Compare Personal Loan Rates from WalletHub Partners
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$500
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$1,000
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$25,000
OneMain Financial Reviews
The WalletHub rating is comprised of reviews from both WalletHub users and ratings on other reputable websites. The rating was last updated on 11/16/2025.
OneMain Financial is an online lender that offers personal loans to people in 44 states. OneMain’s loans range from $1,500 - $20,000, so they’re relatively small compared to offers from many competitors, but OneMain still gives borrowers 24, 36, 48 or 60 months to pay them off. High APRs are the real reason OneMain personal loans are far from an ideal choice, however.
The minimum APR for a OneMain personal loan is 18%. To put that in perspective, many lenders start their APRs around 7%, and federal credit unions are required to cap their maximum APRs at 18%. OneMain’s maximum APR of 35.99% is a lot higher than that.
Another prominent feature of OneMain loans is that they can be either unsecured or secured. A secured loan requires the borrower to put up collateral. The most common collateral OneMain accepts is a vehicle title. If the borrower defaults on the loan, OneMain can keep the collateral for repayment. The benefit of a secured loan is that it’s easier to get than an unsecured loan.
OneMain Financial Review Highlights:
OneMain Financial interest rates: 18% - 35.99%
Loan amounts: $1,500 - $20,000
Payoff timeline: 24, 36, 48 or 60 months
Availability: OneMain only operates in 44 states, excluding AK, AR, CT, DC, MA, RI and VT.
Time for approval: It takes up to 48 hours for OneMain to come to an approval decision. That’s faster than many competing lenders, and one of OneMain’s few big positives.
Time for funding: You should receive your funds the same day you’re approved.
Fees: There is a 1% - 10% (based on state) origination fee and a late fee that varies by state.
OneMain Financial credit score requirements: OneMain lends to people who have bad credit but does not disclose official credit score requirements. Third-party sources tend to indicate your odds are decent with a score in the 600-650 range.
Other requirements: 18+ years old; U.S. citizen, permanent resident, or immigration visa holder; SSN or passport
While OneMain certainly isn’t the worst lender for people with bad credit, it’s far from the best because it’s so expensive. Below, you can see how WalletHub rates OneMain loans in our three major categories: Terms, Requirements & Application, and Reviews & Transparency.
OneMain Financial Ratings by Category:
Category
Editor’s Rating
Terms
2.9/5
Requirements & Application
4.5/5
Reviews & Transparency
3.8/5
Overall Score
11.2/15
These scores reflects how close a loan offer is to WalletHub’s definition of a 5-star loan. For more information, please read WalletHub’s full methodology.
Product: OneMain Financial Personal Loans
Comment
2
5
darkhorse010204 @darkhorse010204
The staffs are pretty rude. I end up turning down their offer because of that. You don't want to deal with those kinds of people.
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5
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Kelli @kellimail13
@darkhorse010204 I agree! Staff not the friendliest and they’re also slow to inform of loan status
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4
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agronaventurax @agronaventurax
@darkhorse010204 JENNIFER was absolutely one of the WORST loan specialists i have ever dealt with. not only did she call me back after i had told her that this isnt the best route for me. She claimed to have a solution put me through 15 loops then when she realized her mistake she couldn't even give me a call back. I called three days in a row all 3 days someone told me that i should expect a call back shortly. it was not that serious that you need to ignore me for 3 days but i needed to clarify one last thing & they cost themselves a sale because i can get a co-applicant anywhere to approve me, morons
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4
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DARRELL @diamond3xdn
I NEVER APPLIED FOR ANY ACCOUNT WITH ANY ONE MAIN OFFICE!!!!
ALL OF THESE ARE FRAUD BASED
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4
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OneMain Financial
Pam Johnson @pammyjohnson101
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1 Star Rating
This is the worst credit card you could ever get. Beware, they will take advantage of you. When you make payments, you get hit with multiple late fees on the same day in the same month. I would recommend that everyone never get this credit card.
They repeatedly access my credit report without authorization. When you dispute it, they state that you must have forgotten. They have accessed my report four times without authorization. This has dragged my credit down with each inquiry. Once they have your information, they abuse the access. I cannot get them to correct it.
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Product: OneMain Financial Personal Loans
Comment
0
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OneMain Financial
kate husby @Kattesue29
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1 Star Rating
Worst experience ever, the customer service is terrible. I closed my card after less than three months. My card got declined for " at risk transactions" from everything from cat food at Walmart, the Dollar General for drinks, and at the shell gas station for gas. Customer service had a strange stance, telling me to try it somewhere else and it should work over and over. I called at least five times and got nowhere. It was not worth the fee I can tell you that. If you don't feel like getting embarrassed in line for groceries, don't buy this card.
