Mariner Finance may not be a household name yet, but the company has grown tremendously since it was founded in 2002. The company currently has 470 offices in 25 states, although you can apply for many Mariner financial products – including their personal loans. up to certain limits – online, no matter where you live.

Set sail for a new personal loan from Mariner Finance – just be ready for the high seas about the interest rates.


3.3 / 5.0

SimpleScore Marine Finance 3.3
  • Accepts bad credit
  • Soft credit pull to check interest rates
  • Personalized customer service
  • High APRS
  • Not available in every state

Currently, Mariner offers home loans, auto loans, and personal loans, as well as a variety of financial resources designed to help consumers improve their financial lives. However, their personal loans have become an especially popular option for consumers who need personal loans for bad credit.

If you are in the personal loan market, Mariner Finance may have just what you need.

Check your personal loan rates

Answer a few questions to help you determine which personal loans you will prequalify for. It’s quick and easy and doesn’t affect your credit score.

Mariner Financial Products: Major Food Stalls

  • Borrow between $ 1,000 and $ 25,000 depending on where you live.
  • The interest rates are between 18.99% and 36.0% of the annual interest.
  • The repayment period is 1 to 4 years.
  • A minimum score of 600 is required.

Mariner Financial Loans: Personal loans for bad credit

If you are struggling with payday loans or have other debts at incredibly high interest rates, taking out a personal loan with a lower APR than now can help. By consolidating debt at a lower interest rate, you can save money on interest, get a lower monthly payment, and potentially pay off debts faster.

Unfortunately, the lowest interest rates and best terms personal loans usually only go to consumers with good or excellent credit – or FICO scores of 740 or higher. This means that consumers with fair or bad credit will have to go with lenders who have less stringent requirements.

Mariner Finance is a lender that falls into this category as it offers consumers personal loans with credit scores as low as 600. Mariner Finance does not list a minimum income or debt-to-income ratio, but their low credit score requirement implies that a wide variety of financial situations can be acceptable.

Mariner Finance allows you to borrow anywhere from $ 1,000 to $ 25,000, although the minimum and maximum loan amounts vary by state. You may also be able to repay your loan over a period of 1 to 5 years depending on how much you borrow, your credit rating, and other factors. Note, however, that you can only borrow up to $ 7,000 through the online application process.

While Mariner Finance personal loans come with interest rates between 24% and 36% – even higher than many credit cards – they can still be good business for borrowers taking out payday loans or other debts at incredibly high interest rates.

Fortunately, with Mariner Finance you can review your offers and get a feel for what you might qualify for without putting a tough query on your credit report.

Mariner Finance: What To Look For

While borrowing funds to consolidate debt at higher interest rates can make you financially better off, there is a risk of borrowing money for other purposes. Marine Finance says Your personal loans are great for home improvement payments, weddings, and even a vacation. You sure do can These are the reasons you borrow money, but funding a vacation, kitchen remodel, or wedding with 24% to 36% APR is a bad idea. If you need to borrow money for a reason that is not an emergency, you’d better save so you can pay cash or upgrade your balance so that you can qualify for a better personal loan.

Really, Mariner Finance personal loans are only for emergency situations. Their high interest rates make them an expensive option that should only be used if your credit is better than what you have now. Also note that depending on your country of residence, you may have to pay an origination fee of up to 6% of your loan amount.

Another disadvantage of Mariner Finance is the fact that you can only borrow up to $ 7,000 through the online loan process. If you need to borrow more, you will need to apply to one of the local offices. Unfortunately, Mariner Finance only has stationary locations in 22 states.

Who Mariner Personal Loans Are Best For

  • Consumers with payday loans who can take advantage of the cheaper rates offered by Mariner Finance.
  • Anyone with bad credit who needs a loan in an emergency.
  • Consumers who need to borrow between $ 1,000 and $ 25,000 but cannot be approved by other lenders.

At The Simple Dollar, we aim to provide a general overview of a lender’s products and services through a standard rating process. After a thorough research and discovery phase, Mariner Finance stacks up like this:

Check your personal loan rates

Answer a few questions to help you determine which personal loans you will prequalify for. It’s quick and easy and doesn’t affect your credit score.

How to apply for a personal loan with Mariner Finance

If you think you are a good candidate for a Mariner Finance personal loan, the first thing to do is to check your interest rate through the online platform. Consider the following information to determine if you are eligible and what prizes you might qualify for:

  • Loan amount
  • Your full name
  • Home address
  • Date of birth
  • Email-address
  • Social security number
  • Household income
  • Employment information
  • Apartment information
  • Loan purpose

Remember to check your prices won’t Affect Your Credit Score. Once you’ve applied for your interest rate review, you’ll be given a number of loan options that you might qualify for. However, keep in mind that you can only borrow up to $ 7,000 through the online loan process. When you need to borrow more, you must visit one of the physical loan branches.

With Mariner Finance you can apply for a loan over the phone. However, if you need to borrow more than $ 7,000, you will need to visit a local credit branch to finalize your loan records.

Regardless of how you apply for a loan, it is possible to receive your funds within a few business days of the final loan approval.


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