Personal loan review
OneMain Holdings
OneMain Financial personal loans
Best for: In-person help and secured options
OneMain combines online applications with a large branch network and offers secured loans backed by a vehicle, which can help borrowers with weaker credit qualify. Funds can arrive within an hour of closing on a debit card.
- Same-day funding
- Secured option
Terms last reviewed October 23, 2026
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OneMain Financial at a glance
- APR range
- 9.99%–35.99%
- Loan amounts
- $1,500–$30,000Limits vary by state
- Repayment terms
- 2–5 years
- Origination fee
- 1%–10%1%–10% or a flat $25–$500, depending on state
- AutoPay discount
- None advertised
- Credit needed
- Poor to fairNo published minimum
- Time to funding
- As soon as one hour after closing (debit card)
- Soft-pull rate check
- Check with lender
- Joint applications
- Check with lender
- Pays creditors directly
- Check with lender
- Secured loan option
- Yes
Pros and cons
Pros
- 1,300+ branches for in-person help
- Secured (vehicle) loans can help you qualify
- Very fast funding by debit card
Cons
- Origination fee on every loan
- High APRs
- Not available in every state
What a $10,000 loan could cost
Your rate depends on your credit and finances. Here's the range of monthly payments at OneMain Financial's lowest and highest advertised APRs, before any origination fee.
| Term | At 9.99% APR | At 35.99% APR |
|---|---|---|
| 36 months | $323/mo $1,614 total interest | $458/mo $6,487 total interest |
| 60 months | $212/mo $2,745 total interest | $361/mo $11,676 total interest |
Requirements
- Verifiable income
- Secured loans: vehicle titled in your name with valid insurance
- Not offered in all states
How to apply
- Check your credit report and score so you know which rates are realistic.
- Gather your documents before applying — OneMain Financial may run a credit check when you apply.
- Compare the offer with at least two other lenders on APR and total cost.
- Submit the full application with proof of income and identity.
- Review the final loan agreement, then sign and receive your funds — as soon as one hour after closing (debit card).
Featured in
- Best Personal Loans for Fair Credit (2026) — Best secured option
Frequently asked questions
Does OneMain Financial do a hard credit check?
Check OneMain Financial's site for whether its rate check uses a soft or hard inquiry. A formal application will involve a hard inquiry.
How fast does OneMain Financial fund loans?
As soon as one hour after closing (debit card), once your loan is approved and verified. Timing also depends on your bank.
What credit score do you need for OneMain Financial?
No published minimum. Lenders also look at your income, existing debts and credit history, so there's no guaranteed approval score.
Does OneMain Financial charge an origination fee?
Yes — 1%–10% of the loan amount. 1%–10% or a flat $25–$500, depending on state
How we compare lenders
Our methodology
We review each lender's published terms and compare them on the four things that matter most to borrowers. Rankings are editorial: partners can't pay for a better position, and any sponsored link is labelled. Lender terms change often, so we show the date each lender was last reviewed.
Cost
Published APR range, origination and other fees, and any AutoPay or Direct Pay discounts.
Flexibility
Loan amounts and term lengths, and whether secured or joint options are available.
Access
Which credit profiles a lender serves, and whether you can check your rate with a soft pull.
Speed & service
How quickly funds arrive after approval, and borrower-friendly features like paying creditors directly.
Rates, fees and terms are as published by OneMain Financial and were last reviewed on October 23, 2026. They can change at any time, may vary by state, and your offer depends on your credit profile. Confirm current details with OneMain Financial before applying. This review is general information, not financial advice.
Alternatives
Other lenders to compare
Upgrade
Fair credit and debt consolidation
- APR
- 7.74%–35.99%
- Amount
- $1,000–$50,000
Happen Bank
Co-borrowers and paying off cards
- APR
- 5.96%–35.99%
- Amount
- $1,000–$75,000
Upstart
Thin or limited credit history
- APR
- 6.3%–35.99%
- Amount
- $1,000–$75,000