CURO (CUROQ) 10-Q 2 May 22 2022 Q1 Quarterly report Financial data

Cover

Cover - shares	3 Months Ended
	Mar. 31, 2022	Apr. 29, 2022
Cover [Abstract]
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Mar. 31, 2022
Document Transition Report	false
Entity File Number	1-38315
Entity Registrant Name	CURO GROUP HOLDINGS CORP.
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	90-0934597
Entity Address, Address Line One	3615 North Ridge Road
Entity Address, City or Town	Wichita
Entity Address, State or Province	KS
Entity Address, Postal Zip Code	67205
City Area Code	316
Local Phone Number	772-3801
Title of 12(b) Security	Common stock, $0.001 par value per share
Trading Symbol	CURO
Security Exchange Name	NYSE
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		40,349,079
Entity Central Index Key	0001711291
Amendment Flag	false
Document Fiscal Year Focus	2022
Document Fiscal Period Focus	Q1
Current Fiscal Year End Date	--12-31

CONDENSED CONSOLIDATED BALANCE

CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Mar. 31, 2022	Dec. 31, 2021
ASSETS
Cash and cash equivalents	$ 60,209	$ 63,179
Restricted cash (includes restricted cash of consolidated VIEs of $64,141 and $57,155 as of March 31, 2022 and December 31, 2021, respectively)	110,118	98,896
Gross loans receivable (includes loans of consolidated VIEs of $1,394,957 and $1,294,706 as of March 31, 2022 and December 31, 2021, respectively)	1,628,568	1,548,318
Less: Allowance for loan losses (includes allowance for loan losses of consolidated VIEs of $77,014 and $66,618 as of March 31, 2022 and December 31, 2021, respectively)	(98,168)	(87,560)
Loans receivable, net	1,530,400	1,460,758
Income taxes receivable	28,664	31,774
Prepaid expenses and other (includes prepaid expenses and other of consolidated VIEs of $4,781 and $— as of March 31, 2022 and December 31, 2021, respectively)	40,112	42,038
Property and equipment, net	54,865	54,635
Investments in Katapult	29,484	27,900
Right of use asset - operating leases	114,305	116,300
Deferred tax assets	20,066	15,639
Goodwill	430,967	429,792
Intangibles, net	113,640	109,930
Other assets	9,535	9,755
Total Assets	2,542,365	2,460,596
Liabilities
Accounts payable and accrued liabilities (includes accounts payable and accrued liabilities of consolidated VIEs of $10,243 and $9,886 as of March 31, 2022 and December 31, 2021, respectively)	84,783	121,434
Deferred revenue	24,265	21,649
Lease liability - operating leases	120,593	122,431
Contingent consideration related to acquisition	26,687	26,508
Income taxes payable	0	680
Accrued interest (includes accrued interest of consolidated VIEs of $3,975 and $3,279 as of March 31, 2022 and December 31, 2021, respectively)	16,481	34,974
Liability for losses on CSO lender-owned consumer loans	7,166	6,908
Debt (includes debt and issuance costs of consolidated VIEs of $1,101,912 and $12,983 as of March 31, 2022 and $979,500 and $14,428 as of December 31, 2021, respectively)	2,090,085	1,945,793
Other long-term liabilities	13,679	13,845
Deferred tax liabilities	5,839	6,044
Total Liabilities	2,389,578	2,300,266
Commitments and contingencies (Note 11)
Stockholders' Equity
Preferred stock - $0.001 par value, 25,000,000 shares authorized; no shares were issued	0	0
Common stock - $0.001 par value; 225,000,000 shares authorized; 50,046,895 and 49,684,080 shares issued; and 40,348,782 and 40,810,444 shares outstanding at the respective period ends	23	23
Treasury stock, at cost - 9,698,113 and 8,873,636 shares at the respective period ends	(136,832)	(124,302)
Paid-in capital	115,329	113,520
Retained earnings	200,012	203,467
Accumulated other comprehensive loss	(25,745)	(32,378)
Total Stockholders' Equity	152,787	160,330
Total Liabilities and Stockholders' Equity	$ 2,542,365	$ 2,460,596

CONDENSED CONSOLIDATED BALANC_2

CONDENSED CONSOLIDATED BALANCE SHEETS (Parenthetical) - USD ($) $ in Thousands	Mar. 31, 2022	Dec. 31, 2021
Restricted cash	$ 110,118	$ 98,896
Total gross loans receivable	1,628,568	1,548,318
Less: allowance for losses	98,168	87,560
Prepaid expenses and other	40,112	42,038
Accounts payable and accrued liabilities	84,783	121,434
Accrued interest	$ 16,481	$ 34,974
Preferred stock, par value (in usd per share)	$ 0.001	$ 0.001
Preferred stock, authorized (in shares)	25,000,000	25,000,000
Preferred stock, issued (in shares)	0	0
Class A common stock, par value (in usd per share)	$ 0.001	$ 0.001
Class A common stock, authorized (in shares)	225,000,000	225,000,000
Class A common stock, issued (in shares)	50,046,895	49,684,080
Class A common stock, outstanding (in shares)	40,348,782	40,810,444
Treasury stock (in shares)	9,698,113	8,873,636
Variable Interest Entity
Restricted cash	$ 64,141	$ 57,155
Total gross loans receivable	1,394,957	1,294,706
Less: allowance for losses	77,014	66,618
Prepaid expenses and other	4,781	0
Accounts payable and accrued liabilities	10,243	9,886
Accrued interest	3,975	3,279
Debt	1,101,912	979,500
Issuance costs	$ 12,983	$ 14,428

CONDENSED CONSOLIDATED STATEMEN

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) shares in Thousands, $ in Thousands	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Revenue	$ 290,196	$ 196,551
Provision for losses	97,531	36,145
Consolidated net revenue	192,665	160,406
Operating Expenses
Salaries and benefits	79,729	54,917
Occupancy	17,037	14,347
Advertising	10,500	8,084
Direct operations	20,274	11,969
Depreciation and amortization	9,814	4,965
Other operating expense	16,112	12,952
Total operating expenses	153,466	107,234
Other expense (income)
Interest expense	38,341	19,539
Income from equity method investment	(1,584)	(546)
Total other expense	36,757	18,993
Income before income taxes	2,442	34,179
Provision for income taxes	1,106	8,444
Net income	$ 1,336	$ 25,735
Earnings per share:
Basic earnings per share (in usd per share)	$ 0.03	$ 0.62
Diluted earnings per share (in usd per share)	$ 0.03	$ 0.59
Weighted average common shares outstanding:
Basic (in shares)	40,368	41,505
Diluted (in shares)	41,308	43,596
Interest and fees revenue
Revenue	$ 264,956	$ 179,123
Insurance premiums and commissions
Revenue	18,260	11,569
Other revenue
Revenue	$ 6,980	$ 5,859

CONDENSED CONSOLIDATED STATEM_2

CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE (LOSS) INCOME - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Statement of Comprehensive Income [Abstract]
Net income	$ 1,336	$ 25,735
Other comprehensive income:
Foreign currency translation adjustment, net of tax	6,633	3,855
Other comprehensive income	6,633	3,855
Comprehensive income	$ 7,969	$ 29,590

CONDENSED CONSOLIDATED STATEM_3

CONDENSED CONSOLIDATED STATEMENT OF CASH FLOWS - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Cash flows from operating activities
Net income	$ 1,336	$ 25,735
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization	9,814	4,965
Provision for losses	97,531	36,145
Amortization of debt issuance costs and bond discount	2,241	1,294
Deferred income tax (benefit) expense	(4,326)	(1,534)
(Gain) loss on disposal of property and equipment	38	(134)
Income from equity method investment	(1,584)	(546)
Change in fair value of contingent consideration	(264)	0
Share-based compensation	4,093	2,683
Changes in operating assets and liabilities:
Accrued interest on loans receivable	28,491	38,908
Prepaid expenses and other assets	2,177	1,923
Accounts payable and accrued liabilities	(41,555)	8,011
Deferred revenue	2,285	137
Income taxes payable	(684)	276
Income taxes receivable	3,114	7,992
Accrued interest	(18,511)	(14,231)
Other long-term liabilities	(463)	(1,132)
Net cash provided by operating activities	83,733	110,492
Cash flows from investing activities
Purchase of property, equipment and software	(11,375)	(2,789)
Loans receivable originated or acquired	(541,674)	(251,364)
Loans receivable repaid	365,379	181,738
Net cash used in investing activities	(187,670)	(163,618)
Cash flows from financing activities
Debt issuance costs paid	(276)	0
Proceeds from exercise of stock options	0	48
Payments to net share settle equity awards	(2,284)	(1,668)
Repurchase of common stock	(13,531)	0
Dividends paid to stockholders	(4,791)	(2,368)
Net cash provided by (used in) financing activities	110,322	(65)
Effect of exchange rate changes on cash, cash equivalents and restricted cash	1,867	881
Net increase in cash, cash equivalents and restricted cash	8,252	(52,310)
Cash, cash equivalents and restricted cash at beginning of period	162,075	268,107
Cash, cash equivalents and restricted cash at end of period	170,327	215,797
Supplemental Cash Flow Elements [Abstract]
Cash and cash equivalents	60,209	135,396
Restricted cash	110,118	80,401
Total cash, cash equivalents and restricted cash used in the Statement of Cash Flows	170,327	215,797
Revolving Credit Facility | SPV and SPE Facilities
Cash flows from financing activities
Proceeds from credit facilities	190,922	12,488
Payments on credit facilities	(79,718)	(8,565)
Revolving Credit Facility | Senior Revolver | Line of Credit
Cash flows from financing activities
Proceeds from credit facilities	87,560	0
Payments on credit facilities	(67,560)	0
Flexiti
Cash flows from investing activities
Acquisition of Flexiti, net of acquiree's cash received	$ 0	$ (91,203)

CONDENSED CONSOLIDATED STATEM_4

CONDENSED CONSOLIDATED STATEMENT OF CASH FLOWS (Parenthetical) - USD ($) $ in Thousands	Mar. 31, 2022	Dec. 31, 2021	Mar. 31, 2021
Restricted cash	$ 110,118	$ 98,896	$ 80,401
Variable Interest Entity
Restricted cash	$ 64,141	$ 57,155	$ 47,600

SUMMARY OF SIGNIFICANT ACCOUNTI

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES AND NATURE OF OPERATIONS	3 Months Ended
	Mar. 31, 2022
Accounting Policies [Abstract]
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES AND NATURE OF OPERATIONS	SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES AND NATURE OF OPERATIONS Nature of Operations The terms “CURO" and the “Company” refer to CURO Group Holdings Corp. and its direct and indirect subsidiaries as a combined entity, except where otherwise stated. The Company is a tech-enabled, omni-channel consumer finance company serving a full spectrum of non-prime and near-prime consumers in the U.S and non-prime and prime consumers in Canada. Basis of Presentation The Company has prepared the accompanying unaudited Condensed Consolidated Financial Statements in accordance with U.S. GAAP and the accounting policies described in its 2021 Form 10-K. Interim results of operations are not necessarily indicative of results that might be expected for future interim periods or for the year ending December 31, 2022. While certain information and note disclosures normally included in annual financial statements prepared in accordance with U.S. GAAP have been condensed or omitted, the Company believes that the disclosures are adequate to enable a reasonable understanding of the information presented. The unaudited Condensed Consolidated Financial Statements and the accompanying notes reflect adjustments of a normal and recurring nature, which are, in the opinion of management, necessary to present fairly the Company's results of operations, financial position and cash flows for the periods presented. Beginning January 1, 2022, the Company started reporting "Interest and fees revenue," "Insurance premiums and commissions," and "Other revenue" in place of the previously reported "Revenue" line item in the unaudited Condensed Consolidated Statements of Operations as of March 31, 2022 and 2021. Prior period amounts have been reclassified to conform with current period presentation. Principles of Consolidation The unaudited Condensed Consolidated Financial Statements reflect the accounts of CURO and its direct and indirect subsidiaries, including Heights Finance, which was acquired on December 27, 2021, and Flexiti, which was acquired on March 10, 2021. Refer to Note 14, "Acquisitions" for further disclosures related to these acquisitions. Intercompany transactions and balances have been eliminated in consolidation. Use of Estimates The preparation of the unaudited Condensed Consolidated Financial Statements in conformity with U.S. GAAP requires management to make estimates and assumptions, including those impacted by COVID-19, that affect the reported amounts of assets and liabilities and the disclosure of contingent assets and liabilities at the date of the financial statements. Some estimates may also affect the reported amounts of revenues and expenses during the periods presented. Significant estimates that the Company made in the accompanying unaudited Condensed Consolidated Financial Statements include ALL, certain assumptions related to equity investments, goodwill and intangibles, accruals related to self-insurance, CSO liability for losses, estimated tax liabilities and the accounting for the Heights Finance and Flexiti acquisitions. Actual results may differ from those estimates. Acquisitions Heights Finance On December 27, 2021, CURO closed its acquisition of Heights Finance, a consumer finance company that provides Installment loans and offers customary opt-in insurance and other financial products, in a transaction accounted for as a business combination. Refer to Note 14, "Acquisitions" for further information regarding the acquisition and Note 13, "Goodwill" for the impact to the Company's goodwill balance as the result of the acquisition. Flexiti On March 10, 2021, CURO closed its acquisition of Flexiti, a POS and BNPL provider, in a transaction accounted for as a business combination. Refer to Note 14, "Acquisitions" for further information regarding the acquisition and Note 13, "Goodwill" for the impact to the Company's goodwill balance as a result of the acquisition. Continuing Impacts of COVID-19 The COVID-19 pandemic continues to cause significant uncertainty and impacts. Macroeconomic conditions, in general, and the Company's operations, specifically, have been significantly affected by COVID-19. Government responses to the pandemic, either through the form of mandated lockdowns or a variety of stimulus programs to mitigate the impact of the pandemic, suppressed loan demand in 2020 and into the first quarter of 2021. During the second quarter of 2021 through the first quarter of 2022, the runoff of additional federal stimulus programs in the U.S. resulted in the stabilization of the Company's U.S. loan portfolio and resulted in moderately higher NCO and past-due trends as customers return to pre-COVID-19 trends. For details regarding the effect COVID-19 had on the Company's operations in 2020 and 2021, the Company's response to mitigate the impact of the pandemic and the U.S. and Canadian federal and local responses to the pandemic, refer to the 2021 Form 10-K. Recently Issued Accounting Pronouncements Not Yet Adopted ASU 2016-13 and subsequent amendments In June 2016, the FASB issued ASU 2016-13, Financial Instruments - Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments, and subsequent amendments to the guidance: ASU 2018-19 in November 2018, ASU 2019-04 in April 2019, ASU 2019-05 in May 2019, ASU 2019-10 and -11 in November 2019, ASU 2020-02 in February 2020 and ASU 2022-02 in March 2022. The amended standard changes how entities will measure credit losses for most financial assets and certain other instruments that are not measured at fair value through net income. The standard will replace the current “incurred loss” approach with an “expected loss” model for instruments measured at amortized cost. The amendment will affect loans, debt securities, trade receivables, net investments in leases, off-balance sheet credit exposures, reinsurance receivables and any other financial assets not excluded from the scope that have the contractual right to receive cash. ASU 2019-10 amended the mandatory effective date for ASU 2016-13. As a result, ASU 2016-13 and related amendments are effective for fiscal years beginning after December 15, 2022 for entities that qualified as an smaller reporting company as of June 30, 2019, such as the Company. ASU 2016-13 and its amendments should be applied on either a prospective transition or modified-retrospective approach depending on the subtopic. Early adoption is permitted. The Company is evaluating its alternatives with respect to the available accounting methods under ASU 2016-13, including the fair value option. If the fair value option is not utilized, adoption of ASU 2016-13 will increase the allowance for credit losses, with a resulting negative adjustment to retained earnings on the date of adoption. The Company deferred the adoption of ASU 2016-13 as permitted under ASU 2019-10. The Company is currently assessing the impact that adoption of ASU 2016-13 will have on its financial statements. ASU 2022-02, Financial Instruments-Credit Losses (Topic 326): Troubled Debt Restructurings and Vintage Disclosures , eliminated the accounting guidance on TDRs for creditors and amended the guidance on vintage disclosures for financing receivables to require disclosure of current-period gross write-offs by year of origination. Additionally, the amendments in ASU 2022-02 require enhanced disclosures for creditors with respect to loan refinancing and restructuring for borrowers experiencing financial difficulty. ASU 2022-02 and its amendments should be applied on a prospective basis and are effective upon adoption of ASU 2016-13. The Company is currently assessing the impact that adoption of ASU 2022-02 will have on its financial statements. ASU 2020-04 and subsequent amendments In March 2020, the FASB issued ASU 2020-04, Reference Rate Reform - Facilitation of the Effects of Reference Rate Reform on Financial Reporting. This ASU provides temporary optional expedients and exceptions to U.S. GAAP guidance on contract modifications and hedge accounting to ease the financial reporting burdens of the upcoming market transition from LIBOR and other interbank offered rates to alternative reference rates, such as SOFR. Entities can elect to not apply certain modification accounting requirements to contracts affected by this reference rate reform, if certain criteria are met. An entity that makes this election would not have to remeasure the contracts at the modification date or reassess a previous accounting determination. Entities also can elect various optional expedients that would allow them to continue applying hedge accounting for hedging relationships affected by reference rate reform if certain criteria are met. The guidance is effective upon issuance and generally can be applied through December 31, 2022. The FASB also issued ASU 2021-01, Reference Rate Reform (Topic 848) : Scope in January 2021. It clarifies that certain optional expedients and exceptions in Topic 848 apply to derivatives that are affected by the discounting transition. The amendments in this ASU affect the guidance in ASU 2020-04 and are effective in the same timeframe as ASU 2020-04. The Company anticipates transitioning applicable debt facilities from LIBOR to SOFR and currently does not expect the adoption of these ASUs to have a material impact on its financial statements. ASU 2021-08 In October 2021, the FASB issued ASU 2021-08, Business Combinations (Topic 805): Accounting for Contract Assets and Contract Liabilities from Contracts with Customers , which requires an acquirer in a business combination to recognize and measure contract assets and contract liabilities in accordance with ASC 606, Revenue from Contracts with Customers . ASU 2021-08 is effective for fiscal years beginning after December 15, 2022 and early adoption is permitted. While the Company is continuing to assess the timing of adoption and the potential impacts of ASU 2021-08, it does not expect ASU 2021-08 to have a material effect, if any, on its financial statements.

VARIABLE INTEREST ENTITIES

VARIABLE INTEREST ENTITIES	3 Months Ended
	Mar. 31, 2022
Organization, Consolidation and Presentation of Financial Statements [Abstract]
VARIABLE INTEREST ENTITIES	VARIABLE INTEREST ENTITIES As of March 31, 2022, the Company had five credit facilities whereby certain loans receivable were sold to VIEs to collateralize debt incurred under each facility. See Note 5, "Debt" for additional details on each facility. The Company has determined that it is the primary beneficiary of the VIEs and is required to consolidate them. The Company includes the assets and liabilities related to the VIEs in the unaudited Condensed Consolidated Financial Statements. The carrying amounts of consolidated VIEs' assets and liabilities were as follows (in thousands): March 31, December 31, Assets Restricted cash $ 64,141 $ 57,155 Loans receivable, net 1,317,943 1,228,088 Intercompany receivable (1) 245,389 48,333 Prepaid expenses and other 4,781 — Deferred tax assets 107 — Total Assets $ 1,632,361 $ 1,333,576 Liabilities Accounts payable and accrued liabilities $ 10,243 $ 9,886 Deferred revenue 114 106 Deferred tax liability — 269 Accrued interest 3,975 3,279 Income taxes payable 1,826 — Debt 1,088,929 965,072 Total Liabilities $ 1,105,087 $ 978,612 (1) Intercompany receivable VIE balances eliminate upon consolidation.

