OneMain Financial Personal Loans Reviews

4.3 out of 5 stars
1683 Reviews

From Borrowers in the last year

ADDITIONAL RATINGS YOU MIGHT FIND HELPFUL

Application Process

4 out of 5 stars

Customer Service

4 out of 5 stars

4.5 5

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Most Helpful Positive Review

Jun 19, 2018
Fast and easily process
Urhiness415 Borrower

Applied for a 5k personal loan for debt consolidation because I seen on CK that the odds where above excellent. My credit was about 615 since running it a bunch of times to get a car. So I was shooting for the stars with this one. So, I put in my info and they approved me in like 30 seconds. They gave me the option of two loans one 9k secures with a car title as colladaral or a 6k unsecured loan with just proof of income and residency. I submitted a pdf of my check stub and ID and was scheduled for a meeting in store the very next day. Although still skeptical, I went anyway. Before arriving I made sure I had all paper work they needed to make this transition go as smoothly as possible. They said all I needed was a checking information that had my account number and actual name on it. I don’t use checks so I asked if I could print out something from my only banking and they approved me to do so. Once I went over apr and length of term the rep gave me a few payment options. I could either receive the money in my account by the next day in full or they could sum up all the bills that I have and pay them off personally. I of course opted for the lump sum deposited into my account. I also was offered insurance on the loan. One for just Incase I lost my job and one just Incase I die. I think that was great especially for no more that $10 more on the loan. After signing the papers I was out the door and not even 24hrs later ... I had a $6k deposited with no hassle. EASY BREEZY. 

CONS 

-term is a long term (over 2 years) 

-APR RATE is high for bad credit (over 15%) 

-if you fulfill the full term you will ultimately end up paying back double of what you borrowed :-(

PROS

-Early pay offs with no penalties 

-Early pay offs avoid paying double of what you borrrowed 

-Early pay offs gets you cash back 

-can pay to the principal and to get APR. 

-get insurance on loan for any misshaps 

-get money to bank account in under 24hrs 

-APR rate is high but still lower than a lot of credit cards. 

-reports to all 3 credit bureaus 

-monthly is affordable 

-monthly payment can be structured how ever you want them to. 

So in the end you have to weight the pros and cons to determine if it’s worth it for you. 

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Most Helpful Negative Review

Nov 16, 2018
Loan sharks
pyjones123 Borrower

My parents were in their eighties I had no idea they had taken out loans with this company when my father died I learned the truth of everything my father had taken out a $4000 loan when my father tried to pay the loan off early the company would call my father and tell him don't do that it's OK just make your regular monthly payment when my father died I found out that he owed these people over $12000 from a $4000 loan I took over the loan and I just began to pay them they call my mother and was very rude to her and asked her why are you wasting your money you can save this just pay the regular payment I end up paying off the loan I called them and told them that they should be ashamed of themselves that they took advantage of individuals in their eighties they had even threaten to garnish my mother's social security and my father's pension which they cannot do and then they even threatened to put a lien on my mother's home these people are evil and they are loan sharks everyone then gives them a good rating is usually because they have bad credit and they have no other options but in a few months when you see you over $10000 on a 4 or 5000 loan you will see the evil in these individuals all they need is a mafia label and a gun.

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These reviews were written by current and former borrowers in the last year.

Feb 19, 2019
bperlota Borrower

Easy and straight to the point the staff that help me through the process I think her name is Jess was really nice and helpful

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Feb 19, 2019
Great
Ic2things Borrower

This place gave me a chance to get back on track with An affordable monthly payment. 

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Feb 19, 2019
Easy peasy
rtlegmom2 Borrower

It was a good experience.  My loan officer was quick and explained the procedure well and worked with me to get the best amount needed.

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Feb 19, 2019
Auto
Jmarsh63 Borrower

I haven’t had any problems at all with my loan. Agents are always helpful and friendly. I would happily apply for another loan if needed in the future. 

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Feb 19, 2019
These people are criminals
kenya1019 Borrower

I had a loan with these people.  I had a series of unfortunate events that caused me to get behind 2 payments.  These people took all the money out of my savings account, checking account, my business account then had the nerve to send me a 1099 for the remaining $400 that they didnt get from my accounts.  Do not get a loan through these people.  The interest rate is super high and they are like rats when it comes to getting the money you owe them.

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Feb 19, 2019
Easy
Joeynumbers Borrower

I was approved in about a day just had to get everything I needed. They were nice and very polite and may sure I understood everything.

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**Annual Percentage Rates, terms of loan, and monthly payments presented are estimated and were created based on analysis of information provided by the consumer and available rate information from lenders. While efforts have been made to maintain accurate information, the loan information is presented without warranty and the estimated APR or other terms presented do not bind any lender. Lenders generally have a range of available APRs (for example, a lender’s range might be 2% to 12%) and only borrowers with excellent credit will qualify for the lowest rate available. Your actual APR will depend upon factors evaluated at the time of application, which may include credit score, loan amount, loan term, vehicle information, credit usage and history. All loans are subject to credit review and approval. Additionally, model year, loan-to-value, minimum loan balance mileage, income, debt, etc. restrictions may apply. When evaluating offers, please review the lender’s Terms and Conditions for additional details.