OneMain Financial!

Who Are They?!OneMain Financial is not your typical debt consolidation company. They offer consolidation loans, but they are more specifically a regular bank. !!With that said, they’ve been in business for a long time and should be considered as one of your options when looking to consolidate debt. !!If you’re looking for more consolidation/ debt relief specific information, you may want to look elsewhere. If you don’t care about the extra direction, then they may be worth considering.!!

What Services Do They Offer?!

•  Personal  loans•  One-­‐on-­‐one  service  in  branchesna1onwide

Specific Services!•  Personal  loans  offered  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  don’t  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  efforts  to  resolve  any  consumer  complaints,  the  small  percentage  of  complaints  against  them  for  such  a  large  organiza1on  and  their  efforts  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  offer  an  official  “FAQ”  page  so  it  requires  a  liTle  hun1ng  skills  to  try  to  find  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  off  more  quickly  or  to  use  the  loans  for  unexpected  expenses,  home  improvements,  or  general  life  expenses.    

What Makes This Company Stand Out?!

They  offer  low  interest  rate  personal  loans  for  those  who  are  looking  to  consolidate  their  debts  quickly  or  in  a  more  affordable  manner.      They  also  have  a  very  ac1ve  presence  in  the  community  in  every  state  and  par1cipate  in  many  community  events  including  offering  financial  support  to  nonprofit  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  don’t  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.  We’re  impressed  with  the  length  of  1me  they’ve  been  in  business  while  always  maintaining  a  strong  reputa1on  for  quality  customer  service.  They  offer  affordable  loans  for  those  who  are  looking  to  pay  off  either  unsecured  or  secured  debts.        

Potential Negatives!Though  they  claim  to  have  branches  na1onwide,  they  don’t  have  a  presence  or  lending  ability  in  many  states  including:  Alaska,  Arkansas,  Connec1cut,  MassachuseTs,  Rhode  Island,  Washington  D.C.  or  Vermont.      If  you’re  looking  for  a  lot  of  debt  relief  specific  informa1on,  there  may  be  beTer  op1ons.  

Learn More!Visit  the  company’s  complete  profile  on  the  BestDebtCompanys.com  by  going  to  the  link  below:    hTp://bestdebtcompanys.com/company/onemain-­‐financial-­‐review/  

           Learn  More