OneMain : Receivables Trust ODART 2019-1 PPM

OneMain Direct Auto Receivables Trust 2019-1

Monthly Servicer Report

Collection Period
Beginning Date	05/01/2024
End Date	05/31/2024
Payment Date	06/14/2024
Transaction Month	63
30/360 Days	30

ORIGINAL DEAL PARAMETERS

	Note Balance	% of Note Prin Bal	Interest Rate	Stated Maturity Date
Class A Notes	533,250,000.00	72.37%	3.63%	September 14, 2027
Class B Notes	89,630,000.00	12.16%	3.95%	November 14, 2028
Class C Notes	59,620,000.00	8.09%	4.19%	November 14, 2028
Class D Notes	54,380,000.00	7.38%	4.68%	April 14, 2031
Aggregate Note Principal Balance
736,880,000.00	100.00%
Overcollateralization Amount	13,128,297.16
Initial Loan Principal Balance:
750,008,297.16

NOTE BALANCE

	Beginning of Period	End of Period
	Note Balance	Note Factor	Note Balance	Note Factor	Change
Class A Notes	453,401,828.86	0.85026	409,340,347.05	0.76763	44,061,481.81
Class B Notes	89,630,000.00	1.00000	89,630,000.00	1.00000	0.00
Class C Notes	59,620,000.00	1.00000	59,620,000.00	1.00000	0.00
Class D Notes	54,380,000.00	1.00000	54,380,000.00	1.00000	0.00
Aggregate Note Principal Balance
657,031,828.86	0.89164	612,970,347.05	0.83185	44,061,481.81

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OneMain Direct Auto Receivables Trust 2019-1

Monthly Servicer Report

Collection Period
Beginning Date	05/01/2024
End Date	05/31/2024
Payment Date	06/14/2024
Transaction Month	63
30/360 Days	30
LOAN PRINCIPAL BALANCE
Beginning Adjusted Loan Principal Balance	683,707,478.88
Principal Collections (Scheduled Principal and Prepayments)	(22,860,105.67)
Charged-Off Loans	(2,183,520.71)
Other Customer Charges Net Increase / (Decrease)	83,166.41
Terminated Loans	(12,476,177.50)
Renewal Loan Replacements
0.00
Additional Loans (other than Renewal Loans)
0.00
Exchanged Loans	0.00
Replacement Loans	0.00
Excluded Loans	0.00
Optional Reassignment Loans	0.00
Repurchased Loans	(230,899.32)
Ending Adjusted Loan Principal Balance/Loan Action Date Loan Principal Balance	646,039,942.09

POOL INFORMATION

Weighted Avg. Coupon (WAC)

Weighted Avg. FICO*

Weighted Avg. Loan Remaining Term (WALRT)

Weighted Avg. Loan to Value

Adjusted Loan Principal Balance

Number of Loans

Additional Loan** Information for the Payment Date on 6/14/2024:

Weighted Avg. Coupon (WAC)

Weighted Avg. FICO*

Weighted Avg. Loan to Value

Loan Principal Balance

Number of Loans

*FICO scores determined at time of origination

**Contains Additional Loans including Renewal Loans and Replacement Loans

Beginning of Period	End of Period
20.14%	20.09%
622	622
42	41
134.27%	134.47%
683,707,478.88	646,039,942.09
51,483	49,110

N/A

N/A

N/A

N/A

N/A

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OneMain Direct Auto Receivables Trust 2019-1

Monthly Servicer Report

Collection Period
Beginning Date	05/01/2024
End Date	05/31/2024
Payment Date	06/14/2024
Transaction Month	63
30/360 Days	30

AVAILABLE FUNDS

Principal:
Principal Collections	22,860,105.67
Other Customer Charges Net Increase / (Decrease)	(83,166.41)
Repurchased Contract Proceeds Related to Principal	230,899.32
Recoveries/Liquidation Proceeds	383,334.45
Total Principal Collections	23,391,173.03
Interest:
Interest Collections	11,259,763.22
Interest on Repurchase Principal	-
Total Interest Collections
11,259,763.22
Collections Used/Sent for Renewals	-
Collections Used for Proposed Loans	-
Collections Used for Servicing Fee	(1,139,512.46)
Total Collections	33,511,423.79
Collection Account Interest	119,904.61
Principal Distribution Account Interest	40,400.01
Reserve Account Interest	15,480.92
Reserve Draw Account	3,750,041.49
Principal Distribution Account Draw Amount	-
Total Collections	37,437,250.82

