Mariner Finance Llc’s The first step in applying for a loan with Mariner Finance is to gather the necessary documents. You will need to provide the lender with proof of your income and a valid form of identification. A Social Security number is also required. Then, you will need to fill out the application form.
Mariner Finance LLC
While there are some concerns with Mariner Finance, its services are generally reputable. The company offers two options for paying back your loan: by mail or by electronic funds transfer. Both options require a valid photo ID and proof of income. The company prefers pay stubs, but they also accept W-2 forms, personal tax returns, and Social Security award letters. If you have a question or concern, you can email customer service or visit a branch to receive more information.
Mariner Finance Llc offers several types of personal loans, including secured loans. By pledging a vehicle or other personal property as collateral, you can reduce your interest rate and possibly qualify for a larger loan. It also doesn’t charge an origination fee or prepayment penalty. However, you may have to pay a $25 document tax and a $25 credit investigation fee.
In addition, Mariner Finance engages in aggressive sales tactics. It advertises same-day check advances and mails hundreds of thousands of unsolicited “live checks” to consumers. Consumers should also be aware that Mariner Finance reports to major credit reporting agencies, such as Experian, TransUnion, and Equifax. While these practices may seem innocuous, they are a dangerous trap that can trap consumers into debt.
Minimum income requirement
If you have low credit or are self-employed, you can apply for a personal loan from Mariner Finance, LLC online or at a branch. The loan application process is quick and easy. You will need a valid government-issued photo ID, proof of income, and bank statements to complete the application. Once you have submitted the application, a representative will contact you to review your application. If approved, you can expect to receive the loan funds within two business days.
The lender does not state a minimum income requirement on its website, but applicants are required to have a credit score of at least 580 to qualify for a loan. A higher credit score translates to better rates and terms. You must also be at least 18 years old and a permanent resident or immigration visa holder. You must also have a Social Security number or government-issued ID and be able to provide collateral, which is typically a car or house title.
Mariner Finance offers personal, auto, and home loans. Its personal loan division specializes in debt consolidation and other personal loans. Its auto finance division offers auto loans and mortgage refinances. It also offers home loan programs for first-time home buyers, mobile homes, and underwater mortgages.
Loan options
Mariner Finance offers a variety of loan options. These include personal loans for people with bad credit, bankruptcy, or no credit history. While the rates and fees are high, they are not outlandish. It is important to read reviews before deciding which loan is right for you. The company also advertises credit insurance.
This company was founded in 2002 and specializes in flexible and convenient lending options. It prides itself on providing excellent customer service. It also participates in community outreach programs. For example, it has partnered with the AFSA Education Foundation to offer the MoneySKILL online program. Although this company is not accredited by the Better Business Bureau, it has a good reputation among its customers.
Mariner Finance Llc is a consumer finance company backed by the private equity firm Warburg Pincus LLC. The company is currently facing a class action lawsuit that alleges deceptive and unfair practices that cost millions of dollars to consumers. The company has responded with a statement disputing the allegations. However, the BBB is not yet sure whether or not Mariner Finance is guilty of deceptive sales practices.
Employee data Mariner Finance LLC
Employees at Mariner Finance Llc rate their current work experience a C+. Overall, they’re satisfied with their total compensation, which ranks in the top 50% of companies of similar size. The company’s CEO, Josh Johnson, is rated a B+ by 39 employees. As for the company’s culture, upper management bullies and micro-manages employees daily. As a result, turnover is high at this company.
Mariner Finance is owned by Warburg Pincus LLC and has over 480 locations throughout 27 states. The company has been accused of widespread credit insurance packing, selling products without telling borrowers, and misleading borrowers into refinancing their loans to generate higher fees and add-ons. If you’re considering a career at Mariner Finance, it’s worth taking a look at their employee data.
Mariner Finance is a company that provides a variety of personal loan products. The majority of employees at Mariner Finance are white, with an average age of thirty-five to forty. Only 1% of its employees are under the age of 18.
