Exhibit 99.1
Delinquencies and Net Charge-Offs
The following Supplemental Data provides historical information relating to (1) delinquency experience for a specific subset of the Company's daily and weekly pay U.S. term loans, including both on-balance sheet loans and loans sold to investors, as further described in Item 7.01 of the Current Report on Form 8-K to which this Exhibit 99.1 is attached as of the dates indicated and (2) static pool net charge-off data for such loans originated in the particular year or quarter specified in such net charge-off table.
Delinquency Experience1
| 12/31/2015 | 12/31/2014 | 12/31/2013 | 12/31/2012 | 12/31/2011 | 12/31/2010 | 12/31/2009 | ||
| Number of Term Loans Outstanding | 16,356 | 11,809 | 5,620 | 1,448 | 816 | 644 | 529 | |
| Aggregate Unpaid Principal Balance | $700,864,204 | $479,360,947 | $197,899,869 | $54,735,476 | $27,480,010 | $13,779,179 | $10,858,677 | |
| Unpaid Principal Balance of Past Due Term Loans | ||||||||
| 1-14 missed payment factor | $21,738,994 | $8,584,193 | $3,478,269 | $613,716 | $405,849 | $70,408 | $55,443 | |
| 15-30 missed payment factor | $10,130,593 | $5,512,986 | $2,645,418 | $672,778 | $144,648 | $289,804 | $0 | |
| 31-45 missed payment factor | $8,572,180 | $5,186,836 | $1,951,410 | $184,375 | $164,977 | $68,157 | $0 | |
| 46-60 missed payment factor | $7,181,559 | $4,552,884 | $1,853,467 | $482,460 | $0 | $178,330 | $11,099 | |
| 60+ missed payment factor | $10,723,089 | $5,386,804 | $2,195,826 | $396,359 | $133,630 | $15,297 | $66,214 | |
| Term Loans past due as a percent of Unpaid Principal Balance | ||||||||
| 1-14 missed payment factor | 3.10% | 1.79% | 1.76% | 1.12% | 1.48% | 0.51% | 0.51% | |
| 15-30 missed payment factor | 1.45% | 1.15% | 1.34% | 1.23% | 0.53% | 2.10% | 0.00% | |
| 31-45 missed payment factor | 1.22% | 1.08% | 0.99% | 0.34% | 0.60% | 0.49% | 0.00% | |
| 46-60 missed payment factor | 1.02% | 0.95% | 0.94% | 0.88% | 0.00% | 1.29% | 0.10% | |
| 60+ missed payment factor | 1.53% | 1.12% | 1.11% | 0.72% | 0.49% | 0.11% | 0.61% | |
1 The delinquency experience is measured by the missed payment factors of the loans. The missed payment factor of a daily pay loan is the sum of the total past due amount of scheduled loan payments thereunder divided by the required daily scheduled loan payment thereunder plus the number of scheduled loan payment dates (if any) past the maturity date on which scheduled loan payments were due but not received on such loan. The missed payment factor of a weekly pay loan is calculated utilizing the same methodology, normalized to account for loans with only one scheduled payment date per week.
Cumulative Net Charge-Off Experience2
| Origination Vintage (based on calendar year) | ||||||||||||||||||||
| 2015 Q4 | 2015 Q3 | 2015 Q2 | 2015 Q1 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | |||||||||||
| Number of Loans Originated | 7,121 | 6,625 | 6,212 | 6,082 | 18,026 | 8,998 | 3,259 | 2,455 | 1,761 | 1,082 | ||||||||||
| Aggregate Original Principal Balance ($) | 418,599,770 | 388,679,993 | 346,075,275 | 339,580,710 | 942,372,208 | 393,990,400 | 136,138,775 | 86,155,307 | 53,843,900 | 30,379,100 | ||||||||||
Cumulative Net Charge-Offs (as a percent of original principal balance)3 | ||||||||||
| Months since origination | 2015 Q4 | 2015 Q3 | 2015 Q2 | 2015 Q1 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
| 1 | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| 2 | 0.01% | 0.01% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| 3 | 0.03% | 0.11% | 0.05% | 0.00% | 0.00% | 0.00% | 0.00% | 0.08% | 0.00% | 0.10% |
| 4 | 0.35% | 0.22% | 0.18% | 0.17% | 0.22% | 0.16% | 0.60% | 0.13% | 0.10% | |
| 5 | 0.84% | 1.01% | 0.86% | 0.75% | 0.99% | 1.32% | 1.29% | 0.55% | 0.13% | |
| 6 | 1.75% | 1.50% | 1.67% | 1.69% | 1.96% | 2.26% | 2.17% | 1.03% | 0.24% | |
| 7 | 2.54% | 2.69% | 2.66% | 2.82% | 3.30% | 3.16% | 1.91% | 0.47% | ||
| 8 | 3.54% | 3.68% | 3.52% | 3.87% | 3.98% | 3.92% | 3.12% | 1.58% | ||
| 9 | 4.52% | 4.23% | 4.16% | 4.46% | 4.47% | 4.37% | 3.74% | 2.62% | ||
| 10 | 4.94% | 4.78% | 4.87% | 4.77% | 4.88% | 4.22% | 2.97% | |||
| 11 | 5.69% | 5.17% | 5.25% | 5.13% | 5.17% | 4.31% | 4.28% | |||
| 12 | 6.01% | 5.43% | 5.75% | 5.36% | 5.30% | 4.39% | 4.86% | |||
| 13 | 5.71% | 6.07% | 5.54% | 5.46% | 4.44% | 5.35% | ||||
| 14 | 5.83% | 6.28% | 5.73% | 5.62% | 4.46% | 5.77% | ||||
| 15 | 6.07% | 6.42% | 6.02% | 5.64% | 4.46% | 6.27% | ||||
| 16 | 6.45% | 6.05% | 5.59% | 4.47% | 6.37% | |||||
| 17 | 6.44% | 6.20% | 5.68% | 4.45% | 6.57% | |||||
| 18 | 6.45% | 6.18% | 5.73% | 4.46% | 6.65% | |||||
| 19 | 6.49% | 6.19% | 5.75% | 4.44% | 6.66% | |||||
| 20 | 6.54% | 6.24% | 5.76% | 4.41% | 6.65% | |||||
| 21 | 6.56% | 6.25% | 5.76% | 4.40% | 6.69% | |||||
| 22 | 6.56% | 6.24% | 5.74% | 4.40% | 6.68% | |||||
| 23 | 6.57% | 6.22% | 5.74% | 4.40% | 6.66% | |||||
| 24 | 6.63% | 6.20% | 5.76% | 4.40% | 6.66% | |||||
2 The historical information above reflects net charge-offs for a specific subset of the Company’s daily and weekly pay U.S. term loans, including both on-balance sheet loans and loans sold to investors, as further described in Item 7.01 of the Current Report on Form 8-K to which this Exhibit 99.1 is attached that were charged-off by the Company in accordance with its then-existing policies and procedures. The Company’s policy for charge-offs changed from 150 calendar days to 90 calendar days in December 2010. The data shown above for the referenced annual or quarterly vintages represents the loans originated during such year or quarter as a static pool, and illustrates how such vintages have performed given equivalent months of seasoning.
3 Cumulative net charge-offs (as a percent of original principal balance) are only included for those vintages and months since origination for which performance history exists for each loan of such vintage over such number of months since origination.