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4. Securitization Trust Debt (Tables)
9 Months Ended
Sep. 30, 2013
Securitization Trust Debt Tables  
Securitization trust debt

 

   Final Scheduled  Receivables Pledged at       Outstanding Principal at   Outstanding Principal at   Weighted
Average Contractual Interest
Rate at
 
   Payment  September 30,   Initial   September 30,   December 31,   September 30, 
Series  Date (1)  2013   Principal   2013   2012   2013 
(Dollars in thousands) 
CPS 2008-A  October 2014  $   $310,359   $   $40,713     
Page Five Funding  January 2018   13,244    46,058    11,500    21,251    9.39% 
CPS 2011-A  April 2018   33,088    100,364    29,533    48,368    3.54% 
CPS 2011-B  September 2018   50,758    109,936    50,286    70,863    4.70% 
CPS 2011-C  March 2019   63,410    119,400    63,429    88,269    5.03% 
CPS 2012-A  June 2019   73,288    155,000    72,964    105,485    3.58% 
CPS 2012-B  September 2019   96,641    141,500    95,324    122,329    3.24% 
CPS 2012-C  December 2019   103,877    147,000    101,575    135,219    2.56% 
CPS 2012-D  March 2020   124,318    160,000    118,237    160,000    2.12% 
CPS 2013-A  June 2020   165,276    185,000    157,015        1.85% 
CPS 2013-B  September 2020   192,628    205,000    189,696        2.28% 
CPS 2013-C  December 2020   137,989    205,000    205,000        2.36% 
      $1,054,517   $1,884,617   $1,094,559   $792,497      

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(1) The Final Scheduled Payment Date represents final legal maturity of the securitization trust debt. Securitization trust debt is expected to become due and to be paid prior to those dates, based on amortization of the finance receivables pledged to the trusts. Expected payments, which will depend on the performance of such receivables, as to which there can be no assurance, are $104.7 million in 2013, $393.4 million in 2014, $292.0 million in 2015, $181.0 million in 2016, $96.8 million in 2017 and $26.6 million in 2018.