If you have bad credit and need an urgent loan, get help from Mariner Finance. This article will give you an overview of how Mariner Finance can help people overcome financial difficulties.

What is Mariner Finance?

Launched in 1927 with headquarters in Maryland, Mariner Finance has over 480 branches across 27 states. They can help you get loan approval on the same business day. Mariner Finance is ideal for people who have declared bankruptcy, want to file a joint application, or require a co-signer. No minimum credit score required to get approved.

What services do they offer?

A personal loan from Mariner Finance can support a variety of requirements, including: 

  • Consolidating debts
  • Completing a home improvement project
  • Getting funds for a vacation or wedding
  • Covering unexpected expenses like appliance malfunctions or car maintenance

Note: Borrowers cannot use loan facilities to finance illegal activities.

Mariner Finance offers services that allow:

  • Live check/loan-by-mail offer

    The live check or loan-by-mail can be signed and cashed by the recipient, allowing Mariner Finance to connect with new customers. This loan does not require an application. Mariner Finance serves customers who fulfill their underwriting standards, including debt repayment background and credit usage. 

    Note: The Mariner Finance loan-by-mail product has been the subject of several complaints with the Consumer Financial Protection Bureau.

  • Insurance option

    Mariner provides applicants with the alternative of credit insurance, which covers your loan if you are incapable of making payments because of unforeseen circumstances such as job loss, illness, accident, or death.

    But this insurance increases your loan expenses and may be redundant if you already own a life or health insurance policy.

How does Mariner Finance Loan work? 

You can apply for a Mariner Finance personal loan over the phone, in a branch, or digitally in about five minutes. You may validate with a government-issued photo ID, like a driver's license or passport, and employment proof. Mariner Finance verifies through pay stubs but can acknowledge bank records, W-2 or 1099 forms, individual tax returns, or Social Security award letters.

Things you need

You should also bring the following things if you apply at a branch: 

  • Social Security card
  • Utility bill or a signed lease as proof of residency
  • If self-employed, a copy of your most recent tax return and your bank statement copies

When you apply for a loan online, a soft inquiry is conducted, which will not harm your credit score. As part of your application process, Mariner Finance will hard pull your credit again, which may temporarily lower your score.

Processing and tools

You will be notified of the decision within one business day. If you are approved, you will be able to evaluate customized loan offers that could be suitable for your needs. In addition to offering secured and co-signed personal loans, Mariner Finance also provides unsecured loans depending on your credit history. They provide many tools.

  • You can handle many aspects of the loan process online.
  • Based on your loan, you can start and finish the application.
  •  You may keep track of and pay off your loan.
  •  You can send an email to customer service with any questions or concerns.
  •  You can locate the Mariner Finance branch closest to you.
  •  You should also sign up for MoneySKILL, the online program that assists customers in managing their financial affairs.

Qualification requirements 

You are eligible for a Mariner Finance personal loan if your credit score is fair to good. Loans between $1,500 and $15,000 can get funded online. Loans under $1,500 or higher than $15,000 get funded via Mariner Finance branches. Personal loans are available in sums ranging from $1,000 to $25,000, with the upper and lower limits determined by your state of residency and underwriting.

Rates and fees vary by state, loan amount, term, and capacity to achieve Mariner Finance's credit eligibility requirements. This factor includes credit records, earnings, borrowing, and financial assets available as collateral.

Minimum credit score 

Mariner Finance does not set a minimum credit score for borrowers to qualify for a loan. The loan company analyzes all loan applications in an integrated way. Based on underwriting requirements, applicants who have declared bankruptcy may get approved for a personal loan.

Rates and fees 

Mariner Finance personal loans have Annual Percentage Returns (APRs) ranging from 18.99% to 35.99%. There is no prepayment penalty or origination fee.

Loan offers may be subject to additional fees, and some fees required or permitted by your state may get treated as prepaid finance charges.

Repayment terms 

The repayment terms can vary between 1 to 5 years. Borrowers can pay fees by phone, online, via mail, or directly at a branch. You can enable automatic payments, and if you pay off your loan early, you don't get penalized.