LOANS RECEIVABLE AND REVENUE

LOANS RECEIVABLE AND REVENUE	3 Months Ended
	Mar. 31, 2022
Receivables [Abstract]
LOANS RECEIVABLE AND REVENUE	LOANS RECEIVABLE AND REVENUE The following table summarizes revenue by product (in thousands): Three Months Ended March 31, 2022 2021 Revolving LOC $ 91,023 $ 62,735 Unsecured Installment 121,329 76,394 Secured Installment 26,307 15,027 Single-Pay 26,297 24,967 Total Installment 173,933 116,388 Insurance revenue 18,260 11,601 Other 6,980 5,827 Total revenue (1) $ 290,196 $ 196,551 (1) Includes revenue from CSO programs of $49.0 million and $41.4 million for the three months ended March 31, 2022 and 2021, respectively. The following tables summarize loans receivable by product and the related delinquent loans receivable (in thousands): March 31, 2022 Revolving LOC Unsecured Installment Secured Installment Single-Pay (1) Total Installment - Company Owned Total Current loans receivable $ 943,761 $ 348,487 $ 111,483 $ 40,389 $ 500,359 $ 1,444,120 Delinquent loans receivable 71,577 91,778 21,093 — 112,871 184,448 Total loans receivable 1,015,338 440,265 132,576 40,389 613,230 1,628,568 Less: allowance for losses (71,325) (20,704) (3,363) (2,776) (26,843) (98,168) Loans receivable, net $ 944,013 $ 419,561 $ 129,213 $ 37,613 $ 586,387 $ 1,530,400 (1) Of the $40.4 million of Single-Pay receivables, $11.1 million relate to mandated extended payment options for certain Canada Single-Pay loans. March 31, 2022 Revolving LOC Unsecured Installment Secured Installment Total Installment - Company Owned Total Delinquent loans receivable 1-30 days past-due $ 31,959 $ 38,700 $ 11,689 $ 50,389 $ 82,348 31-60 days past-due 16,616 13,898 3,926 17,824 34,440 61-90 days past-due 14,684 13,763 2,910 16,673 31,357 91 + days past-due 8,318 25,417 2,568 27,985 36,303 Total delinquent loans receivable $ 71,577 $ 91,778 $ 21,093 $ 112,871 $ 184,448 December 31, 2021 Revolving LOC Unsecured Installment Secured Installment Single-Pay (1) Total Installment - Company Owned Total Current loans receivable $ 843,379 $ 359,512 $ 110,232 $ 42,463 $ 512,207 $ 1,355,586 Delinquent loans receivable 70,734 98,174 23,824 — 121,998 192,732 Total loans receivable 914,113 457,686 134,056 42,463 634,205 1,548,318 Less: allowance for losses (68,140) (13,387) (3,327) (2,706) (19,420) (87,560) Loans receivable, net $ 845,973 $ 444,299 $ 130,729 $ 39,757 $ 614,785 $ 1,460,758 (1) Of the $42.5 million of Single-Pay receivables, $11.3 million relate to mandated extended payment options for certain Canada Single-Pay loans. December 31, 2021 Revolving LOC Unsecured Installment Secured Installment Total Installment - Company Owned Total Delinquent loans receivable 1-30 days past-due $ 35,657 $ 45,160 $ 13,213 $ 58,373 $ 94,030 31-60 days past-due 15,452 16,646 4,539 21,185 36,637 61-90 days past-due 13,397 13,933 3,213 17,146 30,543 91 + days past-due 6,228 22,435 2,859 25,294 31,522 Total delinquent loans receivable $ 70,734 $ 98,174 $ 23,824 $ 121,998 $ 192,732 The following tables summarize loans Guaranteed by the Company under CSO programs and the related delinquent receivables (in thousands): March 31, 2022 Unsecured Installment Secured Installment Total Installment - Guaranteed by the Company Current loans receivable Guaranteed by the Company $ 35,180 $ 1,009 $ 36,189 Delinquent loans receivable Guaranteed by the Company 7,986 245 8,231 Total loans receivable Guaranteed by the Company 43,166 1,254 44,420 Less: Liability for losses on CSO lender-owned consumer loans (7,118) (48) (7,166) Loans receivable Guaranteed by the Company, net $ 36,048 $ 1,206 $ 37,254 March 31, 2022 Unsecured Installment Secured Installment Total Installment - Guaranteed by the Company Delinquent loans receivable 1-30 days past-due $ 6,043 $ 187 $ 6,230 31-60 days past-due 1,225 12 1,237 61-90 days past-due 557 36 593 91 + days past-due 161 10 171 Total delinquent loans receivable $ 7,986 $ 245 $ 8,231 December 31, 2021 Unsecured Installment Secured Installment Total Installment - Guaranteed by the Company Current loans receivable Guaranteed by the Company $ 37,303 $ 799 $ 38,102 Delinquent loans receivable Guaranteed by the Company 8,011 204 8,215 Total loans receivable Guaranteed by the Company 45,314 1,003 46,317 Less: Liability for losses on CSO lender-owned consumer loans (6,869) (39) (6,908) Loans receivable Guaranteed by the Company, net $ 38,445 $ 964 $ 39,409 December 31, 2021 Unsecured Installment Secured Installment Total Installment - Guaranteed by the Company Delinquent loans receivable 1-30 days past-due $ 6,633 $ 162 $ 6,795 31-60 days past-due 1,003 28 1,031 61-90 days past-due 277 8 285 91 + days past-due 98 6 104 Total delinquent loans receivable $ 8,011 $ 204 $ 8,215 The following tables summarize activity in the ALL and the liability for losses on CSO lender-owned consumer loans in total (in thousands): Three Months Ended March 31, 2022 Revolving LOC Unsecured Installment Secured Installment Single-Pay Total Installment Other Total Allowance for loan losses: Balance, beginning of period $ 68,140 $ 13,387 $ 3,327 $ 2,706 $ 19,420 $ — $ 87,560 Charge-offs (42,387) (28,313) (6,783) (24,113) (59,209) (1,813) (103,409) Recoveries 8,015 8,023 3,146 19,744 30,913 553 39,481 Net charge-offs (34,372) (20,290) (3,637) (4,369) (28,296) (1,260) (63,928) Provision for losses 37,447 27,603 3,673 4,409 35,685 2,650 75,782 Effect of foreign currency translation 110 4 — 30 34 — 144 Balance, end of period $ 71,325 $ 20,704 $ 3,363 $ 2,776 $ 26,843 $ 1,390 $ 99,558 Liability for losses on CSO lender-owned consumer loans: Balance, beginning of period $ — $ 6,869 $ 39 $ — $ 6,908 $ — $ 6,908 Increase in liability — 249 9 — 258 — 258 Balance, end of period $ — $ 7,118 $ 48 $ — $ 7,166 $ — $ 7,166 Three Months Ended March 31, 2021 Revolving LOC Unsecured Installment Secured Installment Single-Pay Total Installment Other Total Allowance for loan losses: Balance, beginning of period $ 51,958 $ 24,073 $ 7,047 $ 3,084 $ 34,204 $ — $ 86,162 Charge-offs (28,714) (21,125) (6,343) (21,933) (49,401) (3,911) (82,026) Recoveries 7,507 6,617 2,544 21,254 30,415 1,810 39,732 Net charge-offs (21,207) (14,508) (3,799) (679) (18,986) (2,101) (42,294) Provision for losses 13,802 10,825 1,775 (207) 12,393 2,101 28,296 Effect of foreign currency translation 201 4 — 19 23 — 224 Balance, end of period $ 44,754 $ 20,394 $ 5,023 $ 2,217 $ 27,634 $ — $ 72,388 Liability for losses on CSO lender-owned consumer loans: Balance, beginning of period $ — $ 7,160 $ 68 $ — $ 7,228 $ — $ 7,228 Decrease in liability — (2,490) (11) — (2,501) — (2,501) Balance, end of period $ — $ 4,670 $ 57 $ — $ 4,727 $ — $ 4,727 As of March 31, 2022, Revolving LOC and Installment loans classified as nonaccrual were $6.7 million and $42.1 million, respectively. As of December 31, 2021, Revolving LOC and Installment loans classified as nonaccrual were $5.9 million and $41.4 million, respectively. The Company's loans receivable inherently considers nonaccrual loans in its estimate of the ALL as delinquencies are a primary input into the Company's roll rate-based model. TDR Loans Receivable The table below presents TDRs that are related to the Customer Care Program implemented in response to COVID-19, included in both gross loans receivable and the impairment included in the ALL (in thousands): As of March 31, 2022 As of December 31, 2021 Current TDR gross receivables $ 12,711 $ 11,580 Delinquent TDR gross receivables 4,771 5,066 Total TDR gross receivables 17,482 16,646 Less: Impairment included in the allowance for loan losses (4,031) (3,632) Less: Additional allowance (1,853) (2,212) Outstanding TDR receivables, net of impairment $ 11,598 $ 10,802 The tables below present loans modified and classified as TDRs during the periods presented (in thousands): Three Months Ended March 31, 2022 2021 Pre-modification TDR loans receivable $ 5,271 $ 4,819 Post-modification TDR loans receivable 4,791 4,274 Total concessions included in gross charge-offs $ 480 $ 545 There were $3.6 million and $4.8 million of loans classified as TDRs that were charged off and included as a reduction in the ALL during the three months ended March 31, 2022 and 2021, respectively. The Company had commitments to lend additional funds of approximately $2.3 million to customers with available and unfunded Revolving LOC loans classified as TDRs as of March 31, 2022. The table below presents the Company's average outstanding TDR loans receivable, interest income recognized on TDR loans and number of TDR loans for the periods presented (dollars in thousands): Three Months Ended March 31, 2022 2021 Average outstanding TDR loans receivable $ 17,064 $ 18,688 Interest income recognized 4,035 5,518 Number of TDR loans 3,424 3,780

CREDIT SERVICES ORGANIZATION

CREDIT SERVICES ORGANIZATION	3 Months Ended
	Mar. 31, 2022
Guarantees [Abstract]
CREDIT SERVICES ORGANIZATION	CREDIT SERVICES ORGANIZATION The CSO fee receivables were $5.1 million and $5.2 million at March 31, 2022 and December 31, 2021, respectively, and are reflected in "Prepaid expenses and other" in the unaudited Condensed Consolidated Balance Sheets. The Company bears the risk of loss through its guarantee to purchase customer loans that are charged-off. The terms of these loans range up to six months. See Note 1, "Summary of Significant Accounting Policies and Nature of Operations" of the 2021 Form 10-K for further details of the Company's accounting policy. As of March 31, 2022 and December 31, 2021, the incremental maximum amount payable under all such guarantees was $36.3 million and $38.4 million, respectively. This liability is not included in the Company's unaudited Condensed Consolidated Balance Sheets. If the Company is required to pay any portion of the total amount of the loans it has guaranteed, it will attempt to recover the entire amount or a portion from the applicable customers. The Company holds no collateral in respect of the guarantees. The Company estimates a liability for losses associated with the guaranty provided to the CSO lenders, which was $7.2 million and $6.9 million at March 31, 2022 and December 31, 2021, respectively. This liability is reflected in "Liability for losses on CSO lender-owned consumer loans" in the unaudited Condensed Consolidated Balance Sheets. Deferred revenue associated with the CSO program was immaterial as of March 31, 2022 and December 31, 2021, and there were no costs to obtain, or costs to fulfill, capitalized under the program. See Note 3, "Loans Receivable and Revenue"

DEBT

DEBT	3 Months Ended
	Mar. 31, 2022
Debt Disclosure [Abstract]
DEBT	DEBT LIBOR is expected to no longer be available after June 30, 2023. Certain of the Company's debt facilities, including the U.S. SPV, Senior Revolver and Heights Finance SPV, contain customary provisions to provide for replacement of LIBOR with an alternative benchmark rate when LIBOR ceases to be available. Refer to Note 1, "Summary of Significa nt Accounting Policies and Nature of Operations" for additional details on the transition from LIBOR. The Company's debt instruments and balances outstanding as of March 31, 2022 and December 31, 2021, including maturity date, effective interest rate and borrowing capacity were as follows (dollars in thousands): Effective interest rate Outstanding as of Maturity Date Borrowing Capacity March 31, 2022 December 31, 2021 Corporate Debt: 7.50% Senior Secured Notes August 1, 2028 7.50 % $ 1,000,000 $ 1,000,000 8.25% Senior Secured Notes September 1, 2025 8.25 % — — Total corporate debt 1,000,000 1,000,000 Funding Debt: U.S. SPV April 8, 2024 1-Mo LIBOR + 6.25% $200.0 million $ 49,456 $ 49,456 Canada SPV (1) August 2, 2026 3-Mo CDOR + 6.00% C$400.0 million 243,008 160,533 Curo Canada Revolving Credit Facility (1) On-demand Canada Prime Rate + 1.95% C$10.0 million — — Flexiti SPE (1) March 10, 2024 3-Mo CDOR + 4.40% C$500.0 million 238,261 176,625 Flexiti Securitization (1) December 9, 2025 1-Mo CDOR + 3.59% C$526.5 million 246,963 242,886 Heights Finance SPV December 31, 2024 1-Mo LIBOR + 5.25% $350.0 million 324,224 350,000 Senior Revolver June 30, 2022 1-Mo LIBOR + 5.00% $50.0 million 20,000 — Total funding debt $ 1,121,912 $ 979,500 Less: debt issuance costs (31,827) (33,707) Total Debt $ 2,090,085 $ 1,945,793 (1) Capacity amounts are denominated in Canadian dollars, while outstanding balances as of March 31, 2022 and December 31, 2021 are denominated in U.S. dollars. Corporate Debt 7.50% Senior Secured Notes In July 2021, the Company issued $750.0 million of 7.50% Senior Secured Notes which mature on August 1, 2028. Interest on the notes is payable semiannually, in arrears, on February 1 and August 1. In December 2021, the Company issued an additional $250.0 million of 7.50% Senior Secured Notes to fund the acquisition of Heights Finance. Refer to Note 14, "Acquisitions" for additional details. In connection with the 7.50% Senior Secured Notes, financing costs of $19.3 million were capitalized, net of amortization, and included in the unaudited Condensed Consolidated Balance Sheets as a component of "Debt." These costs are amortized over the term of the 7.50% Senior Secured Notes as a component of interest expense. 8.25% Senior Secured Notes In August 2018, the Company issued $690.0 million of 8.25% Senior Secured Notes maturing on September 1, 2025. In connection with the 8.25% Senior Secured Notes, the Company capitalized financing costs of $13.9 million, which were being amortized as a component of interest expense over its term. During the third quarter of 2021, the 8.25% Senior Secured Notes were extinguished using proceeds from the 7.50% Senior Secured Notes described above. The early extinguishment of the 8.25% Senior Secured Notes resulted in a loss of $40.2 million. Funding Debt As of March 31, 2022, the Company had five credit facilities whereby certain loans receivable were sold to wholly-owned VIEs to collateralize debt incurred under each facility. These facilities are the (i) U.S. SPV, (ii) Canada SPV, (iii) Flexiti SPE, (iv) Flexiti Securitization and (v) Heights Finance SPV. For further information on these facilities, refer to No te 2 , " Variable Interest Entities" . U.S. SPV In April 2020, CURO Receivables Finance II, LLC, a wholly-owned subsidiary of the Company, entered into the U.S. SPV. As of March 31, 2022, the U.S. SPV Facility provided for $200.0 million of borrowing capacity. As of March 31, 2022, the effective interest rate on the Company's borrowings was one-month LIBOR plus 6.25%. The borrower pays the lenders a monthly commitment fee at an annual rate of 0.50% on the unused portion of the commitments. The U.S. SPV matures on April 8, 2024. Canada SPV In August 2018, CURO Canada Receivables Limited Partnership, a wholly-owned subsidiary of the Company, entered into the Canada SPV. During the fourth quarter of 2021 and first quarter of 2022, the Company amended the existing credit facility in order to, among other things, (i) increase the borrowing capacity from C$175.0 million to C$400.0 million, (ii) reduce borrowing costs, and (iii) extend the initial maturity date by three years to August 2026. As of March 31, 2022, the effective interest rate was three-month CDOR plus 6.00%. The borrower also pays a 0.50% per annum commitment fee on the unused portion of the commitments. The Canada SPV matures on August 2, 2026. Flexiti SPE In March 2021, concurrently with the acquisition of Flexiti, Flexiti Financing SPE Corp., a wholly-owned Canadian subsidiary of the Company, refinanced and increased its Flexiti SPE to C$500.0 million, with a maturity on March 10, 2024. As of March 31, 2022, the effective interest rate was three-month CDOR plus 4.40%. The borrower also pays a 0.50% to 1.00% per annum commitment fee on the unused portion of the commitments. Flexiti Securitization In December 2021, Flexiti Securitization Limited Partnership, a wholly-owned Canadian subsidiary of the Company, entered into the Flexiti Securitization. The facility provides for C$526.5 million, with a maturity on December 9, 2025. As of March 31, 2022, the effective interest was one-month CDOR plus 3.59%. The borrower also pays a 0.45% per annum commitment fee on the unused portion of the commitments. Heights Finance SPV In December 2021, the Company acquired Heights Finance, including the Heights Finance SPV. Heights Finance entered into the Heights Finance SPV in December 2019 with a total revolving commitment of $350.0 million. The interest rate on the facility is one-month LIBOR plus 5.25%. Senior Revolver The Company maintains the Senior Revolver that provides $50.0 million of borrowing capacity, including up to $5.0 million of standby letters of credit, for a one-year term, renewable for successive terms following annual review. The current term expires June 30, 2022. The Senior Revolver accrues interest at one-month LIBOR plus 5.00%. The Senior Revolver is syndicated among four banks. The Senior Revolver is guaranteed by all subsidiaries that guarantee the 7.50% Senior Secured Notes, and is secured by a lien on substantially all assets of CURO and the guarantor subsidiaries that are senior to the lien securing the 7.50% Senior Secured Notes. CURO Canada Revolving Credit Facility CURO Canada maintains the Curo Canada Revolving Credit Facility, formerly known as the Cash Money Revolving Credit Facility, a C$10.0 million revolving credit facility, which provides short-term liquidity for the Company's Canadian direct lending operations. As of March 31, 2022, the borrowing capacity under the Curo Canada Revolving Credit Facility was C$9.9 million, net of C$0.1 million in outstanding stand-by letters of credit. The Curo Canada Revolving Credit Facility is collateralized by substantially all of CURO Canada’s assets and contains various covenants that require, among other things, that the aggregate borrowings outstanding under the facility not exceed the borrowing base, as well as restrictions on the encumbrance of assets and the creation of indebtedness. Borrowings under the Curo Canada Revolving Credit Facility bear interest per annum at the prime rate of a Canadian chartered bank plus 1.95%.

