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3. Securitization Trust Debt (Tables)

3 Months Ended

Mar. 31, 2018

The debt issued in these transactions is shown on our Unaudited Condensed Consolidated Balance Sheets as “Securitization trust debt,” and the components of such debt are summarized in the following table:

										Weighted
										Average
	Final	Receivables				Outstanding		Outstanding		Contractual
	Scheduled	Pledged at				Principal at		Principal at		Interest Rate at
	Payment	March 31,		Initial		March 31,		December 31,		March 31,
Series	Date (1)	2018 (2)		Principal		2018		2017		2018
	(Dollars in thousands)
CPS 2013-B	September 2020	$	17,882	$	205,000	$	15,089	$	18,407		2.08%
CPS 2013-C	December 2020		22,318		205,000		21,936		25,559		6.15%
CPS 2013-D	March 2021		22,804		183,000		21,146		24,917		5.31%
CPS 2014-A	June 2021		28,297		180,000		26,161		30,521		4.50%
CPS 2014-B	September 2021		40,715		202,500		38,976		44,516		3.86%
CPS 2014-C	December 2021		64,831		273,000		63,405		71,174		4.02%
CPS 2014-D	March 2022		71,801		267,500		70,473		79,099		4.32%
CPS 2015-A	June 2022		79,551		245,000		78,174		87,194		3.93%
CPS 2015-B	September 2022		93,331		250,000		92,899		102,873		3.84%
CPS 2015-C	December 2022		129,017		300,000		127,836		141,362		4.32%
CPS 2016-A	March 2023		165,582		329,460		164,649		180,761		4.66%
CPS 2016-B	June 2023		188,408		332,690		184,355		201,199		4.72%
CPS 2016-C	September 2023		190,875		318,500		186,387		203,504		4.28%
CPS 2016-D	April 2024		140,642		206,325		138,114		149,671		3.28%
CPS 2017-A	April 2024		152,891		206,320		149,832		161,892		3.44%
CPS 2017-B	December 2023		183,726		225,170		172,409		186,594		2.99%
CPS 2017-C	September 2024		189,969		224,825		181,471		197,155		2.92%
CPS 2017-D	June 2024		183,453		196,300		175,130		189,277		2.81%
CPS 2018-A	March 2025		187,493		190,000		183,672		–		2.91%
		$	2,153,586	$	4,540,590	$	2,092,115	$	2,095,675

(1)

The Final Scheduled Payment Date represents final legal maturity of the securitization trust debt. Securitization trust debt is expected to become due and to be paid prior to those dates, based on amortization of the finance receivables pledged to the trusts. Expected payments, which will depend on the performance of such receivables, as to which there can be no assurance, are $695.4 million in 2018, $682.8 million in 2019, $412.6 million in 2020, $211.2 million in 2021, $66.3 million in 2021, $11.7 million in 2022.

(2)

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