Finance receivables measured at fair value (Tables)
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6 Months Ended |
Jun. 30, 2026 |
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| Finance Receivables Measured At Fair Value |
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| Schedule of reconciliation of the finance receivables measured at fair value on a recurring basis |
| Schedule of reconciliation of the finance receivables measured at fair value on a recurring basis | |
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Three Months Ended | | |
Six Months Ended | |
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June 30, | | |
June 30, | |
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2026 | | |
2025 | | |
2026 | | |
2025 | |
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(In thousands) | | |
(In thousands) | |
| Balance at beginning of period | |
$ | 3,835,789 | | |
$ | 3,449,106 | | |
$ | 3,655,855 | | |
$ | 3,313,767 | |
| Finance receivables at fair value acquired during period | |
| 741,736 | | |
| 433,277 | | |
| 1,266,636 | | |
| 882,879 | |
| Payments received on finance receivables at fair value | |
| (295,620 | ) | |
| (264,713 | ) | |
| (570,639 | ) | |
| (517,569 | ) |
| Net interest income accretion on fair value receivables | |
| (69,738 | ) | |
| (61,641 | ) | |
| (139,685 | ) | |
| (126,548 | ) |
| Mark to fair value | |
| – | | |
| 3,000 | | |
| – | | |
| 6,500 | |
| Balance at end of period | |
$ | 4,212,167 | | |
$ | 3,559,029 | | |
$ | 4,212,167 | | |
$ | 3,559,029 | |
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| Schedule of finance receivables to their contractual balances |
| Schedule of finance receivables to their contractual balances | |
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June 30, 2026 | | |
December 31, 2025 | |
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Contractual | | |
Fair | | |
Contractual | | |
Fair | |
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Balance | | |
Value | | |
Balance | | |
Value | |
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(In thousands) | |
| Finance receivables measured at fair value | |
$ | 4,306,511 | | |
$ | 4,212,167 | | |
$ | 3,778,127 | | |
$ | 3,655,855 | |
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| Schedule of level 3 fair value measurements |
| Schedule of level 3 fair value measurements | |
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| Financial Instrument | |
Fair Values as of | | |
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Weight Avg. Inputs as of | |
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June 30, | | |
December 31, | | |
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June 30, | | |
December 31, | |
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2026 | | |
2025 | | |
Unobservable | |
2026 | | |
2025 | |
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(In thousands) | | |
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| Assets: | |
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| Finance receivables measured at fair value | |
$ | 4,212,167 | | |
$ | 3,655,855 | | |
Discount rate | |
| 11.02% | | |
| 11.07% | |
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Cumulative net losses | |
| 16.35% | | |
| 16.02% | |
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| Schedule of delinquency status of finance receivables measured at fair value |
| Schedule of delinquency
status of finance receivables measured at fair value | |
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June 30, | | |
December 31, | |
| | |
2026 | | |
2025 | |
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(In thousands) | |
| Delinquency Status | |
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| Current | |
$ | 3,782,693 | | |
$ | 3,220,198 | |
| 31 - 60 days | |
| 274,270 | | |
| 272,421 | |
| 61 - 90 days | |
| 109,305 | | |
| 118,201 | |
| 91 + days | |
| 45,933 | | |
| 56,203 | |
| Repo | |
| 94,310 | | |
| 111,104 | |
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$ | 4,306,511 | | |
$ | 3,778,127 | |
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