Quarterly report pursuant to Section 13 or 15(d)

Finance Receivables - Original Product (Tables)

v3.21.2
Finance Receivables - Original Product (Tables)
9 Months Ended
Sep. 30, 2021
Receivables [Abstract]  
Finance Receivables – Original Product Finance receivables for the original product as of September 30, 2021 and December 31, 2020 based on the year of funding are approximately as follows:

 

 

September 30, 2021

 

 

December 31,

2020 (Audited)

 

Funded during the current year

 

$

16,000

 

 

$

25,000

 

1-2 years outstanding

 

 

6,000

 

 

 

12,000

 

2-3 years outstanding

 

 

4,000

 

 

 

9,000

 

3-4 years outstanding

 

 

5,000

 

 

 

12,000

 

Greater than 4 years outstanding

 

 

137,000

 

 

 

200,000

 

 

 

 

168,000

 

 

 

258,000

 

Reserve for credit losses

 

 

(90,000

)

 

 

(142,000

)

 

 

$

78,000

 

 

$

116,000