Finance Receivables, Credit Quality Information and Allowance for Loan Losses (Tables)

3 Months Ended

Mar. 31, 2020

Finance Receivables, Credit Quality Information and Allowance for Loan Losses

Schedule of finance receivables representing amounts due from customers for advances

	March 31,		December 31,
	2020		2019
Short-term consumer loans:
Secured	$	7,560	$	8,774
Unsecured		37,348		53,199
Total short-term consumer loans		44,908		61,973
Medium-term consumer loans
Secured		3,103		5,612
Unsecured		25,141		30,745
Total medium-term consumer loans		28,244		36,357
Total gross receivables		73,152		98,330
Unearned advance fees, net of deferred loan origination costs		(1,365)		(2,507)
Finance receivables before allowance for loan losses		71,787		95,823
Allowance for loan losses		(11,420)		(13,828)
Finance receivables, net	$	60,367	$	81,995
Finance receivables, net
Current portion	$	59,309	$	79,692
Non-current portion		1,058		2,303
Total finance receivables, net	$	60,367	$	81,995

Schedule of changes in the allowance for loan losses by product type

													Allowance as
	Balance								Balance		Receivables		a percentage
	1/1/2020		Provision		Charge-Offs		Recoveries		3/31/2020		3/31/2020		of receivables
Short-term consumer loans	$	2,654	$	8,068	$	(17,366)	$	8,790	$	2,146	$	44,908	4.78	%
Medium-term consumer loans		11,174		5,556		(8,083)		627		9,274		28,244	32.84	%
	$	13,828	$	13,624	$	(25,449)	$	9,417	$	11,420	$	73,152	15.61	%

													Allowance as
	Balance								Balance		Receivables		a percentage
	1/1/2019		Provision		Charge-Offs		Recoveries		3/31/2019		3/31/2019		of receivables
Short-term consumer loans	$	2,018	$	7,572	$	(16,402)	$	9,127	$	2,315	$	51,283	4.51	%
Medium-term consumer loans		1,456		6,933		(5,633)		968		3,724		28,872	12.90	%
	$	3,474	$	14,505	$	(22,035)	$	10,095	$	6,039	$	80,155	7.53	%

Schedule of changes in the accrual for third-party lender losses

	Three Months Ended March 31,
	2020		2019
Short-term balance, beginning of period	$	1,304	$	4,454
Provision for loan losses		2,124		2,857
Charge-offs, net		(2,617)		(4,410)
Short-term balance, end of period	$	811	$	2,901
Medium-term balance, beginning of period	$	1,266	$	59
Provision for loan losses		(148)		2,901
Charge-offs, net		(260)		(7)
Medium-term balance, end of period	$	858	$	2,953
Total balance, beginning of period	$	2,570	$	4,513
Provision for loan losses		1,976		5,758
Charge-offs, net		(2,877)		(4,417)
Total balance, end of period	$	1,669	$	5,854

Schedule of changes in accrual for debt buyer liability

	Three Months
	Ended
	March 31,
	2020
Balance, beginning of period	$	3,474
Provision for loan losses		2,809
Charge-offs, net		(2,875)
Balance, end of period	$	3,408

Schedule of aging of receivables

	March 31, 2020				December 31, 2019
Current finance receivables	$	63,751	87.1	%	$	86,935	88.4	%
Past due finance receivables (1 - 30 days)
Secured short-term consumer loans		1,229	1.7	%		1,513	1.5	%
Unsecured short-term consumer loans		1,070	1.5	%		1,132	1.2	%
Short-term consumer loans		2,299	3.2	%		2,645	2.7	%
Secured medium-term consumer loans		812	1.1	%		1,321	1.3	%
Unsecured medium-term consumer loans		3,307	4.5	%		4,241	4.3	%
Medium-term consumer loans		4,119	5.6	%		5,562	5.7	%
Total past due finance receivables (1 - 30 days)		6,418	8.8	%		8,207	8.4	%
Past due finance receivables (31 - 60 days)
Secured medium-term consumer loans		331	0.5	%		461	0.5	%
Unsecured medium-term consumer loans		2,120	2.9	%		2,373	2.4	%
Medium-term consumer loans		2,451	3.4	%		2,834	2.9	%
Total past due finance receivables (31 - 60 days)		2,451	3.4	%		2,834	2.9	%
Past due finance receivables (61 - 90 days)
Secured medium-term consumer loans		12	0.0	%		10	-	%
Unsecured medium-term consumer loans		520	0.7	%		344	0.3	%
Medium-term consumer loans		532	0.7	%		354	0.3	%
Total past due finance receivables (61 - 90 days)		532	0.7	%		354	0.4	%
Total delinquent		9,401	12.9	%		11,395	11.6	%
	$	73,152	100.0	%	$	98,330	100.0	%
Finance receivables in non-accrual status	$	1,614	2.2	%	$	1,560	1.6	%