This process was completed in late 2016 after 127 assets and branches were sold to Lendmark Financial Services, LLC. Springleaf Financial Services announced plans to buy OneMain Financial in 2015 from Citigroup.
It was purchased again in 2010 by Fortress Investment Group and underwent a name change to Springleaf Financial Services in 2011. This company was sold several times, eventually ending up with AIG Group in 2001.
Interstate Finance Corporation was founded in 1920 in Evansville, Indiana. The company changed hands several times, ending with Citicorp in 1998, and it officially changed the name to OneMain in 2011, and to OneMain Financial in 2015. Its aim was to provide loans and capital to building contractors and manufacturers. OneMain Financial was founded in 1912 in Baltimore, Maryland under the name of Commercial Credit. If you're in the process of rebuilding your credit, or if you have poor to fair credit and you need a loan, OneMain Financial might be an option to look into getting.
