v3.26.1
CONSUMER RECEIVABLES, NET (Tables)
 6 Months Ended
Jun. 30, 2026
Receivables [Abstract]  
Schedule of Aging Analysis of Consumer Receivables held for Investment
The following table presents an aging analysis of the amortized cost of consumer receivables by delinquency status (in thousands):
  June 30, 2026December 31, 2025
Non-delinquent loans$2,205,036 $2,416,017 
1 - 60 days past due361,913 363,165 
61 - 90 days past due30,604 29,984 
> 90 days past due
121,060 101,021 
Total amortized cost$2,718,613 $2,910,187 
The following table presents an aging analysis of the amortized cost of consumer loans held for investment by delinquency status (in thousands):
  June 30, 2026December 31, 2025
Non-delinquent loans$3,082,512 $2,810,925 
1 - 59 days past due
355,382 293,088 
60 - 89 days past due
139,771 78,606 
90+ days past due5,370 5 
Total amortized cost$3,583,035 $3,182,624 
Schedule of Activity in Allowance for Credit Losses for Consumer Receivables
The following table summarizes activity in the allowance for credit losses for consumer receivables (in thousands):
Three Months Ended
June 30,		Six Months Ended
June 30,
2026202520262025
Allowance for credit losses, beginning of the period$236,688 $193,420 $239,865 $201,793 
Provision for credit losses91,051 88,100 167,603 143,750 
Charge-offs and other adjustments(87,519)(75,340)(167,968)(140,976)
Foreign exchange effect 687 5,801 1,407 7,414 
Allowance for credit losses, end of the period$240,907 $211,981 $240,907 $211,981 
The following table presents the Company's loans held for investment allowance for credit losses by category (in thousands):
Three Months Ended
June 30, 2026
ConsumerCommercialOtherTotal
Beginning balance of the allowance for credit losses$435,018 $32,062 $15,722 $482,802 
Current period provisions for expected credit losses400,800 11,481 8,007 420,288 
Write-offs charged against the allowance(331,868)(14,943)(2,372)(349,183)
Recoveries of amounts previously written off23,759 3,652 — 27,411 
Ending balance of the allowance for credit losses$527,709 $32,252 $21,357 $581,318 

Six Months Ended
June 30, 2026
ConsumerCommercialOtherTotal
Beginning balance of the allowance for credit losses$340,117 $33,602 $9,142 $382,861 
Current period provisions for expected credit losses734,629 21,874 14,591 771,094 
Write-offs charged against the allowance(595,774)(29,354)(2,376)(627,504)
Recoveries of amounts previously written off48,737 6,130 — 54,867 
Ending balance of the allowance for credit losses$527,709 $32,252 $21,357 $581,318