Securitization Trust Debt (Tables)

6 Months Ended

Jun. 30, 2025

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)	2025 (2)		Principal		2025		2024		2025
	(Dollars in thousands)
CPS 2020-C	November 2027	$	–	$	252,200	$	–	$	22,453		–
CPS 2021-A	March 2028		–		230,545		–		22,396		–
CPS 2021-B	June 2028		29,554		240,000		23,023		31,903		3.41%
CPS 2021-C	September 2028		46,238		291,000		36,368		49,739		2.71%
CPS 2021-D	December  2028		64,995		349,202		54,571		72,090		3.55%
CPS 2022-A	April 2029		73,825		316,800		57,572		77,872		3.78%
CPS 2022-B	October 2029		117,786		395,600		99,362		132,002		6.07%
CPS 2022-C	April 2030		142,329		391,600		105,164		141,176		7.01%
CPS 2022-D	June 2030		126,674		307,018		108,996		135,857		9.34%
CPS 2023-A	August 2030		153,317		324,768		111,467		146,020		7.19%
CPS 2023-B	November 2030		167,809		332,885		133,225		172,154		7.28%
CPS 2023-C	February 2031		162,352		291,732		138,597		175,219		7.12%
CPS 2023-D	May 2031		174,949		286,149		152,693		191,621		7.86%
CPS 2024-A	August 2031		186,782		280,924		164,296		206,348		6.33%
CPS 2024-B	November 2031		236,246		319,871		215,726		262,768		6.49%
CPS 2024-C	March 2032		343,047		436,310		314,979		379,254		6.28%
CPS 2024-D	June 2032		358,440		416,816		329,292		390,983		5.23%
CPS 2025-A	August 2032		415,167		442,420		385,944		–		5.43%
CPS 2025-B	March 2033		423,051		419,950		398,252		–		5.37%
		$	3,222,563	$	6,325,790	$	2,829,527	$	2,609,855

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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 $550.8 million in 2025, $921.8 million in 2026, $638.9 million in 2027, $391.5 million in 2028, $208.8 million in 2029, $93.3 million in 2030, and $8.1 million in 2031.

(2)

Includes repossessed assets that are included in other assets on our Unaudited Condensed Consolidated Balance Sheet.