<SEC-DOCUMENT>0000889609-16-000064.txt : 20161025
<SEC-HEADER>0000889609-16-000064.hdr.sgml : 20161025
<ACCEPTANCE-DATETIME>20161025170211
ACCESSION NUMBER:		0000889609-16-000064
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		3
CONFORMED PERIOD OF REPORT:	20161019
ITEM INFORMATION:		Entry into a Material Definitive Agreement
ITEM INFORMATION:		Results of Operations and Financial Condition
ITEM INFORMATION:		Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant
ITEM INFORMATION:		Financial Statements and Exhibits
FILED AS OF DATE:		20161025
DATE AS OF CHANGE:		20161025

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			CONSUMER PORTFOLIO SERVICES INC
		CENTRAL INDEX KEY:			0000889609
		STANDARD INDUSTRIAL CLASSIFICATION:	FINANCE SERVICES [6199]
		IRS NUMBER:				330459135
		STATE OF INCORPORATION:			CA
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-14116
		FILM NUMBER:		161950906

	BUSINESS ADDRESS:	
		STREET 1:		19500 JAMBOREE ROAD
		CITY:			IRVINE
		STATE:			CA
		ZIP:			92612
		BUSINESS PHONE:		9497536800

	MAIL ADDRESS:	
		STREET 1:		19500 JAMBOREE ROAD
		CITY:			IRVINE
		STATE:			CA
		ZIP:			92612
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">UNITED STATES SECURITIES AND EXCHANGE COMMISSION</font></div>

<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">WASHINGTON DC 20549</font></div>

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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">CURRENT REPORT</font></div>

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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):</font></div>

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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">ITEM 1.01. ENTRY INTO A MATERIAL DEFINITIVE AGREEMENT.</font></div>

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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; FONT-STYLE: italic; DISPLAY: inline">Securitization of Receivables</font></div>

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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">On October 19, 2016, the registrant Consumer Portfolio Services, Inc. ("CPS") and its wholly owned subsidiary CPS Receivables Five LLC ("Subsidiary") entered into a series of agreements under which Subsidiary purchased from CPS, and sold to CPS Auto Receivables Trust 2016-D (the "Trust"), approximately $140.1 million of subprime automotive receivables (the "Initial Receivables"). Subsidiary also committed to purchase and to sell to the Trust, and CPS committed to sell to Subsidiary, an additional $69.9 million of similar automotive receivables (the "Subsequent Receivables&#8221; and together with the Initial Receivables, the &#8220;Receivables").</font></div>

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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">ITEM 2.02 RESULTS OF OPERATIONS AND FINANCIAL CONDITION.</font></div>
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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">On October 17, 2016, the registrant announced its earnings for the quarter ended September 30, 2016.&#160;&#160;A copy of the announcement is attached as an exhibit to this report.</font></div>

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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">As disclosed in the announcement, the registrant hosted a conference call on Tuesday, October 18, 2016, at 1:00 p.m. ET to discuss its results of operation and financial condition. A replay of the conference call will be available through October 25, 2016, by dialing 855 859-2056 (or 404 537-3406 for international participants), with conference identification number 98489886. A broadcast of the conference call will also be available for 90 days after the call via the Company&#8217;s web site at www.consumerportfolio.com.</font></div>

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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">ITEM 2.03. CREATION OF A DIRECT FINANCIAL OBLIGATION OR AN OBLIGATION UNDER AN OFF-BALANCE SHEET ARRANGEMENT OF A REGISTRANT.</font></div>

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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">CPS, Subsidiary, the Trust and others on October 19, 2016, entered into a series of agreements that, among other things, created long-term obligations that are material to CPS, Subsidiary and the Trust. Under these agreements (i) CPS sold the Initial Receivables to Subsidiary, and committed to sell the Subsequent Receivables to Subsidiary not later than December 3, 2016, (ii) Subsidiary sold the Initial Receivables to the Trust, and committed to sell the Subsequent Receivables to the Trust, (iii) the Trust deposited the Initial Receivables, and committed to deposit the Subsequent Receivables, with Wells Fargo Bank, N.A. ("Wells Fargo"), as trustee of a grantor trust, receiving in return a certificate of beneficial interest (&#8220;CBI&#8221;) representing beneficial ownership of the Receivables, (iv) the Trust pledged the CBI to Wells Fargo as indenture trustee for benefit of the holders of the Notes (as defined below), (v) the Trust issued and sold $206.3 million of asset-backed Notes, in five classes (such Notes collectively, the "Notes"), (vi) a portion of the proceeds from the sale of the Notes was pledged to Wells Fargo as trustee for benefit of the holders of the Notes, to be used to fund the purchase price of the Subsequent Receivables, and (vii) a cash deposit (the "Reserve Account") in the amount of 1.00% of the aggregate balance of the Initial Receivables was pledged for the benefit of the holders of the Notes.</font></div>

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<tr>
<td align="left" valign="top" width="16%">&#160;</td>
<td align="left" valign="top" width="24%">
<div align="left">Note Class</div>
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<td align="right" valign="top" width="23%">
<div align="right">Interest Rate</div>
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<td align="right" valign="top" width="33%">
<div align="right">Amount</div>
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<td align="left" valign="top" width="16%">&#160;</td>
<td align="left" valign="top" width="24%">
<div align="left">Class A</div>
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<td align="right" valign="top" width="23%">
<div align="right">1.50 %</div>
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<div align="right">$100,170,000</div>
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<td align="left" valign="top" width="16%">&#160;</td>
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<div align="left">Class B</div>
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<div align="right">2.11 %</div>
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<td align="right" valign="top" width="33%">
<div align="right">28,875,000</div>
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<td align="left" valign="top" width="16%">&#160;</td>
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<div align="left">Class C</div>
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<td align="right" valign="top" width="23%">
<div align="right">2.90 %</div>
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<td align="right" valign="top" width="33%">
<div align="right">32,655,000</div>
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<div align="left">Class D</div>
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<td align="right" valign="top" width="23%">
<div align="right">4.53 %</div>
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<td align="right" valign="top" width="33%">
<div align="right">24,570,000</div>
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<div align="left">Class E</div>
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<td align="right" valign="top" width="23%">
<div align="right">6.86 %</div>
</td>
<td align="right" valign="top" width="33%">
<div align="right">20,055,000</div>
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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">ITEM 9.01. FINANCIAL STATEMENTS AND EXHIBITS.</font></div>

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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">News release re October 19, 2016, transaction.</font></div>
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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.</font></div>

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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Dated: October 25, 2016</font></div>
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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">By: /s/ JEFFREY P. FRITZ</font></div>
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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Jeffrey P. Fritz</font></div>

<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Executive Vice President and Chief Financial Officer</font></div>

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<DESCRIPTION>NEWS RELEASE RE OCTOBER 19, 2016, TRANSACTION
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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; FONT-WEIGHT: bold; DISPLAY: inline">CPS Announces $206.3 Million Senior Subordinate Asset-Backed Securitization</font></div>

<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify">&#160;</div>

<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline"><font style="FONT-WEIGHT: bold; DISPLAY: inline">LAS VEGAS, Nevada, October 19, 2016 (GlobeNewswire)</font> &#8211; Consumer Portfolio Services, Inc. (Nasdaq: CPSS) (&#8220;CPS&#8221; or the &#8220;Company&#8221;) today announced the closing of its fourth term securitization in 2016.&#160;&#160;The transaction is CPS's 22nd senior subordinate securitization since the beginning of 2011 and the fifth consecutive securitization to receive a triple &#8220;A&#8221; rating on the senior class of notes from two rating agencies.</font></div>

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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">In the transaction, qualified institutional buyers purchased $206.3 million of asset-backed notes secured by $210.0 million in automobile receivables purchased by CPS.&#160;&#160;The sold notes, issued by CPS Auto Receivables Trust 2016-D, consist of five classes.&#160;&#160;Ratings of the notes were provided by Standard &amp; Poor&#8217;s and DBRS and were based on the structure of the transaction, the historical performance of similar receivables and CPS&#8217;s experience as a servicer.</font></div>

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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"><font style="DISPLAY: inline">Average Life</font></font></div>
</td>
<td valign="bottom" width="10%" style="BORDER-BOTTOM: black 2px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"><font style="DISPLAY: inline">Price</font></font></div>
</td>
<td valign="bottom" width="11%" style="BORDER-BOTTOM: black 2px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"><font style="DISPLAY: inline">S&amp;P Rating</font></font></div>
</td>
<td valign="bottom" width="11%" style="BORDER-BOTTOM: black 2px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"><font style="DISPLAY: inline">DBRS Rating</font></font></div>
</td>
</tr><tr>
<td valign="top" width="10%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">A</font></div>
</td>
<td valign="top" width="13%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">$100.17 million</font></div>
</td>
<td valign="top" width="11%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">1.50%</font></div>
</td>
<td valign="top" width="10%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"><font style="FONT-FAMILY: times new roman; DISPLAY: inline">.</font>89 years</font></div>
</td>
<td valign="top" width="10%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">99.99188%</font></div>
</td>
<td valign="top" width="11%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">AAA</font></div>
</td>
<td valign="top" width="11%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">AAA</font></div>
</td>
</tr><tr>
<td valign="top" width="10%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">B</font></div>
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<td valign="top" width="13%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">$28.88 million</font></div>
</td>
<td valign="top" width="11%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">2.11%</font></div>
</td>
<td valign="top" width="10%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">2.17 years</font></div>
</td>
<td valign="top" width="10%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">99.97964%</font></div>
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<td valign="top" width="11%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">AA</font></div>
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<td valign="top" width="11%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">AA (high)</font></div>
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</tr><tr>
<td valign="top" width="10%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">C</font></div>
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<td valign="top" width="13%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">$32.66 million</font></div>
</td>
<td valign="top" width="11%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">2.90%</font></div>
</td>
<td valign="top" width="10%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">2.86 years</font></div>
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<td valign="top" width="10%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">99.97993%</font></div>
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<td valign="top" width="11%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">A</font></div>
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<td valign="top" width="11%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">A (low)</font></div>
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</tr><tr>
<td valign="top" width="10%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">D</font></div>
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<td valign="top" width="13%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">$24.57 million</font></div>
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<td valign="top" width="11%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">4.53%</font></div>
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<td valign="top" width="10%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">3.62 years</font></div>
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<td valign="top" width="10%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">99.98362%</font></div>
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<td valign="top" width="11%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">BBB</font></div>
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<td valign="top" width="11%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">BBB (low)</font></div>
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<td valign="top" width="10%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">E</font></div>
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<td valign="top" width="13%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">$20.06 million</font></div>
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<td valign="top" width="11%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">6.86%</font></div>
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<td valign="top" width="10%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">4.14 years</font></div>
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<td valign="top" width="10%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">99.98198%</font></div>
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<td valign="top" width="11%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">BB-</font></div>
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<td valign="top" width="11%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">BB (low)</font></div>
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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">The weighted average coupon on the notes is approximately 3.62%.</font></div>

<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify">&#160;</div>

<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">The 2016-D transaction has initial credit enhancement consisting of a cash deposit equal to 1.00% of the original receivable pool balance and over-collateralization of 2.00%.&#160;&#160;The final enhancement level requires accelerated payment of principal on the notes to reach overcollateralization of 5.50% of the then-outstanding receivable pool balance. The transaction utilizes a pre-funding structure, in which CPS sold approximately $140.1 million of receivables today and plans to sell approximately $69.9 million of additional receivables during November 2016.&#160;&#160;This further sale is intended to provide CPS with long-term financing for receivables purchased primarily in the month of October.</font></div>

<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify">&#160;</div>

<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">The transaction was a private offering of securities, not registered under the Securities Act of 1933, or any state securities law.&#160;&#160;All of such securities having been sold, this announcement of their sale appears as a matter of record only.</font></div>

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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; FONT-WEIGHT: bold; FONT-STYLE: italic; DISPLAY: inline">About Consumer Portfolio Services, Inc.</font></div>

<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify">&#160;</div>

<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline"><font style="FONT-FAMILY: Times New Roman; DISPLAY: inline">Consumer Portfolio Services, Inc. is an independent specialty finance company that provides </font>indirect automobile financing to individuals with past credit problems, low incomes or limited credit histories. We purchase retail installment sales contracts primarily from franchised automobile dealerships secured by late model used vehicles and, to a lesser extent, new vehicles. We fund these contract purchases on a long-term basis through the securitization markets and service the loans over their entire contract terms.</font></div>

