v3.26.1
FAIR VALUE OF ASSETS AND LIABILITIES - Schedule of Assets and Liabilities Not Recorded at Fair Value (Details) - USD ($)
$ in Thousands
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Cash and Cash Equivalents $ 46,755 $ 30,334 $ 34,970
Restricted Cash 94,363 [1],[2] 114,753 [1],[2] $ 120,298
Accounts Receivable [1],[2] 11,947 7,545  
Total Assets 740,087 877,030  
Accounts Payable and Accrued Liabilities 73,692 58,558  
Payable to Investors 77,604 91,945  
Notes Issued by Securitization Trust [1],[2] 149,902 258,960  
Total Liabilities 884,695 1,061,348  
Level 1 Inputs      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Cash and Cash Equivalents 46,755 30,334  
Accounts Receivable 0 0  
Total Assets 139,609 142,058  
Accounts Payable and Accrued Liabilities 0 0  
Transaction Fee Refund Liability (Note 17) 0 0  
Payable to Investors 0 0  
Notes Issued by Securitization Trust 0 0  
Term Loan (Note 11) 0 0  
Total Liabilities 0 0  
Level 1 Inputs | Restricted Cash - Cash and Cash Equivalents      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Restricted Cash 92,854 111,724  
Level 1 Inputs | Restricted Cash - Certificates of Deposit      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Restricted Cash 0 0  
Level 2 Inputs      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Cash and Cash Equivalents 0 0  
Accounts Receivable 11,947 7,545  
Total Assets 13,456 10,574  
Accounts Payable and Accrued Liabilities 56,501 49,346  
Transaction Fee Refund Liability (Note 17) 0 0  
Payable to Investors 77,604 91,945  
Notes Issued by Securitization Trust 151,325 260,985  
Term Loan (Note 11) 76,089 76,581  
Total Liabilities 361,519 478,857  
Level 2 Inputs | Restricted Cash - Cash and Cash Equivalents      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Restricted Cash 0 0  
Level 2 Inputs | Restricted Cash - Certificates of Deposit      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Restricted Cash 1,509 3,029  
Level 3 Inputs      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Cash and Cash Equivalents 0 0  
Accounts Receivable 0 0  
Total Assets 0 0  
Accounts Payable and Accrued Liabilities 0 0  
Transaction Fee Refund Liability (Note 17) 17,191 9,212  
Payable to Investors 0 0  
Notes Issued by Securitization Trust 0 0  
Term Loan (Note 11) 0 0  
Total Liabilities 17,191 9,212  
Level 3 Inputs | Restricted Cash - Cash and Cash Equivalents      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Restricted Cash 0 0  
Level 3 Inputs | Restricted Cash - Certificates of Deposit      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Restricted Cash 0 0  
Carrying Amount      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Cash and Cash Equivalents 46,755 30,334  
Accounts Receivable 11,947 7,545  
Total Assets 153,065 152,632  
Accounts Payable and Accrued Liabilities 56,501 49,346  
Transaction Fee Refund Liability (Note 17) 17,191 9,212  
Payable to Investors 77,604 91,945  
Notes Issued by Securitization Trust 149,902 258,960  
Term Loan (Note 11) 75,000 75,540  
Total Liabilities 376,198 485,003  
Carrying Amount | Restricted Cash - Cash and Cash Equivalents      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Restricted Cash 92,854 111,724  
Carrying Amount | Restricted Cash - Certificates of Deposit      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Restricted Cash 1,509 3,029  
Fair Value      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Cash and Cash Equivalents 46,755 30,334  
Accounts Receivable 11,947 7,545  
Total Assets 153,065 152,632  
Accounts Payable and Accrued Liabilities 56,501 49,346  
Transaction Fee Refund Liability (Note 17) 17,191 9,212  
Payable to Investors 77,604 91,945  
Notes Issued by Securitization Trust 151,325 260,985  
Term Loan (Note 11) 76,089 76,581  
Total Liabilities 378,710 488,069  
Fair Value | Restricted Cash - Cash and Cash Equivalents      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Restricted Cash 92,854 111,724  
Fair Value | Restricted Cash - Certificates of Deposit      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Restricted Cash $ 1,509 $ 3,029  
[1]
The following table presents the assets and liabilities of consolidated variable interest entities (“VIEs”), which are included in the Consolidated Balance Sheets above. The assets in the table below may only be used to settle obligations of consolidated VIEs and are in excess of those obligations. Additionally, the assets and liabilities in the table below include third-party assets and liabilities of consolidated VIEs only and exclude intercompany balances that eliminate in consolidation. Refer to Note 7, Securitizations, and Note 11, Debt, to the notes to the consolidated financial statements for additional information.

December 31,
20252024
Assets of consolidated VIEs, included in total assets above:
Restricted Cash$11,892 $17,961 
Accounts Receivable1,376 1,019 
Borrower Loans, at Fair Value64,400 176,208 
Receivable from Credit Card Partner, at Fair Value99,865 104,153 
Total assets of consolidated VIEs$177,533 $299,341 
Liabilities of consolidated VIEs, included in total liabilities above:
Notes Issued by Securitization Trusts$149,902 $258,960 
Other Liabilities2,163 1,570 
Total liabilities of consolidated VIEs$152,065 $260,530 
[2] (1) Includes amounts in consolidated variable interest entities presented separately in the table below.