Sued by CitiFinancial / OneMain Financial? We'll Negotiate to Reduce What You Owe
CitiFinancial was a consumer lending division of Citigroup that made personal loans and second mortgages. Many CitiFinancial loans were transferred to OneMain Financial through a 2015 acquisition by Springleaf Financial. Consumers may be contacted about old CitiFinancial debts by OneMain or by debt buyers who purchased these accounts. These debts are often old enough that the statute of limitations has expired.
Type
Original Creditor
Parent Company
OneMain Financial
Common Debt Types
personal loan, home equity, line of credit
Common FDCPA Violations by CitiFinancial / OneMain Financial
Collecting on very old debts where the statute of limitations has expired
Confusion about account ownership after multiple transfers between entities
Improper calculation of balances on loans with complex interest structures
Failing to credit insurance or warranty payments that should have reduced the balance
Pursuing collection on loans where the consumer was misled about the terms
Your Situation With CitiFinancial / OneMain Financial
If CitiFinancial / OneMain Financial Has Not Sued You Yet
You have more leverage. Act now — this is the best time to negotiate.
- Pre-suit negotiations typically get better settlements
- If you are within 30 days of first contact, we send a debt validation letter
- Statute of limitations may bar the debt entirely
If CitiFinancial / OneMain Financial Has Already Filed a Lawsuit
Do not wait. The collector expects 70-80%, but we still push for less.
- You typically have a 30-day response deadline
- Missing the deadline can result in a default judgment
- Attorney negotiation still reduces the amount significantly
How We Handle CitiFinancial / OneMain Financial Cases
- Free case review. Tell us about the debt and whether you have been sued. We check the statute of limitations, screen for FDCPA violations, and determine if debt validation applies — at no cost.
- Debt validation (if applicable). If you are within 30 days of CitiFinancial / OneMain Financial's first contact, we send a debt validation letter via certified mail. This forces them to pause collection and prove the debt is valid.
- We evaluate your defenses. Common defenses against CitiFinancial / OneMain Financial include statute of limitations, lack of standing, incorrect amount, and FDCPA violations.
- Our attorney negotiates directly with CitiFinancial / OneMain Financial. We contact the collector, present your financial hardship, and negotiate a reduced settlement. We start at 40-50% and push for the lowest amount possible.
- Written settlement agreement. We get everything in writing before you pay — exact amount, payment deadline, dismissal with prejudice (if sued), and full release of claims.
- FDCPA counterclaim if applicable. If CitiFinancial / OneMain Financial broke the law, our attorney can countersue at no cost to you — the collector pays.
Your Rights When Sued by CitiFinancial / OneMain Financial
Right to demand proof they own the debt
Right to dispute the amount claimed
Right to raise statute of limitations defense
Right to countersue for FDCPA violations
Sued by CitiFinancial / OneMain Financial in Your State?
Frequently Asked Questions About CitiFinancial / OneMain Financial
What happened to CitiFinancial?
CitiFinancial was acquired by Springleaf Financial (now OneMain Financial) in 2015. Old CitiFinancial accounts may now be held by OneMain or may have been sold to debt buyers.
Is the statute of limitations expired on my CitiFinancial debt?
Possibly. Many CitiFinancial debts are quite old. Check your state's statute of limitations for the type of loan. If it has expired, you have a strong defense.
Who is collecting — OneMain or a debt buyer?
Check the lawsuit carefully. If a debt buyer is suing, they must prove the chain of title through potentially multiple transfers. This can be very difficult for old debts.
What if I was misled about the loan terms?
CitiFinancial was subject to consumer complaints about loan terms. If you were misled, this may provide defenses or counterclaims.
Reviewed by Ariella, Esq. This information is for educational purposes and does not constitute legal advice.
Get Your Free CitiFinancial / OneMain Financial Case Review
Our attorney negotiates directly with CitiFinancial / OneMain Financial to reduce what you owe. Free consultation — no obligation.
Free case review. No obligation. No upfront cost.