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Securitization Trust Debt (Tables)
 6 Months Ended
Jun. 30, 2024
Securitization Trust Debt  
Schedule of securitization trust debt
                       
                      Weighted 
                      Average 
   Final  Receivables       Outstanding   Outstanding   Contractual Debt 
   Scheduled  Pledged at       Principal at   Principal at   Interest Rate at 
   Payment  June 30,   Initial   June 30,   December 31,   June 30, 
Series  Date (1)  2024 (2)   Principal   2024   2023   2024 
   (Dollars in thousands)    
CPS 2019-B  June 2026  $–   $228,275   $–   $15,742    – 
CPS 2019-C  September 2026   –    243,513    –    19,725    – 
CPS 2019-D  December  2026   –    274,313    –    27,445    – 
CPS 2020-A  March 2027   22,086    260,000    16,899    26,382    5.18% 
CPS 2020-B  June 2027   26,618    202,343    17,457    24,197    7.38% 
CPS 2020-C  November 2027   38,271    252,200    32,417    43,487    4.55% 
CPS 2021-A  March 2028   42,104    230,545    29,790    39,039    2.02% 
CPS 2021-B  June 2028   54,020    240,000    41,493    55,684    2.89% 
CPS 2021-C  September 2028   82,376    291,000    64,048    85,563    2.27% 
CPS 2021-D  December  2028   112,636    349,202    94,448    126,059    2.90% 
CPS 2022-A  April 2029   126,979    316,800    104,891    137,479    3.09% 
CPS 2022-B  October 2029   196,078    395,600    169,159    213,779    5.28% 
CPS 2022-C  April 2030   228,611    391,600    181,172    230,273    6.18% 
CPS 2022-D  June 2030   192,189    307,018    166,710    205,583    8.33% 
CPS 2023-A  August 2030   229,363    324,768    185,085    231,906    6.52% 
CPS 2023-B  November 2030   251,703    332,885    216,030    268,172    6.75% 
CPS 2023-C  February 2031   238,505    291,732    214,774    257,568    6.75% 
CPS 2023-D  May 2031   255,461    286,149    232,080    271,939    7.36% 
CPS 2024-A  August 2031   269,746    280,924    246,948    –    6.12% 
CPS 2024-B  November 2031   324,388    319,871    303,735    –    6.28% 
CPS 2024-C  March 2032   315,591    436,310    436,310    –    6.17% 
   –  $3,006,726   $6,255,048   $2,753,447   $2,280,021      

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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 $524.2 million in 2024, $879.3 million in 2025, $582.5 million in 2026, $385.6 million in 2027, $243.6 million in 2028, $102.8 million in 2029, and $18.2 million in 2030.

 

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