How to get a loan with Mariner Finance
The personal loan application process with Mariner Finance is straightforward and doesn’t take long to complete. Before applying, however, make sure you live in one of the 28 states this lender services. Personal loans are available to borrowers in the following states:
Prequalify for a loan
Mariner Finance allows you to prequalify for a personal loan without any impact to your credit score.
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To do this, you’ll need to fill out an application online, call or visit a branch in person. During this process, you’ll need to provide your personal details and income information. You’ll also indicate how much you want to borrow and how you intend to use the funds.
Verify your information
After you’ve filled out an application, you’ll need to verify the information you provided during the prequalification process. This means providing documentation such as a government-issued ID, proof of income and residency verification.
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Once Mariner Finance verifies your information, this lender will run a hard credit inquiry, causing your credit score to drop by a few points. A hard credit pull will allow Mariner Finance to see the information on your credit reports.
Close on your loan
If your application is approved, you’ll need to close on your loan and sign a contract with Mariner Finance. This lender typically approves loans within a day, and funding may take several days.
If you’re denied for a personal loan from Mariner Finance, you may want to work on increasing your chances of getting approved. This can include improving your credit score, checking your credit report for errors (which can bring down your score) and investing in other credit opportunities to boost your credit history.
How Mariner Finance compares to other personal loan companies
Even if you believe Mariner Finance aligns with what you’re looking for in a personal loan, it never hurts to shop around and compare other lenders. Here’s how Mariner Finance stacks up against similar personal loan lenders.
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How we rated Mariner Finance
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To come up with our star rating for personal loan companies, LendingTree considered 22 data points across three categories:
- Accessibility: We paid attention to whether lenders offered loans to nontraditional borrowers, as well as those without excellent credit scores. We also checked if lenders offered soft credit pulls, and whether they were transparent about eligibility criteria other than credit scores.
- Rates and terms: We wanted to know if lender rates, terms, amounts and fees were not only transparent, but competitive.
- Repayment experience: We based this category on lenders’ reputations, customer support availability and unique benefits.
The data points reflect every step of the process to shop and apply for, borrow and repay personal loans. A five-star lender, for instance, has flexible eligibility requirements, offers you the chance to prequalify without commitment and supports you in zeroing your balance.
The 22 data points, culled from the lenders themselves, determine the overall rating. We score lenders consistently, sometimes awarding partial points, so that you can make apples-to-apples comparisons when shopping around.
LendingTree isn’t paid for conducting these reviews, and lenders don’t have control over their content. With our reviews and ratings, we aim to give our users the objective and exhaustive information they need to make the best possible decisions.
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Category: Finance
