Payday loan, title loan, personal loan, or advance loan -- Getting a line of credit -- Complaint #18843548
Complaint Overview
Complaint ID: 18843548
Company: Onemain Finance Corporation
Product: Payday loan, title loan, personal loan, or advance loan
Sub-Product: Personal line of credit
Issue: Getting a line of credit
State: New Jersey
ZIP Code: 07701
Date Received: 2026-01-19T12:00:00-05:00
Date Sent to Company: 2026-01-19T12:00:00-05:00
Company Response: Closed with explanation
Timely Response: Yes
Consumer Disputed: N/A
Submitted Via: Web
Consumer Narrative
I provided collateral/security to One Main Financial in connection with an application to extend credit on behalf of the principal XXXX XXXX XXXX XXXX One Main Financial received and retained my collateral but failed to extend any credit, funds, interest, or title in exchange for that collateral. Despite receipt of my security, One Main Financial has not performed under the agreement or provided any consideration. They have retained my collateral and benefited financially from it while providing nothing in return. I have made requests for clarification, performance, and/or return of my collateral, but the matter has not been resolved. The dates of request are XX/XX/year>, XXXX and XX/XX/year>. This constitutes a failure of consideration, breach of agreement, and unjust enrichment. One Main Financial is improperly retaining my security without extending credit or returning the collateral. I am filing this complaint in an effort to exhaust administrative remedies before pursuing formal legal action. I am requesting that One Main Financial : Provide written explanation of why credit was not extended after receipt of collateral Return my collateral immediately, and Provide an accounting of any use or benefit derived from my security If unresolved, I intend to pursue court remedies for unjust enrichment and related claims.
Frequently Asked Questions
What is Complaint #18843548 about?
Complaint #18843548 was filed against Onemain Finance Corporation regarding Payday loan, title loan, personal loan, or advance loan specifically about Getting a line of credit. It was received by the CFPB on 2026-01-19T12:00:00-05:00.
How did Onemain Finance Corporation respond to this complaint?
The company responded with: "Closed with explanation". The response was timely.
What is the risk level of this complaint?
See the risk assessment section for details on this complaint's risk profile.
How do I file a similar complaint?
You can file a complaint with the CFPB at consumerfinance.gov/complaint. Select the appropriate product category (Payday loan, title loan, personal loan, or advance loan) and describe your issue in detail.
Can I see other complaints against Onemain Finance Corporation?
Yes, visit the Onemain Finance Corporation company profile at readthecomplaint.com/company/onemain-finance-corporation to see all complaints, risk scores, and analysis.
Disclaimer
This analysis is AI-generated based on publicly available CFPB complaint data. It does not constitute financial or legal advice.