Page 3

OneMain Direct Auto Receivables Trust 2019-1

Monthly Servicer Report

Collection Period
Beginning Date	05/01/2024
End Date	05/31/2024
Payment Date	06/14/2024
Transaction Month	63
30/360 Days	30

DISTRIBUTIONS

		Calculated Amount	Amount Paid	Shortfall	Carryover Shortfall	Remaining Available Funds
Indenture Trustee/ Owner Trustee/ Back-up Servicer/ Depositor Loan
Trustee/ Issuer Loan Trustee		833.33	833.33		-	-	37,436,417.49
Back-up Servicing Fee and Servicing Transition costs	0.025%	14,243.91	14,243.91		-	-	37,422,173.58
Servicing Fee	2.00%	-	-		-	-	37,422,173.58
Class A Monthly Interest Amount		1,371,540.53	1,371,540.53		-	-	36,050,633.05
First Priority Principal Payment		-	-		-	-	36,050,633.05
Class B Montly Interest Amount		295,032.08	295,032.08		-	-	35,755,600.97
Second Priority Principal Payment		-	-		-	-	35,755,600.97
Class C Monthly Interest Amount		208,173.17	208,173.17		-	-	35,547,427.80
Third Priority Principal Payment		-	-		-	-	35,547,427.80
Class D Monthly Interest Amount		212,082.00	212,082.00		-	-	35,335,345.80
Fourth Priority Principal Payment		-	-		-	-	35,335,345.80
Required Reserve Account Amount		3,750,041.49	3,750,041.49		-	-	31,585,304.31
Advances made by the Servicer (aggregate unpaid balance)		-	-		-	-	31,585,304.31
Regular Principal Payment Amount		31,585,304.31	31,585,304.31		-	-	-
Additional Transaction Participant Fees		-	-		-	-	-
Additional Indeminified Amounts		-	-		-	-	-
Advances that remain unpaid after giving effect to distributions above	-	-		-	-	-
Residual Released to the Depositor		-	-		-	-	-
Total			37,437,250.82

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OneMain Direct Auto Receivables Trust 2019-1

Monthly Servicer Report

Collection Period
Beginning Date	05/01/2024
End Date	05/31/2024
Payment Date	06/14/2024
Transaction Month	63
30/360 Days	30

RESERVE ACCOUNT

Beginning Period Reserve Account Amount	3,750,041.49
Reserve Draw Amount	(3,750,041.49)
Reserve Deposit Amount	3,750,041.49
Ending Period Reserve Account Amount	3,750,041.49
Change in Reserve Account Balance	-
Required Reserve Account Amount	3,750,041.49

PRINCIPAL DISTRIBUTION ACCOUNT

Beginning Period Distribution Account Amount	-
Principal Distribution Draw Amount	12,476,177.50
Ending Principal Distribution Amount Prior to Payment Waterfall	12,476,177.50
Principal Distribution Deposit Amount	31,585,304.31
Distribution to Noteholders (except during Revolving Period)
Class A Noteholders	(44,061,481.81)
Class B Noteholders	-
Class C Noteholders	-
Class D Noteholders	-
Purchase of Loans on Payment Date	-
Ending Period Principal Distribution Account Amount	-
Change in Principal Distribution Account Amount	-

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OneMain Direct Auto Receivables Trust 2019-1

Monthly Servicer Report

Collection Period
Beginning Date	05/01/2024
End Date	05/31/2024
Payment Date	06/14/2024
Transaction Month	63
30/360 Days	30

