CURO (CUROQ) 10-K 9 Mar 23 2022 FY Annual report Financial data

Cover

Cover - USD ($)	12 Months Ended
	Dec. 31, 2022	Mar. 03, 2023	Jun. 30, 2022
Cover [Abstract]
Document Type	10-K
Document Annual Report	true
Current Fiscal Year End Date	--12-31
Document Period End Date	Dec. 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	200 W Hubbard Street
Entity Address, Address Line Two	8th Floor
Entity Address, City or Town	Chicago
Entity Address, State or Province	IL
Entity Address, Postal Zip Code	60654
City Area Code	312
Local Phone Number	470-2000
Title of 12(b) Security	Common stock, $0.001 par value per share
Trading Symbol	CURO
Security Exchange Name	NYSE
Entity Well-known Seasoned Issuer	No
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Accelerated Filer
Entity Small Business	true
Entity Emerging Growth Company	false
ICFR Auditor Attestation Flag	true
Entity Shell Company	false
Entity Public Float			$ 130,153,179
Entity Common Stock, Shares Outstanding		40,835,943
Documents Incorporated by Reference	Certain information required by Part III of this Annual Report on Form 10-K is incorporated herein by reference to the Proxy Statement for the registrant’s 2023 Annual Meeting of Stockholders, which is expected to be filed pursuant to Regulation 14A within 120 days after the end of the registrant’s fiscal year ended December 31, 2022.
Entity Central Index Key	0001711291
Amendment Flag	false
Document Fiscal Year Focus	2022
Document Fiscal Period Focus	FY

AUDIT INFORMATION

AUDIT INFORMATION	12 Months Ended
	Dec. 31, 2022
Auditor Information [Abstract]
Auditor Name	Deloitte & Touche LLP
Auditor Location	Chicago, IL
Auditor Firm ID	34

CONSOLIDATED BALANCE SHEETS

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
ASSETS
Cash and cash equivalents	$ 73,932	$ 63,179
Restricted cash (includes restricted cash of consolidated VIEs of $52,277 and $57,155 as of December 31, 2022 and December 31, 2021, respectively)	91,745	98,896
Gross loans receivable (includes loans of consolidated VIEs of $1,964,275 and $1,294,706 as of December 31, 2022 and December 31, 2021, respectively)	2,087,833	1,548,318
Less: Allowance for loan losses (includes allowance for loan losses of consolidated VIEs of $108,451 and $66,618 as of December 31, 2022 and December 31, 2021, respectively)	(122,028)	(87,560)
Loans receivable, net	1,965,805	1,460,758
Income taxes receivable	21,918	31,774
Prepaid expenses and other (includes prepaid expenses and other of consolidated VIEs of $12,908 and $— as of December 31, 2022 and December 31, 2021, respectively)	53,057	42,038
Property and equipment, net	31,957	54,635
Investment in Katapult	23,915	27,900
Right of use asset - operating leases	61,197	116,300
Deferred tax assets	49,893	15,639
Goodwill	276,269	429,792
Intangibles, net	123,677	109,930
Other assets	15,828	9,755
Total Assets	2,789,193	2,460,596
Liabilities
Accounts payable and accrued liabilities (includes accounts payable and accrued liabilities of consolidated VIEs of $13,571 and $9,886 as of December 31, 2022 and December 31, 2021, respectively)	73,827	121,434
Deferred revenue	32,259	21,649
Lease liability - operating leases	62,847	122,431
Contingent consideration related to acquisition	16,884	26,508
Income taxes payable	0	680
Accrued interest (includes accrued interest of consolidated VIEs of $7,023 and $3,279 as of December 31, 2022 and December 31, 2021, respectively)	38,460	34,974
Liability for losses on CSO lender-owned consumer loans	0	6,908
Debt (includes debt and issuance costs of consolidated VIEs of $1,609,427 and $20,047 as of December 31, 2022 and $979,500 and $14,428 as of December 31, 2021, respectively)	2,607,314	1,945,793
Other long-term liabilities	11,736	13,845
Deferred tax liabilities	0	6,044
Total Liabilities	2,843,327	2,300,266
Commitments and contingencies (Note 7)
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; 50,216,165 and 49,684,080 shares issued; and 40,518,052 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	124,483	113,520
Retained earnings	4,268	203,467
Accumulated other comprehensive loss	(46,076)	(32,378)
Total Stockholders' (Deficit) Equity	(54,134)	160,330
Total Liabilities and Stockholders' (Deficit) Equity	$ 2,789,193	$ 2,460,596

CONSOLIDATED BALANCE SHEETS (Pa

CONSOLIDATED BALANCE SHEETS (Parenthetical) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Restricted cash	$ 91,745	$ 98,896
Gross loans receivable	2,087,833	1,548,318
Allowance for loan losses	122,028	87,560
Prepaid expenses and other	53,057	42,038
Accounts payable and accrued liabilities	$ 73,827	$ 121,434
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)	50,216,165	49,684,080
Class A common stock, outstanding (in shares)	40,518,052	40,810,444
Treasury stock (in shares)	9,698,113	8,873,636
Variable Interest Entity
Restricted cash	$ 52,277	$ 57,155
Gross loans receivable	1,964,275	1,294,706
Allowance for loan losses	108,451	66,618
Prepaid expenses and other	12,908	0
Accounts payable and accrued liabilities	13,571	9,886
Accrued interest	7,023	3,279
Debt	1,609,427	979,500
Issuance costs	$ 20,047	$ 14,428

CONSOLIDATED STATEMENTS OF OPER

CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) shares in Thousands, $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Revenue
Total revenue	$ 1,025,918	$ 817,843	$ 847,396
Provision for losses	400,325	245,668	288,811
Net revenue	625,593	572,175	558,585
Operating Expenses
Salaries and benefits	281,636	237,109	196,817
Occupancy	59,485	55,559	57,271
Advertising	32,143	38,762	44,552
Direct operations	64,128	60,056	46,893
Depreciation and amortization	36,322	26,955	17,498
Other operating expense	82,811	68,473	47,048
Total operating expenses	556,525	486,914	410,079
Other expense (income)
Interest expense	185,661	97,334	72,709
Loss (income) from equity method investment	3,985	(3,658)	(4,546)
Gain from equity method investment	0	(135,387)	0
Goodwill impairment	145,241	0	0
Loss on extinguishment of debt	4,391	40,206	0
Gain on change in fair value of contingent consideration	(7,605)	6,209	0
Gain on sale of business	(68,443)	0	0
Total other expense (income)	263,230	4,704	68,163
(Loss) income from continuing operations before income taxes	(194,162)	80,557	80,343
(Benefit) provision for income taxes	(8,678)	21,223	5,895
Net (loss) income from continuing operations	(185,484)	59,334	74,448
Income from discontinued operations, before income taxes	0	0	1,714
Income tax expense related to disposition	0	0	429
Net income from discontinued operations	0	0	1,285
Net (loss) income	$ (185,484)	$ 59,334	$ 75,733
Basic (loss) earnings per share:
Basic earnings per share, continuing operations (in usd per share)	$ (4.59)	$ 1.44	$ 1.82
Basic earnings per share, discontinued operations (in usd per share)	0	0	0.03
Basic earnings per share (in usd per share)	(4.59)	1.44	1.85
Diluted (loss) earnings per share:
Diluted earnings per share, continuing operations (in usd per share)	(4.59)	1.38	1.77
Diluted earnings per share, discontinued operations (in usd per share)	0	0	0.03
Diluted earnings per share (in usd per share)	$ (4.59)	$ 1.38	$ 1.8
Weighted average common shares outstanding:
Basic (in shares)	40,428	41,155	40,886
Diluted (in shares)	40,428	43,143	42,091
Interest and fees revenue
Revenue
Total revenue	$ 905,407	$ 743,735	$ 788,188
Insurance premiums and commissions
Revenue
Total revenue	88,490	49,411	35,553
Other revenue
Revenue
Total revenue	$ 32,021	$ 24,697	$ 23,655

CONSOLIDATED STATEMENTS OF COMP

CONSOLIDATED STATEMENTS OF COMPREHENSIVE (LOSS) INCOME - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Statement of Comprehensive Income [Abstract]
Net income	$ (185,484)	$ 59,334	$ 75,733
Other comprehensive (loss) income, net of tax:
Change in derivative instruments designated as cash flow hedges, net of tax	5,333	0	0
Foreign currency translation adjustment, net of tax	(19,031)	(2,246)	8,531
Other comprehensive (loss) income, net of tax	(13,698)	(2,246)	8,531
Comprehensive (loss) income	$ (199,182)	$ 57,088	$ 84,264

CONSOLIDATED STATEMENTS OF CHAN

CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY - USD ($) $ in Thousands		Total	Common Stock	Treasury Stock, at cost	Paid-in capital	Retained Earnings (Deficit)	AOCI	[1]
Balance, beginning period (in shares) at Dec. 31, 2019			41,156,224
Balance, beginning period at Dec. 31, 2019		$ 50,513	$ 9	$ (72,343)	$ 68,087	$ 93,423	$ (38,663)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income		75,733				75,733
Foreign currency translation adjustment and other		8,531					8,531
Other comprehensive loss, net of tax		8,531
Dividends		(9,088)				(9,088)
Share-based compensation		$ 12,910			12,910
Proceeds from exercise of stock options (in shares)		274,510	274,510
Proceeds from exercise of stock options		$ 765			765
Repurchase of common stock (in shares)			(540,762)
Repurchase of common stock		(5,509)		(5,509)
Net settlement of share-based awards (in shares)			480,532
Net settlement of share-based awards		(1,950)			(1,950)
Balance, ending period at Dec. 31, 2020		131,905	$ 9	(77,852)	79,812	160,068	(30,132)
Balance, ending period (in shares) at Dec. 31, 2020			41,370,504
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income		59,334				59,334
Foreign currency translation adjustment and other		(2,246)					(2,246)
Other comprehensive loss, net of tax		(2,246)
Dividends		(15,935)				(15,935)
Common stock issued for acquisition of Heights Finance (in shares)			1,446,257
Common stock issued for acquisition of Heights Finance		24,369	$ 14		24,355
Share-based compensation		$ 13,976			13,976
Proceeds from exercise of stock options (in shares)		615,024	66,972
Proceeds from exercise of stock options		$ 272			272
Repurchase of common stock (in shares)	[2]		(2,718,333)
Repurchase of common stock	[2]	(46,450)		(46,450)
Net settlement of share-based awards (in shares)			645,044
Net settlement of share-based awards		(4,895)			(4,895)
Balance, ending period at Dec. 31, 2021		160,330	$ 23	(124,302)	113,520	203,467	(32,378)
Balance, ending period (in shares) at Dec. 31, 2021			40,810,444
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income		(185,484)				(185,484)
Foreign currency translation adjustment and other		(19,031)
Other comprehensive loss, net of tax		(13,698)					(13,698)
Dividends		(13,715)				(13,715)
Share-based compensation		$ 13,957			13,957
Proceeds from exercise of stock options (in shares)		0
Repurchase of common stock (in shares)			(824,477)
Repurchase of common stock		$ (12,530)		(12,530)
Common stock issued for RSU's vesting, net of shares withheld and withholding paid for employee taxes (in shares)			532,085
Common stock issued for RSUs vesting, net of shares withheld and withholding paid for employee taxes		(2,994)			(2,994)
Balance, ending period at Dec. 31, 2022		$ (54,134)	$ 23	$ (136,832)	$ 124,483	$ 4,268	$ (46,076)
Balance, ending period (in shares) at Dec. 31, 2022			40,518,052
[1] (1) Accumulated other comprehensive income (loss) (2) Includes the repurchase of 500,000 shares of common stock from a related party for $18.10 per share. See Note 23, "Share Repurchase Program" for additional information.

CONSOLIDATED STATEMENTS OF CH_2

CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY (Parenthetical) - Affiliated Entity - Share Repurchase Agreement with Faulkner 2017 Dynasty Trust - $ / shares	1 Months Ended	12 Months Ended
	Nov. 30, 2021	Dec. 31, 2021
Repurchase of common stock from a related party (in shares)	500,000	500,000
Repurchase of common stock from a related party (in usd per share)		$ 18.10

CONSOLIDATED STATEMENT OF CASH

CONSOLIDATED STATEMENT OF CASH FLOWS - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Cash flows from operating activities
Net (loss) income	$ (185,484)	$ 59,334	$ 74,448
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization	36,322	26,955	17,498
Provision for losses	400,325	245,668	288,811
Amortization of debt issuance costs and bond discount	11,315	6,871	3,935
Loss on extinguishment of debt	4,391	40,206	0
Deferred income tax benefit	(38,254)	(18,297)	11,691
Gain on sale of business	(68,443)	0	0
Loss on disposal of property and equipment	4,420	7,054	150
Loss from equity method investment	3,985	(3,658)	(4,546)
Impairment loss (gain) from equity method investment	0	(135,387)	0
Change in fair value of contingent consideration	(7,605)	6,209	0
Share-based compensation	13,957	13,976	12,910
Goodwill impairment	145,241	0	0
Changes in operating assets and liabilities:
Accrued interest on loans receivable	(37,257)	8,751	23,714
Prepaid expenses and other assets	15,003	(6,053)	8,058
Accounts payable and accrued liabilities	(46,624)	43,832	(11,876)
Deferred revenue	17,765	16,581	(4,769)
Income taxes payable	(9,088)	678	0
Income taxes receivable	17,892	3,829	(20,603)
Accrued interest	3,624	13,069	264
Other long-term liabilities	3,122	(6,445)	3,820
Net cash provided by continuing operating activities	284,607	323,173	403,505
Net cash provided by (used in) discontinued operating activities	0	0	1,714
Net cash provided by operating activities	284,607	323,173	405,219
Cash flows from investing activities
Purchase of property, equipment and software	(45,821)	(23,648)	(10,920)
Loans receivable originated or acquired	(2,554,947)	(1,517,275)	(1,296,398)
Loans receivable repaid	1,664,851	928,302	1,079,437
Proceeds from Katapult		136,879
Proceeds from Katapult			(12,757)
Divestiture of Legacy U.S. Direct Lending Business, net of cash provided	288,980	0	0
Net cash used in investing activities	(777,949)	(923,488)	(255,056)
Cash flows from financing activities
Debt issuance costs paid	(19,252)	(26,387)	(6,992)
Payments of call premiums from early debt extinguishments	0	(31,250)	0
Proceeds from exercise of stock options	0	272	765
Payments to net share settle equity awards	(2,994)	(4,895)	(1,950)
Repurchase of common stock	(12,530)	(45,448)	(5,908)
Dividends paid to stockholders	(13,715)	(15,935)	(9,088)
Net cash provided by financing activities	501,062	491,291	7,329
Effect of exchange rate changes on cash, cash equivalents and restricted cash	(4,118)	2,991	595
Net increase in cash, cash equivalents and restricted cash	3,602	(106,033)	158,087
Cash, cash equivalents and restricted cash at beginning of period	162,075	268,108	110,021
Cash, cash equivalents and restricted cash at end of period	165,677	162,075	268,108
Supplemental Cash Flow Elements [Abstract]
Cash and cash equivalents	73,932	63,179	213,343
Restricted cash	91,745	98,896	54,765
Total cash, cash equivalents and restricted cash used in the Statement of Cash Flows	165,677	162,075	268,108
Cash paid for:
Interest	162,365	81,536	69,212
Income taxes, net of refunds	15,646	34,878	15,841
Non-cash investing activities:
Property and equipment accrued in accounts payable	444	883	861
SPV and SPE Facilities
Cash flows from financing activities
Proceeds from credit facilities	1,724,600	549,511	73,037
Payments on credit facilities	(1,175,047)	(244,577)	(42,535)
Senior Revolver
Cash flows from financing activities
Proceeds from credit facilities	169,496	68,108	69,947
Payments on credit facilities	(169,496)	(68,108)	(69,947)
Senior Secured Notes Due 2025
Cash flows from financing activities
Extinguishment of 8.25% Senior Secured Notes	0	(690,000)	0
Senior Secured Notes Due 2028
Cash flows from financing activities
Proceeds from issuance of 7.50% Senior Secured Notes	0	1,000,000	0
Ad Astra
Cash flows from investing activities
Payments to acquire businesses, net of cash acquired	0	0	(14,418)
Flexiti
Cash flows from investing activities
Payments to acquire businesses, net of cash acquired		(91,203)	0
Heights Finance
Cash flows from investing activities
Payments to acquire businesses, net of cash acquired	0	(356,543)	0
First Heritage SPV
Cash flows from investing activities
Payments to acquire businesses, net of cash acquired	$ (131,012)	$ 0	$ 0

CONSOLIDATED STATEMENT OF CAS_2

CONSOLIDATED STATEMENT OF CASH FLOWS (Parenthetical) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021	Sep. 30, 2021	Jul. 31, 2021	Dec. 31, 2020	Aug. 31, 2018
Restricted cash	$ 91,745	$ 98,896			$ 54,765
Senior Secured Notes Due 2025 | Senior Notes
Stated interest rate (as percent)		8.25%	8.25%			8.25%
Senior Secured Notes Due 2028 | Senior Notes
Stated interest rate (as percent)	7.50%	7.50%	7.50%	7.50%
Variable Interest Entity
Restricted cash	$ 52,277	$ 57,155

SUMMARY OF SIGNIFICANT ACCOUNTI

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES AND NATURE OF OPERATIONS	12 Months Ended
	Dec. 31, 2022
Accounting Policies [Abstract]
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES AND NATURE OF OPERATIONS	NOTE 1 – 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 full-spectrum consumer credit lender serving U.S. and Canadian customers for over 25 years. Our roots in the consumer finance market run deep. We have worked diligently to provide customers a variety of convenient, easily accessible financial services. Our decades of alternative data power a hard-to-replicate underwriting and scoring engine, mitigating risk across the full spectrum of credit products. In the U.S., CURO operates under several principal brands, including "Covington Credit," "Heights Finance," "Quick Credit," "Southern Finance" and "First Heritage Credit." Until July 2022, CURO also operated under "Speedy Cash," "Rapid Cash" and "Avio Credit." As of December 31, 2022, our store network consisted of 496 U.S. retail locations across 13 states. In Canada, we operate under “Cash Money” and “LendDirect” direct lending brands and the "Flexiti" point-of-sale brand. As of December 31, 2022, we operated our direct lending and online services in eight Canadian provinces and one Canadian territory. Our point-of-sale operations are available at over 8,400 retail locations and over 3,500 merchant partners across 10 provinces and two territories. Following the acquisitions in 2022 and 2021, the Company reports Flexiti operations as the "Canada POS Lending" segment and First Heritage and Heights Finance operations within the U.S. Direct Lending segment throughout this 2022 Form 10-K. Refer to Note 1 3 , "Segment Reporting " for further information. The Company has prepared the accompanying audited Consolidated Financial Statements in accordance with U.S. GAAP. The Company will continue to take advantage of the scaled disclosure requirements permitted by the SEC as a Smaller Reporting Company (SRC) for the periods presented. SRC status is determined on an annual basis as of the last business day of the most recently completed second fiscal quarter. Under these rules, the Company met the definition of an SRC as of June 30, 2022 and has elected to continue to report as an SRC. The Company will reevaluate its status as of June 30, 2023. Revised Revenue Presentation Beginning in the first quarter of 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 Consolidated Statements of Operations. Prior period amounts have been reclassified to conform with current period presentation. Revised Operating Expense Presentation Beginning in the fourth quarter of 2021, the Company revised its presentation of operating expenses in the Consolidated Statement of Operations. Where applicable, prior period amounts have been reclassified to conform to the current period presentation. These changes had no impact on the Company's previously reported consolidated results of operations or financial position. U.K. Segment Financial Information Recast for Discontinued Operations On February 25, 2019, the Company placed its U.K. segment into administration, which resulted in treatment of the U.K. segment as discontinued operations for all periods presented. Throughout this report, financial information for all periods are presented on a continuing operations basis, excluding the results and positions of the U.K. segment. See Note 22, "Discontinued Operations" for additional information. Principles of Consolidation The Consolidated Financial Statements reflect the accounts of CURO and its direct and indirect subsidiaries, including the divestiture of the Legacy U.S.Direct Lending Business on July 8, 2022 and the acquisition of First Heritage on July 13, 2022. Refer to Note 14, "Acquisitions and Divestiture" for further disclosures related to these acquisitions. Intercompany transactions and balances have been eliminated in consolidation. Use of Estimates The preparation of the 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 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 First Heritage, Heights Finance and Flexiti acquisitions. Actual results may differ from those estimates. Acquisitions First Heritage On July 13, 2022, CURO closed the acquisition of First Heritage, a consumer lender that provides near-prime installment loans along with customary opt-in insurance and other financial products, for a total purchase price of $140.0 million in cash. Heights Finance On December 27, 2021, CURO closed the acquisition of Heights Finance, a consumer finance company that provides Installment loans and offers customary opt-in insurance and other financial products, for a total purchase price of $360.0 million ($335.0 million in cash plus $25.0 million in stock). Flexiti On March 10, 2021, CURO closed its acquisition of Flexiti, a POS and BNPL provider based in Toronto, Ontario, in a transaction accounted for as a business combination, for a total purchase price of up to $122.5 million ($86.5 million in cash and up to $32.8 million in contingent cash consideration subject to future operating metrics). Ad Astra On January 3, 2020, the Company acquired 100% of the outstanding stock of Ad Astra, a related party, for $14.4 million, net of cash received. Prior to the acquisition, Ad Astra was the Company's exclusive provider of third-party collection services for owned and managed loans in the U.S. that are in later-stage delinquency. Ad Astra, now a wholly-owned subsidiary, is included in the Consolidated Financial Statements. Upon the sale of the Legacy U.S. Direct Lending Business in July 2022, Ad Astra continued to service these loans as part of the Transition Services Agreement with Community Choice Financial. In January 2023, the Company ceased operations of Ad Astra. Refer to Note 2 4, " Subsequent Ev ents " for further discussion on Ad Astra. Refer to Note 14,"Acquisitions and Divestiture" for further information regarding the acquisitions and Note 4 , " Goodwill and Intangibles " for the impact to the Company's goodwill balance as a result of the acquisitions. Divestiture Legacy U.S. Direct Lending Business On July 8, 2022, the Company completed the divestiture of its Legacy U.S. Direct Lending Business to Community Choice Financial, for total cash of $345.0 million, of which $35.0 million is payable over 12 months. The divestiture resulted in a gain of $68.4 million for the three and nine months ended September 30, 2022, which was recorded in "Gain on sale of business" on the Consolidated Statement of Operations. As a result of this sale, the Company no longer guarantees loans originated by third-party lenders through CSO programs. As such the Company's results of operations discussed in the following paragraphs only include the results from the CSO program through July 8, 2022. Note 14, "Acquisitions and Divestiture" for further information regarding the divestiture and Note 4 , "Goodwill" for the impact to the Company's goodwill balance as a result of the divestiture. Change in Accounting Principle Related to Equity Method Investment in Katapult CURO first invested in Katapult in 2017 and increased its investment in later years. Katapult is an e-commerce focused, FinTech company offering an innovative lease financing solution to consumers and enabling essential transactions at the merchant POS. The Company accounted for its investment in Katapult under the equity method of accounting as of December 31, 2022. Refer to Note 5 , "Fair Value Measurements" for further information regarding the accounting for the Company's investment in Katapult. Historically, the Company reported income and loss from its equity method investment in Katapult on a two-month reporting lag. The merger between Katapult and FinServ in June 2021 triggered a change in Katapult's control environment and reporting structure to coincide with SEC reporting requirements. As a result, during the first quarter of 2021, the Company applied a change in accounting principle to reflect the Company's share of Katapult's historical and ongoing results from a two-month reporting lag to a one-quarter reporting lag. The Company believes this change in accounting principle is preferable as it provides the Company with the ability to present the results of its equity method investment after Katapult’s results are publicly available and related internal controls have been completed. The Company has not retrospectively applied the change in accounting principle because the impact on the financial statements was immaterial for all periods presented. Impacts of COVID-19 As a result of COVID-19, our customers and their overall credit performance were impacted through the years ended December 31, 2022, 2021 and 2020. We have maintained our historical allowance approach, but have adjusted estimates for changes in past-due gross loans receivable due to market conditions. Revenue Recognition As a result of the sale of the Legacy U.S. Direct Lending Business on July 8, 2022, the Company no longer guarantees loans originated by third-party lenders through CSO programs. As such, the Company's results of operations discussed below only include the results from the CSO program through July 8, 2022. Refer to Note 14, "Acquisitions and Divestiture" for additional information. CURO offers a broad range of consumer finance products including Revolving LOC, Unsecured Installment, Secured Installment and Single-Pay loans. Revenue in the Consolidated Statements of Operations includes: interest income, Merchant Discount Revenue ("MDR"), finance charges, CSO fees, late fees, insurance protection fees, non-sufficient funds fees and other ancillary fees. Product offerings differ and are governed by laws in each jurisdiction. Revolving LOC revenues include interest income on outstanding revolving balances, MDR related to Canada POS Lending and other usage or maintenance fees as permitted by underlying statutes. Revolving LOC loans have a periodic payment that is a fixed percentage of the customer’s outstanding loan balance, and there is no defined loan term. The Company records revenue from Revolving LOC loans on a simple-interest basis. Accrued interest and fees are included in gross loans receivable in the Consolidated Balance Sheets. Installment revenue is comprised of both unsecured and secured installment revenue, which includes interest income and non-sufficient-funds or returned-items fees on late or defaulted payments on past-due loans, known as late fees. Late fees comprise less than 1% of Installment revenues. Installment loans are fully amortizing, with a fixed payment amount, which includes principal and accrued interest, due each period during the loan term. The loan terms for Installment loans can range up to 60 months depending on state or provincial regulations. The Company records revenue from Installment loans on a simple-interest basis. Accrued interest and fees are included in gross loans receivable in the Consolidated Balance Sheets as earned. CSO fees are recognized ratably over the term of the loan as earned. Secured Installment loans are similar to Unsecured Installment loans but are secured by a clear vehicle title or security interest in the vehicle. Single-Pay loan revenue, a component of installment revenue, consists primarily of unsecured, short-term, small denomination loans, with a small portion being auto title loans, which allow a customer to obtain a loan using their car as collateral. Revenues from Single-Pay loan products are recognized under the Installment revenue product. Revenues are recognized each period on a constant-yield basis ratably over the term of each loan as earned. The Company defers recognition of the unearned fees the Company expects to collect based on the remaining term of the loan at the end of each reporting period. Insurance premiums, commissions and other revenue includes revenue from a number of financial products such as check cashing, demand deposit accounts, optional credit protection insurance and money transfer services. Check cashing fees, money order fees and other fees from ancillary products and services are generally recognized at the POS when the transaction is completed. The sale of credit protection insurance and additional insurance the Company now offers as a result of the acquisition of Heights Finance and First Heritage are recognized ratably over the term of the loan. The Company is required to maintain an actuarial determined reserve for Heights Finance insurance products due to its reinsurance activities. As of December 31, 2022, the reserve was $1.9 million and is reported in "Accounts payable and accrued liabilities" in the Consolidated Balance Sheet. Merchant Discount Revenue Following the acquisition of Flexiti, the Company recognizes MDR, which represents a fee charged to merchant partners to facilitate customer purchases at merchant locations. The fee is recorded as unearned revenue when received and recognized over the expected loan term. The amount of fees charged, or merchant discount, is generally deducted from the payment to the merchant at the time a customer enters into a POS transaction with the merchant. The merchant discount rate is individually negotiated between the Company and each merchant and is initially recorded as deferred revenue upon the completion of each POS transaction. Cash and cash equivalents The Company considers deposits in banks and short-term investments with original maturities of 90 days or less as cash and cash equivalents. Restricted Cash The Company's restricted cash includes deposits in collateral accounts with financial institutions, consumer deposits related to prepaid cards and checking account programs and funds related to loan facilities disclosed in Note 3 , "Variable Interest Entities." In connection with insurance products offered by Heights Finance, certain of the Company's cash is restricted by agreements with financial institutions to meet certain state licensing requirements as required under various reinsurance agreements. As of December 31, 2022, our restricted cash related balance included $21.4 million for the Heights Finance reinsurance program and $52.3 million held for funding facilities. See Note 3, "Variable Interest Entities" and Note 6, "Debt" for further discussion on these facilities. Consumer Loans Receivable Consumer loans receivable are net of the allowance for loan losses, unearned insurance, unearned interest and fees and unamortized fair value discount for acquired loans receivable and are comprised of Revolving LOC, Unsecured Installment, Secured Installment and Single-Pay loans. Revolving LOC loans are lines of credit without a specified maturity date. Revolving LOC loans require periodic payments of principal and interest that is a fixed percentage of the customer's outstanding loan balance. Customers in good standing may draw against their line of credit, repay with minimum, partial or full payments and redraw as needed. Unsecured Installment and Secured Installment loans are fully amortizing loans with a fixed payment amount due each period during the term of the loan. The loan terms for Unsecured Installment and Secured Installment loans can range up to 60 months, depending on state regulations. Secured Installment loans are typically collateralized by titled vehicles. Revolving LOC loans are primarily unsecured. The product offerings differ by jurisdiction and are governed by the laws in each jurisdiction. Single-Pay loans are primarily unsecured, short-term, small denomination loans, with a small portion being auto title loans, which allow a customer to obtain a loan using their car as collateral. A Single-Pay loan transaction consists of providing a customer cash in exchange for the customer’s personal check or ACH authorization (in the aggregate amount of that cash plus a service fee), with an agreement to defer the presentment or deposit of that check or scheduled ACH withdrawal until the customer’s next payday, which is typically either two weeks or a month from the loan’s origination date. An auto title loan allows a customer to obtain a loan using the customer’s car as collateral for the loan, with a typical loan term of 30 days. Single-Pay loans are classified as Installment loans. Current and Past-Due Loans Receivable CURO classifies loans receivable as either current or past due. Single-Pay loans are considered past-due if a customer misses a scheduled payment, at which point the loan is charged-off. If a U.S. Direct Lending customer misses a scheduled payment for Revolving LOC or Installment loans, the entire customer balance is classified as past-due and is charged-off when the loan has been contractually past-due for 180 consecutive days. If a Canada Direct Lending or Legacy U.S. Direct Lending customer misses a scheduled payment for Revolving LOC or Installment loans, the entire customer balance is classified as past-due and is charged-off when the loan has been contractually past-due for 90 consecutive days. Canada POS Lending loans historically were charged-off when the loan was contractually past due for 180 days. Beginning January 1, 2023, Canada Direct Lending loans will have the same charge-off policy as U.S. Direct Lending loans. All loan receivables charge-off when notice of customer bankruptcy or consumer proposal has been received. Allowance for Loan Losses The Company maintains an ALL for loans and interest receivable at a level estimated to be adequate to absorb incurred losses based primarily on the Company's analysis of historical loss or charge-off rates for loans containing similar risk characteristics. The ALL on gross loans receivables reduces the outstanding gross loans receivables balance in the Consolidated Balance Sheets. Changes in the ALL, net of charge-offs and recoveries, are recorded as “Provision for losses” in the Consolidated Statements of Operations. In addition to an analysis of historical loss and charge-off rates, the Company also considers delinquency trends and any macro-economic conditions that it believes may affect portfolio losses. If a loan is deemed to be uncollectible before it is fully reserved based on received information (e.g., receipt of customer bankruptcy notice or death), the Company charges off the loan at that time. Qualitative factors such as 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 impact management’s judgment on the overall adequacy of the ALL. Any recoveries on loans previously charged to the ALL are credited to the ALL when collected. Troubled Debt Restructuring In certain circumstances, the Company modifies the terms of its loans receivable for borrowers. Under U.S. GAAP, a modification of loans receivable terms is considered a TDR if the borrower is experiencing financial difficulty and the Company grants a concession to the borrower it would not have otherwise granted under the terms of the original agreement. The Company modifies loans only if it believes the customer has the ability to pay under the restructured terms. The Company continues to accrue and collect interest on these loans in accordance with the restructured terms. The Company records its ALL related to TDRs by discounting the estimated cash flows associated with the respective TDR at the effective interest rate immediately after the loan modification and records any difference between the discounted cash flows and the carrying value as an ALL adjustment. A loan that has been classified as a TDR remains so classified until the loan is paid off or charged-off. A TDR is charged off consistent with the Company's policies for the related loan product. Loans Receivable on a Non-Accrual Basis The Company may place loans receivable on non-accrual status due to statutory requirements or, if in management’s judgment, the timely collection of principal and interest becomes uncertain. After a loan is placed on non-accrual status, no further interest is accrued. Loans remain on non-accrual status until payment or charged-off. Payments are applied initially to any outstanding past due loan balances prior to current loan balances. Not all past-due payments will bring a loan off non-accrual status. The Company's policy for determining past due status is consistent with the accounts receivable aging disclosure. Credit Services Organization As a result of the sale of the Legacy U.S. Direct Lending Business on July 8, 2022, the Company no longer guarantees loans originated by third-party lenders through CSO programs. Refer to Note 14, "Acquisitions and Divestiture" for additional information. The paragraphs below outline the Company's accounting for the CSO program through July 8, 2022, the date of the divestiture of the CSO program. Through the CSO programs, the Company acted as a CSO/CAB on behalf of customers in accordance with applicable state laws. The Company offered loans through CSO programs in stores and online in the state of Texas. As a CSO, CURO earned revenue by charging the customer a CSO fee for arranging an unrelated third-party to make a loan to that customer. When a customer executed an agreement with CURO under the CSO programs, the Company agreed, for a CSO fee payable to the Company by the customer, to provide certain services to the customer, one of which was to guarantee the customer’s obligation to repay the loan to the third-party lender. CSO fees were calculated based on the amount of the customer's outstanding loan. For CSO loans, each lender was responsible for providing the criteria by which the customer’s application was underwritten and, if approved, determining the amount of the customer loan. The Company was, in turn, responsible for assessing whether or not to guarantee the loan. This guarantee represented an obligation to purchase loans if they were charged-off. CURO estimated a liability for losses associated with the guaranty provided to the CSO lenders using assumptions and methodologies similar to the ALL, which was recognized for the consumer loans and included as "Liability for losses on CSO lender-owned consumer loans" on the Consolidated Balance Sheets. For services provided under the CSO programs, the Company received payments from customers on their scheduled loan repayment due dates. The CSO fee was earned ratably over the term of the loan as the customers made payments. If a loan was paid off early, no additional CSO fees were due or collected. Since CSO loans were made by a third-party lender, they were not included in the Company's Consolidated Balance Sheets as loans receivable. CSO fees receivable were included in “Prepaid expenses and other” in the Consolidated Balance Sheets. The Company received cash from customers for these fees on their scheduled loan repayment due dates. For additional information on CSO loans, refer to Note 20 , "Credit Services Organization." Variable Interest Entities As part of its funding strategy and efforts to support the liquidity from sources other than the traditional capital market sources, the Company established a securitization program through the Heights SPV, First Heritage SPV, Flexiti SPV, Flexiti Securitization and Canada SPV facilities. See Note 3 , "Variable Interest Entities" and Note 6 , "Debt" for further discussion on these facilities. The Company transfers certain consumer loan receivables to the VIEs that issues term notes backed by the underlying consumer loan receivables which are serviced by other wholly-owned subsidiaries. For each facility, the Company has the ability to direct the activities of the VIE that most significantly impact the economic performance of the entities as the servicer of the securitized loan receivables. Additionally, CURO has the right to receive residual payments, which exposes the Company to the potential for significant losses and returns. Accordingly, the Company determined that they are the primary beneficiary of the VIEs and are required to consolidate them. Derivatives As foreign currency exchange rates change, translation of the financial results of the Canadian operations into U.S. Dollars are impacted. Operations in Canada represent a significant portion of total operations, and material changes in the currency exchange rates as between these two countries could have a significant impact on the Company's consolidated financial condition, results of operations or cash flows. The Company may elect to purchase derivatives to hedge exposures that would qualify as a cash flow or fair value hedge. The Company records derivative instruments at fair value as either an asset or liability on the Consolidated Balance Sheet. Changes in the derivative instruments' intrinsic value, to the extent that they are effective as a hedge, are recorded in Other comprehensive income (loss). For derivatives that qualify and have been designated as cash flow or fair value hedges for accounting purposes, the changes in fair value have no net impact on earnings, to the extent the derivative is considered perfectly effective in achieving offsetting changes in fair value or cash flows attributable to the risk being hedged, until the hedged item is recognized in earnings (commonly referred to as the “hedge accounting” method). During the year ended December 31, 2022, the Company entered into interest rate swaps on both the Flexiti SPV and Flexiti Securitization facilities. See Note 6, "Debt" for further discussion on these facilities. Property and Equipment Property and equipment is carried at cost less accumulated depreciation and amortization, except for property and equipment accounted for as part of a business combination, which is carried at fair value as of the acquisition date less accumulated depreciation and amortization. Expenditures for significant additions and improvements are capitalized. Maintenance repairs and renewals, that do not materially add to the fixed asset's value or appreciably prolong its life, are charged to expense as incurred. Gains and losses on dispositions of property and equipment are included in results of operations. The estimated useful lives for furniture, fixtures and equipment are five years to seven years. The estimated useful lives for leasehold improvements can vary from five years to 15 years, not to exceed the remaining term of the lease. Depreciation and amortization are computed using the straight-line method over the estimated useful lives of the depreciable or amortizable assets. Business Combination Accounting Business combination accounting requires that the Company determines the fair value of all assets acquired, including identifiable intangible assets, liabilities assumed and contingent consideration issued in a business combination. The cost of the acquisition is allocated to these assets and liabilities in amounts equal to the estimated fair value of each asset and liability as of the acquisition date, and any remaining acquisition cost is classified as goodwill. This allocation process requires extensive use of estimates and assumptions, including estimates of future cash flows to be generated by the acquired assets. The Company engages third-party appraisal firms to assist in fair value determination when appropriate. The acquisitions may also include contingent consideration, or earn-out provisions, which provide for additional consideration to be paid to the seller if certain conditions are met in the future. These earn-out provisions are estimated and recognized at fair value at the acquisition date based on projected earnings or other financial metrics over specified future periods. These estimates are reviewed during each subsequent reporting period and adjusted based upon actual results. Acquisition-related costs for potential and completed acquisitions are expensed as incurred and included in "Other operating expense" in the Consolidated Statements of Operations. Goodwill is initially valued based on the excess of the purchase price of a business combination over the fair value of the acquired net assets recognized and represents the future economic benefits arising from other assets acquired that could not be individually identified and separately recognized. Intangible assets other than goodwill are initially valued at fair value. When appropriate, the Company utilizes independent valuation experts to advise and assist in determining the fair value of the identified intangible assets acquired in connection with a business acquisition and in determining appropriate amortization methods and periods for those intangible assets. Any contingent consideration included as part of the purchase is recognized at its fair value on the acquisition date. Goodwill and Intangible Assets Goodwill represents the excess of the purchase price over the fair value of the net tangible and identifiable intangible assets acquired in each business combination at the time of acquisition. In accordance with ASC 350, Intangibles - Goodwill and Other ("ASC 350"), the Company performs impairment testing for goodwill and indefinite-lived intangible assets annually, as of October 1st, or whenever indicators of impairment exist. An impairment would occur if the carrying amount of a reporting unit exceeded the fair value of that reporting unit. These events or circumstances could include a significant change in the business climate, a change in strategic direction, legal factors, operating performance indicators, a change in the competitive environment, the sale or disposition of a significant portion of a reporting unit or economic outlook. The Company recorded an impairment loss on goodwill for the U.S. Direct Lending and Canada POS Lending reporting units during the year-ended December 31, 2022. No impairment was recorded on the Canada Direct Lending during the year-ended December 31, 2022 or any reporting unit for the year ended December 31, 2021. Goodwill The annual impairment review for goodwill consists of performing a qualitative assessment to determine whether it is more likely than not that a reporting unit’s fair value is less than its carrying amount as a basis for determining whether or not further testing is required. The Company may elect to bypass the qualitative assessment and proceed directly to the two-step process, for any reporting unit, in any period. The Company can resume the qualitative assessment for any reporting unit in any subsequent period. If the Company determines, on the basis of qualitative factors, that it is more likely than not that the fair value of the reporting unit is less than the carrying amount, the Company will then apply a two-step process of (i) determining the fair value of the reporting unit and (ii) comparing it to the carrying value of the net assets allocated to the reporting unit. Management uses both the income approach and market approach to complete its annual goodwill valuation. The income approach uses future cash flows and estimated terminal values for the Company that are discounted using a market participant perspective to determine the fair value. The income approach includes assumptions about revenue growth rates, operating margins and terminal growth rates discounted by an estimated weighted-average cost of capital. The market approach calculates the fair value of the invested capital based on the Company’s market capitalization and a comparison to guideline public companies multiples. When performing the two-step process, if the fair value of the reporting unit exceeds it carrying value, no further analysis or write-down of goodwill is required. In the event the estimated fair value of a reporting unit is less than the carrying value, the Company would recognize an impairment loss equal to such excess, which could significantly and adversely impact

