To apply for a Mariner Finance loan, visit their website and click "Apply Now." Complete the application form by providing your desired loan amount, personal details, household income, and loan purpose. After submitting the form, a representative will contact you within one business day. If you qualify, you will need to provide necessary documents such as a government-issued ID, proof of income, Social Security card, proof of residence, and recent tax returns or bank statements if self-employed. Once your documents are verified, Mariner Finance will review your application and approve the loan if all criteria are met.
How to Apply for a Mariner Finance Loan
Click the Apply Now Button. Visit the Mariner Finance website and click "Apply Now."
Complete and Submit the Personal Loan Application Form. Enter the desired loan amount, name, address, household income, and loan purpose. Submit the application.
Wait for Contact from a Representative. A Mariner Finance representative will contact you within the same or next business day.
Provide Necessary Documentation. If you qualify, submit the required documents as guided by the representative.
Wait for Loan Approval. Mariner Finance will review your information and notify you of the decision.
Conditions
Loan Term. Mariner Finance offers loan terms of up to 60 months. This means you can repay your loan over a period of up to five years, giving you flexibility in managing your monthly payments.
APR. The Annual Percentage Rate (APR) for Mariner Finance loans can be as high as 35.99%. The APR includes both the interest rate and any fees that you might be charged, and it represents the yearly cost of the loan. It's important to understand the APR as it affects the total cost of your loan.
Loan Amount. You can borrow up to $25,000 from Mariner Finance. The actual amount you are eligible to borrow will depend on your creditworthiness, income, and other financial factors.
Requirements
Government-issued ID. You will need to provide a valid government-issued ID, such as a driver’s license, to verify your identity.
Proof of Income. Provide recent pay stubs or W-2 forms to demonstrate your income. This helps Mariner Finance assess your ability to repay the loan.
Social Security Card. Your Social Security card is required for identification and verification purposes.
Proof of Residence. You need to provide proof of your current residence, such as a utility bill or lease agreement, to confirm your address.
Recent Tax Returns and Bank Statements (if self-employed). If you are self-employed, you will need to submit recent tax returns and bank statements to verify your income and financial stability.
Age of Majority. You must be at least the age of majority in your state of residence to apply for a loan. This age varies by state but is typically 18 years old.
Reasons for Rejection
Insufficient Credit Score. Your credit score does not meet Mariner Finance's minimum credit underwriting requirements.
Inadequate Credit History. Limited or no credit history can make it difficult for Mariner Finance to assess your creditworthiness.
High Debt-to-Income Ratio. A high ratio of debt to income indicates that you might have difficulty managing additional loan payments.
Unverifiable Information. Inability to verify the personal, employment, or income information provided in your application.
Employment Status. Lack of stable employment or a verifiable source of regular income.
Can I complete my Mariner Finance application online?
Yes, you can go through the Mariner Finance application process online. Nonetheless, if you borrow a personal loan of less than $1,500 or more than $15,000, you may be required to make a branch visit to complete an application.
Does Mariner Finance accept bankrupt applicants?
Yes, Marine Finance considers applicants that have filed bankruptcy in compliance with underwriting requirements.
What identification does Mariner Finance require?
Mariner Finance requires a government-issued photo ID such as a state-issued driver's license, ID card, or passport.