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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; FONT-WEIGHT: bold; FONT-STYLE: italic; DISPLAY: inline">Investor Relations Contact</font></div>

<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify">&#160;</div>

<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">Jeffrey P. Fritz, Chief Financial Officer</font></div>

<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">844-878-CPSS (844-878-2777)</font><br>
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<DESCRIPTION>NEWS RELEASE RE EARNINGS
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<div style="MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">Total managed portfolio increases to $2.29 billion from $2.25 billion at June 30, 2016</font></div>
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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline"><font style="FONT-WEIGHT: bold; DISPLAY: inline">LAS VEGAS, NV, October 17, 2016 (GlobeNewswire) </font>-- Consumer Portfolio Services, Inc. (Nasdaq: CPSS) (&#8220;CPS&#8221; or the &#8220;Company&#8221;) today announced earnings of $7.3 million, or $0.26 per diluted share, for its third quarter ended September 30, 2016.&#160;&#160;This compares to net income of $8.8 million, or $0.28 per diluted share, in the third quarter of 2015.</font></div>

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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">Revenues for the third quarter of 2016 were $108.5 million, an increase of $14.5 million, or 15.5%, compared to $94.0 million for the third quarter of 2015.&#160;&#160;Total operating expenses for the third quarter of 2016 were $96.1 million, an increase of $17.7 million, or 22.6%, compared to $78.3 million for the 2015 period.&#160;&#160;Pretax income for the third quarter of 2016 was $12.5 million compared to pretax income of $15.6 million in the third quarter of 2015, a decrease of 20.4%.</font></div>

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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">For the nine months ended September 30, 2016 total revenues were $314.1 million compared to $268.3 million for the nine months ended September 30, 2015, an increase of approximately $45.8 million, or 17.1%.&#160;&#160;Total expenses for the nine months ended September 30, 2016 were $277.1 million, an increase of $54.3 million, or 24.4%, compared to $222.7 million for the nine months ended September 30, 2015.&#160;&#160;Pretax income for the nine months ended September 30, 2016 was $37.0 million, compared to $45.6 million for the nine months ended September 30, 2015.&#160;&#160;Net income for the nine months ended September 30, 2016 was $21.8 million compared to $25.7 million for the nine months ended September 30, 2015.</font></div>

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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">During the third quarter of 2016, CPS purchased $242.1 million of new contracts compared to $319.1 million during the second quarter of 2016 and $287.5 million during the third quarter of 2015.&#160;&#160;The Company's managed receivables totaled $2.292 billion as of September 30, 2016, an increase from $2.254 billion as of June 30, 2016 and $1.941 billion as of September 30, 2015.</font></div>

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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">Annualized net charge-offs for the third quarter of 2016 were 6.69% of the average owned portfolio as compared to 6.27% for the third quarter of 2015.&#160;&#160;Delinquencies greater than 30 days (including repossession inventory) were 10.46% of the total owned portfolio as of September 30, 2016, as compared to 8.81% as of September 30, 2015.</font></div>

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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">"Our operating results for the third quarter of 2016 were in line with our expectations," said Charles E. Bradley, Jr., Chairman and Chief Executive Officer.&#160; &#8220;Our managed portfolio continues to grow and our earnings increased sequentially for the second consecutive quarter, even with a slight decrease in originations volumes.&#160;&#160;Our operating leverage continues to improve and our third quarter securitization priced at a lower blended coupon than the prior quarter, reversing a four-quarter trend of consecutively higher blended coupons.&#8221;</font></div>

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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">CPS announced that it will hold a conference call on Tuesday, October 18, 2016, at 1:00 p.m. ET to discuss its quarterly operating results.&#160;&#160;Those wishing to participate by telephone may dial-in at 877 312-5502 or 253 237-1131 approximately 10 minutes prior to the scheduled time. The conference identification number is 98489886.</font></div>

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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">A replay of the conference call will be available between October 18, 2016 and October 25, 2016, beginning two hours after conclusion of the call, by dialing 855 859-2056 or 404 537-3406 for international participants, with conference identification number 98489886.&#160;&#160;A broadcast of the conference call will also be available live and for 90 days after the call via the Company&#8217;s web site at <font style="TEXT-DECORATION: underline; DISPLAY: inline">www.consumerportfolio.com</font>.</font></div>

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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; FONT-WEIGHT: bold; FONT-STYLE: italic; DISPLAY: inline">About Consumer Portfolio Services, Inc.</font></div>

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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline"><font style="FONT-FAMILY: Times New Roman; DISPLAY: inline">Consumer Portfolio Services, Inc. is an independent specialty finance company that provides </font><font style="FONT-SIZE: 10pt; DISPLAY: inline">indirect automobile financing to individuals with past credit problems, low incomes or limited credit histories. We purchase retail installment sales contracts primarily from franchised automobile dealerships secured by late model used vehicles and, to a lesser extent, new vehicles. We fund these contract purchases on a long-term basis primarily through the securitization markets and service the contracts over their lives.</font></font></div>

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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; FONT-STYLE: italic; DISPLAY: inline">Forward-looking statements in this news release include the Company's recorded revenue, expense and provision for credit losses, because these items are dependent on the Company&#8217;s estimates of incurred losses.&#160;&#160;The accuracy of such estimates may be adversely affected by various factors, which include (in addition to risks relating to the economy generally) the following: possible increased delinquencies; repossessions and losses on retail installment contracts; incorrect prepayment speed and/or discount rate assumptions; possible unavailability of qualified personnel, which could adversely affect the Company&#8217;s ability to service its portfolio; possible increases in the rate of consumer bankruptcy filings, which could adversely affect the Company&#8217;s rights to collect payments from its portfolio; other changes in government regulations affecting consumer credit; possible declines in the market price for used vehicles, which could adversely affect the Company&#8217;s realization upon repossessed vehicles; and economic conditions in geographic areas in which the Company's business is concentrated. All of such factors also may affect the Company&#8217;s future financial results, as to which there can be no assurance. Any implication that the results of the most recently completed quarter are indicative of future results is disclaimed, and the reader should draw no such inference. Factors such as those identified above in relation to the provision for credit losses may affect future performance.</font></div>

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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; FONT-WEIGHT: bold; FONT-STYLE: italic; DISPLAY: inline">Investor Relations Contact</font></div>

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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">Jeffrey P. Fritz, Chief Financial Officer</font></div>

<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">844 878-2777</font></div>

