OneMain (OMF) S-3ASR Automatic shelf registration

Exhibit 12.1

RATIO OF EARNINGS TO FIXED CHARGES

The following table sets forth OneMain Holdings, Inc.’s ratio of earnings to fixed charges for each of the periods indicated:

(dollars in millions)	Nine Months Ended September 30, 2017		Year Ended December 31, 2016		Year Ended December 31, 2015			Year Ended December 31, 2014		Year Ended December 31, 2013		Year Ended December 31, 2012
Earnings:
Income (loss) before provision for (benefit from) income taxes	$	244	$	356	$	(226	)	$	861	$	157	$	(299	)
Interest expense	612		856		715			734		920		1,075
Implicit interest in rents	20		28		13			10		10		12
Total earnings	$	876	$	1,240	$	502		$	1,605	$	1,087	$	788
Fixed charges:
Interest expense	$	612	$	856	$	715		$	734	$	920	$	1,075
Implicit interest in rents	20		28		13			10		10		12
Total fixed charges	$	632	$	884	$	728		$	744	$	930	$	1,087
Ratio of earnings to fixed charges	1.39		1.40		*			2.16		1.17		*

*Earnings did not cover total fixed charges by $226 million in 2015 and $299 million in 2012.

The following table sets forth Springleaf Finance Corporation’s ratio of earnings to fixed charges for each of the periods indicated:

(dollars in millions)	Nine Months Ended September 30, 2017		Year Ended December 31, 2016		Year Ended December 31, 2015		Year Ended December 31, 2014		Year Ended December 31, 2013			Year Ended December 31, 2012
Earnings:
Income (loss) before provision for (benefit from) income taxes	$	124	$	346	$	159	$	678	$	(125	)	$	(301	)
Interest expense	389		556		667		683		843			1,068
Implicit interest in rents	7		10		9		10		9			12
Total earnings	$	520	$	912	$	835	$	1,371	$	727		$	779
Fixed charges:
Interest expense	$	389	$	556	$	667	$	683	$	843		$	1,068
Implicit interest in rents	7		10		9		10		9			12
Total fixed charges	$	396	$	566	$	676	$	693	$	852		$	1,080
Ratio of earnings to fixed charges	1.31		1.61		1.24		1.98		*			*

*Earnings did not cover total fixed charges by $125 million in 2013 and $301 million in 2012.