Loans Receivable

3 Months Ended

9 Months Ended

Sep. 30, 2022

Sep. 30, 2022

Receivables [Abstract]

Schedule of Loans Receivable

Loans receivable and allowance for credit losses consist of the following:

(In millions)	As of September 30, 2022
	Dealer Loans		Purchased Loans		Total
Loans receivable	$	5,978.2	$	3,208.2	$	9,186.4
Allowance for credit losses	(1,932.7)		(942.1)		(2,874.8)
Loans receivable, net	$	4,045.5	$	2,266.1	$	6,311.6
(In millions)	As of December 31, 2021
	Dealer Loans		Purchased Loans		Total
Loans receivable	$	5,655.1	$	3,694.7	$	9,349.8
Allowance for credit losses	(1,767.8)		(1,245.7)		(3,013.5)
Loans receivable, net	$	3,887.3	$	2,449.0	$	6,336.3

Summary of Changes in Loans Receivable

A summary of changes in Loans receivable and allowance for credit losses is as follows:

	For the Three Months Ended September 30, 2022
(In millions)	Loans Receivable						Allowance for Credit Losses						Loans Receivable, Net
	Dealer Loans		Purchased Loans		Total		Dealer Loans		Purchased Loans		Total		Dealer Loans		Purchased Loans		Total
Balance, beginning of period	$	5,832.9	$	3,357.7	$	9,190.6	$	(1,844.8)	$	(1,022.1)	$	(2,866.9)	$	3,988.1	$	2,335.6	$	6,323.7
Finance charges	351.6		244.5		596.1		(112.3)		(63.2)		(175.5)		239.3		181.3		420.6
Provision for credit losses	—		—		—		(95.2)		(85.1)		(180.3)		(95.2)		(85.1)		(180.3)
New Consumer Loan assignments (1)	651.9		273.0		924.9		—		—		—		651.9		273.0		924.9
Collections (2)	(789.2)		(448.9)		(1,238.1)		—		—		—		(789.2)		(448.9)		(1,238.1)
Accelerated Dealer Holdback payments	10.3		—		10.3		—		—		—		10.3		—		10.3
Dealer Holdback payments	48.3		—		48.3		—		—		—		48.3		—		48.3
Transfers (3)	(13.8)		13.8		—		3.6		(3.6)		—		(10.2)		10.2		—
Write-offs	(116.1)		(232.7)		(348.8)		116.1		232.7		348.8		—		—		—
Recoveries (4)	0.1		0.8		0.9		(0.1)		(0.8)		(0.9)		—		—		—
Deferral of Loan origination costs	2.2		—		2.2		—		—		—		2.2		—		2.2
Balance, end of period	$	5,978.2	$	3,208.2	$	9,186.4	$	(1,932.7)	$	(942.1)	$	(2,874.8)	$	4,045.5	$	2,266.1	$	6,311.6

	For the Three Months Ended September 30, 2021
(In millions)	Loans Receivable						Allowance for Credit Losses						Loans Receivable, Net
	Dealer Loans		Purchased Loans		Total		Dealer Loans		Purchased Loans		Total		Dealer Loans		Purchased Loans		Total
Balance, beginning of period	$	5,869.3	$	4,097.2	$	9,966.5	$	(1,733.4)	$	(1,465.0)	$	(3,198.4)	$	4,135.9	$	2,632.2	$	6,768.1
Finance charges	347.5		283.2		630.7		(103.9)		(84.7)		(188.6)		243.6		198.5		442.1
Provision for credit losses	—		—		—		9.5		(1.2)		8.3		9.5		(1.2)		8.3
New Consumer Loan assignments (1)	467.5		232.5		700.0		—		—		—		467.5		232.5		700.0
Collections (2)	(860.7)		(524.6)		(1,385.3)		—		—		—		(860.7)		(524.6)		(1,385.3)
Accelerated Dealer Holdback payments	9.4		—		9.4		—		—		—		9.4		—		9.4
Dealer Holdback payments	37.8		—		37.8		—		—		—		37.8		—		37.8
Transfers (3)	(20.8)		20.8		—		6.2		(6.2)		—		(14.6)		14.6		—
Write-offs	(75.7)		(200.6)		(276.3)		75.7		200.6		276.3		—		—		—
Recoveries (4)	0.1		0.7		0.8		(0.1)		(0.7)		(0.8)		—		—		—
Deferral of Loan origination costs	2.2		—		2.2		—		—		—		2.2		—		2.2
Balance, end of period	$	5,776.6	$	3,909.2	$	9,685.8	$	(1,746.0)	$	(1,357.2)	$	(3,103.2)	$	4,030.6	$	2,552.0	$	6,582.6