INCOME TAXES

INCOME TAXES	3 Months Ended
	Mar. 31, 2022
Income Tax Disclosure [Abstract]
INCOME TAXES	INCOME TAXES The Company's effective income tax rate was 45.3% and 24.7% for the three months ended March 31, 2022 and 2021, respectively. The effective income tax rate for the three months ended March 31, 2022, was higher compared to the blended federal and state/provincial statutory rate of approximately 26%, primarily as a result of lower income before tax combined with $0.3 million lost tax benefits of non-deductible officers’ compensation and $0.3 million tax expense related to share-based compensation. The effective income tax rate for the three months ended March 31, 2021 is generally consistent with the Company’s federal, state and provincial statutory rates, other than the release of a valuation allowance of $0.1 million against the income from its investment in Katapult and excess tax benefits related to share-based compensation of $0.3 million and $0.2 million tax expense related to the non-deductible transaction costs. The Company intends to reinvest Canada earnings indefinitely in its Canadian operations and therefore has not provided for any non-U.S. withholding tax that would be assessed on dividend distributions. If the accumulated earnings in Canada of $239.3 million were distributed to the U.S. legal entities, the Company would be subject to Canadian withholding taxes of an estimated $12.0 million. The determination of the U.S. state income taxes upon a potential foreign earnings distribution is impractical. In the event the earnings are distributed to the U.S. legal entities, the Company will adjust the income tax provision for the applicable period and determine the amount of foreign tax credit that would be available.

FAIR VALUE MEASUREMENTS

FAIR VALUE MEASUREMENTS	3 Months Ended
	Mar. 31, 2022
Fair Value Disclosures [Abstract]
FAIR VALUE MEASUREMENTS	FAIR VALUE MEASUREMENTS Fair value is defined as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants. The Company is required to use valuation techniques that are consistent with the market approach, income approach and/or cost approach. Inputs to valuation techniques refer to the assumptions that market participants would use in pricing the asset or liability based on observable market data obtained from independent sources, or unobservable, meaning those that reflect the Company's own judgment about the assumptions market participants would use in pricing the asset or liability based on the best information available for the specific circumstances. Accounting standards establish a three-level fair value hierarchy based upon the assumptions (inputs) used to price assets or liabilities. The hierarchy requires the Company to maximize the use of observable inputs and minimize the use of unobservable inputs. The three levels of inputs used to measure fair value are listed below. Level 1 – Inputs are unadjusted quoted prices in active markets for identical assets or liabilities that the Company has access to at the measurement date. Level 2 – Inputs include quoted market prices for similar assets or liabilities in active markets, quoted prices for identical or similar assets or liabilities in markets that are not active, inputs other than quoted prices that are observable for the asset or liability and inputs that are derived principally from or corroborated by observable market data by correlation or other means (market corroborated inputs). Level 3 – Unobservable inputs reflecting the Company's own judgments about the assumptions market participants would use in pricing the asset or liability as a result of limited market data. The Company develops these inputs based on the best information available, including its own data. Financial Assets and Liabilities Carried at Fair Value The table below presents the assets and liabilities that were carried at fair value on the unaudited Condensed Consolidated Balance Sheets at March 31, 2022 (in thousands): Estimated Fair Value Carrying Value March 31, Level 1 Level 2 Level 3 Total Financial assets: Cash Surrender Value of Life Insurance $ 7,940 $ 7,940 $ — $ — $ 7,940 Financial liabilities: Non-qualified deferred compensation plan $ 5,496 $ 5,496 $ — $ — $ 5,496 Contingent consideration related to acquisition 26,687 — — 26,687 26,687 Contingent consideration related to acquisition In connection with the acquisition of Flexiti during the first quarter of 2021, the Company recorded a liability for contingent consideration based on the achievement of revenue less NCOs and loan origination targets over the two years following closing of the acquisition that could result in additional cash consideration up to $32.8 million to Flexiti's former stockholders. The fair value of the liability is estimated using the option-based income approach using a Monte Carlo simulation model discounted back to the reporting date. The significant unobservable inputs (Level 3) used to estimate the fair value included the expected future tax benefits associated with the acquisition, the probability that the risk adjusted-revenue and origination targets will be achieved and discount rates. The contingent consideration measured at fair value using unobservable inputs increased from the initial measurement of $20.6 million as of March 31, 2021 to $26.7 million as of March 31, 2022. For additional information on Flexiti and the related contingent consideration, refer to Note 14, "Acquisitions." Cash Surrender Value of Life Insurance and Non-qualified deferred compensation plan The cash surrender value of life insurance is included in “Other assets” in the Company’s Consolidated Balance Sheets. The non-qualified deferred compensation plan offsetting liability is included in “Accounts payable and accrued liabilities” in the Company’s Consolidated Balance Sheets. The table below presents the assets and liabilities that were carried at fair value on the unaudited Condensed Consolidated Balance Sheets at December 31, 2021 (in thousands): Estimated Fair Value Carrying Value December 31, Level 1 Level 2 Level 3 Total Financial assets: Cash Surrender Value of Life Insurance $ 8,242 $ 8,242 $ — $ — $ 8,242 Financial liabilities: Non-qualified deferred compensation plan $ 5,109 $ 5,109 $ — $ — $ 5,109 Contingent consideration related to acquisition 26,508 — — 26,508 26,508 Financial Assets and Liabilities Not Carried at Fair Value The table below presents the assets and liabilities that were not carried at fair value on the unaudited Condensed Consolidated Balance Sheets at March 31, 2022 (in thousands): Estimated Fair Value Carrying Value March 31, Level 1 Level 2 Level 3 Total Financial assets: Cash and cash equivalents $ 60,209 $ 60,209 $ — $ — $ 60,209 Restricted cash 110,118 110,118 — — 110,118 Loans receivable, net 1,530,400 — — 1,530,400 1,530,400 Financial liabilities: Liability for losses on CSO lender-owned consumer loans $ 7,166 $ — $ — $ 7,166 $ 7,166 7.50% Senior Secured Notes 981,156 — 860,000 — 860,000 U.S. SPV 45,843 — — 49,456 49,456 Canada SPV 240,661 — — 243,008 243,008 Flexiti SPE 234,754 — — 238,261 238,261 Flexiti Securitization 243,447 — — 246,963 246,963 Heights Finance SPV 324,224 — — 324,224 324,224 Senior Revolver 20,000 — — 20,000 20,000 The table below presents the assets and liabilities that were not carried at fair value on the unaudited Condensed Consolidated Balance Sheets at December 31, 2021 (in thousands): Estimated Fair Value Carrying Value December 31, Level 1 Level 2 Level 3 Total Financial assets: Cash and cash equivalents $ 63,179 $ 63,179 $ — $ — $ 63,179 Restricted cash 98,896 98,896 — — 98,896 Loans receivable, net 1,460,758 — — 1,460,758 1,460,758 Financial liabilities: Liability for losses on CSO lender-owned consumer loans $ 6,908 $ — $ — $ 6,908 $ 6,908 7.50% Senior Secured Notes 980,721 — 1,005,700 — 1,005,700 U.S. SPV 45,392 — — 49,456 49,456 Canada SPV 157,813 — — 160,533 160,533 Flexiti SPE 172,739 — — 176,625 176,625 Flexiti Securitization 239,128 — — 242,886 242,886 Heights Finance SPV 350,000 — — 350,000 350,000 Loans Receivable, Net Loans receivable are carried on the unaudited Condensed Consolidated Balance Sheets net of the ALL. The unobservable inputs used to calculate the carrying values include quantitative factors, such as current default trends. Also considered in evaluating the accuracy of the models are changes to the loan portfolio mix, the impact of new loan products, changes to underwriting criteria or lending policies, new store development or entrance into new markets, changes in jurisdictional regulations or laws, recent credit trends and general economic conditions. The carrying value of loans receivable approximates their fair value. Refer to Note 3, "Loans Receivable and Revenue" for additional information. CSO Program In connection with CSO programs, the Company guarantees consumer loan payment obligations to unrelated third-party lenders for loans that the Company arranges for consumers on the third-party lenders’ behalf. The Company is required to purchase from the lender charged-off loans that it has guaranteed. Refer to Note 3, "Loans Receivable and Revenue" and Note 4, Credit Services Organization" for additional information. 7.50% Senior Secured Notes, U.S. SPV, Canada SPV, Flexiti SPE, Flexiti Securitization, Heights Finance SPV and Senior Revolver The fair value disclosure for the 7.50% Senior Secured Notes as of March 31, 2022 and December 31, 2021 were based on observable market trading data. The fair values of the U.S. SPV, Canada SPV, Flexiti SPE, Flexiti Securitization, Heights Finance SPV and Senior Revolver were based on the cash needed for their respective final settlements. Investment in Katapult The table below presents the Company's investment in Katapult (in thousands): Equity Method Investment Measurement Alternative (1) Total Investment in Katapult Balance at December 31, 2020 $ 7,762 $ 19,609 $ 27,371 Equity method income - Q1 2021 546 — 546 Balance at March 31, 2021 8,308 19,609 27,917 Equity method income - Q2 2021 1,712 — 1,712 Conversion of investment (2) 6,481 (19,609) (13,128) Balance at June 30, 2021 16,501 — 16,501 Equity method loss - Q3 2021 (1,582) — (1,582) Balance at September 30, 2021 14,919 — 14,919 Equity method income - Q4 2021 2,982 — 2,982 Purchases of common stock 9,999 — 9,999 Balance at December 31, 2021 27,900 — 27,900 Equity method income - Q1 2022 1,584 1,584 Balance at March 31, 2022 $ 29,484 $ — $ 29,484 Classification as of December 31, 2021 Level 3, not carried at fair value N/A Classification as of March 31, 2022 Level 3, not carried at fair value N/A (1) The Company elected to measure this equity security without a readily determinable fair value equal to its cost minus impairment. If the Company identifies an observable price change in orderly transactions for same or similar investment in Katapult, it will measure the equity security at fair value as of the date that the observable transaction occurred. (2) On June 9, 2021, Katapult completed its merger with FinServ. Immediately prior to the merger, the Company first converted all of its preferred stock and exercised all common stock warrants, and then exchanged all shares of Katapult common stock for $146.9 million in cash and 18.9 million shares of common stock in the resulting public company, Katapult (NASDAQ: KPLT). The Company's entire investment in Katapult is now accounted for under the equity method of accounting. The Company recorded a related net gain of $135.4 million on its equity method investment in Katapult, based on the pro rata cost basis of the investment and the discharge of the guarantee provided during the second quarter of 2021. The Company began investing in Katapult in 2017 and increased its investment through multiple private placement acquisitions. During the first quarter of 2021, the Company changed the two-month reporting lag to a one-quarter reporting lag, as discussed in Note 1, "Summary of Significant Accounting Policies and Nature of Operations." The Company recorded income of $1.6 million for the three months ended March 31, 2022 based on its share of Katapult’s earnings. During the fourth quarter of 2021, the Company purchased an additional 2.6 million shares of common stock of Katapult for an aggregate purchase price of $10.0 million. On June 9, 2021, Katapult completed its merger with FinServ. As a result, the Company received $146.9 million in cash and 18.9 million shares of common stock of the resulting public company, Katapult (NASDAQ: KPLT), which are subject to a six-month trading restriction. The Company recorded a related net gain of $135.4 million on its equity method investment in Katapult during the second quarter of 2021. Additionally, as part of the merger, CURO received 3.0 million earn-out warrants and holds two of the eight board of director seats for Katapult.

STOCKHOLDERS' EQUITY

STOCKHOLDERS' EQUITY	3 Months Ended
	Mar. 31, 2022
Equity [Abstract]
STOCKHOLDERS' EQUITY	STOCKHOLDERS' EQUITY The following table summarizes the changes in stockholders' equity for the three months ended March 31, 2022 and 2021 (in thousands, except Common Stock data): Common Stock Treasury Stock, at cost Paid-in capital Retained Earnings (Deficit) AOCI (1) Total Stockholders' Equity Shares Outstanding Par Value Balance at December 31, 2021 40,810,444 $ 23 $ (124,302) $ 113,520 $ 203,467 $ (32,378) $ 160,330 Net income — — — — 1,336 — 1,336 Foreign currency translation adjustment — — — — — 6,633 6,633 Dividends — — — — (4,791) — (4,791) Share-based compensation expense — — — 4,093 — — 4,093 Proceeds from exercise of stock options — — — — — — — Repurchase of common stock (824,477) — (12,530) — — — (12,530) Net settlement of share-based awards 362,815 — — (2,284) — — (2,284) Balance at March 31, 2022 40,348,782 $ 23 $ (136,832) $ 115,329 $ 200,012 $ (25,745) $ 152,787 (1) Accumulated other comprehensive income (loss) Common Stock Treasury Stock, at cost Paid-in capital Retained Earnings (Deficit) AOCI (1) Total Stockholders' Equity Shares Outstanding Par Value Balance at December 31, 2020 41,370,504 $ 9 $ (77,852) $ 79,812 $ 160,068 $ (30,132) $ 131,905 Net income — — — — 25,735 — 25,735 Foreign currency translation adjustment — — — — — 3,855 3,855 Dividends — — — — (2,368) — (2,368) Share-based compensation expense — — — 2,683 — — 2,683 Proceeds from exercise of stock options 15,852 — — 48 — — 48 Net settlement of share-based awards 237,423 — — (1,668) — — (1,668) Balance at March 31, 2021 41,623,779 $ 9 $ (77,852) $ 80,875 $ 183,435 $ (26,277) $ 160,190 (1) Accumulated other comprehensive income (loss) Dividends The table below summarizes the Company's quarterly dividends for 2022. Dividends Paid Date of declaration Stockholders of record Date paid Dividend per share (in thousands) Q1 2022 February 4, 2022 February 18, 2022 March 1, 2022 $ 0.11 $ 4,517 The table below summarizes the Company's quarterly dividends for 2021. Dividends Paid Date of declaration Stockholders of record Date paid Dividend per share (in thousands) Q1 2021 January 29, 2021 February 16, 2021 March 2, 2021 $ 0.055 $ 2,284 In April 2022, the Company's Board of Directors declared a dividend under the program of $0.11 per share. See Note 16, "Subsequent Events"

EARNINGS PER SHARE

EARNINGS PER SHARE	3 Months Ended
	Mar. 31, 2022
Earnings Per Share [Abstract]
EARNINGS PER SHARE	EARNINGS PER SHARE The following table presents the computation of basic and diluted earnings per share (in thousands, except per share amounts): Three Months Ended 2022 2021 Net income $ 1,336 $ 25,735 Weighted average common shares - basic 40,368 41,505 Dilutive effect of stock options and restricted stock units 940 2,091 Weighted average common shares - diluted 41,308 43,596 Earnings per share: Basic earnings per share $ 0.03 $ 0.62 Diluted earnings per share $ 0.03 $ 0.59 Potential shares of common stock that would have the effect of increasing diluted earnings per share or decreasing diluted loss per share are considered to be anti-dilutive; therefore, these shares are not included in calculating diluted earnings per share. For the three months ended March 31, 2022 and March 31, 2021, there were 1.2 million and 0.5 million, respectively, of potential shares of common stock excluded from the calculation of diluted earnings per share because their effect was anti-dilutive.

SEGMENT REPORTING

SEGMENT REPORTING	3 Months Ended
	Mar. 31, 2022
Segment Reporting [Abstract]
SEGMENT REPORTING	SEGMENT REPORTING Segment information is prepared on the same basis that the Company's CODM reviews financial information for operational decision making purposes, including revenues, net revenue, gross margin, segment operating income and other items. U.S. As of March 31, 2022, the Company operated a total of 550 U.S. retail locations and had an online presence in 27 states. The Company provides Revolving LOC loans and Installment loans, which include Single-Pay and vehicle title loans, customary opt-in insurance products, check cashing, money transfer services, reloadable prepaid debit cards and a number of other ancillary financial products and services to its customers in the U.S. Canada Direct Lending. As of March 31, 2022, the Company operated a total of 204 stores across eight Canadian provinces and had an online presence in eight provinces and one territory. The Company provides Revolving LOC and Installment loans, which include Single-Pay loans, optional credit protection insurance products to Revolving LOC and Installment loan customers, check cashing, money transfer services, foreign currency exchange, reloadable prepaid debit cards and a number of other ancillary financial products and services to its customers in Canada. Canada POS Lending. As of March 31, 2022, the Company served Canadian customers through POS financing available at nearly 7,700 retail locations and over 3,330 merchant partners across 10 provinces and two territories. The Company provides Revolving LOC loans and a number of other ancillary financial products to its customers in Canada. Results of operations for the three months ended March 31, 2021 from Canada POS Lending represent results from the date of Flexiti's acquisition, March 10, 2021, through March 31, 2021. The following table illustrates summarized financial information concerning reportable segments (in thousands): Three Months Ended 2022 2021 Revenues by segment: (1) U.S. $ 198,399 $ 136,492 Canada Direct Lending 71,488 58,440 Canada POS Lending 20,309 1,619 Consolidated revenue $ 290,196 $ 196,551 Net revenues by segment: U.S. $ 131,574 $ 110,436 Canada Direct Lending 49,496 49,206 Canada POS Lending 11,595 764 Consolidated net revenue $ 192,665 $ 160,406 Segment operating (loss) income: U.S. $ (5,468) $ 14,731 Canada Direct Lending 18,445 22,247 Canada POS Lending (10,535) (2,799) Consolidated operating income $ 2,442 $ 34,179 Expenditures for long-lived assets by segment: U.S. $ 4,082 $ 2,662 Canada Direct Lending 3,233 149 Canada POS Lending 4,224 419 Consolidated expenditures for long-lived assets $ 11,539 $ 3,230 (1) For revenue by product, see Note 3, "Loans Receivable and Revenue." The following table provides the proportion of gross loans receivable by segment (in thousands): March 31, December 31, U.S. $ 638,729 $ 661,945 Canada Direct Lending 448,063 427,197 Canada POS Lending 541,776 459,176 Total gross loans receivable $ 1,628,568 $ 1,548,318 The following table represents the Company's net long-lived assets, comprised of property and equipment, by segment. These amounts are aggregated on a legal entity basis and do not necessarily reflect where the asset is physically located (in thousands): March 31, December 31, U.S. $ 31,378 $ 32,753 Canada Direct Lending 22,480 21,072 Canada POS Lending 1,007 810 Total net long-lived assets $ 54,865 $ 54,635 The Company's CODM does not review assets by segment for purposes of allocating resources or decision-making purposes; therefore, total assets by segment are not disclosed.

