OneLoanNow Review | Fees, Complaints & More

Getting a loan can be stressful and scary, and gets worse when you have to find different lenders. OneLoanNow makes it easy to get the loan you require by connecting you with multiple lenders through a single application. Keep reading to learn more about their services, loan application process, rates and fees.

What is OneLoanNow?

OneLoanNow provides the easiest and fastest way of finding the best loan offer from various lenders. They help you find personal loans quick through a seamless process. This Delaware-based loan aggregator doesn’t charge any fees for the hassle-free financial assistance they provide. You can get your hands on a loan as quickly as the next business day. OneLoanNow is powered by Leads Zoom, a leading funding platform.

What services do they offer?

OneLoanNow is among the very few lending portals that allows borrowers to request an amount as high as $50,000. Most lending aggregators offer personal installment loans that are capped at $5,000. 

It is important to understand that OneLoanNow does not provide loans – they are a lending network that connects borrowers with potential lenders. You can get your personal installment loan quickly through their portal by filling a single application. The loan offered can be used for the following purposes:

  • Bills & Expenses
  • Lifestyle
  • Medical Bills
  • Major Purchases
  • Vehicle Repairs
  • Debt consolidation
  • Moving expenses
  • Emergency situation
  • Business needs
  • Rent or mortgage payment

OneLoanNow connects lenders and borrowers for the following types of loans:

  • Personal installment loans
  • Peer-to-peer loans
  • Bank personal loans

There are separate capping limits for different types of loans. You won't be able to find the repayment terms and APR unless you submit an online application. The OneLoanNow team will forward your loan application to multiple lenders on their network to find pre-approved options for you to choose from. The best part about OneLoanNow is that the APR rates start from 3.84%, which is the lowest in the industry.

How does OneLoanNow work?

The entire OneLoanNow process is completely online. You don’t need to wait in line or sit by the phone for the loan to be approved. The best part is that the zero-hassle loan aggregator uses a data encryption method that is used by various banks across the country. You don’t need to worry about furnishing sensitive details, such as Social Security number and Driver’s license.

Loan eligibility

The most difficult step in the entire process is filling out the application form – from there, it’s all easy. Even though OneLoanNow doesn’t provide the loans, they do have a set of eligibility criteria that all potential borrowers are required to meet. These are universal and basic requirements, such as:

  • Valid Social Security Number
  • U.S. citizen or permanent resident
  • Employed, self-employed, or receiving benefits
  • 18 years or older

In most cases, the lender will require a valid checking account to deposit your funds. It is vital that you have these details handy before starting the application process. Meeting these eligibility requirements is not a guarantee that you will get a loan. These are basic requirements required by OneLoanNow lending partners to consider a loan.

Loan requirements

It has never been easier to fill a loan application. All you need to do is fill out a simple form. The online process is completely secure and can be finished in minutes. There are no hassles or wait times. Once you have filled out the form, you will be connected with different lenders. You can take your pick depending on the loan terms you want.

There are several steps in the application form. You would need to fill in your name, email address, and date of birth on the first page. You will also be asked about the amount and purpose of loan required. Other questions asked by OneLoanNow in the application form include:

  • Whether you have $10,000 in credit card debt
  • Whether you are a homeowner
  • Whether you are in active military duty
  • Social security number
  • Driver’s license
  • Income source
  • Estimated credit rating
  • Checking account information

It is important that you fill out all the details correctly since the loans are usually pre-approved. Any discrepancy in information will render the loan terms redundant, requiring you to start the process all over again.

Lending options

You can find a loan option on OneLoanNow whether you have excellent or poor credit. Your chances of getting a loan are better when you have a regular monthly income. Make sure you review the loan terms carefully. The lender will send papers that will need to be e-signed. You may be able to collect your funds in a single business day.

The Annual Percentage Rate or the APR is an important factor to consider when borrowing. This is the rate at which the loan will accrue interest. Different lenders will have different APRs based on the following:

  • Amount of loan
  • Cost of loan
  • Term of loan
  • Repayment terms
  • Timing of payments
  • Final payoff

OneLoanNow will not reveal the APR or the repayment terms until you have filled out an application form. By law, the lender is required to show the APR before they ask you to sign the loan agreement. As OneLoanNow will not be giving you the loan, they cannot divulge the APR before you furnish your complete details.

Rates and fees

OneLoanNow is not a lender. They don’t charge anything for the services offered. As such, they also don’t have any control over the APR charged by their lending partners. Their website shows the APR range based on data from different lenders.

  • Minimum APR: 3.84%
  • Maximum APR: 35.99%

Repayment terms

In general, most personal loan products have a minimum repayment period of 62 days and a maximum limit of 72 months. Most borrowers choose a 6-month repayment term. You may be able to obtain an alternative product if you don’t qualify for a standard loan product based on your unique circumstances.

Pros & Cons


  • All credit scores are welcome
  • Loans up to $50,000
  • Minimum APR is 3.84%
  • Zero obligation process
  • Maximum borrowing amount is $50,000


  • No control over the APR
  • Minimum borrowing amount is $1,000
  • Requires application form to be submitted for loan term


What types of loans does OneLoanNow offer?

OneLoanNow is not a lender and doesn’t offer the loans. They are an online loan funding portal that connects lenders with potential borrowers. Three types of loans are currently offered by the portal – peer-to-peer loans, personal installment loans, and bank personal loans

How can I qualify for a loan?

Borrowers can qualify for the loan as long as they meet the minimum requirements. You don’t need a perfect credit score to be approved for the loan. However, loan approval ultimately depends on the lending partners since they are the ones providing the loan and not OneLoanNow.

Will OneLoanNow pull the credit score?

OneLoanNow and its lending partners may perform a soft or hard pull on your credit score. Generally, a soft pull is performed to identify the credit score. A hard pull is made during the final stages of the lending process. OneLoanNow abides by the Fair Credit Reporting Act.

Can non-US customers apply?

OneLoanNow only works with US residents and US lenders currently. However, the team plans to work with international lenders that can serve non-US borrowers in the near future.

How much can I borrow?

OneLoanNow will connect you with their lending partners from whom you can borrow $1,000 to $50,000. The loan approval amount depends on a wide array of factors, such as monthly income, credit score, and purpose of loan, among others. APR and other terms of the loan can differ greatly between different lenders.

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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