4. Securitization Trust Debt (Tables)

9 Months Ended

Sep. 30, 2012

Securitization Trust Debt Tables

Securitization trust debt

The debt issued in these transactions is shown on our Unaudited Condensed Consolidated Balance Sheets as “Securitization trust debt,” and the components of such debt are summarized in the following table:

										Weighted
										Average
	Final	Receivables				Outstanding		Outstanding		Contractual
	Scheduled	Pledged at				Principal at		Principal at		Interest Rate at
	Payment	September 30,		Initial		September 30,		December 31,		September 30,
Series	Date (1)	2012		Principal		2012		2011		2012
	(Dollars in thousands)
CPS 2006-B	January 2013	$	–	$	257,500	$	–	$	6,604		–
CPS 2006-C	June 2013		–		247,500		–		14,873		–
CPS 2006-D	August 2013		–		220,000		–		15,716		–
CPS 2007-A	November 2013		–		290,000		–		34,312		–
CPS 2007-TFC	December 2013		–		113,293		–		7,771		–
CPS 2007-B	January 2014		–		314,999		–		40,916		–
CPS 2007-C	May 2014		18,323		327,499		26,803		52,723		7.31%
CPS 2008-A	October 2014		26,428		310,359		46,611		77,284		8.68%
Page Five Funding	January 2018		25,779		9,174		24,582		36,701		9.45%
CPS 2011-A	April 2018		58,355		100,364		55,229		75,625		4.02%
CPS 2011-B	September 2018		81,551		109,936		76,863		101,268		4.54%
CPS 2011-C	March 2019		98,417		119,400		94,798		119,272		4.97%
CPS 2012-A	June 2019		120,572		155,000		116,809		–		3.51%
CPS 2012-B	September 2019		135,415		141,500		132,701		–		3.04%
CPS 2012-C	December 2019		103,169		147,000		147,000		–		2.34%
		$	668,009	$	2,863,524	$	721,396	$	583,065

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(1) The Final Scheduled Payment Date represents final legal maturity of the securitization trust debt. Securitization trust debt is expected to become due and to be paid prior to those dates, based on amortization of the finance receivables pledged to the Trusts. Expected payments, which will depend on the performance of such receivables, as to which there can be no assurance, are $76.9 million in 2012, $255.9 million in 2013, $176.9 million in 2014, $125.3 million in 2015, $66.6 million in 2016 and $19.8 million in 2017.