One Main Financial

DEBT CONSOLIDATION REVIEW

Disclosure: We receive advertising revenue from some partners. Learn More

Credit Associates Review

Talk to THE #1 Debt
Counselor TOLL FREE

888-492-6145

Debt Counselors Are Standing By
CALL NOW at 888-492-6145

get started
Click For Best 2022 Reviews

One Main Financial

OneMain Financial is an online lender that makes small loans — both single-payment and installment loans — to borrowers with low credit scores. One Main Financial’s rates are as high as traditional payday loans in some cases, and lower than payday loans in others.

OneMain Financial is a new-ish lender with a long history. It began in 1912 as Commercial Credit, which provided loans for building contractors. After changing hands and names several times, OneMain Financial took its current form in 2015.

OneMain Financial now offers personal and auto loans and has more than 1,600 brick-and-mortar locations in 44 states. This review focuses on OneMain Financial’s unsecured personal loans

OneMain’s personal loans are commonly used for debt consolidation, wedding and medical expenses, home improvement projects and auto financing. The lender considers traditional factors such as credit history and debt-to-income ratio when evaluating borrowers.

High rates: OneMain’s starting annual percentage rate of 16.05% is higher than what is charged by some online lenders that cater to people with poor credit, such as Peerform and Avant. OneMain’s rates top out at 35.99%.

OneMain Financial Customer Complaints Summary:

216 Advertising/Sales Complaints
256 Billing/Collections Complaints
8 Delivery Issues Complaints
6 Guarantee/Warranty Complaints
332 Problem with a Product or Service Complaints

Total: 818 BBB Complaints

 

 

OneMain Financial

How Much Can Settling Your Debt Save You Every Month?

Click and Find Out

Best 2022 Debt Consolidation Reviews

TOP CHOICE
Credit Associates Review
  • EDITOR'S SCORE
  • 9.85 / 10
  • SUMMARY
  • BBB A+ Rating

    Millions In Debt Resolved

    Accredited 5 Star Member of Consumer Affairs

    Trustpilot Rated 4.9 out of 5 Stars With Over 5,000 Reviews
  • WHAT WE LIKE
  • $10,000 Minimum Unsecured Debt

    No Upfront Fees

    No Minimum Credit Score

    24 to 36 Month Program
  • AVAILABILITY
  • There is a reason CreditAssociates is ranked #1. They are a debt relief industry leader, working with clients to provide dependable and affordable debt resolution for credit cards and personal loans. Their team of professional debt consultants provide superior personal service with an emphasis on customer satisfaction. Their software allows clients to track their progress through a user friendly mobile app.
Fiona Reviews
  • EDITOR'S SCORE
  • 9.4 / 10
  • SUMMARY
  • Free Resource To Help Loan Shoppers Get Best Loan Deals

    Offering an algorithm-based marketplace for lenders and borrowers

    Borrowers are matched with the loan providers most likely to approve their applications
  • WHAT WE LIKE
  • Loans of $1,000 to $100,000

    24 to 84 Month Loan Terms

    APR of 4.99% to 35.99%
  • AVAILABILITY
  • Fiona is a marketplace for lenders and borrowers that works with brands in the alternative lending industry, offering real-time pre-approval options quickly. Borrowers are matched with the loan providers most likely to approve their applications.
Lendingtree Reviews
  • EDITOR'S SCORE
  • 9 / 10
  • SUMMARY
  • Largest Lending Network in the United States

    Rated A- by the Better Business Bureau

    Get Up to 5 Loan Offers In Minutes
  • WHAT WE LIKE
  • Loan Amounts of $1,000 to $50,000

    3 to 15 Year Loan Terms

    580 Minimum Credit Score

    APRs of 5.99% of 35.99%
  • AVAILABILITY
  • LendingTree is America's largest online lending marketplace. It connects borrowers with multiple lenders so they can find the best deals on loans, credit cards, deposit accounts, insurance and more. LendingTree allows borrowers to shop and compare competitive rates and terms across an array of financial products.
BadCreditLoans.com Review
  • EDITOR'S SCORE
  • 9.25 / 10
  • SUMMARY
  • Helping People With Bad Credit Since 1998

    No Minimum Credit Score Required

    Loan Approval Within 24 Hours
  • WHAT WE LIKE
  • Loans of $500 - $5,000

    Loan Terms of 3 - 72 Months

    APRs of 5.99% to 35.99%
  • AVAILABILITY
  • BadCreditLoans.com has been helping borrowers with bad credit since 1998. Filling out & submitting the application are free and they use data encryption technology to make sure your information is protected. BadCreditLoans.com is a valuable resource for those seeking funds in times of need.
PersonalLoans.com Reviews
  • EDITOR'S SCORE
  • 8.5 / 10
  • SUMMARY
  • Provides Personal Loan Network Focused On Less Then Perfect Credit

    Member of the Online Lenders Alliance

    Offers Peer to Peer Loans, Personal Installment Loans and Bank Personal Loans

  • WHAT WE LIKE
  • Loan Amounts of $500 to $35,000

    90 Days to to 6 Year Loan Terms

    No Minimum Credit Score

    APR of 5.99% to 35.99%
  • AVAILABILITY
  • Every state has its own set of rules and regulations that govern personal loan lenders. Your loan amount, APR and repayment term will vary based on your credit worthiness, state and lender or lending partner.

One Main Financial
  • One Main Financial Review
2.5

One Main Financial - Consumer Warning

CONSUMER WARNING One Main Financial and OneMainFinancial com are part of the new wave of debt consolidation companies that are targeting American consumers. Generally, they engage consumers through direct mail, cold calling, and internet ads. Generally, they target consumers with less than perfect credit and offer them low-interest rates to lure them in. Ultimately, they are switched to higher-cost loans or debt relief products.

Sending
User Review
0 (0 votes)
Comments Rating 0 (0 reviews)