In this Comparison
There is a multitude of different online lenders on the market today that can provide you with a quick and easy personal loan.
Here you will find a comparison between OneMain, Mariner Finance, and NetCredit.
18.99% – 35.99%
18.00% – 35.99%
34.00% – 155.00%
12 – 60 months
24 – 60 months
$1,000 – $25,000
$1,000 – $10,000
When OneMain Shines?
OneMain Financial offers personal loans online, as well as having more than 1,500 physical branches around the United States. You can choose between many different loan options, as well as quickly get your hands on your borrowed money.
OneMain personal loan can be a better choice than NetCredit and Mariner Finance if you:
When Mariner Finance Shines?
Mariner Finance is another lender that has both an online presence and physical branches. It often deals with people who might not have the best credit.
Mariner Finance personal loan can be a better choice than NetCredit and OneMain if you:
When NetCredit Shines?
NetCredit is an Enova International subsidiary that tries to look after the needs of customers who are seemingly underserved by other lenders.
NetCredit personal loan can be a better choice than Mariner Finance and OneMain if you:
OneMain offers a decent minimum loan size but doesn’t have the biggest max loan around, with this range being $1,500-$20,000. This is close to the loan sizes that Mariner Finance offer, which are $1,000 to $25,000. NetCredit has a very small range of loan sizes starting at $1,000 and reaching $10,000.
OneMain, NetCredit, and Mariner Finance do not have an out and out minimum credit score for applicants or any income requirements. All three of these lenders will need the personal loan applicants to be 18 years old, in addition to either being a US visa holder, citizen, or resident
OneMain Financial - Pros & Cons
You can get a joint loan and secured loan through OneMain.
You will often receive your borrowed funds the following business day after you get approval for your application.
OneMain can provide you with a personal loan that is worth as little as $1,500.
If you change your mind about your OneMain personal loan, you can cancel it within seven days without incurring any fees.
With a OneMain personal loan, you will need to pay an origination fee. This can change depending on what state you are in and can start at 1% and go up to 10%.
Certain states are excluded from getting a OneMain personal loan.
Mariner Finance - Pros & Cons
With Mariner Finance, you are able to get the likes of co-signed loans and secured loans.
You can quickly apply for a Mariner Finance personal loan online and get approval within 24 hours usually.
Mariner Finance does not have a specific credit score requirement and will consider applications from a wide range of types of people.
When you are initially seeing what Mariner Finance can provide to you, there will be no hard credit check carried out.
There are many states that are part of Mariner Finance’s excluded list.
There will be times when Mariner Finance will require you to visit a physical branch in order to sign the loan documents.
NetCredit - Pros & Cons
You will often get your funds on the same day or the next business day after your NetCredit application has gotten approval.
NetCredit offers a good range of resources that allows you to learn a lot more about personal finance.
When you initially look to see what NetCredit can offer you when it comes to a personal loan, there will only be a soft credit pull.
You will be able to change your payment dates with NetCredit.
The max loan you can get from NetCredit is just $10,000 which is quite low.
NetCredit will usually have rates of interest that are quite high.
OneMain gives you the ability to set your preferred payment date and to change this payment date as you please for your personal loan. You will not be able to get an autopay discount with OneMain, NetCredit, or Mariner Finance. However, there are also zero late fees in place.
Mariner Finance does not allow you to change the payment due date for your personal loan, but NetCredit does. NetCredit also does not have any prepayment penalty in place, while it also offers a hardship plan.
iOS App Score
Android App Score
7 am – 7 pm (CT)
9 am – 5 pm
8 am – 8 pm (CT)
The application process of a OneMain personal loan is very fast and you can quickly get your hands on your funds. There are tons of useful financial education resources on the website, as well as customer support lines being open during the week. You can also utilize the OneMain mobile app to manage your loan obligations. Finally, the Better Business Bureau has granted OneMain an A+ rating.
Mariner Finance will usually approve applications within 24 hours and then will often credit your funds within a couple of days. There are many states in which you cannot get a Mariner Finance personal loan. There is a basic FAQ section on the Mariner Finance website and there are limited customer support hours in operation. You will not be able to control your loan through a mobile offering. The Better Business Bureau rating for Mariner Finance is A+, but it is no longer accredited.
