Loans and finance receivables are summarized as follows (in millions).


	December 31,
	2024			2023
Loans and finance receivables, before allowances and discounts	$	29,700		$	26,289
Allowances for credit losses		(1,134	)		(950	)
Unamortized acquisition discounts and points		(768	)		(658	)
	$	27,798		$	24,681

Loans and finance receivables are principally manufactured home loans, and to a lesser extent, commercial loans and site-built home loans. Reconciliations of the allowance for credit losses on loans and finance receivables for each of the three years ending December 31, 2024 follow (in millions).


	2024			2023			2022
Balance at the beginning of the year	$	950		$	856		$	765
Provision for credit losses		298			169			124
Charge-offs, net of recoveries		(114	)		(75	)		(33	)
Balance at December 31	$	1,134		$	950		$	856

At December 31, 2024, substantially all manufactured and site-built home loan balances were evaluated collectively for impairment, and we considered approximately 96% of these loans to be current as to payment status. A summary of performing and non-performing home loans, before discounts and credit loss allowances, by year of loan origination as of December 31, 2024 follows (in millions).


	Origination Year
	2024		2023		2022		2021		2020		Prior		Total
Performing	$	6,578	$	4,969	$	3,651	$	3,052	$	2,358	$	8,172	$	28,780
Non-performing		13		22		16		11		10		45		117
	$	6,591	$	4,991	$	3,667	$	3,063	$	2,368	$	8,217	$	28,897