	For the Nine Months Ended September 30, 2022
(In millions)	Loans Receivable						Allowance for Credit Losses						Loans Receivable, Net
	Dealer Loans		Purchased Loans		Total		Dealer Loans		Purchased Loans		Total		Dealer Loans		Purchased Loans		Total
Balance, beginning of period	$	5,655.1	$	3,694.7	$	9,349.8	$	(1,767.8)	$	(1,245.7)	$	(3,013.5)	$	3,887.3	$	2,449.0	$	6,336.3
Finance charges	1,030.9		764.3		1,795.2		(324.3)		(200.6)		(524.9)		706.6		563.7		1,270.3
Provision for credit losses	—		—		—		(170.0)		(181.1)		(351.1)		(170.0)		(181.1)		(351.1)
New Consumer Loan assignments (1)	1,971.9		851.4		2,823.3		—		—		—		1,971.9		851.4		2,823.3
Collections (2)	(2,488.0)		(1,459.7)		(3,947.7)		—		—		—		(2,488.0)		(1,459.7)		(3,947.7)
Accelerated Dealer Holdback payments	35.2		—		35.2		—		—		—		35.2		—		35.2
Dealer Holdback payments	138.7		—		138.7		—		—		—		138.7		—		138.7
Transfers (3)	(57.0)		57.0		—		14.2		(14.2)		—		(42.8)		42.8		—
Write-offs	(315.8)		(701.8)		(1,017.6)		315.8		701.8		1,017.6		—		—		—
Recoveries (4)	0.6		2.3		2.9		(0.6)		(2.3)		(2.9)		—		—		—
Deferral of Loan origination costs	6.6		—		6.6		—		—		—		6.6		—		6.6
Balance, end of period	$	5,978.2	$	3,208.2	$	9,186.4	$	(1,932.7)	$	(942.1)	$	(2,874.8)	$	4,045.5	$	2,266.1	$	6,311.6

	For the Nine Months Ended September 30, 2021
(In millions)	Loans Receivable						Allowance for Credit Losses						Loans Receivable, Net
	Dealer Loans		Purchased Loans		Total		Dealer Loans		Purchased Loans		Total		Dealer Loans		Purchased Loans		Total
Balance, beginning of period	$	5,869.6	$	4,255.2	$	10,124.8	$	(1,702.1)	$	(1,634.8)	$	(3,336.9)	$	4,167.5	$	2,620.4	$	6,787.9
Finance charges	1,043.4		844.8		1,888.2		(308.7)		(267.1)		(575.8)		734.7		577.7		1,312.4
Provision for credit losses	—		—		—		36.8		(19.3)		17.5		36.8		(19.3)		17.5
New Consumer Loan assignments (1)	1,626.2		905.3		2,531.5		—		—		—		1,626.2		905.3		2,531.5
Collections (2)	(2,633.9)		(1,592.5)		(4,226.4)		—		—		—		(2,633.9)		(1,592.5)		(4,226.4)
Accelerated Dealer Holdback payments	36.0		—		36.0		—		—		—		36.0		—		36.0
Dealer Holdback payments	117.2		—		117.2		—		—		—		117.2		—		117.2
Transfers (3)	(87.7)		87.7		—		27.3		(27.3)		—		(60.4)		60.4		—
Write-offs	(201.9)		(593.2)		(795.1)		201.9		593.2		795.1		—		—		—
Recoveries (4)	1.2		1.9		3.1		(1.2)		(1.9)		(3.1)		—		—		—
Deferral of Loan origination costs	6.5		—		6.5		—		—		—		6.5		—		6.5
Balance, end of period	$	5,776.6	$	3,909.2	$	9,685.8	$	(1,746.0)	$	(1,357.2)	$	(3,103.2)	$	4,030.6	$	2,552.0	$	6,582.6

