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(3) Securitization Trust Debt (Tables)
 3 Months Ended
Mar. 31, 2021
Securitization Trust Debt  
Schedule of Long-term Debt Instruments [Table Text Block]
Series   Final Scheduled Payment Date (1)  Receivables Pledged at
March 31,
2021 (2)		   Initial Principal   Outstanding Principal at
March 31,
2021		   Outstanding Principal at
December 31,
2020		   Weighted Average Contractual Interest Rate at
March 31,
2021		 
    (Dollars in thousands)    
CPS 2015-B   September 2022  $–   $250,000   $–   $17,984    – 
CPS 2015-C   December 2022   21,749    300,000    23,929    28,529    6.87% 
CPS 2016-A   March 2023   28,459    329,460    30,958    37,158    7.65% 
CPS 2016-B   June 2023   37,418    332,690    38,724    46,079    7.58% 
CPS 2016-C   September 2023   39,455    318,500    40,046    47,325    7.82% 
CPS 2016-D   April 2024   32,599    206,325    30,753    36,455    6.05% 
CPS 2017-A   April 2024   36,408    206,320    34,412    40,619    6.04% 
CPS 2017-B   December 2023   46,080    225,170    31,951    39,016    5.23% 
CPS 2017-C   September 2024   48,489    224,825    41,953    47,553    4.95% 
CPS 2017-D   June 2024   50,010    196,300    43,273    49,297    4.48% 
CPS 2018-A   March 2025   54,744    190,000    47,230    53,549    4.25% 
CPS 2018-B   December 2024   65,851    201,823    58,112    66,955    4.65% 
CPS 2018-C   September 2025   76,364    230,275    68,625    77,345    4.74% 
CPS 2018-D   June 2025   91,484    233,730    78,446    88,228    4.68% 
CPS 2019-A   March 2026   115,227    254,400    99,017    114,373    4.50% 
CPS 2019-B   June 2026   113,420    228,275    105,045    118,982    4.06% 
CPS 2019-C   September 2026   133,374    243,513    125,430    142,080    3.35% 
CPS 2019-D   December 2026   168,358    274,313    160,999    181,485    2.88% 
CPS 2020-A   March 2027   165,519    260,000    163,649    184,944    2.89% 
CPS 2020-B   June 2027   168,416    202,343    147,587    164,403    3.31% 
CPS 2020-C   November 2027   223,358    252,200    214,018    231,961    1.75% 
CPS 2021-A   March 2028   232,317    230,545    218,218    –    0.77% 
       $1,949,099   $5,391,007   $1,802,375   $1,814,320      

 

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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 $642.9 million in 2021, $498.5 million in 2022, $411.9 million in 2023, $100.4 million in 2024, $102.2 million in 2025, $33.7 million in 2026, and $2.0 million in 2027.

 

(2)Includes repossessed assets that are included in Other assets on our Unaudited Condensed Consolidated Balance Sheet.