OneMain : Receivables Trust ODART 2023-1 PPM pdf

Published: 2025-05-14 05:18:18 ET OMF

Published on 05/14/2025 at 05:18

Collection Period Beginning Date End Date Payment Date

Transaction Month

30/360 Days

04/01/2025

04/30/2025

05/14/2025

ORIGINAL DEAL PARAMETERS

Note Balance

% of Note Prin Bal

Interest Rate

Stated Maturity Date

Class A Notes

544,190,000.00

72.56%

5.41%

November 14, 2029

Class B Notes

96,570,000.00

12.88%

5.81%

February 14, 2031

Class C Notes

59,760,000.00

7.97%

6.14%

February 14, 2031

Class D Notes

49,480,000.00

6.60%

7.07%

February 14, 2033

Aggregate Note Principal Balance

750,000,000.00

100.00%

Overcollateralization Amount

41,562,980.77

Initial Loan Principal Balance:

791,562,980.77

NOTE BALANCE

Beginning of Period

End of Period

Note Balance

Note Factor

Note Balance

Note Factor

Change

Class A Notes

544,190,000.00

1.00000

544,190,000.00

1.00000

0.00

Class B Notes

96,570,000.00

1.00000

96,570,000.00

1.00000

0.00

Class C Notes

59,760,000.00

1.00000

59,760,000.00

1.00000

0.00

Class D Notes

49,480,000.00

1.00000

49,480,000.00

1.00000

0.00

Aggregate Note Principal Balance

750,000,000.00

1.00000

750,000,000.00

1.00000

0.00

Collection Period Beginning Date End Date Payment Date

Transaction Month

30/360 Days

04/01/2025

04/30/2025

05/14/2025

Beginning Adjusted Loan Principal Balance

791,632,710.65

Principal Collections (Scheduled Principal and Prepayments)

(24,471,647.31)

Charged-Off Loans

(2,536,112.28)

Other Customer Charges Net Increase / (Decrease)

168,881.49

Terminated Loans

(12,682,753.17)

Renewal Loan Replacements

7,098,967.84

Additional Loans (other than Renewal Loans)

32,726,933.35

Exchanged Loans

0.00

Replacement Loans

0.00

Excluded Loans

0.00

Optional Reassignment Loans

0.00

Repurchased Loans

(318,560.62)

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

791,618,419.95

POOL INFORMATION Beginning of Period

End of Period

Weighted Avg. Coupon (WAC) 21.50%

21.51%

Weighted Avg. FICO* 626

626

Weighted Avg. Loan Remaining Term (WALRT) 44

Weighted Avg. Loan to Value 137.21%

137.34%

Adjusted Loan Principal Balance 791,632,710.65

791,618,419.95

Number of Loans 57,149

57,326

Additional Loan** Information for the Payment Date on 5/14/2025:

Weighted Avg. Coupon (WAC)

22.75%

Weighted Avg. FICO*

627

Weighted Avg. Loan to Value

135.76%

Loan Principal Balance

39,789,052.27

Number of Loans

2,337

*FICO scores determined at time of origination

**Contains Additional Loans including Renewal Loans and Replacement Loans

Collection Period Beginning Date End Date Payment Date

Transaction Month

30/360 Days

04/01/2025

04/30/2025

05/14/2025

Principal:

Principal Collections

24,471,647.31

Other Customer Charges Net Increase / (Decrease)

(168,881.49)

Repurchased Contract Proceeds Related to Principal

318,560.62

Recoveries/Liquidation Proceeds

213,181.59

Total Principal Collections

24,834,508.03

Interest:

Interest Collections

13,445,359.95

Interest on Repurchase Principal

Total Interest Collections

13,445,359.95

Collections Used/Sent for Renewals

5,583,785.33

Collections Used for Proposed Loans

(32,726,933.35)

Collections Used for Servicing Fee

(1,319,387.85)

Total Collections Used

(28,462,535.87)

Collection Account Interest

113,635.68

Principal Distribution Account Interest

Reserve Account Interest

13,707.94

Reserve Draw Account

3,957,814.90

Principal Distribution Account Draw Amount

Total Collections

13,902,490.63

Collection Period Beginning Date End Date Payment Date

Transaction Month

30/360 Days

04/01/2025

04/30/2025

05/14/2025

Calculated Amount Amount Paid Shortfall Carryover Shortfal Remaining Available Funds

Indenture/Owner Trustee/Depositor Loan/Issuer Loan Trustee

Indemnified Amounts Due/Servicing Transfer Costs

416.67

13,902,073.96

Servicing Fee

2.00%

13,902,073.96

Class A Monthly Interest Amount

2,453,389.92

11,448,684.04

First Priority Principal Payment

11,448,684.04

Class B Monthly Interest Amount

467,559.75

10,981,124.29

Second Priority Principal Payment

10,981,124.29

Class C Monthly Interest Amount

305,772.00

10,675,352.29

Third Priority Principal Payment

10,675,352.29

Class D Monthly Interest Amount

291,519.67

10,383,832.62

Fourth Priority Principal Payment

10,383,832.62

Required Reserve Account Amount

3,957,814.90

6,426,017.72

Advances made by the Servicer (aggregate unpaid balance)

6,426,017.72

Regular Principal Payment Amount

6,426,017.72

Additional Transaction Participant Fees

6,426,017.72

Additional Indeminified Amounts

6,426,017.72

Advances that remain unpaid after giving effect to distributions above

6,426,017.72

Residual released to the Depositor

6,426,017.72

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 13,902,490.63

Collection Period Beginning Date End Date Payment Date

Transaction Month

30/360 Days

04/01/2025

04/30/2025

05/14/2025

Beginning Period Reserve Account Amount

3,957,814.90

Reserve Draw Amount

(3,957,814.90)

Reserve Deposit Amount

3,957,814.90

Ending Period Reserve Account Amount

3,957,814.90

Change in Reserve Account Balance

Required Reserve Account Amount

3,957,814.90

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 May 14, 2025, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on May 14, 2025 at 09:17 UTC.