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OneMain Financial – Personal Loan

4.3 / 5 (6480 reviews)

OneMain Financial offers secured and unsecured personal loans up to $20,000, accepting bad credit and even no credit history.

Amount $1,500 USD – $20,000 USD
APR from 18.00%
Term 24 – 60 months
Approval Same day
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Applying does not obligate you to accept a loan offer.

OneMain Financial Personal Loan – 2026 Review

OneMain Financial specializes in lending to borrowers with bad credit or no credit history through its 1,300+ branches across 44 states. Both secured (collateral required) and unsecured loans are available.

Loan Terms

Loans range from $1,500 to $20,000 with terms of 24 to 60 months. APRs run from 18.00% to 35.99%, with origination fees ranging from a flat $25-$500 or 1%-10% depending on state.

✓ Pros

  • No minimum credit score
  • Branch and online application
  • Same-day funding
  • Secured option lowers APR

✗ Cons

  • Higher APRs (starts at 18%)
  • Maximum loan only $20,000
  • Origination fees vary by state

Loan Example

Example: $6,000 loan for 48 months at 25.99% APR = monthly payment of $211.52, total payable $10,152.96.

Eligibility Requirements

  • ✓ Age 18+ years
  • ✓ US resident in service area
  • ✓ Stable income
  • ✓ Valid government ID
  • ✓ Optional collateral for lower rate

Loan Features

  • Bad credit accepted
  • Secured option available
  • 1,300+ branches in 44 states
  • Same-day funding possible
  • No minimum credit score

Frequently Asked Questions

Same day after submitting your application.

The minimum amount at OneMain Financial is $1,500 USD.