One Main Financial?

[buffetbuster]

Anyone get a loan through One Main Financial post BK? Just wondering. They sent me a "pre-qualified" letter for $5000. Are they a legit company?

[justbroke]

Do you really need a loan not even 1 year out of bankruptcy? Also, be very aware. A lot of those nice companies are nothing more than a new twist on the old payday loan.

To answer you question directly, I have not personally hear about this company. They seem to be more like the old EquityOne, GreenLeaf, and CitiFinancial. They do personal loans against your property. They are very aggressive when it comes to collections.

The interest will be high, but not as high as payday loans. They'll try to sell you other junk like property and medical insurance.

If I'm wrong, then let me know... but I have no appreciation for this type of lender anymore.

[ottoagain]

I Googled them, I would stay away.

[magic13]

One main Financial is really Citi Financial which is Citibank. The interest rate is around 15% and the loan is a one time loan not a line of credit that you can use anytime you like. I don't see how this helps rebuild your credit

[ace300s]

My Citifinancial Morgage and Car Loan became One Main about a year ago. Same company.