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LOANS RECEIVABLE AND REVENUE (Tables)
 6 Months Ended
Jun. 30, 2018
Receivables [Abstract]  
Summary of Revenue by Product
The following table summarizes revenue by product for the periods indicated:
 
Three Months Ended June 30,
 
Six Months Ended June 30,
(in thousands)
2018
 
2017
 
2018
 
2017
Unsecured Installment
$
123,473

 
$
105,149

 
$
256,419

 
$
214,580

Secured Installment
25,777

 
23,173

 
52,633

 
46,842

Open-End
27,222

 
15,805

 
54,445

 
33,712

Single-Pay
61,602

 
63,241

 
125,307

 
127,031

Ancillary
10,909

 
9,576

 
21,937

 
19,359

   Total revenue
$
248,983

 
$
216,944

 
$
510,741

 
$
441,524
Summary of Loans Receivable by Product and Related Delinquent Loans
The following tables summarize Loans receivable by product and the related delinquent loans receivable at June 30, 2018:
 
 
June 30, 2018
(in thousands)
 
Single-Pay
Unsecured Installment
Secured Installment
Open-End
Total
Current loans receivable
 
$
89,574

$
139,142

$
69,788

$
91,034

$
389,538

Delinquent loans receivable
 
—

40,272

14,817

—

55,089

   Total loans receivable
 
89,574

179,414

84,605

91,034

444,627

   Less: allowance for losses
 
(4,372
)
(35,279
)
(10,386
)
(9,717
)
(59,754
)
Loans receivable, net
 
$
85,202

$
144,135

$
74,219

$
81,317

$
384,873


 
 
June 30, 2018
(in thousands)
 
Unsecured Installment
Secured Installment
Total
Delinquent loans receivable
 
 
 
 
0-30 days past due
 
$
17,052

$
7,551

$
24,603

31-60 days past due
 
11,886

3,892

15,778

61-90 days past due
 
11,334

3,374

14,708

Total delinquent loans receivable
 
$
40,272

$
14,817

$
55,089


The following tables summarize Loans receivable by product and the related delinquent loans receivable at December 31, 2017:
 
 
December 31, 2017
(in thousands)
 
Single-Pay
Unsecured Installment
Secured Installment
Open-End
Total
Current loans receivable
 
$
99,400

$
151,343

$
73,165

$
47,949

$
371,857

Delinquent loans receivable
 
—

44,963

16,017

—

60,980

   Total loans receivable
 
99,400

196,306

89,182

47,949

432,837

   Less: allowance for losses
 
(5,916
)
(43,754
)
(13,472
)
(6,426
)
(69,568
)
Loans receivable, net
 
$
93,484

$
152,552

$
75,710

$
41,523

$
363,269


 
 
December 31, 2017
(in thousands)
 
Unsecured Installment
Secured Installment
Total
Delinquent loans receivable
 
 
 


0-30 days past due
 
$
18,358

$
8,116

$
26,474

31-60 days past due
 
12,836

3,628

16,464

61-90 days past due
 
13,769

4,273

18,042

Total delinquent loans receivable
 
$
44,963

$
16,017

$
60,980


The following tables summarize loans guaranteed by us under our CSO programs and the related delinquent receivables at June 30, 2018:
 
 
June 30, 2018
(in thousands)
 
Unsecured Installment
Secured Installment
Total
Current loans receivable guaranteed by the Company
 
$
56,055

$
2,379

$
58,434

Delinquent loans receivable guaranteed by the Company
 
10,318

428

10,746

Total loans receivable guaranteed by the Company
 
66,373

2,807

69,180

Less: CSO guarantee liability
 
(11,193
)
(426
)
(11,619
)
Loans receivable guaranteed by the Company, net
 
$
55,180

$
2,381

$
57,561


 
 
June 30, 2018
(in thousands)
 
Unsecured Installment
Secured Installment
Total
Delinquent loans receivable
 
 
 


