iLoan
| Industry | Financial Services |
|---|---|
| Products | Online personal loans, installment loans |
| Website | iLoan.com |
iLoan is a lending brand that offers online unsecured personal loans to consumers with the goal of creating a convenient and personalized customer experience.
iLoan uses proprietary data and analytics to review loan applications and provide approved applicants with customized loans.
History
iLoan was introduced in 2015 as an Internet lending brand of Springleaf Finance, Inc., now known as OneMain Holdings, Inc., following Springleaf’s acquisition of OneMain Financial.[1]
In September 2015, iLoan began issuing loans in California. The brand has since expanded, now issuing loans in eight states, as of December 2015. According to its CEO, Jay Levine, OneMain plans to continue to roll out iLoan’s products to additional states incrementally.[2]
Services
iLoan offers unsecured personal loans for a variety of purposes, including debt consolidation and major purchases.
References
- ↑ "Springleaf Renames Itself After Closing Purchase of Citi's OneMain". American Banker. November 17, 2015.
- ↑ "Springleaf Holdings' (LEAF) CEO Jay Levine on Q3 2015 Results - Earnings Call Transcript". Seeking Alpha.