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<table cellpadding="0" cellspacing="0" width="100%" style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">
<tr>
<td colspan="14" valign="top" width="100%">
<div align="center">Consumer Portfolio Services, Inc. and Subsidiaries</div>
</td>
</tr><tr>
<td colspan="14" valign="top" width="100%">Condensed Consolidated Statements of Operations</td>
</tr><tr>
<td colspan="14" valign="top" width="100%">(In thousands, except per share data)</td>
</tr><tr>
<td colspan="14" valign="top" width="100%">(Unaudited)</td>
</tr><tr>
<td valign="top" width="35%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td valign="top" width="2%">&#160; </td>
<td valign="top" width="11%">&#160; </td>
<td valign="top" width="4%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td valign="top" width="10%">&#160; </td>
<td valign="top" width="4%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td valign="top" width="11%">&#160; </td>
<td valign="top" width="4%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td valign="top" width="10%">&#160; </td>
<td valign="top" width="5%">&#160; </td>
</tr><tr>
<td valign="top" width="35%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td valign="top" width="2%">&#160; </td>
<td colspan="4" valign="top" width="26%">
<div align="center">&#160;Three months ended</div>
</td>
<td valign="top" width="4%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td colspan="4" valign="top" width="26%">
<div align="center">&#160;Nine months ended</div>
</td>
<td valign="top" width="5%">&#160; </td>
</tr><tr>
<td valign="top" width="35%" style="PADDING-BOTTOM: 2px">&#160; </td>
<td valign="top" width="1%" style="PADDING-BOTTOM: 2px">&#160; </td>
<td valign="top" width="2%" style="BORDER-BOTTOM: black 2px solid">&#160; </td>
<td colspan="4" valign="top" width="26%" style="BORDER-BOTTOM: black 2px solid">
<div align="center">&#160;September 30,</div>
</td>
<td valign="top" width="4%" style="PADDING-BOTTOM: 2px">&#160; </td>
<td valign="top" width="1%" style="BORDER-BOTTOM: black 2px solid">&#160; </td>
<td colspan="4" valign="top" width="26%" style="BORDER-BOTTOM: black 2px solid">
<div align="center">&#160;September 30,</div>
</td>
<td valign="top" width="5%" style="PADDING-BOTTOM: 2px">&#160; </td>
</tr><tr>
<td valign="top" width="35%" style="PADDING-BOTTOM: 2px">&#160; </td>
<td valign="top" width="1%" style="PADDING-BOTTOM: 2px">&#160; </td>
<td colspan="2" valign="top" width="13%" style="BORDER-BOTTOM: black 2px solid">
<div align="center">2016</div>
</td>
<td valign="top" width="4%" style="PADDING-BOTTOM: 2px">&#160; </td>
<td colspan="2" valign="top" width="11%" style="BORDER-BOTTOM: black 2px solid">
<div align="center">2015</div>
</td>
<td valign="top" width="4%" style="PADDING-BOTTOM: 2px">&#160; </td>
<td valign="top" width="1%" style="BORDER-BOTTOM: black 2px solid">&#160; </td>
<td valign="top" width="11%" style="BORDER-BOTTOM: black 2px solid">
<div align="center">2016</div>
</td>
<td valign="top" width="4%" style="PADDING-BOTTOM: 2px">&#160; </td>
<td valign="top" width="1%" style="BORDER-BOTTOM: black 2px solid">&#160; </td>
<td valign="top" width="10%" style="BORDER-BOTTOM: black 2px solid">
<div align="center">2015</div>
</td>
<td valign="top" width="5%" style="PADDING-BOTTOM: 2px">&#160; </td>
</tr><tr>
<td align="left" valign="top" width="35%">
<div align="left">Revenues:</div>
</td>
<td valign="top" width="1%">&#160; </td>
<td valign="top" width="2%">&#160; </td>
<td valign="top" width="11%">&#160; </td>
<td valign="top" width="4%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td valign="top" width="10%">&#160; </td>
<td valign="top" width="4%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td valign="top" width="11%">&#160; </td>
<td valign="top" width="4%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td valign="top" width="10%">&#160; </td>
<td valign="top" width="5%">&#160; </td>
</tr><tr>
<td align="left" valign="top" width="35%">
<div align="left">Interest income</div>
</td>
<td valign="top" width="1%">&#160; </td>
<td valign="top" width="2%" style="TEXT-ALIGN: right">&#160; <font size="3">$</font></td>
<td valign="top" width="11%" style="TEXT-ALIGN: right">
<div>&#160;&#160;&#160;&#160;&#160;105,376</div>
</td>
<td valign="top" width="4%">&#160; </td>
<td valign="top" width="1%" style="TEXT-ALIGN: right">&#160;<font size="3">$</font></td>
<td valign="top" width="10%" style="TEXT-ALIGN: right">
<div>&#160;&#160;&#160;&#160;&#160;&#160;&#160;90,584</div>
</td>
<td valign="top" width="4%">&#160; </td>
<td valign="top" width="1%" style="TEXT-ALIGN: right"><font size="3">$</font></td>
<td valign="top" width="11%" style="TEXT-ALIGN: right">
<div>&#160;&#160;&#160;&#160;&#160;303,748</div>
</td>
<td valign="top" width="4%">&#160; </td>
<td valign="top" width="1%" style="TEXT-ALIGN: right"><font size="3">$</font></td>
<td valign="top" width="10%" style="TEXT-ALIGN: right">
<div>&#160;&#160;&#160;&#160;&#160;257,843</div>
</td>
<td valign="top" width="5%">&#160; </td>
</tr><tr>
<td align="left" valign="top" width="35%">
<div align="left">Servicing fees</div>
</td>
<td valign="top" width="1%">&#160; </td>
<td valign="top" width="2%">&#160; </td>
<td align="right" valign="top" width="11%">
<div align="right">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;26</div>
</td>
<td valign="top" width="4%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td align="right" valign="top" width="10%">
<div align="right">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;73</div>
</td>
<td valign="top" width="4%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td align="right" valign="top" width="11%">
<div align="right">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;73</div>
</td>
<td valign="top" width="4%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td align="right" valign="top" width="10%">
<div align="right">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;283</div>
</td>
<td valign="top" width="5%">&#160; </td>
</tr><tr>
<td align="left" valign="top" width="35%">
<div align="left">Other income</div>
</td>
<td valign="top" width="1%">&#160; </td>
<td valign="top" width="2%">&#160; </td>
<td align="right" valign="top" width="11%">
<div align="right">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;3,114</div>
</td>
<td valign="top" width="4%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td align="right" valign="top" width="10%">
<div align="right">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;3,334</div>
</td>
<td valign="top" width="4%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td align="right" valign="top" width="11%">
<div align="right">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;10,278</div>
</td>
<td valign="top" width="4%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td align="right" valign="top" width="10%">
<div align="right">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;10,215</div>
</td>
<td valign="top" width="5%">&#160; </td>
</tr><tr>
<td valign="top" width="35%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td valign="top" width="2%">&#160; </td>
<td align="right" valign="top" width="11%">
<div align="right">&#160;&#160;&#160;&#160;&#160;&#160;&#160;108,516</div>
</td>
<td valign="top" width="4%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td align="right" valign="top" width="10%">
<div align="right">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;93,991</div>
</td>
<td valign="top" width="4%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td align="right" valign="top" width="11%">
<div align="right">&#160;&#160;&#160;&#160;&#160;&#160;&#160;314,099</div>
</td>
<td valign="top" width="4%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td align="right" valign="top" width="10%">
<div align="right">&#160;&#160;&#160;&#160;&#160;&#160;&#160;268,341</div>
</td>
<td valign="top" width="5%">&#160; </td>
</tr><tr>
<td align="left" valign="top" width="35%">
<div align="left">Expenses:</div>
</td>
<td valign="top" width="1%">&#160; </td>
<td valign="top" width="2%">&#160; </td>
<td valign="top" width="11%">&#160; </td>
<td valign="top" width="4%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td valign="top" width="10%">&#160; </td>
<td valign="top" width="4%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td valign="top" width="11%">&#160; </td>
<td valign="top" width="4%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td valign="top" width="10%">&#160; </td>
<td valign="top" width="5%">&#160; </td>
</tr><tr>
<td align="left" valign="top" width="35%">
<div align="left">Employee costs</div>
</td>
<td valign="top" width="1%">&#160; </td>
<td valign="top" width="2%">&#160; </td>
<td align="right" valign="top" width="11%">
<div align="right">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;16,688</div>
</td>
<td valign="top" width="4%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td align="right" valign="top" width="10%">
<div align="right">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;15,254</div>
</td>
<td valign="top" width="4%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td align="right" valign="top" width="11%">
<div align="right">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;47,510</div>
</td>
<td valign="top" width="4%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td align="right" valign="top" width="10%">
<div align="right">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;42,884</div>
</td>
<td valign="top" width="5%">&#160; </td>
</tr><tr>
<td align="left" valign="top" width="35%">
<div align="left">General and administrative</div>
</td>
<td valign="top" width="1%">&#160; </td>
<td valign="top" width="2%">&#160; </td>
<td align="right" valign="top" width="11%">
<div align="right">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;6,316</div>
</td>
<td valign="top" width="4%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td align="right" valign="top" width="10%">
<div align="right">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;5,005</div>
</td>
<td valign="top" width="4%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td align="right" valign="top" width="11%">
<div align="right">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;18,216</div>
</td>
<td valign="top" width="4%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td align="right" valign="top" width="10%">
<div align="right">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;14,949</div>
</td>
<td valign="top" width="5%">&#160; </td>
</tr><tr>
<td align="left" valign="top" width="35%">
<div align="left">Interest</div>
</td>
<td valign="top" width="1%">&#160; </td>
<td valign="top" width="2%">&#160; </td>
<td align="right" valign="top" width="11%">
<div align="right">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;20,893</div>
</td>
<td valign="top" width="4%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td align="right" valign="top" width="10%">
<div align="right">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;14,848</div>
</td>
<td valign="top" width="4%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td align="right" valign="top" width="11%">
<div align="right">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;58,442</div>
</td>
<td valign="top" width="4%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td align="right" valign="top" width="10%">
<div align="right">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;41,709</div>
</td>
<td valign="top" width="5%">&#160; </td>
</tr><tr>
<td align="left" valign="top" width="35%">
<div align="left">Provision for credit losses</div>
</td>
<td valign="top" width="1%">&#160; </td>
<td valign="top" width="2%">&#160; </td>
<td align="right" valign="top" width="11%">
<div align="right">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;46,262</div>
</td>
<td valign="top" width="4%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td align="right" valign="top" width="10%">
<div align="right">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;37,411</div>
</td>
<td valign="top" width="4%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td align="right" valign="top" width="11%">
<div align="right">&#160;&#160;&#160;&#160;&#160;&#160;&#160;134,881</div>
</td>
<td valign="top" width="4%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td align="right" valign="top" width="10%">
<div align="right">&#160;&#160;&#160;&#160;&#160;&#160;&#160;106,533</div>
</td>
<td valign="top" width="5%">&#160; </td>
</tr><tr>
<td align="left" valign="top" width="35%">
<div align="left">Other expenses</div>
</td>
<td valign="top" width="1%">&#160; </td>
<td valign="top" width="2%">&#160; </td>
<td align="right" valign="top" width="11%">
<div align="right">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;5,902</div>
</td>
<td valign="top" width="4%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td align="right" valign="top" width="10%">
<div align="right">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;5,824</div>
</td>
<td valign="top" width="4%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td align="right" valign="top" width="11%">
<div align="right">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;18,040</div>
</td>
<td valign="top" width="4%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td align="right" valign="top" width="10%">
<div align="right">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;16,668</div>
</td>
<td valign="top" width="5%">&#160; </td>
</tr><tr>
<td valign="top" width="35%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td valign="top" width="2%">&#160; </td>
<td align="right" valign="top" width="11%">
<div align="right">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;96,061</div>
</td>
<td valign="top" width="4%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td align="right" valign="top" width="10%">
<div align="right">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;78,342</div>
</td>
<td valign="top" width="4%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td align="right" valign="top" width="11%">
<div align="right">&#160;&#160;&#160;&#160;&#160;&#160;&#160;277,089</div>
</td>
<td valign="top" width="4%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td align="right" valign="top" width="10%">
<div align="right">&#160;&#160;&#160;&#160;&#160;&#160;&#160;222,743</div>
</td>
<td valign="top" width="5%">&#160; </td>
</tr><tr>
<td align="left" valign="top" width="35%">
<div align="left">Income before income taxes</div>
</td>
<td valign="top" width="1%">&#160; </td>
<td valign="top" width="2%">&#160; </td>
<td align="right" valign="top" width="11%">
