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Exhibit 12.1

RATIO OF EARNINGS TO FIXED CHARGES

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

	Successor												Predecessor
	Company												Company
	Nine										One Month		Eleven Months
	Months Ended		Year Ended		Year Ended			Year Ended			Ended		Ended			Year Ended
	September 30,		December 31,		December 31,			December 31,			December 31,		November 30,			December 31,
(dollars in thousands)	2014		2013		2012			2011			2010		2010			2009
					Revised			Revised			Revised		Revised			Revised
Earnings:
Income (loss) before benefit from income taxes	$	942,599	$	77,557	$	(305,368	)	$	(360,138	)	$	1,463,458	$	(261,887	)	$	(1,073,602	)
Interest expense	576,863		919,749		1,075,205			1,284,773			120,328		996,469			1,091,163
Implicit interest in rents	7,467		10,000		12,115			12,638			1,207		13,751			19,738
Total earnings	$	1,526,929	$	1,007,306	$	781,952		$	937,273		$	1,584,993	$	748,333		$	37,299
Fixed charges:
Interest expense	$	576,863	$	919,749	$	1,075,205		$	1,284,773		$	120,328	$	996,469		$	1,091,163
Implicit interest in rents	7,467		10,000		12,115			12,638			1,207		13,751			19,738
Total fixed charges	$	584,330	$	929,749	$	1,087,320		$	1,297,411		$	121,535	$	1,010,220		$	1,110,901
Ratio of earnings to fixed charges	2.61		1.08		N/A*			N/A*			N/M**		N/A*			N/A*

*Earnings did not cover total fixed charges by $305.4 million in 2012, $360.1 million in 2011, $261.9 million during the eleven months ended November 30, 2010, and $1.1 billion in 2009.

**Not meaningful.

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

	Successor													Predecessor
	Company													Company
	Nine											One Month		Eleven Months
	Months Ended		Year Ended			Year Ended			Year Ended			Ended		Ended			Year Ended
	September 30,		December 31,			December 31,			December 31,			December 31,		November 30,			December 31,
(dollars in thousands)	2014		2013			2012			2011			2010		2010			2009
						Revised			Revised			Revised		Revised			Revised
Earnings:
Income (loss) before benefit from income taxes	$	795,969	$	(135,917	)	$	(307,385	)	$	(363,598	)	$	1,461,621	$	(241,699	)	$	(1,053,059	)
Interest expense	526,035		842,679			1,067,709			1,275,570			119,303		978,364			1,050,164
Implicit interest in rents	7,206		9,294			12,115			12,638			1,207		13,751			19,287
Total earnings	$	1,329,210	$	716,056		$	772,439		$	924,610		$	1,582,131	$	750,416		$	16,392
Fixed charges:
Interest expense	$	526,035	$	842,679		$	1,067,709		$	1,275,570		$	119,303	$	978,364		$	1,050,164
Implicit interest in rents	7,206		9,294			12,115			12,638			1,207		13,751			19,287
Total fixed charges	$	533,241	$	851,973		$	1,079,824		$	1,288,208		$	120,510	$	992,115		$	1,069,451
Ratio of earnings to fixed charges	2.49		N/A*			N/A*			N/A*			N/M**		N/A*			N/A*

*Earnings did not cover total fixed charges by $135.9 million in 2013, $307.4 million in 2012, $363.6 million in 2011, $241.7 million during the eleven months ended November 30, 2010, and $1.1 billion in 2009.

**Not meaningful.