Finance receivables measured at fair value (Tables)
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9 Months Ended |
Sep. 30, 2026 |
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| Receivables [Abstract] |
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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 | | |
Nine Months Ended | |
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September 30, | | |
September 30, | |
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2026 | | |
2025 | | |
2026 | | |
2025 | |
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(In thousands) | | |
(In thousands) | |
| Balance at beginning of period | |
$ | 4,212,167 | | |
$ | 3,559,029 | | |
$ | 3,655,855 | | |
$ | 3,313,767 | |
| Finance receivables at fair value acquired during period | |
| 801,272 | | |
| 392,822 | | |
| 2,067,908 | | |
| 1,275,701 | |
| Payments received on finance receivables at fair value | |
| (307,572 | ) | |
| (260,043 | ) | |
| (878,211 | ) | |
| (777,612 | ) |
| Net interest income accretion on fair value receivables | |
| (81,282 | ) | |
| (66,867 | ) | |
| (220,967 | ) | |
| (193,415 | ) |
| Mark to fair value | |
| – | | |
| – | | |
| – | | |
| 6,500 | |
| Balance at end of period | |
$ | 4,624,585 | | |
$ | 3,624,941 | | |
$ | 4,624,585 | | |
$ | 3,624,941 | |
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| Schedule of finance receivables to their contractual balances |
| Schedule of finance receivables to their contractual balances | |
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September 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 | |
$ | 4,711,049 | | |
$ | 4,624,585 | | |
$ | 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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September 30, | | |
December 31, | | |
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September 30, | | |
December 31, | |
| | |
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 | |
$ | 4,624,585 | | |
$ | 3,655,855 | | |
Discount rate | |
| 11.01% | | |
| 11.07% | |
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Cumulative net losses | |
| 16.49% | | |
| 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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September 30, | | |
December 31, | |
| | |
2026 | | |
2025 | |
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(In thousands) | |
| Delinquency Status | |
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| Current | |
$ | 4,131,880 | | |
$ | 3,220,198 | |
| 31 - 60 days | |
| 298,060 | | |
| 272,421 | |
| 61 - 90 days | |
| 125,033 | | |
| 118,201 | |
| 91 + days | |
| 57,406 | | |
| 56,203 | |
| Repo | |
| 98,671 | | |
| 111,104 | |
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$ | 4,711,049 | | |
$ | 3,778,127 | |
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