Excellent card, I started last year with a $500.00 credit limit. One and a half years ago, now I am at a $2,200.00 credit line. They raised my limit every 6 months because I made my payments on time. I love my Brightway Card.
I changed my address to a different residence, and they canceled my card because they said I was late to submit proof of residence. I had been with this card service for about a year and a half with no late payments. Do not get this card.
I have had a loan with OneMain Financial since August of 2023. Never once have I missed my payment, not until I was on my way home from work in June of 2025. I got an alert on my phone that my account was compromised, coinciding with the same day OneMain Financial was scheduled to pull their payment. I immediately tried to call OneMain Financial and also emailed them to explain the problem that my account was hacked. This is how they treat extremely good customers with exceptional payment history; they turn around and ignore you. They charged me a $15.00 fee and a $25 return fee. Again, why would you ignore an extremely good customer who has never missed a payment in two years? I guess that's OneMain Financial for you. So I told them I will continue to finish paying off my loan, but they will never see that $40.00 in late fees.
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Product: OneMain Financial Personal Loans
Comment
0
0
OneMain Financial
Jeffery Pruett @jeffery_mark_pruett
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1 Star Rating
They encouraged me to apply for a personal loan and were supportive until the last minute with helpful instructions. Then they decided to cancel the loan at the last minute after they had conducted a hard credit inquiry—twice. Two hard inquiries a week apart. They don't care. Never again with these bait-and-switch criminals.
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Product: OneMain Financial Personal Loans
Comment
0
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OneMain Financial
Linda Hoyt @lindah53
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1 Star Rating
Verified Customer
Keep lying about my payment history and slandering my credit to overcharge me on interest. There are better options with companies that professionally balance risk and rates.
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Product: OneMain Financial Personal Loans
Comment
0
0
OneMain Financial
BA LA @bmrison684
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1 Star Rating
Use with major caution. You can get quick approval and quick cash, but if you are looking for a loan in the first place, you are probably living beyond your means. I did it because I was moving and was trying to make a smooth transition from my old place to my new one. Onemain is just another lender that will get what they want no matter what happens. I was paying off the loan and had plans, in fact, to pay it off early, within the next few months. Suddenly, I got hit in a car accident and my car was destroyed. The car, already paid off, was attached to the loan, a bad move by me to allow. When I settled on a claim, Onemain wouldn't cooperate and do a lien release on my title. They fell back on the contract loophole. I had to allow my insurance company to hand over what I was going to use for a down payment on a new car right over to Onemain. It didn't break me personally, but it has long-term consequences more for Onemain. This was on a loan that I was paying off in the coming months. Pretty foolish of me to include my car, but short-sighted of them because they would've made interest otherwise. The other thing is that I will never do business with them again. I will tell everyone I can about my experience, which was not a good one with Onemain. If you need to get a loan for help, look elsewhere. I'd hate to see people that they prey on who don't know better and struggle to recover. You are creating long-term problems you don't need by getting into loans like these. I know better than to figure things out in a different direction going forward. Onemain doesn't care what happens to you in real life, except getting paid off. Be careful. I can't save you, but I can warn you.
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Product: OneMain Financial Personal Loans
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0
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OneMain Financial
sevki torlak @torlaksevki_1
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1 Star Rating
This company is a disgrace. Don't believe their fake reviews—these people are rude, dishonest, and completely unprofessional.
Their store manager gave me a verbal payoff offer of $3,500 to release my car title. I'm an Uber driver. My car became unsafe to drive due to airbag and catalytic converter issues. I missed two payments because I couldn't work.
Carvana offered me $2,100 for the trade-in and agreed to pay OneMain $3,500 directly for the title release. They would roll the remaining $1,400 into my new loan.
When I called OneMain's Aramingo office to confirm, they yelled at me and put me on hold for 20 minutes, refusing to cooperate.
Then they pulled a bait-and-switch: the $3,500 payoff suddenly became $6,100 just because Carvana was involved.
Let me be clear—this is predatory behavior. They are exploiting people who are already struggling. Now they act as if Carvana will pay them with counterfeit money or something of the sort. Otherwise, what is the difference between me and Carvana as long as $3,500 is paid to them?
I tried to explain to them countless times that I do not have $3,500.
I've filed complaints with the BBB, CFPB, and state attorney general. If you're considering OneMain, I would suggest thinking twice. They will lie to your face, change the terms, and bully you when you're vulnerable.
This is my experience with them. Be aware.
