AmOne Personal Loans Review: Is It Legit?

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If you’re in the market for a personal, auto, or debt consolidation loan, the options can feel overwhelming. How do you know which lenders to approach and which offer is right?

Shopping around is the key, but that takes a lot of time and patience, but AmOne is here to help.

The online marketplace brings hundreds of lenders to one platform, helping you compare loan offers side-by-side.

Is AmOne legit? Is it worth using? Check out our AmOne review below.

Online Personal Loans
AmOne Personal Loans
AmOne Personal Loans
  • Loan Amount
    $1,000 - $100,000
  • Est. APR
    4.99% - 35.99%
  • Learn More
  • Loan Details

AmOne Loans Pros and Cons


  • Free to use
  • Easy to compare multiple offers side-by-side
  • Receive offers in minutes
  • Free help from customer service reps with the application or questions about your offers


  • Lenders don’t offer a lot of information until you talk with them directly
  • The lender research is still on your shoulders
  • There’s no guarantee you’ll find a lender you like

What Is AmOne?

AmOne isn’t a lender, but they’ll match you with great lenders for your personal loan needs.

Whether you need money for an emergency or you have a planned purchase in mind, AmOne can help you find the right lender.

Why use a marketplace?

AmOne helps you compare offers from several lenders rather than you applying with each lender individually.

It can save you money and time. You may even have access to lenders you wouldn’t know about or rates you wouldn’t get on your own.

How Does AmOne Work?

Like we said above, AmOne isn’t a lender, but you’ll complete an application to work with them.

All it takes is one application to get the ball rolling. AmOne uses the information you provide to match you with their partner lenders.

Here’s how.

AmOne knows each lender’s requirements – what they look for to approve borrowers. They take the information you provided and decide which lenders’ criteria you meet.

If there’s a match (or multiple matches), they pass your information along to the appropriate lender.

The lender sends you an offer. Chances are you’ll receive multiple offers that you can compare side-by-side.

You aren’t under any obligation to accept any offers, but if you do, you’ll work directly with the lender to close the loan and receive the funds.

AmOne doesn’t underwrite or fund the loans. Once you choose a loan and lender, their job is complete.

Here’s the best part – IT’S FREE. You pay nothing to use the loan matching service and may find the best loan for your situation.

What Does AmOne Offer Consumers?

AmOne offers consumers many ways to pay for unexpected and expected expenses. Here’s what they offer.

Personal Loans

Consumers can borrow up to $50,000 as a personal loan or an unsecured loan. Rates start at just 3.49% but depend on your credit score and qualifying factors.

You can use personal loan funds for anything you want – AmOne or the lender don’t tell you how to use the funds.

Debt Consolidation Loans

If you have high-interest debt, a debt consolidation loan may help you get organized. A debt consolidation loan brings all your debts together in one payment. The money received from the loan; you use to pay off your credit card debt.

This leaves you with one monthly payment. AmOne lenders offer debt consolidation loans from $2,000 – $50,000, helping you get out of debt.

Unsecured Loans

Unsecured loans are loans you don’t use collateral for but can borrow the money. Without collateral, you’ll pay higher APRs to make up for the risk of default.

Some lenders may offer lower loan amounts to avoid a major loss, but if you have great qualifying factors, you may be able to borrow closer to the $50,000 maximum.

Business Loans

AmOne offers business loans for startups and established businesses. Startups can usually borrow between $1,000 and $50,000, and established companies can borrow up to $350,000 depending on their qualifying factors.

Business loans are crucial to most businesses. They give you the capital needed to operate, buy new equipment, start your business, or expand.

On your application, let AmOne know why you need the funds so they can match you with the perfect lender.

Debt Management and Debt Relief

If you’re over your head in debt and don’t qualify for a debt consolidation loan with an AmOne lender, they can match you with companies offering debt management or debt relief programs.

A debt management program may offer you a lower APR to make it easier to stay on top of your debts and pay them off on time.

A debt relief program is a settlement program. It provides you with an affordable repayment plan so you can get ahead instead of always feeling like you’re drowning in debt.

Auto Loans

If you want to walk into a car dealership with a cash offer, or you’re buying a car from a private seller, a loan from one of AmOne’s partners may be the perfect solution.

You can get pre-approved before you shop for cars, so you know you’ll have the financing needed.

When ready, you can close on the loan and make an all-cash offer to the dealer, giving you a better chance at wheeling and dealing because the dealer knows you can go just about anywhere with your cash offer.

AmOne Loans Features and Benefits

Why do people love AmOne? Here are their top features and benefits.

Easy Online Form

You apply online. It takes just seconds to enter your information and get offers. Compare this to the numerous applications and conversations you must have if you shop around yourself, and you’ll see why it makes sense to use AmOne.

You provide your information one time and receive offers from several lenders, giving you the option to comparison shop with little legwork.