COMMITMENTS AND CONTENGENCIES

COMMITMENTS AND CONTENGENCIES	3 Months Ended
	Mar. 31, 2022
Commitments and Contingencies Disclosure [Abstract]
COMMITMENTS AND CONTENGENCIES	COMMITMENTS AND CONTINGENCIES Securities Litigation and Enforcement In 2018, a putative securities fraud class action lawsuit was filed against the Company and certain of its officers and directors and other related parties in the United States District Court for the District of Kansas, captioned Yellowdog Partners, LP v. CURO Group Holdings Corp., Donald F. Gayhardt, William Baker and Roger W. Dean , Civil Action No. 18-2662 (the "Yellowdog Action"). The suit alleged the Company made misleading statements and omitted material information regarding the Company's efforts to transition the Canadian inventory of products from Installment loans to Revolving LOC loans. In December 2020, the Court granted final approval of the $9.0 million settlement and dismissed the case with prejudice. The Company's directors' and officers' insurance policy required the Company to pay the first $2.5 million in fees and settlement and the insurance carriers paid the remaining amounts. For the three months ended March 31, 2022, there was no further expense related to the litigation. In June and July 2020, three shareholder derivative lawsuits were filed in the United States District Court for the District of Delaware against the Company, certain of its directors and officers, and in two of the three lawsuits, a large stockholder. Plaintiffs generally allege the same underlying facts of the Yellowdog Action. In July 2021, the derivative lawsuits were voluntarily dismissed and Plaintiffs refiled two cases in the United States District Court for the District of Kansas. In April 2022, the Company reached an agreement in principle with the plaintiffs to settle these actions. The settlement, which will include no admission of liability or wrongdoing by the Company, will be subject to Court approval. All amounts payable by the Company under the settlement will be paid by the Company's insurers. The section of the Company's website entitled "Investors—Corporate Governance," will include up-to-date information following Court approval. City of Austin The Company was cited in July 2016 by the City of Austin, Texas for alleged violations of an Austin ordinance addressing products offered by CSOs, which regulates aspects of products offered under the Company's CAB program. The Company believes that: (i) the Austin ordinance (similar to its counterparts elsewhere in Texas) conflicts with Texas state law and (ii) in any event, the Company's product complies with this ordinance, when the ordinance is properly construed. In 2017, the Austin Municipal Court agreed with the Company's position that this ordinance conflicts with Texas law and, accordingly, did not address the second argument. In September 2017, the Travis County Court reversed the Municipal Court’s decision and remanded the case for further proceedings. To date, a hearing and trial on the merits have not been scheduled. In May 2020, the City of Austin proposed a second ordinance that became effective June 1, 2020 and implemented restrictions on CSO transactions and revised certain definitions included in the original Austin ordinance. These revisions potentially affect the foundation upon which the Company's previous arguments in municipal court were based. In June 2021, the Company launched a new product in the City of Austin to better adhere to the updated ordinance. The City commenced audits of the new product in January 2022. Based on a fully compliant audit conducted in Q1 of 2022, all suits against the Company, alleging violations of the city’s CSO ordinance, were dismissed on March 24, 2022. Given the change the Company has made in its products in response to these ordinances, successful audits and the cases being dismissed, the Company does not anticipate that the CAB program’s past operations will result in material monetary liability in Austin or elsewhere in Texas at this time. Other Legal Matters

LEASES

LEASES	3 Months Ended
	Mar. 31, 2022
Leases [Abstract]
Leases	LEASES Leases entered into by the Company are primarily for retail stores in certain U.S. states and Canadian provinces. Leases classified as finance leases were immaterial to the Company as of March 31, 2022. Operating leases expire at various times through 2033. Operating leases are included in "Right of use asset - operating leases" and "Lease liability - operating leases" in the unaudited Condensed Consolidated Balance Sheets. Operating lease costs are included in "Occupancy" in the unaudited Condensed Consolidated Statement of Operations. The majority of leases have an original term up to five years plus renewal options for additional similar terms. The following table summarizes the operating lease costs and other information for the three months ended March 31, 2022 and March 31, 2021 (dollars in thousands): Three Months Ended 2022 2021 Operating lease costs: Third-Party $ 9,479 $ 8,003 Related-Party 827 847 Total operating lease costs $ 10,306 $ 8,850 Cash paid for amounts included in the measurement of operating lease liabilities $ 10,925 $ 9,381 ROU assets obtained $ 5,424 $ 2,803 Weighted average remaining lease term - Operating leases 4.9 years 5.5 years Weighted average discount rate - Operating leases 7.9 % 9.5 % The following table summarizes the aggregate operating lease payments that the Company was contractually obligated to make under operating leases as of March 31, 2022 (in thousands): Third-Party Related-Party Total Remainder of 2022 $ 29,240 $ 2,640 $ 31,880 2023 33,138 1,333 34,471 2024 25,303 973 26,276 2025 17,668 870 18,538 2026 11,889 883 12,772 2027 8,462 798 9,260 Thereafter 15,381 995 16,376 Total 141,081 8,492 149,573 Less: Imputed interest (27,145) (1,835) (28,980) Operating lease liabilities $ 113,936 $ 6,657 $ 120,593 There were no material leases entered into subsequent to the balance sheet date.

GOODWILL

GOODWILL	3 Months Ended
	Mar. 31, 2022
Goodwill and Intangible Assets Disclosure [Abstract]
GOODWILL	GOODWILL The change in the carrying amount of goodwill by operating segment for the three months ended March 31, 2022 was as follows (in thousands): U.S. Canada Direct Lending Canada POS Lending Total Goodwill at December 31, 2021 $ 359,779 $ 30,105 $ 39,908 $ 429,792 Foreign currency translation — 505 670 1,175 Goodwill at March 31, 2022 $ 359,779 $ 30,610 $ 40,578 $ 430,967 The Company tests goodwill at least annually for potential impairment, as of October 1, and more frequently if indicators are present or changes in circumstances suggest that impairment may exist. The indicators include, among others, declines in sales, earning or cash flows or the development of a material adverse change in business climate. The Company assesses goodwill for impairment at the reporting unit level, which is defined as an operating segment or one level below an operating segment, referred to as a reporting unit. See Note 1, "Summary of Significant Accounting Policies and Nature of Operations" of the 2021 Form 10-K for additional information on the Company's policy for assessing goodwill for impairment. In the first quarter of 2022, the Company performed an interim review of triggering events for each reporting unit, which would indicate whether a quantitative or qualitative assessment of goodwill impairment was necessary. As a result of the interim triggering event review, the Company concluded an additional assessment was not necessary and did not record an impairment loss during the three months ended March 31, 2022. Flexiti Acquisition The Company completed the acquisition of Flexiti on March 10, 2021, resulting in $39.9 million of goodwill as of December 31, 2021, based on the excess of the purchase price of the business combination over the fair value of the acquired net assets. Goodwill of $39.9 million was net of $4.5 million adjustments upon the conclusion of the measurement period, and $0.5 million of foreign currency translation impact as of December 31, 2021. See Note 14, "Acquisitions" for more information related to the business combination. Heights Finance Acquisition The Company completed the acquisition of Heights Finance on December 27, 2021. Provisional goodwill was estimated at $253.9 million, based on the preliminary valuation. See Note 14, "Acquisitions"

ACQUISITIONS

ACQUISITIONS	3 Months Ended
	Mar. 31, 2022
Business Combination and Asset Acquisition [Abstract]
ACQUISITIONS	ACQUISITIONS Flexiti On March 10, 2021, the Company acquired 100% of the outstanding stock of Flexiti. The fair value of total consideration paid was $86.5 million in cash, $6.3 million in debt costs and $20.6 million in contingent cash consideration subject to future operating metrics, including revenue less NCOs and loan originations. Flexiti provides POS financing solution to retailers across Canada. The Company began consolidating the financial results of Flexiti in the unaudited Condensed Consolidated Financial Statements on March 10, 2021. For additional information, see Note 15, "Acquisitions" of the 2021 Form 10-K. Heights Finance On December 27, 2021, the Company acquired 100% of the outstanding stock of Heights Finance for $360.0 million, consisting of $335.0 million in cash and $25.0 million of our common stock. Heights Finance is a consumer finance company that provides secured and unsecured Installment loans to near-prime and non-prime consumers, and offers customary opt-in insurance and other financial products across 390 branches in 11 U.S. states. The Company began consolidating the financial results of Heights Finance in the Consolidated Financial Statements on December 27, 2021 within the U.S. operating segment. For additional information, see Note 15, "Acquisitions" of the 2021 Form 10-K.

SHARE REPURCHASE PROGRAM

SHARE REPURCHASE PROGRAM	3 Months Ended
	Mar. 31, 2022
Equity [Abstract]
SHARE REPURCHASE PROGRAM	SHARE REPURCHASE PROGRAM In February 2022, the Company's Board of Directors authorized a new share repurchase program for the repurchase of up to $25.0 million of CURO common stock. There have been no repurchases under this program as of March 31, 2022. The repurchase will commence at the Company's discretion and continue until completed or terminated. The Company expects the purchases to be made from time-to-time in the open market and/or in privately negotiated transactions at the Company's discretion, subject to market conditions and other factors. Any repurchased shares will be available for use in connection with equity plans and for other corporate purposes. In May 2021, the Company's Board of Directors authorized a share repurchase program for up to $50.0 million of its common stock. The program commenced in June 2021 and was completed in February 2022. The table below summarizes share repurchase activity in the $50.0 million repurchase program during the three months ended March 31, 2022 (in thousands, except for per share amounts and number of share amounts): Three Months Ended Total number of shares repurchased 824,477 Average price paid per share $ 15.20 Total value of shares repurchased $ 12,530 There were no share repurchases during the three months ended March 31, 2021.

SUBSEQUENT EVENTS

SUBSEQUENT EVENTS	3 Months Ended
	Mar. 31, 2022
Subsequent Events [Abstract]
SUBSEQUENT EVENTS	SUBSEQUENT EVENTS Shareholder Derivative Lawsuits See Note 11, " Commitments and Contingencies" regarding recent activity in the shareholder derivative lawsuits. Dividend

SUMMARY OF SIGNIFICANT ACCOUN_2

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES AND NATURE OF OPERATIONS (Policies)	3 Months Ended
	Mar. 31, 2022
Accounting Policies [Abstract]
Basis of Presentation	Basis of Presentation The Company has prepared the accompanying unaudited Condensed Consolidated Financial Statements in accordance with U.S. GAAP and the accounting policies described in its 2021 Form 10-K. Interim results of operations are not necessarily indicative of results that might be expected for future interim periods or for the year ending December 31, 2022. While certain information and note disclosures normally included in annual financial statements prepared in accordance with U.S. GAAP have been condensed or omitted, the Company believes that the disclosures are adequate to enable a reasonable understanding of the information presented.
Principles of Consolidation	Principles of Consolidation The unaudited Condensed Consolidated Financial Statements reflect the accounts of CURO and its direct and indirect subsidiaries, including Heights Finance, which was acquired on December 27, 2021, and Flexiti, which was acquired on March 10, 2021. Refer to Note 14, "Acquisitions" for further disclosures related to these acquisitions. Intercompany transactions and balances have been eliminated in consolidation.
Use of Estimates	Use of EstimatesThe preparation of the unaudited Condensed Consolidated Financial Statements in conformity with U.S. GAAP requires management to make estimates and assumptions, including those impacted by COVID-19, that affect the reported amounts of assets and liabilities and the disclosure of contingent assets and liabilities at the date of the financial statements. Some estimates may also affect the reported amounts of revenues and expenses during the periods presented. Significant estimates that the Company made in the accompanying unaudited Condensed Consolidated Financial Statements include ALL, certain assumptions related to equity investments, goodwill and intangibles, accruals related to self-insurance, CSO liability for losses, estimated tax liabilities and the accounting for the Heights Finance and Flexiti acquisitions. Actual results may differ from those estimates.
Acquisitions	Heights Finance On December 27, 2021, CURO closed its acquisition of Heights Finance, a consumer finance company that provides Installment loans and offers customary opt-in insurance and other financial products, in a transaction accounted for as a business combination. Refer to Note 14, "Acquisitions" for further information regarding the acquisition and Note 13, "Goodwill" for the impact to the Company's goodwill balance as the result of the acquisition. Flexiti
Recently Adopted Accounting Pronouncements and Recently Issued Accounting Pronouncements Not Yet Adopted	Recently Issued Accounting Pronouncements Not Yet Adopted ASU 2016-13 and subsequent amendments In June 2016, the FASB issued ASU 2016-13, Financial Instruments - Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments, and subsequent amendments to the guidance: ASU 2018-19 in November 2018, ASU 2019-04 in April 2019, ASU 2019-05 in May 2019, ASU 2019-10 and -11 in November 2019, ASU 2020-02 in February 2020 and ASU 2022-02 in March 2022. The amended standard changes how entities will measure credit losses for most financial assets and certain other instruments that are not measured at fair value through net income. The standard will replace the current “incurred loss” approach with an “expected loss” model for instruments measured at amortized cost. The amendment will affect loans, debt securities, trade receivables, net investments in leases, off-balance sheet credit exposures, reinsurance receivables and any other financial assets not excluded from the scope that have the contractual right to receive cash. ASU 2019-10 amended the mandatory effective date for ASU 2016-13. As a result, ASU 2016-13 and related amendments are effective for fiscal years beginning after December 15, 2022 for entities that qualified as an smaller reporting company as of June 30, 2019, such as the Company. ASU 2016-13 and its amendments should be applied on either a prospective transition or modified-retrospective approach depending on the subtopic. Early adoption is permitted. The Company is evaluating its alternatives with respect to the available accounting methods under ASU 2016-13, including the fair value option. If the fair value option is not utilized, adoption of ASU 2016-13 will increase the allowance for credit losses, with a resulting negative adjustment to retained earnings on the date of adoption. The Company deferred the adoption of ASU 2016-13 as permitted under ASU 2019-10. The Company is currently assessing the impact that adoption of ASU 2016-13 will have on its financial statements. ASU 2022-02, Financial Instruments-Credit Losses (Topic 326): Troubled Debt Restructurings and Vintage Disclosures , eliminated the accounting guidance on TDRs for creditors and amended the guidance on vintage disclosures for financing receivables to require disclosure of current-period gross write-offs by year of origination. Additionally, the amendments in ASU 2022-02 require enhanced disclosures for creditors with respect to loan refinancing and restructuring for borrowers experiencing financial difficulty. ASU 2022-02 and its amendments should be applied on a prospective basis and are effective upon adoption of ASU 2016-13. The Company is currently assessing the impact that adoption of ASU 2022-02 will have on its financial statements. ASU 2020-04 and subsequent amendments In March 2020, the FASB issued ASU 2020-04, Reference Rate Reform - Facilitation of the Effects of Reference Rate Reform on Financial Reporting. This ASU provides temporary optional expedients and exceptions to U.S. GAAP guidance on contract modifications and hedge accounting to ease the financial reporting burdens of the upcoming market transition from LIBOR and other interbank offered rates to alternative reference rates, such as SOFR. Entities can elect to not apply certain modification accounting requirements to contracts affected by this reference rate reform, if certain criteria are met. An entity that makes this election would not have to remeasure the contracts at the modification date or reassess a previous accounting determination. Entities also can elect various optional expedients that would allow them to continue applying hedge accounting for hedging relationships affected by reference rate reform if certain criteria are met. The guidance is effective upon issuance and generally can be applied through December 31, 2022. The FASB also issued ASU 2021-01, Reference Rate Reform (Topic 848) : Scope in January 2021. It clarifies that certain optional expedients and exceptions in Topic 848 apply to derivatives that are affected by the discounting transition. The amendments in this ASU affect the guidance in ASU 2020-04 and are effective in the same timeframe as ASU 2020-04. The Company anticipates transitioning applicable debt facilities from LIBOR to SOFR and currently does not expect the adoption of these ASUs to have a material impact on its financial statements. ASU 2021-08 In October 2021, the FASB issued ASU 2021-08, Business Combinations (Topic 805): Accounting for Contract Assets and Contract Liabilities from Contracts with Customers , which requires an acquirer in a business combination to recognize and measure contract assets and contract liabilities in accordance with ASC 606, Revenue from Contracts with Customers . ASU 2021-08 is effective for fiscal years beginning after December 15, 2022 and early adoption is permitted. While the Company is continuing to assess the timing of adoption and the potential impacts of ASU 2021-08, it does not expect ASU 2021-08 to have a material effect, if any, on its financial statements.
Variable Interest Entities	The Company has determined that it is the primary beneficiary of the VIEs and is required to consolidate them. The Company includes the assets and liabilities related to the VIEs in the unaudited Condensed Consolidated Financial Statements.
Fair Value of Financial Instruments	Fair value is defined as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants. The Company is required to use valuation techniques that are consistent with the market approach, income approach and/or cost approach. Inputs to valuation techniques refer to the assumptions that market participants would use in pricing the asset or liability based on observable market data obtained from independent sources, or unobservable, meaning those that reflect the Company's own judgment about the assumptions market participants would use in pricing the asset or liability based on the best information available for the specific circumstances. Accounting standards establish a three-level fair value hierarchy based upon the assumptions (inputs) used to price assets or liabilities. The hierarchy requires the Company to maximize the use of observable inputs and minimize the use of unobservable inputs. The three levels of inputs used to measure fair value are listed below. Level 1 – Inputs are unadjusted quoted prices in active markets for identical assets or liabilities that the Company has access to at the measurement date. Level 2 – Inputs include quoted market prices for similar assets or liabilities in active markets, quoted prices for identical or similar assets or liabilities in markets that are not active, inputs other than quoted prices that are observable for the asset or liability and inputs that are derived principally from or corroborated by observable market data by correlation or other means (market corroborated inputs).

VARIABLE INTEREST ENTITIES (Tab

VARIABLE INTEREST ENTITIES (Tables)	3 Months Ended
	Mar. 31, 2022
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Summary of the Carrying Amounts of Consolidated VIEs' Assets and Liabilities	The carrying amounts of consolidated VIEs' assets and liabilities were as follows (in thousands): March 31, December 31, Assets Restricted cash $ 64,141 $ 57,155 Loans receivable, net 1,317,943 1,228,088 Intercompany receivable (1) 245,389 48,333 Prepaid expenses and other 4,781 — Deferred tax assets 107 — Total Assets $ 1,632,361 $ 1,333,576 Liabilities Accounts payable and accrued liabilities $ 10,243 $ 9,886 Deferred revenue 114 106 Deferred tax liability — 269 Accrued interest 3,975 3,279 Income taxes payable 1,826 — Debt 1,088,929 965,072 Total Liabilities $ 1,105,087 $ 978,612 (1) Intercompany receivable VIE balances eliminate upon consolidation.

