OneMain Financial was a subsidiary of OneMain Holdings, a financial characteristics carrying company. To begin with oriented inside the Indiana inside 1927, the business already features step 1,400 branches when you look at the 49 claims and you will suits over 2.2 mil people.
OneMain Economic focuses on unsecured loans to have low-best users, meaning people who have credit scores regarding 659 or lower than. Targeting applicants’ ability to pay-off, it’s got mortgage wide variety of up to $20,100 and you may situations one another secure and you will signature loans. But because low-finest consumers include riskier mortgage individuals and need a lot more extreme services levels, OneMain Financial can charge higher interest levels than different lenders.