OneMain Financial offers clients personal loans from $300 to up to $15,000. These loans can be used for a wide array of needs, including debt consolidation, unexpected expenses, home improvements or life events.Continue Reading
OneMain Financial was founded in 1912 as Commercial Credit by Alexander Duncan, offering installment loans for automobiles, household items and other goods. In the years that followed, the company expanded its services to include insurance, and the name changed several times to reflect its current focus. In 2011, the name of the company changed from CitiFinancial to OneMain Financial to distinguish the company's position as a one-on-one community lender.
With a focus on streamlined functions and personal service, OneMain Financial offers personal loans with clear terms, fixed rates and a simplified application process. If loans are approved by noon, applicants can receive their funds on the same day. These funds can be used for a variety of purposes, including helping debtors pay for emergency repairs, family vacations and weddings, medical bills and home remodeling projects.
With branches across the country, OneMain Financial's funding options vary by state, allowing applicants to receive $300 to $15,000 without the need for collateral or home ownership. The company doesn't charge a penalty for prepayment, and clients can pay on their balances securely online.Learn more about Credit & Lending