OneMain Holdings, Inc. (OMF) Presents At Barclays 23rd Annual Global Financial Services Conference Transcript

Economic Environment and Consumer Health - The company focuses on nonprime consumers and characterizes its borrower base as healthy, with an average income of approximately $70,000 per year [1] - The consumer demographic targeted includes individuals earning between $40,000 and $150,000, indicating a stable employment environment [1] - Employment rates are strong, with a reported unemployment rate of 4.2%, suggesting that most individuals seeking jobs are able to find employment [2] Lending Criteria and Variables - The company utilizes over 1,000 variables to assess borrowers, including income, expenses, geography, and employment type, ensuring a comprehensive evaluation of potential borrowers [1] - The current consumer base is described as being in good financial shape, which supports the company's lending strategy [1]