How do I qualify for a OneMain Financial personal loan?
There are several things we consider when reviewing your loan application and determining whether you qualify for a personal loan.
The fixed rate for your loan is based on a number of factors, including:
- Your income
- How much debt you currently have
- Your credit score
- Your payment history on current and past debts
There are a number of documents that you'll need when applying for a personal loan. After our loan specialists review this information and if you are approved for a personal loan, we'll let you know what fixed rate you qualify for and what your fixed payment would be for the loan.
If you decide a personal loan is not the option for you, you can cancel for any reason and return the money within 7 days of opening a new loan with the 7 Day Satisfaction Commitment. No penalties. No questions. The 7 Day Satisfaction Commitment does not apply to renewals.
How much do you need to reach your goals?
Loan offers are subject to credit approval and other restrictions and requirements may apply. OneMain Financial loan proceeds cannot be used for college, university, or vocational expenses, including tuition, fees, and required equipment and supplies; for any business or commercial purpose; to purchase securities; or for gambling or illegal activities. The actual loan amount and rate you qualify for will depend on your ability to meet our credit criteria including credit history, income and debts.
If you have questions about what you need to qualify for a personal loan, you can get the answers you need online, by phone or at your local branch. We're ready to help!