The Complete Guide to Mariner Finance Loans 2024

Are you looking to get the full scoop on Mariner Finance? Here’s a comprehensive guide for you about Mariner Finance loans, credit and more.

In this article, we will give you all the information to get a fair loan from Mariner. You can get knowledge about simple terms, loan options, credit services, account management, and more – even tips on qualifying for the best rates. So, continue your reading to be informed and win your goal.

What Is Mariner Finance?

Mariner Finance is a consumer finance company that provides personal installment loans and lines of credit. They offer loans from $1,000 up to $25,000 with repayment terms from 24 to 60 months. Mariner Finance has over 490 branch locations across 26 states, so there’s probably an office near you.

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Types of Loans Offered By Mariner

When you need cash fast, Mariner Finance offers several loan options to meet your needs. Their loan options are:

  • Personal installment loans: Personal loans from $1,000 to $25,000 give you the flexibility to pay off high-interest debt. You’ll pay a fixed rate based on your credit, with APRs typically ranging from 15.99% to 29.99%. Loans paid back will over in 2 to 5 years.
  • Lines of credit: You have access to up to $25,000 that you can draw from as needed and only pay interest on the amount borrowed. This is a good option if you have fluctuating expenses or income. The APR is lower than a credit card, around 15.99% to 29.99%, and you can repay it over 24 to 60 months.
  • Secured personal loans: Loans from $5,000 to $50,000 secured by collateral like your vehicle. Loan amounts depend on your vehicle’s value. If you own a vehicle, a title loan uses your auto title as collateral so you can access cash quickly. It offers lower rates and longer terms up to 6 years.

In all offers, while their rates are higher than traditional banks, but it may be a good alternative when you need money fast and have limited options.

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Who Qualifies for a Loan from Mariner?

The basic qualifications for a Mariner Finance loan are:

  • Be at least 18 years old
  • Have a steady source of income
  • Have a bank account
  • Have a valid government-issued ID

Mariner Finance considers applicants with bad credit, so you may still qualify even if you have a low credit score or past credit issues. However, those with bad credit may face higher interest rates.

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How Much Does It Cost?

Interest rates on Mariner Finance loans typically range from 16.99% to 29.99% APR depending on your credit score and the specific loan offer. There are also some fees to be aware of:

  • Origination fees: Around 5% of the loan amount. Deducted from your loan proceeds.
  • Late payment fees: $15 or 5% of the payment amount, whichever is greater.
  • Returned payment fees: $15 for each returned payment.

While the rates and fees may seem high compared to other lenders, Mariner Finance can be a good option if you have bad credit and limited choices. Mariner Finance aims to provide access to credit for those who may struggle to get approved elsewhere.

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Applying for a Loan With Mariner Finance

The application process for mariner loan is straightforward and can often be completed online in under an hour.

To apply, you’ll need to provide some basic information like your name, address, Social Security number, and income. This finance prides itself on not judging you based on your credit score alone. They evaluate each application holistically by also considering your income, expenses, occupation, and other factors. Even those with bad credit may be approved, though you may face higher interest rates.

Once approved, you can expect funds to be deposited directly into your bank account as soon as the next business day. Mariner Finance does charge some fees like an origination fee of up to 4% of the loan amount. Late fees may also apply if you miss or delay a payment. However, there are no prepayment penalties if you wish to pay off your loan early.

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How long does Mariner Finance take?

When you apply for a loan with Mariner Finance, the time it takes to get approved and receive your funds can vary depending on a few factors. In most cases, you can expect the entire process to take between 2 to 7 business days.

The first step is submitting an application, either online, over the phone, or in person at a branch. Mariner aims to review applications and make a decision within 1 to 2 business days. Once approved, you’ll receive your loan documents to review and sign, which usually takes another 1 to 2 days.

After signing, your funds will be disbursed into your bank account. This final step typically takes 1 to 3 business days. The total time depends on how quickly you return your signed documents and your bank’s processing times.

How hard is it to get a loan at Mariner?

Getting approved for a loan at Mariner Finance is typically pretty straightforward, as long as you meet a few basic requirements. It is not much hard, if you can provide the necessary documents and proofs well. The most important information for the loans are:

  1. Keep your credit score above 600.
  2. Provide your proof of income.
  3. Shop around at other lenders.

If you go in prepared, build a relationship with them, and continue making on-time payments, they can be a great resource for your borrowing needs.

Does Mariner Finance check credit?

You may be wondering if Mariner Finance checks your credit before approving you for a loan. The short answer is yes, they do review your credit history. However, unlike traditional banks and lending institutions, Mariner Finance specializes in lending to those with bad or no credit. So while they will check your credit, they take other factors into account as well.

The good news is that Mariner Finance reports your payment information to the credit bureaus. So if you make on-time payments, it can help you build or rebuild your credit over time.

How do I pay my Mariner Finance bill?

Paying your Mariner Finance bill is simple. You have a few convenient options to choose from each month.

The most popular way to pay is online through Mariner Finance’s website. Once you log in to your account, you can view your current balance and due date. Select “Make a Payment” and choose either a one-time payment or set up automatic payments. For one-time payments, you’ll enter your bank account information or debit/credit card number. For automatic payments, the amount due each month will be deducted from your account on the due date.

In person payments are accepted at any Mariner Finance branch location during business hours. Stop by your local branch with cash, check, or money order in hand. They can instantly credit your account and provide a receipt for your records.

What are Mariner Finance interest rates?

Mariner Finance offers personal loans and credit products with interest rates that can range from 9% to 36% APR, depending on your credit score and the specific loan or credit product. As with any lender, the better your credit score and credit history, the lower your interest rate will typically be.


Mariner Finance loans and credit services can be super helpful, but you have to understand all the fine print first. Now you know what to expect from start to finish, so you can walk into any Mariner branch with confidence.

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