We take pride in providing a quick and easy application process. Here’s how it works:
Once you submit your application with your loan, personal, employment, and financial information, you will receive:
If approved, a OneMain loan specialist will contact you to:
After you review and accept your loan terms:
Apply in minutes using our online application.
Find out more about us.
Estimate monthly payments with our easy to use personal loan calculator.
Before you close your loan, OneMain will need you to provide the following documents:
We may ask for additional items based upon your unique situation. Ready to apply? Start your loan application today.
On average, from the start of the application to the receiving of funds, the process takes about one day. The amount of time may vary, however, based on what time you submit your application, the number of documents required in order to approve your application, and how long it takes to receive those documents, among other factors.
Average lengths of time for the online application process (may vary depending on your circumstances):
* May take longer depending upon the amount of time required for the verification process.
Ready to apply? Get your loan application started today.
You may choose to receive your loan in one of the following ways:
Start your loan application now and get funds as early as the next day after approval! Apply now.
There are several ways to make a payment.
Please choose the most convenient option for you:
You have two options to pay online:
Visit any OneMain branch to make a payment.Forms of payment accepted in a branch:
You have two options to pay by phone:
To find the number of the branch that services your loan, refer to your monthly statement. You can access your monthly statement through your OneMainFinancial.com account.Forms of payment accepted by phone:
Send a check made out to OneMain Financial to the PO Box listed on your monthly statement. You can access your monthly statement through your OneMainFinancial.com account.
Preferred forms of payment by mail:
If you would like additional information on payments by mail, please contact your local branch.
Download the OneMain Mobile app, available for iOS and Android. Once installed, click “Make a Payment” and follow the instructions provided.Forms of payment accepted by phone:
Take your loan account number to a Walmart Service Desk to make a CheckFree payment.**
* Please note there is a fee of $2.95 assessed by our third party payment processor, ACI, for every debit card transaction. This fee is assessed separately from your loan payment and will be shown separately on your debit card statement as "ORCC Payment Convenience Fee.”
** Walmart charges a fee of $1.00 - $1.50 for each OneMain loan payment made at a Walmart service desk.
A precomputed loan is a loan where the interest for the term is calculated when the loan is made. The interest is included in the account balance. Because interest is calculated when the loan is made and not as payments are made, the interest is "precomputed".
A precomputed loan is made up of the amount borrowed (also called the amount financed), plus precomputed interest, plus any prepaid finance charges. Prepaid finance charges are loan fees charged in addition to interest. Examples include an origination fee and an administrative fee. The amount financed and loan fees are called the "principal".
As payments are received, the account balance goes down by the amount of the payment. Payments are not applied separately to principal and interest because the account balance already includes both principal and interest.
If a precomputed loan is paid off early, all of the precomputed interest may not have been "earned". The earned interest will be calculated based on how long it took to pay off the loan. The unearned interest is then refunded by subtracting it from the account balance. The payoff amount is the remaining account balance plus any unpaid fees and charges, like late charges.
There are different methods for calculating the interest refund. These include the Rule of 78s or the actuarial method. Prepaid finance charges are usually considered earned at the time of the loan, so there is no refund if the loan is paid off early. Refer to your loan agreement to see the method for calculating the refund and if you are entitled to a refund of prepaid finance charges.Download more information about how precomputed loans work
Interest on a daily simple interest loan is calculated by using the daily simple interest method. This means that interest accrues on a daily basis on the amount of the loan (current outstanding principal balance) from the date the interest charges begin until you repay the loan. The daily simple interest method counts the number of days between the date your last payment is received and the date your current payment is received. To avoid paying additional interest, you should regularly and consistently make your standard monthly payment amount on or before your payment due date.
For more information, download a comprehensive review of how daily simple interest works. Included is the calculation used to determine the interest on a daily simple interest loan and various examples to illustrate how different payment patterns can affect unpaid accrued interest.
Looking for more information? Check out our FAQs.
OneMain Financial is an Equal Housing Lender.
†Loan approval and actual loan terms depend on your ability to meet our standard credit criteria (including credit history, income and debts) and the availability of collateral. Loan amount is also subject to state specific maximum or minimum size restrictions. APR’s are generally higher for loans not secured by a vehicle.
Some vehicles may not be used as collateral, including those used commercially or with branded titles (such as salvage). Additional loan size limits may apply to loans secured by discontinued vehicle models. We may refuse your collateral offered if it does not meet our criteria.
Active duty military, their spouse or dependents covered by the Military Lending Act (“MLA”) may not pledge any vehicle as collateral.
+ Remote loan closings are available in some areas without branches
CA: OneMain Financial Group, LLC and OneMain Financial Services, Inc. and OneMain Consumer Loan, Inc. – Loans made or arranged pursuant to Department of Business Oversight California Finance Lenders License. NH: OneMain Financial - NMLS # 1339418 and OneMain Consumer Loan, Inc. - NMLS # 937358. PA: OneMain Financial Group, LLC and OneMain Financial of Pennsylvania, Inc. and OneMain Consumer Loan, Inc. – Licensed by the Pennsylvania Department of Banking and Securities. RI: OneMain Consumer Loan, Inc., Rhode Island Licensed Lender and Licensed Small Loan Lender.
For residents of the State of Washington only: OneMain Financial Group, LLC - Consumer Loan Company License - NMLS # 1339418, OneMain Financial of Washington, Inc. - Consumer Loan Company License - NMLS # 36167, OneMain Consumer Loan, Inc. - Consumer Loan Company License - NMLS # 937358 and OneMain Financial Services, Inc. - Consumer Loan Company License - NMLS # 1056. Click here for the NMLS Consumer Access Database.