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OneMain Financial Review

Reviews 62,105
OneMain Financial
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OneMain Financial
OneMain Financial
Reviews 62,105
Sarah Pritzker
Aug. 25, 2021
3 min read
Sarah Pritzker
OneMain Financial Summary
OneMain Financial is a leading service provider in the personal loans industry. It offers a range of personal financial loans and is known for providing loans to non-prime customers. The company prides itself on its simple application process and quick provision of service. OneMain Financial ensures customers have easy access to a customer service representative to make informed and financially secure decisions.


  • Offers fixed rates and fixed payments
  • Over 1500 locations in 44 states
  • Long-term loans available


  • An origination fee may be charged
  • High APR compared to companies offering similar service
  • Additional fees, such as late payment, may be charged

OneMain Financial at a glance

Editorial score

Online experience

Good online resources, but no access to rates

Customer services and support

Multiple ways of reaching lender but limited hours

Loan Types

Offers all loan types

Repayment Flexibility

Offers multiple repayment plans- but no special repayment programs

Eligibility (credit score)

Accepts all credit types

OneMain Financial OneMain Financial View Rates

Suitable For?

OneMain Financial is a direct lender with over 1,500 locations nationwide to serve its customers. Covering a wide variety of personal loan specialties, OneMain Financial also offers auto loans, auto refinancing loans and auto repair loans. Taking into account the interest rates offered (18.00%-35.99%) and the variable repayment terms, ranging from 24-60 months, customers can customize their loan to fit their needs. That being said, OneMain Financial is recommended for borrowers that need non-prime credit products. 


OneMain Financial aims to assist its customers with securing financial stability and does away with the need to rely on car-dealership loans. As well as offering quick and simple loans, the company makes resources such as financially informative articles available. It also offers a free application to check if the customer prequalifies. Included in the company's perks and benefits are highlights such as:

  • A network of branches throughout the US
  • Quick turnaround on loan application
  • Fixed payments and fixed interest rates
  • Allows joint applicants

Application Process

OneMain Financial's application process is simple and easy. Prospective borrowers fill out an online application form, or the application can be handled via phone or by visiting a branch office. The form involves providing basic personal, employment, and financial information. In order to complete the initial application, the customer needs to provide a copy of a government-issued ID, their proof of income, and proof of residence. Additional items may be requested, depending on the individual circumstances of the customer. The application is then processed.

If the initial application is approved, the borrower will be contacted by a local specialist to schedule an in-person appointment at a local branch. The borrower is generally required to come to the branch in order to verify the information provided and finalize the process. Where no local branch is accessible, the company is willing to accommodate the customer.

Loan Types and Terms

OneMain Financial offers personal loans for debt consolidation, life events, recreation, home projects, and auto loans. The auto loans provided include auto refinance, auto repair, car purchase, and cash-out refinance loans. The company uses the vehicle in purchase loans as collateral.

  • The range of loan amounts is $1,500-$20,000
  • APRs from 18.00%-35.99%
  • Loan terms ranging between 24-60 months 
  • Origination fee may be charged 
  • The company may charge additional late or governmental fees

Repayment Options

The loan term options can vary, with a difference of 12 months between each option. The minimum term offered is 24 months, and the maximum is 60 months. Late fees will be charged for late payments, which can range from a flat amount to a percentage of the customer's monthly payment.

How Safe Is It? 

With your personal information, safety is always a priority. OneMain Financial utilizes several security measures when handling your personal information including third party verification software and secure safeguards to protect your interests. More on OneMain Financial’s privacy policies can be found here

Help & Support 

Customer support can be reached via the company’s website or via telephone at (800) 742-5465 for general account support. This line is available from Monday through Friday between 7:00 AM and 7:00 PM CST.


OneMain Financial is a veteran of the industry, with over 100 years of experience providing loans to customers. Its exemplary customer service ensures a quick turnaround, and the application process is easy and manageable.

OneMain Financial OneMain Financial View Rates

Physical Address

OneMain Holdings, Inc.

601 NW. Second Street

Evansville, IN 47708-1013


*Example Loan: If you borrowed $6,000 with a 24.99% APR and 60-month term, your payments would be $176.07 per month. This example is based on an average customer with good credit.

Not all applicants will be approved. Loan approval and actual loan terms depend on your ability to meet our credit standards (including a responsible credit history, sufficient income after monthly expenses, and availability of collateral). If approved, not all applicants will qualify for larger loan amounts or most favorable loan terms. Larger loan amounts require a first lien on a motor vehicle no more than ten years old, that meets our value requirements, titled in your name with valid insurance. Loan approval and actual loan terms depend on your state of residence and your ability to meet our credit standards (including a responsible credit history, sufficient income after monthly expenses, and availability of collateral). APRs are generally higher on loans not secured by a vehicle. Highly-qualified applicants may be offered higher loan amounts and/or lower APRs than those shown above. OneMain charges origination fees. Depending on the state where you open your loan, the origination fee may be either a flat amount or a percentage of your loan amount. Flat fee amounts vary by state, ranging from $25 to $500. Percentage-based fees vary by state ranging from 1% to 10% of your loan amount subject to certain state limits on the fee amount. Loan proceeds cannot be used for postsecondary educational expenses as defined by the CFPB’s Regulation Z such as college, university or vocational expense; for any business or commercial purpose; to purchase securities; or for gambling or illegal purposes.

Borrowers in these states are subject to these minimum loan sizes: Alabama: $2,100. California: $3,000. Georgia: Unless you are a present customer, $3,100 minimum loan amount. North Dakota: $2,000. Ohio: $2,000. Virginia: $2,600.

Borrowers (other than present customers) in these states are subject to these maximum unsecured loan sizes: North Carolina: $7,500. An unsecured loan is a loan which does not require you to provide collateral (such as a motor vehicle) to the lender.

Sarah Pritzker
Written by
Sarah Pritzker
Sarah Pritzker is a content writer with years of experience and a keen interest in the vast world of online consumer products. She writes for BestMoney and enjoys helping readers make sense of the options on the market.‎
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Trustpilot reviews
See what some customers are saying about OneMain Financial
Excellent • Reviews 62,105
We upload 100 to 400 Trustpilot reviews to our website daily, displaying them by default from "best" to "worst". You have the option to adjust the sorting criteria. If you wish to see all reviews, you can visit Trustpilot's website here.
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John Beckham Jr
5 hours ago
Danna was great knowledgeable and…
Danna was great knowledgeable and thrall.
Lauren Geier
17 hours ago
They are so friendly
They are so friendly, fast and I am so happy with my loan amount and monthly payments are very affordable. I will never take out a traditional “title” loan when I can do a secured loan with OneMain financial!! And Will is awesome!!!
Ronald Sekely
23 hours ago
Agent was courteous and professional…
Agent was courteous and professional and the whole process was fast and seamless.
Lemar Pratt
2 days ago
Nice people.
Nice people.
Coreen Straiton
3 days ago
Chelsea was amazing!
Chelsea was amazing. She was quick and knowledgeable 🤗