LOANS RECEIVABLE AND REVENUE

LOANS RECEIVABLE AND REVENUE	12 Months Ended
	Dec. 31, 2022
Receivables [Abstract]
LOANS RECEIVABLE AND REVENUE	NOTE 2 – LOANS RECEIVABLE AND REVENUE As a result of the sale of the Legacy U.S. Direct Lending Business on July 8, 2022, the Company no longer guarantees loans originated by third-party lenders through CSO programs. The Company will continue to present these loans in the tables that follow based on historical practice and for comparability purposes. The following table summarizes revenue by product (in thousands): For the Year Ended December 31, 2022 2021 2020 Revolving LOC $ 345,813 $ 294,591 $ 249,502 Installment 559,594 449,144 538,685 Total interest and fees revenue 905,407 743,735 788,187 Insurance premiums and commissions 88,490 49,410 35,553 Other revenue 32,021 24,698 23,655 Total revenue (1) $ 1,025,918 $ 817,843 $ 847,396 (1) Includes revenue from CSO programs of $101.2 million, $167.1 million and $185.5 million for the years ended December 31, 2022, 2021 and 2020, respectively. December 31, 2022 Revolving LOC Installment (1) Total Current loans receivable $ 1,194,554 $ 649,262 $ 1,843,816 1-30 days past-due 46,956 76,709 123,665 31-60 days past-due 17,677 21,480 39,157 61-90 days past-due 12,190 14,143 26,333 91 + days past-due 13,138 41,724 54,862 Total delinquent loans receivable 43,005 77,347 120,352 Total loans receivable 1,284,515 803,318 2,087,833 Less: allowance for losses (78,815) (43,213) (122,028) Loans receivable, net $ 1,205,700 $ 760,105 $ 1,965,805 (1) Of the $803.3 million of installment receivables, $12.7 million relate to mandated extended payment options for certain Canada Single-Pay loans. December 31, 2021 Revolving LOC Installment - Company Owned (1) Total Current loans receivable $ 843,379 $ 512,207 $ 1,355,586 1-30 days past-due 35,657 58,373 94,030 31-60 days past-due 15,452 21,185 36,637 61-90 days past-due 13,397 17,146 30,543 91 + days past-due 6,228 25,294 31,522 Delinquent loans receivable 35,077 63,625 98,702 Total loans receivable 914,113 634,205 1,548,318 Less: allowance for losses (68,140) (19,420) (87,560) Loans receivable, net $ 845,973 $ 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. The following tables summarize loans Guaranteed by the Company under CSO programs and the related delinquent receivables (in thousands): December 31, 2021 Total Installment - Guaranteed by the Company Current loans receivable Guaranteed by the Company $ 38,102 1-30 days past-due 6,795 Delinquent loans receivable Guaranteed by the Company 1,420 Total loans receivable Guaranteed by the Company 46,317 Less: Liability for losses on CSO lender-owned consumer loans (6,908) Loans receivable Guaranteed by the Company, net $ 39,409 December 31, 2021 Total Installment - Guaranteed by the Company Delinquent loans receivable 31-60 days past-due $ 1,031 61-90 days past-due 285 91 + days past-due 104 Total delinquent loans receivable $ 1,420 The following tables summarize activity in the ALL and the liability for losses on CSO lender-owned consumer loans in total (in thousands): For the Year Ended Revolving LOC Installment Other Total Allowance for loan losses: Balance, beginning of period $ 68,140 $ 19,420 $ — $ 87,560 Charge-offs (162,587) (221,197) (11,443) (395,227) Recoveries 27,976 85,033 1,401 114,410 Net charge-offs (134,611) (136,164) (10,042) (280,817) Provision for losses 166,414 173,810 10,042 350,266 Divestiture (2) (13,555) (13,691) — (27,246) Effect of foreign currency translation (7,573) (162) — (7,735) Balance, end of period $ 78,815 $ 43,213 $ — $ 122,028 Liability for losses on CSO lender-owned consumer loans: (1) Balance, beginning of period $ — $ 6,908 $ — $ 6,908 Decrease in liability — (1,280) — (1,280) Divestiture (2) — (5,628) — (5,628) Balance, end of period $ — $ — $ — $ — (1) All balances in connection with the CSO programs were disposed of on July 8, 2022 upon the divestiture of the Legacy U.S. Direct Lending Business. (2) Write off of the ALL or liability for losses on CSO lender-owned consumer loans related to loan balance sold or guarantees transferred from the Company on July 8, 2022 upon the divestiture of the Legacy U.S. Direct Lending Business. For the Year Ended Revolving LOC Installment Other Total Allowance for loan losses: Balance, beginning of period $ 51,958 $ 34,204 $ — $ 86,162 Charge-offs (114,827) (191,734) (3,911) (310,472) Recoveries 29,454 107,147 1,810 138,411 Net charge-offs (85,373) (84,587) (2,101) (172,061) Provision for losses 102,457 69,766 2,101 174,324 Effect of foreign currency translation (902) 37 — (865) Balance, end of period $ 68,140 $ 19,420 $ — $ 87,560 Liability for losses on CSO lender-owned consumer loans: Balance, beginning of period $ — $ 7,228 $ — $ 7,228 Decrease in liability — $ (320) — $ (320) Balance, end of period $ — $ 6,908 $ — $ 6,908 As of December 31, 2022, Revolving LOC and Installment loans classified as non-accrual were $5.3 million and $54.6 million, respectively. As of December 31, 2021, Revolving LOC and Installment loans classified as non-accrual were $5.9 million and $41.4 million, respectively. The Company inherently considers non-accrual loans in its estimate of the ALL. 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 December 31, 2022 As of December 31, 2021 Current TDR gross receivables $ 10,169 $ 11,580 Delinquent TDR gross receivables 2,635 5,066 Total TDR gross receivables 12,804 16,646 Less: Impairment included in the allowance for loan losses (2,691) (3,632) Less: Additional allowance (660) (2,212) Outstanding TDR receivables, net of impairment $ 9,453 $ 10,802 The tables below present loans modified and classified as TDRs during the periods presented (in thousands): For the Year Ended December 31, 2022 2021 2020 Pre-modification TDR loans receivable $ 9,030 $ 16,255 $ 38,930 Post-modification TDR loans receivable 8,702 14,538 34,252 Total concessions included in gross charge-offs $ 328 $ 1,717 $ 4,678 There were $5.4 million and $14.0 million of loans classified as TDRs that were charged off and included as a reduction in the ALL during the year ended December 31, 2022 and 2021, respectively. The Company had commitments to lend additional funds of $1.4 million to customers with available and unfunded Revolving LOC loans classified as TDRs as of December 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): For the Year Ended December 31, 2022 2021 2020 Average outstanding TDR loans receivable $ 11,065 $ 18,259 $ 20,631 Interest income recognized 5,320 18,328 17,074 Number of TDR loans 3,531 11,693 27,082

VARIABLE INTEREST ENTITIES

VARIABLE INTEREST ENTITIES	12 Months Ended
	Dec. 31, 2022
Organization, Consolidation and Presentation of Financial Statements [Abstract]
VARIABLE INTEREST ENTITIES	NOTE 3 – VARIABLE INTEREST ENTITIES As of December 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. See Note 6 , "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 Consolidated Financial Statements. The carrying amounts of consolidated VIEs' assets and liabilities were as follows (in thousands): December 31, December 31, Assets Restricted cash $ 52,277 $ 57,155 Loans receivable, net 1,855,824 1,228,088 Prepaid expenses and other 12,908 — Deferred tax assets 17,027 — Total Assets $ 1,938,036 $ 1,285,243 Liabilities Accounts payable and accrued liabilities $ 13,571 $ 9,886 Deferred revenue 31 106 Deferred tax liability — 269 Accrued interest 7,023 3,279 Income taxes payable 7,850 — Debt, net 1,589,380 965,072 Total Liabilities $ 1,617,855 $ 978,612

GOODWILL AND INTANGIBLES

GOODWILL AND INTANGIBLES	12 Months Ended
	Dec. 31, 2022
Goodwill and Intangible Assets Disclosure [Abstract]
GOODWILL AND INTANGIBLES	NOTE 4 – GOODWILL AND INTANGIBLES Goodwill The Goodwill balance includes impairments recorded on the U.S. Direct Lending and Canada POS Lending reporting units in the fourth quarter of 2022. The change in the carrying amount of Goodwill by operating segment, known as reporting unit for goodwill testing purposes, for the years ended December 31, 2022 and 2021, was as follows (in thousands): U.S. Direct Lending Canada Direct Lending Canada POS Lending Total Goodwill at December 31, 2020 $ 105,922 $ 30,169 $ — $ 136,091 Foreign currency translation — (64) (515) (579) Measurement period adjustment — — (4,478) (4,478) Acquisition (Note 14) 253,857 — 44,901 298,758 Goodwill at December 31, 2021 359,779 30,105 39,908 429,792 Foreign currency translation — (1,847) (2,494) (4,341) Measurement period adjustment 11,825 — — 11,825 Divestiture (Note 14) (91,131) — — (91,131) Acquisition (Note 14) 75,365 — — 75,365 Goodwill Impairment Charge (107,827) — (37,414) (145,241) Goodwill at December 31, 2022 $ 248,011 $ 28,258 $ — $ 276,269 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" for additional information on the Company's policy for assessing goodwill for impairment. During the fourth quarter of 2022, the Company performed a quantitative assessment for each of its reporting units. Management considered the income approach and the guideline public company approach in determining a fair value for each of the three reporting units for purposes of testing the goodwill. Management utilized both the income approach and guideline public company approach equally weighted at 50% to estimate fair value. The income approach estimates fair value using the present value of future cash flows and the guideline public company approach estimates fair value using the fair value of publicly traded businesses in a similar line of business. Management determined that the fair value of each of the U.S. Direct Lending and Canada POS Lending reporting units were less than their respective carrying values. As a result, the Company recognized a non-cash pre-tax impairment charge of $107.8 million on the U.S. Direct Lending reporting unit and $37.4 million on the Canada POS Lending reporting unit during the year ended December 31, 2022 to write down the carrying value of goodwill. The non-cash impairment charge is included in Goodwill impairment in the Consolidated Statements of Operations for the year ended December 31, 2022. Management concluded that the estimated fair value of the Canada Direct Lending reporting unit was greater than its carrying value, as of the annual assessment date. As such, no impairment was required on the Canada Direct Lending reporting unit. The Company performed a qualitative assessment for its reporting units as of December 31, 2022. As a result of the earlier triggering event review, the Company concluded an additional assessment was not necessary and did not record an additional impairment loss during the quarter ended December 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 over the fair value of the acquired net assets. Goodwill of $39.9 million was net of $4.5 million of adjustments upon the conclusion of the measurement period, and a $0.5 million of foreign currency translation impact as of December 31, 2021. See Note 14, "Acquisitions and Divestiture" 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. The Company recorded a net $11.8 million of adjustments during the fiscal year 2022, resulting in a goodwill balance of $265.7 million, as of December 31, 2022 upon the conclusion of the measurement period. See Note 14, "Acquisitions and Divestiture" for more information related to the business combination. Legacy U.S. Direct Lending Business Divestiture On July 8, 2022 the Company completed the divestiture of its Legacy U.S. Direct Lending Business to Community Choice Financial, for total sale proceeds of $349.2 million, net of working capital adjustments, comprised of $314.2 million of cash received at close and $35.0 million in cash payable in monthly installment payments over the subsequent 12 months. The divestiture resulted in a gain of $68.4 million in the three and nine months ended September 30, 2022, which was recorded in "Gain on sale of business" on the Consolidated Statement of Operations. As part of the sale, $91.1 million of goodwill was written off. See Note 14,"Acquisitions and Divestiture" for more information related to the divestiture. First Heritage Acquisition On July 13, 2022, CURO closed the acquisition of First Heritage, a consumer lender that provides near-prime installment loans along with customary opt-in insurance and other financial products for a total purchase price of $140.0 million in cash. Provisional goodwill was recorded at $75.4 million.See Note 14, "Acquisitions and Divestiture" for more information related to the business combination. Intangibles Identifiable intangible assets consisted of the following: December 31, 2022 December 31, 2021 Weighted-Average Remaining Life (Years) Gross Accumulated Net Gross Accumulated Net Assets not subject to amortization Trade name — $ 21,432 $ — $ 21,432 $ 22,832 $ — $ 22,832 Assets subject to amortization Merchant relationships 3.3 18,265 (6,610) 11,655 19,459 (3,151) 16,308 Customer relationships 2.4 18,005 (5,957) 12,048 20,285 (10,295) 9,990 Computer software (1) 5.4 101,899 (30,833) 71,066 81,844 (25,453) 56,391 Trade name 11.6 8,411 (935) 7,476 4,621 (212) 4,409 Balance, end of year $ 168,012 $ (44,335) $ 123,677 $ 149,041 $ (39,111) $ 109,930 (1) Includes internally developed software, of $60.6 million and $44.7 million, net, as of December 31, 2022 and 2021, respectively. The Company's identifiable intangible assets are amortized using the straight-line method over the estimated remaining useful lives, except for the Cash Money trade name intangible asset that has a carrying amount of $21.4 million, which was determined to have an indefinite life and is not amortized. The estimated useful lives for the Company's other intangible assets range from one The following table outlines the estimated amortization expense related to intangible assets held at December 31, 2022 for each of the next five years (in thousands): Year Ending December 31, 2023 $ 23,817 2024 21,859 2025 16,947 2026 6,158 2027 4,252

FAIR VALUE MEASUREMENTS

FAIR VALUE MEASUREMENTS	12 Months Ended
	Dec. 31, 2022
Fair Value Disclosures [Abstract]
FAIR VALUE MEASUREMENTS	NOTE 5 – 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 inputs, 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 Consolidated Balance Sheets at December 31, 2022 (in thousands): Estimated Fair Value Carrying Value December 31, Level 1 Level 2 Level 3 Total Financial assets: Cash Surrender Value of Life Insurance $ 7,591 $ 7,591 $ — $ — $ 7,591 Derivative assets 7,458 — 7,458 — 7,458 Financial liabilities: Non-qualified deferred compensation plan $ 5,149 $ 5,149 $ — $ — 5,149 Contingent consideration related to acquisition 16,884 — — 16,884 16,884 Derivative Assets The Company uses interest rate swaps to manage interest rate risk exposure on variable rate debt. The Company typically classifies these derivatives as Level 2, given that significant inputs can be observed in a liquid market and the model itself does not require significant judgment. These derivative assets are included in other assets Note 6 , "Debt ." 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 decreased from the initial measurement of $20.6 million as of March 31, 2021 to $16.9 million as of December 31, 2022. The Company paid $1.0 million of contingent consideration in July 2022. For additional information on Flexiti and the related contingent consideration, refer to Note 14, "Acquisitions and Divestiture." 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 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 Consolidated Balance Sheets at December 31, 2022 (in thousands): Estimated Fair Value Carrying Value December 31, Level 1 Level 2 Level 3 Total Financial assets: Cash and cash equivalents $ 73,932 $ 73,932 $ — $ — $ 73,932 Restricted cash 91,745 91,745 — — 91,745 Loans receivable, net 1,965,805 — — 1,965,805 1,965,805 Investment in Katapult 23,915 20,624 — — 20,624 Financial liabilities: 7.50% Senior Secured Notes $ 982,934 $ — $ 466,500 $ — $ 466,500 Heights SPV 393,181 — — 393,181 393,181 First Heritage SPV 178,622 — — 182,751 182,751 Flexiti SPV 339,651 — — 343,565 343,565 Flexiti Securitization 385,054 — — 387,759 387,759 Canada SPV 292,872 — — 294,594 294,594 The table below presents the assets and liabilities that were not carried at fair value on the 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 Investment in Katapult 27,900 72,627 — — 72,627 Financial liabilities: Liability for losses on CSO lender-owned consumer loans (1) $ 6,908 $ — $ — $ 6,908 $ 6,908 7.50% Senior Secured Notes 980,721 — 1,005,700 — 1,005,700 U.S. SPV (1) 45,392 — — 49,456 49,456 Canada SPV 157,813 — — 160,533 160,533 Flexiti SPV 172,739 — — 176,625 176,625 Flexiti Securitization 239,128 — — 242,886 242,886 Heights Finance SPV 350,000 — — 350,000 350,000 (1) Liabilities were disposed of when we completed the divestiture of the Legacy U.S. Direct Lending Business on July 8, 2022. Loans Receivable, Net Loans receivable are carried on the 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 2 , "Loans Receivable and Revenue" for additional information. CSO Program Following the sale of the Legacy U.S. Direct Lending Business on July 8, 2022, the Company no longer guarantees loans originated by third-party lenders through CSO programs. The Company will continue to present these loans in the tables that follow based on historical practice and for comparability purposes. Refer to Note 14, "Acquisitions and Divestiture" for additional information. In connection with CSO programs, the Company guaranteed consumer loan payment obligations to unrelated third-party lenders for loans that the Company arranged for consumers on the third-party lenders’ behalf. The Company was required to purchase from the lender charged-off loans that it had guaranteed. Refer to Note 2 , "Loans Receivable and Revenue" and Note 20 , Credit Services Organization" for additional information. All balances in connection with the CSO programs were disposed of with the completion of the divestiture of the Legacy U.S. Direct Lending Business on July 8, 2022. 7.50% Senior Secured Notes, Heights SPV, First Heritage SPV, Flexiti SPV, Flexiti Securitization, Canada SPV, Curo Canada Revolving Credit Facility and Senior Revolver (U.S. SPV and Heights Finance SPV extinguished during the third quarter of 2022) The fair value disclosures for the 7.50% Senior Secured Notes as of December 31, 2022 and December 31, 2021 were based on observable market trading data. The fair values of the Heights SPV, First Heritage SPV, Flexiti SPV, Flexiti Securitization, Canada SPV, Curo Canada Revolving Credit Facility 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, 2019 $ 10,068 $ — $ 10,068 Equity method income 4,546 — 4,546 Accounting policy change for certain securities from equity method investment to measurement alternative (12,452) 12,452 — Purchases of common stock warrants and preferred shares 4,030 7,157 11,187 Purchases of common stock 1,570 — 1,570 Balance at December 31, 2020 7,762 19,609 27,371 Equity method income 3,658 — 3,658 Conversion of investment (2) 6,481 (19,609) (13,128) Purchases of common stock 9,999 — 9,999 Balance at December 31, 2021 27,900 — 27,900 Equity method loss (3,985) — (3,985) Balance at December 31, 2022 $ 23,915 $ — $ 23,915 (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 a loss of $1.9 million for the three months ended December 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). 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. Both the equity method investment and the previously recognized investment measured at cost minus impairment are presented within "Investment in Katapult" on the Consolidated Balance Sheets. The Company owns 19.5% of Katapult on a fully diluted basis assuming full pay-out of earn-out shares as of December 31, 2022, and 18.2% excluding pay-out of earn-out shares.

