OneMain : Receivables Trust ODART 2021-1 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

30/360 Days

ORIGINAL DEAL PARAMETERS

Note Balance

% of Note Prin Bal

Interest Rate

Stated Maturity Date

Class A Notes

773,685,000.00

77.37%

0.87%

July 14, 2028

Class B Notes

128,947,000.00

12.89%

1.26%

July 14, 2028

Class C Notes

68,421,000.00

6.84%

1.42%

July 14, 2028

Class D Notes

28,947,000.00

2.89%

1.62%

November 14, 2030

Aggregate Note Principal Balance

1,000,000,000.00

100.00%

Overcollateralization Amount

52,633,704.99

Initial Loan Principal Balance:

1,052,633,704.99

NOTE BALANCE

Beginning of Period

End of Period

Note Balance

Note Factor

Note Balance

Note Factor

Change

Class A Notes

131,377,868.05

0.16981

108,991,612.66

0.14087

22,386,255.39

Class B Notes

128,947,000.00

1.00000

128,947,000.00

1.00000

0.00

Class C Notes

68,421,000.00

1.00000

68,421,000.00

1.00000

0.00

Class D Notes

28,947,000.00

1.00000

28,947,000.00

1.00000

0.00

Aggregate Note Principal Balance

357,692,868.05

0.35769

335,306,612.66

0.33531

22,386,255.39

Beginning Adjusted Loan Principal Balance

389,649,952.49

Principal Collections (Scheduled Principal and Prepayments)

(15,670,111.59)

Charged-Off Loans

(2,501,845.25)

Other Customer Charges Net Increase / (Decrease)

154,986.73

Terminated Loans

Renewal Loan Replacements

(5,447,304.35)

0.00

Additional Loans (other than Renewal Loans) 0.00

Exchanged Loans Replacement Loans Excluded Loans

Optional Reassignment Loans Repurchased Loans

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

0.00

(224,884.69)

365,960,793.34

POOL INFORMATION

Beginning of Period

End of Period

Weighted Avg. Coupon (WAC)

19.69%

19.66%

Weighted Avg. FICO*

619

Weighted Avg. Loan Remaining Term (WALRT)

Weighted Avg. Loan to Value

139.37%

139.32%

Adjusted Loan Principal Balance

389,649,952.49

365,960,793.34

Number of Loans

36,600

34,890

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

Principal:

Principal Collections

15,670,111.59

Other Customer Charges Net Increase / (Decrease)

(154,986.73)

Repurchased Contract Proceeds Related to Principal

224,884.69

Recoveries/Liquidation Proceeds

460,724.55

Total Principal Collections

16,200,734.10

Interest:

Interest Collections

5,909,657.66

Interest on Repurchase Principal

Total Interest Collections

5,909,657.66

Collections Used/Sent for Renewals

Collections Used for Proposed Loans

Collections Used for Servicing Fee

(649,416.59)

Total Collections Used

(649,416.59)

Collection Account Interest

59,027.47

Principal Distribution Account Interest

11,652.76

Reserve Account Interest

15,851.19

Reserve Draw Account

5,263,168.52

Principal Distribution Account Draw Amount

Total Collections

26,810,675.11

Calculated Amount Amount Paid Shortfall Carryover Shortfal Remaining Available Funds

Indenture Trustee/ Owner Trustee/ Depositor Loan Trustee/ Issuer

Loan Trustee

416.67

26,810,258.44

Servicing Fee

2.00%

26,810,258.44

Class A Monthly Interest Amount

95,248.95

26,715,009.49

First Priority Principal Payment

26,715,009.49

Class B Montly Interest Amount

135,394.35

26,579,615.14

Second Priority Principal Payment

26,579,615.14

Class C Monthly Interest Amount

80,964.85

26,498,650.29

Third Priority Principal Payment

26,498,650.29

Class D Monthly Interest Amount

39,078.45

26,459,571.84

Fourth Priority Principal Payment

26,459,571.84

Required Reserve Account Amount

5,263,168.52

21,196,403.32

Advances made by the Servicer (aggregate unpaid balance)

21,196,403.32

Regular Principal Payment Amount

16,938,951.04

4,257,452.28

Additional Transaction Participant Fees

4,257,452.28

Additional Indeminified Amounts

4,257,452.28

Advances that remain unpaid after giving effect to distributions above

4,257,452.28

Residual Released to the Depositor

4,257,452.28

Reserve Account Deposit to increase Reserve Account Required Amount

Purchase of Additional Loans to increase Required Overcollateralization Amount

Total

26,810,675.11

Beginning Period Reserve Account Amount

5,263,168.52

Reserve Draw Amount

(5,263,168.52)

Reserve Deposit Amount

5,263,168.52

Ending Period Reserve Account Amount

5,263,168.52

Change in Reserve Account Balance

Required Reserve Account Amount

5,263,168.52

PRINCIPAL DISTRIBUTION ACCOUNT

Beginning Period Distribution Account Amount

Principal Distribution Draw Amount

5,447,304.35

Ending Principal Distribution Amount Prior to Payment Waterfall

5,447,304.35

Principal Distribution Deposit Amount

16,938,951.04

Distribution to Noteholders (except during Revolving Period) Class A Noteholders

(22,386,255.39)

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.