Loans and finance receivables are summarized as follows (in millions).


	September 30, 2024			December 31, 2023
Loans and finance receivables, before allowances and discounts	$	28,907		$	26,289
Allowances for credit losses		(1,051	)		(950	)
Unamortized acquisition discounts and points		(750	)		(658	)
	$	27,106		$	24,681

Loans and finance receivables are principally manufactured home loans, and to a lesser extent, commercial loans and site-built home loans. Reconciliations of the allowance for credit losses on loans and finance receivables for the first nine months of 2024 and 2023 follow (in millions).


	First Nine Months
	2024			2023
Balance at the beginning of the year	$	950		$	856
Provision for credit losses		180			122
Charge-offs, net of recoveries		(79	)		(52	)
Balance at September 30	$	1,051		$	926

As of September 30, 2024, substantially all manufactured and site-built home loans were evaluated collectively for impairment, and we considered approximately 96% of these loans to be current as to payment status. A summary of performing and non-performing home loans before discounts and allowances by year of loan origination as of September 30, 2024 follows (in millions).


	Origination Year
	2024		2023		2022		2021		2020		Prior		Total
Performing	$	5,170	$	5,085	$	3,729	$	3,114	$	2,404	$	8,425	$	27,927
Non-performing		2		15		19		16		14		54		120
	$	5,172	$	5,100	$	3,748	$	3,130	$	2,418	$	8,479	$	28,047

We also hold a limited number of commercial loans originated or acquired several years ago. The aggregate carrying value of these loans approximated $730 million at September 30, 2024 and $850 million at December 31, 2023. The loans are generally secured by real estate properties or by other assets and are individually evaluated for expected credit losses.