Loans Receivable (Tables)

6 Months Ended

Jun. 30, 2012


(In thousands)	As of June 30, 2012
	Dealer Loans			Purchased Loans			Total
Loans receivable	$	1,736,578		$	241,216		$	1,977,794
Allowance for credit losses		(152,031	)		(9,874	)		(161,905	)
Loans receivable, net	$	1,584,547		$	231,342		$	1,815,889

(In thousands)	As of December 31, 2011
	Dealer Loans			Purchased Loans			Total
Loans receivable	$	1,506,539		$	246,352		$	1,752,891
Allowance for credit losses		(141,712	)		(12,606	)		(154,318	)
Loans receivable, net	$	1,364,827		$	233,746		$	1,598,573

Summary Of Changes In Loans Receivable


(In thousands)	For the Three Months Ended June 30, 2012
	Dealer Loans				Purchased Loans				Total
Balance, beginning of period		$	1,652,065			$	245,104			$	1,897,169
New Consumer Loan assignments (1)			300,954				25,965				326,919
Principal collected on Loans receivable			(252,313	)			(34,490	)			(286,803	)
Accelerated Dealer Holdback payments			11,309				–				11,309
Dealer Holdback payments			29,411				–				29,411
Transfers (2)			(5,025	)			5,025				–
Write-offs			(340	)			(408	)			(748	)
Recoveries (3)			550				20				570
Net change in other loans			(33	)			–				(33	)
Balance, end of period		$	1,736,578			$	241,216			$	1,977,794

(In thousands)	For the Three Months Ended June 30, 2011
	Dealer Loans				Purchased Loans				Total
Balance, beginning of period		$	1,233,387			$	254,969			$	1,488,356
New Consumer Loan assignments (1)			273,799				30,769				304,568
Principal collected on Loans receivable			(203,087	)			(37,733	)			(240,820	)
Accelerated Dealer Holdback payments			12,371				–				12,371
Dealer Holdback payments			19,175				–				19,175
Transfers (2)			(2,961	)			2,961				–
Write-offs			(476	)			(61	)			(537	)
Recoveries (3)			533				27				560
Net change in other loans			(768	)			–				(768	)
Balance, end of period		$	1,331,973			$	250,932			$	1,582,905


(In thousands)	For the Six Months Ended June 30, 2012
	Dealer Loans			Purchased Loans			Total
Balance, beginning of period	$	1,506,539		$	246,352		$	1,752,891
New Consumer Loan assignments (1)		675,346			60,754			736,100
Principal collected on Loans receivable		(521,963	)		(75,635	)		(597,598	)
Accelerated Dealer Holdback payments		24,223			-			24,223
Dealer Holdback payments		62,616			-			62,616
Transfers (2)		(10,204	)		10,204			-
Write-offs		(1,003	)		(506	)		(1,509	)
Recoveries (3)		1,092			47			1,139
Net change in other loans		(68	)		-			(68	)
Balance, end of period	$	1,736,578		$	241,216		$	1,977,794

(In thousands)	For the Six Months Ended June 30, 2011
	Dealer Loans			Purchased Loans			Total
Balance, beginning of period	$	1,082,039		$	262,842		$	1,344,881
New Consumer Loan assignments (1)		610,207			63,495			673,702
Principal collected on Loans receivable		(411,546	)		(82,866	)		(494,412	)
Accelerated Dealer Holdback payments		24,416			-			24,416
Dealer Holdback payments		34,749			-			34,749
Transfers (2)		(7,557	)		7,557			-
Write-offs		(827	)		(139	)		(966	)
Recoveries (3)		1,030			43			1,073
Net change in other loans		(538	)		-			(538	)
Balance, end of period	$	1,331,973		$	250,932		$	1,582,905

(1) The Dealer Loans amount represents advances paid to Dealers on Consumer Loans assigned under our Portfolio Program. The Purchased Loans amount represents one-time payments made to Dealers to purchase Consumer Loans assigned under our Purchase Program.

(2) Under our Portfolio Program, certain events may result in Dealers forfeiting their rights to Dealer Holdback. We transfer the Dealer’s outstanding Dealer Loan balance to Purchased Loans in the period this forfeiture occurs.

(3) Represents collections received on previously written off Loans.

