OneMain Financial

OneMain Financial Reviews

formerly Springleaf Financial

OneMain Financial Reviews

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Overall Rating3.6 out of 5
See all 3,146 reviews

About OneMain Financial Reviews

OneMain Financial looks at factors beyond credit scores to help people financially, offering personal loans and credit cards online, by phone and in person at nearly 1,400 community branches across 44 states. You can use OneMain funds for emergency bills, a vehicle, home improvement, debt consolidation, medical bills, a vacation or nearly any other purpose. Loan amounts range from $1,500 to $20,000, and funds are typically available by the following business day. It takes about five minutes to get pre-qualified, with no effect on your credit score.

Pros & Cons


  • Flexible term lengths
  • Secured and unsecured loans
  • Loans from $1,500 to $20,000


  • Charges an origination fee

Bottom Line

OneMain Financial offers secured and unsecured loans with APRs up to 35.99% and terms up to 60 months. OneMain loans have fixed rates and payments and no prepayment penalties.

Featured Reviews

Chesapeake, VA

The experience that I received was excellent and I would recommend OneMain Financial to anyone. The ladies would keep you up to date on what is going on with your loan and they we...

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Ridgefield, WA

They made my experience very smooth, easy and worked with me to get the loan approved. Best experience ever with a lending company. I will go back again if I ever need another loa...

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What is OneMain Financial?

OneMain Financial is a lender that offers secured and unsecured loans to customers in 44 states. OneMain Financial’s loans have fixed rates and payments, and the company doesn’t charge prepayment penalties. You can check for loan offers on OneMain Financial’s website without affecting your credit score.

To apply for a personal loan with OneMain Financial, visit its website and complete the online application. You provide details like your:

  • Desired loan amount
  • Name
  • Email address
  • Address
  • Date of birth
  • Social Security number
  • Monthly income and source of income

Once you complete the application, OneMain provides a quick loan decision. If you’re approved, visit a local OneMain Financial branch to verify the information you entered online and discuss possible loan options with one of its trained loan specialists.

OneMain Financial rates and terms

OneMain Financial charges APRs ranging from 18% to 35.99%. Rates vary depending on factors like credit history, income, debts and more. Term lengths start at 24 months and extend up to 60 months.

OneMain charges customers a loan origination fee (where allowed by law) that is either percentage-based or flat, depending on the state you live in and the size of your loan. Flat fees range from $25 to $500, and percentage-based fees range from 1% to 10% of your loan total.

OneMain may also charge late payment fees, insufficient funds fees and government fees. Carefully read your loan contract for more information regarding these fees.

OneMain Financial FAQ

What kind of credit score do you need for OneMain Financial?

OneMain Financial doesn’t have a minimum credit score requirement. Your credit score is still an essential factor in determining your interest rates, loan terms and conditions with OneMain, though.

Does taking out a personal loan with OneMain Financial hurt your credit?

Yes, your credit score typically drops a few points when you take out a personal loan with OneMain Financial because it involves a hard credit check. If you make timely payments, you can make up the difference over the life of the loan.

Can I get a loan with OneMain Financial with bad credit?

Yes, you can apply and qualify for a loan with OneMain Financial if you have bad credit. However, your interest rates are typically higher and you may not always qualify.

Can you skip a payment with OneMain Financial?

No, you can’t skip a payment with OneMain Financial. Skipping or missing a payment on your loan may result in late fees and interest charges.

Does OneMain Financial require collateral?

OneMain Financial’s secured loans require collateral. If you qualify for a secured loan, work with your loan specialist to determine what item you should use as collateral. Secured loans generally have lower APRs than unsecured loans.

Is OneMain Financial legit?

OneMain Financial has more than 100 years of lending experience and offers unsecured and secured loans in 44 states. If you’re searching for a large loan company with in-store services, OneMain Financial may be a good option. Visit OneMain Financial’s website to start your application and see what rates you qualify for.

OneMain Financial Reviews

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Page 1 Reviews 0 - 10
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Customer ServiceStaff

Reviewed Sept. 15, 2023

This is an extremely unprofessional and shady company. I applied,sent in all requested documents, and was told I was approved. Then three days later, a representative called me to go over the all the details and while putting me on hold for twenty minutes told me I was denied!! Don't go through them, they are not what they represent!

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    Punctuality & SpeedStaffLoan Process

    Reviewed Sept. 10, 2023

    I have been a loyal customer with OneMain for several years and I have been pleased with this company up until now. I have been paying my bill on time every month with direct debit, which works very well for me because I am a senior on a fixed income. But now, I am very disappointed with OneMain and it is very upsetting to me.

