AmOne Review: Access Personal Loans and Debt Consolidation Loans

AmOne reviews

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.

AmOne reviews

The next screen asks you to provide the following information:

  • Name
  • 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.

personal loans

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.

AmOne reviews

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.

personal loans

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.

AmOne reviews

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

You can reach customer service at AmOne by calling 1-800-781-5187, or you can use AmOne’s live chat option. You can find AmOne on Facebook and Twitter.

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!
LenderRates (APR)Loan Amount 
1 Includes AutoPay discount. Important Disclosures for SoFi.

2 Important Disclosures for Citizens Bank.

SoFi Disclosures

  1. Terms and Conditions Apply: SOFI RESERVES THE RIGHT TO MODIFY OR DISCONTINUE PRODUCTS AND BENEFITS AT ANY TIME WITHOUT NOTICE. To qualify, a borrower must be a U.S. citizen or permanent resident in an eligible state and meet SoFi’s underwriting requirements. Not all borrowers receive the lowest rate. To qualify for the lowest rate, you must have a responsible financial history and meet other conditions. If approved, your actual rate will be within the range of rates listed above and will depend on a variety of factors, including term of loan, a responsible financial history, years of experience, income and other factors. Rates and Terms are subject to change at anytime without notice and are subject to state restrictions. SoFi refinance loans are private loans and do not have the same repayment options that the federal loan program offers such as Income Based Repayment or Income Contingent Repayment or PAYE. Licensed by the Department of Business Oversight under the California Finance Lender Law License No. 6054612. SoFi loans are originated by SoFi Lending Corp., NMLS # 1121636. (www.nmlsconsumeraccess.org)
  2. Personal Loans: Fixed rates from 5.49% APR to 14.24% APR (with AutoPay). Variable rates from 5.29% APR to 11.44% APR (with AutoPay). SoFi rate ranges are current as of December 1, 2017 and are subject to change without notice. Not all rates and amounts available in all states. See Personal Loan eligibility details. Not all applicants qualify for the lowest rate. If approved for a loan, to qualify for the lowest rate, you must have a responsible financial history and meet other conditions. Your actual rate will be within the range of rates listed above and will depend on a variety of factors, including evaluation of your credit worthiness, years of professional experience, income and other factors. Interest rates on variable rate loans are capped at 14.95%. Lowest variable rate of 5.29% APR assumes current 1-month LIBOR rate of 1.34% plus 4.20% margin minus 0.25% AutoPay discount. For the SoFi variable rate loan, the 1-month LIBOR index will adjust monthly and the loan payment will be re-amortized and may change monthly. APRs for variable rate loans may increase after origination if the LIBOR index increases. The SoFi 0.25% AutoPay interest rate reduction requires you to agree to make monthly principal and interest payments by an automatic monthly deduction from a savings or checking account. The benefit will discontinue and be lost for periods in which you do not pay by automatic deduction from a savings or checking account.

Citizens Bank Disclosures

  1. Personal Loan Rate Disclosure: Variable rate, based on the one-month London Interbank Offered Rate (“LIBOR”) published in The Wall Street Journal on the twenty-fifth day, or the next business day, of the preceding calendar month. As of August 1, 2017, the one-month LIBOR rate is 1.23%. Variable interest rates range from 6.02% – 15.97% (6.02% – 15.97% APR) and will fluctuate over the term of your loan with changes in the LIBOR rate, and will vary based on applicable terms and presence of a co-applicant. Fixed interest rates range from 5.99% – 16.24% (5.99% – 16.24% APR) based on applicable terms and presence of a co-applicant. Lowest rates shown are for eligible applicants, require a 3-year repayment term, and include our Loyalty and Automatic Payment discounts of 0.25 percentage points each, as outlined in the Loyalty Discount and Automatic Payment Discount disclosures. Subject to additional terms and conditions, and rates are subject to change at any time without notice. Such changes will only apply to applications taken after the effective date of change.
  2. Loyalty Discount: The borrower will be eligible for a 0.25 percentage point interest rate reduction on their loan if the borrower has a qualifying account in existence with Citizens Bank at the time the borrower has submitted a completed application authorizing us to review their credit request for the loan. The following are qualifying accounts: any checking account, savings account, money market account, certificate of deposit, automobile loan, home equity loan, home equity line of credit, mortgage, credit card account, student loans or other personal loans owned by Citizens Bank, N.A. Please note, Citizens Bank checking and savings account options are only available in the following states: CT, DE, MA, MI, NH, NJ, NY, OH, PA, RI and VT. This discount will be reflected in the interest rate and Annual Percentage Rate (APR) disclosed in the Truth-In-Lending Disclosure that will be provided to the borrower once the loan is approved. Limit of one Loyalty Discount per loan, and discount will not be applied to prior loans. The Loyalty Discount will remain in effect for the life of the loan.
  3. Automatic Payment Benefit: Borrowers will be eligible to receive a 0.25 percentage point interest rate reduction on their student loans owned by Citizens Bank, N.A. during such time as payments are required to be made and our loan servicer is authorized to automatically deduct payments each month from any bank account the borrower designates. Discount is not available when payments are not due, such as during forbearance. If our loan servicer is unable to successfully withdraw the automatic deductions from the designated account three or more times within any 12-month period, the borrower will no longer be eligible for this discount.
7.39% - 29.99%$1,000 - $50,000Visit Upstart
5.29% - 14.24%1$5,000 - $100,000Visit SoFi
8.00% - 25.00%$5,000 - $35,000Visit Payoff
5.99% - 16.24%2$5,000 - $50,000Visit Citizens
5.99% - 35.89%$1,000 - $40,000Visit LendingClub
5.25% - 14.24%$2,000 - $50,000Visit Earnest
Advertiser Disclosure

Student Loan Hero Advertiser Disclosure

Our team at Student Loan Hero works hard to find and recommend products and services that we believe are of high quality and will make a positive impact in your life. We sometimes earn a sales commission or advertising fee when recommending various products and services to you. Similar to when you are being sold any product or service, be sure to read the fine print, understand what you are buying, and consult a licensed professional if you have any concerns. Student Loan Hero is not a lender or investment advisor. We are not involved in the loan approval or investment process, nor do we make credit or investment related decisions. The rates and terms listed on our website are estimates and are subject to change at any time. Please do your homework and let us know if you have any questions or concerns.