0-30 days past due
 
$
8,835

$
362

$
9,197

31-60 days past due
 
1,043

39

1,082

61-90 days past due
 
440

27

467

Total delinquent loans receivable
 
$
10,318

$
428

$
10,746


The following tables summarize loans guaranteed by us under our CSO programs and the related delinquent receivables at December 31, 2017:    
 
 
December 31, 2017
(in thousands)
 
Unsecured Installment
Secured Installment
Total
Current loans receivable guaranteed by the Company
 
$
62,676

$
3,098

$
65,774

Delinquent loans receivable guaranteed by the Company
 
12,480

537

13,017

Total loans receivable guaranteed by the Company
 
75,156

3,635

78,791

Less: CSO guarantee liability
 
(17,073
)
(722
)
(17,795
)
Loans receivable guaranteed by the Company, net
 
$
58,083

$
2,913

$
60,996


 
 
December 31, 2017
(in thousands)
 
Unsecured Installment
Secured Installment
Total
Delinquent loans receivable
 
 
 
 
0-30 days past due
 
$
10,477

$
459

$
10,936

31-60 days past due
 
1,364

41

1,405

61-90 days past due
 
639

37

676

Total delinquent loans receivable
 
$
12,480

$
537

$
13,017
Summary of the Activity in the Allowance for Loan Losses
The following table summarizes activity in the allowance for loan losses during the six months ended June 30, 2018:
 
Six Months Ended June 30, 2018
(in thousands)
Single-Pay
Unsecured Installment
Secured Installment
Open-End
Other
Total
Balance, beginning of period
$
5,916

$
43,754

$
13,472

$
6,426

$
—

$
69,568

Charge-offs
(92,524
)
(75,479
)
(22,567
)
(44,156
)
(1,268
)
(235,994
)
Recoveries
65,283

12,335

5,162

21,260

87

104,127

Net charge-offs
(27,241
)
(63,144
)
(17,405
)
(22,896
)
(1,181
)
(131,867
)
Provision for losses
25,829

54,911

14,319

26,276

1,181

122,516

Effect of foreign currency translation
(132
)
(242
)
—

(89
)
—

(463
)
Balance, end of period
$
4,372

$
35,279

$
10,386

$
9,717

$
—

$
59,754

Allowance for loan losses as a percentage of gross loan receivables
4.9
%
19.7
%
12.3
%
10.7
%
N/A

13.4
%
The following table summarizes activity in the allowance for loan losses during the three months ended June 30, 2017:
 
Three Months Ended June 30, 2017
(in thousands)
Single-Pay
Unsecured Installment
Secured Installment
Open-End
Other
Total
Balance, beginning of period
$
4,719

$
42,040

$
20,270

$
4,572

$
—

$
71,601

Charge-offs
(44,020
)
(24,574
)
(6,941
)
(8,447
)
(1,261
)
(85,243
)
Recoveries
30,190

5,716

1,787

4,104

777

42,574

Net charge-offs
(13,830
)
(18,858
)
(5,154
)
(4,343
)
(484
)
(42,669
)
Provision for losses
14,284

17,845

4,081

4,298

484

40,992

Effect of foreign currency translation
140

379

(1
)
(4
)
—

514

Balance, end of period
$
5,313

$
41,406

$
19,196

$
4,523

$
—

$
70,438

Allowance for loan losses as a percentage of gross loan receivables
5.8
%
26.5
%
25.2
%
16.9
%
N/A

20.1
%
The following table summarizes activity in the allowance for loan losses during the six months ended June 30, 2017:
 
Six Months Ended June 30, 2017
(in thousands)
Single-Pay
Unsecured Installment
Secured Installment
Open-End
Other
Total
Balance, beginning of period
$
5,501

$
17,775

$
10,737

$
5,179

$
—

$
39,192

Charge-offs
(88,905
)
(24,574
)
(6,941
)
(17,676
)
(2,400
)
(140,496
)
Recoveries
63,341

