OneMain Financial personal loans

OneMain Financial has been helping people with loan solutions since 1912, and is a large network of local branches. The company provides personalized loan solutions, and one-on-one local services.

OneMain Financial offers a variety of flexible repayment and term options. You can make payments by phone, online or through a local branch. The company works to provide you with money when you need it.

Product NameOneMain Financial Personal Loans
Min Loan Amount$1,500
Max. Loan Amount$25,000
Min APR From 12.99%
Minimum Loan Term2 years
Maximum Loan Term5 years
RequirementsEligibility for a loan is determined by your financial history, credit history, income and expenses, and whether or not you have ever filed for bankruptcy.


  • No hidden fees.
  • Offers quick funding.
  • Apply even with poor credit.


  • APRs range from 12.99% to 35.99%.

OneMain Financial personal loans review

If you need a personal loan, OneMain Financial can get you funded quickly with a term that works best with your circumstances. OneMain Financial personal loans can be used for a variety of purposes, like debt consolidation, home repairs, travel costs and unexpected bills.

The company works with a “no surprise” approach, and rate, payment and term are all fixed. You will always know exactly when you are expected to pay off your loan.

If you have bad credit, you can still apply for a personal loan. In fact, the average applicant has between a 600 and 650 credit score. In most cases, if you are approved by noon, you can receive your loan as soon as the same day.

Personal loans work with a fixed rate that is determined by credit history, income and other financial obligations. Depending on your state of residence, you can get a loan between $1,500 and $25,000.

A selection of personal loans you can apply for

Use our comparison table to assess interest rates, lending amounts and requirements you’ll need to get a loan with our personal loan partners.

Rates last updated July 27th, 2017

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Unfortunately, none of the personal loan providers offer loans for that credit score. If you are in urgent need of a small loan, you might want to consider a short term loan.
Name Product Product Description Min. Credit Score Max. Loan Amount APR Requirements
Prosper Personal Loan
Borrow only what you need for debt consolidation, home improvements, special occasions and more — with APRs based on your credit score.
From 5.99% (fixed)
Must be 18+ years old, an American citizen or US permanent resident and have a 640+ credit score.
Lending Club Personal Loan
Borrow up to $40,000 with rates from 5.99% to 35.89% APR based on your credit score.
From 5.99% (fixed)
You must be over 18 years of age, a permanent resident of the US or an American citizen and have a steady source of income.
SoFi Personal Loan Fixed Rate (with Autopay)
Borrow up to $100,000 with a competitive APR and no fees.
Good to excellent credit
From 5.49% (fixed)
You must be a U.S. citizen or permanent resident 18 years or older.
Check your rate — without affecting your credit score — before applying for this unsecured personal loan.
From 9.95% (fixed)
Examples: You must have good to excellent credit, provide proof of a steady income and be a US resident who is at least 18 years old (19 years old in Alabama).
Payoff Personal Loans
Pay down your debt with a fixed APR and one monthly payment.
From 8 to 25% (fixed)
You must have a FICO score of 660 or higher, at least 3 years of credit history and a debt-to-income ratio of no more than 50%. You must live in a state where Payoff offers loans; check availability.
LendingPoint Personal Loans
Get a personal loan with reasonable rates even if you have a fair credit score in the 600s.
From 15.49% (fixed)
Must have a fair credit score of 600 or better and verifiable income. Must live in a state where LendingPoint services.
Laurel Road Personal Loans
Get a personal loan with no application or origination fees and a rate discount for autopay.
From 5.5% (fixed)
Must be a US citizen or permanent resident with a valid I-551 card
OneMain Financial Personal Loans
Get a personal or auto loan with a quick and easy application and dedicated customer support.
From 12.99% (fixed)
Eligibility for a loan is determined by your financial history, credit history, income and expenses, and whether or not you have ever filed for bankruptcy.