DEBT

DEBT	12 Months Ended
	Dec. 31, 2022
Debt Disclosure [Abstract]
DEBT	NOTE 6 – DEBT As of September 30, 2022, the Company transitioned all variable rate debt facilities utilizing LIBOR to SOFR. Refer to Note 1, "Summary of Significant Accounting Policies and Nature of Operations" for additional details on the transition from LIBOR. The Company's debt instruments and balances outstanding as of December 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 December 31, 2022 December 31, 2021 Corporate Debt: 7.50% Senior Secured Notes August 1, 2028 7.50 % $ 1,000,000 $ 1,000,000 Total corporate debt 1,000,000 1,000,000 Funding Debt: Heights SPV July 15, 2025 1-Mo SOFR + 4.25% $425.0 million $ 400,758 $ — First Heritage SPV July 13, 2025 1-Mo SOFR + 4.25% $225.0 million 182,751 — Flexiti SPV (1) September 29, 2025 Weighted average interest rate (4)(7) 8.33% C$535.0 million 343,565 176,625 Flexiti Securitization (1) (5) December 9, 2025 1-Mo CDOR + 3.59% (7) C$526.5 million 387,759 242,886 Canada SPV (1) August 2, 2026 3-Mo CDOR + 6.00% C$400.0 million 294,594 160,533 Heights Finance SPV (3) N/A (3) 1-Mo LIBOR + 5.25% $350.0 million — 350,000 U.S. SPV (2) N/A (2) 1-Mo LIBOR + 6.25% $200.0 million — 49,456 Curo Canada Revolving Credit Facility (1)(6) On-demand Canada Prime Rate + 1.95% C$5.0 million — — Senior Revolver August 31, 2023 1-Mo SOFR + 5.00% $40.0 million 35,000 — Total funding debt $ 1,644,427 $ 979,500 Less: debt issuance costs (37,113) (33,707) Total Debt $ 2,607,314 $ 1,945,793 (1) Capacity amounts are denominated in Canadian dollars, whereas outstanding balances as of December 31, 2022 and December 31, 2021 are denominated in U.S. dollars. The exchange rate applied at December 31, 2022 was 0.7365 and the exchange rate at December 31, 2021 was 0.7846. (2) The U.S. SPV was extinguished on July 8, 2022 upon the divestiture of the Legacy U.S. Direct lending Business. (3) The Heights Finance SPV was extinguished on July 15, 2022 and replaced as of July 15, 2022 with Heights SPV. (4) The weighted average interest rate does not include the impact of the amortization of deferred loan origination costs or debt discounts. (5) The effective rate is 7.09%. (6) On December 21, 2022, the maximum amount of the CURO Canada Revolving Credit Facility was reduced from C$10.0 million to C$5.0 million, and the facility was cancelled on January 6, 2023. (7) Swapped to fixed rate via interest rate swap hedging arrangement entered into on July 7, 2022 for Flexiti Securitization and October 11, 2022 for Flexiti SPV. 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, also maturing on August 1, 2028, to fund the acquisition of Heights Finance. Refer to Note 14, "Acquisitions and Divestiture " for additional details. In connection with the 7.50% Senior Secured Notes, financing costs of $17.1 million were capitalized, net of amortization, and included in the 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 December 31, 2022, the Company had five credit facilities whereby loans receivable were sold to wholly-owned VIEs to collateralize debt incurred under each facility. These facilities are the (i) Heights SPV, (ii) First Heritage SPV, (iii) Canada SPV, (iv) Flexiti SPV and (v) Flexiti Securitization. For further information on these facilities, refer to Note 3 , "Variable Interest Entities" . Heights SPV On July 15, 2022, we entered into a new $425.0 million non-recourse revolving warehouse facility to replace the incumbent lender's facility and finance future loans originated by Heights Finance. The effective interest rate is 1-month SOFR plus 4.25%. The Company also pays a 0.50% per annum commitment fee on the unused portion of the commitments. The warehouse revolving period matures on July 15, 2025. First Heritage SPV On July 13, 2022, concurrently with the closing of the First Heritage acquisition, the Company entered into a $225.0 million non-recourse revolving warehouse facility to replace the incumbent lender's facility and finance future loans originated by First Heritage. The effective interest rate is 1-month SOFR plus 4.25%. The Company also pays a 0.50% per annum commitment fee on the unused portion of the commitments. The warehouse revolving period matures on July 13, 2025. Flexiti SPV On September 29, 2022, Flexiti refinanced and increased its Flexiti SPV in order to increase the borrowing capacity from C$500.0 million to C$535.0 million and extend its maturity to September 29, 2025. As of December 31, 2022, the weighted average interest rate was 8.33%. Flexiti also pays a 0.50% per annum commitment fee on the unused portion of the commitments. All other material terms of the revolving warehouse credit facility remain unchanged. The early extinguishment of the Flexiti SPV resulted in a loss of $0.7 million. 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 of December 9, 2025. As of December 31, 2022, the effective interest was one-month CDOR plus 3.59%. 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 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 2, 2026.. The effective interest rate was 3-month CDOR plus 6.00%. The borrower also pays a 0.50% 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%. The Heights Finance SPV was scheduled to mature on December 31, 2024. The Heights Finance SPV was extinguished on July 15, 2022, using proceeds from the new $425.0 million non-recourse revolving warehouse facility, "Heights SPV," as described above. The early extinguishment of the Heights Finance SPV resulted in a loss of $0.6 million. U.S. SPV In April 2020, CURO Receivables Finance II, LLC, a wholly-owned subsidiary of the Company, entered into the U.S. SPV, which provided for $200.0 million of borrowing capacity with an effective interest rate on the Company's borrowings of 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 was scheduled to mature on April 8, 2024. The U.S. SPV was extinguished on July 8, 2022 upon the completion of the divestiture of our Legacy U.S. Direct Lending Business to Community Choice Financial. The early extinguishment of the U.S. SPV resulted in a loss of $3.1 million. Senior Revolver The Company maintains the Senior Revolver that provides $40.0 million of borrowing capacity, including up to $4.0 million of standby letters of credit, for a one-year term, renewable for successive terms following annual review. The current term expires August 31, 2023. The Senior Revolver accrues interest at one-month SOFR plus 5.00%. Curo Canada Revolving Credit Facility Curo Canada maintains the Curo Canada Revolving Credit Facility, formerly known as the Cash Money Revolving Credit Facility, which provides short-term liquidity for the Company's Canadian direct lending operations. 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%. On December 21, 2022 the borrowing capacity under the Curo Canada Revolving Credit Facility was reduced from C$10.0 million to C$5.0 million, and the facility was cancelled on January 6, 2023. For additional information on Flexiti and the related contingent consideration, refer to Note 24 , " Subsequent Events . " Derivative Instruments and Hedging Activities During the year ended December 31, 2022, the Company entered into interest rate swaps to manage interest rate risk on variable rate debt. The Company designated these risk management derivatives as qualifying cash flow hedges under hedge accounting. The derivative assets are included in other assets on our Consolidated Balance Sheet and changes in the fair value of derivatives are recorded as a component of Accumulated other comprehensive income (“AOCI”). During the year ended December 31, 2022, the hedges were assessed as effective and as such there was no impact to earnings. However, for cash flow hedges during periods in which the forecasted transactions impact earnings, those amounts are reclassified into earnings in the same period during which the forecasted transactions impact earnings and presented in the same line item in the Consolidated Statements of Income as the earnings effect of the hedged items and reflected in operating activities on the Statement of Cash Flows. Interest Rate Swap on Flexiti SPV In accordance with the terms of the Flexiti SPV, on October 11, 2022, Flexiti entered into an interest rate swap to protect against the interest risk on the C$390.0 million, variable rate portion of the borrowing facility, with a notional amount of C$390.0 million. As of December 31, 2022, a $0.8 million interest rate swap is included in Other assets Interest Rate Swap on Flexiti Securitization In accordance with the terms of the Flexiti Securitization, on July 7, 2022, Flexiti entered into an interest rate swap to protect against the interest risk on the C$526.5 million, variable rate, borrowing facility, with a notional amount of C$526.5 million. As a result of the swap, the effective interest rate is 7.09%. As of December 31, 2022, a $6.6 million interest rate swap is included in other assets Ranking and Guarantees The 7.50% Senior Secured Notes rank senior in right of payment to all of the Company's and its guarantor entities’ existing and future subordinated indebtedness and equal in right of payment with all of the Company's and its guarantor entities’ existing and future senior indebtedness, including borrowings under revolving credit facilities. Pursuant to the Inter-creditor Agreement, these notes and the guarantees will be effectively subordinated to credit facilities and certain other indebtedness to the extent of the value of the assets securing such indebtedness and to liabilities of subsidiaries that are not guarantors. The 7.50% Senior Secured Notes are secured by liens on substantially all of the Company's and the guarantors’ assets, subject to certain exceptions. At any time prior to August 1, 2024, the Company may redeem (i) up to 40% of the aggregate principal amount of the notes at a price equal to 107.5% of the principal amount, plus accrued and unpaid interest, if any, to the applicable redemption date with the net proceeds to the Company of certain equity offerings; and (ii) some or all of the Notes at a make-whole price. On or after August 1, 2024, the Company may redeem some or all of the Notes at a premium that will decrease over time, plus accrued and unpaid interest, if any, to the applicable date of redemption. The redemption price for the Notes if redeemed during the 12 months beginning (i) August 1, 2024 is 103.8%, (ii) August 1, 2025 is 101.9% and (iii) on or after August 1, 2026 is 100.0%. Future Maturities of Debt Annual maturities of outstanding debt for each of the five years after December 31, 2022 are as follows (in thousands): Amount 2023 $ 35,000 2024 — 2025 1,314,833 2026 294,594 2027 — Thereafter 1,000,000 Debt (before deferred financing costs and discounts) 2,644,427 Less: deferred financing costs and discounts 37,113 Debt, net $ 2,607,314

COMMITMENTS AND CONTENGENCIES

COMMITMENTS AND CONTENGENCIES	12 Months Ended
	Dec. 31, 2022
Commitments and Contingencies Disclosure [Abstract]
COMMITMENTS AND CONTINGENCIES	NOTE 7 – 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 directors and officers 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. The case was resolved in 2020 for $9.0 million, of which the first $2.5 million was paid by the Company and the remainder paid by the Company's insurance carriers. For the year ended December 31, 2022, there was no further expense related to this litigation. In June and July 2020, three shareholder derivative lawsuits were filed in the United States District Court for the District of Delaware ("Court") against the Company, certain of its directors and officers, and in two of the three lawsuits, a large stockholder. Plaintiffs generally alleged 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. On October 27, 2022, the Court granted final approval of the parties' settlement and dismissed the case with prejudice. The terms of the settlement provided for the implementation of certain corporate governance reforms and a payment of $345,000 in attorneys’ fees and expenses to plaintiffs’ counsel, which was paid by the Company's insurers, and included no admission of liability or wrongdoing by the Company.

INCOME TAXES

INCOME TAXES	12 Months Ended
	Dec. 31, 2022
Income Tax Disclosure [Abstract]
INCOME TAXES	NOTE 8 – INCOME TAXES Income before taxes and income tax expense (benefit) was comprised of the following (in thousands): Year Ended December 31, 2022 2021 2020 (Loss) income before taxes U.S. $ (140,463) $ 86,106 $ 59,741 Non-U.S. (53,697) (5,549) 20,602 (Loss) income from continuing operations before taxes $ (194,160) $ 80,557 $ 80,343 Current provision (benefit) Federal $ 16,254 $ 21,549 $ (14,585) State 3,783 4,553 5,959 Foreign 9,120 13,639 3,925 Current provision (benefit) $ 29,157 $ 39,741 $ (4,701) Deferred tax (benefit) provision Federal $ (19,691) $ (5,022) $ 14,949 State (1,873) 154 (1,247) Foreign (16,271) (13,650) (3,106) Deferred tax (benefit) provision $ (37,835) $ (18,518) $ 10,596 (Benefit) provision for income taxes $ (8,678) $ 21,223 $ 5,895 Differences between the Company's effective income tax rate computed on net earnings or loss before income taxes and the statutory federal income tax rate were as follows (dollars in thousands): Year Ended December 31, 2022 2021 2020 Income tax (benefit) expense using the statutory federal rate in effect $ (40,774) $ 16,917 $ 16,872 Tax effect of: Effects of foreign rates different than U.S. statutory rate 3,222 518 (1,236) State, local and provincial income taxes, net of federal benefit (2,635) 3,359 6,619 Tax credits (678) (802) (3,188) Nondeductible expenses 1,801 1,090 564 Valuation allowance 1,349 (275) (2,686) Prior year income tax re-determination (602) — — Share-based compensation 132 (705) 1,119 Gain on sale of business 8,484 — — Impairment of Goodwill 22,369 — — Federal NOL carryback — — (11,251) Prior year basis adjustment — — (659) Change in fair value of contingent consideration (1,187) 944 — Other (159) 177 (259) Total (benefit) provision for income taxes $ (8,678) $ 21,223 $ 5,895 Effective income tax rate 4.5 % 26.3 % 7.3 % Statutory federal income tax rate 21.0 % 21.0 % 21.0 % On March 27, 2020, the CARES Act was enacted in response to the COVID-19 pandemic, which, among other things, allowed U.S. federal NOLs incurred in 2018, 2019 and 2020 to be carried back to each of the five preceding taxable years to generate a refund of previously paid income taxes. In 2020, the Company recorded an income tax benefit of $11.3 million due to the differential in income tax rates related to the carryback of NOLs from tax years 2018 and 2019 to years with a higher statutory tax rate. The Company's major tax jurisdictions are U.S. federal, various states and Canada (including provinces). In the U.S., the tax years 2018 through 2021 remain open to examination by the taxing authorities as well as tax years 2013 through 2017 to the extent of refund claims resulting from 2018 and 2019 NOL carrybacks. The tax years 2016 through 2021 remain open to examination by the taxing authorities in Canada. As of December 31, 2022, the Company is under income tax examinations in the U.S. by the Internal Revenue Service for tax years 2018 and 2019, in Canada by the Canadian Revenue Agency for tax years ending June 30, 2017 through June 30, 2018 and in Canada by Alberta Treasury Board and Finance for tax years ending December 31, 2018 and December 31, 2019. The total amount of gross unrecognized tax benefits was $2.0 million and $0.3 million at December 31, 2022 and 2021, respectively. The total amount of unrecognized tax benefits that, if recognized, would affect the effective tax rate is $2.0 million at December 31, 2022. The Company expects no material change related to its current positions in recorded unrecognized income tax (benefit) liability in the next 12 months. The Company classifies interest and penalties related to income taxes as other expenses. The Company did not record any interest or penalties related to unrecognized tax benefits during each of the years ended December 31, 2022 and 2021. A reconciliation of the beginning and ending amounts of unrecognized tax benefits is as follows (in thousands): Year Ended December 31, 2022 2021 Balance at the beginning of year $ 250 $ 1,100 Additions for tax positions related to prior years 1,648 125 Additions for tax positions related to the current year 60 125 Settlements with taxing authorities — (1,100) Balance at end of year $ 1,958 $ 250 The sources of deferred income tax assets (liabilities) are summarized as follows (in thousands): Year Ended December 31, 2022 2021 Deferred tax assets related to: Loans receivable $ 9,913 $ — Accrued expenses and other reserves 7,309 2,960 Lease liability 16,055 26,777 Compensation accruals 6,826 5,845 Deferred revenue 1,811 204 State and provincial NOL carryforwards 18,560 15,547 Foreign NOL and capital loss carryforwards 21,378 17,090 Tax credit carryforwards 3,872 3,905 Gross deferred tax assets 85,724 72,328 Less: Valuation allowance (9,719) (7,732) Net deferred tax assets $ 76,005 $ 64,596 Deferred tax liabilities related to: Property and equipment $ (2,820) $ (14,950) Right of use asset (15,648) (25,304) Goodwill and other intangible assets (2,730) (9,914) Prepaid expenses and other assets (3,055) (466) Hedge accounting (1,859) — Loans receivable — (4,367) Gross deferred tax liabilities (26,112) (55,001) Net deferred tax assets $ 49,893 $ 9,595 Deferred tax assets and liabilities are included in the following line items in the Consolidated Balance Sheets (in thousands): Year Ended December 31, 2022 2021 Deferred tax assets $ 49,893 $ 15,639 Deferred tax liabilities — (6,044) Net deferred tax assets $ 49,893 $ 9,595 As of December 31, 2022, the Company had undistributed earnings of certain foreign subsidiaries of $255.2 million. The Company intends to reinvest its foreign earnings indefinitely in the non-U.S. operations and therefore has not provided for any non-U.S. withholding tax that would be assessed on dividend distributions. If the earnings of $255.2 million were distributed to the U.S., the Company would be subject to estimated Canadian withholding taxes of approximately $12.8 million. The determination of the U.S. state income taxes upon a potential foreign earnings distribution is impractical. In the event the earnings were distributed to the U.S., the Company would adjust its income tax provision for the period and would determine the amount of foreign tax credit that would be available. A summary of the valuation allowance was as follows (in thousands): Year Ended December 31, 2022 2021 2020 Balance at the beginning of year $ 7,732 $ 5,695 $ 8,328 Increase (decrease) to balance charged as expense 1,349 (275) (2,686) Increase to balance charged to opening balance sheet of the acquisition 1,044 1,873 — (Decrease) to balance for the divestiture (542) — — Increase (decrease) to balance charged to Other comprehensive income 136 392 (378) Effect of foreign currency translation — 47 431 Balance at end of year $ 9,719 $ 7,732 $ 5,695 In general, management believes that the realization of its deferred tax assets is more likely than not based on the expectations of future taxable income; therefore, there was no deferred tax valuation allowance at December 31, 2022, 2021 or 2020 with the exception of the tax benefits from certain carryovers of state and foreign losses and Foreign Tax Credits ("FTC"). As of December 31, 2022, the Company's deferred tax assets from Canadian federal and provincial NOL carryforwards were approximately $34.8 million. The Canadian NOL carryforwards expire in varying amounts between 2033 and 2042. During the tax year ended December 31, 2020, the Company concluded that a planning strategy is prudent and feasible and that it will be implemented if needed to prevent Canadian NOLs from expiring. As such, the Company released a $4.6 million valuation allowance related to these NOLs and had no valuation allowance related to these NOLs as of December 31, 2020. Relying on this tax strategy for most of its Canadian NOLs, as of December 31, 2022, the Company had a valuation allowance of $1.2 million for NOLs without a feasible tax planning strategy. As of December 31, 2022, the Company's deferred tax assets from Canadian capital losses were $1.7 million. These losses can be carried forward indefinitely, however, the Company does not have material sources of generating capital gains, therefore, a full valuation allowance has been recorded against these losses. As of December 31, 2022, the Company had state NOL carryforward deferred tax assets of $3.5 million. These carryforwards expire in varying amounts between 2033 and 2042. The Company has recorded a valuation allowance of $3.2 million related to the NOLs generated in states in which the Company may not have taxable income in the near future. For the year ended December 31, 2021, the Company recorded a deferred tax asset of $3.0 million related to FTC carryovers from prior years with a corresponding full valuation allowance, as the Company determined the FTC carryover will expire prior to utilization.

EARNINGS PER SHARE

EARNINGS PER SHARE	12 Months Ended
	Dec. 31, 2022
Earnings Per Share [Abstract]
EARNINGS PER SHARE	NOTE 9 – EARNINGS PER SHARE The following table presents the computation of basic and diluted earnings per share (in thousands, except per share amounts): For the Year Ended 2022 2021 2020 Net (loss) income from continuing operations $ (185,484) $ 59,334 $ 74,448 Net income from discontinued operations, net of tax — — 1,285 Net income $ (185,484) $ 59,334 $ 75,733 Weighted average common shares - basic 40,428 41,155 40,886 Dilutive effect of stock options and restricted stock units — 1,988 1,205 Weighted average common shares - diluted 40,428 43,143 42,091 (Loss) earnings per share: Continuing operations $ (4.59) $ 1.44 $ 1.82 Discontinued operations — — 0.03 Basic (loss) earnings per share $ (4.59) $ 1.44 $ 1.85 Diluted (loss) earnings per share: Continuing Operations $ (4.59) $ 1.38 $ 1.77 Discontinued operations — — 0.03 Diluted (loss) earnings per share $ (4.59) $ 1.38 $ 1.80 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 year ended December 31, 2022, 2021 and 2020 there were 2.8 million, 0.2 million and 0.8 million of potential shares of common stock excluded from the calculation of diluted earnings per share because their effect was anti-dilutive.

SHARE-BASED COMPENSATION

SHARE-BASED COMPENSATION	12 Months Ended
	Dec. 31, 2022
Share-Based Payment Arrangement [Abstract]
SHARE-BASED COMPENSATION	NOTE 10 – SHARE BASED COMPENSATION The 2010 Equity Incentive Plan provided for the issuance of up to 2.16 million shares, subject to certain adjustment provisions, in the form of stock options, restricted stock and stock grants. In connection with approval of the 2017 Incentive Plan, no new awards were granted under the 2010 Equity Incentive Plan. See Note 1, "Summary of Significant Accounting Policies and Nature of Operations" for additional information on share-based compensation. Stock Options Stock options are awards which allow the grantee to purchase shares of common stock at prices equal to the fair value at the date of grant. Stock options typically vest at a rate of 20% per year over a 5-year period, have a term of 10 years and are subject to limitations on transferability. The Company did not grant stock option awards under the 2017 Incentive Plan in 2022, 2021 or 2020. At the time of grant, the Company uses the Black-Scholes option pricing model to determine the fair value of stock options. Estimates of fair value are not intended to predict actual future events or the value ultimately realized by individuals who receive equity awards, and subsequent events are not indicative of the reasonableness of the Company's original estimates of fair value. The Company has estimated the expected term of stock options using a formula considering the weighted average vesting term and the original contract term. The expected volatility is estimated based upon the historical volatility of publicly traded stocks from the Company's industry sector (the alternative financial services sector). The expected risk-free interest rate is based on an average of various U.S. Treasury rates based on the expected term of the awards. The following table summarizes the Company's stock option activity for the years ended December 31, 2022, 2021 and 2020: Stock Options Weighted Average Exercise Price Weighted Average Grant Date Fair Value Weighted Average Remaining Contractual Term (years) Aggregate Intrinsic Value (in millions) Outstanding at Outstanding at January 1, 2020 1,404,622 $ 3.56 2.6 $ 12.1 Granted — $ — $ — Exercised (274,510) $ 2.79 $ 3.2 Forfeited — $ — $ — Outstanding at December 31, 2020 1,130,112 $ 3.74 2.6 $ 12.0 Granted — $ — $ — Exercised (615,024) $ 2.83 $ 8.1 Forfeited — $ — $ — Outstanding at December 31, 2021 515,088 $ 4.83 4.2 $ 5.8 Granted — $ — $ — Exercised — $ — $ — Forfeited — $ — $ — Outstanding at December 31, 2022 515,088 $ 4.83 3.2 $ (0.7) Options exercisable at December 31, 2022 515,088 $ 4.83 3.2 $ (0.7) RSUs As of December 31, 2022, the Company has granted three types of RSUs: time-based, market-based and performance-based. Grants of time-based RSUs are valued at the date of grant based on the closing market price of the Company's common stock and are expensed using the straight-line method over the service period. Time-based RSUs typically vest over a three-year or four-year period. Grants of market-based RSUs are valued using the Monte Carlo simulation pricing model. The market-based RSUs granted to date vest after three years if the Company's total stockholder return over the three-year performance period meets a specified target relative to other companies in its selected peer group. Expense recognition for the market-based RSUs occurs over the service period using the straight-line method. The Company granted performance-based RSUs to certain Flexiti employees following the closing of the acquisition. Grants of performance-based RSUs are valued at the grant date based on the closing market price of the Company's common stock. The performance-based RSUs vest over two years ending in March 2023 if Flexiti achieves specified internal targets, including revenue less NCOs and loan originations metrics. Expense recognition for performance-based RSUs occurs ratably over the service period if it is probable that the targets will be achieved as of each period end. If such results are not probable, no share-based compensation expense is recognized and any previously recognized share-based compensation expense is reversed. Unvested shares of RSUs generally are forfeited upon termination of employment, or failure to achieve the required performance condition, if applicable. A summary of the activity of time-based, market-based and performance-based unvested RSUs for the years ended December 31, 2022, 2021 and 2020 are presented in the following table: Number of RSUs Weighted Average Time-Based Market-Based Performance-Based January 1, 2020 1,061,753 394,861 — $ 11.47 Granted 694,213 368,539 — $ 10.40 Vested (716,268) — — $ 12.86 Forfeited (26,906) (4,687) — $ 11.89 December 31, 2020 1,012,792 758,713 — $ 10.26 Granted 1,238,564 299,053 253,310 $ 15.51 Vested (494,790) — — $ 11.04 Forfeited (80,638) (51,032) — $ 11.46 December 31, 2021 1,675,928 1,006,734 253,310 $ 13.27 Granted 1,649,980 1,422,886 — $ 9.75 Vested (785,751) — (7,568) $ 13.80 Forfeited (444,088) (701,258) (101,252) $ 11.90 December 31, 2022 2,096,069 1,728,362 144,490 $ 10.87 Share-based compensation expense, which includes compensation costs from stock options and RSUs, included in the Consolidated Statements of Operations as a component of "Salaries and benefits" is summarized in the following table (in thousands): For the year ended, 2022 2021 2020 Pre-tax share-based compensation expense $ 13,957 $ 13,976 $ 12,910 Income tax benefit (3,283) (4,475) (1,164) Total share-based compensation expense, net of tax $ 10,674 $ 9,501 $ 11,746 As of December 31, 2022, there was $22.2 million of unrecognized compensation cost related to RSUs. Total unrecognized compensation costs will be recognized over a weighted-average period of 1.9 years. There was no unrecognized compensation cost related to stock options.

LEASES

LEASES	12 Months Ended
	Dec. 31, 2022
Leases [Abstract]
LEASES	NOTE 11 – 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 December 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 Consolidated Balance Sheets. Operating lease costs are included in "Occupancy" in the Consolidated Statement of Operations. The majority of leases have an original term up to five years plus renewal options under similar terms. The following table summarizes the operating lease costs and other information for the years ended December 31, 2022, 2021 and 2020 (in thousands): Year Ended December 31, 2022 2021 2020 Operating lease costs: Third-Party $ 32,538 $ 31,197 $ 30,828 Related-Party 2,282 3,394 3,386 Total operating lease costs (1) $ 34,820 $ 34,591 $ 34,214 Cash paid for amounts included in the measurement of operating lease liabilities $ 28,414 $ 36,235 $ 34,651 ROU assets (divested) obtained $ (24,749) $ 9,682 $ 18,847 Weighted average remaining lease term - Operating leases 4.4 years 4.9 years 5.7 years Weighted average discount rate - Operating leases 7.8 % 8.3 % 9.9 % (1) Includes immaterial variable lease costs. The following table summarizes the aggregate operating lease payments that the Company is contractually obligated to make under operating leases as of December 31, 2022 (in thousands): Third-Party Related-Party Total 2023 $ 24,323 $ 616 $ 24,939 2024 17,433 632 18,065 2025 11,813 649 12,462 2026 6,686 667 7,353 2027 4,265 685 4,950 Thereafter 8,139 993 9,132 Total 72,659 4,242 76,901 Less: Imputed interest (12,878) (1,176) (14,054) Operating lease liabilities $ 59,781 $ 3,066 $ 62,847 There were no material leases entered into subsequent to the balance sheet date.

DIVIDENDS

DIVIDENDS	12 Months Ended
	Dec. 31, 2022
Equity [Abstract]
STOCKHOLDERS' EQUITY	NOTE 12 – DIVIDENDS Dividend Program In February 2020, the Company initiated a dividend program which provided a quarterly dividend of $0.055 per share ($0.22 per share annualized). In May 2021, the Company increased its quarterly dividend to $0.11 per share. The table below summarizes the Company's quarterly dividends for the years ended December 31, 2022 and 2021. 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 Q2 2022 April 28, 2022 May 10, 2022 May 23, 2022 $ 0.11 $ 4,440 Q3 2022 August 3, 2022 August 15, 2022 August 26, 2022 $ 0.11 $ 4,453 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 Q2 2021 May 3, 2021 May 14, 2021 May 27, 2021 $ 0.11 $ 4,580 Q3 2021 July 28, 2021 August 9, 2021 August 19, 2021 $ 0.11 $ 4,556 Q4 2021 October 27, 2021 November 12, 2021 November 22, 2021 $ 0.11 $ 4,453 In October 2022, the Company's Board of Directors suspended the quarterly dividend.