LOANS RECEIVABLE AND REVENUE (T

LOANS RECEIVABLE AND REVENUE (Tables)	3 Months Ended
	Mar. 31, 2022
Receivables [Abstract]
Summary of Revenue by Product	The following table summarizes revenue by product (in thousands): Three Months Ended March 31, 2022 2021 Revolving LOC $ 91,023 $ 62,735 Unsecured Installment 121,329 76,394 Secured Installment 26,307 15,027 Single-Pay 26,297 24,967 Total Installment 173,933 116,388 Insurance revenue 18,260 11,601 Other 6,980 5,827 Total revenue (1) $ 290,196 $ 196,551 (1) Includes revenue from CSO programs of $49.0 million and $41.4 million for the three months ended March 31, 2022 and 2021, respectively.
Summary of Loans Receivable by Product and Related Delinquent Loans	The following tables summarize loans receivable by product and the related delinquent loans receivable (in thousands): March 31, 2022 Revolving LOC Unsecured Installment Secured Installment Single-Pay (1) Total Installment - Company Owned Total Current loans receivable $ 943,761 $ 348,487 $ 111,483 $ 40,389 $ 500,359 $ 1,444,120 Delinquent loans receivable 71,577 91,778 21,093 — 112,871 184,448 Total loans receivable 1,015,338 440,265 132,576 40,389 613,230 1,628,568 Less: allowance for losses (71,325) (20,704) (3,363) (2,776) (26,843) (98,168) Loans receivable, net $ 944,013 $ 419,561 $ 129,213 $ 37,613 $ 586,387 $ 1,530,400 (1) Of the $40.4 million of Single-Pay receivables, $11.1 million relate to mandated extended payment options for certain Canada Single-Pay loans. March 31, 2022 Revolving LOC Unsecured Installment Secured Installment Total Installment - Company Owned Total Delinquent loans receivable 1-30 days past-due $ 31,959 $ 38,700 $ 11,689 $ 50,389 $ 82,348 31-60 days past-due 16,616 13,898 3,926 17,824 34,440 61-90 days past-due 14,684 13,763 2,910 16,673 31,357 91 + days past-due 8,318 25,417 2,568 27,985 36,303 Total delinquent loans receivable $ 71,577 $ 91,778 $ 21,093 $ 112,871 $ 184,448 December 31, 2021 Revolving LOC Unsecured Installment Secured Installment Single-Pay (1) Total Installment - Company Owned Total Current loans receivable $ 843,379 $ 359,512 $ 110,232 $ 42,463 $ 512,207 $ 1,355,586 Delinquent loans receivable 70,734 98,174 23,824 — 121,998 192,732 Total loans receivable 914,113 457,686 134,056 42,463 634,205 1,548,318 Less: allowance for losses (68,140) (13,387) (3,327) (2,706) (19,420) (87,560) Loans receivable, net $ 845,973 $ 444,299 $ 130,729 $ 39,757 $ 614,785 $ 1,460,758 (1) Of the $42.5 million of Single-Pay receivables, $11.3 million relate to mandated extended payment options for certain Canada Single-Pay loans. December 31, 2021 Revolving LOC Unsecured Installment Secured Installment Total Installment - Company Owned Total Delinquent loans receivable 1-30 days past-due $ 35,657 $ 45,160 $ 13,213 $ 58,373 $ 94,030 31-60 days past-due 15,452 16,646 4,539 21,185 36,637 61-90 days past-due 13,397 13,933 3,213 17,146 30,543 91 + days past-due 6,228 22,435 2,859 25,294 31,522 Total delinquent loans receivable $ 70,734 $ 98,174 $ 23,824 $ 121,998 $ 192,732 The following tables summarize loans Guaranteed by the Company under CSO programs and the related delinquent receivables (in thousands): March 31, 2022 Unsecured Installment Secured Installment Total Installment - Guaranteed by the Company Current loans receivable Guaranteed by the Company $ 35,180 $ 1,009 $ 36,189 Delinquent loans receivable Guaranteed by the Company 7,986 245 8,231 Total loans receivable Guaranteed by the Company 43,166 1,254 44,420 Less: Liability for losses on CSO lender-owned consumer loans (7,118) (48) (7,166) Loans receivable Guaranteed by the Company, net $ 36,048 $ 1,206 $ 37,254 March 31, 2022 Unsecured Installment Secured Installment Total Installment - Guaranteed by the Company Delinquent loans receivable 1-30 days past-due $ 6,043 $ 187 $ 6,230 31-60 days past-due 1,225 12 1,237 61-90 days past-due 557 36 593 91 + days past-due 161 10 171 Total delinquent loans receivable $ 7,986 $ 245 $ 8,231 December 31, 2021 Unsecured Installment Secured Installment Total Installment - Guaranteed by the Company Current loans receivable Guaranteed by the Company $ 37,303 $ 799 $ 38,102 Delinquent loans receivable Guaranteed by the Company 8,011 204 8,215 Total loans receivable Guaranteed by the Company 45,314 1,003 46,317 Less: Liability for losses on CSO lender-owned consumer loans (6,869) (39) (6,908) Loans receivable Guaranteed by the Company, net $ 38,445 $ 964 $ 39,409 December 31, 2021 Unsecured Installment Secured Installment Total Installment - Guaranteed by the Company Delinquent loans receivable 1-30 days past-due $ 6,633 $ 162 $ 6,795 31-60 days past-due 1,003 28 1,031 61-90 days past-due 277 8 285 91 + days past-due 98 6 104 Total delinquent loans receivable $ 8,011 $ 204 $ 8,215
Summary of Activity in Allowance for Loan Losses, Credit Services Organization Guarantee Liability	The following tables summarize activity in the ALL and the liability for losses on CSO lender-owned consumer loans in total (in thousands): Three Months Ended March 31, 2022 Revolving LOC Unsecured Installment Secured Installment Single-Pay Total Installment Other Total Allowance for loan losses: Balance, beginning of period $ 68,140 $ 13,387 $ 3,327 $ 2,706 $ 19,420 $ — $ 87,560 Charge-offs (42,387) (28,313) (6,783) (24,113) (59,209) (1,813) (103,409) Recoveries 8,015 8,023 3,146 19,744 30,913 553 39,481 Net charge-offs (34,372) (20,290) (3,637) (4,369) (28,296) (1,260) (63,928) Provision for losses 37,447 27,603 3,673 4,409 35,685 2,650 75,782 Effect of foreign currency translation 110 4 — 30 34 — 144 Balance, end of period $ 71,325 $ 20,704 $ 3,363 $ 2,776 $ 26,843 $ 1,390 $ 99,558 Liability for losses on CSO lender-owned consumer loans: Balance, beginning of period $ — $ 6,869 $ 39 $ — $ 6,908 $ — $ 6,908 Increase in liability — 249 9 — 258 — 258 Balance, end of period $ — $ 7,118 $ 48 $ — $ 7,166 $ — $ 7,166 Three Months Ended March 31, 2021 Revolving LOC Unsecured Installment Secured Installment Single-Pay Total Installment Other Total Allowance for loan losses: Balance, beginning of period $ 51,958 $ 24,073 $ 7,047 $ 3,084 $ 34,204 $ — $ 86,162 Charge-offs (28,714) (21,125) (6,343) (21,933) (49,401) (3,911) (82,026) Recoveries 7,507 6,617 2,544 21,254 30,415 1,810 39,732 Net charge-offs (21,207) (14,508) (3,799) (679) (18,986) (2,101) (42,294) Provision for losses 13,802 10,825 1,775 (207) 12,393 2,101 28,296 Effect of foreign currency translation 201 4 — 19 23 — 224 Balance, end of period $ 44,754 $ 20,394 $ 5,023 $ 2,217 $ 27,634 $ — $ 72,388 Liability for losses on CSO lender-owned consumer loans: Balance, beginning of period $ — $ 7,160 $ 68 $ — $ 7,228 $ — $ 7,228 Decrease in liability — (2,490) (11) — (2,501) — (2,501) Balance, end of period $ — $ 4,670 $ 57 $ — $ 4,727 $ — $ 4,727
Financing Receivable, Troubled Debt Restructuring	The table below presents TDRs that are related to the Customer Care Program implemented in response to COVID-19, included in both gross loans receivable and the impairment included in the ALL (in thousands): As of March 31, 2022 As of December 31, 2021 Current TDR gross receivables $ 12,711 $ 11,580 Delinquent TDR gross receivables 4,771 5,066 Total TDR gross receivables 17,482 16,646 Less: Impairment included in the allowance for loan losses (4,031) (3,632) Less: Additional allowance (1,853) (2,212) Outstanding TDR receivables, net of impairment $ 11,598 $ 10,802 The tables below present loans modified and classified as TDRs during the periods presented (in thousands): Three Months Ended March 31, 2022 2021 Pre-modification TDR loans receivable $ 5,271 $ 4,819 Post-modification TDR loans receivable 4,791 4,274 Total concessions included in gross charge-offs $ 480 $ 545 The table below presents the Company's average outstanding TDR loans receivable, interest income recognized on TDR loans and number of TDR loans for the periods presented (dollars in thousands): Three Months Ended March 31, 2022 2021 Average outstanding TDR loans receivable $ 17,064 $ 18,688 Interest income recognized 4,035 5,518 Number of TDR loans 3,424 3,780

DEBT (Tables)

DEBT (Tables)	3 Months Ended
	Mar. 31, 2022
Debt Disclosure [Abstract]
Schedule of Long-term Debt Instruments	The Company's debt instruments and balances outstanding as of March 31, 2022 and December 31, 2021, including maturity date, effective interest rate and borrowing capacity were as follows (dollars in thousands): Effective interest rate Outstanding as of Maturity Date Borrowing Capacity March 31, 2022 December 31, 2021 Corporate Debt: 7.50% Senior Secured Notes August 1, 2028 7.50 % $ 1,000,000 $ 1,000,000 8.25% Senior Secured Notes September 1, 2025 8.25 % — — Total corporate debt 1,000,000 1,000,000 Funding Debt: U.S. SPV April 8, 2024 1-Mo LIBOR + 6.25% $200.0 million $ 49,456 $ 49,456 Canada SPV (1) August 2, 2026 3-Mo CDOR + 6.00% C$400.0 million 243,008 160,533 Curo Canada Revolving Credit Facility (1) On-demand Canada Prime Rate + 1.95% C$10.0 million — — Flexiti SPE (1) March 10, 2024 3-Mo CDOR + 4.40% C$500.0 million 238,261 176,625 Flexiti Securitization (1) December 9, 2025 1-Mo CDOR + 3.59% C$526.5 million 246,963 242,886 Heights Finance SPV December 31, 2024 1-Mo LIBOR + 5.25% $350.0 million 324,224 350,000 Senior Revolver June 30, 2022 1-Mo LIBOR + 5.00% $50.0 million 20,000 — Total funding debt $ 1,121,912 $ 979,500 Less: debt issuance costs (31,827) (33,707) Total Debt $ 2,090,085 $ 1,945,793 (1) Capacity amounts are denominated in Canadian dollars, while outstanding balances as of March 31, 2022 and December 31, 2021 are denominated in U.S. dollars.

FAIR VALUE MEASUREMENTS (Tables

FAIR VALUE MEASUREMENTS (Tables)	3 Months Ended
	Mar. 31, 2022
Fair Value Disclosures [Abstract]
Summary of Assets and Liabilities Not Measured at Fair Value	The table below presents the assets and liabilities that were carried at fair value on the unaudited Condensed Consolidated Balance Sheets at March 31, 2022 (in thousands): Estimated Fair Value Carrying Value March 31, Level 1 Level 2 Level 3 Total Financial assets: Cash Surrender Value of Life Insurance $ 7,940 $ 7,940 $ — $ — $ 7,940 Financial liabilities: Non-qualified deferred compensation plan $ 5,496 $ 5,496 $ — $ — $ 5,496 Contingent consideration related to acquisition 26,687 — — 26,687 26,687 The table below presents the assets and liabilities that were carried at fair value on the unaudited Condensed Consolidated Balance Sheets at December 31, 2021 (in thousands): Estimated Fair Value Carrying Value December 31, Level 1 Level 2 Level 3 Total Financial assets: Cash Surrender Value of Life Insurance $ 8,242 $ 8,242 $ — $ — $ 8,242 Financial liabilities: Non-qualified deferred compensation plan $ 5,109 $ 5,109 $ — $ — $ 5,109 Contingent consideration related to acquisition 26,508 — — 26,508 26,508 The table below presents the assets and liabilities that were not carried at fair value on the unaudited Condensed Consolidated Balance Sheets at March 31, 2022 (in thousands): Estimated Fair Value Carrying Value March 31, Level 1 Level 2 Level 3 Total Financial assets: Cash and cash equivalents $ 60,209 $ 60,209 $ — $ — $ 60,209 Restricted cash 110,118 110,118 — — 110,118 Loans receivable, net 1,530,400 — — 1,530,400 1,530,400 Financial liabilities: Liability for losses on CSO lender-owned consumer loans $ 7,166 $ — $ — $ 7,166 $ 7,166 7.50% Senior Secured Notes 981,156 — 860,000 — 860,000 U.S. SPV 45,843 — — 49,456 49,456 Canada SPV 240,661 — — 243,008 243,008 Flexiti SPE 234,754 — — 238,261 238,261 Flexiti Securitization 243,447 — — 246,963 246,963 Heights Finance SPV 324,224 — — 324,224 324,224 Senior Revolver 20,000 — — 20,000 20,000 The table below presents the assets and liabilities that were not carried at fair value on the unaudited Condensed Consolidated Balance Sheets at December 31, 2021 (in thousands): Estimated Fair Value Carrying Value December 31, Level 1 Level 2 Level 3 Total Financial assets: Cash and cash equivalents $ 63,179 $ 63,179 $ — $ — $ 63,179 Restricted cash 98,896 98,896 — — 98,896 Loans receivable, net 1,460,758 — — 1,460,758 1,460,758 Financial liabilities: Liability for losses on CSO lender-owned consumer loans $ 6,908 $ — $ — $ 6,908 $ 6,908 7.50% Senior Secured Notes 980,721 — 1,005,700 — 1,005,700 U.S. SPV 45,392 — — 49,456 49,456 Canada SPV 157,813 — — 160,533 160,533 Flexiti SPE 172,739 — — 176,625 176,625 Flexiti Securitization 239,128 — — 242,886 242,886 Heights Finance SPV 350,000 — — 350,000 350,000
Summary of Equity Method Investments	The table below presents the Company's investment in Katapult (in thousands): Equity Method Investment Measurement Alternative (1) Total Investment in Katapult Balance at December 31, 2020 $ 7,762 $ 19,609 $ 27,371 Equity method income - Q1 2021 546 — 546 Balance at March 31, 2021 8,308 19,609 27,917 Equity method income - Q2 2021 1,712 — 1,712 Conversion of investment (2) 6,481 (19,609) (13,128) Balance at June 30, 2021 16,501 — 16,501 Equity method loss - Q3 2021 (1,582) — (1,582) Balance at September 30, 2021 14,919 — 14,919 Equity method income - Q4 2021 2,982 — 2,982 Purchases of common stock 9,999 — 9,999 Balance at December 31, 2021 27,900 — 27,900 Equity method income - Q1 2022 1,584 1,584 Balance at March 31, 2022 $ 29,484 $ — $ 29,484 Classification as of December 31, 2021 Level 3, not carried at fair value N/A Classification as of March 31, 2022 Level 3, not carried at fair value N/A (1) The Company elected to measure this equity security without a readily determinable fair value equal to its cost minus impairment. If the Company identifies an observable price change in orderly transactions for same or similar investment in Katapult, it will measure the equity security at fair value as of the date that the observable transaction occurred. (2) On June 9, 2021, Katapult completed its merger with FinServ. Immediately prior to the merger, the Company first converted all of its preferred stock and exercised all common stock warrants, and then exchanged all shares of Katapult common stock for $146.9 million in cash and 18.9 million shares of common stock in the resulting public company, Katapult (NASDAQ: KPLT). The Company's entire investment in Katapult is now accounted for under the equity method of accounting. The Company recorded a related net gain of $135.4 million on its equity method investment in Katapult, based on the pro rata cost basis of the investment and the discharge of the guarantee provided during the second quarter of 2021.

STOCKHOLDERS' EQUITY (Tables)

STOCKHOLDERS' EQUITY (Tables)	3 Months Ended
	Mar. 31, 2022
Equity [Abstract]
Schedule of Stockholders Equity	The following table summarizes the changes in stockholders' equity for the three months ended March 31, 2022 and 2021 (in thousands, except Common Stock data): Common Stock Treasury Stock, at cost Paid-in capital Retained Earnings (Deficit) AOCI (1) Total Stockholders' Equity Shares Outstanding Par Value Balance at December 31, 2021 40,810,444 $ 23 $ (124,302) $ 113,520 $ 203,467 $ (32,378) $ 160,330 Net income — — — — 1,336 — 1,336 Foreign currency translation adjustment — — — — — 6,633 6,633 Dividends — — — — (4,791) — (4,791) Share-based compensation expense — — — 4,093 — — 4,093 Proceeds from exercise of stock options — — — — — — — Repurchase of common stock (824,477) — (12,530) — — — (12,530) Net settlement of share-based awards 362,815 — — (2,284) — — (2,284) Balance at March 31, 2022 40,348,782 $ 23 $ (136,832) $ 115,329 $ 200,012 $ (25,745) $ 152,787 (1) Accumulated other comprehensive income (loss) Common Stock Treasury Stock, at cost Paid-in capital Retained Earnings (Deficit) AOCI (1) Total Stockholders' Equity Shares Outstanding Par Value Balance at December 31, 2020 41,370,504 $ 9 $ (77,852) $ 79,812 $ 160,068 $ (30,132) $ 131,905 Net income — — — — 25,735 — 25,735 Foreign currency translation adjustment — — — — — 3,855 3,855 Dividends — — — — (2,368) — (2,368) Share-based compensation expense — — — 2,683 — — 2,683 Proceeds from exercise of stock options 15,852 — — 48 — — 48 Net settlement of share-based awards 237,423 — — (1,668) — — (1,668) Balance at March 31, 2021 41,623,779 $ 9 $ (77,852) $ 80,875 $ 183,435 $ (26,277) $ 160,190 (1) Accumulated other comprehensive income (loss)
Schedule of Dividends	The table below summarizes the Company's quarterly dividends for 2022. Dividends Paid Date of declaration Stockholders of record Date paid Dividend per share (in thousands) Q1 2022 February 4, 2022 February 18, 2022 March 1, 2022 $ 0.11 $ 4,517 The table below summarizes the Company's quarterly dividends for 2021. Dividends Paid Date of declaration Stockholders of record Date paid Dividend per share (in thousands) Q1 2021 January 29, 2021 February 16, 2021 March 2, 2021 $ 0.055 $ 2,284

EARNINGS PER SHARE (Tables)

EARNINGS PER SHARE (Tables)	3 Months Ended
	Mar. 31, 2022
Earnings Per Share [Abstract]
Schedule of Earnings Per Share, Basic and Diluted	The following table presents the computation of basic and diluted earnings per share (in thousands, except per share amounts): Three Months Ended 2022 2021 Net income $ 1,336 $ 25,735 Weighted average common shares - basic 40,368 41,505 Dilutive effect of stock options and restricted stock units 940 2,091 Weighted average common shares - diluted 41,308 43,596 Earnings per share: Basic earnings per share $ 0.03 $ 0.62 Diluted earnings per share $ 0.03 $ 0.59

SEGMENT REPORTING (Tables)

SEGMENT REPORTING (Tables)	3 Months Ended
	Mar. 31, 2022
Segment Reporting [Abstract]
Summary of Financial Information by Segment	The following table illustrates summarized financial information concerning reportable segments (in thousands): Three Months Ended 2022 2021 Revenues by segment: (1) U.S. $ 198,399 $ 136,492 Canada Direct Lending 71,488 58,440 Canada POS Lending 20,309 1,619 Consolidated revenue $ 290,196 $ 196,551 Net revenues by segment: U.S. $ 131,574 $ 110,436 Canada Direct Lending 49,496 49,206 Canada POS Lending 11,595 764 Consolidated net revenue $ 192,665 $ 160,406 Segment operating (loss) income: U.S. $ (5,468) $ 14,731 Canada Direct Lending 18,445 22,247 Canada POS Lending (10,535) (2,799) Consolidated operating income $ 2,442 $ 34,179 Expenditures for long-lived assets by segment: U.S. $ 4,082 $ 2,662 Canada Direct Lending 3,233 149 Canada POS Lending 4,224 419 Consolidated expenditures for long-lived assets $ 11,539 $ 3,230 (1) For revenue by product, see Note 3, "Loans Receivable and Revenue." The following table provides the proportion of gross loans receivable by segment (in thousands): March 31, December 31, U.S. $ 638,729 $ 661,945 Canada Direct Lending 448,063 427,197 Canada POS Lending 541,776 459,176 Total gross loans receivable $ 1,628,568 $ 1,548,318
Summary of Long-lived Assets by Geographic Region	The following table represents the Company's net long-lived assets, comprised of property and equipment, by segment. These amounts are aggregated on a legal entity basis and do not necessarily reflect where the asset is physically located (in thousands): March 31, December 31, U.S. $ 31,378 $ 32,753 Canada Direct Lending 22,480 21,072 Canada POS Lending 1,007 810 Total net long-lived assets $ 54,865 $ 54,635

LEASES (Tables)

LEASES (Tables)	3 Months Ended
	Mar. 31, 2022
Leases [Abstract]
Summary of Operating Lease Costs	The following table summarizes the operating lease costs and other information for the three months ended March 31, 2022 and March 31, 2021 (dollars in thousands): Three Months Ended 2022 2021 Operating lease costs: Third-Party $ 9,479 $ 8,003 Related-Party 827 847 Total operating lease costs $ 10,306 $ 8,850 Cash paid for amounts included in the measurement of operating lease liabilities $ 10,925 $ 9,381 ROU assets obtained $ 5,424 $ 2,803 Weighted average remaining lease term - Operating leases 4.9 years 5.5 years Weighted average discount rate - Operating leases 7.9 % 9.5 %
Summary of Future Minimum Lease Payments, ASC 842	The following table summarizes the aggregate operating lease payments that the Company was contractually obligated to make under operating leases as of March 31, 2022 (in thousands): Third-Party Related-Party Total Remainder of 2022 $ 29,240 $ 2,640 $ 31,880 2023 33,138 1,333 34,471 2024 25,303 973 26,276 2025 17,668 870 18,538 2026 11,889 883 12,772 2027 8,462 798 9,260 Thereafter 15,381 995 16,376 Total 141,081 8,492 149,573 Less: Imputed interest (27,145) (1,835) (28,980) Operating lease liabilities $ 113,936 $ 6,657 $ 120,593

GOODWILL (Tables)

GOODWILL (Tables)	3 Months Ended
	Mar. 31, 2022
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule of Goodwill	The change in the carrying amount of goodwill by operating segment for the three months ended March 31, 2022 was as follows (in thousands): U.S. Canada Direct Lending Canada POS Lending Total Goodwill at December 31, 2021 $ 359,779 $ 30,105 $ 39,908 $ 429,792 Foreign currency translation — 505 670 1,175 Goodwill at March 31, 2022 $ 359,779 $ 30,610 $ 40,578 $ 430,967

SHARE REPURCHASE PROGRAM (Table

SHARE REPURCHASE PROGRAM (Tables)	3 Months Ended
	Mar. 31, 2022
Equity [Abstract]
Schedule of Share Repurchase Program	The table below summarizes share repurchase activity in the $50.0 million repurchase program during the three months ended March 31, 2022 (in thousands, except for per share amounts and number of share amounts): Three Months Ended Total number of shares repurchased 824,477 Average price paid per share $ 15.20 Total value of shares repurchased $ 12,530 There were no share repurchases during the three months ended March 31, 2021.

