Exhibit 12

SPRINGLEAF FINANCE CORPORATION AND SUBSIDIARIES

Computation of Ratio of Earnings to Fixed Charges

	Successor								Predecessor
	Company								Company
							One Month		Eleven Months
	Year Ended			Year Ended			Ended		Ended			Year Ended			Year Ended
	December 31,			December 31,			December 31,		November 30,			December 31,			December 31,
(dollars in thousands)	2012			2011			2010		2010			2009			2008
Earnings:
Income (loss) before benefit from income taxes	$	(311,840	)	$	(323,058	)	$	1,460,765	$	(244,540	)	$	(888,647	)	$	(924,693	)
Interest expense	1,060,950			1,258,279			117,676		978,364			1,050,164			1,209,920
Implicit interest in rents	12,115			12,638			1,207		13,751			19,287			26,592
Total earnings	$	761,225		$	947,859		$	1,579,648	$	747,575		$	180,804		$	311,819
Fixed charges:
Interest expense	$	1,060,950		$	1,258,279		$	117,676	$	978,364		$	1,050,164		$	1,209,920
Implicit interest in rents	12,115			12,638			1,207		13,751			19,287			26,592
Total fixed charges	$	1,073,065		$	1,270,917		$	118,883	$	992,115		$	1,069,451		$	1,236,512
Ratio of earnings to fixed charges*	0.71			0.75			13.29		0.75			0.17			0.25

*    Earnings did not cover total fixed charges by $311.8 million in 2012, $323.1 million in 2011, $244.5 million during the eleven months ended November 30, 2010, $888.6 million in 2009, and $924.7 million in 2008.

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