(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)Represents repayments that we collected on Consumer Loans assigned under our programs.

(3)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 allowance for credit losses balance to Purchased Loans in the period this forfeiture occurs.

(4)The Dealer Loans amount represents net cash flows received (collections less any related Dealer Holdback payments) on Dealer Loans that were previously written off in full. The Purchased Loans amount represents collections received on Purchased Loans that were previously written off in full.

Summary of Provision for Credit Losses [Table Text Block]

The following table summarizes the provision for credit losses for each of these components:

(In millions)	For the Three Months Ended September 30, 2022
Provision for Credit Losses	Dealer Loans		Purchased Loans		Total
New Consumer Loan assignments	$	37.6	$	45.8	$	83.4
Forecast changes	57.6		39.3		96.9
Total	$	95.2	$	85.1	$	180.3
(In millions)	For the Three Months Ended September 30, 2021
Provision for Credit Losses	Dealer Loans		Purchased Loans		Total
New Consumer Loan assignments	$	32.0	$	43.5	$	75.5
Forecast changes	(41.5)		(42.3)		(83.8)
Total	$	(9.5)	$	1.2	$	(8.3)
(In millions)	For the Nine Months Ended September 30, 2022
Provision for Credit Losses	Dealer Loans		Purchased Loans		Total
New Consumer Loan assignments	$	130.7	$	152.8	$	283.5
Forecast changes	39.3		28.3		67.6
Total	$	170.0	$	181.1	$	351.1
(In millions)	For the Nine Months Ended September 30, 2021
Provision for Credit Losses	Dealer Loans		Purchased Loans		Total
New Consumer Loan assignments	$	123.2	$	175.7	$	298.9
Forecast changes	(160.0)		(156.4)		(316.4)
Total	$	(36.8)	$	19.3	$	(17.5)

Summary of Information Related to New Consumer Loan Assignments

Additional information related to new Consumer Loan assignments is as follows:

(In millions)	For the Three Months Ended September 30, 2022
New Consumer Loan Assignments	Dealer Loans		Purchased Loans		Total
Contractual net cash flows at the time of assignment (1)	$	998.1	$	548.2	$	1,546.3
Expected net cash flows at the time of assignment (2)	905.6		374.2		1,279.8
Loans receivable at the time of assignment (3)	651.9		273.0		924.9
Provision for credit losses expense at the time of assignment	$	(37.6)	$	(45.8)	$	(83.4)
Expected future finance charges at the time of assignment (4)	291.3		147.0		438.3
Expected net Loan income at the time of assignment (5)	$	253.7	$	101.2	$	354.9

(In millions)	For the Three Months Ended September 30, 2021
New Consumer Loan Assignments	Dealer Loans		Purchased Loans		Total
Contractual net cash flows at the time of assignment (1)	$	718.5	$	479.8	$	1,198.3
Expected net cash flows at the time of assignment (2)	647.6		323.2		970.8
Loans receivable at the time of assignment (3)	467.5		232.5		700.0
Provision for credit losses expense at the time of assignment	$	(32.0)	$	(43.5)	$	(75.5)
Expected future finance charges at the time of assignment (4)	212.1		134.2		346.3
Expected net Loan income at the time of assignment (5)	$	180.1	$	90.7	$	270.8