Summary Of Changes In Accretable Yield


(In thousands)	For the Three Months Ended June 30, 2012
	Dealer Loans				Purchased Loans				Total
Balance, beginning of period		$	561,104			$	120,358			$	681,462
New Consumer Loan assignments (1)			130,795				11,325				142,120
Finance charge income			(113,799	)			(20,203	)			(134,002	)
Forecast changes			5,938				4,471				10,409
Transfers (2)			(2,345	)			3,542				1,197
Balance, end of period		$	581,693			$	119,493			$	701,186

(In thousands)	For the Three Months Ended June 30, 2011
	Dealer Loans				Purchased Loans				Total
Balance, beginning of period		$	423,137			$	124,235			$	547,372
New Consumer Loan assignments (1)			121,741				14,785				136,526
Finance charge income			(92,155	)			(21,675	)			(113,830	)
Forecast changes			11,340				3,542				14,882
Transfers (2)			(1,585	)			2,674				1,089
Balance, end of period		$	462,478			$	123,561			$	586,039


(In thousands)	For the Six Months Ended June 30, 2012
	Dealer Loans				Purchased Loans				Total
Balance, beginning of period		$	508,046			$	120,082			$	628,128
New Consumer Loan assignments (1)			288,431				27,437				315,868
Finance charge income			(219,451	)			(40,617	)			(260,068	)
Forecast changes			9,442				5,141				14,583
Transfers (2)			(4,775	)			7,450				2,675
Balance, end of period		$	581,693			$	119,493			$	701,186

(In thousands)	For the Six Months Ended June 30, 2011
	Dealer Loans				Purchased Loans				Total
Balance, beginning of period		$	351,569			$	124,520			$	476,089
New Consumer Loan assignments (1)			273,101				32,502				305,603
Finance charge income			(176,723	)			(43,610	)			(220,333	)
Forecast changes			18,229				3,868				22,097
Transfers (2)			(3,698	)			6,281				2,583
Balance, end of period		$	462,478			$	123,561			$	586,039

(1) The Dealer Loans amount represents the net cash flows expected at the time of assignment on Consumer Loans assigned under our Portfolio Program, less the related advances paid to Dealers. The Purchased Loans amount represents the net cash flows expected at the time of assignment on Consumer Loans assigned under our Purchase Program, less the related one-time payments made to Dealers.

(2) Under our Portfolio Program, certain events may result in Dealers forfeiting their rights to Dealer Holdback. We transfer the Dealer’s outstanding Dealer Loan balance and related expected future net cash flows to Purchased Loans in the period this forfeiture occurs.

Summary Of Information Related To New Consumer Loan Assignments

(In thousands)	For the Three Months Ended June 30, 2012
	Dealer Loans			Purchased Loans			Total
Contractual net cash flows at the time of assignment (1)		$	465,139		$	51,713		$	516,852
Expected net cash flows at the time of assignment (2)			431,749			37,290			469,039
Fair value at the time of assignment (3)			300,954			25,965			326,919

(In thousands)	For the Three Months Ended June 30, 2011
	Dealer Loans			Purchased Loans			Total
Contractual net cash flows at the time of assignment (1)		$	424,471		$	61,945		$	486,416
Expected net cash flows at the time of assignment (2)			395,540			45,554			441,094
Fair value at the time of assignment (3)			273,799			30,769			304,568


(In thousands)	For the Six Months Ended June 30, 2012
	Dealer Loans			Purchased Loans			Total
Contractual net cash flows at the time of assignment (1)		$	1,041,121		$	122,898		$	1,164,019
Expected net cash flows at the time of assignment (2)			963,777			88,191			1,051,968
Fair value at the time of assignment (3)			675,346			60,754			736,100

(In thousands)	For the Six Months Ended June 30, 2011
	Dealer Loans			Purchased Loans			Total
Contractual net cash flows at the time of assignment (1)		$	947,451		$	130,432		$	1,077,883
Expected net cash flows at the time of assignment (2)			883,308			95,997			979,305
Fair value at the time of assignment (3)			610,207			63,495			673,702

(1) The Dealer Loans amount represents the repayments that we were contractually owed at the time of assignment on Consumer Loans assigned under our Portfolio Program, less the related Dealer Holdback payments that we would be required to make if we collected all of the contractual repayments. The Purchased Loans amount represents the repayments that we were contractually owed at the time of assignment on Consumer Loans assigned under our Purchase Program.

(2) The Dealer Loans amount represents the repayments that we expected to collect at the time of assignment on Consumer Loans assigned under our Portfolio Program, less the related Dealer Holdback payments that we expected to make. The Purchased Loans amount represents the repayments that we expected to collect at the time of assignment on Consumer Loans assigned under our Purchase Program.

(3) The Dealer Loans amount represents advances paid to Dealers on Consumer Loans assigned under our Portfolio Program. The Purchased Loans amount represents one-time payments made to Dealers to purchase Consumer Loans assigned under our Purchase Program.

