EVANSVILLE, Ind.--(BUSINESS WIRE)--OneMain Financial has implemented a Borrower’s Assistance program to provide relief to customers affected by the recent tornado in Tennessee. The program, which went into effect March 5, will give eligible customers options, including deferring loan payments. The program is slated to end April 5 and includes eligible customers in three Tennessee counties: Davidson, Wilson and Putnam.
OneMain has also made a charitable contribution to the Second Harvest Food Bank of Middle Tennessee, which distributes food to partner agencies, including afterschool programs, soup kitchens, senior centers and other nonprofits that provide food to needy Tennesseans. Additionally, OneMain team members in the region will be offered the opportunity to volunteer during work hours to help affected community members.
“OneMain was built on the premise of helping people in difficult situations, and we are sympathetic to the hardships our customers in Tennessee are facing as a result of the tornado,” said Gary Fulk, Senior Managing Director at OneMain Financial, who oversees the affected branches. “We want to help affected customers and encourage them to contact us if they need assistance with their loans.”
OneMain currently has more than 50 branches in the state, employing about 215 people. It services more than 73,000 customer accounts with outstanding receivables of approximately $576 million in Tennessee.
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 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 more than 1,500 locations throughout 44 states, the company is committed to helping people with their personal loan needs. OneMain and its 9,500 team members are dedicated to the communities where they live and work. For additional information, please visit OneMainFinancial.com.