(In millions)	For the Nine Months Ended September 30, 2022
New Consumer Loan Assignments	Dealer Loans		Purchased Loans		Total
Contractual net cash flows at the time of assignment (1)	$	3,015.3	$	1,698.3	$	4,713.6
Expected net cash flows at the time of assignment (2)	2,736.4		1,158.9		3,895.3
Loans receivable at the time of assignment (3)	1,971.9		851.4		2,823.3
Provision for credit losses expense at the time of assignment	$	(130.7)	$	(152.8)	$	(283.5)
Expected future finance charges at the time of assignment (4)	895.2		460.3		1,355.5
Expected net Loan income at the time of assignment (5)	$	764.5	$	307.5	$	1,072.0
(In millions)	For the Nine Months Ended September 30, 2021
New Consumer Loan Assignments	Dealer Loans		Purchased Loans		Total
Contractual net cash flows at the time of assignment (1)	$	2,538.8	$	1,919.0	$	4,457.8
Expected net cash flows at the time of assignment (2)	2,283.6		1,272.6		3,556.2
Loans receivable at the time of assignment (3)	1,626.2		905.3		2,531.5
Provision for credit losses expense at the time of assignment	$	(123.2)	$	(175.7)	$	(298.9)
Expected future finance charges at the time of assignment (4)	780.6		543.0		1,323.6
Expected net Loan income at the time of assignment (5)	$	657.4	$	367.3	$	1,024.7

(1)The Dealer Loans amount represents 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 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 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 repayments that we expected to collect at the time of assignment on Consumer Loans assigned under our Purchase Program. The Loan amounts also represent the fair value at the time of assignment.

(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.

(4)Represents revenue that is expected to be recognized on a level-yield basis over the lives of the Loans.

(5)Represents the amount that expected net cash flows at the time of assignment (2) exceed Loans receivable at the time of assignment (3).

Summary of Changes in Expected Future Net Cash Flows [Table Text Block]

A summary of changes in expected future net cash flows is as follows:

(In millions)	For the Three Months Ended September 30, 2022
Expected Future Net Cash Flows	Dealer Loans		Purchased Loans		Total
Balance, beginning of period	$	5,468.6	$	3,573.6	$	9,042.2
New Consumer Loan assignments (1)	905.6		374.2		1,279.8
Realized net cash flows (2)	(730.6)		(448.9)		(1,179.5)
Forecast changes	(37.3)		(48.1)		(85.4)
Transfers (3)	(15.2)		16.9		1.7
Balance, end of period	$	5,591.1	$	3,467.7	$	9,058.8

(In millions)	For the Three Months Ended September 30, 2021
Expected Future Net Cash Flows	Dealer Loans		Purchased Loans		Total
Balance, beginning of period	$	5,626.5	$	3,984.7	$	9,611.2
New Consumer Loan assignments (1)	647.6		323.2		970.8
Realized net cash flows (2)	(813.5)		(524.6)		(1,338.1)
Forecast changes	20.3		62.0		82.3
Transfers (3)	(21.5)		23.5		2.0
Balance, end of period	$	5,459.4	$	3,868.8	$	9,328.2

(In millions)	For the Nine Months Ended September 30, 2022
Expected Future Net Cash Flows	Dealer Loans		Purchased Loans		Total
Balance, beginning of period	$	5,249.7	$	3,698.6	$	8,948.3
New Consumer Loan assignments (1)	2,736.4		1,158.9		3,895.3
Realized net cash flows (2)	(2,314.1)		(1,459.7)		(3,773.8)
Forecast changes	(17.4)		(1.2)		(18.6)
Transfers (3)	(63.5)		71.1		7.6
Balance, end of period	$	5,591.1	$	3,467.7	$	9,058.8
(In millions)	For the Nine Months Ended September 30, 2021
Expected Future Net Cash Flows	Dealer Loans		Purchased Loans		Total
Balance, beginning of period	$	5,664.3	$	3,880.1	$	9,544.4
New Consumer Loan assignments (1)	2,283.6		1,272.6		3,556.2
Realized net cash flows (2)	(2,480.7)		(1,592.5)		(4,073.2)
Forecast changes	79.9		214.3		294.2
Transfers (3)	(87.7)		94.3		6.6
Balance, end of period	$	5,459.4	$	3,868.8	$	9,328.2

(1)The Dealer Loans amount represents 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 repayments that we expected to collect at the time of assignment on Consumer Loans assigned under our Purchase Program.