<div align="right">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;12,455</div>
</td>
<td valign="top" width="4%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td align="right" valign="top" width="10%">
<div align="right">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;15,649</div>
</td>
<td valign="top" width="4%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td align="right" valign="top" width="11%">
<div align="right">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;37,010</div>
</td>
<td valign="top" width="4%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td align="right" valign="top" width="10%">
<div align="right">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;45,598</div>
</td>
<td valign="top" width="5%">&#160; </td>
</tr><tr>
<td align="left" valign="top" width="35%">
<div align="left">Income tax expense</div>
</td>
<td valign="top" width="1%">&#160; </td>
<td valign="top" width="2%">&#160; </td>
<td align="right" valign="top" width="11%">
<div align="right">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;5,107</div>
</td>
<td valign="top" width="4%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td align="right" valign="top" width="10%">
<div align="right">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;6,806</div>
</td>
<td valign="top" width="4%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td align="right" valign="top" width="11%">
<div align="right">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;15,175</div>
</td>
<td valign="top" width="4%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td align="right" valign="top" width="10%">
<div align="right">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;19,885</div>
</td>
<td valign="top" width="5%">&#160; </td>
</tr><tr>
<td align="left" valign="top" width="35%">
<div align="left">&#160;&#160;&#160;&#160;&#160;&#160;Net income</div>
</td>
<td valign="top" width="1%">&#160; </td>
<td valign="top" width="2%" style="TEXT-ALIGN: right">&#160; <font size="3">$</font></td>
<td align="right" valign="top" width="11%">
<div align="right">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;7,348</div>
</td>
<td valign="top" width="4%">&#160; </td>
<td valign="top" width="1%" style="TEXT-ALIGN: right">&#160;<font size="3">$</font></td>
<td align="right" valign="top" width="10%">
<div align="right">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;8,843</div>
</td>
<td valign="top" width="4%">&#160; </td>
<td valign="top" width="1%">&#160;<font size="3">$</font></td>
<td align="right" valign="top" width="11%">
<div align="right">&#160;&#160;&#160;&#160;&#160;&#160;&#160;21,835</div>
</td>
<td valign="top" width="4%">&#160; </td>
<td valign="top" width="1%" style="TEXT-ALIGN: right">&#160;<font size="3">$</font></td>
<td align="right" valign="top" width="10%">
<div align="right">&#160;&#160;&#160;&#160;&#160;&#160;&#160;25,713</div>
</td>
<td valign="top" width="5%">&#160; </td>
</tr><tr>
<td valign="top" width="35%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td valign="top" width="2%">&#160; </td>
<td valign="top" width="11%">&#160; </td>
<td valign="top" width="4%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td valign="top" width="10%">&#160; </td>
<td valign="top" width="4%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td valign="top" width="11%">&#160; </td>
<td valign="top" width="4%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td valign="top" width="10%">&#160; </td>
<td valign="top" width="5%">&#160; </td>
</tr><tr>
<td align="left" valign="top" width="35%">
<div align="left">Earnings per share:</div>
</td>
<td valign="top" width="1%">&#160; </td>
<td valign="top" width="2%">&#160; </td>
<td valign="top" width="11%">&#160; </td>
<td valign="top" width="4%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td valign="top" width="10%">&#160; </td>
<td valign="top" width="4%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td valign="top" width="11%">&#160; </td>
<td valign="top" width="4%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td valign="top" width="10%">&#160; </td>
<td valign="top" width="5%">&#160; </td>
</tr><tr>
<td align="left" valign="top" width="35%">
<div align="left">&#160;&#160;&#160;&#160;&#160;Basic</div>
</td>
<td valign="top" width="1%">&#160; </td>
<td valign="top" width="2%" style="TEXT-ALIGN: right">&#160;&#160;<font size="3">&#160;$</font></td>
<td align="right" valign="top" width="11%">
<div align="right">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;0.31</div>
</td>
<td valign="top" width="4%">&#160; </td>
<td valign="top" width="1%" style="TEXT-ALIGN: right">&#160;<font size="3">$</font></td>
<td align="right" valign="top" width="10%">
<div align="right">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;0.34</div>
</td>
<td valign="top" width="4%">&#160; </td>
<td valign="top" width="1%">&#160;<font size="3">$</font></td>
<td align="right" valign="top" width="11%">
<div align="right">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;0.89</div>
</td>
<td valign="top" width="4%">&#160; </td>
<td valign="top" width="1%" style="TEXT-ALIGN: right">&#160;<font size="3">$</font></td>
<td align="right" valign="top" width="10%">
<div align="right">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;0.99</div>
</td>
<td valign="top" width="5%">&#160; </td>
</tr><tr>
<td align="left" valign="top" width="35%">
<div align="left">&#160;&#160;&#160;&#160;&#160;Diluted</div>
</td>
<td valign="top" width="1%">&#160; </td>
<td valign="top" width="2%" style="TEXT-ALIGN: right">&#160; <font size="3">$</font></td>
<td align="right" valign="top" width="11%">
<div align="right">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;0.26</div>
</td>
<td valign="top" width="4%">&#160; </td>
<td valign="top" width="1%" style="TEXT-ALIGN: right">&#160;<font size="3">$</font> </td>
<td align="right" valign="top" width="10%">
<div align="right">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;0.28</div>
</td>
<td valign="top" width="4%">&#160; </td>
<td valign="top" width="1%">&#160;<font size="3">$</font></td>
<td align="right" valign="top" width="11%">
<div align="right">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;0.75</div>
</td>
<td valign="top" width="4%">&#160; </td>
<td valign="top" width="1%" style="TEXT-ALIGN: right">&#160;<font size="3">$</font></td>
<td align="right" valign="top" width="10%">
<div align="right">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;0.81</div>
</td>
<td valign="top" width="5%">&#160; </td>
</tr><tr>
<td valign="top" width="35%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td valign="top" width="2%">&#160; </td>
<td valign="top" width="11%">&#160; </td>
<td valign="top" width="4%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td valign="top" width="10%">&#160; </td>
<td valign="top" width="4%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td valign="top" width="11%">&#160; </td>
<td valign="top" width="4%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td valign="top" width="10%">&#160; </td>
<td valign="top" width="5%">&#160; </td>
</tr><tr>
<td valign="top" width="35%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td valign="top" width="2%">&#160; </td>
<td valign="top" width="11%">&#160; </td>
<td valign="top" width="4%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td valign="top" width="10%">&#160; </td>
<td valign="top" width="4%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td valign="top" width="11%">&#160; </td>
<td valign="top" width="4%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td valign="top" width="10%">&#160; </td>
<td valign="top" width="5%">&#160; </td>
</tr><tr>
<td align="left" colspan="4" valign="top" width="49%">
<div align="left">Number of shares used in computing earnings</div>
</td>
<td valign="top" width="4%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td valign="top" width="10%">&#160; </td>
<td valign="top" width="4%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td valign="top" width="11%">&#160; </td>
<td valign="top" width="4%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td valign="top" width="10%">&#160; </td>
<td valign="top" width="5%">&#160; </td>
</tr><tr>
<td align="left" valign="top" width="35%">
<div align="left">&#160;&#160;&#160;per share:</div>
</td>
<td valign="top" width="1%">&#160; </td>
<td valign="top" width="2%">&#160; </td>
<td valign="top" width="11%">&#160; </td>
<td valign="top" width="4%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td valign="top" width="10%">&#160; </td>
<td valign="top" width="4%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td valign="top" width="11%">&#160; </td>
<td valign="top" width="4%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td valign="top" width="10%">&#160; </td>
<td valign="top" width="5%">&#160; </td>
</tr><tr>
<td align="left" valign="top" width="35%">
<div align="left">&#160;&#160;&#160;&#160;&#160;Basic</div>
</td>
<td valign="top" width="1%">&#160; </td>
<td valign="top" width="2%">&#160; </td>
<td align="right" valign="top" width="11%">
<div align="right">23,894</div>
</td>
<td valign="top" width="4%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td align="right" valign="top" width="10%">
<div align="right">26,093</div>
</td>
<td valign="top" width="4%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td align="right" valign="top" width="11%">
<div align="right">24,574</div>
</td>
<td valign="top" width="4%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td align="right" valign="top" width="10%">
<div align="right">25,989</div>
</td>
<td valign="top" width="5%">&#160; </td>
</tr><tr>
<td align="left" valign="top" width="35%">
<div align="left">&#160;&#160;&#160;&#160;&#160;Diluted</div>
</td>
<td valign="top" width="1%">&#160; </td>
<td valign="top" width="2%">&#160; </td>
<td align="right" valign="top" width="11%">
<div align="right">28,503</div>
</td>
<td valign="top" width="4%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td align="right" valign="top" width="10%">
<div align="right">31,476</div>
</td>
<td valign="top" width="4%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td align="right" valign="top" width="11%">
<div align="right">29,253</div>
</td>
<td valign="top" width="4%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td align="right" valign="top" width="10%">
<div align="right">31,796</div>
</td>
<td valign="top" width="5%">&#160; </td>
</tr><tr>
<td valign="top" width="35%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td valign="top" width="2%">&#160; </td>
<td valign="top" width="11%">&#160; </td>
<td valign="top" width="4%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td valign="top" width="10%">&#160; </td>
<td valign="top" width="4%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td valign="top" width="11%">&#160; </td>
<td valign="top" width="4%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td valign="top" width="10%">&#160; </td>
<td valign="top" width="5%">&#160; </td>
</tr><tr>
<td valign="top" width="35%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td valign="top" width="2%">&#160; </td>
<td valign="top" width="11%">&#160; </td>
<td valign="top" width="4%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td valign="top" width="10%">&#160; </td>
<td valign="top" width="4%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td valign="top" width="11%">&#160; </td>
<td valign="top" width="4%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td valign="top" width="10%">&#160; </td>
<td valign="top" width="5%">&#160; </td>
</tr><tr>
<td valign="top" width="35%">
<div align="center">Condensed Consolidated Balance Sheets</div>
</td>
<td valign="top" width="1%">&#160; </td>
<td valign="top" width="2%">&#160; </td>
<td valign="top" width="11%">&#160; </td>
<td valign="top" width="4%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td valign="top" width="10%">&#160; </td>
<td valign="top" width="4%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td valign="top" width="11%">&#160; </td>
<td valign="top" width="4%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td valign="top" width="10%">&#160; </td>
<td valign="top" width="5%">&#160; </td>
</tr><tr>
<td valign="top" width="35%">
<div align="center">(In thousands)</div>
</td>
<td valign="top" width="1%">&#160; </td>
<td valign="top" width="2%">&#160; </td>
<td valign="top" width="11%">&#160; </td>
<td valign="top" width="4%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td valign="top" width="10%">&#160; </td>
<td valign="top" width="4%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td valign="top" width="11%">&#160; </td>
<td valign="top" width="4%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td valign="top" width="10%">&#160; </td>
<td valign="top" width="5%">&#160; </td>
</tr><tr>
<td valign="top" width="35%">
<div align="center">(Unaudited)</div>
</td>
<td valign="top" width="1%">&#160; </td>
<td valign="top" width="2%">&#160; </td>
<td valign="top" width="11%">&#160; </td>
<td valign="top" width="4%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td valign="top" width="10%">&#160; </td>
<td valign="top" width="4%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td valign="top" width="11%">&#160; </td>
<td valign="top" width="4%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td valign="top" width="10%">&#160; </td>
<td valign="top" width="5%">&#160; </td>
</tr><tr>
<td valign="top" width="35%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td valign="top" width="2%">&#160; </td>
<td valign="top" width="11%">&#160; </td>
<td valign="top" width="4%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td valign="top" width="10%">&#160; </td>
<td valign="top" width="4%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td valign="top" width="11%">&#160; </td>
<td valign="top" width="4%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td valign="top" width="10%">&#160; </td>
<td valign="top" width="5%">&#160; </td>
</tr><tr>
<td valign="top" width="35%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td valign="top" width="2%">&#160; </td>
<td valign="top" width="11%">&#160; </td>
<td valign="top" width="4%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td valign="top" width="10%">&#160; </td>
<td valign="top" width="4%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td valign="top" width="11%">&#160; </td>
<td valign="top" width="4%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td valign="top" width="10%">&#160; </td>
<td valign="top" width="5%">&#160; </td>
</tr><tr>
<td valign="top" width="35%">&#160;</td>
<td valign="top" width="1%">&#160;</td>
<td valign="top" width="2%">&#160;</td>
<td valign="top" width="11%">&#160;

