Mariner Finance Personal Loans Review | Find the best loan for you

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Mariner Finance personal loans provide quick cash you can use for virtually any reason. The Maryland-based company, which has more than 480 branches in 27 states, often approves same-business-day loans, but interest rates can be high. Be sure to check the fine print before committing.

  • Mariner Finance offers personal loans from $1,000 to $25,000.
  • You can submit a loan application online and usually receive a response within the same business day.
  • If you repay your loan early, you will not be charged any prepayment penalty.

  • Interest rates on these loans can be high – up to 35.99% in some cases.
  • Additional fees may apply to certain loan offers and will be disclosed on the loan agreement.
  • In some situations, you may be referred to a Mariner Finance branch to pursue your loan application.

A Mariner Finance personal loan can meet many needs, including:

  • Debt consolidation.
  • Complete house improvements.
  • Paying for a vacation or a wedding.
  • Cover unexpected expenses, such as appliance breakdowns or car repairs.

Borrowers cannot use the loans to fund illegal activities, such as buying drugs.

You can apply for a Mariner Finance personal loan over the phone, in branch or online, which takes about five minutes. Government-issued photo ID, such as a state driver’s license or passport, and proof of income are required. Mariner Finance prefers pay stubs to verify income, but can accept bank statements, W-2 or 1099 forms, personal tax returns, or Social Security award letters.

If you are applying in branch, you must also bring:

  • Your social security card.
  • Proof of residency, such as a utility bill or signed lease.
  • If you are self-employed, your recent tax return and copies of bank statements.

The online process uses a flexible inquiry that won’t hurt your credit score to determine your loan eligibility. If you continue with your application, Mariner Finance will remove your credit again using further investigation which may temporarily lower your score.

You will usually receive a decision the same business day. If you are approved, you will then consider personalized loan offers that may meet your needs. Mariner Finance personal loans may be asset secured or co-signed, or you may qualify for an unsecured personal loan based on your credit history and other factors.

If you accept an offer, Mariner Finance will verify your information and send the money to your bank, or you can pick it up at a Mariner Finance branch.

APRs on Mariner Finance personal loans range from 18% to 35.99% with repayment terms of 12 to 60 months. Qualifying for lower rates or larger loan amounts may require a lien on an insured vehicle less than 10 years old and titled in your name.

Not all rates and loan amounts are available in the states where Mariner Finance operates.

Additional fees may apply to loan offers, and some fees required or permitted by your state may be treated as prepaid finance charges. These are upfront costs that you must cover with your regular loan payments, and they are disclosed in the loan agreement.

Borrowers can make payments online, over the phone or by mail or at a Mariner Finance branch. You can opt for automatic payments and you will not be charged a prepayment penalty if you repay your loan early.

If your credit rating is good or good, you may qualify for a personal loan from Mariner Finance.

Loans funded online are between $1,500 and $15,000, and loans under $1,500 or over $15,000 are funded through Mariner Finance branches. Personal loans range from $1,000 to $25,000, but minimum and maximum amounts depend on your condition and underwriting.

Specific rates and fees depend on your state, as well as your loan amount, term, and ability to meet Mariner Finance’s credit criteria. These criteria include credit history, income, debt and availability of collateral.

US News was unable to obtain the minimum credit score needed to obtain a personal loan from Mariner Finance at press time.

Applicants who have declared bankruptcy may be considered for a personal loan, subject to underwriting requirements.

Mariner Finance serves 27 states and has more than 480 branches nationwide.

You can apply for a Mariner Finance personal loan if you live in one of these states: Alabama, Arizona, California, Delaware, Florida, Georgia, Illinois, Indiana, Kentucky, Louisiana, Maryland, Michigan, Mississippi, North Carolina, New Jersey, New Mexico, New York, Ohio, Oregon, Pennsylvania, South Carolina, Tennessee, Texas, Utah, Virginia, Washington or Wisconsin.

Mariner Finance is not accredited by the Better Business Bureau, but does get an A-plus rating. Additionally, TrustPilot gives Mariner Finance 3.2 stars out of 5, which is an average score.

The Consumer Financial Protection Bureau received 46 complaints in 2020 regarding Mariner Finance personal loans. The main complaints were unexpected interest charges and fees, difficulty repaying loans, incorrect information on credit reports, and problems with payments. The company gave a prompt response to all complaints, and all were closed with an explanation.

If you have a question or problem, call the nearest Mariner Finance branch or 800-373-4004. Branch hours are 9 a.m. to 5 p.m. Monday, Wednesday and Thursday; 9 a.m. to 7 p.m. Tuesday; and 9 a.m. to 5:30 p.m. on Friday.

You can also contact the company at marinerfinance.com by clicking on Customer Support in the top left. Scroll down to “Send a message” and complete the form to receive a response.

You will be able to manage many aspects of the loan process online if you prefer.

  • Start and in some cases complete the application, depending on your loan.
  • Monitor and pay your loan.
  • Receive financing online for loans between $1,500 and $15,000.
  • Message customer service with any questions or issues.
  • Find the nearest Mariner Finance branch.

You can also sign up for an online program called MoneySKILL that aims to help consumers better understand their finances.

  • People who need money fast.
  • People who can afford potentially high interest rates.
  • People who live in one of the 27 states served by Mariner Finance.



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