OneMain Financial Performance Overview
U.S. non-prime auto industry comps
OneMain Direct Auto is unique in the predominantly indirect non-prime auto industry
OneMain
Financial.
ally CPS
CARVANA
GM Financial
FLAGSHIP
Investors
Financial Services
Celebrating 27 Years in Business
Santander
CONSUMER USA
Santander
CONSUMER USA
CREDIT ACCEPTANCE
ODART
2019-11
AFIN
2018-2
CPS
2020-A
CRVNA
2019-4
AMCAR
2019-3
FCAT
2020-1
FIAOT
DRIVE
2019-2
2020-1
SDART
2019-3
Origination Channel
Direct
100.0%
0.0%
0.0%
0.0%
0.0%
21.2%
43.2%
0.0%
0.0%
Indirect
0.0%
100.0%
100.0%
100.0%
100.0%
78.8%
56.8%
100.0%
100.0%
Collateral Characteristics
Loan Bal
$14,048
$11,917
$15,033
$18,545
$19,992
$18,444
$19,084
$19,958
$18,786
WA APR/WAC
19.7%
8.5%
19.2%
13.6%
12.9%
16.1%
14.5%
19.0%
15.5%
WA FICO
631
649
561
634
WA LTV2
136.1%
104.9%
115.5%
98.8%
581
109.0%
587
123.2%
583
127.1%
582
111.8%
619
107.8%
WA Orig Term (months)
57
71
69
70
71
70
70
71
71
Original Term
0-48
19.5%
0.0%
2.0%
2.2%
1.1%
1.2%
1.2%
2.2%
2.2%
49-60
61.6%
13.5% (0-60)
20.5%
3.2%
6.1%
11.5%
12.5%
5.2%
5.7%
61 - 72
19.0%
69.4%
77.5%
88.8%
78.7%
86.9%
85.7%
82.0%
75.9%
73+
0.0%
17.0%
0.0%
5.8%
14.1%
0.5%
0.6%
10.6%
16.2%
FICO Distribution
500 & Lower³
0.6%
16.2% (<550)
17.3%
14.5%
5.3%
0.5% (<500)
2.9%
20.3%
14.8%
501-600
27.1%
21.9% (550-599)
63.3%
26.1%
53.0%
61.3% (500-599)
62.8%
50.6%
35.4%
601-650
38.4%
34.6%
15.6%
20.2%
35.4%
651 & Higher
34.0%
31.4%
3.9%
39.2%
6.3%
28.2% (600-649)
10.0% (>=650)
28.6%
20.2%
26.2%
5.8%
8.9%
23.6%
RA CNL Assumption
S&P
6.0%
Moody's
4.0% -4.2%
4.3%
9.8% - 10.3%
12.0% 12.5%
10.8% 11.3%
24.3% -25.3%
19.0%
11.0%
23.0%
15.5% - 16.3%
15.0%
Fitch
DBRS
Kroll
5.1%
2.9% -4.9%
15.7%
8.8%
12.0%
9.3% -11.3%
11.5% 12.5%
9.7% -10.2%
OneMain Financial
1. Direct Auto vehicles aged 0-8 years only used in ODART. 2. OneMain uses more conservative wholesale NADA Clean trade in value (not retail value; does not include additions).
3. Includes loans with no FICO score.
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