<div align="center">September 30,</div>
</td>
<td valign="top" width="4%">&#160;</td>
<td valign="top" width="1%">&#160;</td>
<td valign="top" width="10%">&#160;

<div align="center">December 31,</div>
</td>
<td valign="top" width="4%">&#160;</td>
<td valign="top" width="1%">&#160;</td>
<td valign="top" width="11%">&#160;</td>
<td valign="top" width="4%">&#160;</td>
<td valign="top" width="1%">&#160;</td>
<td valign="top" width="10%">&#160;</td>
<td valign="top" width="5%">&#160;</td>
</tr><tr>
<td valign="top" width="35%" style="PADDING-BOTTOM: 2px">&#160; </td>
<td valign="top" width="1%" style="PADDING-BOTTOM: 2px">&#160; </td>
<td colspan="2" valign="top" width="11%" style="BORDER-BOTTOM: black 2px solid">
<div align="center">2016</div>
</td>
<td valign="top" width="4%" style="PADDING-BOTTOM: 2px">
<div align="center">&#160;</div>
</td>
<td colspan="2" valign="top" width="10%" style="BORDER-BOTTOM: black 2px solid">
<div align="center">2015</div>
</td>
<td valign="top" width="4%" style="PADDING-BOTTOM: 2px">&#160; </td>
<td valign="top" width="1%" style="PADDING-BOTTOM: 2px">&#160; </td>
<td valign="top" width="11%" style="PADDING-BOTTOM: 2px">&#160; </td>
<td valign="top" width="4%" style="PADDING-BOTTOM: 2px">&#160; </td>
<td valign="top" width="1%" style="PADDING-BOTTOM: 2px">&#160; </td>
<td valign="top" width="10%" style="PADDING-BOTTOM: 2px">&#160; </td>
<td valign="top" width="5%" style="PADDING-BOTTOM: 2px">&#160; </td>
</tr><tr>
<td align="left" valign="top" width="35%">
<div align="left">Assets:</div>
</td>
<td valign="top" width="1%">&#160; </td>
<td valign="top" width="2%">&#160; </td>
<td valign="top" width="11%">&#160; </td>
<td valign="top" width="4%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td valign="top" width="10%">&#160; </td>
<td valign="top" width="4%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td valign="top" width="11%">&#160; </td>
<td valign="top" width="4%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td valign="top" width="10%">&#160; </td>
<td valign="top" width="5%">&#160; </td>
</tr><tr>
<td align="left" valign="top" width="35%">
<div align="left">Cash and cash equivalents</div>
</td>
<td valign="top" width="1%">&#160; </td>
<td valign="top" width="2%" style="TEXT-ALIGN: right">&#160; <font size="3">$</font></td>
<td align="right" valign="top" width="11%">
<div align="right">&#160;&#160;&#160;&#160;&#160;&#160;&#160;11,494</div>
</td>
<td valign="top" width="4%">&#160; </td>
<td valign="top" width="1%" style="TEXT-ALIGN: right">&#160;<font size="3">$</font> </td>
<td align="right" valign="top" width="10%">
<div align="right">&#160;&#160;&#160;&#160;&#160;&#160;&#160;19,322</div>
</td>
<td valign="top" width="4%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td valign="top" width="11%">&#160; </td>
<td valign="top" width="4%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td valign="top" width="10%">&#160; </td>
<td valign="top" width="5%">&#160; </td>
</tr><tr>
<td align="left" valign="top" width="35%">
<div align="left">Restricted cash and equivalents</div>
</td>
<td valign="top" width="1%">&#160; </td>
<td valign="top" width="2%">&#160; </td>
<td align="right" valign="top" width="11%">
<div align="right">116,403</div>
</td>
<td valign="top" width="4%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td align="right" valign="top" width="10%">
<div align="right">106,054</div>
</td>
<td valign="top" width="4%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td valign="top" width="11%">&#160; </td>
<td valign="top" width="4%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td valign="top" width="10%">&#160; </td>
<td valign="top" width="5%">&#160; </td>
</tr><tr>
<td align="left" valign="top" width="35%">
<div align="left">Total cash and cash equivalents</div>
</td>
<td valign="top" width="1%">&#160; </td>
<td valign="top" width="2%">&#160; </td>
<td align="right" valign="top" width="11%">
<div align="right">127,897</div>
</td>
<td valign="top" width="4%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td align="right" valign="top" width="10%">
<div align="right">125,376</div>
</td>
<td valign="top" width="4%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td valign="top" width="11%">&#160; </td>
<td valign="top" width="4%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td valign="top" width="10%">&#160; </td>
<td valign="top" width="5%">&#160; </td>
</tr><tr>
<td valign="top" width="35%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td valign="top" width="2%">&#160; </td>
<td valign="top" width="11%">&#160; </td>
<td valign="top" width="4%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td valign="top" width="10%">&#160; </td>
<td valign="top" width="4%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td valign="top" width="11%">&#160; </td>
<td valign="top" width="4%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td valign="top" width="10%">&#160; </td>
<td valign="top" width="5%">&#160; </td>
</tr><tr>
<td align="left" valign="top" width="35%">
<div align="left">Finance receivables</div>
</td>
<td valign="top" width="1%">&#160; </td>
<td valign="top" width="2%">&#160; </td>
<td align="right" valign="top" width="11%">
<div align="right">2,257,151</div>
</td>
<td valign="top" width="4%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td align="right" valign="top" width="10%">
<div align="right">1,985,093</div>
</td>
<td valign="top" width="4%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td valign="top" width="11%">&#160; </td>
<td valign="top" width="4%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td valign="top" width="10%">&#160; </td>
<td valign="top" width="5%">&#160; </td>
</tr><tr>
<td align="left" valign="top" width="35%">
<div align="left">Allowance for finance credit losses</div>
</td>
<td valign="top" width="1%">&#160; </td>
<td valign="top" width="2%">&#160; </td>
<td align="right" valign="top" width="11%">
<div align="right">(96,843)</div>
</td>
<td valign="top" width="4%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td align="right" valign="top" width="10%">
<div align="right">(75,603)</div>
</td>
<td valign="top" width="4%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td valign="top" width="11%">&#160; </td>
<td valign="top" width="4%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td valign="top" width="10%">&#160; </td>
<td valign="top" width="5%">&#160; </td>
</tr><tr>
<td align="left" valign="top" width="35%">
<div align="left">Finance receivables, net</div>
</td>
<td valign="top" width="1%">&#160; </td>
<td valign="top" width="2%">&#160; </td>
<td align="right" valign="top" width="11%">
<div align="right">2,160,308</div>
</td>
<td valign="top" width="4%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td align="right" valign="top" width="10%">
<div align="right">1,909,490</div>
</td>
<td valign="top" width="4%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td valign="top" width="11%">&#160; </td>
<td valign="top" width="4%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td valign="top" width="10%">&#160; </td>
<td valign="top" width="5%">&#160; </td>
</tr><tr>
<td valign="top" width="35%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td valign="top" width="2%">&#160; </td>
<td valign="top" width="11%">&#160; </td>
<td valign="top" width="4%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td valign="top" width="10%">&#160; </td>
<td valign="top" width="4%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td valign="top" width="11%">&#160; </td>
<td valign="top" width="4%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td valign="top" width="10%">&#160; </td>
<td valign="top" width="5%">&#160; </td>
</tr><tr>
<td align="left" colspan="2" valign="top" width="36%">
<div align="left">Finance receivables measured at fair value</div>
</td>
<td valign="top" width="2%">&#160; </td>
<td align="right" valign="top" width="11%">
<div align="right">7</div>
</td>
<td valign="top" width="4%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td align="right" valign="top" width="10%">
<div align="right">61</div>
</td>
<td valign="top" width="4%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td valign="top" width="11%">&#160; </td>
<td valign="top" width="4%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td valign="top" width="10%">&#160; </td>
<td valign="top" width="5%">&#160; </td>
</tr><tr>
<td align="left" valign="top" width="35%">
<div align="left">Deferred tax assets, net</div>
</td>
<td valign="top" width="1%">&#160; </td>
<td valign="top" width="2%">&#160; </td>
<td align="right" valign="top" width="11%">
<div align="right">43,197</div>
</td>
<td valign="top" width="4%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td align="right" valign="top" width="10%">
<div align="right">37,597</div>
</td>
<td valign="top" width="4%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td valign="top" width="11%">&#160; </td>
<td valign="top" width="4%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td valign="top" width="10%">&#160; </td>
<td valign="top" width="5%">&#160; </td>
</tr><tr>
<td align="left" valign="top" width="35%">
<div align="left">Other assets</div>
</td>
<td valign="top" width="1%">&#160; </td>
<td valign="top" width="2%">&#160; </td>
<td align="right" valign="top" width="11%">
<div align="right">57,626</div>
</td>
<td valign="top" width="4%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td align="right" valign="top" width="10%">
<div align="right">56,401</div>
</td>
<td valign="top" width="4%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td valign="top" width="11%">&#160; </td>
<td valign="top" width="4%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td valign="top" width="10%">&#160; </td>
<td valign="top" width="5%">&#160; </td>
</tr><tr>
<td valign="top" width="35%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td valign="top" width="2%" style="TEXT-ALIGN: right">&#160; <font size="3">$</font></td>
<td align="right" valign="top" width="11%">
<div align="right">&#160; 2,389,035</div>
</td>
<td valign="top" width="4%">&#160; </td>
<td valign="top" width="1%" style="TEXT-ALIGN: right">&#160; <font size="3">$</font></td>
<td align="right" valign="top" width="10%">
<div align="right">&#160; 2,128,925</div>
</td>
<td valign="top" width="4%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td valign="top" width="11%">&#160; </td>
<td valign="top" width="4%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td valign="top" width="10%">&#160; </td>
<td valign="top" width="5%">&#160; </td>
</tr><tr>
<td valign="top" width="35%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td valign="top" width="2%">&#160; </td>
<td valign="top" width="11%">&#160; </td>
<td valign="top" width="4%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td valign="top" width="10%">&#160; </td>
<td valign="top" width="4%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td valign="top" width="11%">&#160; </td>
<td valign="top" width="4%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td valign="top" width="10%">&#160; </td>
<td valign="top" width="5%">&#160; </td>
</tr><tr>
<td align="left" valign="top" width="35%">
<div align="left">Liabilities and Shareholders' Equity:</div>
</td>
<td valign="top" width="1%">&#160; </td>
<td valign="top" width="2%">&#160; </td>
<td valign="top" width="11%">&#160; </td>
<td valign="top" width="4%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td valign="top" width="10%">&#160; </td>
<td valign="top" width="4%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td valign="top" width="11%">&#160; </td>
<td valign="top" width="4%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td valign="top" width="10%">&#160; </td>
<td valign="top" width="5%">&#160; </td>
</tr><tr>
<td align="left" valign="top" width="35%">
<div align="left">Accounts payable and accrued expenses</div>
</td>
<td valign="top" width="1%">&#160; </td>
<td valign="top" width="2%" style="TEXT-ALIGN: right">&#160; <font size="3">$</font></td>
<td align="right" valign="top" width="11%">
<div align="right">&#160;&#160;&#160;&#160;&#160;&#160;33,563</div>
</td>
<td valign="top" width="4%">&#160; </td>
<td valign="top" width="1%" style="TEXT-ALIGN: right">&#160; <font size="3">$</font></td>
<td align="right" valign="top" width="10%">
<div align="right">&#160;&#160;&#160;&#160;&#160;&#160;29,509</div>
</td>
<td valign="top" width="4%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td valign="top" width="11%">&#160; </td>
<td valign="top" width="4%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td valign="top" width="10%">&#160; </td>
<td valign="top" width="5%">&#160; </td>
</tr><tr>
<td align="left" valign="top" width="35%">
<div align="left">Warehouse lines of credit</div>
</td>
<td valign="top" width="1%">&#160; </td>
<td valign="top" width="2%">&#160; </td>
<td align="right" valign="top" width="11%">
<div align="right">81,683</div>
</td>
<td valign="top" width="4%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td align="right" valign="top" width="10%">
<div align="right">194,056</div>
</td>
<td valign="top" width="4%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td valign="top" width="11%">&#160; </td>
<td valign="top" width="4%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td valign="top" width="10%">&#160; </td>
<td valign="top" width="5%">&#160; </td>
</tr><tr>
<td align="left" valign="top" width="35%">
<div align="left">Residual interest financing</div>
</td>
<td valign="top" width="1%">&#160; </td>
<td valign="top" width="2%">&#160; </td>
<td align="right" valign="top" width="11%">
<div align="right">6,856</div>
</td>
<td valign="top" width="4%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td align="right" valign="top" width="10%">
<div align="right">9,042</div>
</td>
<td valign="top" width="4%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td valign="top" width="11%">&#160; </td>
<td valign="top" width="4%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td valign="top" width="10%">&#160; </td>
<td valign="top" width="5%">&#160; </td>
</tr><tr>
<td align="left" valign="top" width="35%">
<div align="left">Securitization trust debt</div>
</td>
<td valign="top" width="1%">&#160; </td>
<td valign="top" width="2%">&#160; </td>
<td align="right" valign="top" width="11%">
<div align="right">2,073,409</div>
</td>
<td valign="top" width="4%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td align="right" valign="top" width="10%">
<div align="right">1,720,021</div>
</td>
<td valign="top" width="4%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td valign="top" width="11%">&#160; </td>
<td valign="top" width="4%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td valign="top" width="10%">&#160; </td>
<td valign="top" width="5%">&#160; </td>
</tr><tr>
<td align="left" valign="top" width="35%">
<div align="left">Subordinated renewable notes</div>
</td>
<td valign="top" width="1%">&#160; </td>
<td valign="top" width="2%">&#160; </td>
<td align="right" valign="top" width="11%">
<div align="right">14,353</div>
</td>
<td valign="top" width="4%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td align="right" valign="top" width="10%">
