OneMain : Receivables Trust ODART 2022-1 PPM pdf

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

Published on 05/14/2025 at 05:18

Collection Period

Beginning Date

04/01/2025

End Date

04/30/2025

Payment Date

05/14/2025

Transaction Month

Class A-1, B, C, D Interest Period (Days)

Class A-2 Interest Period (Days)

Class A-2 Interest Rate: Compounded SOFR (4.34304%) + (1.60%)

5.94304%

ORIGINAL DEAL PARAMETERS

Class A-1 Notes

Note Balance

370,520,000.00

% of Note Prin Bal

61.75%

Interest Rate

4.65%

Stated Maturity Date

March 14, 2029

Class A-2 Notes

70,000,000.00

11.67%

March 14, 2029

Class B Notes

74,840,000.00

12.47%

5.07%

June 14, 2029

Class C Notes

50,520,000.00

8.42%

5.31%

June 14, 2029

Class D Notes

34,120,000.00

5.69%

5.90%

December 16, 2030

Aggregate Note Principal Balance

600,000,000.00

100.00%

Overcollateralization Amount

31,582,355.42

Initial Loan Principal Balance:

631,582,355.42

NOTE BALANCE

Beginning of Period

End of Period

Note Balance

Note Factor

Note Balance

Note Factor

Change

Class A-1 Notes

156,982,584.31

0.42368

140,517,275.76

0.37924

16,465,308.55

Class A-2 Notes

29,657,726.71

0.42368

26,547,040.11

0.37924

3,110,686.60

Class B Notes

74,840,000.00

1.00000

74,840,000.00

1.00000

0.00

Class C Notes

50,520,000.00

1.00000

50,520,000.00

1.00000

0.00

Class D Notes

34,120,000.00

1.00000

34,120,000.00

1.00000

0.00

Aggregate Note Principal Balance

346,120,311.02

0.57687

326,544,315.87

0.54424

19,575,995.15

Collection Period

Beginning Date

04/01/2025

End Date

04/30/2025

Payment Date

05/14/2025

Transaction Month

Class A-1, B, C, D Interest Period (Days)

Class A-2 Interest Period (Days)

Class A-2 Interest Rate: Compounded SOFR (4.34304%) + (1.60%)

5.94304%

LOAN PRINCIPAL BALANCE

Beginning Adjusted Loan Principal Balance

372,948,290.55

Principal Collections (Scheduled Principal and Prepayments)

(13,474,418.78)

Charged-Off Loans

(2,107,759.53)

Other Customer Charges Net Increase / (Decrease)

102,762.11

Terminated Loans

(5,101,115.79)

Renewal Loan Replacements

0.00

Additional Loans (other than Renewal Loans)

0.00

Exchanged Loans

0.00

Replacement Loans

0.00

Excluded Loans

0.00

Optional Reassignment Loans

0.00

Repurchased Loans

(134,806.79)

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

352,232,951.77

POOL INFORMATION Beginning of Period

End of Period

Weighted Avg. Coupon (WAC) 20.31%

20.28%

Weighted Avg. FICO* 623

623

Weighted Avg. Loan Remaining Term (WALRT) 37

Weighted Avg. Loan to Value 137.90%

137.97%

Adjusted Loan Principal Balance 372,948,290.55

352,232,951.77

Number of Loans 30,867

29,619

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

Weighted Avg. Coupon (WAC) Weighted Avg. FICO* Weighted Avg. Loan to Value Loan Principal Balance Number of Loans

N/A N/A N/A N/A N/A

*FICO scores determined at time of origination

**Contains Additional Loans including Renewal Loans and Replacement Loans

Collection Period

Beginning Date

04/01/2025

End Date

04/30/2025

Payment Date

05/14/2025

Transaction Month

Class A-1, B, C, D Interest Period (Days)

Class A-2 Interest Period (Days)

Class A-2 Interest Rate: Compounded SOFR (4.34304%) + (1.60%)

5.94304%

Principal:

Principal Collections

13,474,418.78

Other Customer Charges Net Increase / (Decrease)

(102,762.11)

Repurchased Contract Proceeds Related to Principal

134,806.79

Recoveries/Liquidation Proceeds

276,348.25

Total Principal Collections

13,782,811.71

Interest:

Interest Collections

5,909,203.90

Interest on Repurchase Principal

Total Interest Collections

5,909,203.90

Collections Used/Sent for Renewals

Collections Used for Proposed Loans

Collections Used for Servicing Fee

(621,580.48)

Total Collections Used

(621,580.48)

Collection Account Interest

62,265.95

Principal Distribution Account Interest

15,905.95

Reserve Account Interest

10,937.48

Reserve Draw Account

3,157,911.78

Principal Distribution Account Draw Amount

Total Collections

22,317,456.29

Collection Period

Beginning Date

04/01/2025

End Date

04/30/2025

Payment Date

05/14/2025

Transaction Month

Class A-1, B, C, D Interest Period (Days)

Class A-2 Interest Period (Days)

Class A-2 Interest Rate: Compounded SOFR (4.34304%) + (1.60%)

5.94304%

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

22,317,039.62

Servicing Fee 2.00%

22,317,039.62

Class A-1 Monthly Interest Amount (pari passu with Class A-2)

608,307.51

21,708,732.11

Class A-2 Monthly Interest Amount (pari passu with Class A-1)

146,880.88

21,561,851.23

First Priority Principal Payment

21,561,851.23

Class B Monthly Interest Amount

316,199.00

21,245,652.23

Second Priority Principal Payment

21,245,652.23

Class C Monthly Interest Amount

223,551.00

21,022,101.23

Third Priority Principal Payment

21,022,101.23

Class D Monthly Interest Amount

167,756.67

20,854,344.56

Fourth Priority Principal Payment

20,854,344.56

Required Reserve Account Amount

3,157,911.78

17,696,432.78

Advances made by the Servicer (aggregate unpaid balance)

17,696,432.78

Regular Principal Payment Amount

14,474,879.36

3,221,553.42

Additional Transaction Participant Fees

3,221,553.42

Additional Indeminified Amounts

3,221,553.42

Advances that remain unpaid after giving effect to distributions above

3,221,553.42

Residual released to the Depositor

3,221,553.42

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 22,317,456.29

Collection Period

Beginning Date

04/01/2025

End Date

04/30/2025

Payment Date

05/14/2025

Transaction Month

Class A-1, B, C, D Interest Period (Days)

Class A-2 Interest Period (Days)

Class A-2 Interest Rate: Compounded SOFR (4.34304%) + (1.60%)

5.94304%

Beginning Period Reserve Account Amount

3,157,911.78

Reserve Draw Amount

(3,157,911.78)

Reserve Deposit Amount

3,157,911.78

Ending Period Reserve Account Amount

3,157,911.78

Change in Reserve Account Balance

Required Reserve Account Amount

3,157,911.78

PRINCIPAL DISTRIBUTION ACCOUNT

Beginning of Period Principal Distribution Account Amount

Principal Distribution Draw Amount

5,101,115.79

Principal Distribution Amount Prior to Payment Waterfall

5,101,115.79

Principal Distribution Deposit Amount

14,474,879.36

Distribution to Noteholders (except during Revolving Period) Class A-1 Noteholders (pari passu with Class A-2)

(16,465,308.55)

Class A-2 Noteholders (pari passu with Class A-1)

(3,110,686.60)

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.