OneMain Financial (NYSE: OMF) is a leading consumer finance company specializing in unsecured personal loans for middle-income customers. The company offers tailored loan products designed to address a variety of needs, including debt consolidation, home improvement financing, large purchases and emergency expenses. Through a combination of branch-based service and digital channels, OneMain aims to deliver a personalized borrowing experience with flexible repayment options and transparent terms.
Tracing its roots back to the Commercial Credit Company founded in 1912, OneMain has evolved through a series of mergers and corporate transformations. It was formerly known as Citifinancial before being spun off from Citigroup in 2010. Since its initial public offering in May 2015, the firm has maintained a focus on serving non-prime and near-prime borrowers, a niche that distinguishes it from traditional banks and pure online lenders.
Headquartered in Evansville, Indiana, OneMain operates a network of more than 1,500 branches across over 40 states, complemented by a growing digital platform. This dual-channel approach enables the company to reach customers in both urban and rural markets. Under the leadership of Chief Executive Officer Heath Horton, OneMain continues to refine its underwriting processes, invest in technology and expand its service offerings to meet the evolving needs of its customer base.