<div align="right">15,138</div>
</td>
<td valign="top" width="4%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td valign="top" width="11%">&#160; </td>
<td valign="top" width="4%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td valign="top" width="10%">&#160; </td>
<td valign="top" width="5%">&#160; </td>
</tr><tr>
<td valign="top" width="35%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td valign="top" width="2%">&#160; </td>
<td align="right" valign="top" width="11%">
<div align="right">2,209,864</div>
</td>
<td valign="top" width="4%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td align="right" valign="top" width="10%">
<div align="right">1,967,766</div>
</td>
<td valign="top" width="4%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td valign="top" width="11%">&#160; </td>
<td valign="top" width="4%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td valign="top" width="10%">&#160; </td>
<td valign="top" width="5%">&#160; </td>
</tr><tr>
<td valign="top" width="35%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td valign="top" width="2%">&#160; </td>
<td valign="top" width="11%">&#160; </td>
<td valign="top" width="4%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td valign="top" width="10%">&#160; </td>
<td valign="top" width="4%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td valign="top" width="11%">&#160; </td>
<td valign="top" width="4%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td valign="top" width="10%">&#160; </td>
<td valign="top" width="5%">&#160; </td>
</tr><tr>
<td align="left" valign="top" width="35%">
<div align="left">Shareholders' equity</div>
</td>
<td valign="top" width="1%">&#160; </td>
<td valign="top" width="2%">&#160; </td>
<td align="right" valign="top" width="11%">
<div align="right">179,171</div>
</td>
<td valign="top" width="4%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td align="right" valign="top" width="10%">
<div align="right">161,159</div>
</td>
<td valign="top" width="4%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td valign="top" width="11%">&#160; </td>
<td valign="top" width="4%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td valign="top" width="10%">&#160; </td>
<td valign="top" width="5%">&#160; </td>
</tr><tr>
<td valign="top" width="35%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td valign="top" width="2%" style="TEXT-ALIGN: right">&#160; <font size="3">$ </font></td>
<td align="right" valign="top" width="11%">
<div align="right">&#160;2,389,035</div>
</td>
<td valign="top" width="4%">&#160; </td>
<td valign="top" width="1%">&#160;&#160;<font size="3">&#160;$</font></td>
<td align="right" valign="top" width="10%">
<div align="right">&#160;2,128,925</div>
</td>
<td valign="top" width="4%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td valign="top" width="11%">&#160; </td>
<td valign="top" width="4%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td valign="top" width="10%">&#160; </td>
<td valign="top" width="5%">&#160; </td>
</tr><tr>
<td valign="top" width="35%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td valign="top" width="2%">&#160; </td>
<td valign="top" width="11%">&#160; </td>
<td valign="top" width="4%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td valign="top" width="10%">&#160; </td>
<td valign="top" width="4%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td valign="top" width="11%">&#160; </td>
<td valign="top" width="4%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td valign="top" width="10%">&#160; </td>
<td valign="top" width="5%">&#160; </td>
</tr><tr>
<td valign="top" width="35%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td valign="top" width="2%">&#160; </td>
<td valign="top" width="11%">&#160; </td>
<td valign="top" width="4%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td valign="top" width="10%">&#160; </td>
<td valign="top" width="4%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td valign="top" width="11%">&#160; </td>
<td valign="top" width="4%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td valign="top" width="10%">&#160; </td>
<td valign="top" width="5%">&#160; </td>
</tr><tr>
<td valign="top" width="35%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td valign="top" width="2%">&#160; </td>
<td valign="top" width="11%">&#160; </td>
<td valign="top" width="4%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td valign="top" width="10%">&#160; </td>
<td valign="top" width="4%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td valign="top" width="11%">&#160; </td>
<td valign="top" width="4%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td valign="top" width="10%">&#160; </td>
<td valign="top" width="5%">&#160; </td>
</tr><tr>
<td valign="top" width="35%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td valign="top" width="2%">&#160; </td>
<td valign="top" width="11%">&#160; </td>
<td valign="top" width="4%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td valign="top" width="10%">&#160; </td>
<td valign="top" width="4%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td valign="top" width="11%">&#160; </td>
<td valign="top" width="4%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td valign="top" width="10%">&#160; </td>
<td valign="top" width="5%">&#160; </td>
</tr><tr>
<td valign="top" width="35%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td valign="top" width="2%">&#160; </td>
<td valign="top" width="11%">&#160; </td>
<td valign="top" width="4%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td valign="top" width="10%">&#160; </td>
<td valign="top" width="4%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td valign="top" width="11%">&#160; </td>
<td valign="top" width="4%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td valign="top" width="10%">&#160; </td>
<td valign="top" width="5%">&#160; </td>
</tr><tr>
<td valign="top" width="35%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td valign="top" width="2%">&#160; </td>
<td valign="top" width="11%">&#160; </td>
<td valign="top" width="4%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td valign="top" width="10%">&#160; </td>
<td valign="top" width="4%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td valign="top" width="11%">&#160; </td>
<td valign="top" width="4%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td valign="top" width="10%">&#160; </td>
<td valign="top" width="5%">&#160; </td>
</tr><tr>
<td valign="top" width="35%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td valign="top" width="2%">&#160; </td>
<td valign="top" width="11%">&#160; </td>
<td valign="top" width="4%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td valign="top" width="10%">&#160; </td>
<td valign="top" width="4%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td valign="top" width="11%">&#160; </td>
<td valign="top" width="4%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td valign="top" width="10%">&#160; </td>
<td valign="top" width="5%">&#160; </td>
</tr><tr>
<td valign="top" width="35%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td valign="top" width="2%">&#160; </td>
<td valign="top" width="11%">&#160; </td>
<td valign="top" width="4%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td valign="top" width="10%">&#160; </td>
<td valign="top" width="4%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td valign="top" width="11%">&#160; </td>
<td valign="top" width="4%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td valign="top" width="10%">&#160; </td>
<td valign="top" width="5%">&#160; </td>
</tr><tr>
<td align="left" colspan="4" valign="top" width="49%">
<div align="left">Operating and Performance Data ($ in millions)</div>
</td>
<td valign="top" width="4%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td valign="top" width="10%">&#160; </td>
<td valign="top" width="4%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td valign="top" width="11%">&#160; </td>
<td valign="top" width="4%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td valign="top" width="10%">&#160; </td>
<td valign="top" width="5%">&#160; </td>
</tr><tr>
<td valign="top" width="35%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td valign="top" width="2%">&#160; </td>
<td valign="top" width="11%">&#160; </td>
<td valign="top" width="4%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td valign="top" width="10%">&#160; </td>
<td valign="top" width="4%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td valign="top" width="11%">&#160; </td>
<td valign="top" width="4%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td valign="top" width="10%">&#160; </td>
<td valign="top" width="5%">&#160; </td>
</tr><tr>
<td valign="top" width="35%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td valign="top" width="2%">&#160; </td>
<td valign="top" width="11%">&#160; </td>
<td valign="top" width="4%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td valign="top" width="10%">&#160; </td>
<td valign="top" width="4%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td valign="top" width="11%">&#160; </td>
<td valign="top" width="4%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td valign="top" width="10%">&#160; </td>
<td valign="top" width="5%">&#160; </td>
</tr><tr>
<td valign="top" width="35%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td valign="top" width="2%">&#160; </td>
<td valign="top" width="11%">&#160; </td>
<td valign="top" width="4%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td valign="top" width="10%">&#160; </td>
<td valign="top" width="4%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td valign="top" width="11%">&#160; </td>
<td valign="top" width="4%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td valign="top" width="10%">&#160; </td>
<td valign="top" width="5%">&#160; </td>
</tr><tr>
<td valign="top" width="35%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td valign="top" width="2%">&#160; </td>
<td colspan="4" valign="top" width="15%">
<div align="center">&#160;At and for the</div>
</td>
<td valign="top" width="4%">&#160; </td>
<td colspan="5" valign="top" width="15%">
<div align="center">&#160;At and for the</div>
</td>
<td valign="top" width="5%">&#160; </td>
</tr><tr>
<td valign="top" width="35%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td valign="top" width="2%">&#160; </td>
<td colspan="4" valign="top" width="26%">
<div align="center">&#160;Three months ended</div>
</td>
<td valign="top" width="4%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td colspan="4" valign="top" width="26%">
<div align="center">&#160;Nine months ended</div>
</td>
<td valign="top" width="5%">&#160; </td>
</tr><tr>
<td valign="top" width="35%" style="PADDING-BOTTOM: 2px">&#160; </td>
<td valign="top" width="1%" style="PADDING-BOTTOM: 2px">&#160; </td>
<td valign="top" width="2%" style="BORDER-BOTTOM: black 2px solid">&#160; </td>
<td colspan="4" valign="top" width="15%" style="BORDER-BOTTOM: black 2px solid">
<div align="center">&#160;September 30,</div>
</td>
<td valign="top" width="4%" style="PADDING-BOTTOM: 2px">&#160; </td>
<td valign="top" width="1%" style="BORDER-BOTTOM: black 2px solid">&#160; </td>
<td colspan="4" valign="top" width="15%" style="BORDER-BOTTOM: black 2px solid">
<div align="center">&#160;September 30,</div>
</td>
<td valign="top" width="5%" style="PADDING-BOTTOM: 2px">&#160; </td>
</tr><tr>
<td valign="top" width="35%" style="PADDING-BOTTOM: 2px">&#160; </td>
<td valign="top" width="1%" style="PADDING-BOTTOM: 2px">&#160; </td>
<td valign="top" width="2%" style="BORDER-BOTTOM: black 2px solid">&#160; </td>
<td valign="top" width="11%" style="BORDER-BOTTOM: black 2px solid">
<div align="center">2016</div>
</td>
<td valign="top" width="4%" style="PADDING-BOTTOM: 2px">&#160; </td>
<td valign="top" width="1%" style="BORDER-BOTTOM: black 2px solid">&#160; </td>
<td valign="top" width="10%" style="BORDER-BOTTOM: black 2px solid">
<div align="center">2015</div>
</td>
<td valign="top" width="4%" style="PADDING-BOTTOM: 2px">&#160; </td>
<td valign="top" width="1%" style="BORDER-BOTTOM: black 2px solid">&#160; </td>
<td valign="top" width="11%" style="BORDER-BOTTOM: black 2px solid">
<div align="center">2016</div>
</td>
<td valign="top" width="4%" style="PADDING-BOTTOM: 2px">&#160; </td>
<td valign="top" width="1%" style="BORDER-BOTTOM: black 2px solid">&#160; </td>
<td valign="top" width="10%" style="BORDER-BOTTOM: black 2px solid">
<div align="center">2015</div>
</td>
<td valign="top" width="5%" style="PADDING-BOTTOM: 2px">&#160; </td>
</tr><tr>
<td valign="top" width="35%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td valign="top" width="2%">&#160; </td>
<td valign="top" width="11%">&#160; </td>
<td valign="top" width="4%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td valign="top" width="10%">&#160; </td>
<td valign="top" width="4%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td valign="top" width="11%">&#160; </td>
<td valign="top" width="4%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td valign="top" width="10%">&#160; </td>
<td valign="top" width="5%">&#160; </td>
</tr><tr>
<td align="left" valign="top" width="35%">
<div align="left">Contracts purchased</div>
</td>
<td valign="top" width="1%">&#160; </td>
<td valign="top" width="2%" style="TEXT-ALIGN: right">$</td>
<td align="right" valign="top" width="11%">
<div align="right">&#160;&#160;&#160;&#160;&#160;&#160;&#160;242.09</div>
</td>
<td valign="top" width="4%">&#160; </td>
<td valign="top" width="1%" style="TEXT-ALIGN: right">&#160; $</td>
<td align="right" valign="top" width="10%">
<div align="right">&#160;&#160;&#160;&#160;&#160;&#160;&#160;287.54</div>
</td>
<td valign="top" width="4%">&#160; </td>
<td valign="top" width="1%" style="TEXT-ALIGN: right">&#160;$</td>
<td align="right" valign="top" width="11%">
<div align="right">&#160;&#160;&#160;&#160;&#160;&#160;&#160;873.50</div>
</td>
<td valign="top" width="4%">&#160; </td>
<td valign="top" width="1%">&#160;&#160;&#160;$</td>
<td align="right" valign="top" width="10%">
<div align="right">&#160;&#160;&#160;&#160;&#160;&#160;791.33</div>
</td>
<td valign="top" width="5%">&#160; </td>
</tr><tr>
<td align="left" valign="top" width="35%">
<div align="left">Contracts securitized</div>
</td>
<td valign="top" width="1%">&#160; </td>
<td valign="top" width="2%">&#160; </td>
<td align="right" valign="top" width="11%">
<div align="right">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;325.00</div>
</td>
<td valign="top" width="4%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td align="right" valign="top" width="10%">
<div align="right">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;292.77</div>
</td>
<td valign="top" width="4%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td align="right" valign="top" width="11%">
<div align="right">&#160;&#160;&#160;&#160;&#160;&#160;1,005.00</div>
</td>
<td valign="top" width="4%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td align="right" valign="top" width="10%">
<div align="right">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;778.22</div>