Compare up to 4 providers

Benefits of OneMain Financial personal loans

  • No hidden fees. You don’t have to worry about hidden fees, rate expiration periods or early payment penalties with a personal loan from OneMain Financial.
  • Quick funding. If you are approved for a personal loan by noon during a business day, you could get funding the same day. On average, funding is typically available in zero to three days of approval.
  • Poor credit ok. If you have a poor credit score, you can still apply for a personal loan. OneMain Financial does not have a minimum credit score requirement. Most borrowers, on average, have a credit score of 600 to 650.


  • Personal loans. OneMain Financial offers personal loans to fit a variety of needs. The terms are clear, and from 2 years to 5 years.
  • Rates. All rates are fixed, and APR typically starts at 12.99%.
  • Satisfaction guarantee. If you are unhappy with your newly opened loan, you are protected under a seven-day satisfaction guarantee. Within the seven-day period, you can cancel the loan with no prepayment penalties or risks.
  • Branches. The company has local branches all across the nation.
  • Loan amount. You can borrow from $1,500 to $25,000. Maximum loan amounts vary by state.
  • Eligibility. Eligibility for a loan is determined by your financial history, credit history, income and expenses and whether or not you have ever filed for bankruptcy.
  • Loan restrictions. You cannot use your loan proceeds for college, university or vocational purposes. Additionally, the loan funds cannot be used for gambling or illegal purposes, to purchase securities or for business or commercial purposes.
  • Minimum income requirement. You must be taking home a minimum gross income of $20,400.

How to apply for a OneMain Financial personal loan

Applying for a personal loan is easy, and requires applicants to meet the following eligibility requirements:

Eligibility criteria:

  • Be a US citizen or permanent resident.
  • Meet your state’s minimum age requirement.
  • Never filed for bankruptcy.
  • Not be a resident of Alaska, Arkansas, Connecticut, Massachusetts, Nevada, Rhode Island, Vermont or Washington, D.C.
  • At least some established credit history.

You can apply for a personal loan online or through a branch. OneMain Financial requires the following information and documentation:

Required documents & information:

  • Your full name and contact information.
  • Proof of a government-issued ID, like a driver’s license or passport.
  • Your Social Security number and date of birth.
  • The loan amount and what you intend to use it for.
  • Your employment status and income.
  • Your bank account details.

If you have poor credit but need money fast, OneMain Financial issues has a personal loan that can help. Before choosing OneMain Financial, be sure to compare it with other personal loan companies.

Frequently asked questions about OneMain Financial personal loans

OneMain Financial has provided loans to over 10 million customers, and has over 100 years of service and reputation to back it up. Your information is kept safe using SSL encryption, and all data is carefully managed.

Yes. There is a financial calculator, money management course and travel tips available for free through OneMain Financial’s website.

You can make as many payments as you like as often as you like, but they are only due monthly.

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4 Responses

  1. Default Gravatar
    CocoaJune 12, 2017

    I’m asking you guys to please help me! By looking at my background, I did’t make the right choices in life (in late payments and minimum payments monthly), cause my Credit being ruined. Now I understood for awhile (Months later), in order to pay your bills on time and send more than the minimum I will go far. I’m asking and begging you to help and loan me $22,000? $1, 000 or $2, 000 isn’t really helping because of Doctor bills, money towards my caf and other bills I owe. I need to start over and Not making the same mistake Again.

    • Staff
      LiezlJune 18, 2017Staff

      Hi Cocoa,

      Thanks for reaching out. Just to confirm, though, you have reached – a comparison website and general information service, not actually OneMain Financial.

      If you want to apply for a personal loan, please contact OneMain Financial directly. Please make sure you confirm that you meet the eligibility criteria before you submit your application.

      Alternatively, you can check this page for other lenders who might offer you a loan. Better still, speak to a personal loan broker who can help you find a suitable lender.

      I hope this has helped.

      Kind regards

  2. Default Gravatar
    StephanieJune 3, 2017

    Are there any loans for immigration purposes?

    • Staff
      HaroldJune 19, 2017Staff

      Hi Stephanie,

      Thank you for your inquiry.

      A guide here might be helpful for you.

      I hope this information has helped.