When people need to borrow money and can not borrow from the bank for one reason or another, they look for lending companies like Mariner Finance to help. Many lending companies can provide both secured and unsecured loans for a variety of uses. 

Mariner Finance is one lending company that offers loans to people with a range of credit scores. If you are considering applying for a Mariner Finance loan, you should be aware of its policies and procedures. This will allow you to make an educated decision regarding your finances.

Mariner Finance at a Glance

Mariner Finance is a lending company that offers personal loans, debt consolidation loans, car loans, and home loans. The company is based in Baltimore, Maryland. It offers loans in any amount ranging from $1,000 to $25,000. Repayment time can be anywhere from one to five years depending on the terms of your loan. While it does offer unsecured loans, it also offers secured loans and allows co-signers. For people who can not get a loan based on their own credit, the help of a co-signer with decent or good credit can help greatly. 

There are more than 450 Mariner Finance branches in 22 states around the country as well as a website where people can apply. People who apply for Mariner Finance loans typically use the money for the following:

  • Unexpected expenses
  • Vacation
  • Home improvement
  • Debt consolidation
  • Financing and refinancing a car
  • Mortgages
  • Home refinancing loans
  • FHA loans
  • VA loans

If you need to borrow money for one of the above reasons, or perhaps for something different, there are several things you need to do before applying to see if you qualify.

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How do I apply for a Mariner Finance loan?

You can apply for a Mariner Finance loan over the phone, online or at a branch location. To apply you must meet the following requirements:

  • Be 18 years or older
  • Be a U.S. citizen, permanent resident, or have an immigration visa
  • Have a social security number
  • Have a government-issued ID
  • Show proof of income
  • Live in one of the states that Mariner Finance services

If you are applying for a secured loan, it’s important to know that you will likely be asked to provide collateral. This is typically something that has a title such as a car, motorcycle, or trailer.

Mariner Finance will do a soft credit check, so it will not impact your credit rating. A soft credit check is only visible to you when you view your credit report. If you are applying online, Mariner Finance offers an online live chat box so you can ask any questions you may have. This is done in real-time, so you can get the answers you need right away.

What type of credit do I need to have to qualify for a Mariner Finance loan?

Mariner Finance does not indicate that you need to have a certain credit score to be eligible to apply for a loan. You can attempt to apply for a loan regardless of your credit score to see if you qualify. They do offer loans to people with poor credit as well as those who have declared bankruptcy (under specific underwriting agreements).

Many people also ask if there is a maximum debt-to-income ratio for applicants. They do not disclose this information on its website. If this is a concern, it will come up in your credit check.

What interest rate can I qualify for?

Mariner Finance offers interest rates on loans that are considered to be very high. Rates vary from 24%-36%. Due to the high interest rates, the majority of people who borrow from them generally have poor credit. Anyone with a solid credit rating should be able to borrow from somewhere else that offers a lower interest rate. 

Mariner Finance’s interest rates are locked. So while they won’t go any higher, they also can’t get any lower for the duration of the loan.

How long before I know if I’m approved?

Mariner Finance offers its customers the option of seeing if they’re pre-qualified. Through its website, customers can put in personal information as well as how much money they wish to borrow. By checking offers, they can see what they’re qualified for.

Some people find out about Mariner Finance through a pre-qualified offer they receive by mail. There is a special code to input to check what you qualify for. Doing this will not impact your credit score.

If you apply for a loan online you will know if you’re qualified in a matter of minutes. If you apply at a branch, it will take slightly longer. Depending on the amount of money you wish to borrow, you may be required to visit a branch to apply. Once you’re approved, you can typically expect to receive your loan money within two business days. 

What happens if I’m not approved for a loan from Mariner Finance?

If you are rejected, ask about the reasons behind the decision. This will allow you to try to improve your credit. Once your credit improves, you can try to re-apply for the loan. You may also consider other options.


From 4.99%

Estimated APR


Min. Credit Score


Available Terms*

Up to $100,000




Estimated APR


Min. Credit Score

3 - 180 Months

Available Terms*

Up to $50,000



5.99% to 35.99%

Estimated APR


Min. Credit Score

3 - 36 Months

Available Terms*

Up to $5,000


Are there any fees involved with the loans?

Mariner Finance does not charge any prepayment fees. But, you may be subject to a loan origination fee depending on where you live. Late fees can also be charged. This amount also varies from state to state. If you are considering a loan from them, you would have to check the rates where you live as they do not advertise fee ranges on their website.

Mariner Finance offers its borrowers the option of taking out credit insurance. This covers your loan if you can’t pay it back due to death, accident, illness, or involuntary job loss. But, if you choose credit insurance, it will add to the cost of your loan. You need to decide if this is necessary when taking out the loan.

Will getting a loan from Mariner Finance help my credit?

As with any other type of debt payment, if you make your payments on time, you could see your credit score improve over a few months. They report to all three main credit reporting agencies.

Remember, that if you default on your payments, this will also be reported to the credit agencies and will reflect negatively on your credit score. If you are having trouble making your payments, it’s best to contact Mariner about your situation to see if a payment plan can be worked out.

The Bottom Line

If you are considering applying for a loan from Mariner Finance, here’s the bottom line:

  • Expect to pay high interest rates of anywhere between 24%-36%.
  • Secured loans may require collateral.
  • You can have a co-signer on your loan.
  • Mariner Finance loans are only allowed in 22 states (as of this writing) and you must live in one of them to apply.
  • You may be faced with an origination fee depending on where you live.
  • There are no prepayment fees.
  • You can apply for a loan online or at a Mariner Finance branch.
  • Once approved, you can expect to receive your money in about 2 business days.

As you consider which lending company to use for your loan, be sure to look at several different options before making a final decision. You want to make sure the company you’re choosing is the right one for your financial situation.

Mariner Finance FAQ

What is the Mariner Finance login page?

If you already have an account, you can login or make a payment by going to the Mariner Finance login page.

Is there a Mariner Finance location near me?

You can find a Mariner Finance branch by using the branch locator.

What is the Mariner Finance phone number?

You can contact them by calling 877-310-2373.

What are the hours of operation at Mariner Finance?

Monday: 9:00 a.m. – 5:00 p.m. 

Tuesday: 9:00 a.m. – 7:00 p.m.

Wednesday: 9:00 a.m. – 5:00 p.m. 

Thursday: 9:00 a.m. – 5:00 p.m. 

Friday: 9:00 a.m. – 5:30 p.m.

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