SEGMENT REPORTING

SEGMENT REPORTING	12 Months Ended
	Dec. 31, 2022
Segment Reporting [Abstract]
SEGMENT REPORTING	NOTE 13 – 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. As of December 31, 2022, the Company has renamed the "U.S." reportable segment to the "U.S. Direct Lending" reportable segment. U.S. Direct Lending. As of December 31, 2022, the Company operated over 490 U.S. retail locations in 13 states. The Company provides secured and unsecured installment loan products to near-prime and non-prime consumers as well as credit insurance and other ancillary financial products. Canada Direct Lending. As of December 31, 2022, the Company operated nearly 150 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. Canada POS Lending. As of December 31, 2022, the Company served Canadian customers through POS financing available at over 8,400 retail locations and over 3,500 merchant partners across 10 provinces and two territories. The Company provides Revolving LOC loans and a number of other ancillary financial products. Results of operations for the year ended December 31, 2021 for Canada POS Lending represent results from the date of Flexiti's acquisition, March 10, 2021, through December 31, 2021. The following table illustrates summarized financial information concerning reportable segments (in thousands): For the Year Ended 2022 2021 2020 Revenues by segment: (1) U.S. Direct Lending $ 615,722 $ 525,962 $ 638,524 Canada Direct Lending 303,750 257,039 208,872 Canada POS Lending 106,446 34,842 — Consolidated revenue $ 1,025,918 $ 817,843 $ 847,396 Net revenues by segment: U.S. Direct Lending $ 375,144 $ 359,929 $ 408,360 Canada Direct Lending 189,183 202,042 150,225 Canada POS Lending 61,266 10,204 — Consolidated net revenue $ 625,593 $ 572,175 $ 558,585 Segment (loss) income before income taxes: U.S. Direct Lending $ (175,350) $ 47,517 $ 34,172 Canada Direct Lending 51,163 88,731 46,171 Canada POS Lending (69,975) (55,691) — Consolidated (loss) income before income taxes $ (194,162) $ 80,557 $ 80,343 Expenditures for long-lived assets by segment: U.S. Direct Lending $ 18,173 $ 13,450 $ 10,079 Canada Direct Lending 6,768 2,238 639 Canada POS Lending 20,880 7,891 — Consolidated expenditures for long-lived assets $ 45,821 $ 23,579 $ 10,718 (1) For revenue by product, see Note 2 , "Loans Receivable and Revenue." The following table provides the proportion of gross loans receivable by segment (in thousands): December 31, December 31, U.S. Direct Lending $ 773,380 $ 661,945 Canada Direct Lending 481,015 427,197 Canada POS Lending 833,438 459,176 Total gross loans receivable $ 2,087,833 $ 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): December 31, December 31, U.S. Direct Lending $ 13,993 $ 32,753 Canada Direct Lending 15,239 21,072 Canada POS Lending 2,725 810 Total net long-lived assets $ 31,957 $ 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.

ACQUISITIONS AND DIVESTITURE

ACQUISITIONS AND DIVESTITURE	12 Months Ended
	Dec. 31, 2022
Business Combination and Asset Acquisition [Abstract]
ACQUISITIONS AND DIVESTITURE	NOTE 14 – ACQUISITIONS AND DIVESTITURE ACQUISITIONS First Heritage On July 13, 2022, we completed the acquisition of First Heritage, a consumer lender that provides near-prime installment loans along with customary opt-in insurance and other financial products, for a purchase price of $140.0 million in cash, subject to certain customary working capital and other adjustments. The Company began consolidating the financial results of First Heritage in the Consolidated Financial Statements on July 13, 2022 within the U.S. Direct Lending operating segment. This transaction has been accounted for using the acquisition method of accounting, which requires that assets acquired and liabilities assumed be recognized at their fair values as of the acquisition date. The Company was the acquirer for purposes of accounting for the business combination. The values assigned to the acquired assets and liabilities assumed are provisional based on the preliminary fair value estimates as of the acquisition date. The values assigned to the assets acquired and liabilities assumed are based on preliminary estimates of fair value available as of the date of this Form 10-K and may be adjusted during the measurement period of up to 12 months from the date of acquisition as further information becomes available. Any changes in the fair values of the assets acquired and liabilities assumed during the measurement period may result in adjustments to goodwill. As of December 31, 2022, the areas that remain primarily relate to the valuation of certain loans receivables, intangible assets and certain tax-related balances. Amounts acquired on July 13, 2022 Assets Cash and cash equivalents $ 31,396 Restricted cash 1,933 Gross loans receivable (1) 218,011 Prepaid expenses and other 1,285 Property and equipment 345 Right-of-use assets 4,241 Intangibles, net 10,670 Total assets $ 267,880 Liabilities Accounts payable and accrued liabilities $ 4,270 Lease liabilities 4,241 Debt 170,392 Total liabilities 178,904 Net assets acquired 88,976 Total consideration paid 164,341 Goodwill $ 75,365 (1) The gross contractual loans receivables as of July 13, 2022 were $236.1 million, of which the Company estimates $18.1 million will not be collected. The following table sets forth the components of identifiable intangible assets acquired and their estimated useful lives as of the date of acquisition (dollars in thousands): Fair Value Useful Life Trade name $ 3,790 10.0 years Customer relationships 6,880 3.5 years Total identified intangible assets $ 10,670 Goodwill of $75.4 million represents the excess of the consideration paid over the fair value of the net tangible and intangible assets acquired. The goodwill was primarily attributable to expected synergies created with the Company’s future product offerings and the value of the combined workforce. Goodwill from this transaction is deductible for income tax purposes. The Company incurred costs related to this acquisition of $10.1 million that were recorded in "Other operating expense" in the U.S. Direct Lending operating segment in the accompanying Consolidated Statement of Operations for the year ended December 31, 2022. 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. Direct Lending operating segment. For additional information, see Note 15, "Acquisitions" of the 2021 Form 10-K. As of December 31, 2021, the Company completed the determination of the fair values of the acquired identifiable assets and liabilities. During the year ended December 31, 2022, the Company recorded measurement period adjustments that increased goodwill by $11.8 million. The measurement period adjustment related to the fair value of the loan portfolio and would have resulted in $7.7 million of incremental interest and fee revenue during the three months ended March 31, 2022 and no impact on the 12 months ended December 31, 2022. The Company recorded a measurement period adjustment in the fourth quarter of 2022 that decreased goodwill by $3.5 million related to the final true-up of deferred tax balances after the pre-acquisition income tax returns were filed in October 2022. The Company made these measurement period adjustments to reflect the correct deferred tax balances that existed as of the acquisition date and not from events subsequent to such date. Additionally, in the fourth quarter of 2022, a measurement period adjustment was recorded related to tax filings for pre-acquisition activity which resulted in $4.2 million of income tax receivables and an increase to accounts payable for the same amount. As of December 31, 2022, the Company completed the determination of the fair values of the acquired identifiable assets and liabilities. Amounts acquired on December 27, 2021 Measurement period adjustments Amounts acquired on December 27, 2021 (as adjusted) Assets Cash and cash equivalents $ 13,564 $ — $ 13,564 Restricted cash 33,630 — 33,630 Gross loans receivable (1) 471,630 (15,379) 456,251 Income tax receivable 3,526 4,209 7,735 Prepaid expenses and other 7,410 — 7,410 Property and equipment 4,748 — 4,748 Right-of-use assets 16,111 — 16,111 Intangibles, net 11,900 — 11,900 Deferred tax asset — 2,477 2,477 Other assets 98 — 98 Total assets $ 562,617 $ (8,693) $ 553,924 Liabilities Accounts payable and accrued liabilities $ 19,186 $ 4,209 $ 23,395 Lease liabilities 16,315 — 16,315 Deferred tax liability 1,077 (1,077) — Accrued interest on debt 1,781 — 1,781 Debt 350,000 — 350,000 Total liabilities $ 388,359 $ 3,132 $ 391,491 Net assets acquired $ 174,258 $ (11,825) $ 162,433 Total consideration paid 428,115 428,115 Goodwill $ 253,857 $ 265,682 (1) The gross contractual loans receivables as of December 27, 2021 were $485.4 million, of which the Company estimates $29.1 million will not be collected. 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 and provides the Company capability and scale opportunity in Canada’s credit card and POS financing markets. The Company began consolidating the financial results of Flexiti in the Consolidated Financial Statements on March 10, 2021. Flexiti generated $34.8 million of revenue and incurred $50.9 million of operating expenses during the period March 10 through December 31, 2021. This transaction was accounted for using the acquisition method of accounting, which requires that assets acquired and liabilities assumed be recognized at their fair values as of the acquisition date. The Company was the acquirer for purposes of accounting for the business combination. The values assigned to the assets acquired and liabilities assumed were based on their estimates of fair value available. The following table presents the purchase price allocation recorded in the Company’s Consolidated Balance Sheet as of the date of acquisition (in thousands): Amounts acquired on March 10, 2021 Measurement period adjustments Amounts acquired on March 10, 2021 (as adjusted) Assets Cash and cash equivalents $ 1,267 $ — $ 1,267 Gross loans receivable (1) 196,138 — 196,138 Prepaid expenses and other 687 — 687 Property and equipment 460 — 460 Right-of-use assets 616 — 616 Intangibles 50,876 3,572 54,448 Deferred tax assets 2,741 908 3,649 Total assets $ 252,785 $ 4,480 $ 257,265 Liabilities Accounts payable and accrued liabilities $ 9,356 $ — $ 9,356 Credit facilities 174,367 — 174,367 Lease liabilities 616 — 616 Total liabilities $ 184,339 $ — $ 184,339 Net assets acquired $ 68,446 $ 4,480 $ 72,926 Total consideration paid 113,347 — 113,347 Goodwill $ 44,901 $ (4,480) $ 40,421 (1) The gross contractual loans receivables as of March 10, 2021 were $208.6 million, of which the Company estimates $12.5 million will not be collected. During the year ended December 31, 2021, the Company recorded a cumulative net measurement period adjustment that decreased goodwill by $4.5 million. The measurement period adjustment would have resulted in an insignificant increase in amortization expense related to the merchant relationships intangible asset during the first quarter of 2021 when the Company acquired Flexiti. The Company made these measurement period adjustments to reflect facts and circumstances that existed as of the acquisition date and did not result from intervening events subsequent to such date. As of December 31, 2021, the Company completed the determination of the fair values of the acquired identifiable assets and liabilities. The following table sets forth the components of identifiable intangible assets acquired, as adjusted for measurement period adjustments, and their estimated useful lives as of the date of acquisition (dollars in thousands): Fair Value Useful Life Developed technology $ 31,827 5.0 years Merchant relationships 19,684 5.0 years Customer relationships 2,937 3.0 years Total identified intangible assets $ 54,448 Goodwill of $40.4 million represents the excess of the consideration paid over the fair value of the net tangible and intangible assets acquired. The goodwill was primarily attributed to expected synergies created with the Company’s future product offerings and the value of the combined workforce. Goodwill and the intangibles from this transaction are not deductible for Canadian income tax purposes because this was a stock acquisition. In connection with the acquisition, the Company recognized contingent cash consideration of $20.6 million as of the acquisition date. The contingent consideration is based on Flexiti achieving certain operating metrics from April 1, 2021 through March 31, 2023, including revenue less NCOs and loan originations. Cash consideration can range from zero to $32.8 million over the period. As of December 31, 2022, the estimated value of the contingent cash consideration increased to $16.9 million. Refer to Note 5, "Fair Value Measurements " for additional information regarding fair value inputs related to the contingent cash consideration. In connection with the acquisition, the Company also granted RSUs to certain Flexiti employees who joined the Company, with grant-date fair value totaling approximately $8.1 million. Of that total, $4.0 million relates to RSU contingent consideration structured similar to the contingent cash consideration described above. All RSU grants to Flexiti employees will be ratably recognized as stock-based compensation over the requisite service period of two years ending July 2023. Refer to Note 11, "Share-based Compensation" for further information related to these RSUs. The Company incurred costs related to this acquisition of $3.3 million that were recorded in "Other operating expense" in the U.S. Direct Lending segment in the accompanying Consolidated Statement of Operations for the year ended December 31, 2022. Ad Astra On January 3, 2020, the Company acquired 100% of the outstanding stock of Ad Astra, a related party, for $14.4 million, net of cash received. Prior to the acquisition, Ad Astra had been the Company's exclusive provider of third-party collection services for owned and managed loans in the Legacy U.S. Direct Lending Business that are in later-stage delinquency. The Company began consolidating the financial results of this acquisition in Consolidated Financial Statements on January 3, 2020. Prior to the acquisition, and for the year ended December 31, 2019, Ad Astra incurred $15.5 million of costs that were reflected in "Direct operations," consistent with the presentation of other internal collection costs. Subsequent to the acquisition, Ad Astra incurred $10.0 million and $9.6 million of operating expense during the years ended December 31, 2021 and 2020, respectively. The transaction was accounted for using the acquisition method of accounting, which requires that assets acquired and liabilities assumed be recognized at their fair values as of the acquisition date. The Company was the acquirer for purposes of accounting for the business combination. The values assigned to the assets acquired and liabilities assumed were based on their estimates of fair value available. During March 2020, the Company completed the determination of the fair values of the acquired identifiable assets and liabilities. The following table summarizes the allocation of the estimated fair values of the assets acquired and liabilities assumed at the date of acquisition: (in thousands) Amounts acquired on January 3, 2020 Assets Cash and cash equivalents $ 3,360 Accounts receivable 465 Property and equipment 358 Intangible assets 1,101 Goodwill 14,791 Operating lease asset 235 Total assets $ 20,310 Liabilities Accounts payable and accrued liabilities 2,264 Operating lease liabilities 235 Total liabilities $ 2,499 Total cash consideration transferred $ 17,811 Goodwill of $14.8 million represents the excess over the fair value of the net tangible and intangible assets acquired. The goodwill was primarily attributed to expected synergies created through cost and process efficiencies in the collections process. The total estimated tax-deductible Goodwill as a result of this transaction is $15.4 million. In January 2023, the Company ceased operations of Ad Astra. Legacy U.S. Direct Lending Business On July 8, 2022, the Company completed the divestiture of its Legacy U.S. Direct Lending Business to Community Choice Financial, for total sale proceeds of $349.2 million, net of working capital adjustments, comprised of $314.2 million of cash received at close and $35.0 million in cash payable in monthly installment payments over the subsequent 12 months. The divestiture resulted in a gain of $68.4 million for the year ended December 31, 2022, which was recorded in "Gain on sale of business" on the Consolidated Statement of Operations. Per ASC 205, the sale of the business is not classified as discontinued operations in the Company’s operations or financial results. The following table presents the amounts attributable to each category recorded in the Company’s Consolidated Balance Sheet as of the date of divestiture of the Legacy U.S. Direct Lending Business (in thousands): July 8, 2022 Assets Cash, cash equivalents and restricted cash $ 21,292 Loans receivable 162,147 Right of use asset 39,326 Goodwill 91,131 Other assets (1) 30,690 Total assets $ 344,586 Liabilities Accounts payable and accrued liabilities $ (8,947) Right of use liability (43,433) Liability for losses on CSO lender-owned consumer loans (5,628) Other long term liabilities (2) (5,815) Total liabilities (63,823) Net assets sold 280,763 Total proceeds 349,207 Total pretax gain on sale of business $ 68,444 (1) Includes income tax receivable, property and equipment, intangibles, deferred tax assets and other assets. (2) Includes deferred revenue, income taxes payable, deferred tax liability and other long-term liabilities The Legacy U.S. Direct Lending Business had pre-tax net income of $60.7 million year ended December 31, 2022 and $140.2 million for the year ended December 31, 2021. Pre-tax net income is comprised of net revenue and expenses directly related to the Legacy U.S. Direct Lending Business, which does not include certain costs recorded in the U.S. Direct Lending operating segment that are not classified as disposed of, such as interest expense on the 7.50% Senior Secured Notes and certain corporate expenses.

RELATED-PARTY TRANSACTIONS

RELATED-PARTY TRANSACTIONS	12 Months Ended
	Dec. 31, 2022
Related Party Transactions [Abstract]
RELATED-PARTY TRANSACTIONS	NOTE 15 – RELATED PARTY TRANSACTIONS In November 2021, the Company entered into a Share Repurchase Agreement with a trust advised by a director and greater than 10% owner of the Company. See Note 23 , "Share Repurchase Program " for further information. The Company has historically used Ad Astra as its third-party collection service for the Legacy U.S. Direct Lending Business. The Company acquired Ad Astra from the Company's founders on January 3, 2020. See Note 1 4 - "Acquisitions and Divestiture " for further information. Prior to the acquisition, the Company generally referred loans that were between 91 and 121 days delinquent to Ad Astra for collections and Ad Astra earned a commission fee equal to 30% of any amounts successfully recovered. The Company ceased Ad Astra operations in January 2023. The Company historically entered into several lease agreements for its corporate office and stores in which the Company operated, with several real estate entities that are owned by one or more of the founders of the Company. These leases are discussed in Note 1 1 , "Leases."

PREPAID EXPENSES AND OTHER

PREPAID EXPENSES AND OTHER	12 Months Ended
	Dec. 31, 2022
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]
PREPAID EXPENSES AND OTHER	NOTE 16 – PREPAID EXPENSES AND OTHER Components of Prepaid expenses and other assets were as follows (in thousands): December 31, 2022 December 31, 2021 Settlements and collateral due from third-party lenders (1) $ — $ 5,465 Fees receivable from customers under CSO programs (1) — 8,412 Prepaid expenses 13,963 16,243 Other assets 39,094 11,918 Total prepaid expenses and other $ 53,057 $ 42,038 (1) All balances in connection with the CSO programs were disposed of on July 8, 2022 upon the completion of the divestiture of the Legacy U.S. Direct Lending Business.

PROPERTY AND EQUIPMENT

PROPERTY AND EQUIPMENT	12 Months Ended
	Dec. 31, 2022
Property, Plant and Equipment [Abstract]
PROPERTY AND EQUIPMENT	NOTE 17 – PROPERTY AND EQUIPMENT The classification of property and equipment was as follows (in thousands): December 31, 2022 December 31, 2021 Leasehold improvements $ 52,031 $ 122,049 Furniture, fixtures and equipment 44,019 43,276 Property and equipment, gross 96,050 165,325 Accumulated depreciation and amortization (64,093) (110,690) Property and equipment, net $ 31,957 $ 54,635

ACCOUNTS PAYABLE AND ACCRUED LI

ACCOUNTS PAYABLE AND ACCRUED LIABILITIES	12 Months Ended
	Dec. 31, 2022
Payables and Accruals [Abstract]
ACCOUNTS PAYABLE AND ACCRUED LIABILITIES	NOTE 18 – ACCOUNTS PAYABLE AND ACCRUED LIABILITIES Components of Accounts payable and accrued liabilities were as follows (in thousands): December 31, 2022 December 31, 2021 Trade accounts payable $ 14,100 $ 43,094 Money orders payable 2,112 3,460 Accrued taxes, other than income taxes 1,248 1,053 Accrued payroll and fringe benefits 16,487 41,658 Other accrued liabilities 39,880 32,169 Total accounts payable and accrued liabilities $ 73,827 $ 121,434

BENEFIT PLANS

BENEFIT PLANS	12 Months Ended
	Dec. 31, 2022
Retirement Benefits [Abstract]
BENEFIT PLANS	NOTE 19 – BENEFIT PLANS In 2015, the Company instituted a nonqualified deferred compensation plan that provides certain employees with the opportunity to elect to defer base salary and performance-based compensation, which, upon such election, will be credited to the participant’s deferred compensation account. Participant contributions are fully vested at all times. Each deferred compensation account is invested in one or more investment funds made available by the Company and selected by the participant. The Company may make discretionary contributions to the individual deferred compensation accounts, with the amount, if any, determined annually by the Company. The Company's contributions vest over three years. Each vested deferred compensation account will be paid out in either a lump sum or annual installments over a five In 2013, the Company instituted a Registered Retirement Savings Plan (“RRSP”) which covers all Canadian employees. The Company matches the employee contribution at a rate of 50% of the first 6% of compensation contributed to the RRSP. Employee contributions vest immediately. Employer contributions vest 50% after one year and 100% after two years. In March 2021, the Company acquired Flexiti and instituted a RRSP which covers all full-time, permanent Canadian employees. For contact center employees, the Company matches the employee contribution at a rate of 50% of the first 6%of compensation contributed to the RRSP. For corporate employees, the Company matches the employee contribution at a rate of 100% of the first 6% of compensation contributed to the RRSP. Employee contributions vest immediately. Employer contributions vest 100% after one year of plan membership. The Company's combined contributions to these two RRSPs were $0.5 million, $0.4 million and $0.3 million as of December 31, 2022, 2021 and 2020, respectively. In 2010, the Company instituted a 401(k) retirement savings plan which covers all U.S. employees. Employees may voluntarily contribute up to 90% of their compensation to the 401(k) plan. The Company matches the employee contribution at a rate of 50% of the first 6% of compensation contributed to the plan. Employer contributions vest one-third for each of the first three years of employment until fully vested after three years of employment. The Company also provides a 401(k) plan covering all full-time employees, whereby employees can invest their gross pay up to 90% of their compensation by the 401(k) plan. The Company makes a matching contribution in an amount equal to: (i) 100% of the first 3% of an employee’s gross income contributed to the plan, plus (ii) 50% of the next 2% of an employee’s amount of the employee contributions that exceed 3% of gross pay but that do not exceed 5% of gross pay. The Company's combined contributions to these three plans were $3.0 million, $1.7 million and $1.7 million for the years ended December 31, 2022, 2021 and 2020, respectively. The Company owns life insurance policies on plan beneficiaries as an informal funding vehicle to meet future benefit obligations. These policies are recorded at their cash surrender value and are included in other assets. Income generated from policies is recorded in "Salaries and benefits" on the Consolidated Statement of Operations. Refer to Note 5 , " Fair Value Measurements " for additional information.

CREDIT SERVICE ORGANIZATION

CREDIT SERVICE ORGANIZATION	12 Months Ended
	Dec. 31, 2022
Guarantees [Abstract]
CREDIT SERVICE ORGANIZATION	NOTE 20 – CREDIT SERVICE ORGANIZATION As a result of the sale of the Legacy U.S. Direct Lending Business on July 8, 2022, the Company no longer guarantees loans originated by third-party lenders through CSO programs. The Company will continue to present these loans in the paragraphs that follow based on historical practice and for comparability purposes. Refer to Note 14, "Acquisitions and Divestiture" for additional information. The CSO fee receivables balance was $5.2 million at December 31, 2021 and is reflected in "Prepaid expenses and other" in the Consolidated Balance Sheets. The Company bore the risk of loss through its guarantee to purchase customer loans that were charged-off. The terms of these loans ranged up to six months. See Note 1, "Summary of Significant Accounting Policies and Nature of Operations" for further details of the Company's accounting policy. As of December 31, 2021, the incremental maximum amount payable under all such guarantees was $38.4 million. This liability is not included in the Company's Consolidated Balance Sheets. The Company held no collateral in respect of the guarantees. The Company estimated a liability for losses associated with the guaranty provided to the CSO lenders, which was $6.9 million at December 31, 2021. This liability is reflected in "Liability for losses on CSO lender-owned consumer loans" in the Consolidated Balance Sheets. The Company placed $5.5 million in collateral accounts for the benefit of lenders for the year ended December 31, 2021 which is reflected in "Prepaid expenses and other" in the Consolidated Balance Sheets. The balances required to be maintained in these collateral accounts varied by lender, typically based on a percentage of the outstanding loan balances held by the lender. The percentage of outstanding loan balances required for collateral was negotiated between the Company and each lender. Deferred revenue associated with the CSO program was immaterial as of December 31, 2021 and there were no costs to obtain, or costs to fulfill, capitalized under the program. See Note 2 , "Loans Receivable and Revenue"

RESTRUCTURING AND STORE CLOSURE

RESTRUCTURING AND STORE CLOSURES	12 Months Ended
	Dec. 31, 2022
Restructuring and Related Activities [Abstract]
OTHER CHARGES	NOTE 21 – RESTRUCTURING AND STORE CLOSURES 2022 Restructuring On October 5, 2022, our Board of Directors approved restructuring actions to reduce operating expenses through store closures and headcount reductions in both the U.S. and Canada, and the elimination of duplicative corporate office functions in the U.S. Both the workforce reduction and store closures were aimed at reducing duplicative corporate functions and stores with overlapping customer populations as a result of our acquisitions of Heights Finance in December of 2021 and First Heritage in July of 2022. For the year ended December 31, 2022, we incurred $16.0 million of expense related to our restructuring actions, of which $7.9 million relates to employee termination benefits resulting from the workforce reduction of approximately 150 employees, and $8.2 million in lease abandonment costs resulting from the closure of 89 stores in the U.S. and Canada. The following table shows the total restructuring costs incurred during the year ended December 31, 2022 (in thousands): Employee Termination Benefits Lease Exit Costs Total Restructuring Costs Salaries and Benefits $ 6,601 $ — $ 6,601 Direct Operations 1,266 — 1,266 Other Operating Expense — 8,171 8,171 Total $ 7,867 $ 8,171 $ 16,038 The following table shows the total amount incurred and liability, which is recorded in accounts payables and other accrued liabilities in the Consolidated Balance Sheets, for restructuring-related costs as of December 31, 2022: Total Restructuring Costs Accrued restructuring costs as of October 5, 2022 $ — Restructuring costs incurred during the year ended December 31, 2022 $ 16,038 Amount paid during the year ended December 31, 2022 $ (11,292) Accrued restructuring costs as of December 31, 2022 $ 4,746 2021 Store Closures The Company closed or did not renew leases for 49 U.S. stores in Illinois (8), Oregon (2), Colorado (2), Washington (1), Texas (31), California (2), Louisiana (1), Nevada (1) and Tennessee (1), of which 19 and 30 stores closed in the second and third quarters of 2021, respectively. The Company exited Illinois entirely given that state's legislative changes that effectively eliminated the Company's product offerings. The store closure decisions in other states were made after extensive analysis and in response to ongoing migration of customer transactions toward the online channel and the impact of COVID-19 on store traffic and profitability. The Company incurred $12.7 million of total one-time charges associated with the U.S. Direct Lending store closures during the year ended December 31, 2021 as follows: (in thousands) Year Ended December 31, 2021 (1) Store closure costs Severance and employee costs $ 3,943 Lease termination costs 1,710 Net accelerated depreciation and write-off of ROU assets and lease liabilities 7,064 Total store closure costs $ 12,717 (1) During the year ended December 31, 2021, the Consolidated Statement of Operations included $3.9 million of store closure costs recorded within "Salaries and benefits" and $8.7 million recorded within "Other operating expense."

DISCONTINUED OPERATIONS

DISCONTINUED OPERATIONS	12 Months Ended
	Dec. 31, 2022
Discontinued Operations and Disposal Groups [Abstract]
DISCONTINUED OPERATIONS	NOTE 22 – DISCONTINUED OPERATIONS On February 25, 2019, in accordance with the provisions of the U.K. Insolvency Act 1986 and as approved by the Boards of Directors of the U.K. Subsidiaries, insolvency practitioners from KPMG were appointed as Administrators for the U.K. Subsidiaries. The effect of the U.K. Subsidiaries’ entry into administration was to place their management, affairs, business and property of the U.K. Subsidiaries under the direct control of the Administrators. Accordingly, the Company deconsolidated the U.K. Subsidiaries, which comprised the U.K. reportable operating segment, as of February 25, 2019 and classified them as Discontinued Operations for all periods presented. The following table presents the results of operations of the U.K. Subsidiaries, which meet the criteria of Discontinued Operations and, therefore, are excluded from the Company's results of continuing operations (in thousands): For the Year Ended December 31, 2020 Revenue $ — Provision for losses — Net revenue — Cost of providing services Advertising — Non-advertising costs of providing services — Total cost of providing services — Gross margin — Operating expense (income) Corporate, district and other expenses — Interest income — Gain on disposition (1,714) Total operating income (1,714) Pre-tax income from operations of discontinued operations 1,714 Income tax expense related to disposition 429 Net income from discontinued operations $ 1,285 For the years ended December 31, 2022 and 2021, the Consolidated Statements of Operations were not impacted by the U.K. Subsidiaries as there was no activity during those periods. As of December 31, 2022 and 2021, the Consolidated Balance Sheets were not impacted by the U.K. Subsidiaries as all balances were written off when the U.K. segment entered into administration during the first quarter of 2019. The following table presents cash flows of the U.K. Subsidiaries (in thousands): 2020 Net cash provided by discontinued operating activities $ 1,714 Net cash used in discontinued investing activities — Net cash used in discontinued financing activities — For the years ended December 31, 2022 and 2021, the Consolidated Statements of Cash Flows were not impacted by the U.K. Subsidiaries as there was no activity during those periods.

SHARE REPURCHASE PROGRAM

SHARE REPURCHASE PROGRAM	12 Months Ended
	Dec. 31, 2022
Equity [Abstract]
SHARE REPURCHASE PROGRAM	NOTE 23 – 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 were no repurchases under this program as of December 31, 2022. Repurchases are at the Company's discretion and can continue until completed or terminated. The Company expects any repurchases 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 years ended December 31, 2022 and December 31, 2021 (in thousands, except for per share amounts and number of share amounts): For the Year Ended December 31, 2022 For the Year Ended December 31, 2021 Total number of shares repurchased 824,477 2,218,333 Average price paid per share $ 15.20 $ 16.86 Total value of shares repurchased $ 12,530 $ 37,400 In November 2021, the Company entered into a Share Repurchase Agreement with the Leah M. Faulkner 2017 Dynasty Trust ("Seller"), a Trust advised by a Director and greater than 10% owner of the Company. Pursuant to the Share Repurchase Agreement, the Company repurchased 500,000 shares of its common stock, par value $0.001 per share, owned by the Seller, in a private transaction at a purchase price equal to $18.10 per share of common stock. This transaction occurred outside of the share repurchase program authorized in May 2021.

