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FINANCE RECEIVABLES (Tables)

12 Months Ended

Sep. 30, 2017



	As of September 30,
	2017			2016
	(dollars in thousands)
Finance Receivables:
Gross finance receivables	$	242,684		$	280,947

Less:				0
Advanced finance receivable payments	(2,068		)	(2,397		)
Gross finance receivables less advanced finance receivable payments	240,616			278,550

Less:
Net deferred loan fees	(5,949		)	(6,271		)
Unearned debt protection fees	(859		)	(3,175		)
Debt protection claims and policy reserves	(642		)	(812		)
Total unearned fees, debt protection claims and policy reserves	(7,450		)	(10,258		)

Finance receivables - net of unearned fees, debt protection claims and policy reserves	233,166			268,292

Allowance for credit losses	(33,725		)	(30,374		)

Net finance receivables	$	199,441		$	237,918

Schedule of changes in the components of allowance for credit losses on finance receivables

The following table sets forth changes in the components of our allowance for credit losses on finance receivables as of the end of the years presented:



	As of and for the Years Ended September 30,
	2017			2016
	(dollars in thousands)
Allowance for credit losses:
Balance, beginning of period	$	30,374		$	28,957
Finance receivables charged-off	(36,271		)	(34,227		)
Recoveries	4,482			4,516
Provision for credit losses	35,140			31,128
Balance, end of period	$	33,725		$	30,374

Finance receivables:	242,684			280,947
Allowance for credit losses	(33,725		)	(30,374		)
Balance, net of allowance	$	208,959		$	250,573

Schedule of the credit quality of the Company's finance receivables



	As of September 30,
	2017			2016
	(dollars in thousands)

Gross finance receivables	$	242,684		$	280,947
Performing	227,167			264,834
Non-performing	15,517			16,113
Non-performing finance receivables as a percent of gross finance receivables	6.39		%	5.74		%

Schedule of age analysis of past due financing receivables

As of September 30, 2017, and 2016, past due finance receivables, on a recency basis, are as follows:



	Age Analysis of Past Due Financing Receivables
	Balance at September 30, 2017
	60-89 Days Past Due		90-180 Days Past Due		Total 60-180 Days Past Due		0-59 Days Past Due		Total Finance Receivables
	(dollars in thousands)

Finance receivables	$	2,485	$	8,327	$	10,812	$	231,872	$	242,684



	Age Analysis of Past Due Financing Receivables
	Balance at September 30, 2016
	60-89 Days Past Due		90-180 Days Past Due		Total 60-180 Days Past Due		0-59 Days Past Due		Total Finance Receivables
	60-89 Days Past Due		90-180 Days Past Due		Total 60-180 Days Past Due		0-59 Days Past Due		Total Finance Receivables
	(dollars in thousands)

Finance receivables	$	5,966	$	10,924	$	16,890	$	264,057	$	280,947

Summary of activity in the liability for unpaid claims and claim adjustment expenses for debt protection and reinsurance products

Activity in the liability for unpaid claims and claim adjustment expenses for the debt protection product are summarized as follows:



	As of and for the Years ended September 30,
	2017			2016			2015
	(dollars in thousands)

Balance, beginning of year	$	812		$	1,291		$	2,196
Claim amount incurred	1,187			1,005			1,214
Claim amount paid	(1,357		)	(1,484		)	(2,119		)
Balance, end of year	$	642		$	812		$	1,291