Best Reviews TopConsumerReviews.com Best Auto Loans Best Reviews
Best Reviews
      July 12, 2020

Home  >  Auto Loans  >  OneMain Financial Review

Best

Auto Loans

  1. LendingTree
  2. My Auto Loan
  3. Cars Direct
  4. LendingClub
  5. Road Loans
  6. Automotive
  7. Auto Credit Express
  8. OneMain Financial
  9. USAA
  10. Instant Car Loan
  11. Web 2 Carz

Your Information Is Secure
Worry Free Car Care Manual Newsletter

Compare Products

  • Select any 2 companies in our reviews to compare them head-to-head!

Latest Reviews

Bicycle Parts

Calendars

Credit Counseling

Feather Pillows

GMAT Test Prep

GRE Test Prep

Hemorrhoid Relief

Homeschool Supplies

LSAT Test Prep

MCAT Test Prep

Senior Care

Thyroid Health

 

Individual Reviews

CARCHEX

LendingTree

My Auto Loan

Cars Direct

LendingClub

Road Loans

Automotive

Auto Credit Express

OneMain Financial

USAA

Instant Car Loan

Web 2 Carz

 

Related Articles

Are Auto Loans Through A Car Dealer A Good Idea?

Auto Loans Versus Auto Leases

How Much Car Can You Afford?

How Your Auto Loan Can Be Affected By Your Credit Rating

What To Look For When Shopping For An Auto Loan

 

Our professional reviewers evaluate products and services independently, but Top Consumer Reviews may earn money when you click on the links on our pages. Learn more.

Better Business Bureau Reliability Seal

OneMain Financial Review

Best Auto Loans

To help you find the Best Auto Loans, TopConsumerReviews.com provides you with an in-depth OneMain Financial Review.

To see ALL of our reviews for the Best Auto Loans, please Click Here

Finding an auto loan is no longer limited to what your current bank will offer or what the dealer brings to the table. You can take control of your next auto loan terms by shopping online for the best deal available. Several auto loan companies post the most competitive auto loan rates online to attract your business.

In today's economy, may people have less than perfect credit. Many companies offer car loans to those who have suffered bankruptcy, late payments or a low credit score. By researching and finding the best auto loan, you'll potentially save hundreds to thousands of dollars each year in payments and interest over other auto loans.

Continue reading below reviews

Best Reviews

2020

Auto Loans Reviews

3 stars
OneMain Financial

ONEMAIN FINANCIAL

Visit Site

BBB Rating:

A+

OneMain Financial is a big name in the consumer loan market, which includes auto loans. They've been in business since 1920 and have earned an A+ rating from the Better Business Bureau.

OneMain earns high marks for their reliable history and their current BBB rating. However, they miss the mark with website friendliness and functionality. Their current loan interest rates and fees are difficult to find within their website, making it hard to determine whether OneMain Financial is worth your consideration. Customers have to talk with a customer service representatives at OneMain to identify the basic information that most companies are willing to provide right on their website.

We found that borrower feedback of loan experiences at OneMain frequently included high interest rates, confusing fees, and mandatory loan insurance. Some customers reported a 25%-38% loan rate, even before additional fees were added in.

OneMain appears strong and solvent, so we feel it is a legitimate lending source. On the plus side, OneMain will lend money to people searching for an auto loan with low credit ratings and/or no collateral. However, the cost seems to be high interest rates and questionable customer service. Our concerns centered around the cost associated with borrowing money for a car loan from OneMain.

Visit Site

Continued from above

However, not all auto loan companies are the same. There can be wide differences in the features and auto loan terms that they offer.

Before you apply for your next auto loan, consider the following important factors:

  • Application Process. What is the process of applying for the auto loan?
  • History. Does the auto loan company have a history of pleasing the customer and using quality business practices? How do they rank at the Better Business Bureau?
  • Focus. What type of auto loans do they offer? Are their auto loans geared for all levels of credit?

TopConsumerReviews.com has reviewed and ranked the best Auto Loans available today. We hope these reviews help you find the most affordable loan available for you!

Car loan borrowers face challenges getting economic relief

The COVID-19 recession is making it hard for some consumers to manage their car payments. Borrowers must contact their lenders to request relief.

Published:  Sat, 11 Jul 2020 03:10:08 GMT



Texas led nation in PPP loans for car and truck dealerships

Texas car and truck dealers led the nation in government-backed loans to keep workers on payroll during the pandemic, collecting as much as $213.5 ...

Published:  Fri, 10 Jul 2020 22:34:00 GMT



Avoid Ally Financial Due To Lower Interest Rates, High Rate Of Loan Deferrals And Potential Collapse In Used Car Pricing

Ally Financial is one of the largest auto loan originators in America. Around 12% of their loans are to subprime borrowers.

Published:  Wed, 08 Jul 2020 12:56:00 GMT



These Central Ohio ZIP codes landed the most PPP loans above $150K

Downtown Columbus dominated the landscape of large Paycheck Protection Program loan approvals in Central Ohio. Businesses in the downtown ZIP code, 43215, which also contains part of the Short North, ...

Published:  Sat, 11 Jul 2020 04:15:00 GMT



Car-Sharing Startups Take U.S. Loans After Covid-19 Disruptions

Turo Inc., car-sharing companies that have been valued at more than $1 billion by private investors, said Monday that each took at least $5 million through the U.S. Paycheck Protection Program, a ...

Published:  Mon, 06 Jul 2020 16:23:25 GMT



Chefs, churches and a car dealership co-owned by Saban: Here's a look at which industries secured the most PPP loans

Restaurants and health care dominated PPP lending in Alabama - but from churches to car dealerships - including one co-owned by Nick Saban - several other fields secured a large number of loans.

Published:  Tue, 07 Jul 2020 11:30:00 GMT



A Pa. congressman got up to $1 million in coronavirus PPP loans for his car dealerships

Members of Congress were not prohibited from receiving the federal aid, but some have drawn scrutiny for benefiting from a law they passed.

Published:  Mon, 06 Jul 2020 14:00:00 GMT



Share Us!   

Home      About Us      Terms & Conditions      Privacy Policy      Contact Us      Disclosure