SUBSEQUENT EVENTS

SUBSEQUENT EVENTS	12 Months Ended
	Dec. 31, 2022
Subsequent Events [Abstract]
SUBSEQUENT EVENTS	NOTE 24 – SUBSEQUENT EVENTS Curo Canada Revolving Credit Facility On January 6, 2023, the C$5 million Curo Canada Revolving Credit Facility was cancelled in its entirety. Ad Astra — Ceased Operations We utilized Ad Astra as our debt collector for delinquent loans originated by Legacy U.S. Direct Lending Business. Loans were typically assigned to Ad Astra after 91 days without a scheduled payment. Upon the sale of the Legacy U.S. Direct Lending Business in July 2022, Ad Astra continued to service these loans as part of the Transition Services Agreement with Community Choice Financial. In January 2023, the Company ceased Ad Astra's operations.

SUMMARY OF SIGNIFICANT ACCOUN_2

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES AND NATURE OF OPERATIONS (Policies)	12 Months Ended
	Dec. 31, 2022
Accounting Policies [Abstract]
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 full-spectrum consumer credit lender serving U.S. and Canadian customers for over 25 years. Our roots in the consumer finance market run deep. We have worked diligently to provide customers a variety of convenient, easily accessible financial services. Our decades of alternative data power a hard-to-replicate underwriting and scoring engine, mitigating risk across the full spectrum of credit products. In the U.S., CURO operates under several principal brands, including "Covington Credit," "Heights Finance," "Quick Credit," "Southern Finance" and "First Heritage Credit." Until July 2022, CURO also operated under "Speedy Cash," "Rapid Cash" and "Avio Credit." As of December 31, 2022, our store network consisted of 496 U.S. retail locations across 13 states. In Canada, we operate under “Cash Money” and “LendDirect” direct lending brands and the "Flexiti" point-of-sale brand. As of December 31, 2022, we operated our direct lending and online services in eight Canadian provinces and one Canadian territory. Our point-of-sale operations are available at over 8,400 retail locations and over 3,500 merchant partners across 10 provinces and two territories. Following the acquisitions in 2022 and 2021, the Company reports Flexiti operations as the "Canada POS Lending" segment and First Heritage and Heights Finance operations within the U.S. Direct Lending segment throughout this 2022 Form 10-K. Refer to Note 1 3 , "Segment Reporting " for further information. The Company has prepared the accompanying audited Consolidated Financial Statements in accordance with U.S. GAAP. The Company will continue to take advantage of the scaled disclosure requirements permitted by the SEC as a Smaller Reporting Company (SRC) for the periods presented. SRC status is determined on an annual basis as of the last business day of the most recently completed second fiscal quarter. Under these rules, the Company met the definition of an SRC as of June 30, 2022 and has elected to continue to report as an SRC. The Company will reevaluate its status as of June 30, 2023. Revised Revenue Presentation Beginning in the first quarter of 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 Consolidated Statements of Operations. Prior period amounts have been reclassified to conform with current period presentation. Revised Operating Expense Presentation Beginning in the fourth quarter of 2021, the Company revised its presentation of operating expenses in the Consolidated Statement of Operations. Where applicable, prior period amounts have been reclassified to conform to the current period presentation. These changes had no impact on the Company's previously reported consolidated results of operations or financial position. U.K. Segment Financial Information Recast for Discontinued Operations On February 25, 2019, the Company placed its U.K. segment into administration, which resulted in treatment of the U.K. segment as discontinued operations for all periods presented. Throughout this report, financial information for all periods are presented on a continuing operations basis, excluding the results and positions of the U.K. segment. See Note 22, "Discontinued Operations"
Principles of Consolidation	Principles of Consolidation The Consolidated Financial Statements reflect the accounts of CURO and its direct and indirect subsidiaries, including the divestiture of the Legacy U.S.Direct Lending Business on July 8, 2022 and the acquisition of First Heritage on July 13, 2022. Refer to Note 14, "Acquisitions and Divestiture" for further disclosures related to these acquisitions. Intercompany transactions and balances have been eliminated in consolidation.
Use of Estimates	Use of Estimates The preparation of the 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
Revenue Recognition	Revenue Recognition As a result of the sale of the Legacy U.S. Direct Lending Business on July 8, 2022, the Company no longer guarantees loans originated by third-party lenders through CSO programs. As such, the Company's results of operations discussed below only include the results from the CSO program through July 8, 2022. Refer to Note 14, "Acquisitions and Divestiture" for additional information. CURO offers a broad range of consumer finance products including Revolving LOC, Unsecured Installment, Secured Installment and Single-Pay loans. Revenue in the Consolidated Statements of Operations includes: interest income, Merchant Discount Revenue ("MDR"), finance charges, CSO fees, late fees, insurance protection fees, non-sufficient funds fees and other ancillary fees. Product offerings differ and are governed by laws in each jurisdiction. Revolving LOC revenues include interest income on outstanding revolving balances, MDR related to Canada POS Lending and other usage or maintenance fees as permitted by underlying statutes. Revolving LOC loans have a periodic payment that is a fixed percentage of the customer’s outstanding loan balance, and there is no defined loan term. The Company records revenue from Revolving LOC loans on a simple-interest basis. Accrued interest and fees are included in gross loans receivable in the Consolidated Balance Sheets. Installment revenue is comprised of both unsecured and secured installment revenue, which includes interest income and non-sufficient-funds or returned-items fees on late or defaulted payments on past-due loans, known as late fees. Late fees comprise less than 1% of Installment revenues. Installment loans are fully amortizing, with a fixed payment amount, which includes principal and accrued interest, due each period during the loan term. The loan terms for Installment loans can range up to 60 months depending on state or provincial regulations. The Company records revenue from Installment loans on a simple-interest basis. Accrued interest and fees are included in gross loans receivable in the Consolidated Balance Sheets as earned. CSO fees are recognized ratably over the term of the loan as earned. Secured Installment loans are similar to Unsecured Installment loans but are secured by a clear vehicle title or security interest in the vehicle. Single-Pay loan revenue, a component of installment revenue, consists primarily of unsecured, short-term, small denomination loans, with a small portion being auto title loans, which allow a customer to obtain a loan using their car as collateral. Revenues from Single-Pay loan products are recognized under the Installment revenue product. Revenues are recognized each period on a constant-yield basis ratably over the term of each loan as earned. The Company defers recognition of the unearned fees the Company expects to collect based on the remaining term of the loan at the end of each reporting period. Insurance premiums, commissions and other revenue includes revenue from a number of financial products such as check cashing, demand deposit accounts, optional credit protection insurance and money transfer services. Check cashing fees, money order fees and other fees from ancillary products and services are generally recognized at the POS when the transaction is completed. The sale of credit protection insurance and additional insurance the Company now offers as a result of the acquisition of Heights Finance and First Heritage are recognized ratably over the term of the loan. The Company is required to maintain an actuarial determined reserve for Heights Finance insurance products due to its reinsurance activities. As of December 31, 2022, the reserve was $1.9 million and is reported in "Accounts payable and accrued liabilities" in the Consolidated Balance Sheet. Merchant Discount Revenue Following the acquisition of Flexiti, the Company recognizes MDR, which represents a fee charged to merchant partners to facilitate customer purchases at merchant locations. The fee is recorded as unearned revenue when received and recognized over the expected loan term. The amount of fees charged, or merchant discount, is generally deducted from the payment to the merchant at the time a customer enters into a POS transaction with the merchant. The merchant discount rate is individually
Cash and cash equivalents and Restricted Cash	Cash and cash equivalents The Company considers deposits in banks and short-term investments with original maturities of 90 days or less as cash and cash equivalents. Restricted Cash The Company's restricted cash includes deposits in collateral accounts with financial institutions, consumer deposits related to prepaid cards and checking account programs and funds related to loan facilities disclosed in Note 3 , "Variable Interest Entities." In connection with insurance products offered by Heights Finance, certain of the Company's cash is restricted by agreements with financial institutions to meet certain state licensing requirements as required under various reinsurance agreements. As of December 31, 2022, our restricted cash related balance included $21.4 million for the Heights Finance reinsurance program and $52.3 million held for funding facilities. See Note 3, "Variable Interest Entities" and Note 6, "Debt" for further discussion on these facilities.
Consumer Loans Receivable, Current and Past-Due Loans Receivable, Allowance for Loan Losses, and Credit Services Organization	Consumer Loans Receivable Consumer loans receivable are net of the allowance for loan losses, unearned insurance, unearned interest and fees and unamortized fair value discount for acquired loans receivable and are comprised of Revolving LOC, Unsecured Installment, Secured Installment and Single-Pay loans. Revolving LOC loans are lines of credit without a specified maturity date. Revolving LOC loans require periodic payments of principal and interest that is a fixed percentage of the customer's outstanding loan balance. Customers in good standing may draw against their line of credit, repay with minimum, partial or full payments and redraw as needed. Unsecured Installment and Secured Installment loans are fully amortizing loans with a fixed payment amount due each period during the term of the loan. The loan terms for Unsecured Installment and Secured Installment loans can range up to 60 months, depending on state regulations. Secured Installment loans are typically collateralized by titled vehicles. Revolving LOC loans are primarily unsecured. The product offerings differ by jurisdiction and are governed by the laws in each jurisdiction. Single-Pay loans are primarily unsecured, short-term, small denomination loans, with a small portion being auto title loans, which allow a customer to obtain a loan using their car as collateral. A Single-Pay loan transaction consists of providing a customer cash in exchange for the customer’s personal check or ACH authorization (in the aggregate amount of that cash plus a service fee), with an agreement to defer the presentment or deposit of that check or scheduled ACH withdrawal until the customer’s next payday, which is typically either two weeks or a month from the loan’s origination date. An auto title loan allows a customer to obtain a loan using the customer’s car as collateral for the loan, with a typical loan term of 30 days. Single-Pay loans are classified as Installment loans. Current and Past-Due Loans Receivable CURO classifies loans receivable as either current or past due. Single-Pay loans are considered past-due if a customer misses a scheduled payment, at which point the loan is charged-off. If a U.S. Direct Lending customer misses a scheduled payment for Revolving LOC or Installment loans, the entire customer balance is classified as past-due and is charged-off when the loan has been contractually past-due for 180 consecutive days. If a Canada Direct Lending or Legacy U.S. Direct Lending customer misses a scheduled payment for Revolving LOC or Installment loans, the entire customer balance is classified as past-due and is charged-off when the loan has been contractually past-due for 90 consecutive days. Canada POS Lending loans historically were charged-off when the loan was contractually past due for 180 days. Beginning January 1, 2023, Canada Direct Lending loans will have the same charge-off policy as U.S. Direct Lending loans. All loan receivables charge-off when notice of customer bankruptcy or consumer proposal has been received. Allowance for Loan Losses The Company maintains an ALL for loans and interest receivable at a level estimated to be adequate to absorb incurred losses based primarily on the Company's analysis of historical loss or charge-off rates for loans containing similar risk characteristics. The ALL on gross loans receivables reduces the outstanding gross loans receivables balance in the Consolidated Balance Sheets. Changes in the ALL, net of charge-offs and recoveries, are recorded as “Provision for losses” in the Consolidated Statements of Operations. In addition to an analysis of historical loss and charge-off rates, the Company also considers delinquency trends and any macro-economic conditions that it believes may affect portfolio losses. If a loan is deemed to be uncollectible before it is fully reserved based on received information (e.g., receipt of customer bankruptcy notice or death), the Company charges off the loan at that time. Qualitative factors such as 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 impact management’s judgment on the overall adequacy of the ALL. Any recoveries on loans previously charged to the ALL are credited to the ALL when collected. Troubled Debt Restructuring In certain circumstances, the Company modifies the terms of its loans receivable for borrowers. Under U.S. GAAP, a modification of loans receivable terms is considered a TDR if the borrower is experiencing financial difficulty and the Company grants a concession to the borrower it would not have otherwise granted under the terms of the original agreement. The Company modifies loans only if it believes the customer has the ability to pay under the restructured terms. The Company continues to accrue and collect interest on these loans in accordance with the restructured terms. The Company records its ALL related to TDRs by discounting the estimated cash flows associated with the respective TDR at the effective interest rate immediately after the loan modification and records any difference between the discounted cash flows and the carrying value as an ALL adjustment. A loan that has been classified as a TDR remains so classified until the loan is paid off or charged-off. A TDR is charged off consistent with the Company's policies for the related loan product. Loans Receivable on a Non-Accrual Basis The Company may place loans receivable on non-accrual status due to statutory requirements or, if in management’s judgment, the timely collection of principal and interest becomes uncertain. After a loan is placed on non-accrual status, no further interest is accrued. Loans remain on non-accrual status until payment or charged-off. Payments are applied initially to any outstanding past due loan balances prior to current loan balances. Not all past-due payments will bring a loan off non-accrual status. The Company's policy for determining past due status is consistent with the accounts receivable aging disclosure. Credit Services Organization As a result of the sale of the Legacy U.S. Direct Lending Business on July 8, 2022, the Company no longer guarantees loans originated by third-party lenders through CSO programs. Refer to Note 14, "Acquisitions and Divestiture" for additional information. The paragraphs below outline the Company's accounting for the CSO program through July 8, 2022, the date of the divestiture of the CSO program. Through the CSO programs, the Company acted as a CSO/CAB on behalf of customers in accordance with applicable state laws. The Company offered loans through CSO programs in stores and online in the state of Texas. As a CSO, CURO earned revenue by charging the customer a CSO fee for arranging an unrelated third-party to make a loan to that customer. When a customer executed an agreement with CURO under the CSO programs, the Company agreed, for a CSO fee payable to the Company by the customer, to provide certain services to the customer, one of which was to guarantee the customer’s obligation to repay the loan to the third-party lender. CSO fees were calculated based on the amount of the customer's outstanding loan. For CSO loans, each lender was responsible for providing the criteria by which the customer’s application was underwritten and, if approved, determining the amount of the customer loan. The Company was, in turn, responsible for assessing whether or not to guarantee the loan. This guarantee represented an obligation to purchase loans if they were charged-off. CURO estimated a liability for losses associated with the guaranty provided to the CSO lenders using assumptions and methodologies similar to the ALL, which was recognized for the consumer loans and included as "Liability for losses on CSO lender-owned consumer loans" on the Consolidated Balance Sheets. For services provided under the CSO programs, the Company received payments from customers on their scheduled loan repayment due dates. The CSO fee was earned ratably over the term of the loan as the customers made payments. If a loan was paid off early, no additional CSO fees were due or collected. Since CSO loans were made by a third-party lender, they were not included in the Company's Consolidated Balance Sheets as loans receivable. CSO fees receivable were included in “Prepaid expenses and other” in the Consolidated Balance Sheets. The Company received cash from customers for these fees on their scheduled loan repayment due dates. For additional information on CSO loans, refer to Note 20 , "Credit Services Organization."
Variable Interest Entities	Variable Interest Entities As part of its funding strategy and efforts to support the liquidity from sources other than the traditional capital market sources, the Company established a securitization program through the Heights SPV, First Heritage SPV, Flexiti SPV, Flexiti Securitization and Canada SPV facilities. See Note 3 , "Variable Interest Entities" and Note 6 , "Debt" for further discussion on these facilities. The Company transfers certain consumer loan receivables to the VIEs that issues term notes backed by the underlying consumer loan receivables which are serviced by other wholly-owned subsidiaries. For each facility, the Company has the ability to direct the activities of the VIE that most significantly impact the economic performance of the entities as the servicer of the securitized loan receivables. Additionally, CURO has the right to receive residual payments, which exposes the Company to the potential for significant losses and returns. Accordingly, the Company determined that they are the primary beneficiary of the VIEs and are required to consolidate them.
Derivatives	DerivativesAs foreign currency exchange rates change, translation of the financial results of the Canadian operations into U.S. Dollars are impacted. Operations in Canada represent a significant portion of total operations, and material changes in the currency exchange rates as between these two countries could have a significant impact on the Company's consolidated financial condition, results of operations or cash flows. The Company may elect to purchase derivatives to hedge exposures that would qualify as a cash flow or fair value hedge. The Company records derivative instruments at fair value as either an asset or liability on the Consolidated Balance Sheet. Changes in the derivative instruments' intrinsic value, to the extent that they are effective as a hedge, are recorded in Other comprehensive income (loss). For derivatives that qualify and have been designated as cash flow or fair value hedges for accounting purposes, the changes in fair value have no net impact on earnings, to the extent the derivative is considered perfectly effective in achieving offsetting changes in fair value or cash flows attributable to the risk being hedged, until the hedged item is recognized in earnings (commonly referred to as the “hedge accounting” method). During the year ended December 31, 2022, the Company entered into interest rate swaps on both the Flexiti SPV and Flexiti Securitization facilities.
Property and Equipment	Property and Equipment Property and equipment is carried at cost less accumulated depreciation and amortization, except for property and equipment accounted for as part of a business combination, which is carried at fair value as of the acquisition date less accumulated depreciation and amortization. Expenditures for significant additions and improvements are capitalized. Maintenance repairs and renewals, that do not materially add to the fixed asset's value or appreciably prolong its life, are charged to expense as incurred. Gains and losses on dispositions of property and equipment are included in results of operations. The estimated useful lives for furniture, fixtures and equipment are five years to seven years. The estimated useful lives for leasehold improvements can vary from five years to 15 years, not to exceed the remaining term of the lease. Depreciation and amortization are computed using the straight-line method over the estimated useful lives of the depreciable or amortizable assets.
Business Combination Accounting	Business Combination Accounting Business combination accounting requires that the Company determines the fair value of all assets acquired, including identifiable intangible assets, liabilities assumed and contingent consideration issued in a business combination. The cost of the acquisition is allocated to these assets and liabilities in amounts equal to the estimated fair value of each asset and liability as of the acquisition date, and any remaining acquisition cost is classified as goodwill. This allocation process requires extensive use of estimates and assumptions, including estimates of future cash flows to be generated by the acquired assets. The Company engages third-party appraisal firms to assist in fair value determination when appropriate. The acquisitions may also include contingent consideration, or earn-out provisions, which provide for additional consideration to be paid to the seller if certain conditions are met in the future. These earn-out provisions are estimated and recognized at fair value at the acquisition date based on projected earnings or other financial metrics over specified future periods. These estimates are reviewed during each subsequent reporting period and adjusted based upon actual results. Acquisition-related costs for potential and completed acquisitions are expensed as incurred and included in "Other operating expense" in the Consolidated Statements of Operations. Goodwill is initially valued based on the excess of the purchase price of a business combination over the fair value of the acquired net assets recognized and represents the future economic benefits arising from other assets acquired that could not be individually identified and separately recognized. Intangible assets other than goodwill are initially valued at fair value. When appropriate, the Company utilizes independent valuation experts to advise and assist in determining the fair value of the identified intangible assets acquired in connection with a business acquisition and in determining appropriate amortization methods and periods for those intangible assets. Any contingent consideration included as part of the purchase is recognized at its fair value on the acquisition date.
Goodwill and Intangible Assets	Goodwill and Intangible Assets Goodwill represents the excess of the purchase price over the fair value of the net tangible and identifiable intangible assets acquired in each business combination at the time of acquisition. In accordance with ASC 350, Intangibles - Goodwill and Other ("ASC 350"), the Company performs impairment testing for goodwill and indefinite-lived intangible assets annually, as of October 1st, or whenever indicators of impairment exist. An impairment would occur if the carrying amount of a reporting unit exceeded the fair value of that reporting unit. These events or circumstances could include a significant change in the business climate, a change in strategic direction, legal factors, operating performance indicators, a change in the competitive environment, the sale or disposition of a significant portion of a reporting unit or economic outlook. The Company recorded an impairment loss on goodwill for the U.S. Direct Lending and Canada POS Lending reporting units during the year-ended December 31, 2022. No impairment was recorded on the Canada Direct Lending during the year-ended December 31, 2022 or any reporting unit for the year ended December 31, 2021. Goodwill The annual impairment review for goodwill consists of performing a qualitative assessment to determine whether it is more likely than not that a reporting unit’s fair value is less than its carrying amount as a basis for determining whether or not further testing is required. The Company may elect to bypass the qualitative assessment and proceed directly to the two-step process, for any reporting unit, in any period. The Company can resume the qualitative assessment for any reporting unit in any subsequent period. If the Company determines, on the basis of qualitative factors, that it is more likely than not that the fair value of the reporting unit is less than the carrying amount, the Company will then apply a two-step process of (i) determining the fair value of the reporting unit and (ii) comparing it to the carrying value of the net assets allocated to the reporting unit. Management uses both the income approach and market approach to complete its annual goodwill valuation. The income approach uses future cash flows and estimated terminal values for the Company that are discounted using a market participant perspective to determine the fair value. The income approach includes assumptions about revenue growth rates, operating margins and terminal growth rates discounted by an estimated weighted-average cost of capital. The market approach calculates the fair value of the invested capital based on the Company’s market capitalization and a comparison to guideline public companies multiples. When performing the two-step process, if the fair value of the reporting unit exceeds it carrying value, no further analysis or write-down of goodwill is required. In the event the estimated fair value of a reporting unit is less than the carrying value, the Company would recognize an impairment loss equal to such excess, which could significantly and adversely impact reported results of operations and stockholders’ equity. See Note 4 , "Goodwill " for additional information. Intangible Assets The Company's identifiable intangible assets, resulting from business combinations and internally developed capitalized software, consist of trade names, developed technology, merchant relationships, customer relationships and computer software. See Note 14, "Acquisitions and Divestiture" for additional information on intangible assets resulting from business combinations. The Company applied the guidance under ASC 350 to software that is purchased or internally developed. Under ASC 350, eligible internal and external costs incurred for the development of computer software applications, as well as for upgrades and enhancements that result in additional functionality of the applications, are capitalized to "Intangibles, net" in the Consolidated Balance Sheets. Internal and external training and maintenance costs are charged to expense as incurred or over the related service period. When a software application is placed in service, the Company begins amortizing the related capitalized software costs using the straight-line method over its estimated useful life, which ranges from three The “Cash Money” trade name was determined to be an intangible asset with an indefinite life. Intangible assets with indefinite lives are not amortized, but instead are tested annually for impairment and reviewed for impairment whenever events or changes in circumstances indicate that the carrying amount of the asset might not be recoverable. Impairment of identifiable intangible assets with indefinite lives occurs when the fair value of the asset is less than its carrying amount. If deemed impaired, the asset’s carrying amount is reduced to its estimated fair value. No indefinite life intangible impairments were recorded during the years ended December 31, 2022, 2021 or 2020. See Note 4 , "Goodwill and Intangibles " for further information. The Company's finite lived intangible assets are amortized over their estimated economic benefit period, generally from three Note 4 , "Goodwill and Intangibles"
Deferred Financing Costs	Deferred Financing Costs Deferred financing costs consist of debt issuance costs incurred in obtaining financing. These costs are presented in the Consolidated Balance Sheets as a direct reduction from the carrying amount of associated debt, consistent with discounts or premiums. The effective interest rate method is used to amortize the deferred financing costs over the life of the Senior Secured Notes and the straight-line method is used to amortize the deferred financing costs of the SPV facilities. See Note 6 , "Debt"
Fair Value Measurements	Fair Value Measurements The Company determines fair value measurements of financial and non-financial assets and liabilities in accordance with FASB ASC 820, Fair Value Measurements and Disclosures . This guidance defines fair value as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date (also referred to as an exit price). This guidance also establishes a framework for measuring fair value and expands disclosures about fair value measurements. The standard applies whenever other standards require (or permit) assets or liabilities to be measured at fair value. See Note 5 , “Fair Value Measurements”
Concentration Risk	Concentration Risk Financial instruments that potentially subject the Company to concentrations of credit risk primarily consist of its loans receivable. Direct Lending operations in the U.S. and Canada are subject to concentration risk at the state and province level. To the extent that laws and regulations are passed that affect the manner in which the Company conducts business in a heavily concentrated market, its financial condition, results of operations and cash flows could be adversely affected. Additionally, the Company's ability to meet its financial obligations could be negatively impacted. Revenues originated in Ontario and Texas represented approximately 29.2% and 15.3%, respectively, of the Company's consolidated revenues for the year ended December 31, 2022 and 20.2% and 21.0% , respectively, for the year ended December 31, 2021. Revenues originated in Texas, California and Ontario represented approximately 22.6%, 13.6% and 16.6%, respectively, of the Company's consolidated revenues for the year ended December 31, 2020. Following the acquisition of Heights Finance and First Heritage, which accounted for approximately $769.0 million of gross loans receivable as of December 31, 2022, the Company operates in new U.S. markets, primarily the southern and eastern states. Receivables originated in Ontario, Tennessee and Texas represented approximately 14.8%, 6.2% and 3.0%, respectively, of the Company's consolidated receivables for the year ended December 31, 2022. The Company operates its Canada POS Lending operations with various merchant partners. The Company entered into a merchant relationship with LFL in the third quarter of 2021. The revenue contribution from LFL represented approximately 5.9% of the Company's consolidated revenues for the year ended December 31, 2022 and 26.7% of the Company's consolidated receivables as of year ended December 31, 2022. The Company holds cash at major financial institutions that often exceed FDIC insured limits. The Company manages its concentration risk by maintaining cash deposits in high quality financial institutions and by periodically evaluating the credit quality of the financial institutions holding such deposits. Historically, the Company has not experienced any losses due to such cash concentration.
Leases	Leases Leases entered into by the Company are primarily for retail stores in certain U.S. states and Canadian provinces. Upon entering into an agreement, the Company determines if an arrangement is a lease. Typically, a contract constitutes a lease if it conveys the right to control the use of an identified property, plant or equipment (an identified asset) for a period of time in exchange for consideration. To determine whether a contract conveys the right to control the use of an identified asset for a period of time, the Company must assess whether, throughout the period of use, the customer has both (i) the right to obtain substantially all of the economic benefits from use of the identified asset and (ii) the right to direct the use of the identified asset. If the customer has the right to control the use of an identified asset for only a portion of the term of the contract, the contract contains a lease for that portion of the term. Leases classified as finance were immaterial to the Company as of December 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" on the Consolidated Balance Sheets. The Company recognizes ROU assets and lease liabilities based on the present value of lease payments over the lease term at commencement date. The rate implicit in the Company's leases typically are not readily determinable. As a result, the Company uses its estimated incremental borrowing rate, as allowed by ASC 842, Leases , in determining the present value of lease payments. The incremental borrowing rate is based on internal and external information available at the lease commencement date and is determined using a portfolio approach (i.e., using the weighted average terms of all leases in the Company's portfolio). This rate is the theoretical rate the Company would pay to borrow an amount equal to the lease payments on a collateralized basis over a similar term as that of the portfolio. The Company uses quoted interest rates obtained from financial institutions as an input, adjusted for Company-specific factors, to derive the incremental borrowing rate as the discount rate for the leases. As new leases are added each period, the Company evaluates whether the incremental borrowing rate has changed. If the incremental borrowing rate has changed, the Company will apply the rate to new leases if not doing so would result in a material difference to the ROU asset and lease liability presented on the Consolidated Balance Sheets. The majority of the leases have an original term up to five years plus renewal options for additional similar terms. The Consumer Price Index is used in determining future lease payments and for purposes of calculating operating lease liabilities. Lease terms may include options to extend or terminate the lease when it is reasonably certain that the Company will exercise that option. Most of the leases have escalation clauses and certain leases also require payment of period costs, including maintenance, insurance and property taxes. The Company has elected to combine lease and non-lease components and to exclude short-term leases, defined as having an initial term of 12 months or less, from the Consolidated Balance Sheets. Some of the leases are with related parties and have terms similar to the non-related party leases. See Note 15 , " R elated Party Transactions " for further information. The Company's lease agreements do not contain any material residual value guarantees or material restrictive covenants. For additional information related to the Company's leases, refer to Note 1 1 , "Leases."
Advertising Costs	Advertising —Advertising costs are expensed as incurred.
Share-Based Compensation	Share-Based Compensation CURO accounts for share-based compensation expense for awards to employees and directors at the estimated fair value on the grant date. The Company determines the fair value of stock option grants using the Black-Scholes option pricing model, which requires CURO to make several assumptions including, but not limited to, the risk-free interest rate and the expected volatility of publicly traded stocks in the financial services industry. The expected option term is calculated using the average of the vesting period and the original contractual term. For RSUs, the value of the award is calculated using the closing market price of the common stock on the grant date for time-based and performance-based RSUs, and using the Monte Carlo simulation pricing model for the market-based RSUs. The Company recognizes the estimated fair value of share-based awards as compensation expense on a straight-line basis over the vesting period. The Company accounts for forfeitures as they occur for all share-based awards. In accordance with ASC 718, Compensation - Stock Compensation , the Company may choose, upon vesting of employees' RSUs, to return shares of common stock underlying the vested RSUs to the Company in satisfaction of employees' tax withholding obligations (collectively, "net-share settlements") rather than requiring shares of common stock to be sold on the open market to satisfy these tax withholding obligations. The total number of shares of common stock returned to the Company is based on the closing price of the Company's common stock on the applicable vesting date. These net-share settlements reduced the number of shares of common stock that would have otherwise been outstanding on the open market, and the cash CURO paid to satisfy the employee portion of the tax withholding obligations are reflected as a reduction to "Paid-in capital" in the Company's Consolidated Balance Sheets and Consolidated Statements of Changes in Equity.
Income Taxes	Income Taxes A deferred tax asset or liability is recognized for the anticipated future tax consequences of temporary differences between the tax basis of assets or liabilities and their reported amounts in the financial statements and for operating loss and tax credit carryforwards. A valuation allowance is provided when, in the opinion of management, it is more likely than not that some portion or all of a deferred tax asset will not be realized. Realization of the deferred tax assets is dependent on the Company's ability to generate sufficient future taxable income and, if necessary, execution of tax planning strategies. In the event CURO determines that future taxable income, taking into consideration tax planning strategies, may not generate sufficient taxable income to fully realize net deferred tax assets, the Company may be required to establish or increase valuation allowances by a charge to income tax expense in the period such a determination is made, which may have a material impact on the Consolidated Statements of Operations. The Company measures deferred tax assets and liabilities using enacted tax rates expected to apply to taxable income in the years in which they expect those temporary differences to be recovered or settled. The effect on deferred tax assets and liabilities of a change in tax rates is recognized in income in the period that includes the enactment date and it may have a material impact on the Consolidated Statements of Operations. CURO follows accounting guidance which prescribes a comprehensive model for how companies should recognize, measure, present and disclose in their financial statements unrecognized tax benefits for tax positions taken or expected to be taken on a tax return. Under this guidance, tax positions are initially recognized in the financial statements when it is more likely than not that the position will be sustained upon examination by the tax authorities. Such tax positions are initially and subsequently measured as the largest amount of tax benefit that is greater than 50% likely of being realized upon ultimate settlement with the tax authority assuming full knowledge of the position and all relevant facts. Application of this guidance requires numerous estimates based on available information. The Company considers many factors when evaluating and estimating tax positions and tax benefits, and the recognized tax positions and tax benefits may not accurately anticipate actual outcomes. As the Company obtains additional information, they may need to adjust the recognized tax positions and tax benefits. For additional information related to unrecognized tax benefits, see Note 8 , "Income Taxes."
Foreign Currency Translation	Foreign Currency Translation The Canadian dollar is considered the functional currency for operations in Canada. All balance sheet accounts are translated into U.S. dollars at the exchange rate in effect at each balance sheet date. The Statements of Operations are translated at the average rates of exchange during each period. The Company has determined that certain intercompany balances are long-term in nature, and therefore, currency translation adjustments related to those accounts are recorded as a component of "Accumulated other comprehensive income (loss)" in the Statements of Stockholders' Equity. For intercompany balances that are settled on a regular basis, currency translation adjustments related to those accounts are recorded as a component of "Other operating expense" in the Consolidated Statements of Operations.
Legal and Other Commitments and Contingencies	Legal and Other Commitments and Contingencies The Company is subject to litigation in the normal course of its business. The Company applies the provisions as defined in the guidance related to accounting for contingencies in determining the recognition and measurement of expense recognition associated with legal claims against the Company. Management uses guidance from internal and external legal counsel on the potential outcome of litigation in determining the need to record liabilities for potential losses and the disclosure of pending legal claims. Refer to Note 7 , " Commitments and Contingencies " for further information.
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 measure credit losses for most financial assets and certain other instruments that are not measured at fair value through net income. The standard replaces the current “incurred loss” approach with an “expected loss” model for instruments measured at amortized cost and affects 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 2016-13 and related amendments are effective for fiscal years beginning after December 15, 2022 for entities that qualified as an SRC 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. The Company adopted ASU 2016-13 and the related ASUs effective January 1, 2023. Based on the December 31, 2022 loan portfolio and current expectations, the Company estimates the impact of the adoption, through a modified-retrospective approach, to cause an increase to the allowance for credit losses of $135 million and a corresponding one-time, cumulative reduction to retained earnings of $100 million (net of $35 million in taxes) in the consolidated balance sheet as of January 1, 2023. 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 FASB has recently extended the adoption date to December 31, 2024. The FASB also issued ASU 2021-01, Reference Rate Reform (Topic 848) : Scope in January 2021, which 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. As of September 30, 2022, the Company has transitioned all debt facilities from LIBOR to SOFR. 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 will have a material effect on its 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 inputs, 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).

