Is springleaf the same as OneMain?

Springleaf acquired OneMain Financial in 2015, more than doubling its size and creating America’s premier consumer finance company. As part of the integration, the combined company adopted the OneMain name and Springleaf branches are being rebranded to reflect the change.

What is the minimum credit score for OneMain Financial?

And while having a credit score below 670 most often disqualifies you for the majority of personal loan lenders, OneMain Financial has no minimum credit score requirement for applicants, and even has a secured loan option (with collateral) to make borrowing more accessible.

What was Springleaf Financial before?

OneMain Financial
Springleaf Holdings has changed its name to OneMain Holdings after buying its top competitor from Citigroup for $4.49 billion. Before the sale, Springleaf and Citi’s OneMain Financial unit were the two largest U.S. subprime consumer installment lenders, with a combined 2.5 million customers in 43 states.

Who bought Springleaf Financial Services?

Lendmark Financial Services, LLC
Covington, GA: On May 2, 2016, Lendmark Financial Services, LLC completed the acquisition of 127 branch offices and related loan assets from Springleaf Financial.

Did springleaf buys OneMain Financial?

Personal finance company Springleaf Holdings is buying Citigroup’s OneMain Financial for $4.25 billion. OneMain Financial Holdings of Baltimore provides personal loans and has more than 1,100 neighborhood branches across 43 states.

Is OneMain Financial hard to get approved?

Applicants need a credit score of 600 – 650 or higher to get a personal loan from OneMain Financial, according to multiple third-party sources, which say the OneMain Financial credit score requirement is in the bad-to-fair credit range.

Does OneMain Financial do a hard pull?

Yes, OneMain Financial does a hard inquiry when you apply for a loan. This credit report inquiry will likely drop your credit score by about 5 to 10 points, but you’ll be able to get back on track with a few months of on-time payments.

What happened to Springleaf Financial?

What Happened to Springleaf Financial? In 2015, Springleaf Financial Ltd. announced that it was going to acquire OneMain Financial from its owner, Citigroup. Shortly after acquiring OneMain Financial, Springleaf rebranded the entire company under the OneMain Financial umbrella.

What is CitiFinancial called now?

CitiFinancial’s new name as OneMain Financial, announced Wednesday, comes after the company completed a reorganization as it continues to explore a sale.