Here's the latest I can provide based on recent publicly reported information.
OneMain facing multi-state lawsuit: A coalition of state attorneys general filed a multi-state lawsuit alleging hidden loan costs and deceptive add-ons, which contributed to a decline in OneMain’s stock. The company has denied the allegations and said it will vigorously defend itself. This development followed a period of weaker share performance, with a notable drop over recent months.[1]
Earlier CFPB action: In 2023, the CFPB ordered OneMain to pay about $20 million in redress and penalties for deceptive sales practices and for charging interest on nonrefundable add-ons during an advertised full-refund period. OneMain subsequently disclosed ongoing compliance efforts.[2][7]
Corporate updates: OneMain regularly reports quarterly results and investor updates. The company has highlighted strong underwriting discipline and occasional share repurchases, with dividends announced in late 2025 for the 2025 fiscal period.[3][4]
If you’d like, I can pull the most recent official filings or press releases to provide precise dates, amounts, and the current status of the lawsuit, plus any recent stock movements. I can also summarize how the latest developments might affect OneMain’s financial outlook and investor sentiment.
The Consumer Financial Protection Bureau (CFPB) has ordered installment lender OneMain Financial to pay $20 million in redress and penalties for failing to refund interest charged to 25,000 customers who cancelled purchases within a purported “full refund period,” and for deceiving borrowers about needing to purchase add-on products to receive a loan.
www.consumerfinance.govAbout us, we offer personal loans with about 1,400 branches across 44 states. Learn who we are, our executive team & areas of our business.
www.onemainfinancial.comOn May 31, 2023, the Consumer Financial Protection Bureau (Bureau) issued an order against OneMain Financial Holdings, LLC; OneMain Financial Group, LLC; OneMain Financial (HI), Inc.; OneMain Financial, Inc.; and OneMain Financial of Minnesota, Inc. (collectively referred to as OneMain). OneMain is an Indiana-based personal loan installment lender with more than 1,400 branches across 44 states.
www.consumerfinance.govnews
www.prnewswire.comThe latest company information, including net asset values, performance, holding & sectors weighting, changes in voting rights, and directors and dealings.
markets.ft.com