At a Glance
Rates & Fees
Key Features
No minimum credit score — will consider all credit types
Secured loan option can lower your rate significantly
In-person branch network across the US for face-to-face service
Pros & Cons
Pros
- Accessible to bad credit and no-credit borrowers
- Secured option with collateral
- Physical branches for in-person help
Tradeoffs
- Higher APRs than other lenders (min 18%)
- Smaller max loan ($20k)
- Origination fee required
How to Apply
Check whether OneMain Financial offers prequalification and whether it uses a soft or hard credit inquiry before submitting personal information. A full loan application may affect your credit score.
Compare the estimated APR, term, and monthly payment against at least one other lender before committing.
Gather proof of income, identification, and bank account details for the formal application.
Submit the full application directly on OneMain Financial's site; approval typically requires a hard credit inquiry.
If approved, review the final loan agreement for the origination fee and funding time (same day or next business day) before signing.
How It Compares
Current product highlighted| Product | APR Range | Loan Amount | Origination Fee |
|---|---|---|---|
| OneMain Financial Personal Loan | 11.99%–35.99% | $1,500–$30,000 | 1–10% (or flat fee by state) |
| Citi Personal Loan | 9.99%–17.49% | $2,000–$30,000 | None |
| LightStream Personal Loan | 7.24%–24.89% | $5,000–$100,000 | None |
| SoFi Personal Loan | 6.99%–35.49% | $5,000–$100,000 | None (optional fee for lower rate) |
Rates and terms shown are illustrative as of 2026 and vary based on creditworthiness, income, and loan amount — always confirm current terms directly with the lender.