LOANS RECEIVABLE AND REVENUE (T

LOANS RECEIVABLE AND REVENUE (Tables)	12 Months Ended
	Dec. 31, 2022
Receivables [Abstract]
Summary of Revenue by Product	The following table summarizes revenue by product (in thousands): For the Year Ended December 31, 2022 2021 2020 Revolving LOC $ 345,813 $ 294,591 $ 249,502 Installment 559,594 449,144 538,685 Total interest and fees revenue 905,407 743,735 788,187 Insurance premiums and commissions 88,490 49,410 35,553 Other revenue 32,021 24,698 23,655 Total revenue (1) $ 1,025,918 $ 817,843 $ 847,396 (1) Includes revenue from CSO programs of $101.2 million, $167.1 million and $185.5 million for the years ended December 31, 2022, 2021 and 2020, respectively.
Summary of Loans Receivable by Product and Related Delinquent Loans	December 31, 2022 Revolving LOC Installment (1) Total Current loans receivable $ 1,194,554 $ 649,262 $ 1,843,816 1-30 days past-due 46,956 76,709 123,665 31-60 days past-due 17,677 21,480 39,157 61-90 days past-due 12,190 14,143 26,333 91 + days past-due 13,138 41,724 54,862 Total delinquent loans receivable 43,005 77,347 120,352 Total loans receivable 1,284,515 803,318 2,087,833 Less: allowance for losses (78,815) (43,213) (122,028) Loans receivable, net $ 1,205,700 $ 760,105 $ 1,965,805 (1) Of the $803.3 million of installment receivables, $12.7 million relate to mandated extended payment options for certain Canada Single-Pay loans. December 31, 2021 Revolving LOC Installment - Company Owned (1) Total Current loans receivable $ 843,379 $ 512,207 $ 1,355,586 1-30 days past-due 35,657 58,373 94,030 31-60 days past-due 15,452 21,185 36,637 61-90 days past-due 13,397 17,146 30,543 91 + days past-due 6,228 25,294 31,522 Delinquent loans receivable 35,077 63,625 98,702 Total loans receivable 914,113 634,205 1,548,318 Less: allowance for losses (68,140) (19,420) (87,560) Loans receivable, net $ 845,973 $ 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. The following tables summarize loans Guaranteed by the Company under CSO programs and the related delinquent receivables (in thousands): December 31, 2021 Total Installment - Guaranteed by the Company Current loans receivable Guaranteed by the Company $ 38,102 1-30 days past-due 6,795 Delinquent loans receivable Guaranteed by the Company 1,420 Total loans receivable Guaranteed by the Company 46,317 Less: Liability for losses on CSO lender-owned consumer loans (6,908) Loans receivable Guaranteed by the Company, net $ 39,409 December 31, 2021 Total Installment - Guaranteed by the Company Delinquent loans receivable 31-60 days past-due $ 1,031 61-90 days past-due 285 91 + days past-due 104 Total delinquent loans receivable $ 1,420
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): For the Year Ended Revolving LOC Installment Other Total Allowance for loan losses: Balance, beginning of period $ 68,140 $ 19,420 $ — $ 87,560 Charge-offs (162,587) (221,197) (11,443) (395,227) Recoveries 27,976 85,033 1,401 114,410 Net charge-offs (134,611) (136,164) (10,042) (280,817) Provision for losses 166,414 173,810 10,042 350,266 Divestiture (2) (13,555) (13,691) — (27,246) Effect of foreign currency translation (7,573) (162) — (7,735) Balance, end of period $ 78,815 $ 43,213 $ — $ 122,028 Liability for losses on CSO lender-owned consumer loans: (1) Balance, beginning of period $ — $ 6,908 $ — $ 6,908 Decrease in liability — (1,280) — (1,280) Divestiture (2) — (5,628) — (5,628) Balance, end of period $ — $ — $ — $ — (1) All balances in connection with the CSO programs were disposed of on July 8, 2022 upon the divestiture of the Legacy U.S. Direct Lending Business. (2) Write off of the ALL or liability for losses on CSO lender-owned consumer loans related to loan balance sold or guarantees transferred from the Company on July 8, 2022 upon the divestiture of the Legacy U.S. Direct Lending Business. For the Year Ended Revolving LOC Installment Other Total Allowance for loan losses: Balance, beginning of period $ 51,958 $ 34,204 $ — $ 86,162 Charge-offs (114,827) (191,734) (3,911) (310,472) Recoveries 29,454 107,147 1,810 138,411 Net charge-offs (85,373) (84,587) (2,101) (172,061) Provision for losses 102,457 69,766 2,101 174,324 Effect of foreign currency translation (902) 37 — (865) Balance, end of period $ 68,140 $ 19,420 $ — $ 87,560 Liability for losses on CSO lender-owned consumer loans: Balance, beginning of period $ — $ 7,228 $ — $ 7,228 Decrease in liability — $ (320) — $ (320) Balance, end of period $ — $ 6,908 $ — $ 6,908
Summary of Outstanding TDR Receivables	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 December 31, 2022 As of December 31, 2021 Current TDR gross receivables $ 10,169 $ 11,580 Delinquent TDR gross receivables 2,635 5,066 Total TDR gross receivables 12,804 16,646 Less: Impairment included in the allowance for loan losses (2,691) (3,632) Less: Additional allowance (660) (2,212) Outstanding TDR receivables, net of impairment $ 9,453 $ 10,802 The tables below present loans modified and classified as TDRs during the periods presented (in thousands): For the Year Ended December 31, 2022 2021 2020 Pre-modification TDR loans receivable $ 9,030 $ 16,255 $ 38,930 Post-modification TDR loans receivable 8,702 14,538 34,252 Total concessions included in gross charge-offs $ 328 $ 1,717 $ 4,678 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): For the Year Ended December 31, 2022 2021 2020 Average outstanding TDR loans receivable $ 11,065 $ 18,259 $ 20,631 Interest income recognized 5,320 18,328 17,074 Number of TDR loans 3,531 11,693 27,082

VARIABLE INTEREST ENTITIES (Tab

VARIABLE INTEREST ENTITIES (Tables)	12 Months Ended
	Dec. 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): December 31, December 31, Assets Restricted cash $ 52,277 $ 57,155 Loans receivable, net 1,855,824 1,228,088 Prepaid expenses and other 12,908 — Deferred tax assets 17,027 — Total Assets $ 1,938,036 $ 1,285,243 Liabilities Accounts payable and accrued liabilities $ 13,571 $ 9,886 Deferred revenue 31 106 Deferred tax liability — 269 Accrued interest 7,023 3,279 Income taxes payable 7,850 — Debt, net 1,589,380 965,072 Total Liabilities $ 1,617,855 $ 978,612

GOODWILL AND INTANGIBLES (Table

GOODWILL AND INTANGIBLES (Tables)	12 Months Ended
	Dec. 31, 2022
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule of Goodwill	The change in the carrying amount of Goodwill by operating segment, known as reporting unit for goodwill testing purposes, for the years ended December 31, 2022 and 2021, was as follows (in thousands): U.S. Direct Lending Canada Direct Lending Canada POS Lending Total Goodwill at December 31, 2020 $ 105,922 $ 30,169 $ — $ 136,091 Foreign currency translation — (64) (515) (579) Measurement period adjustment — — (4,478) (4,478) Acquisition (Note 14) 253,857 — 44,901 298,758 Goodwill at December 31, 2021 359,779 30,105 39,908 429,792 Foreign currency translation — (1,847) (2,494) (4,341) Measurement period adjustment 11,825 — — 11,825 Divestiture (Note 14) (91,131) — — (91,131) Acquisition (Note 14) 75,365 — — 75,365 Goodwill Impairment Charge (107,827) — (37,414) (145,241) Goodwill at December 31, 2022 $ 248,011 $ 28,258 $ — $ 276,269
Schedule of Identifiable Intangible Assets	Identifiable intangible assets consisted of the following: December 31, 2022 December 31, 2021 Weighted-Average Remaining Life (Years) Gross Accumulated Net Gross Accumulated Net Assets not subject to amortization Trade name — $ 21,432 $ — $ 21,432 $ 22,832 $ — $ 22,832 Assets subject to amortization Merchant relationships 3.3 18,265 (6,610) 11,655 19,459 (3,151) 16,308 Customer relationships 2.4 18,005 (5,957) 12,048 20,285 (10,295) 9,990 Computer software (1) 5.4 101,899 (30,833) 71,066 81,844 (25,453) 56,391 Trade name 11.6 8,411 (935) 7,476 4,621 (212) 4,409 Balance, end of year $ 168,012 $ (44,335) $ 123,677 $ 149,041 $ (39,111) $ 109,930 (1) Includes internally developed software, of $60.6 million and $44.7 million, net, as of December 31, 2022 and 2021, respectively.
Schedule of Future Amortization Expense Related to Intangible Assets	The following table outlines the estimated amortization expense related to intangible assets held at December 31, 2022 for each of the next five years (in thousands): Year Ending December 31, 2023 $ 23,817 2024 21,859 2025 16,947 2026 6,158 2027 4,252

FAIR VALUE MEASUREMENTS (Tables

FAIR VALUE MEASUREMENTS (Tables)	12 Months Ended
	Dec. 31, 2022
Fair Value Disclosures [Abstract]
Summary of Assets and Liabilities Carried at Fair Value	The table below presents the assets and liabilities that were carried at fair value on the Consolidated Balance Sheets at December 31, 2022 (in thousands): Estimated Fair Value Carrying Value December 31, Level 1 Level 2 Level 3 Total Financial assets: Cash Surrender Value of Life Insurance $ 7,591 $ 7,591 $ — $ — $ 7,591 Derivative assets 7,458 — 7,458 — 7,458 Financial liabilities: Non-qualified deferred compensation plan $ 5,149 $ 5,149 $ — $ — 5,149 Contingent consideration related to acquisition 16,884 — — 16,884 16,884 The table below presents the assets and liabilities that were carried at fair value on the 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
Summary of 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 Consolidated Balance Sheets at December 31, 2022 (in thousands): Estimated Fair Value Carrying Value December 31, Level 1 Level 2 Level 3 Total Financial assets: Cash and cash equivalents $ 73,932 $ 73,932 $ — $ — $ 73,932 Restricted cash 91,745 91,745 — — 91,745 Loans receivable, net 1,965,805 — — 1,965,805 1,965,805 Investment in Katapult 23,915 20,624 — — 20,624 Financial liabilities: 7.50% Senior Secured Notes $ 982,934 $ — $ 466,500 $ — $ 466,500 Heights SPV 393,181 — — 393,181 393,181 First Heritage SPV 178,622 — — 182,751 182,751 Flexiti SPV 339,651 — — 343,565 343,565 Flexiti Securitization 385,054 — — 387,759 387,759 Canada SPV 292,872 — — 294,594 294,594 The table below presents the assets and liabilities that were not carried at fair value on the 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 Investment in Katapult 27,900 72,627 — — 72,627 Financial liabilities: Liability for losses on CSO lender-owned consumer loans (1) $ 6,908 $ — $ — $ 6,908 $ 6,908 7.50% Senior Secured Notes 980,721 — 1,005,700 — 1,005,700 U.S. SPV (1) 45,392 — — 49,456 49,456 Canada SPV 157,813 — — 160,533 160,533 Flexiti SPV 172,739 — — 176,625 176,625 Flexiti Securitization 239,128 — — 242,886 242,886 Heights Finance SPV 350,000 — — 350,000 350,000 (1) Liabilities were disposed of when we completed the divestiture of the Legacy U.S. Direct Lending Business on July 8, 2022.
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, 2019 $ 10,068 $ — $ 10,068 Equity method income 4,546 — 4,546 Accounting policy change for certain securities from equity method investment to measurement alternative (12,452) 12,452 — Purchases of common stock warrants and preferred shares 4,030 7,157 11,187 Purchases of common stock 1,570 — 1,570 Balance at December 31, 2020 7,762 19,609 27,371 Equity method income 3,658 — 3,658 Conversion of investment (2) 6,481 (19,609) (13,128) Purchases of common stock 9,999 — 9,999 Balance at December 31, 2021 27,900 — 27,900 Equity method loss (3,985) — (3,985) Balance at December 31, 2022 $ 23,915 $ — $ 23,915 (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.

DEBT (Tables)

DEBT (Tables)	12 Months Ended
	Dec. 31, 2022
Debt Disclosure [Abstract]
Schedule of Long-term Debt Instruments	The Company's debt instruments and balances outstanding as of December 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 December 31, 2022 December 31, 2021 Corporate Debt: 7.50% Senior Secured Notes August 1, 2028 7.50 % $ 1,000,000 $ 1,000,000 Total corporate debt 1,000,000 1,000,000 Funding Debt: Heights SPV July 15, 2025 1-Mo SOFR + 4.25% $425.0 million $ 400,758 $ — First Heritage SPV July 13, 2025 1-Mo SOFR + 4.25% $225.0 million 182,751 — Flexiti SPV (1) September 29, 2025 Weighted average interest rate (4)(7) 8.33% C$535.0 million 343,565 176,625 Flexiti Securitization (1) (5) December 9, 2025 1-Mo CDOR + 3.59% (7) C$526.5 million 387,759 242,886 Canada SPV (1) August 2, 2026 3-Mo CDOR + 6.00% C$400.0 million 294,594 160,533 Heights Finance SPV (3) N/A (3) 1-Mo LIBOR + 5.25% $350.0 million — 350,000 U.S. SPV (2) N/A (2) 1-Mo LIBOR + 6.25% $200.0 million — 49,456 Curo Canada Revolving Credit Facility (1)(6) On-demand Canada Prime Rate + 1.95% C$5.0 million — — Senior Revolver August 31, 2023 1-Mo SOFR + 5.00% $40.0 million 35,000 — Total funding debt $ 1,644,427 $ 979,500 Less: debt issuance costs (37,113) (33,707) Total Debt $ 2,607,314 $ 1,945,793 (1) Capacity amounts are denominated in Canadian dollars, whereas outstanding balances as of December 31, 2022 and December 31, 2021 are denominated in U.S. dollars. The exchange rate applied at December 31, 2022 was 0.7365 and the exchange rate at December 31, 2021 was 0.7846. (2) The U.S. SPV was extinguished on July 8, 2022 upon the divestiture of the Legacy U.S. Direct lending Business. (3) The Heights Finance SPV was extinguished on July 15, 2022 and replaced as of July 15, 2022 with Heights SPV. (4) The weighted average interest rate does not include the impact of the amortization of deferred loan origination costs or debt discounts. (5) The effective rate is 7.09%. (6) On December 21, 2022, the maximum amount of the CURO Canada Revolving Credit Facility was reduced from C$10.0 million to C$5.0 million, and the facility was cancelled on January 6, 2023. (7) Swapped to fixed rate via interest rate swap hedging arrangement entered into on July 7, 2022 for Flexiti Securitization and October 11, 2022 for Flexiti SPV.
Future Maturities of Long-Term Debt	Annual maturities of outstanding debt for each of the five years after December 31, 2022 are as follows (in thousands): Amount 2023 $ 35,000 2024 — 2025 1,314,833 2026 294,594 2027 — Thereafter 1,000,000 Debt (before deferred financing costs and discounts) 2,644,427 Less: deferred financing costs and discounts 37,113 Debt, net $ 2,607,314

INCOME TAXES (Tables)

INCOME TAXES (Tables)	12 Months Ended
	Dec. 31, 2022
Income Tax Disclosure [Abstract]
Schedule of Income Tax Expense (Benefit)	Income before taxes and income tax expense (benefit) was comprised of the following (in thousands): Year Ended December 31, 2022 2021 2020 (Loss) income before taxes U.S. $ (140,463) $ 86,106 $ 59,741 Non-U.S. (53,697) (5,549) 20,602 (Loss) income from continuing operations before taxes $ (194,160) $ 80,557 $ 80,343 Current provision (benefit) Federal $ 16,254 $ 21,549 $ (14,585) State 3,783 4,553 5,959 Foreign 9,120 13,639 3,925 Current provision (benefit) $ 29,157 $ 39,741 $ (4,701) Deferred tax (benefit) provision Federal $ (19,691) $ (5,022) $ 14,949 State (1,873) 154 (1,247) Foreign (16,271) (13,650) (3,106) Deferred tax (benefit) provision $ (37,835) $ (18,518) $ 10,596 (Benefit) provision for income taxes $ (8,678) $ 21,223 $ 5,895
Schedule of Effective Tax Rate	Differences between the Company's effective income tax rate computed on net earnings or loss before income taxes and the statutory federal income tax rate were as follows (dollars in thousands): Year Ended December 31, 2022 2021 2020 Income tax (benefit) expense using the statutory federal rate in effect $ (40,774) $ 16,917 $ 16,872 Tax effect of: Effects of foreign rates different than U.S. statutory rate 3,222 518 (1,236) State, local and provincial income taxes, net of federal benefit (2,635) 3,359 6,619 Tax credits (678) (802) (3,188) Nondeductible expenses 1,801 1,090 564 Valuation allowance 1,349 (275) (2,686) Prior year income tax re-determination (602) — — Share-based compensation 132 (705) 1,119 Gain on sale of business 8,484 — — Impairment of Goodwill 22,369 — — Federal NOL carryback — — (11,251) Prior year basis adjustment — — (659) Change in fair value of contingent consideration (1,187) 944 — Other (159) 177 (259) Total (benefit) provision for income taxes $ (8,678) $ 21,223 $ 5,895 Effective income tax rate 4.5 % 26.3 % 7.3 % Statutory federal income tax rate 21.0 % 21.0 % 21.0 %
Summary of Unrecognized Tax Benefits	A reconciliation of the beginning and ending amounts of unrecognized tax benefits is as follows (in thousands): Year Ended December 31, 2022 2021 Balance at the beginning of year $ 250 $ 1,100 Additions for tax positions related to prior years 1,648 125 Additions for tax positions related to the current year 60 125 Settlements with taxing authorities — (1,100) Balance at end of year $ 1,958 $ 250
Schedule of Deferred Income Tax Assets (Liabilities)	The sources of deferred income tax assets (liabilities) are summarized as follows (in thousands): Year Ended December 31, 2022 2021 Deferred tax assets related to: Loans receivable $ 9,913 $ — Accrued expenses and other reserves 7,309 2,960 Lease liability 16,055 26,777 Compensation accruals 6,826 5,845 Deferred revenue 1,811 204 State and provincial NOL carryforwards 18,560 15,547 Foreign NOL and capital loss carryforwards 21,378 17,090 Tax credit carryforwards 3,872 3,905 Gross deferred tax assets 85,724 72,328 Less: Valuation allowance (9,719) (7,732) Net deferred tax assets $ 76,005 $ 64,596 Deferred tax liabilities related to: Property and equipment $ (2,820) $ (14,950) Right of use asset (15,648) (25,304) Goodwill and other intangible assets (2,730) (9,914) Prepaid expenses and other assets (3,055) (466) Hedge accounting (1,859) — Loans receivable — (4,367) Gross deferred tax liabilities (26,112) (55,001) Net deferred tax assets $ 49,893 $ 9,595 Deferred tax assets and liabilities are included in the following line items in the Consolidated Balance Sheets (in thousands): Year Ended December 31, 2022 2021 Deferred tax assets $ 49,893 $ 15,639 Deferred tax liabilities — (6,044) Net deferred tax assets $ 49,893 $ 9,595
Summary of Valuation Allowance	A summary of the valuation allowance was as follows (in thousands): Year Ended December 31, 2022 2021 2020 Balance at the beginning of year $ 7,732 $ 5,695 $ 8,328 Increase (decrease) to balance charged as expense 1,349 (275) (2,686) Increase to balance charged to opening balance sheet of the acquisition 1,044 1,873 — (Decrease) to balance for the divestiture (542) — — Increase (decrease) to balance charged to Other comprehensive income 136 392 (378) Effect of foreign currency translation — 47 431 Balance at end of year $ 9,719 $ 7,732 $ 5,695

EARNINGS PER SHARE (Tables)

EARNINGS PER SHARE (Tables)	12 Months Ended
	Dec. 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): For the Year Ended 2022 2021 2020 Net (loss) income from continuing operations $ (185,484) $ 59,334 $ 74,448 Net income from discontinued operations, net of tax — — 1,285 Net income $ (185,484) $ 59,334 $ 75,733 Weighted average common shares - basic 40,428 41,155 40,886 Dilutive effect of stock options and restricted stock units — 1,988 1,205 Weighted average common shares - diluted 40,428 43,143 42,091 (Loss) earnings per share: Continuing operations $ (4.59) $ 1.44 $ 1.82 Discontinued operations — — 0.03 Basic (loss) earnings per share $ (4.59) $ 1.44 $ 1.85 Diluted (loss) earnings per share: Continuing Operations $ (4.59) $ 1.38 $ 1.77 Discontinued operations — — 0.03 Diluted (loss) earnings per share $ (4.59) $ 1.38 $ 1.80

SHARE-BASED COMPENSATION (Table

SHARE-BASED COMPENSATION (Tables)	12 Months Ended
	Dec. 31, 2022
Share-Based Payment Arrangement [Abstract]
Summary of Stock Option Activity	The following table summarizes the Company's stock option activity for the years ended December 31, 2022, 2021 and 2020: Stock Options Weighted Average Exercise Price Weighted Average Grant Date Fair Value Weighted Average Remaining Contractual Term (years) Aggregate Intrinsic Value (in millions) Outstanding at Outstanding at January 1, 2020 1,404,622 $ 3.56 2.6 $ 12.1 Granted — $ — $ — Exercised (274,510) $ 2.79 $ 3.2 Forfeited — $ — $ — Outstanding at December 31, 2020 1,130,112 $ 3.74 2.6 $ 12.0 Granted — $ — $ — Exercised (615,024) $ 2.83 $ 8.1 Forfeited — $ — $ — Outstanding at December 31, 2021 515,088 $ 4.83 4.2 $ 5.8 Granted — $ — $ — Exercised — $ — $ — Forfeited — $ — $ — Outstanding at December 31, 2022 515,088 $ 4.83 3.2 $ (0.7) Options exercisable at December 31, 2022 515,088 $ 4.83 3.2 $ (0.7)
Schedule of Restricted Stock Activity	A summary of the activity of time-based, market-based and performance-based unvested RSUs for the years ended December 31, 2022, 2021 and 2020 are presented in the following table: Number of RSUs Weighted Average Time-Based Market-Based Performance-Based January 1, 2020 1,061,753 394,861 — $ 11.47 Granted 694,213 368,539 — $ 10.40 Vested (716,268) — — $ 12.86 Forfeited (26,906) (4,687) — $ 11.89 December 31, 2020 1,012,792 758,713 — $ 10.26 Granted 1,238,564 299,053 253,310 $ 15.51 Vested (494,790) — — $ 11.04 Forfeited (80,638) (51,032) — $ 11.46 December 31, 2021 1,675,928 1,006,734 253,310 $ 13.27 Granted 1,649,980 1,422,886 — $ 9.75 Vested (785,751) — (7,568) $ 13.80 Forfeited (444,088) (701,258) (101,252) $ 11.90 December 31, 2022 2,096,069 1,728,362 144,490 $ 10.87
Share-based Compensation Expense	Share-based compensation expense, which includes compensation costs from stock options and RSUs, included in the Consolidated Statements of Operations as a component of "Salaries and benefits" is summarized in the following table (in thousands): For the year ended, 2022 2021 2020 Pre-tax share-based compensation expense $ 13,957 $ 13,976 $ 12,910 Income tax benefit (3,283) (4,475) (1,164) Total share-based compensation expense, net of tax $ 10,674 $ 9,501 $ 11,746

LEASES (Tables)

LEASES (Tables)	12 Months Ended
	Dec. 31, 2022
Leases [Abstract]
Summary of Operating Lease Costs	The following table summarizes the operating lease costs and other information for the years ended December 31, 2022, 2021 and 2020 (in thousands): Year Ended December 31, 2022 2021 2020 Operating lease costs: Third-Party $ 32,538 $ 31,197 $ 30,828 Related-Party 2,282 3,394 3,386 Total operating lease costs (1) $ 34,820 $ 34,591 $ 34,214 Cash paid for amounts included in the measurement of operating lease liabilities $ 28,414 $ 36,235 $ 34,651 ROU assets (divested) obtained $ (24,749) $ 9,682 $ 18,847 Weighted average remaining lease term - Operating leases 4.4 years 4.9 years 5.7 years Weighted average discount rate - Operating leases 7.8 % 8.3 % 9.9 % (1) Includes immaterial variable lease costs.
Summary of Future Minimum Lease Payments, ASC 842	The following table summarizes the aggregate operating lease payments that the Company is contractually obligated to make under operating leases as of December 31, 2022 (in thousands): Third-Party Related-Party Total 2023 $ 24,323 $ 616 $ 24,939 2024 17,433 632 18,065 2025 11,813 649 12,462 2026 6,686 667 7,353 2027 4,265 685 4,950 Thereafter 8,139 993 9,132 Total 72,659 4,242 76,901 Less: Imputed interest (12,878) (1,176) (14,054) Operating lease liabilities $ 59,781 $ 3,066 $ 62,847

DIVIDENDS (Tables)

DIVIDENDS (Tables)	12 Months Ended
	Dec. 31, 2022
Equity [Abstract]
Schedule of Dividends	The table below summarizes the Company's quarterly dividends for the years ended December 31, 2022 and 2021. 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 Q2 2022 April 28, 2022 May 10, 2022 May 23, 2022 $ 0.11 $ 4,440 Q3 2022 August 3, 2022 August 15, 2022 August 26, 2022 $ 0.11 $ 4,453 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 Q2 2021 May 3, 2021 May 14, 2021 May 27, 2021 $ 0.11 $ 4,580 Q3 2021 July 28, 2021 August 9, 2021 August 19, 2021 $ 0.11 $ 4,556 Q4 2021 October 27, 2021 November 12, 2021 November 22, 2021 $ 0.11 $ 4,453

SEGMENT REPORTING (Tables)