(2)The Dealer Loans amount represents repayments that we collected on Consumer Loans assigned under our Portfolio Program, less the Dealer Holdback and Accelerated Dealer Holdback payments that we made. Purchased Loans amount represents repayments that we collected on Consumer Loans assigned under our Purchase Program.

(3)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, related allowance for credit losses balance and related expected future net cash flows to Purchased Loans in the period this forfeiture occurs.

Schedule of Consumer Loans Forecasted Collection Percentage

The following table compares our forecast of Consumer Loan collection rates as of September 30, 2022 with the forecasts as of June 30, 2022, as of December 31, 2021 and at the time of assignment, segmented by year of assignment:

	Total Loans
	Forecasted Collection Percentage as of (1)								Current Forecast Variance from
Consumer Loan Assignment Year	September 30, 2022		June 30, 2022		December 31, 2021		Initial Forecast		June 30, 2022		December 31, 2021		Initial Forecast
2013	73.4	%	73.4	%	73.4	%	72.0	%	0.0	%	0.0	%	1.4	%
2014	71.7	%	71.7	%	71.5	%	71.8	%	0.0	%	0.2	%	-0.1	%
2015	65.2	%	65.2	%	65.1	%	67.7	%	0.0	%	0.1	%	-2.5	%
2016	63.8	%	63.8	%	63.6	%	65.4	%	0.0	%	0.2	%	-1.6	%
2017	64.6	%	64.6	%	64.4	%	64.0	%	0.0	%	0.2	%	0.6	%
2018	65.1	%	65.1	%	65.1	%	63.6	%	0.0	%	0.0	%	1.5	%
2019	66.5	%	66.7	%	66.5	%	64.0	%	-0.2	%	0.0	%	2.5	%
2020	67.9	%	68.4	%	67.9	%	63.4	%	-0.5	%	0.0	%	4.5	%
2021	66.8	%	67.6	%	66.5	%	66.3	%	-0.8	%	0.3	%	0.5	%
2022	66.5	%	67.1	%	—		67.4	%	-0.6	%	—		-0.9	%

	Dealer Loans
	Forecasted Collection Percentage as of (1) (2)								Current Forecast Variance from
Consumer Loan Assignment Year	September 30, 2022		June 30, 2022		December 31, 2021		Initial Forecast		June 30, 2022		December 31, 2021		Initial Forecast
2013	73.4	%	73.4	%	73.3	%	72.1	%	0.0	%	0.1	%	1.3	%
2014	71.5	%	71.6	%	71.4	%	71.9	%	-0.1	%	0.1	%	-0.4	%
2015	64.5	%	64.5	%	64.4	%	67.5	%	0.0	%	0.1	%	-3.0	%
2016	63.0	%	63.0	%	62.8	%	65.1	%	0.0	%	0.2	%	-2.1	%
2017	64.0	%	64.0	%	63.8	%	63.8	%	0.0	%	0.2	%	0.2	%
2018	64.5	%	64.6	%	64.6	%	63.6	%	-0.1	%	-0.1	%	0.9	%
2019	66.2	%	66.4	%	66.2	%	63.9	%	-0.2	%	0.0	%	2.3	%
2020	67.8	%	68.3	%	67.6	%	63.3	%	-0.5	%	0.2	%	4.5	%
2021	66.6	%	67.4	%	66.2	%	66.3	%	-0.8	%	0.4	%	0.3	%
2022	66.1	%	66.9	%	—		67.3	%	-0.8	%	—		-1.2	%

