(OMF) OneMain Holdings - Ratings and Ratios

OneMain Holdings, Inc. operates as a financial service holding company, primarily focusing on consumer finance and insurance in the United States. The company's core business involves originating, underwriting, and servicing personal loans, which can be secured by various types of collateral, including automobiles and other titled assets, or remain unsecured. This diversified approach allows OneMain to cater to a wide range of customers with different financial needs and backgrounds. Additionally, the company expands its offerings through credit cards and a variety of insurance products, including life, disability, and involuntary unemployment insurance, which are designed to provide customers with financial protection and peace of mind.

OneMain's product portfolio also includes optional non-credit insurance and guaranteed asset protection coverage, which can be offered as either a waiver product or an insurance policy. Furthermore, the company provides membership plans, enhancing the overall value proposition for its customers. The digital age has not been overlooked, as OneMain sells its products through its website, ensuring accessibility and convenience for potential and existing customers alike. With a history dating back to 1912, OneMain has evolved significantly over the years, including a name change from Springleaf Holdings, Inc. to OneMain Holdings, Inc. in November 2015, reflecting its commitment to brand unity and simplicity.

Headquartered in Evansville, Indiana, OneMain Holdings, Inc. has established itself as a significant player in the consumer finance sector. Its common stock is traded on the New York Stock Exchange (NYSE) under the ticker symbol OMF, with the ISIN code US68268W1036. Classified under the GICS Sub Industry of Consumer Finance, OneMain's business model is designed to provide financial solutions to individuals, often filling gaps in the traditional banking and finance sectors. Through its subsidiary, OneMain Financial, the company aims to deliver personalized services, leveraging technology and a customer-centric approach to make financial products more accessible and understandable for its target market.