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Related Party Transactions
 12 Months Ended
Dec. 31, 2014
Related Party Transactions [Abstract]  
Related Party Transactions
 RELATED PARTY TRANSACTIONS

In the normal course of our business, affiliated Dealers assign Consumer Loans to us under the Portfolio and Purchase Programs.  Dealer Loans and Purchased Loans with affiliated Dealers are on the same terms as those with non-affiliated Dealers.  Affiliated Dealers are comprised of Dealers owned or controlled by: (1) our Chairman and significant shareholder; and (2) a member of the Chairman’s immediate family.

Affiliated Dealer Loan balances were $8.7 million and $7.5 million as of December 31, 2014 and 2013, respectively.  As of December 31, 2014 and 2013, affiliated Dealer Loan balances were 0.4% and 0.3% of total consolidated Dealer Loan balances, respectively.  A summary of related party Loan activity is as follows:

(Dollars in millions)
For the Years Ended December 31,
 
2014
 
2013
 
2012
 
Affiliated
Dealer
activity
 
% of
consolidated
 
Affiliated
Dealer
activity
 
% of
consolidated
 
Affiliated
Dealer
activity
 
% of
consolidated
Dealer Loan revenue
$
1.6

 
0.3
%
 
$
1.5

 
0.3
%
 
$
1.2

 
0.3
%
New Consumer Loan assignments (1)
4.2

 
0.3
%
 
4.3

 
0.3
%
 
3.6

 
0.3
%
Accelerated Dealer Holdback payments
0.1

 
0.2
%
 
0.1

 
0.2
%
 
0.1

 
0.2
%
Dealer Holdback payments
1.4

 
1.0
%
 
2.2

 
1.9
%
 
3.2

 
2.8
%

(1)
Represents advances paid to Dealers on Consumer Loans assigned under our Portfolio Program and one-time payments made to Dealers to purchase Consumer Loans assigned under our Purchase Program.