Loan offers are subject to higher fees. Some fees required or allowed by your state could get regarded as prepaid finance fees. These are one-time charges that must be paid on top of the regular loan payments.

Pros & Cons


  • Loans with low minimums: The $1,000 personal loan minimum is ideal for people who do not want or need to take out a big loan.
  • Multiple options for application: Unique from other online lenders, it allows you to apply for a personal loan in many ways. You can submit an application online, over the phone, or in-person at a branch. You can collect your check directly if you live nearby.
  • Bad credit loans: Mariner Finance loan is ideal for people with poor credit who have declared bankruptcy or require a joint applicant or co-signer to be eligible.


  • Requires a branch visit: If you need a personal loan of less than $1,500 or more than $15,000, you need to apply at a branch. Branches are available in 24 states.
  • High-interest rates: Mariner Finance's interest rate is steep as it starts at 18.99 % APR. Qualified borrowers can find low-interest rates anywhere else.
  • Autopay has no rate reduction: Unlike other lenders, Mariners Finance does not reduce its rates with autopay.

Need a Personal Loan?


Where does Mariner Finance Loan do business?

Mariner Finance has over 480 branches nationwide and serves in 27 states:

  1. Alabama
  2. Arizona
  3. California
  4. Delaware
  5. Florida
  6. Georgia
  7. Illinois 
  8. Indiana
  9. Kentucky
  10. Louisiana
  11. Maryland
  12. Michigan
  13. Mississippi
  14. North Carolina
  15. New Jersey
  16. New Mexico
  17. New York
  18. Ohio
  19. Oregon
  20. Pennsylvania
  21. South Carolina
  22. Tennessee
  23. Texas
  24. Utah
  25. Virginia
  26. Washington
  27. Wisconsin

Is the lender trustworthy?

Mariner Finance is not accredited by the Better Business Bureau, but has an A-plus rating. TrustPilot gives Mariner Finance 4.6 out of 5 stars from 169 reviews, which is an above-average rating.

In 2020, the Consumer Financial Protection Bureau received 46 complaints about Mariner Finance personal loans. The most common concerns were unpredictable interest rates and fees, difficulty repaying loans, inaccurate information on credit reports, and payment issues. The business responded quickly to all grievances, which were all resolved.

What Is the customer service like at Mariner Finance?

They provide good customer care based on online feedback. Contact your local Mariner Finance branch or call 877-310-2373 if you have a question or need a problem addressed. The company is open from 9 am to 5 pm on Monday, Wednesday, and Thursday; Tuesday, 9 am to 7 pm; and Friday, 9 am to 5:30 pm.

You could also reach out to the company through its website, marinerfinance.com, by clicking on Customer Support in the upper left corner. When you scroll down, you will see a “Send a message" button. Click the button, fill out the form and wait for the response.

What is Mariner Finance's distinguishing feature?

Loans are secured or co-signed: Borrowers get loans by offering assets as collateral/security or adding a co-signer to their application. This will reduce interest rates or increase the loan amount. Either way, you may face consequences if you fail to repay the loan. A secured loan allows the lender to repossess your vehicle, and a co-signer is liable for missed payments.

Pre-qualification using a soft credit check: Mariner Finance allows borrowers to pre-qualify online to check their potential rate and amount without affecting their credit. A few applicants get referred to a branch even if no offer gets made.

Money back: Borrowers have 15 days after receiving their loan to return. There are no fees or interest to pay, which is uncommon among lenders.

Who should use Mariner Finance Personal Loans?

Mariner Finance Personal Loan is an excellent choice for people who:

  • Need money quickly
  • Have low credit scores and may have filed for bankruptcy
  • Can afford potentially high-interest rates
  • Live in any of the 27 states where the company serves

About the author Greg Lorenzo

Greg is a financial expert who has been advising his audience on loans for over 10 years. He has a wealth of knowledge and experience in the area, and he is passionate about helping people get the best possible deal on their loans. Greg is an expert in negotiating loans, and he has a proven track record of getting his clients the best possible terms. He is also a strong advocate for financial literacy, and he regularly gives workshops and seminars on the topic.

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