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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
 9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Cash flows from operating activities:    
Net income $ 72,763 $ 61,358
Adjustments to reconcile net income to net cash provided by operating activities:    
Change in fair value of finance receivables 52,635 0
Provision for credit losses on finance receivables 181 56,136
Provision for repurchase liability 0 6,619
Depreciation and amortization 7,289 4,775
Debt issuance cost amortization 1,735 1,451
Profit interest and stock-based compensation expense 1,172 0
Loss on disposition of equipment 5 0
Deferred income taxes 445 0
Loss on tax receivable agreement liability 7 0
Change in fair value of warrant units 4,208 0
Change in fair value of warrant liability (13,139) 0
Gain on forgiveness of Paycheck Protection Program loan (6,444) 0
Changes in assets and liabilities:    
Unamortized loan origination costs 0 6,619
Accrued interest and fees receivable (1,346) 5,719
Other assets (4,230) (125)
Accounts payable 954 (2,752)
Accrued expenses 3,855 3,619
Net cash provided by operating activities 120,090 143,419
Cash flows from investing activities:    
Finance receivables originated and acquired (402,835) (313,923)
Finance receivables repayments and recoveries 303,419 286,474
Net repurchases from third-party lender 0 (8,073)
Purchases of equipment and capitalized technology (10,563) (8,131)
Net cash used in investing activities (109,979) (43,653)
Cash flows from financing activities:    
Member distributions (51,008) (15,804)
Member contributions 200 0
Payments to Opportunity Financial, LLC unit holders (91,646) 0
Cash received in reverse capitalization 91,857 0
Payment of capitalized transaction costs (21,591) 0
Net advances (payments) of secured borrowing payable 3,767 (4,672)
Net advances (payments) in senior debt 75,443 (75,127)
Payment of subordinated debt - related party (4,000) 0
Proceeds from other debt 0 6,354
Payment for debt issuance costs (1,988) (2,280)
Net cash provided by (used in) financing activities 1,034 (91,529)
Net increase in cash, cash equivalents and restricted cash 11,145 8,237
Cash, cash equivalents and restricted cash    
Beginning 45,657 35,979
Ending 56,802 44,216
Supplemental disclosure of cash flow information:    
Interest paid on borrowed funds 16,046 15,692
Non-cash change from adopting the fair value option on finance receivables 69,435 0
Non-cash investing and financing activities:    
Warrant liabilities recognized in the reverse recapitalization 37,645 0
Additional paid in capital recognized in the reverse capitalization 78,468 0
Conversion of warrant unit liability to additional paid in capital 5,517 0
Forgiveness of Paycheck Protection Program loan $ 6,444 $ 0