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v3.22.2.2

Member Cash Advances, Net | 6 Months Ended
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Jun. 30, 2022
Receivables [Abstract] |
Member Cash Advances, Net | Note 7 Member Cash Advances, Net Below is detail regarding Member cash advances, net as of June 30, 2022 (in thousands):
Days From Origination |  | Gross Member Advances |  |  | Allowance for Unrecoverable Advances |  |  | Member Advances, Net |
1-10 |  | $ | 59,767 |  |  | $ | (1,746 | ) |  | $ | 58,021 |
11-30 |  |  | 17,749 |  |  |  | (4,750 | ) |  |  | 12,999 |
31-60 |  |  | 7,431 |  |  |  | (4,573 | ) |  |  | 2,858 |
61-90 |  |  | 5,859 |  |  |  | (4,432 | ) |  |  | 1,427 |
91-120 |  |  | 4,430 |  |  |  | (3,649 | ) |  |  | 781 |
Total |  | $ | 95,236 |  |  | $ | (19,150 | ) |  | $ | 76,086 |
Below is detail regarding Member cash advances, net as of December 31, 2021 (in thousands):
Days From Origination |  | Gross Member Advances |  |  | Allowance for Unrecoverable Advances |  |  | Member Advances, Net |
1-10 |  | $ | 39,910 |  |  | $ | (1,313 | ) |  | $ | 38,597 |
11-30 |  |  | 8,111 |  |  |  | (2,084 | ) |  |  | 6,027 |
31-60 |  |  | 4,781 |  |  |  | (2,652 | ) |  |  | 2,129 |
61-90 |  |  | 3,986 |  |  |  | (2,735 | ) |  |  | 1,251 |
91-120 |  |  | 4,220 |  |  |  | (3,211 | ) |  |  | 1,009 |
Total |  | $ | 61,008 |  |  | $ | (11,995 | ) |  | $ | 49,013 |
Member advances, net, represent outstanding advances, tips, and processing fees, net of direct origination costs, less an allowance for unrecoverable advances. The roll-forward of the allowance for unrecoverable advances is as follows (dollars in thousands):
Opening allowance balance at January 1, 2022 |  | $ | 11,995 |
Plus: provision for unrecoverable advances |  |  | 27,642 |
Less: amounts written-off |  |  | (20,487 | )
Ending allowance balance at June 30, 2022 |  | $ | 19,150 |
Opening allowance balance at January 1, 2021 |  | $ | 12,580 |
Plus: provision for unrecoverable advances |  |  | 10,933 |
Less: amounts written-off |  |  | (13,964 | )
Ending allowance balance at June 30, 2021 |  | $ | 9,549 |

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- Definition The entire disclosure for financing receivable. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -URI https://asc.fasb.org/subtopic&trid=2196772 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 20 -URI https://asc.fasb.org/subtopic&trid=2196816 + Details
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- References No definition available. + Details
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