Schedule Of Consumer Loans Forecasted Collection Percentage [Text Block]


	Forecasted Collection Percentage as of (1)												Variance in Forecasted Collection Percentage from
Consumer Loan Assignment Year	June 30, 2012			March 31, 2012			December 31, 2011			Initial Forecast			March 31, 2012			December 31, 2011			Initial Forecast
2003		73.8	%		73.7	%		73.7	%		72.0	%		0.1	%		0.1	%		1.8	%
2004		73.0	%		73.0	%		73.0	%		73.0	%		0.0	%		0.0	%		0.0	%
2005		73.6	%		73.6	%		73.6	%		74.0	%		0.0	%		0.0	%		-0.4	%
2006		70.0	%		70.0	%		70.0	%		71.4	%		0.0	%		0.0	%		-1.4	%
2007		68.1	%		68.1	%		68.1	%		70.7	%		0.0	%		0.0	%		-2.6	%
2008		70.3	%		70.1	%		70.0	%		69.7	%		0.2	%		0.3	%		0.6	%
2009		79.6	%		79.5	%		79.4	%		71.9	%		0.1	%		0.2	%		7.7	%
2010		77.1	%		76.9	%		76.8	%		73.6	%		0.2	%		0.3	%		3.5	%
2011		73.6	%		73.0	%		73.2	%		72.5	%		0.6	%		0.4	%		1.1	%
2012 (2)		71.9	%		70.5	%		-			71.2	%		1.4	%		-			0.7	%

(1) Represents the total forecasted collections we expect to collect on the Consumer Loans as a percentage of the repayments that we were contractually owed on the Consumer Loans at the time of assignment. Contractual repayments include both principal and interest.

(2) The forecasted collection rate for 2012 Consumer Loans as of June 30, 2012 includes both Consumer Loans that were in our portfolio as of March 31, 2012 and Consumer Loans assigned during the most recent quarter. The following table provides forecasted collection rates for each of these segments:


	Forecasted Collection Percentage as of
2012 Consumer Loan Assignment Period	June 30, 2012			March 31, 2012			Variance
January 1, 2012 through March 31, 2012		72.2	%		70.5	%		1.7	%
April 1, 2012 through June 30, 2012		71.4	%		-			-

Schedule Of Consumer Loans Performance


(In thousands)	As of June 30, 2012
	Loan Pool Performance Meets or Exceeds Initial Estimates						Loan Pool Performance Less than Initial Estimates
	Dealer Loans		Purchased Loans		Total		Dealer Loans			Purchased Loans			Total
Loans receivable	$	592,319	$	202,846	$	795,165	$	1,144,259		$	38,370		$	1,182,629
Allowance for credit losses		–		–		–		(152,031	)		(9,874	)		(161,905	)
Loans receivable, net	$	592,319	$	202,846	$	795,165	$	992,228		$	28,496		$	1,020,724

(In thousands)	As of December 31, 2011
	Loan Pool Performance Meets or Exceeds Initial Estimates						Loan Pool Performance Less than Initial Estimates
	Dealer Loans		Purchased Loans		Total		Dealer Loans			Purchased Loans			Total
Loans receivable	$	511,926	$	192,502	$	704,428	$	994,613		$	53,850		$	1,048,463
Allowance for credit losses		–		–		–		(141,712	)		(12,606	)		(154,318	)
Loans receivable, net	$	511,926	$	192,502	$	704,428	$	852,901		$	41,244		$	894,145

Summary Of Changes In Allowance For Credit Losses

(In thousands)	For the Three Months Ended June 30, 2012
	Dealer Loans				Purchased Loans				Total
Balance, beginning of period		$	148,225			$	11,148			$	159,373
Provision for credit losses			3,596				(886	)			2,710
Write-offs			(340	)			(408	)			(748	)
Recoveries (1)			550				20				570
Balance, end of period		$	152,031			$	9,874			$	161,905

(In thousands)	For the Three Months Ended June 30, 2011
	Dealer Loans				Purchased Loans				Total
Balance, beginning of period		$	122,801			$	13,067			$	135,868
Provision for credit losses			8,870				58				8,928
Write-offs			(476	)			(61	)			(537	)
Recoveries (1)			533				27				560
Balance, end of period		$	131,728			$	13,091			$	144,819


(In thousands)	For the Six Months Ended June 30, 2012
	Dealer Loans			Purchased Loans			Total
Balance, beginning of period	$	141,712		$	12,606		$	154,318
Provision for credit losses		10,230			(2,273	)		7,957
Write-offs		(1,003	)		(506	)		(1,509	)
Recoveries (1)		1,092			47			1,139
Balance, end of period	$	152,031		$	9,874		$	161,905

(In thousands)	For the Six Months Ended June 30, 2011
	Dealer Loans			Purchased Loans			Total
Balance, beginning of period	$	113,227		$	13,641		$	126,868
Provision for credit losses		18,298			(454	)		17,844
Write-offs		(827	)		(139	)		(966	)
Recoveries (1)		1,030			43			1,073
Balance, end of period	$	131,728		$	13,091		$	144,819

(1) Represents collections received on previously written off Loans.