OneMain Holdings, Inc.: A Brief Overview of the Financial and Insurance Service Provider Evansville, Indiana-based OneMain Holdings, Inc. is a consumer finance and insurance service holding company that engages in the businesses of personal loans, credit cards, and various insurance products such as life, disability, and involuntary unemployment insurance, to name a few. The firm provides loans that are either secured by automobiles, other titled collateral, or unsecured. Additionally, OneMain offers membership plans and guaranteed asset protection coverage both as a waiver product and under insurance. The company operates through a vast network of approximately 1,400 branch offices spread across 44 states in the US, as well as its website, onemainfinancial.com. OneMain Holdings was originally known as Springleaf Holdings, Inc. before changing its name to the current one in November 2015. The company was founded more than a century ago in 1912, making it one of the oldest players in the industry. OneMain Holdings is just one of many firms moving into the growing space of consumer loans. With the pandemic continuing to impact Americans across the country, this sector has thrived as more and more people turned to personal loans to make it through tough times. As a result, companies in this industry have seen positive growth, including OneMain Holdings, whose revenue rose to $3.7 billion in 2020, a 2% increase from the previous year.
OneMain's ticker is OMF
The company's shares trade on the NYSE stock exchange
They are based in Baltimore, Maryland
There are 10,000+ employees working at OneMain
It is onemainfinancial.com
OneMain is in the Financial sector
OneMain is in the Credit Services industry
The following five companies are OneMain's industry peers: