One Main Financial?

[Cowboys4Life]

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@britt585 wrote:

Good morning...Anywho have any experience with One Main Financial? Please share 

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Yes, and it isn't good.  They are straight up predatory lenders.  Do the math.  You will pay double what you borrow in interest.  I made the colossal mistake of taking out a loan from them and thankfully had employment issues where bankruptcy was the only option.  I was so relieved to get out from under that loan.

[britt585]

o my... I have received numerous offers from them. I finally gave in. The lady is calling non stop....I asked her for more details about the loan. She stated she needs my last pay stub to tell me...ugh

[kilroy8]

They are predatory lending arm of Citi Financial. Barely above payday loan types.

Beware.

[britt585]

Well its sounding like I should pass on them...

[Anonymous]

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@kilroy8 wrote:

They are predatory lending arm of Citi Financial. Barely above payday loan types.

Beware.

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The above information needs to reflect that in November 2015, Springleaf Holdings, Inc. acquired OneMain Financial from Citigroup for $4.25 billion. The new company kept the name OneMain Financial.

[Anonymous]

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@britt585 wrote:

Well its sounding like I should pass on them...

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Hopeful you would be able to obtain needed funding from a lender that is from the main stream in rates and terms.

[britt585]

Hopefully. Are there any you recommend?

[Anonymous]

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@britt585 wrote:

Hopefully. Are there any you recommend?

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@GApeachyand @SouthJamaica have posted on loans over time. Will send this call out for them to put eyes on your question? They have a long life in the world of credit and business.

[SouthJamaica]

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@Anonymous wrote:

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@britt585 wrote:

Hopefully. Are there any you recommend?

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@GApeachyand @SouthJamaica have posted on loans over time. Will send this call out for them to put eyes on your question? They have a long life in the world of credit and business.

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If britt585 needs a loan, I would recommend going to a credit union.

As to non-credit-union sources, I did once get a loan from Lightstream, which was fine. And did not report as a CFA.

[Royalbacon]

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@IOBA wrote:

Last night, I was on Pacer and looked up an ex.

He filed his third BK a few years back. One Main Financial actually SHOWED up to the hearing and disputed the debt being included in bankruptcy and provided PROOF that the ex had taken out the loan (& used his vehicle as collateral).  WOW.  Wow to One Main Financial for standing up and saying they want their money.  

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Sheesh, how much did they owe One Main if you don't mind me asking? You don't have to say if you don't want, but from what my attorney told me back when I filed BK it's very rare for creditors to show up during bankruptcy hearings so I always "enjoy" (right word...?) reading stories of when they do.