VARIABLE INTEREST ENTITIES - Ca

VARIABLE INTEREST ENTITIES - Carrying Amounts of Consolidated VIE Assets and Liabilities (Details) $ in Thousands	Mar. 31, 2022USD ($)facility	Dec. 31, 2021USD ($)	Mar. 31, 2021USD ($)
Variable Interest Entity [Line Items]
Number of credit facilities held | facility	5
Assets
Restricted cash	$ 110,118	$ 98,896	$ 80,401
Loans receivable, net	1,530,400	1,460,758
Prepaid expenses and other	40,112	42,038
Deferred tax assets	20,066	15,639
Total Assets	2,542,365	2,460,596
Liabilities
Accounts payable and accrued liabilities	84,783	121,434
Deferred revenue	24,265	21,649
Deferred tax liability	5,839	6,044
Accrued interest	16,481	34,974
Income taxes payable	1,826	0
Debt	2,090,085	1,945,793
Total Liabilities	$ 2,389,578	2,300,266
Variable Interest Entity
Variable Interest Entity [Line Items]
Number of credit facilities held | facility	5
Assets
Restricted cash	$ 64,141	57,155	$ 47,600
Loans receivable, net	1,317,943	1,228,088
Intercompany receivable	245,389	48,333
Prepaid expenses and other	4,781	0
Deferred tax assets	107	0
Total Assets	1,632,361	1,333,576
Liabilities
Accounts payable and accrued liabilities	10,243	9,886
Deferred revenue	114	106
Deferred tax liability	0	269
Accrued interest	3,975	3,279
Debt	1,088,929	965,072
Total Liabilities	$ 1,105,087	$ 978,612

LOANS RECEIVABLE AND REVENUE -

LOANS RECEIVABLE AND REVENUE - Revenue by Product (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Revenue from External Customer [Line Items]
Revenue	$ 290,196	$ 196,551
Credit Services Organization Programs
Revenue from External Customer [Line Items]
Revenue	49,000	41,400
Consumer Portfolio Segment | Revolving LOC
Revenue from External Customer [Line Items]
Revenue	91,023	62,735
Consumer Portfolio Segment | Total Installment
Revenue from External Customer [Line Items]
Revenue	173,933	116,388
Consumer Portfolio Segment | Unsecured Installment
Revenue from External Customer [Line Items]
Revenue	121,329	76,394
Consumer Portfolio Segment | Secured Installment
Revenue from External Customer [Line Items]
Revenue	26,307	15,027
Consumer Portfolio Segment | Single-Pay
Revenue from External Customer [Line Items]
Revenue	26,297	24,967
Unallocated Financing Receivables | Insurance revenue
Revenue from External Customer [Line Items]
Revenue	18,260	11,601
Unallocated Financing Receivables | Other
Revenue from External Customer [Line Items]
Revenue	$ 6,980	$ 5,827

LOANS RECEIVABLE AND REVENUE _2

LOANS RECEIVABLE AND REVENUE - Loans Receivable by Product and Delinquency (Details) - USD ($) $ in Thousands	Mar. 31, 2022	Dec. 31, 2021
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total gross loans receivable	$ 1,628,568	$ 1,548,318
Less: allowance for losses	(98,168)	(87,560)
Loans receivable, net	1,530,400	1,460,758
Current loans receivable
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total gross loans receivable	1,444,120	1,355,586
Delinquent loans receivable
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total gross loans receivable	184,448	192,732
Consumer Portfolio Segment | Delinquent loans receivable
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total gross loans receivable	184,448	192,732
Consumer Portfolio Segment | Revolving LOC
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total gross loans receivable	1,015,338	914,113
Less: allowance for losses	(71,325)	(68,140)
Loans receivable, net	944,013	845,973
Consumer Portfolio Segment | Revolving LOC | Current loans receivable
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total gross loans receivable	943,761	843,379
Consumer Portfolio Segment | Revolving LOC | Delinquent loans receivable
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total gross loans receivable	71,577	70,734
Consumer Portfolio Segment | Total Installment - Company Owned
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total gross loans receivable	613,230	634,205
Less: allowance for losses	(26,843)	(19,420)
Loans receivable, net	586,387	614,785
Consumer Portfolio Segment | Total Installment - Company Owned | Current loans receivable
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total gross loans receivable	500,359	512,207
Consumer Portfolio Segment | Total Installment - Company Owned | Delinquent loans receivable
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total gross loans receivable	112,871	121,998
Consumer Portfolio Segment | Unsecured Installment
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total gross loans receivable	440,265	457,686
Less: allowance for losses	(20,704)	(13,387)
Loans receivable, net	419,561	444,299
Consumer Portfolio Segment | Unsecured Installment | Current loans receivable
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total gross loans receivable	348,487	359,512
Consumer Portfolio Segment | Unsecured Installment | Delinquent loans receivable
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total gross loans receivable	91,778	98,174
Consumer Portfolio Segment | Secured Installment
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total gross loans receivable	132,576	134,056
Less: allowance for losses	(3,363)	(3,327)
Loans receivable, net	129,213	130,729
Consumer Portfolio Segment | Secured Installment | Current loans receivable
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total gross loans receivable	111,483	110,232
Consumer Portfolio Segment | Secured Installment | Delinquent loans receivable
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total gross loans receivable	21,093	23,824
Consumer Portfolio Segment | Single-Pay
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total gross loans receivable	40,389	42,463
Less: allowance for losses	(2,776)	(2,706)
Loans receivable, net	37,613	39,757
Consumer Portfolio Segment | Single-Pay | Current loans receivable
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total gross loans receivable	40,389	42,463
Consumer Portfolio Segment | Single-Pay | Delinquent loans receivable
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total gross loans receivable	0	0
Consumer Portfolio Segment | Single-Pay | Canada
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total gross loans receivable	$ 11,100	$ 11,300

LOANS RECEIVABLE AND REVENUE _3

LOANS RECEIVABLE AND REVENUE - Delinquent Loans - Aging Analysis (Details) - USD ($) $ in Thousands	Mar. 31, 2022	Dec. 31, 2021
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total gross loans receivable	$ 1,628,568	$ 1,548,318
Delinquent loans receivable
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total gross loans receivable	184,448	192,732
91 + days past-due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total gross loans receivable	36,303	31,522
Consumer Portfolio Segment | Delinquent loans receivable
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total gross loans receivable	184,448	192,732
Consumer Portfolio Segment | 1-30 days past-due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total gross loans receivable	82,348	94,030
Consumer Portfolio Segment | 31-60 days past-due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total gross loans receivable	34,440	36,637
Consumer Portfolio Segment | 61-90 days past-due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total gross loans receivable	31,357	30,543
Consumer Portfolio Segment | Revolving LOC
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total gross loans receivable	1,015,338	914,113
Consumer Portfolio Segment | Revolving LOC | Delinquent loans receivable
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total gross loans receivable	71,577	70,734
Consumer Portfolio Segment | Revolving LOC | 1-30 days past-due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total gross loans receivable	31,959	35,657
Consumer Portfolio Segment | Revolving LOC | 31-60 days past-due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total gross loans receivable	16,616	15,452
Consumer Portfolio Segment | Revolving LOC | 61-90 days past-due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total gross loans receivable	14,684	13,397
Consumer Portfolio Segment | Revolving LOC | 91 + days past-due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total gross loans receivable	8,318	6,228
Consumer Portfolio Segment | Total Installment - Company Owned
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total gross loans receivable	613,230	634,205
Consumer Portfolio Segment | Total Installment - Company Owned | Delinquent loans receivable
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total gross loans receivable	112,871	121,998
Consumer Portfolio Segment | Total Installment - Company Owned | 1-30 days past-due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total gross loans receivable	50,389	58,373
Consumer Portfolio Segment | Total Installment - Company Owned | 31-60 days past-due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total gross loans receivable	17,824	21,185
Consumer Portfolio Segment | Total Installment - Company Owned | 61-90 days past-due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total gross loans receivable	16,673	17,146
Consumer Portfolio Segment | Total Installment - Company Owned | 91 + days past-due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total gross loans receivable	27,985	25,294
Consumer Portfolio Segment | Unsecured Installment
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total gross loans receivable	440,265	457,686
Consumer Portfolio Segment | Unsecured Installment | Delinquent loans receivable
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total gross loans receivable	91,778	98,174
Consumer Portfolio Segment | Unsecured Installment | 1-30 days past-due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total gross loans receivable	38,700	45,160
Consumer Portfolio Segment | Unsecured Installment | 31-60 days past-due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total gross loans receivable	13,898	16,646
Consumer Portfolio Segment | Unsecured Installment | 61-90 days past-due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total gross loans receivable	13,763	13,933
Consumer Portfolio Segment | Unsecured Installment | 91 + days past-due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total gross loans receivable	25,417	22,435
Consumer Portfolio Segment | Secured Installment
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total gross loans receivable	132,576	134,056
Consumer Portfolio Segment | Secured Installment | Delinquent loans receivable
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total gross loans receivable	21,093	23,824
Consumer Portfolio Segment | Secured Installment | 1-30 days past-due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total gross loans receivable	11,689	13,213
Consumer Portfolio Segment | Secured Installment | 31-60 days past-due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total gross loans receivable	3,926	4,539
Consumer Portfolio Segment | Secured Installment | 61-90 days past-due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total gross loans receivable	2,910	3,213
Consumer Portfolio Segment | Secured Installment | 91 + days past-due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total gross loans receivable	$ 2,568	$ 2,859

LOANS RECEIVABLE AND REVENUE _4

LOANS RECEIVABLE AND REVENUE - Narrative (Details) - Consumer Portfolio Segment - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021	Dec. 31, 2021
Credit Services Organization Programs
Financing Receivable, Troubled Debt Restructuring [Line Items]
TDRs that were charged off	$ 3.6	$ 4.8
Installment
Financing Receivable, Troubled Debt Restructuring [Line Items]
Loans classified as nonaccrual	42.1		$ 41.4
Revolving LOC
Financing Receivable, Troubled Debt Restructuring [Line Items]
Loans classified as nonaccrual	6.7		$ 5.9
Open-End | Credit Services Organization Programs
Financing Receivable, Troubled Debt Restructuring [Line Items]
Commitment to lend additional funds	$ 2.3

LOANS RECEIVABLE AND REVENUE _5

LOANS RECEIVABLE AND REVENUE - Loans Receivable by Product, Credit Services Organization (Details) - USD ($) $ in Thousands	Mar. 31, 2022	Dec. 31, 2021	Mar. 31, 2021	Dec. 31, 2020
Accounts, Notes, Loans and Financing Receivable [Line Items]
Current loans receivable Guaranteed by the Company	$ 36,189	$ 38,102
Delinquent loans receivable Guaranteed by the Company	8,231	8,215
Total loans receivable Guaranteed by the Company	44,420	46,317
Less: Liability for losses on CSO lender-owned consumer loans	(7,166)	(6,908)
Loans receivable Guaranteed by the Company, net	37,254	39,409
Consumer Portfolio Segment
Accounts, Notes, Loans and Financing Receivable [Line Items]
Less: Liability for losses on CSO lender-owned consumer loans	(7,166)	(6,908)	$ (4,727)	$ (7,228)
Consumer Portfolio Segment | Unsecured Installment
Accounts, Notes, Loans and Financing Receivable [Line Items]
Current loans receivable Guaranteed by the Company	35,180	37,303
Delinquent loans receivable Guaranteed by the Company	7,986	8,011
Total loans receivable Guaranteed by the Company	43,166	45,314
Less: Liability for losses on CSO lender-owned consumer loans	(7,118)	(6,869)	(4,670)	(7,160)
Loans receivable Guaranteed by the Company, net	36,048	38,445
Consumer Portfolio Segment | Secured Installment
Accounts, Notes, Loans and Financing Receivable [Line Items]
Current loans receivable Guaranteed by the Company	1,009	799
Delinquent loans receivable Guaranteed by the Company	245	204
Total loans receivable Guaranteed by the Company	1,254	1,003
Less: Liability for losses on CSO lender-owned consumer loans	(48)	(39)	$ (57)	$ (68)
Loans receivable Guaranteed by the Company, net	$ 1,206	$ 964

LOANS RECEIVABLE AND REVENUE _6

LOANS RECEIVABLE AND REVENUE - Delinquent Loans, Credit Services Organization - Aging Analysis (Details) - USD ($) $ in Thousands	Mar. 31, 2022	Dec. 31, 2021
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable Guaranteed by the Company	$ 44,420	$ 46,317
Delinquent loans receivable Guaranteed by the Company	8,231	8,215
Delinquent loans receivable
Accounts, Notes, Loans and Financing Receivable [Line Items]
Delinquent loans receivable Guaranteed by the Company	8,231
1-30 days past-due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Delinquent loans receivable Guaranteed by the Company	6,230
31-60 days past-due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Delinquent loans receivable Guaranteed by the Company	1,237
61-90 days past-due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Delinquent loans receivable Guaranteed by the Company	593
91 + days past-due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Delinquent loans receivable Guaranteed by the Company	171
Consumer Portfolio Segment | Delinquent loans receivable
Accounts, Notes, Loans and Financing Receivable [Line Items]
Delinquent loans receivable Guaranteed by the Company		8,215
Consumer Portfolio Segment | 1-30 days past-due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Delinquent loans receivable Guaranteed by the Company		6,795
Consumer Portfolio Segment | 31-60 days past-due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Delinquent loans receivable Guaranteed by the Company		1,031
Consumer Portfolio Segment | 61-90 days past-due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Delinquent loans receivable Guaranteed by the Company		285
Consumer Portfolio Segment | 91 + days past-due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Delinquent loans receivable Guaranteed by the Company		104
Consumer Portfolio Segment | Unsecured Installment
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable Guaranteed by the Company	43,166	45,314
Delinquent loans receivable Guaranteed by the Company	7,986	8,011
Consumer Portfolio Segment | Unsecured Installment | Delinquent loans receivable
Accounts, Notes, Loans and Financing Receivable [Line Items]
Delinquent loans receivable Guaranteed by the Company	7,986	8,011
Consumer Portfolio Segment | Unsecured Installment | 1-30 days past-due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Delinquent loans receivable Guaranteed by the Company	6,043	6,633
Consumer Portfolio Segment | Unsecured Installment | 31-60 days past-due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Delinquent loans receivable Guaranteed by the Company	1,225	1,003
Consumer Portfolio Segment | Unsecured Installment | 61-90 days past-due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Delinquent loans receivable Guaranteed by the Company	557	277
Consumer Portfolio Segment | Unsecured Installment | 91 + days past-due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Delinquent loans receivable Guaranteed by the Company	161	98
Consumer Portfolio Segment | Secured Installment
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable Guaranteed by the Company	1,254	1,003
Delinquent loans receivable Guaranteed by the Company	245	204
Consumer Portfolio Segment | Secured Installment | Delinquent loans receivable
Accounts, Notes, Loans and Financing Receivable [Line Items]
Delinquent loans receivable Guaranteed by the Company	245	204
Consumer Portfolio Segment | Secured Installment | 1-30 days past-due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Delinquent loans receivable Guaranteed by the Company	187	162
Consumer Portfolio Segment | Secured Installment | 31-60 days past-due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Delinquent loans receivable Guaranteed by the Company	12	28
Consumer Portfolio Segment | Secured Installment | 61-90 days past-due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Delinquent loans receivable Guaranteed by the Company	36	8
Consumer Portfolio Segment | Secured Installment | 91 + days past-due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Delinquent loans receivable Guaranteed by the Company	$ 10	$ 6

LOANS RECEIVABLE AND REVENUE _7

LOANS RECEIVABLE AND REVENUE - Allowance For Doubtful Accounts - CSO Guarantee Liability (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Allowance for loan losses:
Provision for losses	$ 97,531	$ 36,145
Liability for losses on CSO lender-owned consumer loans:
Balance, beginning of period	6,908
Balance, end of period	7,166
Consumer Portfolio Segment
Allowance for loan losses:
Balance, beginning of period	87,560	86,162
Charge-offs	(103,409)	(82,026)
Recoveries	39,481	39,732
Net charge-offs	(63,928)	(42,294)
Provision for losses	75,782	28,296
Effect of foreign currency translation	144	224
Balance, end of period	99,558	72,388
Liability for losses on CSO lender-owned consumer loans:
Balance, beginning of period	6,908	7,228
Increase (decrease) in liability	258	(2,501)
Balance, end of period	7,166	4,727
Consumer Portfolio Segment | Revolving LOC
Allowance for loan losses:
Balance, beginning of period	68,140	51,958
Charge-offs	(42,387)	(28,714)
Recoveries	8,015	7,507
Net charge-offs	(34,372)	(21,207)
Provision for losses	37,447	13,802
Effect of foreign currency translation	110	201
Balance, end of period	71,325	44,754
Liability for losses on CSO lender-owned consumer loans:
Balance, beginning of period	0	0
Increase (decrease) in liability	0	0
Balance, end of period	0	0
Consumer Portfolio Segment | Total Installment
Allowance for loan losses:
Balance, beginning of period	19,420	34,204
Charge-offs	(59,209)	(49,401)
Recoveries	30,913	30,415
Net charge-offs	(28,296)	(18,986)
Provision for losses	35,685	12,393
Effect of foreign currency translation	34	23
Balance, end of period	26,843	27,634
Liability for losses on CSO lender-owned consumer loans:
Balance, beginning of period	6,908	7,228
Increase (decrease) in liability	258	(2,501)
Balance, end of period	7,166	4,727
Consumer Portfolio Segment | Unsecured Installment
Allowance for loan losses:
Balance, beginning of period	13,387	24,073
Charge-offs	(28,313)	(21,125)
Recoveries	8,023	6,617
Net charge-offs	(20,290)	(14,508)
Provision for losses	27,603	10,825
Effect of foreign currency translation	4	4
Balance, end of period	20,704	20,394
Liability for losses on CSO lender-owned consumer loans:
Balance, beginning of period	6,869	7,160
Increase (decrease) in liability	249	(2,490)
Balance, end of period	7,118	4,670
Consumer Portfolio Segment | Secured Installment
Allowance for loan losses:
Balance, beginning of period	3,327	7,047
Charge-offs	(6,783)	(6,343)
Recoveries	3,146	2,544
Net charge-offs	(3,637)	(3,799)
Provision for losses	3,673	1,775
Effect of foreign currency translation	0	0
Balance, end of period	3,363	5,023
Liability for losses on CSO lender-owned consumer loans:
Balance, beginning of period	39	68
Increase (decrease) in liability	9	(11)
Balance, end of period	48	57
Consumer Portfolio Segment | Single-Pay
Allowance for loan losses:
Balance, beginning of period	2,706	3,084
Charge-offs	(24,113)	(21,933)
Recoveries	19,744	21,254
Net charge-offs	(4,369)	(679)
Provision for losses	4,409	(207)
Effect of foreign currency translation	30	19
Balance, end of period	2,776	2,217
Liability for losses on CSO lender-owned consumer loans:
Balance, beginning of period	0	0
Increase (decrease) in liability	0	0
Balance, end of period	0	0
Consumer Portfolio Segment | Other
Allowance for loan losses:
Balance, beginning of period	0	0
Charge-offs	(1,813)	(3,911)
Recoveries	553	1,810
Net charge-offs	(1,260)	(2,101)
Provision for losses	2,650	2,101
Effect of foreign currency translation	0	0
Balance, end of period	1,390	0
Liability for losses on CSO lender-owned consumer loans:
Balance, beginning of period	0	0
Increase (decrease) in liability	0	0
Balance, end of period	$ 0	$ 0

