Best Reviews TopConsumerReviews.com Best Personal Loans Best Reviews
Best Reviews
      July 2, 2020

Home  >  Personal Loans  >  OneMain Financial Review

Best

Personal Loans

  1. LendingTree
  2. Upstart
  3. Credible
  4. LendingClub
  5. Avant
  6. 100 Lenders
  7. Prosper
  8. Even
  9. NetCredit
  10. Personal Loans
  11. OneMain Financial
  12. LifeLoans
  13. Better Loans Mutual

Your Information Is Secure
Personal Loan Tips Newsletter

Compare Products

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

Latest Reviews

College Textbooks

Credit Counseling

GMAT Test Prep

GRE Test Prep

Homeschool Supplies

Investment Newsletters

Junk Removal

LSAT Test Prep

MCAT Test Prep

Senior Care

 

Individual Reviews

SoFi

LendingTree

Upstart

Credible

LendingClub

Avant

100 Lenders

Prosper

Even

NetCredit

Personal Loans

OneMain Financial

LifeLoans

Better Loans Mutual

 

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 Personal Loans

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

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

Are you in need of some cash? Historically, borrowers have had limited options for a personal loan. You could ask a family member, a friend, or find a personal finance company that offered fixed-rate loans, typically at exobrtantly high interest rates.

Today, however, finding a personal loan brings several more options to the table. While you can still ask a family member, or get a high-rate loan from a finance company, you can also consider using a social lending network. These networks, also called peer-to-peer loans, generally have much lower overhead and as a result can offer much lower interest rates. They're facilitated by professional companies familiar with this type of lending, to simplify things for all parties.

Continue reading below reviews

Best Reviews

2020

Personal Loan Reviews

3.5 stars
OneMain Financial

ONEMAIN FINANCIAL

Visit Site

Loan:

Personal and Auto Loans from $1,500 - $30,000

OneMain Financial is a leading national consumer loan company that has been in business since 1912. They offer personal and auto loans at nearly 1,700 branches across the United States and has an A+ rating from the Better Business Bureau.

Stability is a strength

Stability and a high rating from the Better Business Bureau may be the two greatest strengths of OneMain when it comes to the loans they offer. There is just one application asking for personal information that they ask a prospective client to fill out.

Followup phone call

Once the application is completed and if approved, a OneMain representative will call to discuss the details of your loan. If you want to learn more about OneMain's loan product before you apply, they provide an example payment schedule on their site along with other loan information such as options for payment, which can be found in their FAQ's section.

Optional loan insurance

Reviewing further, we found consumers that reported a range of interest rates and a few comments about mandatory insurance. However, OneMain discloses fees to the consumer during the loan closing process and any insurance is completely optional for the consumer. Some customers reported high interest rates, while others reported various fees that added to their rate.

Legitimate lender

On the plus side, OneMain may be an option for people with lower credit ratings. You may also be able to get a loan that does not require collateral. However, you should be aware that this may come with high rates. When the OneMain representative contacts you with your loan offer, be sure you're comfortable with the details. The company has a long, successful history, and appears strong and solvent, so it should be considered a legitimate lending source for your financial needs.

Visit Site

Continued from above

No matter where you borrow money from, before you get your next personal loan you should consider the following:

  • BBB rating. Does the lending company have a solid history of doing good business with its customers?
  • Loan size and rate. How much will the lending company offer? What interest rate do they charge their customers?
  • Loan application process. When applying for your personal loan, can it be completed online? Is the lending process easy and straightforward?

TopConsumerReviews.com has reviewed and ranked the best online personal loan providers available today. We hope this information helps you find the best loan at an affordable rate that meets your needs!

Everything You Should Know Before Getting a Personal Loan

With lenders tightening their standards in light of the pandemic, here's everything you should know before applying for a personal loan.

Published:  Wed, 01 Jul 2020 07:48:00 GMT



10 questions to ask before you take out a personal loan

CNBC Select covers ten questions you should ask yourself and your lender before applying for a personal loan, from APR to how fast you receive the funds.

Published:  Tue, 30 Jun 2020 18:19:00 GMT



How to get a personal loan fast

Taking out a personal loan could help you borrow at an affordable rate to cover expenses. But how fast can you get one? Find out here.

Published:  Tue, 23 Jun 2020 05:48:00 GMT



Borrowers can expect lower rates on personal loans, thanks to the Fed

Or, maybe you'd like to roll all of your credit card debt into one loan with a lower interest rate? In those scenarios, a good solution can be a personal loan: an installment loan offered by a bank or ...

Published:  Wed, 24 Jun 2020 13:45:00 GMT



How to decide between a using personal loan or a 0% APR card to get out of debt

CNBC Select spoke with Shante Nicole Harris of Financial Common Cents about how to choose between a personal loan or a 0% APR credit card when you want to pay off high-interest debt.

Published:  Sat, 20 Jun 2020 23:41:00 GMT



Money Stuff: Main Street Doesn't Want Weird Loans

We talked yesterday about the Federal Reserve's Primary Market Corporate Credit Facility, a program that the Fed launched on Monday to lend money to big investment-gradeĀ U.S. companies. I was ...

Published:  Wed, 01 Jul 2020 08:59:00 GMT



Share Us!   

Home      About Us      Terms & Conditions      Privacy Policy      Contact Us      Disclosure