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Product: OneMain Financial Personal Loans
Comment
0
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OneMain Financial
n6dsss @n6dsss
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1 Star Rating
Don't waste your time applying for this company's credit card; it's a joke! They continue to ask for your driver's license photo, bank statement/utility bill, and your social security number photo multiple times and never provide you with any credit card to use. It looks like they don't know what they are doing. I submitted my information once, which was a mistake.
OneMain offers high-interest rates (18–36% APR), leaving individuals with limited resources paying for years with minimal reduction in principal. If you're late on payments, they will pursue you with persistent collection calls, sometimes contacting family members.
Personally, they employed a bait-and-switch tactic with me. After initially "approving" me, they demanded vehicle collateral; which necessitates full coverage insurance. When I was unable to afford the insurance, they added their own policy, which increased my payments, leading to even less of my payments being allocated to the principal. Additionally, their customer service is subpar—disrespectful agents, lengthy wait times, and inconsistent information. They have a 2023 CFPB order citing unfair practices. Moreover, they have hidden fees, uncertain payoff amounts, and confusing payment breakdowns STAY AWAY, ZERO STARS
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Product: OneMain Financial Personal Loans
Comment
0
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OneMain Financial
estongunderson @estongunderson
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1 Star Rating
If you made the mistake of getting this card, close the account and run. Customer service is terrible. They will not approve any purchase for more than a couple of dollars. So as an emergency card, it's useless. You will not be able to make a large purchase no matter how long you have had this card.
Not the best card! I have been offered credit limit increases as low as $50.00, which I thought was clearly a waste of time. If you are offered this card, please don't take this credit card issuer seriously. Just use the card once a month for a small charge and make the payment immediately after the statement posts. Do this until you are upgraded to the Brightway Plus Card, which will eliminate the annual fee. Otherwise, this card has no value, outside of assisting with building a positive credit history. I would have given this card 0 stars if possible.
Get answers to your questions about OneMain Financial below. Editorial and user-generated content is not provided, reviewed or endorsed by any company. Please keep in mind that it is not a financial institution’s responsibility to ensure all posts and questions are answered. Ad Disclosure
OneMain Financial does not offer secured personal loans, but they do offer unsecured personal loans and other types of secured loans including auto loans and mortgages. Secured loans require collateral, such as a car, home or money in a bank account, whereas unsecured loans do not.
The upside to an unsecured personal loan is that you don't run the risk of losing an asset if you fail to make the payments. With secured loans like mortgages and auto loans, the property will be used as collateral, so you could lose your home or car if you don't pay the loan back. However, OneMain Financial reports payment information to the major credit bureaus every month, so if you make your payments on time, you can boost your credit score.
OneMain Financial is a legit personal loan provider accredited by the Better Business Bureau since 2015. OneMain Financial has an A+ rating from the Better Business Bureau, and OneMain's personal loans received a 3.4/5 rating from WalletHub's editors.
Why OneMain Financial Personal Loans Are Legit
OneMain Financial is registered as a business in the states it services.
OneMain Financial has a Better Business Bureau rating of A+.
OneMain Financial's requirements include being at least 18 years old, having enough income or assets to make the monthly payments and having a Tax ID number.
OneMain Financial Requirements for Borrowers
Income: Not disclosed
Age: 18+
Citizenship: U.S. citizen, permanent resident or visa holder
Residency: All states except AK, AR, CT, MA or RI
Before you apply for any personal loan, it's a good...
Your OneMain Financial approval odds are good if you have a low debt-to-income ratio and meet OneMain Financial's requirements to get a loan. Some requirements include being at least 18 years old and having enough income to make monthly payments. If you meet all the requirements, your approval odds are high, but approval is never guaranteed.
What You Need for Good OneMain Financial Approval Odds
Yes, OneMain Financial does home improvement loans. You can take out a personal loan from OneMain Financial and use it to pay for home improvement expenses, such as remodeling a kitchen, finishing a basement, putting on siding or many other projects. OneMain Financial is one of the few lenders offering personal loans specifically for home improvements, while many others only have general-purpose personal loans.
Quick Facts About OneMain Financial Home Improvement Loans
A personal loan from OneMain Financial is not hard to get approved for if you have a credit score of 600-650+, enough income to afford the loan, and a valid bank account. Approval by OneMain Financial is never guaranteed, though, even if you meet all the requirements.
Requirements to Get Approved for a OneMain Financial Personal Loan
A loan from OneMain Financial will temporarily hurt your credit score because the company will perform a hard pull of your credit history when you officially apply, which will cause a drop in your score by about 5 to 10 points. In the long run, your credit score can also drop if you don't make on-time payments.
You can avoid damaging your credit score for no reason by pre-qualifying first. OneMain Financial only uses a soft pull of your credit,...
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.
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...
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