Finance Receivables (Tables)

12 Months Ended

Dec. 31, 2012

Receivables [Abstract]

Finance receivable [Table Text Block]

The following summarizes the components of finance receivables:

	December 31,
	2012		2011
	($ in thousands)
Principal Balances	$	1,601,710	$	1,466,680
Accrued Interest	16,414		12,971
Loan Origination Costs	16,498		15,689
Finance Receivables	$	1,634,622	$	1,495,340

Past Due Financing Receivables [Table Text Block]

Age Analysis of Past Due Finance Receivables

	December 31,
Days Delinquent:	2012				2011
	($ in thousands)
	Percent of Portfolio		Loan Principal		Percent of Portfolio		Loan Principal
Current	49.1	%	$	786,765	66.8	%	$	979,155
01-30 Days	33.0	%	528,300		22.0	%	322,670
31-60 Days	10.0	%	161,157		7.1	%	104,574
61-90 Days	5.1	%	81,378		3.8	%	55,881
91-120 Days	2.8	%	44,110		0.3	%	4,400
Total Past Due	50.9	%	$	814,945	33.2	%	$	487,525
Total Finance Receivables	100.0	%	$	1,601,710	100.0	%	$	1,466,680

Financing Receivable Credit Quality Indicators

At December 31, 2012, a summary of our portfolio by our internally assigned credit risk ratings was as follows:

Grade	Average FICO Score (1)	Percentage of Portfolio  Contracts		Total Contracts	Percentage of Portfolio Principal		Total Portfolio Principal
							($ in thousands)
A+	556	10.4	%	14,660	10.6	%	$	169,023
A	539	18.5	%	25,998	18.8	%	301,173
B	517	37.3	%	52,476	38.2	%	612,084
C	503	28.4	%	40,066	27.8	%	445,497
C-	488	3.9	%	5,447	3.3	%	53,512
D+/D/D-	478	1.5	%	2,101	1.3	%	20,421
		100.0	%	140,748	100.0	%	$	1,601,710

At December 31, 2011, a summary of our portfolio by our internally assigned credit risk ratings was as follows:

Grade	Average FICO Score (1)	Percentage of Portfolio Contracts		Total Contracts	Percentage of Portfolio Principal		Total Portfolio Principal
							($ in thousands)
A+	557	10.4	%	14,270	10.7	%	$	156,935
A	538	18.2	%	24,954	18.7	%	274,269
B	516	36.8	%	50,582	38.3	%	561,738
C	500	28.2	%	38,756	27.1	%	397,470
C-	486	4.7	%	6,400	3.8	%	55,734
D+/D/D-	475	1.7	%	2,331	1.4	%	20,534
		100.0	%	137,293	100.0	%	$	1,466,680

Schedules of Concentration of Risk, by Risk Factor

ur portfolio concentration by state was as follows:

December 31, 2012
State	Percent of Portfolio		Loan Principal
			($ in thousands)
Texas	23.0	%	$	369,021
Florida	15.4	%	247,281
North Carolina	9.9	%	157,670
Georgia	7.6	%	122,027
Arizona	6.8	%	108,792
Virginia	6.7	%	106,749
Tennessee	4.6	%	72,967
California	4.4	%	71,005
Nevada	4.0	%	63,346
South Carolina	3.6	%	58,163
New Mexico	3.0	%	48,421
Alabama	2.8	%	44,787
Oklahoma	2.3	%	36,109
Colorado	2.2	%	35,268
Indiana	1.3	%	21,603
Ohio	1.1	%	17,417
Mississippi	1.0	%	15,847
Arkansas	0.2	%	3,218
Missouri	0.1	%	2,019
	100.0	%	$	1,601,710

December 31, 2011
State	Percent of Portfolio		Loan Principal
			($ in thousands)
Texas	23.9	%	$	351,210
Florida	16.6	%	243,024
North Carolina	10.3	%	150,920
Arizona	7.6	%	112,097
Virginia	7.3	%	106,715
Georgia	7.3	%	106,415
California	4.9	%	72,137
Nevada	4.6	%	67,631
Tennessee	3.9	%	56,925
New Mexico	3.6	%	53,484
Colorado	2.8	%	40,558
South Carolina	2.6	%	37,987
Oklahoma	1.9	%	28,229
Alabama	1.7	%	25,455
Indiana	0.5	%	6,843
Mississippi	0.4	%	5,844
Ohio	0.1	%	1,206
Arkansas	—	%	—
Missouri	—	%	—
	100.0	%	$	1,466,680

Allowance for Credit Losses on Financing Receivables [Table Text Block]

The following table sets forth the rollforward of the allowance for credit losses for the periods indicated:

	Years Ended December 31,
	2012			2011
	($ in thousands)
Allowance Activity:
Balance, beginning of period	$	221,533		$	208,000
Provision for credit losses	253,603			207,198
Net charge-offs	(222,546		)	(193,665		)
Balance, end of period	$	252,590		$	221,533
Allowance as a percent of ending principal	15.7		%	15.1		%
Charge-off Activity:
Principal balances	$	(372,493	)	$	(338,357	)
Recoveries, net	149,947			144,692
Net charge-offs	$	(222,546	)	$	(193,665	)