10,634

4,815

9,457

1,529

89,776

Net charge-offs
(25,564
)
(13,940
)
(2,126
)
(8,219
)
(871
)
(50,720
)
Provision for losses
25,178

37,154

10,585

7,563

871

81,351

Effect of foreign currency translation
198

417

—

—

—

615

Balance, end of period
$
5,313

$
41,406

$
19,196

$
4,523

$
—

$
70,438

Allowance for loan losses as a percentage of gross loan receivables
5.8
%
26.5
%
25.2
%
16.9
%
N/A

20.1
%
The following table summarizes activity in the allowance for loan losses during the three months ended June 30, 2018:
 
Three Months Ended June 30, 2018
(in thousands)
Single-Pay
Unsecured Installment
Secured Installment
Open-End
Other
Total
Balance, beginning of period
$
4,485

$
37,916

$
11,639

$
6,846

$
—

$
60,886

Charge-offs
(44,817
)
(36,102
)
(11,082
)
(23,807
)
(593
)
(116,401
)
Recoveries
30,274

6,368

2,296

11,883

40

50,861

Net charge-offs
(14,543
)
(29,734
)
(8,786
)
(11,924
)
(553
)
(65,540
)
Provision for losses
14,527

27,434

7,533

14,848

553

64,895

Effect of foreign currency translation
(97
)
(337
)
—

(53
)
—

(487
)
Balance, end of period
$
4,372

$
35,279

$
10,386

$
9,717

$
—

$
59,754

Allowance for loan losses as a percentage of gross loan receivables
4.9
%
19.7
%
12.3
%
10.7
%
N/A

13.4
%
Summary of Activity in Credit Services Organization Guarantee Liability
The following table summarizes activity in the CSO guarantee liability during the six months ended June 30, 2017:
 
Six Months Ended June 30, 2017
(in thousands)
Single-Pay
Unsecured Installment
Secured Installment
Total
Balance, beginning of period
$
274

$
15,630

$
1,148

$
17,052

Charge-offs
(1,886
)
(61,122
)
(5,303
)
(68,311
)
Recoveries
1,102

16,725

3,183

21,010

Net charge-offs
(784
)
(44,397
)
(2,120
)
(47,301
)
Provision for losses
510

43,515

1,806

45,831

Balance, end of period
$
—

$
14,748

$
834

$
15,582

The following table summarizes activity in the CSO guarantee liability during the six months ended June 30, 2018:

 
Six Months Ended June 30, 2018
(in thousands)
Unsecured Installment
Secured Installment
Total
Balance, beginning of period
$
17,073

$
722

$
17,795

Charge-offs
(74,736
)
(2,212
)
(76,948
)
Recoveries
18,326

1,945

20,271

Net charge-offs
(56,410
)
(267
)
(56,677
)
Provision for losses
50,530

(29
)
50,501

Balance, end of period
$
11,193

$
426

$
11,619

The following table summarizes activity in the CSO guarantee liability during the three months ended June 30, 2018:
 
Three Months Ended
June 30, 2018
(in thousands)
Unsecured Installment
Secured Installment
Total
Balance, beginning of period
$
9,886

$
526

$
10,412

Charge-offs
(33,017
)
(993
)
(34,010
)
Recoveries
7,350

776

8,126

Net charge-offs
(25,667
)
(217
)
(25,884
)
Provision for losses
26,974

117

27,091

Balance, end of period
$
11,193

$
426

$
11,619

The following table summarizes activity in the CSO guarantee liability during the three months ended June 30, 2017:
 
Three Months Ended June 30, 2017
(in thousands)
Single-Pay
Unsecured Installment
Secured Installment
Total
Balance, beginning of period
$
14

$
18,482

$
1,287

$
19,783

Charge-offs
(373
)
(33,166
)
(2,141
)
(35,680
)
Recoveries
354

5,857

814

7,025

Net charge-offs
(19
)
(27,309
)
(1,327
)
(28,655
)
Provision for losses
5

23,575

874

24,454

Balance, end of period
$
—

$
14,748

$
834

$
15,582
Summary of Activity in Allowance for Loan Losses, Credit Services Organization Guarantee Liability
The following table summarizes activity in the allowance for loan losses and the CSO guarantee liability, in total, during the six months ended June 30, 2017:
 