OVERCOLLATERALIZATION

Beginning of Period Overcollateralization	26,675,650.02
Adjusted Loan Principal Balance	646,039,942.09
Minimum Overcollateralization Amount	15,000,165.94
Target Overcollateralization Amount	56,992,762.18
Target Note Balance needed for Target Overcollateralization	589,047,179.91
Amortization Period:
Target Principal Payment to Notes for Target Overcollateralization	67,984,648.95
Regular Principal Payment Amount Due	(55,508,471.45)
Regular Principal Payment Amount Paid	(44,061,481.81)
Shortfall | Overcollateralization Deficiency Amount	23,923,167.14
End of Period Overcollateralization	33,069,595.04
Overcollateralization Event	NO

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OneMain Direct Auto Receivables Trust 2019-1

Monthly Servicer Report

Collection Period
Beginning Date	05/01/2024
End Date	05/31/2024
Payment Date	06/14/2024
Transaction Month	63
30/360 Days	30

DELINQUENCY AND NET LOSS ACTIVITY

	Number of Loans	Number of Loans %	Loan Prin Balance	Loan Prin Balance %
Current (0 Days)	43,824	89.24%	575,254,793.65	89.04%
One Payment Past Due (1-29 Days)	3,856	7.85%	52,410,360.01	8.11%
Two Payments Past Due (30-59 Days)	654	1.33%	8,409,436.76	1.30%
Three Payments Past Due (60-89 Days)	317	0.65%	4,178,770.92	0.65%
Four thru Six Payments Past Due (90-179 Days)	449	0.91%	5,652,069.81	0.87%
Seven or More Payments Past Due (180+)	10	0.02%	134,510.94	0.02%
	49,110	100.00%	646,039,942.09	100.00%
Charged-Offs Loans
Current Period NET Charged-Off Loans				1,800,186.26
Beginning Adjusted Loan Principal Balance				683,707,478.88
Monthly Net Loss Percentage				3.16%
Monthly Net Loss Percentage for 1st Preceding Collection Period				2.79%
Monthly Net Loss Percentage for 2nd Preceding Collection Period				2.49%
Three-month average Monthly Net Loss Percentage for Current Period				2.81%
Three-month average Monthly Net Loss Percentage for 1st Preceding Collection Period				2.74%
Three-month average Monthly Net Loss Percentage for 2nd Preceding Collection Period				2.79%

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OneMain Direct Auto Receivables Trust 2019-1

Monthly Servicer Report

Collection Period
Beginning Date	05/01/2024
End Date	05/31/2024
Payment Date	06/14/2024
Transaction Month	63
30/360 Days	30

REINVESTMENT CRITERIA EVENTS

	Initial Pool	Current Pool	Limit	In Compliance
Top 3 Customer State	26.30%	30.98%	40.00%	N/A
Any Customer State (except for the top 3)	6.51%	6.81%	15.00%	N/A
Weighed Avg. Coupon (WAC)	19.68%	20.09%	16.50%	N/A
Weighed Average Loan Remaining Term	51	41	56	N/A
Risk Level:	0.00%	0.00%	0.50%	N/A
No Risk Level/ F or E
No Risk Level/ F to (and including) D	0.45%	0.18%	2.50%	N/A
No Risk Level/ F to (and including) C	9.30%	5.65%	15.00%	N/A
No Risk Level/ F to (and including) B	22.75%	19.37%	35.00%	N/A
No Risk Level/ F to (and including) A	47.53%	42.11%	55.00%	N/A
No Risk Level/ F to (and including) P	73.41%	72.51%	80.00%	N/A
No Risk Level/ F to (and including) S	100.00%	100.00%	100.00%	N/A
Overcollateralization Event		NO
Reinvestment Criteria Event		NO
Reinvestment Criteria Event for first Preceding Collection Period		NO
Reinvestment Criteria Event for second Preceding Collection Period		NO
12-Month Exchanged/Reserved Loans	-	-	150,001,659.43	N/A
UPB of Replacement loans >= UPB of Exchanged loans		N/A	95.00%	N/A

EARLY AMORTIZATION EVENTS

	Amount	Trigger Level	Amortization Event
3-Month Monthly Net Loss Trigger	2.81%	6.50%	N/A
3-Month Reinvestment Criteria Event			N/A
Servicer Default			N/A

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