LOANS RECEIVABLE AND REVENUE _8

LOANS RECEIVABLE AND REVENUE - TDR Loans Receivable (Details) - Consumer Portfolio Segment - Credit Services Organization Programs - USD ($) $ in Thousands	Mar. 31, 2022	Dec. 31, 2021
Financing Receivable, Troubled Debt Restructuring [Line Items]
Total TDR gross receivables	$ 17,482	$ 16,646
Less: Impairment included in the allowance for loan losses	(4,031)	(3,632)
Less: Additional allowance	(1,853)	(2,212)
Outstanding TDR receivables, net of impairment	11,598	10,802
Current loans receivable
Financing Receivable, Troubled Debt Restructuring [Line Items]
Current TDR gross receivables	12,711	11,580
Delinquent loans receivable
Financing Receivable, Troubled Debt Restructuring [Line Items]
Delinquent TDR gross receivables	$ 4,771	$ 5,066

LOANS RECEIVABLE AND REVENUE _9

LOANS RECEIVABLE AND REVENUE - New Loans Modified and Classified as TDRs (Details) - Consumer Portfolio Segment - Credit Services Organization Programs - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Financing Receivable, Troubled Debt Restructuring [Line Items]
Pre-modification TDR loans receivable	$ 5,271	$ 4,819
Post-modification TDR loans receivable	4,791	4,274
Total concessions included in gross charge-offs	$ 480	$ 545

LOANS RECEIVABLE AND REVENUE_10

LOANS RECEIVABLE AND REVENUE - Outstanding TDR Loans Receivable and Interest Income (Details) - Credit Services Organization Programs - Consumer Portfolio Segment $ in Thousands	3 Months Ended
	Mar. 31, 2022USD ($)contract	Mar. 31, 2021USD ($)contract
Financing Receivable, Troubled Debt Restructuring [Line Items]
Average outstanding TDR loans receivable	$ 17,064	$ 18,688
Interest income recognized	$ 4,035	$ 5,518
Number of TDR loans | contract	3,424	3,780

CREDIT SERVICES ORGANIZATION (D

CREDIT SERVICES ORGANIZATION (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2022	Dec. 31, 2021
Accounts, Notes, Loans and Financing Receivable [Line Items]
Credit services organization, fees receivable	$ 5,100	$ 5,200
Guarantor obligations, maximum exposure, undiscounted	36,300	38,400
Liability for losses on CSO lender-owned consumer	7,166	6,908
Amounts placed in collateral accounts	$ 5,600	$ 5,500
Maximum
Accounts, Notes, Loans and Financing Receivable [Line Items]
CSO program loan terms	6 months

DEBT - Schedule of Long Term De

DEBT - Schedule of Long Term Debt (Details) $ in Thousands, $ in Thousands	3 Months Ended
	Mar. 31, 2022USD ($)	Mar. 31, 2021	Mar. 31, 2022CAD ($)	Dec. 31, 2021USD ($)	Dec. 31, 2021CAD ($)	Sep. 30, 2021	Jul. 31, 2021USD ($)	Aug. 31, 2018USD ($)
Debt Instrument [Line Items]
Debt	$ 2,090,085			$ 1,945,793
Deferred financing costs	$ (31,827)			$ (33,707)
U.S. SPV | Basis Spread Scenario One | London Interbank Offered Rate (LIBOR)
Debt Instrument [Line Items]
Basis spread (as percent)	6.25%
Canada SPV | Canadian Dollar Offered Rate (CDOR)
Debt Instrument [Line Items]
Basis spread (as percent)	6.00%
Curo Canada Revolving Credit Facility | Prime Rate
Debt Instrument [Line Items]
Basis spread (as percent)	1.95%
Flexiti SPE | Canadian Dollar Offered Rate (CDOR)
Debt Instrument [Line Items]
Basis spread (as percent)	4.40%
Flexiti Securitization | Canadian Dollar Offered Rate (CDOR)
Debt Instrument [Line Items]
Basis spread (as percent)	3.59%
Heights Finance SPV | Basis Spread Scenario One | London Interbank Offered Rate (LIBOR)
Debt Instrument [Line Items]
Basis spread (as percent)		5.25%
Senior Revolver | London Interbank Offered Rate (LIBOR)
Debt Instrument [Line Items]
Basis spread (as percent)	5.00%
Senior Notes
Debt Instrument [Line Items]
Stated interest rate (as percent)							7.50%
Senior Notes | Senior Secured Notes Due 2028
Debt Instrument [Line Items]
Stated interest rate (as percent)	7.50%		7.50%	7.50%	7.50%		7.50%
Deferred financing costs							$ (19,300)
Debt	$ 1,000,000			$ 1,000,000
Senior Notes | Senior Secured Notes Due 2025
Debt Instrument [Line Items]
Stated interest rate (as percent)	8.25%		8.25%			8.25%		8.25%
Deferred financing costs								$ (13,900)
Debt	$ 0			0
Line of Credit | Revolving Credit Facility | U.S. SPV
Debt Instrument [Line Items]
Debt			$ 49,456		$ 49,456
Borrowing Capacity			200,000
Line of Credit | Revolving Credit Facility | Canada SPV
Debt Instrument [Line Items]
Debt			243,008		160,533
Borrowing Capacity			400,000		175,000
Line of Credit | Revolving Credit Facility | Curo Canada Revolving Credit Facility
Debt Instrument [Line Items]
Debt			0		$ 0
Borrowing Capacity			$ 10,000
Line of Credit | Revolving Credit Facility | Flexiti SPE
Debt Instrument [Line Items]
Debt	238,261			176,625
Borrowing Capacity	500,000
Line of Credit | Revolving Credit Facility | Flexiti Securitization
Debt Instrument [Line Items]
Debt	246,963			242,886
Borrowing Capacity	526,500
Line of Credit | Revolving Credit Facility | Heights Finance SPV
Debt Instrument [Line Items]
Debt	324,224			350,000
Borrowing Capacity				350,000
Line of Credit | Revolving Credit Facility | Senior Revolver
Debt Instrument [Line Items]
Debt	20,000			0
Borrowing Capacity	50,000
Corporate Debt
Debt Instrument [Line Items]
Debt	1,000,000			1,000,000
Funding Debt
Debt Instrument [Line Items]
Debt	$ 1,121,912			$ 979,500

DEBT - Senior Secured Notes (De

DEBT - Senior Secured Notes (Details) - USD ($) $ in Thousands	3 Months Ended
	Sep. 30, 2021	Mar. 31, 2022	Dec. 31, 2021	Jul. 31, 2021	Aug. 31, 2018
Line of Credit Facility [Line Items]
Capitalized financing costs		$ 31,827	$ 33,707
Senior Notes
Line of Credit Facility [Line Items]
Stated interest rate (as percent)				7.50%
Senior Notes | Secured Notes Due 2028
Line of Credit Facility [Line Items]
Stated interest rate (as percent)	7.50%	7.50%	7.50%
Gain (loss) on extinguishment of debt	$ (40,200)
Senior Notes | Senior Secured Notes Due 2025
Line of Credit Facility [Line Items]
Stated interest rate (as percent)	8.25%	8.25%			8.25%
Debt instrument, face amount					$ 690,000
Capitalized financing costs					$ 13,900
Senior Notes | Senior Secured Notes Due 2028
Line of Credit Facility [Line Items]
Stated interest rate (as percent)		7.50%	7.50%	7.50%
Debt instrument, face amount			$ 250,000	$ 750,000
Capitalized financing costs				$ 19,300

DEBT - Funding Debt (Details)

DEBT - Funding Debt (Details)	Mar. 31, 2022facility
Debt Disclosure [Abstract]
Number of credit facilities held	5

DEBT - U.S. SPV (Details)

DEBT - U.S. SPV (Details) - U.S. SPV $ in Millions	3 Months Ended
	Mar. 31, 2022CAD ($)
London Interbank Offered Rate (LIBOR) | Basis Spread Scenario One
Debt Instrument [Line Items]
Basis spread (as percent)	6.25%
Line of Credit
Debt Instrument [Line Items]
Commitment fee (as percent)	0.50%
Revolving Credit Facility | Line of Credit
Debt Instrument [Line Items]
Borrowing Capacity	$ 200

DEBT - Canada SPV (Details)

DEBT - Canada SPV (Details) - Canada SPV - CAD ($) $ in Millions	3 Months Ended
	Mar. 31, 2022	Dec. 31, 2021
Canadian Dollar Offered Rate (CDOR)
Line of Credit Facility [Line Items]
Basis spread (as percent)	6.00%
Line of Credit | Revolving Credit Facility
Line of Credit Facility [Line Items]
Borrowing Capacity	$ 400	$ 175
Commitment fee on unused portion (as a percent)	0.50%

DEBT - Flexiti SPE (Details)

DEBT - Flexiti SPE (Details) - Flexiti SPE $ in Millions	3 Months Ended
	Mar. 31, 2022USD ($)
Canadian Dollar Offered Rate (CDOR)
Debt Instrument [Line Items]
Basis spread (as percent)	4.40%
Revolving Credit Facility | Line of Credit
Debt Instrument [Line Items]
Borrowing Capacity	$ 500
Revolving Credit Facility | Line of Credit | Minimum
Debt Instrument [Line Items]
Commitment fee on unused portion (as a percent)	0.50%
Revolving Credit Facility | Line of Credit | Maximum
Debt Instrument [Line Items]
Commitment fee on unused portion (as a percent)	1.00%

DEBT - Flexiti Securitization (

DEBT - Flexiti Securitization (Details) - Flexiti Securitization $ in Millions	3 Months Ended
	Mar. 31, 2022USD ($)
Canadian Dollar Offered Rate (CDOR)
Debt Instrument [Line Items]
Basis spread (as percent)	3.59%
Revolving Credit Facility | Line of Credit
Debt Instrument [Line Items]
Borrowing Capacity	$ 526.5
Commitment fee on unused portion (as a percent)	0.45%

DEBT - Heights SPV (Details)

DEBT - Heights SPV (Details) - Heights Finance SPV - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2021	Dec. 31, 2021
Basis Spread Scenario One | London Interbank Offered Rate (LIBOR)
Debt Instrument [Line Items]
Basis spread (as percent)	5.25%
Revolving Credit Facility | Line of Credit
Debt Instrument [Line Items]
Borrowing Capacity		$ 350

DEBT - Senior Revolver (Details

DEBT - Senior Revolver (Details) $ in Millions	3 Months Ended
	Mar. 31, 2022USD ($)lender	Dec. 31, 2021	Sep. 30, 2021	Jul. 31, 2021
Senior Revolver | London Interbank Offered Rate (LIBOR)
Debt Instrument [Line Items]
Basis spread (as percent)	5.00%
Line of Credit | Revolving Credit Facility | Senior Revolver
Debt Instrument [Line Items]
Borrowing Capacity	$ 50
Number of banks | lender	4
Line of Credit | Letter of Credit | Senior Revolver
Debt Instrument [Line Items]
Borrowing Capacity	$ 5
Debt instrument, term	1 year
Senior Notes
Debt Instrument [Line Items]
Stated interest rate (as percent)				7.50%
Senior Notes | Secured Notes Due 2028
Debt Instrument [Line Items]
Stated interest rate (as percent)	7.50%	7.50%	7.50%

DEBT - Curo Canada Revolving Cr

DEBT - Curo Canada Revolving Credit Facility (Details) - Cash Money Revolving Credit Facility $ in Millions	3 Months Ended
	Mar. 31, 2022CAD ($)
Prime Rate
Debt Instrument [Line Items]
Basis spread (as percent)	1.95%
Revolving Credit Facility | Line of Credit
Debt Instrument [Line Items]
Borrowing Capacity	$ 10
Line of credit facility, remaining borrowing capacity	9.9
Standby Letters of Credit | Line of Credit
Debt Instrument [Line Items]
Outstanding letters of credit	$ 0.1

INCOME TAXES (Details)

INCOME TAXES (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Income Tax Contingency [Line Items]
Effective income tax rate (as percent)	45300.00%	24.70%
Federal and state/provincial statutory rates	26.00%
Tax expense related to nondeductible transaction costs	$ 0.3	$ 0.2
Tax benefit related to share-based compensation	(0.3)	(0.3)
Release of valuation allowance		$ (0.1)
Undistributed foreign earnings	239.3
Canada Revenue Agency | Pro forma
Income Tax Contingency [Line Items]
Expected tax if earnings were distributed to the U.S.	$ 12

FAIR VALUE MEASUREMENTS - Narra

FAIR VALUE MEASUREMENTS - Narrative (Details) $ in Thousands	Jun. 09, 2021USD ($)board_seatshares	Mar. 31, 2022USD ($)	Dec. 31, 2021USD ($)shares	Mar. 31, 2021USD ($)	Sep. 30, 2021	Jul. 31, 2021	Mar. 10, 2021USD ($)
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Contingent consideration related to acquisition		$ 26,687	$ 26,508
Income (loss) from equity method investment		$ 1,584		$ 546
Number of seats held | board_seat	2
Number of seats | board_seat	8
Katapult
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Purchase of additional securities			$ 10,000
Cash received from equity method investment	$ 146,900
Equity Method Investment, Number Of Shares Acquired | shares			2,600,000
Sale of stock, number of shares issued in transaction (in shares) | shares	18,900,000
Trading restriction period	6 months
Gain from equity method investment	$ 135,400
Earn-out warrants received from merger (in shares) | shares	3,000,000
Ownership percentage		25.20%
Katapult | Current Lag Period
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Lag period				3 months
Katapult | Previous Lag Period
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Lag period				2 months
Senior Notes
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Stated interest rate (as percent)						7.50%
Senior Notes | Senior Secured Notes
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Stated interest rate (as percent)		7.50%	7.50%		7.50%
Flexiti
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Contingent consideration measurement period				2 years
Contingent consideration, maximum amount				$ 32,800
Contingent consideration related to acquisition				$ 20,600			$ 20,600

FAIR VALUE MEASUREMENTS - Summa

FAIR VALUE MEASUREMENTS - Summary of Assets and Liabilities Carried at Fair Value (Details) - USD ($) $ in Thousands	Mar. 31, 2022	Dec. 31, 2021
Financial liabilities:
Contingent consideration related to acquisition	$ 26,687	$ 26,508
Fair Value, Measurements, Recurring | Reported Value Measurement
Financial assets:
Cash Surrender Value of Life Insurance	7,940	8,242
Financial liabilities:
Non-qualified deferred compensation plan	5,496	5,109
Contingent consideration related to acquisition	26,687	26,508
Fair Value, Measurements, Recurring | Estimated Fair Value
Financial assets:
Cash Surrender Value of Life Insurance	7,940	8,242
Financial liabilities:
Non-qualified deferred compensation plan	5,496	5,109
Contingent consideration related to acquisition	26,687	26,508
Fair Value, Measurements, Recurring | Estimated Fair Value | Level 1
Financial assets:
Cash Surrender Value of Life Insurance	7,940	8,242
Financial liabilities:
Non-qualified deferred compensation plan	5,496	5,109
Contingent consideration related to acquisition	0	0
Fair Value, Measurements, Recurring | Estimated Fair Value | Level 2
Financial assets:
Cash Surrender Value of Life Insurance	0	0
Financial liabilities:
Non-qualified deferred compensation plan	0	0
Contingent consideration related to acquisition	0	0
Fair Value, Measurements, Recurring | Estimated Fair Value | Level 3
Financial assets:
Cash Surrender Value of Life Insurance	0	0
Financial liabilities:
Non-qualified deferred compensation plan	0	0
Contingent consideration related to acquisition	$ 26,687	$ 26,508