SEGMENT REPORTING (Tables)	12 Months Ended
	Dec. 31, 2022
Segment Reporting [Abstract]
Summary of Financial Information by Segment	The following table illustrates summarized financial information concerning reportable segments (in thousands): For the Year Ended 2022 2021 2020 Revenues by segment: (1) U.S. Direct Lending $ 615,722 $ 525,962 $ 638,524 Canada Direct Lending 303,750 257,039 208,872 Canada POS Lending 106,446 34,842 — Consolidated revenue $ 1,025,918 $ 817,843 $ 847,396 Net revenues by segment: U.S. Direct Lending $ 375,144 $ 359,929 $ 408,360 Canada Direct Lending 189,183 202,042 150,225 Canada POS Lending 61,266 10,204 — Consolidated net revenue $ 625,593 $ 572,175 $ 558,585 Segment (loss) income before income taxes: U.S. Direct Lending $ (175,350) $ 47,517 $ 34,172 Canada Direct Lending 51,163 88,731 46,171 Canada POS Lending (69,975) (55,691) — Consolidated (loss) income before income taxes $ (194,162) $ 80,557 $ 80,343 Expenditures for long-lived assets by segment: U.S. Direct Lending $ 18,173 $ 13,450 $ 10,079 Canada Direct Lending 6,768 2,238 639 Canada POS Lending 20,880 7,891 — Consolidated expenditures for long-lived assets $ 45,821 $ 23,579 $ 10,718 (1) For revenue by product, see Note 2 , "Loans Receivable and Revenue." The following table provides the proportion of gross loans receivable by segment (in thousands): December 31, December 31, U.S. Direct Lending $ 773,380 $ 661,945 Canada Direct Lending 481,015 427,197 Canada POS Lending 833,438 459,176 Total gross loans receivable $ 2,087,833 $ 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): December 31, December 31, U.S. Direct Lending $ 13,993 $ 32,753 Canada Direct Lending 15,239 21,072 Canada POS Lending 2,725 810 Total net long-lived assets $ 31,957 $ 54,635

ACQUISITIONS AND DIVESTITURE (T

ACQUISITIONS AND DIVESTITURE (Tables)	12 Months Ended
	Dec. 31, 2022
Business Combination and Asset Acquisition [Abstract]
Schedule of Assets Acquired and Liabilities Assumed	Amounts acquired on July 13, 2022 Assets Cash and cash equivalents $ 31,396 Restricted cash 1,933 Gross loans receivable (1) 218,011 Prepaid expenses and other 1,285 Property and equipment 345 Right-of-use assets 4,241 Intangibles, net 10,670 Total assets $ 267,880 Liabilities Accounts payable and accrued liabilities $ 4,270 Lease liabilities 4,241 Debt 170,392 Total liabilities 178,904 Net assets acquired 88,976 Total consideration paid 164,341 Goodwill $ 75,365 (1) The gross contractual loans receivables as of July 13, 2022 were $236.1 million, of which the Company estimates $18.1 million will not be collected. Amounts acquired on December 27, 2021 Measurement period adjustments Amounts acquired on December 27, 2021 (as adjusted) Assets Cash and cash equivalents $ 13,564 $ — $ 13,564 Restricted cash 33,630 — 33,630 Gross loans receivable (1) 471,630 (15,379) 456,251 Income tax receivable 3,526 4,209 7,735 Prepaid expenses and other 7,410 — 7,410 Property and equipment 4,748 — 4,748 Right-of-use assets 16,111 — 16,111 Intangibles, net 11,900 — 11,900 Deferred tax asset — 2,477 2,477 Other assets 98 — 98 Total assets $ 562,617 $ (8,693) $ 553,924 Liabilities Accounts payable and accrued liabilities $ 19,186 $ 4,209 $ 23,395 Lease liabilities 16,315 — 16,315 Deferred tax liability 1,077 (1,077) — Accrued interest on debt 1,781 — 1,781 Debt 350,000 — 350,000 Total liabilities $ 388,359 $ 3,132 $ 391,491 Net assets acquired $ 174,258 $ (11,825) $ 162,433 Total consideration paid 428,115 428,115 Goodwill $ 253,857 $ 265,682 (1) The gross contractual loans receivables as of December 27, 2021 were $485.4 million, of which the Company estimates $29.1 million will not be collected. The following table presents the purchase price allocation recorded in the Company’s Consolidated Balance Sheet as of the date of acquisition (in thousands): Amounts acquired on March 10, 2021 Measurement period adjustments Amounts acquired on March 10, 2021 (as adjusted) Assets Cash and cash equivalents $ 1,267 $ — $ 1,267 Gross loans receivable (1) 196,138 — 196,138 Prepaid expenses and other 687 — 687 Property and equipment 460 — 460 Right-of-use assets 616 — 616 Intangibles 50,876 3,572 54,448 Deferred tax assets 2,741 908 3,649 Total assets $ 252,785 $ 4,480 $ 257,265 Liabilities Accounts payable and accrued liabilities $ 9,356 $ — $ 9,356 Credit facilities 174,367 — 174,367 Lease liabilities 616 — 616 Total liabilities $ 184,339 $ — $ 184,339 Net assets acquired $ 68,446 $ 4,480 $ 72,926 Total consideration paid 113,347 — 113,347 Goodwill $ 44,901 $ (4,480) $ 40,421 (1) The gross contractual loans receivables as of March 10, 2021 were $208.6 million, of which the Company estimates $12.5 million will not be collected. The following table summarizes the allocation of the estimated fair values of the assets acquired and liabilities assumed at the date of acquisition: (in thousands) Amounts acquired on January 3, 2020 Assets Cash and cash equivalents $ 3,360 Accounts receivable 465 Property and equipment 358 Intangible assets 1,101 Goodwill 14,791 Operating lease asset 235 Total assets $ 20,310 Liabilities Accounts payable and accrued liabilities 2,264 Operating lease liabilities 235 Total liabilities $ 2,499 Total cash consideration transferred $ 17,811
Finite-Lived Intangible Assets Acquired as Part of Business Combination	The following table sets forth the components of identifiable intangible assets acquired and their estimated useful lives as of the date of acquisition (dollars in thousands): Fair Value Useful Life Trade name $ 3,790 10.0 years Customer relationships 6,880 3.5 years Total identified intangible assets $ 10,670 The following table sets forth the components of identifiable intangible assets acquired, as adjusted for measurement period adjustments, and their estimated useful lives as of the date of acquisition (dollars in thousands): Fair Value Useful Life Developed technology $ 31,827 5.0 years Merchant relationships 19,684 5.0 years Customer relationships 2,937 3.0 years Total identified intangible assets $ 54,448
Schedule of Assets and Liabilities Held-for-Sale	The following table presents the amounts attributable to each category recorded in the Company’s Consolidated Balance Sheet as of the date of divestiture of the Legacy U.S. Direct Lending Business (in thousands): July 8, 2022 Assets Cash, cash equivalents and restricted cash $ 21,292 Loans receivable 162,147 Right of use asset 39,326 Goodwill 91,131 Other assets (1) 30,690 Total assets $ 344,586 Liabilities Accounts payable and accrued liabilities $ (8,947) Right of use liability (43,433) Liability for losses on CSO lender-owned consumer loans (5,628) Other long term liabilities (2) (5,815) Total liabilities (63,823) Net assets sold 280,763 Total proceeds 349,207 Total pretax gain on sale of business $ 68,444 (1) Includes income tax receivable, property and equipment, intangibles, deferred tax assets and other assets. (2) Includes deferred revenue, income taxes payable, deferred tax liability and other long-term liabilities The following table presents the results of operations of the U.K. Subsidiaries, which meet the criteria of Discontinued Operations and, therefore, are excluded from the Company's results of continuing operations (in thousands): For the Year Ended December 31, 2020 Revenue $ — Provision for losses — Net revenue — Cost of providing services Advertising — Non-advertising costs of providing services — Total cost of providing services — Gross margin — Operating expense (income) Corporate, district and other expenses — Interest income — Gain on disposition (1,714) Total operating income (1,714) Pre-tax income from operations of discontinued operations 1,714 Income tax expense related to disposition 429 Net income from discontinued operations $ 1,285 The following table presents cash flows of the U.K. Subsidiaries (in thousands): 2020 Net cash provided by discontinued operating activities $ 1,714 Net cash used in discontinued investing activities — Net cash used in discontinued financing activities —

PREPAID EXPENSES AND OTHER (Tab

PREPAID EXPENSES AND OTHER (Tables)	12 Months Ended
	Dec. 31, 2022
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]
Components of Prepaid Expenses and Other Assets	Components of Prepaid expenses and other assets were as follows (in thousands): December 31, 2022 December 31, 2021 Settlements and collateral due from third-party lenders (1) $ — $ 5,465 Fees receivable from customers under CSO programs (1) — 8,412 Prepaid expenses 13,963 16,243 Other assets 39,094 11,918 Total prepaid expenses and other $ 53,057 $ 42,038 (1) All balances in connection with the CSO programs were disposed of on July 8, 2022 upon the completion of the divestiture of the Legacy U.S. Direct Lending Business.

PROPERTY AND EQUIPMENT (Tables)

PROPERTY AND EQUIPMENT (Tables)	12 Months Ended
	Dec. 31, 2022
Property, Plant and Equipment [Abstract]
Classification of Property and Equipment	The classification of property and equipment was as follows (in thousands): December 31, 2022 December 31, 2021 Leasehold improvements $ 52,031 $ 122,049 Furniture, fixtures and equipment 44,019 43,276 Property and equipment, gross 96,050 165,325 Accumulated depreciation and amortization (64,093) (110,690) Property and equipment, net $ 31,957 $ 54,635

ACCOUNTS PAYABLE AND ACCRUED _2

ACCOUNTS PAYABLE AND ACCRUED LIABILITIES (Tables)	12 Months Ended
	Dec. 31, 2022
Payables and Accruals [Abstract]
Components of Accounts Payable and Accrued Liabilities	Components of Accounts payable and accrued liabilities were as follows (in thousands): December 31, 2022 December 31, 2021 Trade accounts payable $ 14,100 $ 43,094 Money orders payable 2,112 3,460 Accrued taxes, other than income taxes 1,248 1,053 Accrued payroll and fringe benefits 16,487 41,658 Other accrued liabilities 39,880 32,169 Total accounts payable and accrued liabilities $ 73,827 $ 121,434

RESTRUCTURING AND STORE CLOSU_2

RESTRUCTURING AND STORE CLOSURES (Tables)	12 Months Ended
	Dec. 31, 2022
Restructuring and Related Activities [Abstract]
Schedule of Restructuring Costs	The following table shows the total restructuring costs incurred during the year ended December 31, 2022 (in thousands): Employee Termination Benefits Lease Exit Costs Total Restructuring Costs Salaries and Benefits $ 6,601 $ — $ 6,601 Direct Operations 1,266 — 1,266 Other Operating Expense — 8,171 8,171 Total $ 7,867 $ 8,171 $ 16,038 The Company incurred $12.7 million of total one-time charges associated with the U.S. Direct Lending store closures during the year ended December 31, 2021 as follows: (in thousands) Year Ended December 31, 2021 (1) Store closure costs Severance and employee costs $ 3,943 Lease termination costs 1,710 Net accelerated depreciation and write-off of ROU assets and lease liabilities 7,064 Total store closure costs $ 12,717 (1) During the year ended December 31, 2021, the Consolidated Statement of Operations included $3.9 million of store closure costs recorded within "Salaries and benefits" and $8.7 million recorded within "Other operating expense."
Activity of the Restructuring Reserve	The following table shows the total amount incurred and liability, which is recorded in accounts payables and other accrued liabilities in the Consolidated Balance Sheets, for restructuring-related costs as of December 31, 2022: Total Restructuring Costs Accrued restructuring costs as of October 5, 2022 $ — Restructuring costs incurred during the year ended December 31, 2022 $ 16,038 Amount paid during the year ended December 31, 2022 $ (11,292) Accrued restructuring costs as of December 31, 2022 $ 4,746

DISCONTINUED OPERATIONS (Tables

DISCONTINUED OPERATIONS (Tables)	12 Months Ended
	Dec. 31, 2022
Discontinued Operations and Disposal Groups [Abstract]
Schedule of Discontinued Operations	The following table presents the amounts attributable to each category recorded in the Company’s Consolidated Balance Sheet as of the date of divestiture of the Legacy U.S. Direct Lending Business (in thousands): July 8, 2022 Assets Cash, cash equivalents and restricted cash $ 21,292 Loans receivable 162,147 Right of use asset 39,326 Goodwill 91,131 Other assets (1) 30,690 Total assets $ 344,586 Liabilities Accounts payable and accrued liabilities $ (8,947) Right of use liability (43,433) Liability for losses on CSO lender-owned consumer loans (5,628) Other long term liabilities (2) (5,815) Total liabilities (63,823) Net assets sold 280,763 Total proceeds 349,207 Total pretax gain on sale of business $ 68,444 (1) Includes income tax receivable, property and equipment, intangibles, deferred tax assets and other assets. (2) Includes deferred revenue, income taxes payable, deferred tax liability and other long-term liabilities The following table presents the results of operations of the U.K. Subsidiaries, which meet the criteria of Discontinued Operations and, therefore, are excluded from the Company's results of continuing operations (in thousands): For the Year Ended December 31, 2020 Revenue $ — Provision for losses — Net revenue — Cost of providing services Advertising — Non-advertising costs of providing services — Total cost of providing services — Gross margin — Operating expense (income) Corporate, district and other expenses — Interest income — Gain on disposition (1,714) Total operating income (1,714) Pre-tax income from operations of discontinued operations 1,714 Income tax expense related to disposition 429 Net income from discontinued operations $ 1,285 The following table presents cash flows of the U.K. Subsidiaries (in thousands): 2020 Net cash provided by discontinued operating activities $ 1,714 Net cash used in discontinued investing activities — Net cash used in discontinued financing activities —

SHARE REPURCHASE PROGRAM (Table

SHARE REPURCHASE PROGRAM (Tables)	12 Months Ended
	Dec. 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 years ended December 31, 2022 and December 31, 2021 (in thousands, except for per share amounts and number of share amounts): For the Year Ended December 31, 2022 For the Year Ended December 31, 2021 Total number of shares repurchased 824,477 2,218,333 Average price paid per share $ 15.20 $ 16.86 Total value of shares repurchased $ 12,530 $ 37,400

SUMMARY OF SIGNIFICANT ACCOUN_3

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES AND NATURE OF OPERATIONS (Details)

1 Months Ended

3 Months Ended

9 Months Ended

12 Months Ended

Jan. 01, 2023 USD ($)

Jul. 13, 2022 USD ($)

Jul. 08, 2022 USD ($)

May 18, 2022 USD ($)

Dec. 27, 2021 USD ($)

Jun. 01, 2021

Mar. 10, 2021 USD ($)

Jan. 03, 2020 USD ($)

Jul. 31, 2022 USD ($)

Sep. 30, 2022 USD ($)

Mar. 31, 2021 USD ($)

Sep. 30, 2022 USD ($)

Dec. 31, 2022 USD ($)

Dec. 31, 2021 USD ($)

Dec. 31, 2020 USD ($)

Dec. 31, 2022 USD ($)

Dec. 31, 2022 location

Dec. 31, 2022 state

Dec. 31, 2022 province

Dec. 31, 2022 partner

Dec. 31, 2022 territory

Dec. 31, 2022

Dec. 31, 2022 store

New Accounting Pronouncements or Change in Accounting Principle [Line Items]

Number of retail locations | location

496

Contingent consideration related to acquisition

$ 20,600,000

$ 26,508,000

$ 16,884,000

Gain on sale of business

$ 68,400,000

$ 68,400,000

$ 68,443,000

0

$ 0

Loans receivable, expected term

60 months

Insurance products reserves

1,900,000

Restricted cash

98,896,000

54,765,000

91,745,000

Intangible impairments, indefinite-lived

$ 0

0

0

Intangible impairments, finite-lived

$ 0

0

0

Operating lease original term of contract

5 years

Allowance for loan losses

87,560,000

122,028,000

Decrease in retained earnings

(203,467,000)

(4,268,000)

(Benefit) provision for income taxes

$ (8,678,000)

21,223,000

$ 5,895,000

Cumulative Effect, Period of Adoption, Adjustment | Forecast

New Accounting Pronouncements or Change in Accounting Principle [Line Items]

Allowance for loan losses

$ 135,000,000

Decrease in retained earnings

100,000,000

(Benefit) provision for income taxes

$ 35,000,000

Previous Lag Period | Katapult

New Accounting Pronouncements or Change in Accounting Principle [Line Items]

Lag period

2 months

2 months

Current Lag Period | Katapult

New Accounting Pronouncements or Change in Accounting Principle [Line Items]

Lag period

3 months

Revenue Benchmark | Merchant Concentration Risk | LFL

New Accounting Pronouncements or Change in Accounting Principle [Line Items]

Concentration risk, percentage

5.90%

Consolidated Receivables Benchmark | Merchant Concentration Risk | LFL

New Accounting Pronouncements or Change in Accounting Principle [Line Items]

Concentration risk, percentage

26.70%

Maximum

New Accounting Pronouncements or Change in Accounting Principle [Line Items]

Intangible asset, useful life

10 years

Maximum | Computer software

New Accounting Pronouncements or Change in Accounting Principle [Line Items]

Intangible asset, useful life

10 years

Maximum | Furniture, fixtures and equipment

New Accounting Pronouncements or Change in Accounting Principle [Line Items]

Property and equipment, estimated useful life

7 years

Maximum | Leasehold improvements

New Accounting Pronouncements or Change in Accounting Principle [Line Items]

Property and equipment, estimated useful life

15 years

Minimum

New Accounting Pronouncements or Change in Accounting Principle [Line Items]

Intangible asset, useful life

3 years

Minimum | Computer software

New Accounting Pronouncements or Change in Accounting Principle [Line Items]

Intangible asset, useful life

3 years

Minimum | Furniture, fixtures and equipment

New Accounting Pronouncements or Change in Accounting Principle [Line Items]

Property and equipment, estimated useful life

5 years

Minimum | Leasehold improvements

New Accounting Pronouncements or Change in Accounting Principle [Line Items]

Property and equipment, estimated useful life

5 years

Consumer Portfolio Segment

New Accounting Pronouncements or Change in Accounting Principle [Line Items]

Allowance for loan losses

$ 87,560,000

122,028,000

Consumer Portfolio Segment | Auto Title Loan

New Accounting Pronouncements or Change in Accounting Principle [Line Items]

Loans receivable, expected term

30 days

Consumer Portfolio Segment | Installment [Member]

New Accounting Pronouncements or Change in Accounting Principle [Line Items]

Late fees, percent of revenue (less than) (as a percent)

1%

Heights' Insurance Program

New Accounting Pronouncements or Change in Accounting Principle [Line Items]

Restricted cash

21,400,000

U.S. SPV, Canada SPV, Flexiti SPV, Flexiti Securitization, Heights Finance SPC, Heights SPV and First Heritage SPV

New Accounting Pronouncements or Change in Accounting Principle [Line Items]

Restricted cash

52,300,000

Canada

New Accounting Pronouncements or Change in Accounting Principle [Line Items]

Number of territories with online presence | territory

1

Texas | Revenue Benchmark | Geographic Concentration Risk

New Accounting Pronouncements or Change in Accounting Principle [Line Items]

Concentration risk, percentage

15.30%

21%

22.60%

Texas | Loans Receivable Benchmark | Geographic Concentration Risk

New Accounting Pronouncements or Change in Accounting Principle [Line Items]

Concentration risk, percentage

3%

ONTARIO | Revenue Benchmark | Geographic Concentration Risk

New Accounting Pronouncements or Change in Accounting Principle [Line Items]

Concentration risk, percentage

29.20%

20.20%

16.60%

ONTARIO | Loans Receivable Benchmark | Geographic Concentration Risk

New Accounting Pronouncements or Change in Accounting Principle [Line Items]

Concentration risk, percentage

14.80%

California | Revenue Benchmark | Geographic Concentration Risk

New Accounting Pronouncements or Change in Accounting Principle [Line Items]

Concentration risk, percentage

13.60%

Tennessee | Loans Receivable Benchmark | Geographic Concentration Risk

New Accounting Pronouncements or Change in Accounting Principle [Line Items]

Concentration risk, percentage

6.20%

Canada POS Lending

New Accounting Pronouncements or Change in Accounting Principle [Line Items]

Number of retail locations | store

8,400

Number of merchant partners | partner

3,500

Number of geographical locations

10

2

U.S. Direct Lending

New Accounting Pronouncements or Change in Accounting Principle [Line Items]

Number of retail locations | store

490

Number of states/provinces with online presence | state

13

Canada Direct Lending

New Accounting Pronouncements or Change in Accounting Principle [Line Items]

Number of states/provinces with online presence | province

8

Discontinued Operations, Disposed of by Sale | U.S. Legacy Direct Lending Business

New Accounting Pronouncements or Change in Accounting Principle [Line Items]

Divestiture sales price

$ 345,000,000

Additional proceeds from divestiture of businesses

$ 35,000,000

Total cash consideration from divestiture, payment terms

12 months

Gain on sale of business

$ 68,444,000

$ 68,400,000

$ 68,400,000

$ 68,400,000

First Heritage SPV

New Accounting Pronouncements or Change in Accounting Principle [Line Items]

Total cash consideration transferred

$ 140,000,000

$ 140,000,000

Payments to acquire businesses, net of cash acquired

131,012,000

$ 0

$ 0

Heights SPV

New Accounting Pronouncements or Change in Accounting Principle [Line Items]

Total cash consideration transferred

$ 360,000,000

Payments to acquire businesses, net of cash acquired

335,000,000

Business combination, consideration transferred, equity interests issued and issuable

$ 25,000,000

Equity interests acquired (as a percentage)

100%

Flexiti

New Accounting Pronouncements or Change in Accounting Principle [Line Items]

Total cash consideration transferred

$ 122,500,000

Payments to acquire businesses, gross

86,500,000

Payments to acquire businesses, net of cash acquired

$ 1,000,000

91,203,000

0

Business combination, consideration transferred, equity interests issued and issuable

8,100,000

Contingent consideration related to acquisition

$ 20,600,000

16,900,000

Equity interests acquired (as a percentage)

100%

Flexiti | Maximum

New Accounting Pronouncements or Change in Accounting Principle [Line Items]

Contingent consideration related to acquisition

$ 32,800,000

Flexiti | Minimum

New Accounting Pronouncements or Change in Accounting Principle [Line Items]

Contingent consideration related to acquisition

$ 0

Ad Astra

New Accounting Pronouncements or Change in Accounting Principle [Line Items]

Total cash consideration transferred

$ 17,811,000

Payments to acquire businesses, net of cash acquired

$ 14,400,000

$ 0

$ 0

$ 14,418,000

Equity interests acquired (as a percentage)

100%

Heights and First Heritage

New Accounting Pronouncements or Change in Accounting Principle [Line Items]

Loans receivable

$ 769,000,000

LOANS RECEIVABLE AND REVENUE -

LOANS RECEIVABLE AND REVENUE - Revenue by Product (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Revenue from External Customer [Line Items]
Total revenue	$ 1,025,918	$ 817,843	$ 847,396
Credit Services Organization Programs
Revenue from External Customer [Line Items]
Total revenue	101,200	167,100	185,500
Consumer Portfolio Segment
Revenue from External Customer [Line Items]
Total revenue	905,407	743,735	788,187
Consumer Portfolio Segment | Revolving LOC
Revenue from External Customer [Line Items]
Total revenue	345,813	294,591	249,502
Consumer Portfolio Segment | Installment
Revenue from External Customer [Line Items]
Total revenue	559,594	449,144	538,685
Unallocated Financing Receivables | Insurance premiums and commissions
Revenue from External Customer [Line Items]
Total revenue	88,490	49,410	35,553
Unallocated Financing Receivables | Other revenue
Revenue from External Customer [Line Items]
Total revenue	$ 32,021	$ 24,698	$ 23,655

LOANS RECEIVABLE AND REVENUE _2

LOANS RECEIVABLE AND REVENUE - Loans Receivable by Product and Delinquency (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans receivable	$ 2,087,833	$ 1,548,318
Less: allowance for losses	(122,028)	(87,560)
Loans receivable, net	1,965,805	1,460,758
Total revenue	1,025,918	817,843	$ 847,396
Consumer Portfolio Segment
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans receivable	2,087,833	1,548,318
Less: allowance for losses	(122,028)	(87,560)
Loans receivable, net	1,965,805	1,460,758
Total revenue	905,407	743,735	788,187
Consumer Portfolio Segment | Current loans receivable
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans receivable	1,843,816	1,355,586
Consumer Portfolio Segment | 1-30 days past-due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans receivable	123,665	94,030
Consumer Portfolio Segment | Total delinquent loans receivable
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans receivable	120,352	98,702
Consumer Portfolio Segment | Revolving LOC
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans receivable	1,284,515	914,113
Less: allowance for losses	(78,815)	(68,140)
Loans receivable, net	1,205,700	845,973
Total revenue	345,813	294,591	$ 249,502
Consumer Portfolio Segment | Revolving LOC | Current loans receivable
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans receivable	1,194,554	843,379
Consumer Portfolio Segment | Revolving LOC | 1-30 days past-due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans receivable	46,956	35,657
Consumer Portfolio Segment | Revolving LOC | Total delinquent loans receivable
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans receivable	43,005	35,077
Consumer Portfolio Segment | Installment Company Owned
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans receivable	803,318	634,205
Less: allowance for losses	(43,213)	(19,420)
Loans receivable, net	760,105	614,785
Consumer Portfolio Segment | Installment Company Owned | Current loans receivable
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans receivable	649,262	512,207
Consumer Portfolio Segment | Installment Company Owned | 1-30 days past-due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans receivable	76,709	58,373
Consumer Portfolio Segment | Installment Company Owned | Total delinquent loans receivable
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans receivable	77,347	63,625
Consumer Portfolio Segment | Single-Pay
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans receivable		42,500
Consumer Portfolio Segment | Single-Pay | Canada
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans receivable	$ 12,700	$ 11,300

LOANS RECEIVABLE AND REVENUE _3

LOANS RECEIVABLE AND REVENUE - Delinquent Loans - Aging Analysis (Details) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans receivable	$ 2,087,833	$ 1,548,318
Less: allowance for losses	(122,028)	(87,560)
Loans receivable, net	1,965,805	1,460,758
Consumer Portfolio Segment
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans receivable	2,087,833	1,548,318
Less: allowance for losses	(122,028)	(87,560)
Loans receivable, net	1,965,805	1,460,758
Consumer Portfolio Segment | Total delinquent loans receivable
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans receivable	120,352	98,702
Consumer Portfolio Segment | 1-30 days past-due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans receivable	123,665	94,030
Consumer Portfolio Segment | 31-60 days past-due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans receivable	39,157	36,637
Consumer Portfolio Segment | 61-90 days past-due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans receivable	26,333	30,543
Consumer Portfolio Segment | 91 + days past-due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans receivable	54,862	31,522
Consumer Portfolio Segment | Current loans receivable
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans receivable	1,843,816	1,355,586
Consumer Portfolio Segment | Revolving LOC
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans receivable	1,284,515	914,113
Less: allowance for losses	(78,815)	(68,140)
Loans receivable, net	1,205,700	845,973
Consumer Portfolio Segment | Revolving LOC | Total delinquent loans receivable
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans receivable	43,005	35,077
Consumer Portfolio Segment | Revolving LOC | 1-30 days past-due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans receivable	46,956	35,657
Consumer Portfolio Segment | Revolving LOC | 31-60 days past-due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans receivable	17,677	15,452
Consumer Portfolio Segment | Revolving LOC | 61-90 days past-due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans receivable	12,190	13,397
Consumer Portfolio Segment | Revolving LOC | 91 + days past-due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans receivable	13,138	6,228
Consumer Portfolio Segment | Revolving LOC | Current loans receivable
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans receivable	1,194,554	843,379
Consumer Portfolio Segment | Installment Company Owned
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans receivable	803,318	634,205
Less: allowance for losses	(43,213)	(19,420)
Loans receivable, net	760,105	614,785
Consumer Portfolio Segment | Installment Company Owned | Total delinquent loans receivable
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans receivable	77,347	63,625
Consumer Portfolio Segment | Installment Company Owned | 1-30 days past-due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans receivable	76,709	58,373
Consumer Portfolio Segment | Installment Company Owned | 31-60 days past-due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans receivable	21,480	21,185
Consumer Portfolio Segment | Installment Company Owned | 61-90 days past-due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans receivable	14,143	17,146
Consumer Portfolio Segment | Installment Company Owned | 91 + days past-due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans receivable	41,724	25,294
Consumer Portfolio Segment | Installment Company Owned | Current loans receivable
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans receivable	$ 649,262	$ 512,207

LOANS RECEIVABLE AND REVENUE _4

LOANS RECEIVABLE AND REVENUE - Loans Receivable by Product, Credit Services Organization (Details) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Accounts, Notes, Loans and Financing Receivable [Line Items]
Less: Liability for losses on CSO lender-owned consumer loans	$ 0	$ (6,908)
Consumer Portfolio Segment
Accounts, Notes, Loans and Financing Receivable [Line Items]
Current loans receivable Guaranteed by the Company		38,102
Total loans receivable Guaranteed by the Company		46,317
Less: Liability for losses on CSO lender-owned consumer loans	$ 0	(6,908)	$ (7,228)
Loans receivable Guaranteed by the Company, net		39,409
Consumer Portfolio Segment | Total delinquent loans receivable
Accounts, Notes, Loans and Financing Receivable [Line Items]
Delinquent loans receivable Guaranteed by the Company		1,420
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

LOANS RECEIVABLE AND REVENUE _5

LOANS RECEIVABLE AND REVENUE - Delinquent Loans, Credit Services Organization - Aging Analysis (Details) - Consumer Portfolio Segment $ in Thousands	Dec. 31, 2021 USD ($)
Total delinquent loans receivable
Accounts, Notes, Loans and Financing Receivable [Line Items]
Delinquent loans receivable	$ 1,420
31-60 days past-due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Delinquent loans receivable	1,031
61-90 days past-due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Delinquent loans receivable	285
91 + days past-due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Delinquent loans receivable	$ 104

