Grace Enfield, Content Writer
@grace_enfield
OneMain Financial uses OneMain Financial Group, LLC to fund personal loans. The company offers loans of $1,500 - $30,000 with APRs of 11.99% - 35.99%, depending on an applicant’s creditworthiness, and gives borrowers 24, 36, 48 or 60 months to repay their loans.
Key Things to Know About OneMain Financial Personal Loans
- Loan Amounts: $1,500 - $30,000
- APRs: 11.99% - 35.99%
- Repayment Periods: 24, 36, 48 or 60 months
- Late Fee: $5 - $30 (based on state)
- Origination Fee: 1% - 10% (based on state)
- Prepayment Fee: $0
For more information, check out the full OneMain Financial review on WalletHub. You can also estimate your potential rates with our free pre-qualification tool.
People also ask
How do I apply for a OneMain Financial personal loan?
To apply for a OneMain Financial personal loan, first check for pre-qualification and then enter your personal and financial information on the online application. Next, verify the accuracy of the information, submit the application and wait to receive a decision.
How to Apply for a OneMain Financial Personal Loan
- Check for pre-qualification. Pre-qualification is a way to check your approval odds and potential rates before applying for a OneMain Financial personal loan. It...
Does OneMain Financial do a hard inquiry?
Yes, OneMain Financial does a hard inquiry when you apply for a loan. This credit report inquiry will likely drop your credit score by about 5 to 10 points, but you'll be able to get back on track with a few months of on-time payments.
OneMain Financial's hard inquiry will stay on your credit report for two years, but it won't affect your credit after one year, and the impact may subside before then. To see how your...
read full answer by Rick Bormin, Personal Loans ModeratorIs it difficult to get an OneMain Financial personal loan?
It is not difficult to get a personal loan from OneMain Financial because you need a credit score of 600 or higher to qualify, according to third-party sources. You will also have to meet other common requirements like being at least 18 years old, having an SSN, and having enough income to afford monthly loan payments.
OneMain Financial Personal Loan Requirements
- Minimum Credit Score: No minimum credit score required
- Age: 18+ years old
- Residency: U.S....
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