OneMain : Receivables Trust ODART 2025-1 PPM pdf

Published: 2025-06-16 05:19:07 ET OMF

Published on 06/16/2025 at 05:19

Collection Period

Beginning Date

05/01/2025

End Date

05/31/2025

Payment Date

06/16/2025

Transaction Month

30/360 Days

RIGINAL DEAL PARAMETERS

Note Balance

% of Note Prin Bal

Interest Rate

Stated Maturity Date

Class A Notes

650,160,000.00

72.24%

5.36%

04/16/2035

Class B Notes

97,630,000.00

10.85%

5.56%

10/15/2035

Class C Notes

68,960,000.00

7.66%

5.76%

10/15/2035

Class D Notes

83,250,000.00

9.25%

6.10%

07/14/2037

Aggregate Note Principal Balance

900,000,000.00

100.00%

Overcollateralization Amount

25,519,595.05

Initial Loan Principal Balance: 925,519,595.05

Beginning of Period End of Period

Note Balance

Note Factor

Note Balance

Note Factor

Change

Class A Notes

650,160,000.00

1.00000

650,160,000.00

1.00000

0.00

Class B Notes

97,630,000.00

1.00000

97,630,000.00

1.00000

0.00

Class C Notes

68,960,000.00

1.00000

68,960,000.00

1.00000

0.00

Class D Notes

83,250,000.00

1.00000

83,250,000.00

1.00000

0.00

Aggregate Note Principal Balance

900,000,000.00

1.00000

900,000,000.00

1.00000

0.00

Collection Period

Beginning Date

05/01/2025

End Date

05/31/2025

Payment Date

06/16/2025

Transaction Month

30/360 Days

LOAN PRINCIPAL BALANCE

Beginning Adjusted Loan Principal Balance

925,591,876.71

Principal Collections (Scheduled Principal and Prepayments)

(26,115,142.78)

Charged-Off Loans

(520,127.47)

Other Customer Charges Net Increase / (Decrease)

(32,047.68)

Terminated Loans

(18,530,655.42)

Renewal Loan Replacements

12,458,442.08

Additional Loans (other than Renewal Loans)

32,941,800.85

Exchanged Loans

Replacement Loans

Excluded Loans

Optional Reassignment Loans

Repurchased Loans

(214,860.70)

Ending Adjusted Loan Principal Balance/Loan Action Date Loan Principal Balance

925,579,285.59

POOL INFORMATION

Weighted Avg. Coupon (WAC)

Beginning of Period

21.98%

End of Period

21.98%

Weighted Avg. FICO*

631

Weighted Avg. Loan Remaining Term (WALRT)

Weighted Avg. Loan to Value

133.87%

134.22%

Adjusted Loan Principal Balance

925,591,876.71

925,579,285.59

Number of Loans

56,623

56,867

Additional Loan** Information for the Payment Date on 06/16/2025 :

Weighted Avg. Coupon (WAC)

23.28%

Weighted Avg. FICO*

628

Weighted Avg. Loan to Value

136.19%

Loan Principal Balance

45,348,508.39

Number of Loans

2,560

*FICO scores determined at time of origination

**Contains Additional Loans including Renewal Loans and Replacement Loans

Collection Period

Beginning Date

05/01/2025

End Date

05/31/2025

Payment Date

06/16/2025

Transaction Month

30/360 Days

Principal:

Principal Collections

26,115,142.78

Other Customer Charges Net Increase / (Decrease)

32,047.68

Repurchased Contract Proceeds Related to Principal

214,860.70

Recoveries/Liquidation Proceeds

13,946.34

Total Principal Collections

26,375,997.50

Interest:

Interest Collections

16,822,586.57

Interest on Repurchase Principal

Total Interest Collections

16,822,586.57

Collections Used/Sent for Renewals

6,072,213.34

Collections Used for Proposed Loans

(32,941,800.85)

Collections Used for Servicing Fee

(1,542,653.13)

Total Collections Used

(28,412,240.64)

Collection Account Interest

136,293.49

Principal Distribution Account Interest

Reserve Account Interest

16,970.50

Reserve Draw Account

4,627,597.98

Principal Distribution Account Draw Amount

Total Collections

19,567,205.40

Collection Period

Beginning Date

05/01/2025

End Date

05/31/2025

Payment Date

06/16/2025

Transaction Month

30/360 Days

Calcuated Amount Amount Paid Shortfall Carryover Shortfall Remaining Available Funds

Indenture/Owner Trustee/Depositor Loan/Issuer Loan Trustee Indemnified

Amounts Due/Servicing Transfer Costs

416.67

19,566,788.73

Servicing Fee

2.00%

19,566,788.73

Class A Monthly Interest Amount

2,904,048.00

16,662,740.73

First Priority Principal Payment

16,662,740.73

Class B Monthly Interest Amount

452,352.33

16,210,388.40

Second Priority Principal Payment

16,210,388.40

Class C Monthly Interest Amount

331,008.00

15,879,380.40

Third Priority Principal Payment

15,879,380.40

Class D Monthly Interest Amount

423,187.50

15,456,192.90

Fourth Priority Principal Payment

15,456,192.90

Required Reserve Account Amount

4,627,597.98

10,828,594.92

Advances made by the Servicer (aggregate unpaid balance)

10,828,594.92

Regular Principal Payment Amount

10,828,594.92

Additional Transaction Participant Fees

10,828,594.92

Additional Indemnified Amounts

10,828,594.92

Advances that remain unpaid after giving effect to distributions above

10,828,594.92

Residual Released to the Depositor

10,828,594.92

Deposited into the Principal Distribution Account

Reserve Account Deposit to increase Reserve Account Required Amount

Purchase of Additional Loans to increase Required Overcollateralization Amount

Total

19,567,205.40

Collection Period

Beginning Date

05/01/2025

End Date

05/31/2025

Payment Date

06/16/2025

Transaction Month

30/360 Days

Beginning Period Reserve Account Amount

4,627,597.98

Reserve Draw Amount

(4,627,597.98)

Reserve Deposit Amount

4,627,597.98

Ending Period Reserve Account Amount Change in Reserve Account Balance

Required Reserve Account Amount

4,627,597.98

-4,627,597.98

Beginning of Period Principal Distribution Account Amount Principal Distribution Draw Amount

Principal Distribution Amount Prior to Payment Waterfall

Principal Distribution Deposit Amount

Distribution to Noteholders (except during Revolving Period)

Class A Noteholders

Class B Noteholders

Class C Noteholders

Class D Noteholders

Purchase of Loans on Payment Date

Ending Period Principal Distribution Account Amount

Change in Principal Distribution Account Amount

Disclaimer

OneMain Holdings Inc. published this content on June 16, 2025, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on June 16, 2025 at 09:18 UTC.