Sometimes life happens. You’re in a pinch and need a couple thousand dollars to get you through the next few months. Or maybe you want to start a business, and could use a little funding to get your idea off the ground. Perhaps you’re looking for a debt consolidation solution to help you destroy your credit card debt once and for all.
These are the situations AmOne aims to help. AmOne doesn’t offer direct personal loans, but the company can connect you with lenders willing to work with your situation. Most of the loans offered through AmOne are unsecured, meaning you don’t need to offer anything — like a car title or your home equity — as collateral.
What is AmOne?
AmOne is a referral lending website that reports having helped borrowers secure more than $4 billion in business and personal loans during its 18 years in operation. Its main competitors are other marketplaces — such as LendingTree — and peer-to-peer lending sites, including Lending Club.
Rather than trying to find lenders ready to provide you with a loan, AmOne takes your information and matches you with options that fit your circumstances. You can choose from the loans available and compare them with offers you might have from direct lenders you’ve already contacted.
It’s possible to use AmOne to look for unsecured loans for business, debt consolidation, or any other purpose. AmOne’s lenders offer up to $200,000 for unsecured business loans and up to $100,000 for unsecured personal loans.
How to use AmOne to apply for business or personal loans
Applying for a loan with AmOne is fairly straightforward. Start by entering the type of loan you’re looking for and the amount, along with your estimated credit score.
The next screen asks you to provide the following information:
- Email address
- Phone number
- ZIP code
- Whether you own or rent
- Your annual income
- Your occupation
- Amount of credit card debt you have
- Whether you’ve filed for bankruptcy
Once you submit the form, you’ll be shown your possible matches.
If you click on “continue,” you are taken to the lender’s website to complete the process of applying for the loan. If you don’t qualify for any loans, AmOne will put you in the queue to be contacted directly for other solutions, such as credit repair. AmOne also provides a phone number you can call to talk about various loan and credit repair options.
How to find a debt consolidation option with AmOne
You follow a similar process when looking for help with debt solutions from AmOne. AmOne connects consumers with debt consolidation loans, debt management help, and debt settlement services.
After entering the full amount you owe, you are taken to a form that asks for the same information as the personal loans form, along with the amount you hope to consolidate. However, your results might be slightly different for a debt consolidation loan.
If you want a referral beyond a debt consolidation loan, though, you might need to call AmOne or chat with someone live online. My efforts to find a debt management or debt settlement program referral online just kept bringing me back to debt consolidation loans.
If you decide to use the phone or chat options, AmOne provides credit experts and “financial search specialists” to help you review your options and refer you to alternatives so that you can get back on track.
Loan terms and eligibility requirements for AmOne personal loans
It’s important to remember that AmOne is not a direct lender. The site can match you with lenders, but the terms offered depend on the lenders themselves. Individual lenders have their own credit requirements and their own interest rates.
You won’t actually know what you qualify for until you apply. AmOne asks for your estimated credit score, so you don’t need to worry about a credit check upfront. Once you start applying for loans with the actual lenders, your credit will be checked to verify your eligibility and set your terms.
The Better Business Bureau (BBB) gives AmOne an A+ rating. However, there are no AmOne reviews listed on the BBB’s website, and the company isn’t BBB Accredited.
But even though there aren’t any BBB reviews, if you look at AmOne reviews from consumers online, you do see some pretty high ratings. Ratings on CreditKarma, Consumer Affairs, and Trust Pilot are mostly positive.
The few negative reviews address issues such as the need to apply with each recommended lender, and disappointments with being unable to access information about credit repair and debt settlement directly.
How to contact AmOne
Should you use AmOne for personal loans?
The main advantage to AmOne is that you can receive different recommendations for potential lenders, based on your situation. AmOne doesn’t charge fees for its services because it makes money off commissions from originators and others.
Additionally, if you don’t qualify for any of the loans, AmOne might be able to help you find other solutions to help you manage your debt or repair your credit.
However, if you are looking for debt management or credit counseling, there are other resources you can turn to. The Department of Justice has a list of approved credit counselors. You can also get help from counselors certified through the National Foundation for Credit Counseling.
Interested in a personal loan?Here are the top personal loan lenders of 2018!
|Lender||Rates (APR)||Loan Amount|
|1 Includes AutoPay discount. Important Disclosures for SoFi.
2 Important Disclosures for Citizens Bank.
Citizens Bank Disclosures
|7.39% - 29.99%||$1,000 - $50,000|
|5.37% - 14.24%1||$5,000 - $100,000|
|8.00% - 25.00%||$5,000 - $35,000|
|4.99% - 16.24%2||$5,000 - $50,000||Visit Citizens|
|5.99% - 35.89%||$1,000 - $40,000||Visit LendingClub|
|5.25% - 14.24%||$2,000 - $50,000||Visit Earnest|