	Purchased Loans
	Forecasted Collection Percentage as of (1) (2)								Current Forecast Variance from
Consumer Loan Assignment Year	September 30, 2022		June 30, 2022		December 31, 2021		Initial Forecast		June 30, 2022		December 31, 2021		Initial Forecast
2013	74.3	%	74.3	%	74.2	%	71.6	%	0.0	%	0.1	%	2.7	%
2014	72.5	%	72.5	%	72.4	%	70.9	%	0.0	%	0.1	%	1.6	%
2015	68.9	%	68.9	%	68.9	%	68.5	%	0.0	%	0.0	%	0.4	%
2016	66.0	%	66.1	%	65.8	%	66.5	%	-0.1	%	0.2	%	-0.5	%
2017	66.3	%	66.3	%	66.0	%	64.6	%	0.0	%	0.3	%	1.7	%
2018	66.3	%	66.3	%	66.4	%	63.5	%	0.0	%	-0.1	%	2.8	%
2019	67.1	%	67.3	%	67.2	%	64.2	%	-0.2	%	-0.1	%	2.9	%
2020	68.1	%	68.6	%	68.4	%	63.6	%	-0.5	%	-0.3	%	4.5	%
2021	67.3	%	68.0	%	67.1	%	66.3	%	-0.7	%	0.2	%	1.0	%
2022	67.3	%	67.6	%	—		67.7	%	-0.3	%	—		-0.4	%

(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. Forecasted collection rates are negatively impacted by canceled Consumer Loans as the contractual amount owed is not removed from the denominator for purposes of computing forecasted collection rates in the table.

(2)The forecasted collection rates presented for Dealer Loans and Purchased Loans reflect the Consumer Loan classification at the time of assignment.

Financing Receivable, Past Due [Table Text Block]

The following table summarizes the past-due status of Consumer Loan assignments as of September 30, 2022 and December 31, 2021, segmented by year of assignment:

(In millions)	Total Loans as of September 30, 2022 (1) (2)
	Pre-term Consumer Loans (3)						Post-term Consumer Loans (4)		Total
Consumer Loan Assignment Year	Current (5)		Past Due 11-90 Days		Past Due Over 90 Days
2017 and Prior	$	29.9	$	15.4	$	65.0	$	170.4	$	280.7
2018	198.3		90.8		228.6		27.8		545.5
2019	563.6		246.5		435.9		4.5		1,250.5
2020	889.1		377.3		422.6		0.4		1,689.4
2021	1,462.5		520.7		352.5		—		2,335.7
2022	2,549.4		469.4		65.8		—		3,084.6
	$	5,692.8	$	1,720.1	$	1,570.4	$	203.1	$	9,186.4

(In millions)	Dealer Loans as of September 30, 2022 (1)
	Pre-term Consumer Loans (3)						Post-term Consumer Loans (4)		Total
Consumer Loan Assignment Year	Current (5)		Past Due 11-90 Days		Past Due Over 90 Days
2017 and Prior	$	14.1	$	7.4	$	30.7	$	106.5	$	158.7
2018	99.5		43.8		112.8		16.1		272.2
2019	271.2		117.7		206.8		2.9		598.6
2020	561.9		231.7		259.9		0.3		1,053.8
2021	1,011.5		353.7		237.0		—		1,602.2
2022	1,899.8		344.8		48.1		—		2,292.7
	$	3,858.0	$	1,099.1	$	895.3	$	125.8	$	5,978.2

(In millions)	Purchased Loans as of September 30, 2022 (2)
	Pre-term Consumer Loans (3)						Post-term Consumer Loans (4)		Total
Consumer Loan Assignment Year	Current (5)		Past Due 11-90 Days		Past Due Over 90 Days
2017 and Prior	$	15.8	$	8.0	$	34.3	$	63.9	$	122.0
2018	98.8		47.0		115.8		11.7		273.3
2019	292.4		128.8		229.1		1.6		651.9
2020	327.2		145.6		162.7		0.1		635.6
2021	451.0		167.0		115.5		—		733.5
2022	649.6		124.6		17.7		—		791.9
	$	1,834.8	$	621.0	$	675.1	$	77.3	$	3,208.2

