Unlike a lot of the bad credit lenders about this list, OneMainFinancial is a genuine brick-and-mortar lender. This is reassuring for borrowers whom like to make use of a genuine real time individual in place of getting an online loan. On the other hand, you have to search for a OneMainFinancial branch to start your loan. OneMainFinancial presently has 1,600 workplaces in 44 states.
You can complete the application process online or over the phone to see what you’d qualify for while you do have to hit a branch to complete your loan. OneMainFinancial has no minimum credit score requirement, rendering it a choice that is excellent borrowers who possessn’t been capable of finding credit elsewhere. The mortgage approval procedure can certainly be extremely fast, in some instances less than ten minutes, and you might be capable of geting your funds the day that is same use.
Loan amounts with OneMainFinancial typically operate between $1,500 and $20,000, with payment terms from 2 to 5 years. Around this writing, APRs are priced between 18 % to 35.99 per cent. You’ll additionally spend that loan origination charge all the way to 5 %.
OneMainFinancial comes with a secured loan option for borrowers with bad credit. By having a secured loan, you’ll offer one thing you own as security in the loan—for instance, your automobile. Read more