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7. Securitization Trust Debt (Tables)

12 Months Ended

Dec. 31, 2013

	Final Scheduled	Receivables Pledged at				Outstanding Principal at		Outstanding Principal at		Weighted Average Interest Rate at
	Payment	December 31,		Initial		December 31,		December 31,		December 31,
Series	Date (1)	2013 (2)		Principal		2013		2012		2013
		(Dollars in thousands)
CPS 2008-A	October 2014	$	–	$	310,359	$	–	$	40,713		–
Page Five Funding	January 2018		11,038		46,058		9,358		21,251		9.37%
CPS 2011-A	April 2018		28,278		100,364		24,526		48,368		3.42%
CPS 2011-B	September 2018		44,704		109,936		44,433		70,863		4.67%
CPS 2011-C	March 2019		56,232		119,400		56,271		88,269		5.01%
CPS 2012-A	June 2019		65,557		155,000		65,051		105,485		3.56%
CPS 2012-B	September 2019		86,555		141,500		86,254		122,329		3.24%
CPS 2012-C	December 2019		93,098		147,000		93,006		135,219		2.59%
CPS 2012-D	March 2020		111,633		160,000		108,815		160,000		2.17%
CPS 2013-A	June 2020		152,575		185,000		142,842		–		1.90%
CPS 2013-B	September 2020		179,952		205,000		172,499		–		2.32%
CPS 2013-C	December 2020		194,810		205,000		191,504		–		2.41%
CPS 2013-D (3)	March 2021		117,804		183,000		183,000		–		2.19%
		$	1,142,236	$	2,067,617	$	1,177,559	$	792,497

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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 $445.7 million in 2014, $345.1 million in 2015, $216.6 million in 2016, $117.0 million in 2017, $40.3 million in 2018, and $12.9 million in 2019.

(2)

Includes repossessed assets that are included in Other Assets on our Consolidated Balance Sheet.

(3)

An additional $63.4 million of receivables were pledged to CPS 2013-D in January 2014.