OneMain Holdings Inc (NYSE: OMF) is a consumer finance company that originates and services personal loans, auto finance loans, and credit cards primarily for non-prime borrowers. Revenue is generated through finance charges on its loan portfolio, with interest income of $5,455 million in FY2025, up from $4,993 million in FY2024. The company held $24,833 million in net finance receivables as of December 31, 2025, across 2,542,914 consumer loan accounts. Personal loans represent the largest segment, with $21,430 million in net finance receivables and $13,025 million in origination volume in FY2025. Auto finance is a growing segment, with net finance receivables of $2,467 million in FY2025, up from $745 million in FY2023. The portfolio carries a yield of 22.61% in FY2025 and a net charge-off ratio of 7.65%, reflecting the credit risk profile of its borrower base. Net income was $783 million in FY2025. The company is debt-funded and pays dividends.

Revenue model

Interest income on consumer loans, auto finance receivables, and credit cards. Finance charges accrue on the loan portfolio at a yield of 22.61% of average net receivables in FY2025. Additional revenue comes from insurance premiums and other fee-based sources, with other revenues of $720 million in FY2025.

Products and services

Personal loans (net finance receivables $21,430M, FY2025), auto finance loans (net finance receivables $2,467M, FY2025), credit cards, and consumer insurance products including guaranteed asset protection (GAP).

Customers and end markets

Non-prime individual consumers. As of December 31, 2025, the company had 2,395,371 personal loan accounts and 147,543 auto finance accounts, totaling 2,542,914 consumer loan accounts. Originated 1,295,326 new accounts in FY2025.

Value-chain role

Direct lender and loan servicer. Originates consumer loans, retains them on balance sheet via consolidated securitization vehicles, and services the portfolio. Also sells finance receivables through whole loan sales and securitizations, retaining repurchase and indemnification obligations under standard representations and warranties.

Geographic exposure

The filing excerpts do not specify geographic breakdown by state or region.

Source: SEC 10-K, filed 2026-02-06

Industry: Personal Credit Institutions Peers: Ally Financial Inc American Express Co Credit Acceptance Corp Firstcash Holdings Inc Nelnet Inc Navient Corp SLM Corp SoFi Technologies Inc Synchrony Financial