Six Months Ended June 30, 2017
(in thousands)
Single-Pay
Unsecured Installment
Secured Installment
Open-End
Other
Total
Balance, beginning of period
$
5,775

$
33,405

$
11,885

$
5,179

$
—

$
56,244

Charge-offs
(90,791
)
(85,696
)
(12,244
)
(17,676
)
(2,400
)
(208,807
)
Recoveries
64,443

27,359

7,998

9,457

1,529

110,786

Net charge-offs
(26,348
)
(58,337
)
(4,246
)
(8,219
)
(871
)
(98,021
)
Provision for losses
25,688

80,669

12,391

7,563

871

127,182

Effect of foreign currency translation
198

417

—

—

—

615

Balance, end of period
$
5,313

$
56,154

$
20,030

$
4,523

$
—

$
86,020

The following table summarizes activity in the allowance for loan losses and the CSO guarantee liability, in total, during the six months ended June 30, 2018:
 
Six Months Ended June 30, 2018
(in thousands)
Single-Pay
Unsecured Installment
Secured Installment
Open-End
Other
Total
Balance, beginning of period
$
5,916

$
60,827

$
14,194

$
6,426

$
—

$
87,363

Charge-offs
(92,524
)
(150,215
)
(24,779
)
(44,156
)
(1,268
)
(312,942
)
Recoveries
65,283

30,661

7,107

21,260

87

124,398

Net charge-offs
(27,241
)
(119,554
)
(17,672
)
(22,896
)
(1,181
)
(188,544
)
Provision for losses
25,829

105,441

14,290

26,276

1,181

173,017

Effect of foreign currency translation
(132
)
(242
)
—

(89
)
—

(463
)
Balance, end of period
$
4,372

$
46,472

$
10,812

$
9,717

$
—

$
71,373

The following table summarizes activity in the allowance for loan losses and the CSO guarantee liability, in total, during the three months ended June 30, 2017:
 
Three Months Ended June 30, 2017
(in thousands)
Single-Pay
Unsecured Installment
Secured Installment
Open-End
Other
Total
Balance, beginning of period
$
4,733

$
60,522

$
21,557

$
4,572

$
—

$
91,384

Charge-offs
(44,393
)
(57,740
)
(9,082
)
(8,447
)
(1,261
)
(120,923
)
Recoveries
30,544

11,573

2,601

4,104

777

49,599

Net charge-offs
(13,849
)
(46,167
)
(6,481
)
(4,343
)
(484
)
(71,324
)
Provision for losses
14,289

41,420

4,955

4,298

484

65,446

Effect of foreign currency translation
140

379

(1
)
(4
)
—

514

Balance, end of period
$
5,313

$
56,154

$
20,030

$
4,523

$
—

$
86,020

The following table summarizes activity in the allowance for loan losses and the CSO guarantee liability, in total, during the three months ended June 30, 2018:
 
Three Months Ended June 30, 2018
(in thousands)
Single-Pay
Unsecured Installment
Secured Installment
Open-End
Other
Total
Balance, beginning of period
$
4,485

$
47,802

$
12,165

$
6,846

$
—

$
71,298

Charge-offs
(44,817
)
(69,119
)
(12,075
)
(23,807
)
(593
)
(150,411
)
Recoveries
30,274

13,718

3,072

11,883

40

58,987

Net charge-offs
(14,543
)
(55,401
)
(9,003
)
(11,924
)
(553
)
(91,424
)
Provision for losses
14,527

54,408

7,650

14,848

553

91,986

Effect of foreign currency translation
(97
)
(337
)
—

(53
)
—

(487
)
Balance, end of period
$
4,372

$
46,472

$
10,812

$
9,717

$
—

$
71,373