FAIR VALUE MEASUREMENTS - Sum_2

FAIR VALUE MEASUREMENTS - Summary of Assets and Liabilities Not Carried at Fair Value (Details) - USD ($) $ in Thousands	Mar. 31, 2022	Dec. 31, 2021	Sep. 30, 2021	Jul. 31, 2021	Mar. 31, 2021
Financial assets:
Restricted cash	$ 110,118	$ 98,896			$ 80,401
Senior Notes
Financial liabilities:
Stated interest rate (as percent)				7.50%
Senior Secured Notes | Senior Notes
Financial liabilities:
Stated interest rate (as percent)	7.50%	7.50%	7.50%
Fair Value, Measurements, Nonrecurring | Reported Value Measurement
Financial assets:
Cash and cash equivalents	$ 60,209	$ 63,179
Restricted cash	110,118	98,896
Loans receivable, net	1,530,400	1,460,758
Financial liabilities:
Liability for losses on CSO lender-owned consumer loans	7,166	6,908
Fair Value, Measurements, Nonrecurring | Reported Value Measurement | Senior Secured Notes | Senior Notes
Financial liabilities:
Debt	981,156	980,721
Fair Value, Measurements, Nonrecurring | Reported Value Measurement | U.S. SPV
Financial liabilities:
Debt	45,843	45,392
Fair Value, Measurements, Nonrecurring | Reported Value Measurement | Canada SPV
Financial liabilities:
Debt	240,661	157,813
Fair Value, Measurements, Nonrecurring | Reported Value Measurement | Flexiti SPE
Financial liabilities:
Debt	234,754	172,739
Fair Value, Measurements, Nonrecurring | Reported Value Measurement | Flexiti Securitization
Financial liabilities:
Debt	243,447	239,128
Fair Value, Measurements, Nonrecurring | Reported Value Measurement | Heights Finance SPV
Financial liabilities:
Debt	324,224	350,000
Fair Value, Measurements, Nonrecurring | Reported Value Measurement | Senior Revolver
Financial liabilities:
Debt	20,000
Fair Value, Measurements, Nonrecurring | Estimated Fair Value
Financial assets:
Cash and cash equivalents	60,209	63,179
Restricted cash	110,118	98,896
Loans receivable, net	1,530,400	1,460,758
Financial liabilities:
Liability for losses on CSO lender-owned consumer loans	7,166	6,908
Fair Value, Measurements, Nonrecurring | Estimated Fair Value | Senior Secured Notes | Senior Notes
Financial liabilities:
Debt	860,000	1,005,700
Fair Value, Measurements, Nonrecurring | Estimated Fair Value | U.S. SPV
Financial liabilities:
Debt	49,456	49,456
Fair Value, Measurements, Nonrecurring | Estimated Fair Value | Canada SPV
Financial liabilities:
Debt	243,008	160,533
Fair Value, Measurements, Nonrecurring | Estimated Fair Value | Flexiti SPE
Financial liabilities:
Debt	238,261	176,625
Fair Value, Measurements, Nonrecurring | Estimated Fair Value | Flexiti Securitization
Financial liabilities:
Debt	246,963	242,886
Fair Value, Measurements, Nonrecurring | Estimated Fair Value | Heights Finance SPV
Financial liabilities:
Debt	324,224	350,000
Fair Value, Measurements, Nonrecurring | Estimated Fair Value | Senior Revolver
Financial liabilities:
Debt	20,000
Fair Value, Measurements, Nonrecurring | Estimated Fair Value | Level 1
Financial assets:
Cash and cash equivalents	60,209	63,179
Restricted cash	110,118	98,896
Loans receivable, net	0	0
Financial liabilities:
Liability for losses on CSO lender-owned consumer loans	0	0
Fair Value, Measurements, Nonrecurring | Estimated Fair Value | Level 1 | Senior Secured Notes | Senior Notes
Financial liabilities:
Debt	0	0
Fair Value, Measurements, Nonrecurring | Estimated Fair Value | Level 1 | U.S. SPV
Financial liabilities:
Debt	0	0
Fair Value, Measurements, Nonrecurring | Estimated Fair Value | Level 1 | Canada SPV
Financial liabilities:
Debt	0	0
Fair Value, Measurements, Nonrecurring | Estimated Fair Value | Level 1 | Flexiti SPE
Financial liabilities:
Debt	0	0
Fair Value, Measurements, Nonrecurring | Estimated Fair Value | Level 1 | Flexiti Securitization
Financial liabilities:
Debt	0	0
Fair Value, Measurements, Nonrecurring | Estimated Fair Value | Level 1 | Heights Finance SPV
Financial liabilities:
Debt	0	0
Fair Value, Measurements, Nonrecurring | Estimated Fair Value | Level 1 | Senior Revolver
Financial liabilities:
Debt	0
Fair Value, Measurements, Nonrecurring | Estimated Fair Value | Level 2
Financial assets:
Cash and cash equivalents	0	0
Restricted cash	0	0
Loans receivable, net	0	0
Financial liabilities:
Liability for losses on CSO lender-owned consumer loans	0	0
Fair Value, Measurements, Nonrecurring | Estimated Fair Value | Level 2 | Senior Secured Notes | Senior Notes
Financial liabilities:
Debt	860,000	1,005,700
Fair Value, Measurements, Nonrecurring | Estimated Fair Value | Level 2 | U.S. SPV
Financial liabilities:
Debt	0	0
Fair Value, Measurements, Nonrecurring | Estimated Fair Value | Level 2 | Canada SPV
Financial liabilities:
Debt	0	0
Fair Value, Measurements, Nonrecurring | Estimated Fair Value | Level 2 | Flexiti SPE
Financial liabilities:
Debt	0	0
Fair Value, Measurements, Nonrecurring | Estimated Fair Value | Level 2 | Flexiti Securitization
Financial liabilities:
Debt	0	0
Fair Value, Measurements, Nonrecurring | Estimated Fair Value | Level 2 | Heights Finance SPV
Financial liabilities:
Debt	0	0
Fair Value, Measurements, Nonrecurring | Estimated Fair Value | Level 2 | Senior Revolver
Financial liabilities:
Debt	0
Fair Value, Measurements, Nonrecurring | Estimated Fair Value | Level 3
Financial assets:
Cash and cash equivalents	0	0
Restricted cash	0	0
Loans receivable, net	1,530,400	1,460,758
Financial liabilities:
Liability for losses on CSO lender-owned consumer loans	7,166	6,908
Fair Value, Measurements, Nonrecurring | Estimated Fair Value | Level 3 | Senior Secured Notes | Senior Notes
Financial liabilities:
Debt	0	0
Fair Value, Measurements, Nonrecurring | Estimated Fair Value | Level 3 | U.S. SPV
Financial liabilities:
Debt	49,456	49,456
Fair Value, Measurements, Nonrecurring | Estimated Fair Value | Level 3 | Canada SPV
Financial liabilities:
Debt	243,008	160,533
Fair Value, Measurements, Nonrecurring | Estimated Fair Value | Level 3 | Flexiti SPE
Financial liabilities:
Debt	238,261	176,625
Fair Value, Measurements, Nonrecurring | Estimated Fair Value | Level 3 | Flexiti Securitization
Financial liabilities:
Debt	246,963	242,886
Fair Value, Measurements, Nonrecurring | Estimated Fair Value | Level 3 | Heights Finance SPV
Financial liabilities:
Debt	324,224	$ 350,000
Fair Value, Measurements, Nonrecurring | Estimated Fair Value | Level 3 | Senior Revolver
Financial liabilities:
Debt	$ 20,000

FAIR VALUE MEASUREMENTS - Inves

FAIR VALUE MEASUREMENTS - Investment in Katapult (Details) - USD ($) $ in Thousands	Jun. 09, 2021	Mar. 31, 2022	Dec. 31, 2021	Sep. 30, 2021	Jun. 30, 2021	Mar. 31, 2021
Katapult
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Proceeds from (Investment in) Katapult	$ 146,900
Sale of stock, number of shares issued in transaction (in shares)	18,900,000
Gain from equity method investment	$ 135,400
Equity Method Investment
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Beginning balance		$ 27,900	$ 14,919	$ 16,501	$ 27,917	$ 27,371
Equity method income (loss)		1,584	2,982	(1,582)	1,712	546
Conversion of investment					(13,128)
Purchases of common stock warrants and preferred shares			9,999
Ending balance		29,484	27,900	14,919	16,501	27,917
Equity Method Investment | Fair Value, Measurements, Nonrecurring
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Beginning balance		27,900	14,919	16,501	8,308	7,762
Equity method income (loss)		1,584	2,982	(1,582)	1,712	546
Conversion of investment					6,481
Purchases of common stock warrants and preferred shares			9,999
Ending balance		29,484	27,900	14,919	16,501	8,308
Equity Method Investment | Fair Value, Measurements, Recurring
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Beginning balance		0	0	0	19,609	19,609
Equity method income (loss)			0	0	0	0
Conversion of investment					(19,609)
Purchases of common stock warrants and preferred shares			0
Ending balance		$ 0	$ 0	$ 0	$ 0	$ 19,609

STOCKHOLDERS' EQUITY - Schedule

STOCKHOLDERS' EQUITY - Schedule of Stockholders' Equity (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Balance, beginning period	$ 160,330	$ 131,905
Net income	1,336	25,735
Foreign currency translation adjustment	6,633	3,855
Dividends	(4,791)	(2,368)
Share-based compensation expense	4,093	2,683
Proceeds from exercise of stock options		48
Repurchase of common stock	(12,530)
Net settlement of share-based awards	(2,284)	(1,668)
Balance, ending period	$ 152,787	$ 160,190
Common Stock
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Balance, beginning period (in shares)	40,810,444	41,370,504
Balance, beginning period	$ 23	$ 9
Proceeds from exercise of stock options (in shares)		15,852
Repurchase of common stock (in shares)	(824,477)
Net settlement of share-based awards (in shares)	362,815	237,423
Balance, ending period (in shares)	40,348,782	41,623,779
Balance, ending period	$ 23	$ 9
Treasury Stock, at cost
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Balance, beginning period	(124,302)	(77,852)
Repurchase of common stock	(12,530)
Balance, ending period	(136,832)	(77,852)
Paid-in capital
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Balance, beginning period	113,520	79,812
Share-based compensation expense	4,093	2,683
Proceeds from exercise of stock options		48
Net settlement of share-based awards	(2,284)	(1,668)
Balance, ending period	115,329	80,875
Retained Earnings (Deficit)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Balance, beginning period	203,467	160,068
Net income	1,336	25,735
Dividends	(4,791)	(2,368)
Balance, ending period	200,012	183,435
AOCI
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Balance, beginning period	(32,378)	(30,132)
Foreign currency translation adjustment	6,633	3,855
Balance, ending period	$ (25,745)	$ (26,277)

STOCKHOLDERS' EQUITY - Schedu_2

STOCKHOLDERS' EQUITY - Schedule of Dividends (Details) - USD ($) $ / shares in Units, $ in Thousands	Mar. 01, 2022	Mar. 02, 2021	Mar. 31, 2022	Mar. 31, 2021	Feb. 04, 2022	Jan. 29, 2021
Equity [Abstract]
Dividend per share (in usd per share)					$ 0.11	$ 0.055
Dividends Paid	$ 4,517	$ 2,284	$ 4,791	$ 2,368

STOCKHOLDERS' EQUITY - Narrativ

STOCKHOLDERS' EQUITY - Narrative (Details) - $ / shares	May 23, 2022	Apr. 30, 2022	Feb. 04, 2022	Jan. 29, 2021
Class of Stock [Line Items]
Quarterly cash dividend (in usd per share)			$ 0.11	$ 0.055
Subsequent Event
Class of Stock [Line Items]
Quarterly cash dividend (in usd per share)	$ 0.11	$ 0.11

EARNINGS PER SHARE - Summary of

EARNINGS PER SHARE - Summary of Basic Earnings Per Share (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Earnings Per Share [Abstract]
Net income	$ 1,336	$ 25,735
Weight average common shares - basic (in shares)	40,368	41,505
Dilutive effect of stock options and restricted stock units (in shares)	940	2,091
Weighted average common shares - diluted (in shares)	41,308	43,596
Earnings per share:
Continuing operations (in usd per share)	$ 0.03	$ 0.62
Basic earnings per share (in usd per share)	0.03	0.62
Diluted earnings per share:
Continuing operations (in usd per share)	0.03	0.59
Diluted earnings per share (in usd per share)	$ 0.03	$ 0.59

EARNINGS PER SHARE - Narrative

EARNINGS PER SHARE - Narrative (Details) - shares shares in Millions	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Earnings Per Share [Abstract]
Antidilutive securities excluded from computation of earnings per share (in shares)	1.2	0.5

SEGMENT REPORTING - Narrative (

SEGMENT REPORTING - Narrative (Details) - Mar. 31, 2022	store	state	province	territory	partner
Canada
Segment Reporting Information [Line Items]
Number Of Territories With Online Presence | territory				1
U.S.
Segment Reporting Information [Line Items]
Number of retail locations	550
Number of states/provinces with online presence | state		27
Canada Direct Lending
Segment Reporting Information [Line Items]
Number of retail locations	204
Number of states/provinces with online presence | province			8
Number of states/provinces with retail locations | province			8
Canada POS Lending
Segment Reporting Information [Line Items]
Number of retail locations	7,700
Number of merchant partners | partner					3,330
Number of geographical locations			10	2

SEGMENT REPORTING - Summary of

SEGMENT REPORTING - Summary of Financial Information by Segment (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021	Dec. 31, 2021
Segment Reporting Information [Line Items]
Consolidated revenue	$ 290,196	$ 196,551
Consolidated net revenue	192,665	160,406
Consolidated operating income	2,442	34,179
Consolidated expenditures for long-lived assets	11,539	3,230
Total gross loans receivable	1,628,568		$ 1,548,318
U.S.
Segment Reporting Information [Line Items]
Consolidated revenue	198,399	136,492
Consolidated net revenue	131,574	110,436
Consolidated operating income	(5,468)	14,731
Consolidated expenditures for long-lived assets	4,082	2,662
Total gross loans receivable	638,729		661,945
Canada Direct Lending
Segment Reporting Information [Line Items]
Consolidated revenue	71,488	58,440
Consolidated net revenue	49,496	49,206
Consolidated operating income	18,445	22,247
Consolidated expenditures for long-lived assets	3,233	149
Total gross loans receivable	448,063		427,197
Canada POS Lending
Segment Reporting Information [Line Items]
Consolidated revenue	20,309	1,619
Consolidated net revenue	11,595	764
Consolidated operating income	(10,535)	(2,799)
Consolidated expenditures for long-lived assets	4,224	$ 419
Total gross loans receivable	$ 541,776		$ 459,176

SEGMENT REPORTING - Summary o_2

SEGMENT REPORTING - Summary of Long-lived Assets by Geographical Region (Details) - USD ($) $ in Thousands	Mar. 31, 2022	Dec. 31, 2021
Revenues from External Customers and Long-Lived Assets [Line Items]
Total net long-lived assets	$ 54,865	$ 54,635
U.S.
Revenues from External Customers and Long-Lived Assets [Line Items]
Total net long-lived assets	31,378	32,753
Canada Direct Lending
Revenues from External Customers and Long-Lived Assets [Line Items]
Total net long-lived assets	22,480	21,072
Canada POS Lending
Revenues from External Customers and Long-Lived Assets [Line Items]
Total net long-lived assets	$ 1,007	$ 810

COMMITMENTS AND CONTENGENCIES (

COMMITMENTS AND CONTENGENCIES (Details) $ in Millions	Dec. 18, 2020USD ($)	Mar. 31, 2022USD ($)	Jul. 31, 2020lawsuit
Loss Contingencies [Line Items]
Litigation settlement amount	$ 9
Insurance retention	$ 2.5
Litigation expense incurred		$ 0
Shareholder Derivative Lawsuits
Loss Contingencies [Line Items]
Number of lawsuits | lawsuit			3
Shareholder Derivative Lawsuits With FFL Defendants
Loss Contingencies [Line Items]
Number of lawsuits | lawsuit			2

LEASES - Narrative (Details)

LEASES - Narrative (Details)	Mar. 31, 2022
Leases [Abstract]
Operating lease original term of contract	5 years

LEASES - Summary of Operating L

LEASES - Summary of Operating Lease Costs (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Lessee, Lease, Description [Line Items]
Operating lease cost	$ 10,306	$ 8,850
Cash paid for amounts included in the measurement of operating lease liabilities	10,925	9,381
ROU assets obtained	$ 5,424	$ 2,803
Weighted average remaining lease term - Operating leases	4 years 10 months 24 days	5 years 6 months
Weighted average discount rate - Operating leases	7.90%	9.50%
Third-Party
Lessee, Lease, Description [Line Items]
Operating lease cost	$ 9,479	$ 8,003
Related-Party
Lessee, Lease, Description [Line Items]
Operating lease cost	$ 827	$ 847

LEASES - Schedule of Future Min

LEASES - Schedule of Future Minimum Lease Payments, ASC 842 (Details) $ in Thousands	Mar. 31, 2022USD ($)
Lessee, Lease, Description [Line Items]
Remainder of 2022	$ 31,880
2023	34,471
2024	26,276
2025	18,538
2026	12,772
2027	9,260
Thereafter	16,376
Total	149,573
Less: Imputed interest	(28,980)
Operating lease liabilities	120,593
Third-Party
Lessee, Lease, Description [Line Items]
Remainder of 2022	29,240
2023	33,138
2024	25,303
2025	17,668
2026	11,889
2027	8,462
Thereafter	15,381
Total	141,081
Less: Imputed interest	(27,145)
Operating lease liabilities	113,936
Related-Party
Lessee, Lease, Description [Line Items]
Remainder of 2022	2,640
2023	1,333
2024	973
2025	870
2026	883
2027	798
Thereafter	995
Total	8,492
Less: Imputed interest	(1,835)
Operating lease liabilities	$ 6,657

GOODWILL - Schedule of Goodwill

GOODWILL - Schedule of Goodwill (Details) $ in Thousands	3 Months Ended
	Mar. 31, 2022USD ($)
Goodwill [Roll Forward]
Goodwill, beginning balance	$ 429,792
Foreign currency translation	1,175
Goodwill, ending balance	430,967
U.S.
Goodwill [Roll Forward]
Goodwill, beginning balance	359,779
Foreign currency translation	0
Goodwill, ending balance	359,779
Canada Direct Lending
Goodwill [Roll Forward]
Goodwill, beginning balance	30,105
Foreign currency translation	505
Goodwill, ending balance	30,610
Canada POS Lending
Goodwill [Roll Forward]
Goodwill, beginning balance	39,908
Foreign currency translation	670
Goodwill, ending balance	$ 40,578

GOODWILL - Narrative (Details)

GOODWILL - Narrative (Details) - USD ($) $ in Thousands	3 Months Ended	12 Months Ended
	Mar. 31, 2022	Dec. 31, 2021
Finite-Lived Intangible Assets [Line Items]
Loss on impairment of goodwill	$ 0
Goodwill	430,967	$ 429,792
Foreign currency translation	1,175
Canada POS Lending
Finite-Lived Intangible Assets [Line Items]
Goodwill	40,578	39,908
Foreign currency translation	670
U.S.
Finite-Lived Intangible Assets [Line Items]
Goodwill	359,779	359,779
Foreign currency translation	$ 0
Flexiti | Canada POS Lending
Finite-Lived Intangible Assets [Line Items]
Measurement period adjustment		(4,500)
Goodwill		39,900
Foreign currency translation		500
Heights | U.S.
Finite-Lived Intangible Assets [Line Items]
Acquisition		$ 253,900

ACQUISITIONS - Narrative (Detai

ACQUISITIONS - Narrative (Details) $ in Thousands	Dec. 27, 2021USD ($)branchstate	Mar. 10, 2021USD ($)	Mar. 31, 2022USD ($)	Mar. 31, 2021USD ($)	Dec. 31, 2021USD ($)
Business Acquisition [Line Items]
Contingent consideration related to acquisition			$ 26,687		$ 26,508
Flexiti
Business Acquisition [Line Items]
Equity interests acquired		100.00%
Payments to acquire businesses, net of cash acquired			$ 0	$ 91,203
Payments to acquire businesses, gross		$ 86,500
Debt costs in conjunction with the acquisition		6,300
Contingent consideration related to acquisition		$ 20,600		$ 20,600
Heights
Business Acquisition [Line Items]
Equity interests acquired	100.00%
Business Combination, Consideration Transferred	$ 360,000
Payments to acquire businesses, net of cash acquired	335,000
Business combination, consideration transferred, equity interests issued and issuable	$ 25,000
Number of branches | branch	390
Number of states in which entity operates | state	11

SHARE REPURCHASE PROGRAM - Narr

SHARE REPURCHASE PROGRAM - Narrative (Details) - USD ($) $ in Millions	Mar. 31, 2022	Feb. 28, 2022	May 31, 2021
Repurchase Program, 2021
Equity, Class of Treasury Stock [Line Items]
Total authorized repurchase amount for the period presented	$ 50		$ 50
Repurchase Program, 2022
Equity, Class of Treasury Stock [Line Items]
Total authorized repurchase amount for the period presented		$ 25

SHARE REPURCHASE PROGRAM - Sche

SHARE REPURCHASE PROGRAM - Schedule of Share Repurchase Program (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021	May 31, 2021
Equity, Class of Treasury Stock [Line Items]
Total value of shares repurchased	$ 12,530
Repurchase Program, 2021
Equity, Class of Treasury Stock [Line Items]
Total number of shares repurchased (in shares)	824,477
Average price paid per share (in usd per share)	$ 15.20
Total value of shares repurchased	$ 12,530	$ 0
Total authorized repurchase amount for the period presented	$ 50,000		$ 50,000

SUBSEQUENT EVENTS (Details)

SUBSEQUENT EVENTS (Details) - $ / shares	May 23, 2022	Apr. 30, 2022	Feb. 04, 2022	Jan. 29, 2021
Subsequent Event [Line Items]
Quarterly cash dividend (in usd per share)			$ 0.11	$ 0.055
Subsequent Event
Subsequent Event [Line Items]
Quarterly cash dividend (in usd per share)	$ 0.11	$ 0.11