Get Connected with a Lender

It’s easy to get connected with lenders, some of which you may not have known about before.

AmOne filters your matches by only sending your information to lenders they know will accept your qualifying requirements.

Be as honest as possible on the application, and you won’t waste your time with offers you don’t qualify for.

Compare Rates

If there’s one rule about getting any type of financing, it’s that you must shop around. Taking the first offer thrown at you could cost you more interest or higher fees. Why waste the money?

When you work with AmOne, you have the luxury of comparing offers side-by-side. You’ll receive most offers in a matter of minutes, so it’s easy to have the information needed to compare rates and fees.

Totally Free

This is such an incredible benefit of AmOne. You can shop around FOR FREE. There’s no charge to use the marketplace even if you accept an offer.

The lender you choose will likely charge fees, so make sure you understand the loan’s total cost, but to use AmOne, you pay nothing.

AmOne Interest Rates and Fees

AmOne interest rates and fees vary by lender, just like they would if you shopped for lenders yourself.

Read the fine print and know the loan’s total cost, but AmOne lenders typically start their rates as low as 3.49% for great qualifying borrowers.

AmOne Loans Eligibility Requirements: What Do You Need to Apply?

Since AmOne works with many different lenders, the eligibility requirements vary. As with any loan, lenders have different requirements, but the better your credit score and qualifying factors are, the more likely you will get approved.

Try to have:

  • 640+ credit score
  • 43% or lower debt-to-income ratio
  • Liquid assets on hand
  • Stable employment
  • No recent derogatory credit

Is AmOne Free to Use?

Yes! This is what people love the most about AmOne. They make it simple to shop around for the best offer, and they don’t charge you a penny for their service.

The partner lenders pay them if you choose their offer and close on the loan.

How Does AmOne Compare to Other Lenders?

While AmOne offers multiple loan options and various other financial products, they are not the best. Here is who we like more.

#1. vs. AmOne caters to borrowers with bad credit or credit scores as low as 580. Most partner lenders offer loan amounts up to $35,000.

The APRs and fees vary based on your qualifying factors, but since they’re a ‘bad credit’ marketplace, you can expect higher rates and fees than you’d find with AmOne lenders.

>> More: Review

#2. CashUSA vs. AmOne

CashUSA is another online marketplace, helping borrowers find the perfect offer. Their loans start at $500 and go up to $10,000, which is much lower than AmOne lenders offer.

You get offers within minutes and work with the lender directly if you choose an offer. CashUSA terms range from 3 to 72 months, giving you options for repayment, but the longer terms you choose, the more interest you pay.

>>More: CashUSA Reviews

#3. Payoff vs. AmOne

Payoff is a direct lender, unlike AmOne’s marketplace. They offer APRs starting at 5.99%, but they can go up to 24.99% depending on your qualifying factors.

Payoff provides loans from $5,000 – $40,000, and they mostly offer debt consolidation loans to help you get out of credit card debt. Loan terms vary from two to five years.

>> More: Payoff Personal Loans Review

#4. AmOne vs. Avant Personal Loans

Avant is also a direct lender, but for borrowers with lower credit scores, usually as low as 600. They offer terms of two to five years, and they have flexible guidelines.

They don’t charge an origination fee, which saves you on costs, and you can change your payment date if your finances change and you need more time.

>> More: Avant Personal Loans Review

Frequently Asked Questions

Is AmOne a Legit Loan Company?

AmOne is a legit loan comparison website. They keep your information safe and help match you with legit lenders. If you don’t like shopping around for loans yourself, AmOne can help you get the loan offers you need.

Is AmOne a Direct Lender?

No, AmOne isn’t a direct lender. They match you with lenders who you work with directly. You provide AmOne with the basic loan qualifying information, and they pass it along to the lenders they think you’d be the best fit for. They don’t underwrite or fund any loans.

Does AmOne Do a Hard Inquiry?

No, AmOne only does a soft credit pull, similar to the credit pull you would do if you checked your credit.

Only once you accept an offer and work with a lender do you have a hard credit pull. Soft credit pulls don’t hurt your credit score.

Is AmOne Safe to Use?

Yes, AmOne is safe. But just like anywhere, always use caution when providing your personal information. Make sure your connection is private, and no one has access to the information you share.

Bottom Line: AmOne Loans Review

If you’re in the market for a loan, AmOne can help make the search easier. You’ll spend less time applying for loans and more time comparing offers.

As with any lender, do your research and ensure the lender is legit and has good reviews before accepting an offer.

Kim Pinnelli
Kim Pinnelli

Kim Pinnelli is a Senior Writer, Editor, & Product Analyst with a Bachelor’s Degree in Finance from the University of Illinois at Chicago. She has been a professional financial writer for over 15 years, and has appeared in a myriad of industry leading financial media outlets. Leveraging her personal experience, Kim is committed to helping people take charge of their personal finances and make simple financial decisions.