OneMain (NYSE: OMF) — Company Overview, News & Financial Data
OneMain specializes in personal loans and insurance products, targeting customers without traditional banking access.
OneMain
OneMain is a financial services company headquartered in Evansville, Indiana, that provides credit solutions and insurance products to non-prime consumer borrowers across the United States. The company operates a network of approximately 1,300 branch locations alongside a digital lending platform, offering fixed-rate personal loans, auto-secured personal loans, credit cards, and debt consolidation services. OneMain also provides optional credit insurance products, including credit life, credit disability, and personal property coverage. Servicing millions of customers nationwide, the company focuses on accessible credit products, budgeting tools, and financial education resources tailored to everyday consumer credit needs.
Snapshot
Operations
Products and/or services of OneMain
- Personal Loans: Fixed-rate personal loans ranging from $1,500 to $30,000 with fixed monthly payments and flexible repayment terms from 24 to 60 months, offered through online digital platforms and nationwide branch locations.
- Auto-Secured Loans: Consumer loans backed by a first lien on an eligible motor vehicle as collateral, enabling qualified borrowers to access higher loan amounts and lower annual percentage rates than traditional unsecured personal credit offerings.
- Debt Consolidation Loans: Fixed-rate installment loans structured to combine multiple existing consumer debts and credit card balances into a single monthly payment with fixed rates and a clear payoff schedule ranging from 24 to 60 months.
- Credit Cards: Revolving consumer credit card products offered with structured reward milestones after consecutive on-time payments, designed to help customers manage day-to-day spending and establish or rebuild credit history through digital account management tools.
- Optional Insurance Products: Credit life, credit disability, credit involuntary unemployment, and personal property insurance policies offered alongside loan products to protect borrowers against financial disruption caused by unexpected personal or health events.
- Dealership Auto Finance: Indirect motor vehicle and powersports financing solutions provided to consumers through select auto dealership partner networks across multiple states, offering purchase financing options at the point of sale.
OneMain executive team
- Mr. Douglas H. Shulman J.D.Chairman, President & CEO
- Ms. Jeannette E. OsterhoutExecutive VP & CFO
- Mr. Micah R. Conrad C.F.A.Executive VP & COO
- Mr. Michael A. HedlundSenior VP & Group Controller
- Mr. Larry FitzpatrickExecutive VP & Chief Technology Officer
- Mr. Peter R. PoillonHead of Investor Relations
- Ms. Lily Fu ClaffeeExecutive VP, Chief Legal Officer & Corporate Secretary
- Ms. Karen M. MooneyExecutive VP & Chief Human Resources Officer
- Mr. Dinesh GoyalExecutive Vice President & Chief Credit and Customer Acquisition Officer
- Ms. Sundus KubbaChief of Staff