</td>
<td valign="top" width="5%">&#160; </td>
</tr><tr>
<td valign="top" width="35%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td valign="top" width="2%">&#160; </td>
<td valign="top" width="11%">&#160; </td>
<td valign="top" width="4%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td valign="top" width="10%">&#160; </td>
<td valign="top" width="4%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td valign="top" width="11%">&#160; </td>
<td valign="top" width="4%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td valign="top" width="10%">&#160; </td>
<td valign="top" width="5%">&#160; </td>
</tr><tr>
<td align="left" valign="top" width="35%">
<div align="left">Total managed portfolio</div>
</td>
<td valign="top" width="1%">&#160; </td>
<td valign="top" width="2%" style="TEXT-ALIGN: right">&#160; $</td>
<td align="right" valign="top" width="11%">
<div align="right">&#160;&#160;&#160;&#160;2,291.86</div>
</td>
<td valign="top" width="4%">&#160; </td>
<td valign="top" width="1%" style="TEXT-ALIGN: right">&#160;&#160;&#160;$</td>
<td align="right" valign="top" width="10%">
<div align="right">&#160;&#160;&#160;1,940.55</div>
</td>
<td valign="top" width="4%">&#160; </td>
<td valign="top" width="1%" style="TEXT-ALIGN: right">&#160;$</td>
<td align="right" valign="top" width="11%">
<div align="right">&#160;&#160;&#160;&#160;2,291.86</div>
</td>
<td valign="top" width="4%">&#160; </td>
<td valign="top" width="1%" style="TEXT-ALIGN: right">&#160; $</td>
<td align="right" valign="top" width="10%">
<div align="right">&#160;&#160;&#160;&#160;1,940.55</div>
</td>
<td valign="top" width="5%">&#160; </td>
</tr><tr>
<td align="left" valign="top" width="35%">
<div align="left">Average managed portfolio</div>
</td>
<td valign="top" width="1%">&#160; </td>
<td valign="top" width="2%">&#160; </td>
<td align="right" valign="top" width="11%">
<div align="right">&#160;&#160;&#160;&#160;&#160;&#160;2,281.62</div>
</td>
<td valign="top" width="4%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td align="right" valign="top" width="10%">
<div align="right">&#160;&#160;&#160;&#160;&#160;&#160;1,903.23</div>
</td>
<td valign="top" width="4%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td align="right" valign="top" width="11%">
<div align="right">&#160;&#160;&#160;&#160;&#160;&#160;2,198.93</div>
</td>
<td valign="top" width="4%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td align="right" valign="top" width="10%">
<div align="right">&#160;&#160;&#160;&#160;&#160;&#160;1,797.23</div>
</td>
<td valign="top" width="5%">&#160; </td>
</tr><tr>
<td valign="top" width="35%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td valign="top" width="2%">&#160; </td>
<td valign="top" width="11%">&#160; </td>
<td valign="top" width="4%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td valign="top" width="10%">&#160; </td>
<td valign="top" width="4%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td valign="top" width="11%">&#160; </td>
<td valign="top" width="4%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td valign="top" width="10%">&#160; </td>
<td valign="top" width="5%">&#160; </td>
</tr><tr>
<td align="left" colspan="3" valign="top" width="38%">
<div align="left">Allowance for finance credit losses as % of fin. receivables</div>
</td>
<td align="right" valign="top" width="11%">
<div align="right">4.29%</div>
</td>
<td valign="top" width="4%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td align="right" valign="top" width="10%">
<div align="right">4.14%</div>
</td>
<td valign="top" width="4%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td valign="top" width="11%">&#160; </td>
<td valign="top" width="4%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td valign="top" width="10%">&#160; </td>
<td valign="top" width="5%">&#160; </td>
</tr><tr>
<td valign="top" width="35%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td valign="top" width="2%">&#160; </td>
<td valign="top" width="11%">&#160; </td>
<td valign="top" width="4%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td valign="top" width="10%">&#160; </td>
<td valign="top" width="4%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td valign="top" width="11%">&#160; </td>
<td valign="top" width="4%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td valign="top" width="10%">&#160; </td>
<td valign="top" width="5%">&#160; </td>
</tr><tr>
<td align="left" colspan="3" valign="top" width="38%">
<div align="left">Aggregate allowance as % of fin. receivables (1)</div>
</td>
<td align="right" valign="top" width="11%">
<div align="right">5.28%</div>
</td>
<td valign="top" width="4%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td align="right" valign="top" width="10%">
<div align="right">5.07%</div>
</td>
<td valign="top" width="4%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td valign="top" width="11%">&#160; </td>
<td valign="top" width="4%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td valign="top" width="10%">&#160; </td>
<td valign="top" width="5%">&#160; </td>
</tr><tr>
<td valign="top" width="35%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td valign="top" width="2%">&#160; </td>
<td valign="top" width="11%">&#160; </td>
<td valign="top" width="4%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td valign="top" width="10%">&#160; </td>
<td valign="top" width="4%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td valign="top" width="11%">&#160; </td>
<td valign="top" width="4%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td valign="top" width="10%">&#160; </td>
<td valign="top" width="5%">&#160; </td>
</tr><tr>
<td align="left" valign="top" width="35%">
<div align="left">Delinquencies</div>
</td>
<td valign="top" width="1%">&#160; </td>
<td valign="top" width="2%">&#160; </td>
<td valign="top" width="11%">&#160; </td>
<td valign="top" width="4%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td valign="top" width="10%">&#160; </td>
<td valign="top" width="4%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td valign="top" width="11%">&#160; </td>
<td valign="top" width="4%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td valign="top" width="10%">&#160; </td>
<td valign="top" width="5%">&#160; </td>
</tr><tr>
<td align="right" valign="top" width="35%">
<div align="right">31+ Days</div>
</td>
<td valign="top" width="1%">&#160; </td>
<td valign="top" width="2%">&#160; </td>
<td align="right" valign="top" width="11%">
<div align="right">8.98%</div>
</td>
<td valign="top" width="4%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td align="right" valign="top" width="10%">
<div align="right">7.31%</div>
</td>
<td valign="top" width="4%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td valign="top" width="11%">&#160; </td>
<td valign="top" width="4%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td valign="top" width="10%">&#160; </td>
<td valign="top" width="5%">&#160; </td>
</tr><tr>
<td align="right" valign="top" width="35%" style="PADDING-BOTTOM: 2px">
<div align="right">Repossession Inventory</div>
</td>
<td valign="top" width="1%" style="PADDING-BOTTOM: 2px">&#160; </td>
<td valign="top" width="2%" style="BORDER-BOTTOM: black 2px solid">&#160; </td>
<td align="right" valign="top" width="11%" style="BORDER-BOTTOM: black 2px solid">
<div align="right">1.48%</div>
</td>
<td valign="top" width="4%" style="PADDING-BOTTOM: 2px">&#160; </td>
<td valign="top" width="1%" style="BORDER-BOTTOM: black 2px solid">&#160; </td>
<td align="right" valign="top" width="10%" style="BORDER-BOTTOM: black 2px solid">
<div align="right">1.51%</div>
</td>
<td valign="top" width="4%" style="PADDING-BOTTOM: 2px">&#160; </td>
<td valign="top" width="1%" style="PADDING-BOTTOM: 2px">&#160; </td>
<td valign="top" width="11%" style="PADDING-BOTTOM: 2px">&#160; </td>
<td valign="top" width="4%" style="PADDING-BOTTOM: 2px">&#160; </td>
<td valign="top" width="1%" style="PADDING-BOTTOM: 2px">&#160; </td>
<td valign="top" width="10%" style="PADDING-BOTTOM: 2px">&#160; </td>
<td valign="top" width="5%" style="PADDING-BOTTOM: 2px">&#160; </td>
</tr><tr>
<td align="right" valign="top" width="35%">
<div align="right">Total Delinquencies and Repo. Inventory</div>
</td>
<td valign="top" width="1%">&#160; </td>
<td valign="top" width="2%">&#160; </td>
<td align="right" valign="top" width="11%">
<div align="right">10.46%</div>
</td>
<td valign="top" width="4%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td align="right" valign="top" width="10%">
<div align="right">8.81%</div>
</td>
<td valign="top" width="4%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td valign="top" width="11%">&#160; </td>
<td valign="top" width="4%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td valign="top" width="10%">&#160; </td>
<td valign="top" width="5%">&#160; </td>
</tr><tr>
<td valign="top" width="35%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td valign="top" width="2%">&#160; </td>
<td valign="top" width="11%">&#160; </td>
<td valign="top" width="4%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td valign="top" width="10%">&#160; </td>
<td valign="top" width="4%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td valign="top" width="11%">&#160; </td>
<td valign="top" width="4%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td valign="top" width="10%">&#160; </td>
<td valign="top" width="5%">&#160; </td>
</tr><tr>
<td align="left" colspan="3" valign="top" width="38%">
<div align="left">Annualized net charge-offs as % of average owned portfolio</div>
</td>
<td align="right" valign="top" width="11%">
<div align="right">6.69%</div>
</td>
<td valign="top" width="4%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td align="right" valign="top" width="10%">
<div align="right">6.27%</div>
</td>
<td valign="top" width="4%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td align="right" valign="top" width="11%">
<div align="right">7.05%</div>
</td>
<td valign="top" width="4%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td align="right" valign="top" width="10%">
<div align="right">6.50%</div>
</td>
<td valign="top" width="5%">&#160; </td>
</tr><tr>
<td valign="top" width="35%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td valign="top" width="2%">&#160; </td>
<td valign="top" width="11%">&#160; </td>
<td valign="top" width="4%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td valign="top" width="10%">&#160; </td>
<td valign="top" width="4%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td valign="top" width="11%">&#160; </td>
<td valign="top" width="4%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td valign="top" width="10%">&#160; </td>
<td valign="top" width="5%">&#160; </td>
</tr><tr>
<td align="left" valign="top" width="35%">
<div align="left">Recovery rates (2)</div>
</td>
<td valign="top" width="1%">&#160; </td>
<td valign="top" width="2%">&#160; </td>
<td align="right" valign="top" width="11%">
<div align="right">36.1%</div>
</td>
<td valign="top" width="4%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td align="right" valign="top" width="10%">
<div align="right">40.0%</div>
</td>
<td valign="top" width="4%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td align="right" valign="top" width="11%">
<div align="right">38.4%</div>
</td>
<td valign="top" width="4%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td align="right" valign="top" width="10%">
<div align="right">42.7%</div>
</td>
<td valign="top" width="5%">&#160; </td>
</tr><tr>
<td valign="top" width="35%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td valign="top" width="2%">&#160; </td>
<td valign="top" width="11%">&#160; </td>
<td valign="top" width="4%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td valign="top" width="10%">&#160; </td>
<td valign="top" width="4%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td valign="top" width="11%">&#160; </td>
<td valign="top" width="4%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td valign="top" width="10%">&#160; </td>
<td valign="top" width="5%">&#160; </td>
</tr><tr>
<td valign="top" width="35%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td valign="top" width="2%">&#160; </td>
<td colspan="5" valign="top" width="11%">
<div align="center">&#160;For the</div>
</td>
<td valign="top" width="1%">&#160; </td>
<td colspan="5" valign="top" width="11%">
<div align="center">&#160;For the</div>
</td>
</tr><tr>
<td valign="top" width="35%">&#160;</td>
<td valign="top" width="1%">&#160;</td>
<td valign="top" width="2%">&#160;</td>
<td colspan="5" valign="top" width="11%" style="TEXT-ALIGN: center">&#160;Three months ended</td>
<td valign="top" width="1%">&#160;</td>
<td colspan="5" valign="top" width="11%" style="TEXT-ALIGN: center">&#160;Nine months ended</td>
</tr><tr>
<td valign="top" width="35%" style="PADDING-BOTTOM: 2px">&#160;</td>
<td valign="top" width="1%" style="PADDING-BOTTOM: 2px">&#160;</td>
<td valign="top" width="2%" style="BORDER-BOTTOM: black 2px solid">&#160;</td>
<td colspan="5" valign="top" width="11%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: center">&#160;September 30,</td>
<td valign="top" width="1%" style="PADDING-BOTTOM: 2px">&#160;</td>
<td colspan="5" valign="top" width="11%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: center">&#160;September 30,</td>
</tr><tr>
<td valign="top" width="35%" style="PADDING-BOTTOM: 2px">&#160; </td>
<td valign="top" width="1%" style="PADDING-BOTTOM: 2px">&#160; </td>
<td valign="top" width="2%" style="PADDING-BOTTOM: 2px">&#160; </td>
<td valign="top" width="11%">
<div align="center"><font style="TEXT-DECORATION: underline">2016</font></div>
</td>
<td valign="top" width="4%" style="PADDING-BOTTOM: 2px">&#160; </td>
<td valign="top" width="1%" style="PADDING-BOTTOM: 2px">&#160; </td>
<td valign="top" width="10%" style="PADDING-BOTTOM: 2px">
<div align="center"><font style="TEXT-DECORATION: underline">2015</font></div>
</td>
<td valign="top" width="4%" style="PADDING-BOTTOM: 2px">&#160; </td>
<td valign="top" width="1%" style="PADDING-BOTTOM: 2px">&#160; </td>
<td valign="top" width="11%" style="PADDING-BOTTOM: 2px">
<div align="center"><font style="TEXT-DECORATION: underline">2016</font></div>
</td>
<td valign="top" width="4%" style="PADDING-BOTTOM: 2px">&#160; </td>
<td valign="top" width="1%" style="PADDING-BOTTOM: 2px">&#160; </td>
<td valign="top" width="10%" style="PADDING-BOTTOM: 2px">
<div align="center"><font style="TEXT-DECORATION: underline">2015</font></div>
</td>
<td valign="top" width="5%" style="PADDING-BOTTOM: 2px">&#160; </td>
</tr><tr>
<td valign="top" width="35%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td valign="top" width="2%">&#160; </td>
<td valign="top" width="11%">
<div align="center"><font style="TEXT-DECORATION: underline">$ (3)</font></div>
</td>
<td colspan="2" valign="top" width="5%">
<div align="center"><font style="TEXT-DECORATION: underline">% (4)</font></div>
</td>
<td valign="top" width="10%">
<div align="center"><font style="TEXT-DECORATION: underline">$ (3)</font></div>
</td>
<td colspan="2" valign="top" width="5%">
<div align="center"><font style="TEXT-DECORATION: underline">% (4)</font></div>