    When I did a loan recently, I asked the young man to set my payments so they can be directly debited from my account on the 21st of each month. He informed me that it would be no problem to do that. Now I am told, after much confusion and nonsense that I cannot have it debited on that date each month and now I am being charged exorbitant late fees each month. This is a hardship for me as a senior on a fixed income and I am disappointed that I was told the 21st would be ok when I first did the loan and not it is a problem. I am currently looking for another company to take out a loan to pay off OneMain and be done with this company once and for all. It’s a shame because up until now, I have loved dealing with OneMain. Now everything is so messed up and it is disappointing to me.

    I have several people ask me to recommend a loan company and up until now, I would have gladly recommended OneMain. I will not now. I am upset about the exorbitant late fees I’m being charged when I clearly asked the young man if my payments could come out on the 21st of each month. I will be looking forward to finding a way to pay this loan off as soon as I possibly can. I am upset and tired of seeing my account saying “Past Due” when I asked for a payment date to be set when I first did the loan. I am disgusted and very disappointed with the service and treatment I am receiving.

    Annette **

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    Reviewed Aug. 29, 2023

    You get approved for over 5k. Next day you're not approved. Nothing has changed, what is going on? What kinda business are you guys running and why are you giving someone a interest rate of 28% when their credit is at a 705? And you have done multiple loans in the past with you guys. That's beyond greedy. That is not how you keep or retain new customers. You guys need to fix the problem.!!

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    Reviewed Aug. 18, 2023

    I was specifically denied because my house mortgage was in forbearance due to COVID. Everything else checked out and set for approval. They called me and said I could re-apply once the forbearance was over.

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    Customer ServiceLoan Process

    Reviewed Aug. 17, 2023

    Horrible company, I hope they allow me to use zero star rating. Paid my personal loan off 2 years early. Their office couldn't process my complete payment notice for 3 months payments still came out after my loan being paid off... called and complained. The refund check they issued for these overpayments BOUNCED. Talk about credit and ratings. They're close to bankruptcy clearly. Do not use! July 2023, still don't have a refund for the money they had no right to take.

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    StaffLoan Process

    Reviewed Aug. 16, 2023

    While the team was very nice and helpful, they left out important pieces to the loan process unfortunately. And they’re very busy so I can respect that Trying to get assistance through the company itself is nothing short of a joke. Fast forward to them reaching out to my review on another site and them asking me to contact them. I did immediately and have not heard a word since. Can’t say I’m shocked.

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    Customer Service

    Reviewed Aug. 9, 2023

    How dare you complete a soft pull and A HARD PULL on my credit report, then send an email stating "I'M APPROVE" for $9,100 and to complete application. (Which I asked for $8,000) Just to call me and SAY I'M DENIED!! LIKE WHAT?!! AND COULD NOT TELL ME WHY I WAS DENIED. I SENT IN EVERYTHING YOU SPECIFICALLY ASK FOR!

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    Reviewed June 29, 2023

    The Belair road manager, I have found on more than one occasion, to be extremely rude and a terrible representative for OneMain Financial. Recently, we missed one payment due to some banking errors and we had to change accounts. I'm not gonna tell you how many times I've been contacted, even since I've made the payment. And when I called back and speak with this Ms. Jennifer, she is the absolute worst I have ever encountered. And I retired from a desk, myself. But she's terrible. When you call and you try to interact, she'll go on and she'll be like, "Are you finished?" She's just terrible. Just get somebody to call up there and you'll find out for yourself. Sorry, but you all need to get rid of Jennifer.
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    Reviewed June 13, 2023

    I received an pre approved offer from this company for a 9k loan at 26% APR - I continued the application, as I am looking to consolidate my debt into one payment. I wrongfully assumed that because I was preapproved, that I would be able to accept this offer. Instead what occurred, was that they hit my credit, making it worse, and insultingly offered me $1,500 at 25% APR. Not sure how they plan to justify the predatory actions, but I am sure they will. Absolutely disgusted with this company and how it affected my credit. Silly to believe they wish to help anyone.

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    Reviewed May 25, 2023

    They compound interest everyday which they do not disclose. If I could give them a negative review I would. I even did a balance transfer on a no interest for 12 months on a credit card and they continued to take money from my account. DO NOT USE THESE PEOPLE.

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    OneMain Financial Company Information

    Company Name:
    OneMain Financial
    Company Type:
    Ticker Symbol:
    Year Founded:
    Formerly Named:
    NTBS-2320 6801 Colwell Blvd.
    Postal Code:
    United States