Finance Receivables Finance Receivables (Tables)

12 Months Ended

Dec. 31, 2011

Finance receivables, net [Table Text Block]

Finance receivables consist of the following (in thousands):



	Successor
Consumer	December 31, 2012			December 31, 2011
Pre-acquisition consumer finance receivables - outstanding balance	$	2,161,863		$	4,366,075
Pre-acquisition consumer finance receivables - carrying value	$	1,958,204		$	4,027,361
Post-acquisition consumer finance receivables, net of fees	8,830,914			5,313,899
	10,789,118			9,341,260
Less: allowance for loan losses on post-acquisition consumer finance receivables	(344,740		)	(178,768		)
Total consumer finance receivables, net	10,444,378			9,162,492
Commercial
Commercial finance receivables, net of fees	559,999
Less: allowance for loan losses	(6,103		)
Total commercial finance receivables, net	553,896
Total finance receivables, net	$	10,998,274		$	9,162,492

Finance Receivables Summary [Table Text Block]

Consumer Finance Receivables

A summary of our consumer finance receivables is as follows (in thousands):



	Successor									Predecessor
	Year Ended December 31, 2012			Year Ended December 31, 2011			Period From October 1, 2010 Through December 31, 2010			Period From July 1, 2010 Through September 30, 2010			Year Ended June 30, 2010
Pre-acquisition consumer finance receivables, carrying value, beginning of period	$	4,027,361		$	7,299,963		$	8,230,743		$	8,733,518		$	10,927,969
Post-acquisition consumer finance receivables, net of fees, beginning of period	5,313,899			923,713
	9,341,260			8,223,676
Loans purchased	5,578,839			5,084,800			934,812			959,004			2,137,620
Charge-offs	(304,293		)	(66,080		)				(217,520		)	(1,249,298		)
Principal collections and other	(3,657,008		)	(3,418,088		)	(763,883		)	(799,427		)	(3,082,773		)
Change in carrying value adjustment on the pre-acquisition finance receivables	(169,680		)	(483,048		)	(177,996		)
Balance at end of period	$	10,789,118		$	9,341,260		$	8,223,676		$	8,675,575		$	8,733,518

Accretable Yield [Table Text Block]

A summary of the accretable yield is as follows (in thousands):



	Successor
	Year Ended December 31, 2012			Year Ended December 31, 2011			Period From October 1, 2010 Through December 31, 2010
Balance at beginning of period	$	737,464		$	1,201,178		$	1,436,012
Accretion of accretable yield	(503,092		)	(724,650		)	(234,834		)
Transfer from non-accretable difference	169,634			260,936
Balance at end of period	$	404,006		$	737,464		$	1,201,178

Allowance for Credit Losses on Financing Receivables [Table Text Block]

A summary of the allowance for consumer loan losses is as follows (in thousands):



	Successor								Predecessor
	Year Ended December 31, 2012			Year Ended December 31, 2011			Period From October 1, 2010 Through December 31, 2010		Period From July 1, 2010 Through September 30, 2010			Year Ended June 30, 2010
Balance at beginning of period	$	178,768		$	26,352				$	573,310		$	890,640
Provision for loan losses	297,589			178,372			$	26,352	74,618			388,058
Charge-offs	(304,293		)	(66,080		)			(217,520		)	(1,249,298		)
Recoveries	172,676			40,124					98,081			543,910
Balance at end of period	$	344,740		$	178,768		$	26,352	$	528,489		$	573,310

Financing Receivable Credit Quality Indicators [Table Text Block]

A summary of the credit risk profile by FICO score band of the consumer finance receivables, determined at origination, is as follows (dollars in thousands):



	Successor
	December 31, 2012				December 31, 2011
	Amount		Percent		Amount		Percent
FICO Score less than 540	$	3,010,927	27.4	%	$	2,133,361	22.0	%
FICO Score 540 to 599	5,013,812		45.6		4,166,988		43.1
FICO Score 600 to 659	2,513,153		22.9		2,623,882		27.1
FICO Score 660 and greater	454,885		4.1		755,743		7.8
Balance at end of period^(a)	$	10,992,777	100.0	%	$	9,679,974	100.0	%

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(a) Balance at end of period is the sum of pre-acquisition consumer finance receivables - outstanding balance and post-acquisition consumer finance receivables, net of fees.

Past Due Financing Receivables [Table Text Block]

Delinquency

A consumer account is considered delinquent if a substantial portion of a scheduled payment has not been received by the date such payment was contractually due. The following is a summary of the contractual amounts of consumer finance receivables, which is not materially different than recorded investment, that are (i) more than 30 days delinquent, but not yet in repossession and (ii) in repossession, but not yet charged-off (dollars in thousands):



	Successor
	December 31, 2012				December 31, 2011
	Amount		Percent of Contractual Amount Due		Amount		Percent of Contractual Amount Due
Delinquent contracts:
31 to 60 days	$	672,580	6.1	%	$	517,083	5.3	%
Greater than 60 days	229,879		2.1		181,691		1.9
	902,459		8.2		698,774		7.2
In repossession	30,906		0.3		26,824		0.3
	$	933,365	8.5	%	$	725,598	7.5	%