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Securitization Trust Debt (Tables)
 3 Months Ended
Mar. 31, 2023
Securitization Trust Debt  
Schedule of Long-term Debt Instruments
                            
                      Weighted 
                      Average 
   Final  Receivables       Outstanding   Outstanding   Contractual Debt Interest 
   Scheduled  Pledged at       Principal at   Principal at   Rate at 
   Payment  March 31,   Initial   March 31,   December 31,   March 31, 
Series  Date (1)  2023 (2)   Principal   2023   2022   2023 
   (Dollars in thousands)    
CPS 2018-A  March 2025  $–   $190,000   $–   $12,939    – 
CPS 2018-B  December  2024   –    201,823    –    17,077    – 
CPS 2018-C  September 2025   20,407    230,275    15,873    20,222    6.07% 
CPS 2018-D  June 2025   24,958    233,730    20,639    25,563    5.82% 
CPS 2019-A  March 2026   31,633    254,400    27,107    32,898    5.73% 
CPS 2019-B  June 2026   33,965    228,275    29,262    33,897    5.56% 
CPS 2019-C  September 2026   40,054    243,513    35,650    41,515    4.55% 
CPS 2019-D  December  2026   52,643    274,313    46,672    53,625    3.86% 
CPS 2020-A  March 2027   48,654    260,000    44,845    52,705    4.18% 
CPS 2020-B  June 2027   55,858    202,343    36,595    41,736    6.36% 
CPS 2020-C  November 2027   75,563    252,200    64,089    72,894    3.45% 
CPS 2021-A  March 2028   80,223    230,545    61,051    72,076    1.49% 
CPS 2021-B  June 2028   101,063    240,000    88,714    101,206    2.01% 
CPS 2021-C  September 2028   147,527    291,000    130,671    147,593    1.70% 
CPS 2021-D  December  2028   200,339    349,202    186,363    209,277    2.00% 
CPS 2022-A  April 2029   220,157    316,800    201,403    222,613    2.29% 
CPS 2022-B  October 2029   325,908    395,600    298,734    325,907    4.28% 
CPS 2022-C  April 2030   364,484    391,600    318,725    346,714    5.34% 
CPS 2022-D  August 2030   302,057    307,018    274,951    292,461    7.45% 
CPS 2023-A  November 2030   220,157    324,768    308,120    –    6.13% 
      $2,345,648   $5,417,405   $2,189,463   $2,122,919      

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(1)The Final Scheduled Payment Date represents final legal maturity of the securitization trust debt. Securitization trust debt is expected to become due and to be paid prior to those dates, based on amortization of the finance receivables pledged to the trusts. Expected payments, which will depend on the performance of such receivables, as to which there can be no assurance, are $644.0 million in 2023, $659.5 million in 2024, $398.9 million in 2025, $239.7 million in 2026, $151.8 million in 2027, $76.0 million in 2028, and $5.2 million in 2029.

 

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