OneMain Financial Review

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OneMain Financial provides debt consolidation loans for individuals looking to combine loans into one account and potentially save money with better interest rates. They have been in business for nearly 100 years and they have an A- rating with the Better Business Bureau (at the time this was written in July 2014). If you're interested in learning more about them, you can see more on their profile on Just following the link in the slides above.

Transcript of OneMain Financial Review

  • OneMain Financial!
  • Who Are They?! OneMain Financial is not your typical debt consolidation company. They offer consolidation loans, but they are more specically a regular bank. ! ! With that said, theyve been in business for a long time and should be considered as one of your options when looking to consolidate debt. ! ! If youre looking for more consolidation/ debt relief specic information, you may want to look elsewhere. If you dont care about the extra direction, then they may be worth considering.! !
  • What Services Do They Offer?! Personal loans One-on-one service in branches na1onwide
  • Specic Services! Personal loans oered in amounts up to $15,000 Clear terms Mul1ple payment op1ons Fixed rates during the length of the loan Money the same day of applica1on Branches in nearly every state
  • Do They Offer Debt Education?! Financial educa1on ar1cles are provided in a special sec1on on their website and cover topics such as Understanding Credit Rights, What is Daily Simple Interest?, Protect Yourself From Iden1ty TheQ, etc. They dont personally provide debt educa1on courses.
  • How Do They Rate With The BBB?! Technically the company has been accredited with the BeTer Business Bureau since 1922, but they were known under the name Ci1 for most of that 1me. At the 1me this was wriTen, the BBB rates them with an A- for their eorts to resolve any consumer complaints, the small percentage of complaints against them for such a large organiza1on and their eorts to resolve all the complaints registered with the BBB against their services.
  • What Do Their Services Cost?! The interest rate for most of their loans falls somewhere between 5%-7%
  • FAQ Page?! OneMain Financial does not oer an ocial FAQ page so it requires a liTle hun1ng skills to try to nd answers by looking through each page of their website. They do, however, provide mul1ple ways to get a hold of them to ask ques1ons; by visi1ng a local branch, calling their customer service lines or visi1ng their social media outlets.
  • Why Type of Debt Do They Service?! They provide personal loans for those with debts of any kind who are looking to pay them o more quickly or to use the loans for unexpected expenses, home improvements, or general life expenses.
  • What Makes This Company Stand Out?! They oer low interest rate personal loans for those who are looking to consolidate their debts quickly or in a more aordable manner. They also have a very ac1ve presence in the community in every state and par1cipate in many community events including oering nancial support to nonprot organiza1ons or in par1cipa1ng in many Green ini1a1ves.
  • Do They Maintain A Social Media Presence?! Their Facebook page is their most popular social media channel with thousands of followers and posts published on a daily basis. They also keep a professional looking TwiTer page (though they dont have many followers), and a YouTube page with about a dozen videos.
  • What Does the BDC Think of This Company?! The company receives a 7.5 out of 10 from BDC. Were impressed with the length of 1me theyve been in business while always maintaining a strong reputa1on for quality customer service. They oer aordable loans for those who are looking to pay o either unsecured or secured debts.
  • Potential Negatives! Though they claim to have branches na1onwide, they dont have a presence or lending ability in many states including: Alaska, Arkansas, Connec1cut, MassachuseTs, Rhode Island, Washington D.C. or Vermont. If youre looking for a lot of debt relief specic informa1on, there may be beTer op1ons.
  • Learn More! Visit the companys complete prole on the by going to the link below: hTp:// onemain-nancial-review/
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