OneMain Financial Personal Loans Review for 2021Check Your Rate
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Overview of OneMain
Pros and cons
Flexible term lengths, from 24 months to 60 months Approved funds typically deposited within one day Local branches in 44 states, if you prefer to meet in person
Personal loan interest rates higher than traditional lenders Origination fee and other fees can be charged to borrowers Secured loans require fully insured collateral
OneMain Personal Loan Terms, Rates, and Fees
What Types of Loans Does OneMain Offer?
Debt consolidation Auto Wedding Moving Funeral Vacation RV Home improvement
Important to Keep in Mind
The OneMain Personal Loan Application Process
OneMain Requirements for Applicants
Financial history Income and expenses Loan purpose Value of insured collateral (for secured loans) Whether or not you have filed for bankruptcy State of residence
Contact information Social Security number Monthly net income (and source of income) Loan amount requested A copy of a government-issued ID (i.e., a driver’s license or passport) Proof of residence Proof of stated income
The Bottom Line
Frequently Asked Questions
About the Author
No brands or products mentioned are affiliated with SoFi, nor do they endorse or sponsor this article. Third party trademarks referenced herein are property of their respective owners.
Third party advice:
The tips provided on this website are of a general nature and do not take into account your specific objectives, financial situation, and needs. You should always consider their appropriateness given your own circumstances.
Many factors affect your credit scores and the interest rates you may receive. SoFi is not a Credit Repair Organization as defined under federal or state law, including the Credit Repair Organizations Act. SoFi does not provide “credit repair” services or advice or assistance regarding “rebuilding” or “improving” your credit record, credit history, or credit rating. For details, see the FTC’s website on credit (https://www.consumer.ftc.gov/topics/credit-and-loans)