live Chat
  • Phone
FAQs
What types of auto loans does OneMain Financial offer?
How can I apply for an auto loan with OneMain Financial?
What are the interest rates for auto loans from OneMain Financial?
Does OneMain Financial charge any fees?
Can I pay off my OneMain Financial auto loan early?
How does OneMain Financial help build credit?