OneMain Financial currently has branches in 44 US states, accepting loan requests from the most diverse profiles.
OneMain Financial Personal
ONLINE from $1,500 – $20,000.As their loans range from $1,500 to $20,000, they are available for most states in which they operate, but there are limits set for some states (we recommend that you read the OneMain policy for more information).
Other details
OneMain Financial does not disclose your credit score or set a minimum credit score, using your credit history as acceptance criteria.
OneMain Financial does not use FICO scores as an application criterion and does not require a minimum credit score to be approved for a OneMain loan.
When analyzing an applicant, OneMain mainly takes into account the applicant’s ability to pay and their credit history. It is possible to qualify for a OneMain Financial loan even if the borrower has a low or bad credit score.
OneMain Financial also does not disclose its monthly or annual income requirements and debt-to-income ratio (DIT) to be eligible for a loan.
Learn more about OneMain Financial Personal Loans
If you cannot qualify for a loan on your own or the desired amount is high, OneMain Financial provides the possibility for applicants to apply with a co-applicant. A co-applicant will also be fully responsible for the full repayment of a loan in addition to having the same ownership of the funds. However OneMain Financial does not offer the possibility to sign up with co-signers.
In addition, if it is not possible to apply with a co-applicant and/or the applicant does not have the desired score or the applicant’s desired value is high, OneMain accepts guarantees as a means of aiding the applicant’s approval.
Cars, trucks, motorcycles, boats, and RVs are accepted as collateral, but OneMain requires that the asset given as collateral be evaluated and insured against damages. However, military members may not use collateral as a means of approving a loan.
Other Benefits of the Loan
- Mobile app: The OneMain also offers options for the type of person who doesn’t see an advantage in visiting physical branches, with the application offered you can manage your account, search for payment details, make payments and check your VantageScore.
- Choose and change your payment date: OneMain allows a borrower to change their payment date. When signing a loan agreement, provided it is within 45 days of the day you accept the offer.
- Fast Financing: Fast Financing Lenders are not commonly seen in today’s market, but OneMain Financial unlike most, can finance a loan the same day an application is submitted. Being that with a common creditor the waiting time can be one or two days.
- Range of agencies: The OneMain loans currently offers loans in 44 US states. So, although it is possible to apply for a loan without visiting a branch, those who prefer to do it in person with a loan officer can make good use of the services offered.
- Cancellation Policy: The OneMain gives a period of seven days to cancel a loan without having to make payments (a feature rarely offered by lenders).
How to apply for this loan?
Obtaining a personal loan from OneMain Financial can be a straightforward and accessible process. This guide aims to provide you with clear, step-by-step instructions to navigate the application with ease.
Step 1: Identify Your Loan Requirement Determine the amount you wish to borrow. OneMain Financial offers a variety of loan sizes to accommodate different financial needs and scenarios.
Step 2: Review Eligibility Criteria Before applying, it’s essential to ensure you meet the eligibility requirements of OneMain Financial. These criteria often include credit history, income level, and employment verification. Check their website for specific details.
Step 3: Prepare Necessary Documentation Gather key documents such as a government-issued ID, proof of income, and possibly, proof of residence. Having these documents ready streamlines the application process.
Step 4: Complete the Application Form Visit the OneMain Financial website and navigate to their personal loan application section. Fill out the application accurately to facilitate a smooth approval process.
Step 5: Examine Loan Offers After your application is reviewed, OneMain Financial will present potential loan offers. Evaluate these carefully, paying attention to interest rates, repayment terms, and any fees.
Step 6: Accept the Loan Choose the offer that best fits your financial situation and formally accept it. Ensure you fully understand the terms and conditions.
Conclusion
A OneMain Financial Personal Loan is a practical solution for many looking to manage their finances effectively. Their user-friendly process and diverse loan options cater to a broad range of financial needs. As with any financial decision, consider your repayment ability to ensure a comfortable and responsible borrowing experience.
Splash Financial Student Loan Program 
Educational Loan Financing 
The Earnest Student Loans