| Schedule of Finance Receivables for Original Product |
Finance receivables for the original product as of June 30, 2019 and December 31, 2018 based on the year of funding are approximately as follows:
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June 30, 2019
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December 31, 2018 (Audited)
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Funded during the current year
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$
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30,000
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|
$
|
79,000
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1-2 years outstanding
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35,000
|
|
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35,000
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2-3 years outstanding
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27,000
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18,000
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3-4 years outstanding
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13,000
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|
|
7,000
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Greater than 4 years outstanding
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|
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338,000
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|
|
|
411,000
|
|
|
|
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443,000
|
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550,000
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Reserve for credit losses
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(113,000
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)
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|
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(125,000
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)
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|
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$
|
330,000
|
|
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$
|
425,000
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Number of active units with delinquent assessments
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|
|
692
|
|
|
|
826
|
|
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Amount of outstanding interest and late fees on
active units
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|
$
|
10,408,000
|
|
|
$
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11,268,000
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