</td>
<td valign="top" width="11%">
<div align="center"><font style="TEXT-DECORATION: underline">$ (3)</font></div>
</td>
<td colspan="2" valign="top" width="5%">
<div align="center"><font style="TEXT-DECORATION: underline">% (4)</font></div>
</td>
<td valign="top" width="10%">
<div align="center"><font style="TEXT-DECORATION: underline">$ (3)</font></div>
</td>
<td valign="top" width="5%">
<div align="center"><font style="TEXT-DECORATION: underline">% (4)</font></div>
</td>
</tr><tr>
<td align="left" valign="top" width="35%">
<div align="left">Interest income</div>
</td>
<td valign="top" width="1%">&#160; </td>
<td valign="top" width="2%">&#160; </td>
<td align="right" valign="top" width="11%">
<div align="right">&#160;$&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;105.38</div>
</td>
<td align="right" valign="top" width="4%">
<div align="right">18.5%</div>
</td>
<td valign="top" width="1%">&#160; </td>
<td align="right" valign="top" width="10%">
<div align="right">&#160;$&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;90.58</div>
</td>
<td align="right" valign="top" width="4%">
<div align="right">19.0%</div>
</td>
<td valign="top" width="1%">&#160; </td>
<td align="right" valign="top" width="11%">
<div align="right">&#160;$&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;303.75</div>
</td>
<td align="right" valign="top" width="4%">
<div align="right">18.4%</div>
</td>
<td valign="top" width="1%">&#160; </td>
<td align="right" valign="top" width="10%">
<div align="right">&#160;$&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;257.84</div>
</td>
<td align="right" valign="top" width="5%">
<div align="right">19.1%</div>
</td>
</tr><tr>
<td align="left" valign="top" width="35%">
<div align="left">Servicing fees and other income</div>
</td>
<td valign="top" width="1%">&#160; </td>
<td valign="top" width="2%">&#160; </td>
<td align="right" valign="top" width="11%">
<div align="right">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;3.14</div>
</td>
<td align="right" valign="top" width="4%">
<div align="right">0.6%</div>
</td>
<td valign="top" width="1%">&#160; </td>
<td align="right" valign="top" width="10%">
<div align="right">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;3.41</div>
</td>
<td align="right" valign="top" width="4%">
<div align="right">0.7%</div>
</td>
<td valign="top" width="1%">&#160; </td>
<td align="right" valign="top" width="11%">
<div align="right">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;10.35</div>
</td>
<td align="right" valign="top" width="4%">
<div align="right">0.6%</div>
</td>
<td valign="top" width="1%">&#160; </td>
<td align="right" valign="top" width="10%">
<div align="right">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;10.50</div>
</td>
<td align="right" valign="top" width="5%">
<div align="right">0.8%</div>
</td>
</tr><tr>
<td align="left" valign="top" width="35%" style="PADDING-BOTTOM: 2px">
<div align="left">Interest expense</div>
</td>
<td valign="top" width="1%" style="PADDING-BOTTOM: 2px">&#160; </td>
<td valign="top" width="2%" style="BORDER-BOTTOM: black 2px solid">&#160; </td>
<td align="right" valign="top" width="11%" style="BORDER-BOTTOM: black 2px solid">
<div align="right">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;(20.89)</div>
</td>
<td align="right" valign="top" width="4%" style="BORDER-BOTTOM: black 2px solid">
<div align="right">-3.7%</div>
</td>
<td valign="top" width="1%" style="PADDING-BOTTOM: 2px">&#160; </td>
<td align="right" valign="top" width="10%" style="BORDER-BOTTOM: black 2px solid">
<div align="right">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;(14.85)</div>
</td>
<td align="right" valign="top" width="4%" style="BORDER-BOTTOM: black 2px solid">
<div align="right">-3.1%</div>
</td>
<td valign="top" width="1%" style="PADDING-BOTTOM: 2px">&#160; </td>
<td align="right" valign="top" width="11%" style="BORDER-BOTTOM: black 2px solid">
<div align="right">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;(58.44)</div>
</td>
<td align="right" valign="top" width="4%" style="BORDER-BOTTOM: black 2px solid">
<div align="right">-3.5%</div>
</td>
<td valign="top" width="1%" style="PADDING-BOTTOM: 2px">&#160; </td>
<td align="right" valign="top" width="10%" style="BORDER-BOTTOM: black 2px solid">
<div align="right">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;(41.71)</div>
</td>
<td align="right" valign="top" width="5%" style="BORDER-BOTTOM: black 2px solid">
<div align="right">-3.1%</div>
</td>
</tr><tr>
<td align="left" valign="top" width="35%">
<div align="left">Net interest margin</div>
</td>
<td valign="top" width="1%">&#160; </td>
<td valign="top" width="2%">&#160; </td>
<td align="right" valign="top" width="11%">
<div align="right">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;87.62</div>
</td>
<td align="right" valign="top" width="4%">
<div align="right">15.4%</div>
</td>
<td valign="top" width="1%">&#160; </td>
<td align="right" valign="top" width="10%">
<div align="right">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;79.14</div>
</td>
<td align="right" valign="top" width="4%">
<div align="right">16.6%</div>
</td>
<td valign="top" width="1%">&#160; </td>
<td align="right" valign="top" width="11%">
<div align="right">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;255.66</div>
</td>
<td align="right" valign="top" width="4%">
<div align="right">15.5%</div>
</td>
<td valign="top" width="1%">&#160; </td>
<td align="right" valign="top" width="10%">
<div align="right">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;226.63</div>
</td>
<td align="right" valign="top" width="5%">
<div align="right">16.8%</div>
</td>
</tr><tr>
<td align="left" valign="top" width="35%" style="PADDING-BOTTOM: 2px">
<div align="left">Provision for credit losses</div>
</td>
<td valign="top" width="1%" style="PADDING-BOTTOM: 2px">&#160; </td>
<td valign="top" width="2%" style="BORDER-BOTTOM: black 2px solid">&#160; </td>
<td align="right" valign="top" width="11%" style="BORDER-BOTTOM: black 2px solid">
<div align="right">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;(46.26)</div>
</td>
<td align="right" valign="top" width="4%" style="BORDER-BOTTOM: black 2px solid">
<div align="right">-8.1%</div>
</td>
<td valign="top" width="1%" style="PADDING-BOTTOM: 2px">&#160; </td>
<td align="right" valign="top" width="10%" style="BORDER-BOTTOM: black 2px solid">
<div align="right">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;(37.41)</div>
</td>
<td align="right" valign="top" width="4%" style="BORDER-BOTTOM: black 2px solid">
<div align="right">-7.9%</div>
</td>
<td valign="top" width="1%" style="PADDING-BOTTOM: 2px">&#160; </td>
<td align="right" valign="top" width="11%" style="BORDER-BOTTOM: black 2px solid">
<div align="right">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;(134.88)</div>
</td>
<td align="right" valign="top" width="4%" style="BORDER-BOTTOM: black 2px solid">
<div align="right">-8.2%</div>
</td>
<td valign="top" width="1%" style="PADDING-BOTTOM: 2px">&#160; </td>
<td align="right" valign="top" width="10%" style="BORDER-BOTTOM: black 2px solid">
<div align="right">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;(106.53)</div>
</td>
<td align="right" valign="top" width="5%" style="BORDER-BOTTOM: black 2px solid">
<div align="right">-7.9%</div>
</td>
</tr><tr>
<td align="left" valign="top" width="35%">
<div align="left">Risk adjusted margin</div>
</td>
<td valign="top" width="1%">&#160; </td>
<td valign="top" width="2%">&#160; </td>
<td align="right" valign="top" width="11%">
<div align="right">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;41.36</div>
</td>
<td align="right" valign="top" width="4%">
<div align="right">7.3%</div>
</td>
<td valign="top" width="1%">&#160; </td>
<td align="right" valign="top" width="10%">
<div align="right">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;41.73</div>
</td>
<td align="right" valign="top" width="4%">
<div align="right">8.8%</div>
</td>
<td valign="top" width="1%">&#160; </td>
<td align="right" valign="top" width="11%">
<div align="right">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;120.78</div>
</td>
<td align="right" valign="top" width="4%">
<div align="right">7.3%</div>
</td>
<td valign="top" width="1%">&#160; </td>
<td align="right" valign="top" width="10%">
<div align="right">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;120.10</div>
</td>
<td align="right" valign="top" width="5%">
<div align="right">8.9%</div>
</td>
</tr><tr>
<td align="left" valign="top" width="35%" style="PADDING-BOTTOM: 2px">
<div align="left">Core operating expenses</div>
</td>
<td valign="top" width="1%" style="PADDING-BOTTOM: 2px">&#160; </td>
<td valign="top" width="2%" style="BORDER-BOTTOM: black 2px solid">&#160; </td>
<td align="right" valign="top" width="11%" style="BORDER-BOTTOM: black 2px solid">
<div align="right">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;(28.91)</div>
</td>
<td align="right" valign="top" width="4%" style="BORDER-BOTTOM: black 2px solid">
<div align="right">-5.1%</div>
</td>
<td valign="top" width="1%" style="PADDING-BOTTOM: 2px">&#160; </td>
<td align="right" valign="top" width="10%" style="BORDER-BOTTOM: black 2px solid">
<div align="right">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;(26.08)</div>
</td>
<td align="right" valign="top" width="4%" style="BORDER-BOTTOM: black 2px solid">
<div align="right">-5.5%</div>
</td>
<td valign="top" width="1%" style="PADDING-BOTTOM: 2px">&#160; </td>
<td align="right" valign="top" width="11%" style="BORDER-BOTTOM: black 2px solid">
<div align="right">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;(83.77)</div>
</td>
<td align="right" valign="top" width="4%" style="BORDER-BOTTOM: black 2px solid">
<div align="right">-5.1%</div>
</td>
<td valign="top" width="1%" style="PADDING-BOTTOM: 2px">&#160; </td>
<td align="right" valign="top" width="10%" style="BORDER-BOTTOM: black 2px solid">
<div align="right">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;(74.50)</div>
</td>
<td align="right" valign="top" width="5%" style="BORDER-BOTTOM: black 2px solid">
<div align="right">-5.5%</div>
</td>
</tr><tr>
<td align="left" valign="top" width="35%">
<div align="left">Pre-tax income</div>
</td>
<td valign="top" width="1%">&#160; </td>
<td valign="top" width="2%">&#160; </td>
<td align="right" valign="top" width="11%">
<div align="right">&#160;$&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;12.46</div>
</td>
<td align="right" valign="top" width="4%">
<div align="right">2.2%</div>
</td>
<td valign="top" width="1%">&#160; </td>
<td align="right" valign="top" width="10%">
<div align="right">&#160;$&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;15.65</div>
</td>
<td align="right" valign="top" width="4%">
<div align="right">3.3%</div>
</td>
<td valign="top" width="1%">&#160; </td>
<td align="right" valign="top" width="11%">
<div align="right">&#160;$&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;37.01</div>
</td>
<td align="right" valign="top" width="4%">
<div align="right">2.2%</div>
</td>
<td valign="top" width="1%">&#160; </td>
<td align="right" valign="top" width="10%">
<div align="right">&#160;$&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;45.60</div>
</td>
<td align="right" valign="top" width="5%">
<div align="right">3.4%</div>
</td>
</tr><tr>
<td valign="top" width="35%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td valign="top" width="2%">&#160; </td>
<td valign="top" width="11%">&#160; </td>
<td valign="top" width="4%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td valign="top" width="10%">&#160; </td>
<td valign="top" width="4%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td valign="top" width="11%">&#160; </td>
<td valign="top" width="4%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td valign="top" width="10%">&#160; </td>
<td valign="top" width="5%">&#160; </td>
</tr><tr>
<td valign="top" width="35%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td valign="top" width="2%">&#160; </td>
<td valign="top" width="11%">&#160; </td>
<td valign="top" width="4%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td valign="top" width="10%">&#160; </td>
<td valign="top" width="4%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td valign="top" width="11%">&#160; </td>
<td valign="top" width="4%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td valign="top" width="10%">&#160; </td>
<td valign="top" width="5%">&#160; </td>
</tr><tr>
<td valign="top" width="35%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td valign="top" width="2%">&#160; </td>
<td valign="top" width="11%">&#160; </td>
<td valign="top" width="4%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td valign="top" width="10%">&#160; </td>
<td valign="top" width="4%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td valign="top" width="11%">&#160; </td>
<td valign="top" width="4%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td valign="top" width="10%">&#160; </td>
<td valign="top" width="5%">&#160; </td>
</tr><tr>
<td align="left" colspan="10" valign="top" width="80%">
<div align="left">(1)&#160;&#160;Includes allowance for finance credit losses and allowance for repossession inventory.</div>
</td>
<td valign="top" width="4%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td valign="top" width="10%">&#160; </td>
<td valign="top" width="5%">&#160; </td>
</tr><tr>
<td align="left" colspan="14" valign="top" width="100%">
<div align="left">(2)&#160;&#160;Wholesale auction liquidation amounts (net of expenses) as a percentage of the account balance at the time of sale.</div>
</td>
</tr><tr>
<td align="left" colspan="3" valign="top" width="38%">
<div align="left">(3)&#160;&#160;Numbers may not add due to rounding.</div>
</td>
<td valign="top" width="11%">&#160; </td>
<td valign="top" width="4%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td valign="top" width="10%">&#160; </td>
<td valign="top" width="4%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td valign="top" width="11%">&#160; </td>
<td valign="top" width="4%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td valign="top" width="10%">&#160; </td>
<td valign="top" width="5%">&#160; </td>
</tr><tr>
<td align="left" colspan="13" valign="top" width="95%">
<div align="left">(4)&#160;&#160;Annualized percentage of the average managed portfolio.&#160;&#160;Percentages may not add due to rounding.</div>
</td>
<td valign="top" width="5%">&#160; </td>
</tr><tr>
<td valign="top" width="35%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td valign="top" width="2%">&#160; </td>
<td valign="top" width="11%">&#160; </td>
<td valign="top" width="4%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td valign="top" width="10%">&#160; </td>
<td valign="top" width="4%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td valign="top" width="11%">&#160; </td>
<td valign="top" width="4%">&#160; </td>
<td valign="top" width="1%">&#160; </td>
<td valign="top" width="10%">&#160; </td>
<td valign="top" width="5%">&#160; </td>
</tr></table>
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