EVANSVILLE, Ind.--(BUSINESS WIRE)--OneMain Financial has implemented a Borrower’s Assistance program to provide relief to customers affected by the recent tornado in Texas. The program, which went into effect Oct. 23, will give eligible customers options, including deferring loan payments. The program is slated to end Nov. 23 and includes eligible customers in 16 Texas counties.
“OneMain was built on the premise of helping people in difficult situations, and we are sympathetic to the hardships our customers in Texas are facing as a result of the tornado,” said Danny Garza, senior managing director at OneMain Financial, who oversees branches in the state of Texas. “We want to help affected customers and encourage them to contact us if they need assistance with their loans.”
OneMain currently has 127 branches in the state, employing almost 900 people. It services 206,315 loans with outstanding receivables of almost $1.6 billion in Texas.
In addition to a possible deferment, the program ensures that eligible borrowers who have contacted a OneMain representative and been accepted into the program do not incur additional costs, including interest accrual, late fees and returned payment fees, due to program adjustments.
For more information, customers should visit OneMainFinancial.com or call 844-791-3990 to discuss assistance options.
About OneMain Financial
OneMain Financial (NYSE: OMF) has been offering responsible and transparent loans for over 100 years. With nearly 1,600 locations throughout 44 states, the company is committed to helping people with their personal loan needs. OneMain and its 10,000 team members are dedicated to the communities where they live and work. For additional information, please visit OneMainFinancial.com.