(In millions)	Total Loans as of December 31, 2021 (1) (2)
	Pre-term Consumer Loans (3)						Post-term Consumer Loans (4)		Total
Consumer Loan Assignment Year	Current (5)		Past Due 11-90 Days		Past Due Over 90 Days
2016 and Prior	$	7.4	$	3.4	$	38.6	$	117.5	$	166.9
2017	93.4		35.0		155.7		34.5		318.6
2018	452.4		169.9		395.1		6.7		1,024.1
2019	1,085.4		410.7		580.8		1.1		2,078.0
2020	1,586.4		538.6		405.5		—		2,530.5
2021	2,555.5		554.5		121.7		—		3,231.7
	$	5,780.5	$	1,712.1	$	1,697.4	$	159.8	$	9,349.8

(In millions)	Dealer Loans as of December 31, 2021 (1)
	Pre-term Consumer Loans (3)						Post-term Consumer Loans (4)		Total
Consumer Loan Assignment Year	Current (5)		Past Due 11-90 Days		Past Due Over 90 Days
2016 and Prior	$	2.5	$	1.1	$	12.8	$	82.2	$	98.6
2017	44.9		16.8		75.2		21.8		158.7
2018	228.7		84.0		195.9		4.2		512.8
2019	530.7		194.2		276.3		0.7		1,001.9
2020	1,025.5		337.9		254.0		—		1,617.4
2021	1,800.5		382.8		82.4		—		2,265.7
	$	3,632.8	$	1,016.8	$	896.6	$	108.9	$	5,655.1

(In millions)	Purchased Loans as of December 31, 2021 (2)
	Pre-term Consumer Loans (3)						Post-term Consumer Loans (4)		Total
Consumer Loan Assignment Year	Current (5)		Past Due 11-90 Days		Past Due Over 90 Days
2016 and Prior	$	4.9	$	2.3	$	25.8	$	35.3	$	68.3
2017	48.5		18.2		80.5		12.7		159.9
2018	223.7		85.9		199.2		2.5		511.3
2019	554.7		216.5		304.5		0.4		1,076.1
2020	560.9		200.7		151.5		—		913.1
2021	755.0		171.7		39.3		—		966.0
	$	2,147.7	$	695.3	$	800.8	$	50.9	$	3,694.7

(1)As Consumer Loans are aggregated by Dealer for purposes of recognizing revenue and measuring credit losses, the Dealer Loan amount was estimated by allocating the balance of each Dealer Loan to the underlying Consumer Loans based on the forecasted future collections of each Consumer Loan.

(2)As certain Consumer Loans are aggregated by Dealer or month of purchase for purposes of recognizing revenue and measuring credit losses, the Purchased Loan amount was estimated by allocating the balance of certain Purchased Loans to the underlying Consumer Loans based on the forecasted future collections of each Consumer Loan.

(3)Represents the Loan balance attributable to Consumer Loans outstanding within their initial loan terms.

(4)Represents the Loan balance attributable to Consumer Loans outstanding beyond their initial loan terms.

(5)We consider a Consumer Loan to be current for purposes of forecasting expected collection rates if contractual repayments are less than 11 days past due.

Forecast adjustment [Table Text Block]

The removal of the COVID forecast adjustment and the implementation of the enhanced forecasting methodology during the first quarter of 2022 impacted forecasted net cash flows and provision for credit losses as follows:

(In millions)	Increase / (Decrease) in
Forecasting Methodology Changes	Forecasted Net Cash Flows		Provision for Credit Losses
Removal of COVID forecast adjustment	$	149.5	$	(118.5)
Implementation of enhanced forecasting methodology	(53.8)		47.9
Total	$	95.7	$	(70.6)