There are numerous ways that you can get in touch with the NetCredit support team and you also have access to a good range of educational resources through the website. There is a lack of a mobile offering and NetCredit is not currently accredited with the Better Business Bureau.
Which Personal Loan is The Winner?
All three of these lenders have a lot of similarities. They each cater to people with poor credit scores and can have quite high rates of interest.
NetCredit and OneMain are very good for providing fast access to funds, while these all offer small loans. Out of all of these offerings, OneMain stands out the most when it comes to its range of options.
APR Range The annual percentage rate (APR) is the total annual cost of borrowing money. This rate includes the interest rate as well as any additional finance charges. When you take out a personal loan, for example, you may be required to pay loan origination fees.
18.00% – 35.99%
5.40% – 35.99%,
Best Rate Guarantee *
Term The term of your loan is the amount of time you have to repay it. For example, if you get a 24 months personal loan, the loan term is 24 months.
Compare Various Lenders
Up to $100,000
on Credible website
on Credible website
* $200 giftcard if you find and close with a better rate elsewhere
While you may be able to obtain a loan for up to $15,000 online if the amount exceeds this or there is some issue with your application, Mariner Finance requires an in person visit to a local branch. You’ll need to bring supporting paperwork with you and discuss your loan requirements with an agent.
Mariner FInance is a good option if your debts have compromised your credit score and it has now dropped to the point where you may struggle to qualify for another loan.
You can borrow up to $25,000, but there are no specific debt consolidation features such as direct payments to creditors. So, if your credit score is good or excellent and you are simply looking to restructure your debt, this may not be the best option for you.
Yes, it is possible to prequalify for a Mariner Finance personal loan. You can use the website to check your rate and see if you can qualify for a loan without impacting your credit. Mariner Finance will use a soft credit check to process this inquiry. However, some applicants may be directed to contact their local branch without seeing any offers.
Netcredit is a bad credit lender, so it has no specific credit score requirements. However, this comes at a cost of high rates. For this reason, while you may be able to obtain a Netcredit loan with your 600 credit score, you may find there are better alternatives in the marketplace that offer a better deal.
Since Netcredit is a bad credit lender with no credit score requirements, they are often a last resort for many applicants. As such, they are highly unlikely to be willing to negotiate on rates when you’re looking for a loan.
However, if you have an existing Netcredit loan and want to negotiate a settlement, you have nothing to lose by trying.
It is possible to prequalify for a Netcredit personal loan and check your eligibility and rate. This process only uses a soft credit check, so there is no worry about it impacting your credit score.
A hard credit check will only be triggered if you decide to go ahead with a loan.
More Personal Loan Reviews
Compare Alternative Lenders
OneMain vs SoFi vs Payoff
Each of these three lenders will be appropriate for a different type of person. Payoff is generally beneficial for accepting applications from people with less-than-perfect credit.
SoFi, on the other hand, caters to people with good credit who are looking for large loan amounts. OneMain is somewhere in the middle, and it gives you quick access to your borrowed funds.
Read Full Comparison: Payoff Vs SoFi Vs OneMain: Compare Personal Loan Providers
OneMain vs Avant vs LendingClub
LendingClub is a peer-to-peer online lending marketplace that prefers to work with people who have poor credit. The California-based company has over three million customers in the United States.
Avant is a Chicago-based lender that provides personal loans to people with bad credit. It also gives you quick access to funds as well as flexible repayment options. While OneMain is an online lender, it also has over 1,500 physical locations throughout the United States. This lender offers quick access to funds as well as a variety of loan options.
Read Full Comparison: OneMain Vs Avant Vs LendingClub: Which Personal Loan Suits You Best?
OneMain vs Upstart
Both of these lenders make it possible for people with bad credit to obtain a personal loan. OneMain's offering is a little more limited, with loans that are relatively smaller in size but with more flexible repayment term lengths.
Read Full Comparison: OneMain Vs Upstart: Compare Personal Loan Providers