Wedding Loan

In this comprehensive review, we explore OneMain Financial® Wedding Loan designed to meet diverse financial needs. Discover how OneMain Financial® stands out with its competitive interest rates, flexible borrowing limits, and rewarding perks.
1500 - 20000 $
Loan Amount
24 - 60 Months
Repayment Term
18 - 35.99 %

Product Details

General Info
 Loan Amount Loan Amount
1500 - 20000 $
Repayment Term Repayment Term
24 - 60 Months
Required documents Required documents
Do I fit in?
Age Age
from 18 years
Credit Score Credit Score
Income required Income required
18 - 35.99 %

How to Apply for a OneMain Financial Wedding Loan?

  1. Offer Verification. Visit the OneMain Financial's website and use the "Check for offers" feature. This will not affect your credit score.

  2. Registration. Enter the required information for the system to assess your application. This typically includes your personal details and address of residence. You will also need to provide your SSN or ITIN, contact information, and income details.

  3. Application Submission. Fill out the application, providing all requested information. Make sure you enter accurate and up-to-date data to avoid delays in processing your application.

  4. Awaiting Decision. After submitting your application, you will receive a decision within a few minutes. OneMain Financial promises quick decision-making, usually no more than 10 minutes.

  5. Signing the Contract. Once your application is approved, you will be asked to sign a loan agreement. Carefully review the terms of the agreement and loan details before signing.

  6. Receiving Funds. After signing the loan documents t and completing all necessary procedures, you will receive the funds by your indicated method. OneMain Financial offers the option to receive money on a bank debit card through the SpeedFunds® network. Funds can also be transferred to your bank account via ACH network.

Conditions and Requirements


  1. Use of loan proceeds. Loan proceeds cannot be used for postsecondary educational expenses as defined by the CFPB’s Regulation Z, such as college, university, or vocational expenses; for any business or commercial purpose; to purchase cryptocurrency assets, securities, derivatives, or other speculative investments; or for gambling or illegal purposes.

  2. Loan approval and terms. Loan approval and actual loan terms depend on your state of residence and your ability to meet OneMain Financial's credit standards, including a responsible credit history, sufficient income after monthly expenses, and availability of collateral. APRs are generally higher on loans not secured by a vehicle.

  3. Disbursement of funds. Funds can be accessed within an hour after loan closing if using a bank-issued debit card and disbursed through the SpeedFunds® debit card network. Alternatively, funds may be disbursed by electronic deposit to the borrower’s bank account through the ACH network (available approximately 1 to 2 business days after closing) or by check.

  4. Credit Score. OneMain Financial looks at a variety of factors when evaluating your loan application, including your credit score and credit history. Although they consider borrowers with less-than-perfect credit, you may need to have a minimum credit score to qualify.


  1. Age and residency. You must be at least 18 years old and a U.S. citizen or permanent resident. Also you must be a resident of the state where you are applying for a loan.

  2. Income. You must have a stable source of income, such as a job or benefits, that is sufficient to cover your loan payments.

  3. Debt-to-Income Ratio. Your debt-to-income ratio (DTI) is calculated by dividing your total monthly debt payments by your gross monthly income. OneMain Financial considers your DTI when evaluating your loan application, and you may need to have a certain DTI to qualify for a loan.

  4. Collateral. For larger loan amounts, a first lien on a motor vehicle no more than ten years old, meeting OneMain Financial's value requirements, titled in your name with valid insurance, may be required. Not all applicants will qualify for larger loan amounts or most favorable loan terms.

  5. Minimum and maximum loan sizes. Loan sizes are subject to state-specific regulations. For example, borrowers in Alabama must borrow at least $2,100, while in California, the minimum loan size is $3,000. Maximum unsecured loan sizes also vary, with North Carolina unsecured loans capped at $7,500 for all customers and secured loans at $11,000 for present customers. General values range from $1,500 to $20,000.

  6. Refinancing or debt consolidation. If considering refinancing or consolidating existing debt, be aware that this may result in higher total finance charges if the interest rate is higher or the loan term is longer. Consider the impact of increasing your debt, monthly obligations, and the length of your repayment term.

  7. Origination fees. Charged as either a flat amount ($25 to $500) or a percentage fees (1% to 10%) of the loan amount, depending on the state.

  8. Late payment fees. Flat fees range for late payments may be a flat amount ($5 to $30) or a percentage (1.5% to 15%) of the payment amount, subject to state regulations.

  9. Non-sufficient funds fees (NSF). Fees ranging from $10 to $50 are charged for payments returned due to insufficient funds, where state laws allow.

  10. Governmental fees. Charges related to securing a lien on a vehicle's title, passed through at cost from state or county fees.

Ways to Receive the Money

There are several options available for receiving your loan funds. Firstly, you can opt for direct deposit, which allows the funds to be deposited directly into your checking or savings account. Alternatively, you can choose to receive a check in person at the branch during the loan closing. Another option is SpeedFunds, where funds are deposited into the bank account linked to your debit card on the loan closing date, provided you have a bank-issued debit card.

Company documents

Legal & Privacy Show
Last update 11.03.2024