LOANS RECEIVABLE AND REVENUE _6

LOANS RECEIVABLE AND REVENUE - Allowance For Doubtful Accounts - CSO Guarantee Liability (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Allowance for loan losses:
Provision for losses	$ 400,325	$ 245,668	$ 288,811
Liability for losses on CSO lender-owned consumer loans:
Liability for losses on CSO lender-owned consumer loans, balance, beginning of period	6,908
Liability for losses on CSO lender-owned consumer loans, balance, end of period	0	6,908
Consumer Portfolio Segment
Allowance for loan losses:
Allowance for loan losses, balance, beginning of period	87,560	86,162
Charge-offs	(395,227)	(310,472)
Recoveries	114,410	138,411
Net charge-offs	(280,817)	(172,061)
Provision for losses	350,266	174,324
Divestiture	(27,246)
Effect of foreign currency translation	(7,735)	(865)
Allowance for loan losses, balance, end of period	122,028	87,560	86,162
Liability for losses on CSO lender-owned consumer loans:
Liability for losses on CSO lender-owned consumer loans, balance, beginning of period	6,908	7,228
Decrease in liability	(1,280)	(320)
Divestiture	(5,628)
Liability for losses on CSO lender-owned consumer loans, balance, end of period	0	6,908	7,228
Consumer Portfolio Segment | Revolving LOC
Allowance for loan losses:
Allowance for loan losses, balance, beginning of period	68,140	51,958
Charge-offs	(162,587)	(114,827)
Recoveries	27,976	29,454
Net charge-offs	(134,611)	(85,373)
Provision for losses	166,414	102,457
Divestiture	(13,555)
Effect of foreign currency translation	(7,573)	(902)
Allowance for loan losses, balance, end of period	78,815	68,140	51,958
Liability for losses on CSO lender-owned consumer loans:
Liability for losses on CSO lender-owned consumer loans, balance, beginning of period	0	0
Decrease in liability	0	0
Divestiture	0
Liability for losses on CSO lender-owned consumer loans, balance, end of period	0	0	0
Consumer Portfolio Segment | Installment
Allowance for loan losses:
Allowance for loan losses, balance, beginning of period	19,420	34,204
Charge-offs	(221,197)	(191,734)
Recoveries	85,033	107,147
Net charge-offs	(136,164)	(84,587)
Provision for losses	173,810	69,766
Divestiture	(13,691)
Effect of foreign currency translation	(162)	37
Allowance for loan losses, balance, end of period	43,213	19,420	34,204
Liability for losses on CSO lender-owned consumer loans:
Liability for losses on CSO lender-owned consumer loans, balance, beginning of period	6,908	7,228
Decrease in liability	(1,280)	(320)
Divestiture	(5,628)
Liability for losses on CSO lender-owned consumer loans, balance, end of period	0	6,908	7,228
Consumer Portfolio Segment | Other
Allowance for loan losses:
Allowance for loan losses, balance, beginning of period	0	0
Charge-offs	(11,443)	(3,911)
Recoveries	1,401	1,810
Net charge-offs	(10,042)	(2,101)
Provision for losses	10,042	2,101
Divestiture	0
Effect of foreign currency translation	0	0
Allowance for loan losses, balance, end of period	0	0	0
Liability for losses on CSO lender-owned consumer loans:
Liability for losses on CSO lender-owned consumer loans, balance, beginning of period	0	0
Decrease in liability	0	0
Divestiture	0
Liability for losses on CSO lender-owned consumer loans, balance, end of period	$ 0	$ 0	$ 0

LOANS RECEIVABLE AND REVENUE _7

LOANS RECEIVABLE AND REVENUE - TDR Loans Receivable (Details) - Consumer Portfolio Segment - Credit Services Organization Programs - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Financing Receivable, Troubled Debt Restructuring [Line Items]
Total TDR gross receivables	$ 12,804	$ 16,646
Less: Impairment included in the allowance for loan losses	(2,691)	(3,632)
Less: Additional allowance	(660)	(2,212)
Outstanding TDR receivables, net of impairment	9,453	10,802
Current TDR gross receivables
Financing Receivable, Troubled Debt Restructuring [Line Items]
Current TDR gross receivables	10,169	11,580
Delinquent TDR gross receivables
Financing Receivable, Troubled Debt Restructuring [Line Items]
Delinquent TDR gross receivables	$ 2,635	$ 5,066

LOANS RECEIVABLE AND REVENUE _8

LOANS RECEIVABLE AND REVENUE - New Loans Modified and Classified as TDRs (Details) - Consumer Portfolio Segment - Credit Services Organization Programs - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Financing Receivable, Troubled Debt Restructuring [Line Items]
Pre-modification TDR loans receivable	$ 9,030	$ 16,255	$ 38,930
Post-modification TDR loans receivable	8,702	14,538	34,252
Total concessions included in gross charge-offs	$ 328	$ 1,717	$ 4,678

LOANS RECEIVABLE AND REVENUE _9

LOANS RECEIVABLE AND REVENUE - Outstanding TDR Loans Receivable and Interest Income (Details) - Credit Services Organization Programs - Consumer Portfolio Segment $ in Thousands	12 Months Ended
	Dec. 31, 2022 USD ($) loan	Dec. 31, 2021 USD ($) loan	Dec. 31, 2020 USD ($) loan
Financing Receivable, Troubled Debt Restructuring [Line Items]
Average outstanding TDR loans receivable	$ 11,065	$ 18,259	$ 20,631
Interest income recognized	$ 5,320	$ 18,328	$ 17,074
Number of TDR loans | loan	3,531	11,693	27,082

LOANS RECEIVABLE AND REVENUE_10

LOANS RECEIVABLE AND REVENUE - Narrative (Details) - Consumer Portfolio Segment - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Credit Services Organization Programs
Financing Receivable, Troubled Debt Restructuring [Line Items]
TDRs that were charged off	$ 5.4	$ 14
Installment [Member]
Financing Receivable, Troubled Debt Restructuring [Line Items]
Loans classified as nonaccrual	54.6	41.4
Revolving LOC
Financing Receivable, Troubled Debt Restructuring [Line Items]
Loans classified as nonaccrual	5.3	$ 5.9
Open-End | Credit Services Organization Programs
Financing Receivable, Troubled Debt Restructuring [Line Items]
Commitment to lend additional funds	$ 1.4

VARIABLE INTEREST ENTITIES - Ca

VARIABLE INTEREST ENTITIES - Carrying Amounts of Consolidated VIE Assets and Liabilities (Details) $ in Thousands	Dec. 31, 2022 USD ($) facility	Dec. 31, 2021 USD ($)	Dec. 31, 2020 USD ($)
Variable Interest Entity [Line Items]
Number of credit facilities held | facility	5
Assets
Restricted cash	$ 91,745	$ 98,896	$ 54,765
Loans receivable, net	1,965,805	1,460,758
Prepaid expenses and other	53,057	42,038
Deferred tax assets	49,893	15,639
Total Assets	2,789,193	2,460,596
Liabilities
Accounts payable and accrued liabilities	73,827	121,434
Deferred revenue	32,259	21,649
Deferred tax liability	0	6,044
Accrued interest	38,460	34,974
Debt, net	2,607,314	1,945,793
Total Liabilities	$ 2,843,327	2,300,266
Variable Interest Entity
Variable Interest Entity [Line Items]
Number of credit facilities held | facility	5
Assets
Restricted cash	$ 52,277	57,155
Loans receivable, net	1,855,824	1,228,088
Prepaid expenses and other	12,908	0
Deferred tax assets	17,027	0
Total Assets	1,938,036	1,285,243
Liabilities
Accounts payable and accrued liabilities	13,571	9,886
Deferred revenue	31	106
Deferred tax liability	0	269
Accrued interest	7,023	3,279
Income taxes payable	7,850	0
Debt, net	1,589,380	965,072
Total Liabilities	$ 1,617,855	$ 978,612

GOODWILL AND INTANGIBLES - Sche

GOODWILL AND INTANGIBLES - Schedule of Goodwill (Details) - USD ($) $ in Thousands		12 Months Ended
	Jul. 13, 2022	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Goodwill [Roll Forward]
Goodwill, beginning balance		$ 429,792	$ 136,091
Foreign currency translation		(4,341)	(579)
Measurement period adjustment		11,825	(4,478)
Divestiture (Note 14)		(91,131)
Acquisition (Note 14)		75,365	298,758
Goodwill impairment		(145,241)	0	$ 0
Goodwill, ending Balance		276,269	429,792	136,091
U.S. Direct Lending
Goodwill [Roll Forward]
Goodwill, beginning balance		359,779	105,922
Foreign currency translation		0	0
Measurement period adjustment		11,825	0
Divestiture (Note 14)		(91,131)
Acquisition (Note 14)	$ 75,400	75,365	253,857
Goodwill impairment		(107,827)
Goodwill, ending Balance		248,011	359,779	105,922
Canada Direct Lending
Goodwill [Roll Forward]
Goodwill, beginning balance		30,105	30,169
Foreign currency translation		(1,847)	(64)
Measurement period adjustment		0	0
Divestiture (Note 14)		0
Acquisition (Note 14)		0	0
Goodwill impairment		0
Goodwill, ending Balance		28,258	30,105	30,169
Canada POS Lending
Goodwill [Roll Forward]
Goodwill, beginning balance		39,908	0
Foreign currency translation		(2,494)	(515)
Measurement period adjustment		0	(4,478)
Divestiture (Note 14)		0
Acquisition (Note 14)		0	44,901
Goodwill impairment		(37,414)
Goodwill, ending Balance		$ 0	$ 39,908	$ 0

GOODWILL AND INTANGIBLES - Iden

GOODWILL AND INTANGIBLES - Identifiable Intangible Assets (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Assets subject to amortization
Gross Carrying Amount	$ 168,012	$ 149,041
Accumulated Amortization	(44,335)	(39,111)
Net	$ 123,677	109,930
Merchant relationships
Assets subject to amortization
Weighted-Average Remaining Life (Years)	3 years 3 months 18 days
Gross Carrying Amount	$ 18,265	19,459
Accumulated Amortization	(6,610)	(3,151)
Net	$ 11,655	16,308
Customer relationships
Assets subject to amortization
Weighted-Average Remaining Life (Years)	2 years 4 months 24 days
Gross Carrying Amount	$ 18,005	20,285
Accumulated Amortization	(5,957)	(10,295)
Net	$ 12,048	9,990
Computer software
Assets subject to amortization
Weighted-Average Remaining Life (Years)	5 years 4 months 24 days
Gross Carrying Amount	$ 101,899	81,844
Accumulated Amortization	(30,833)	(25,453)
Net	$ 71,066	56,391
Trade name
Assets subject to amortization
Weighted-Average Remaining Life (Years)	11 years 7 months 6 days
Gross Carrying Amount	$ 8,411	4,621
Accumulated Amortization	(935)	(212)
Net	7,476	4,409
Software Development
Assets subject to amortization
Gross Carrying Amount	60,600	44,700
Trade name
Assets not subject to amortization
Gross Carrying Amount	$ 21,432	$ 22,832

GOODWILL AND INTANGIBLES - Esti

GOODWILL AND INTANGIBLES - Estimated Future Amortization Expense (Details) $ in Thousands	Dec. 31, 2022 USD ($)
Goodwill and Intangible Assets Disclosure [Abstract]
2023	$ 23,817
2024	21,859
2025	16,947
2026	6,158
2027	$ 4,252

GOODWILL AND INTANGIBLES - Narr

GOODWILL AND INTANGIBLES - Narrative (Details) $ in Thousands						3 Months Ended		9 Months Ended	10 Months Ended	12 Months Ended
	Jul. 13, 2022 USD ($)	Jul. 08, 2022 USD ($)	May 18, 2022 USD ($)	Dec. 27, 2021 USD ($)	Mar. 10, 2021 USD ($)	Dec. 31, 2022 USD ($) Unit	Sep. 30, 2022 USD ($)	Sep. 30, 2022 USD ($)	Dec. 31, 2021 USD ($)	Dec. 31, 2022 USD ($)	Dec. 31, 2022 USD ($)	Dec. 31, 2021 USD ($)	Dec. 31, 2020 USD ($)
Finite-Lived Intangible Assets [Line Items]
Number of reporting units | Unit						3
Goodwill impairment											$ 145,241	$ 0	$ 0
Goodwill						$ 276,269			$ 429,792	$ 276,269	276,269	429,792	136,091
Measurement period adjustment											(11,825)	4,478
Foreign currency translation											4,341	579
Provisional goodwill											75,365	298,758
Total proceeds											288,980	0	0
Gain on sale of business							$ 68,400	$ 68,400			68,443	0	0
Amortization expense											22,800	13,800	3,000
Discontinued Operations, Disposed of by Sale | U.S. Legacy Direct Lending Business
Finite-Lived Intangible Assets [Line Items]
Additional proceeds from divestiture of businesses		$ 35,000
Total proceeds		349,207
Cash received at close of divestiture of business		314,200
Gain on sale of business		$ 68,444					$ 68,400	$ 68,400			$ 68,400
Minimum
Finite-Lived Intangible Assets [Line Items]
Intangible asset, useful life											3 years
Minimum | Customer relationships and computer software
Finite-Lived Intangible Assets [Line Items]
Intangible asset, useful life											1 year
Maximum
Finite-Lived Intangible Assets [Line Items]
Intangible asset, useful life											10 years
Maximum | Customer relationships and computer software
Finite-Lived Intangible Assets [Line Items]
Intangible asset, useful life											15 years
Cash Money Trade Name
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount						21,400				21,400	$ 21,400
Canada POS Lending
Finite-Lived Intangible Assets [Line Items]
Goodwill impairment											37,414
Goodwill						0			39,908	0	0	39,908	0
Measurement period adjustment											0	4,478
Foreign currency translation											2,494	515
Provisional goodwill											0	44,901
U.S. Direct Lending
Finite-Lived Intangible Assets [Line Items]
Goodwill impairment											107,827
Goodwill						248,011			359,779	248,011	248,011	359,779	$ 105,922
Measurement period adjustment											(11,825)	0
Foreign currency translation											0	0
Provisional goodwill	$ 75,400										75,365	253,857
Goodwill written off											91,100
Flexiti
Finite-Lived Intangible Assets [Line Items]
Goodwill					$ 44,901	40,400			40,421	40,400	40,400	40,421
Measurement period adjustment									4,480			(4,500)
Total cash consideration transferred					$ 122,500
Flexiti | Canada POS Lending
Finite-Lived Intangible Assets [Line Items]
Goodwill									$ 39,900			39,900
Measurement period adjustment												4,500
Foreign currency translation												$ 500
Heights SPV
Finite-Lived Intangible Assets [Line Items]
Goodwill				$ 253,857		265,682				265,682	265,682
Measurement period adjustment						(3,500)				11,825	(11,800)
Total cash consideration transferred				360,000
Heights SPV | U.S. Direct Lending
Finite-Lived Intangible Assets [Line Items]
Provisional goodwill				$ 253,900
First Heritage SPV
Finite-Lived Intangible Assets [Line Items]
Goodwill	75,365
Total cash consideration transferred	$ 140,000		$ 140,000
Heights Finance | U.S. Direct Lending
Finite-Lived Intangible Assets [Line Items]
Goodwill						$ 265,700				$ 265,700	$ 265,700

FAIR VALUE MEASUREMENTS - Narra

FAIR VALUE MEASUREMENTS - Narrative (Details) $ in Thousands, shares in Millions			1 Months Ended	3 Months Ended				12 Months Ended
	Jun. 09, 2021 USD ($) boardSeat shares	Jun. 01, 2021	Jul. 31, 2022 USD ($)	Dec. 31, 2022 USD ($)	Dec. 31, 2021 USD ($) shares	Jun. 30, 2021 USD ($)	Mar. 31, 2021 USD ($)	Dec. 31, 2022 USD ($)	Dec. 31, 2021 USD ($)	Dec. 31, 2020 USD ($)	Mar. 10, 2021 USD ($)
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Contingent consideration related to acquisition				$ 16,884	$ 26,508		$ 20,600	$ 16,884	$ 26,508
Gain from equity method investment								0	135,387	$ 0
Number of seats held | boardSeat	2
Total number of seats | boardSeat	8
Equity Method Investment
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Equity method income (loss)								$ (3,985)	$ 3,658	4,546
Katapult
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Additional shares acquired | shares					2.6
Purchase of additional securities					$ 10,000
Cash received from equity method investment	$ 146,900
Sale of stock, number of shares issued in transaction (in shares) | shares	18.9
Gain from equity method investment						$ 135,400
Earn-out warrants received from merger (in shares) | shares	3
Ownership percentage				19.50%				19.50%
Ownership percentage excluding earn out shares				0.182				0.182
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					2 months
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%	7.50%
Fair Value, Measurements, Nonrecurring | Equity Method Investment
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Equity method income (loss)				$ (1,900)				$ (3,985)	$ 3,658	4,546
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				$ 16,900				16,900			$ 20,600
First payment to acquire business			$ 1,000						$ 91,203	$ 0

FAIR VALUE MEASUREMENTS - Summa

FAIR VALUE MEASUREMENTS - Summary of Assets and Liabilities Carried at Fair Value (Details) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021	Mar. 31, 2021
Financial liabilities:
Contingent consideration related to acquisition	$ 16,884	$ 26,508	$ 20,600
Derivative Asset, Statement of Financial Position [Extensible Enumeration]	Other assets
Fair Value, Measurements, Recurring | Reported Value Measurement
Financial assets:
Cash Surrender Value of Life Insurance	$ 7,591	8,242
Interest rate swap	7,458
Financial liabilities:
Non-qualified deferred compensation plan	5,149	5,109
Contingent consideration related to acquisition	16,884	26,508
Fair Value, Measurements, Recurring | Estimated Fair Value
Financial assets:
Cash Surrender Value of Life Insurance	7,591	8,242
Interest rate swap	7,458
Financial liabilities:
Non-qualified deferred compensation plan	5,149	5,109
Contingent consideration related to acquisition	16,884	26,508
Fair Value, Measurements, Recurring | Estimated Fair Value | Level 1
Financial assets:
Cash Surrender Value of Life Insurance	7,591	8,242
Interest rate swap	0
Financial liabilities:
Non-qualified deferred compensation plan	5,149	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
Interest rate swap	7,458
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
Interest rate swap	0
Financial liabilities:
Non-qualified deferred compensation plan	0	0
Contingent consideration related to acquisition	$ 16,884	$ 26,508

FAIR VALUE MEASUREMENTS - Sum_2

FAIR VALUE MEASUREMENTS - Summary of Assets and Liabilities Not Carried at Fair Value (Details) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Financial assets:
Restricted cash	$ 91,745	$ 98,896	$ 54,765
Senior Secured Notes | Senior Notes
Financial liabilities:
Stated interest rate (as percent)	7.50%	7.50%
Fair Value, Measurements, Nonrecurring | Reported Value Measurement
Financial assets:
Cash and cash equivalents	$ 73,932	$ 63,179
Restricted cash	91,745	98,896
Loans receivable	1,965,805	1,460,758
Balance, ending period	23,915	27,900
Financial liabilities:
Liability for losses on CSO lender-owned consumer loans		6,908
Fair Value, Measurements, Nonrecurring | Reported Value Measurement | Senior Secured Notes | Senior Notes
Financial liabilities:
Debt	982,934	980,721
Fair Value, Measurements, Nonrecurring | Reported Value Measurement | U.S. SPV
Financial liabilities:
Debt		45,392
Fair Value, Measurements, Nonrecurring | Reported Value Measurement | Heights SPV
Financial liabilities:
Debt	393,181
Fair Value, Measurements, Nonrecurring | Reported Value Measurement | First Heritage SPV
Financial liabilities:
Debt	178,622
Fair Value, Measurements, Nonrecurring | Reported Value Measurement | Canada SPV
Financial liabilities:
Debt	292,872	157,813
Fair Value, Measurements, Nonrecurring | Reported Value Measurement | Flexiti SPV
Financial liabilities:
Debt	339,651	172,739
Fair Value, Measurements, Nonrecurring | Reported Value Measurement | Flexiti Securitization
Financial liabilities:
Debt	385,054	239,128
Fair Value, Measurements, Nonrecurring | Reported Value Measurement | Heights Finance SPV
Financial liabilities:
Debt		350,000
Fair Value, Measurements, Nonrecurring | Estimated Fair Value
Financial assets:
Cash and cash equivalents	73,932	63,179
Restricted cash	91,745	98,896
Loans receivable	1,965,805	1,460,758
Balance, ending period	20,624	72,627
Financial liabilities:
Liability for losses on CSO lender-owned consumer loans		6,908
Fair Value, Measurements, Nonrecurring | Estimated Fair Value | Senior Secured Notes | Senior Notes
Financial liabilities:
Debt	466,500	1,005,700
Fair Value, Measurements, Nonrecurring | Estimated Fair Value | U.S. SPV
Financial liabilities:
Debt		49,456
Fair Value, Measurements, Nonrecurring | Estimated Fair Value | Heights SPV
Financial liabilities:
Debt	393,181
Fair Value, Measurements, Nonrecurring | Estimated Fair Value | Canada SPV
Financial liabilities:
Debt	294,594	160,533
Fair Value, Measurements, Nonrecurring | Estimated Fair Value | Flexiti SPV
Financial liabilities:
Debt	343,565	176,625
Fair Value, Measurements, Nonrecurring | Estimated Fair Value | Flexiti Securitization
Financial liabilities:
Debt	387,759	242,886
Fair Value, Measurements, Nonrecurring | Estimated Fair Value | Heights Finance SPV
Financial liabilities:
Debt		350,000
Fair Value, Measurements, Nonrecurring | Estimated Fair Value | Level 1
Financial assets:
Cash and cash equivalents	73,932	63,179
Restricted cash	91,745	98,896
Loans receivable	0	0
Balance, ending period	20,624	72,627
Financial liabilities:
Liability for losses on CSO lender-owned consumer loans		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
Fair Value, Measurements, Nonrecurring | Estimated Fair Value | Level 1 | Heights SPV
Financial liabilities:
Debt	0
Fair Value, Measurements, Nonrecurring | Estimated Fair Value | Level 1 | First Heritage SPV
Financial liabilities:
Debt	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 SPV
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
Fair Value, Measurements, Nonrecurring | Estimated Fair Value | Level 2
Financial assets:
Cash and cash equivalents	0	0
Restricted cash	0	0
Loans receivable	0	0
Balance, ending period	0	0
Financial liabilities:
Liability for losses on CSO lender-owned consumer loans		0
Fair Value, Measurements, Nonrecurring | Estimated Fair Value | Level 2 | Senior Secured Notes | Senior Notes
Financial liabilities:
Debt	466,500	1,005,700
Fair Value, Measurements, Nonrecurring | Estimated Fair Value | Level 2 | U.S. SPV
Financial liabilities:
Debt		0
Fair Value, Measurements, Nonrecurring | Estimated Fair Value | Level 2 | Heights SPV
Financial liabilities:
Debt	0
Fair Value, Measurements, Nonrecurring | Estimated Fair Value | Level 2 | First Heritage SPV
Financial liabilities:
Debt	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 SPV
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
Fair Value, Measurements, Nonrecurring | Estimated Fair Value | Level 3
Financial assets:
Cash and cash equivalents	0	0
Restricted cash	0	0
Loans receivable	1,965,805	1,460,758
Balance, ending period	0	0
Financial liabilities:
Liability for losses on CSO lender-owned consumer loans		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
Fair Value, Measurements, Nonrecurring | Estimated Fair Value | Level 3 | Heights SPV
Financial liabilities:
Debt	393,181
Fair Value, Measurements, Nonrecurring | Estimated Fair Value | Level 3 | First Heritage SPV
Financial liabilities:
Debt	182,751
Fair Value, Measurements, Nonrecurring | Estimated Fair Value | Level 3 | Canada SPV
Financial liabilities:
Debt	294,594	160,533
Fair Value, Measurements, Nonrecurring | Estimated Fair Value | Level 3 | Flexiti SPV
Financial liabilities:
Debt	343,565	176,625
Fair Value, Measurements, Nonrecurring | Estimated Fair Value | Level 3 | Flexiti Securitization
Financial liabilities:
Debt	$ 387,759	242,886
Fair Value, Measurements, Nonrecurring | Estimated Fair Value | Level 3 | Heights Finance SPV
Financial liabilities:
Debt		$ 350,000

FAIR VALUE MEASUREMENTS - Inves

FAIR VALUE MEASUREMENTS - Investment in Katapult (Details) - USD ($) $ in Thousands, shares in Millions		3 Months Ended		12 Months Ended
	Jun. 09, 2021	Dec. 31, 2022	Jun. 30, 2021	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Gain from equity method investment				$ 0	$ 135,387	$ 0
Katapult
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Proceeds from Katapult	$ 146,900
Sale of stock, number of shares issued in transaction (in shares)	18.9
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	27,371	10,068
Equity method income (loss)				(3,985)	3,658	4,546
Accounting policy change for certain securities from equity method investment to measurement alternative						0
Conversion of investment					(13,128)
Ending balance		$ 23,915		23,915	27,900	27,371
Equity Method Investment | Common Stock Warrants and Preferred Shares
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Purchases						11,187
Equity Method Investment | Common Stock
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Purchases					9,999	1,570
Equity Method Investment | Fair Value, Measurements, Nonrecurring
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Beginning balance				27,900	7,762	10,068
Equity method income (loss)		(1,900)		(3,985)	3,658	4,546
Accounting policy change for certain securities from equity method investment to measurement alternative						(12,452)
Conversion of investment					6,481
Ending balance		23,915		23,915	27,900	7,762
Equity Method Investment | Fair Value, Measurements, Nonrecurring | Common Stock Warrants and Preferred Shares
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Purchases						4,030
Equity Method Investment | Fair Value, Measurements, Nonrecurring | Common Stock
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Purchases					9,999	1,570
Equity Method Investment | Fair Value, Measurements, Recurring
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Beginning balance				0	19,609	0
Equity method income (loss)				0	0	0
Accounting policy change for certain securities from equity method investment to measurement alternative						12,452
Conversion of investment					(19,609)
Ending balance		$ 0		$ 0	0	19,609
Equity Method Investment | Fair Value, Measurements, Recurring | Common Stock Warrants and Preferred Shares
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Purchases						7,157
Equity Method Investment | Fair Value, Measurements, Recurring | Common Stock
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Purchases					$ 0	$ 0

DEBT - Schedule of Long Term De

DEBT - Schedule of Long Term Debt (Details) $ in Thousands, $ in Thousands

1 Months Ended

12 Months Ended

Apr. 30, 2020 CAD ($)

Dec. 31, 2019

Dec. 31, 2022 USD ($)

Dec. 31, 2022 CAD ($)

Dec. 21, 2022 CAD ($)

Dec. 20, 2022 CAD ($)

Oct. 11, 2022 CAD ($)

Sep. 29, 2022 CAD ($)

Sep. 28, 2022 CAD ($)

Jul. 15, 2022 USD ($)

Jul. 07, 2022 CAD ($)

Dec. 31, 2021 USD ($)

Dec. 31, 2021 CAD ($)

Sep. 30, 2021

Jul. 31, 2021 USD ($)

Aug. 31, 2018 CAD ($)

Debt Instrument [Line Items]

Total funding debt

$ 2,644,427

Less: debt issuance costs

(37,113)

$ (33,707)

Total Debt

$ 2,607,314

$ 1,945,793

Exchange rate

0.7365

0.7365

0.7846

0.7846

Heights SPV | Secured Overnight Financing Rate (SOFR) Overnight Index Swap Rate

Debt Instrument [Line Items]

Basis spread (as percent)

4.25%

First Heritage SPV | Secured Overnight Financing Rate (SOFR) Overnight Index Swap Rate

Debt Instrument [Line Items]

Basis spread (as percent)

4.25%

Flexiti SPV

Debt Instrument [Line Items]

Weighted average interest rate

8.33%

8.33%

Flexiti Securitization

Debt Instrument [Line Items]

Maximum effective interest rate (as percent)

7.09%

Flexiti Securitization | Canadian Dollar Offered Rate (CDOR)

Debt Instrument [Line Items]

Basis spread (as percent)

3.59%

Canada SPV | Canadian Dollar Offered Rate (CDOR)

Debt Instrument [Line Items]

Basis spread (as percent)

6%

Heights Finance SPV | Basis Spread Scenario One | London Interbank Offered Rate (LIBOR)

Debt Instrument [Line Items]

Basis spread (as percent)

5.25%

5.25%

U.S. SPV | Basis Spread Scenario One | London Interbank Offered Rate (LIBOR)

Debt Instrument [Line Items]

Basis spread (as percent)

6.25%

6.25%

Curo Canada Revolving Credit Facility | Prime Rate

Debt Instrument [Line Items]

Basis spread (as percent)

1.95%

Senior Revolver | Secured Overnight Financing Rate (SOFR) Overnight Index Swap Rate

Debt Instrument [Line Items]

Basis spread (as percent)

5%

Senior Revolver | London Interbank Offered Rate (LIBOR)

Debt Instrument [Line Items]

Basis spread (as percent)

5%

Revolving Credit Facility | Flexiti SPV

Debt Instrument [Line Items]

Borrowing Capacity

$ 390,000

$ 535,000

$ 500,000

Revolving Credit Facility | Flexiti Securitization

Debt Instrument [Line Items]

Borrowing Capacity

$ 526,500

Revolving Credit Facility | Canada SPV

Debt Instrument [Line Items]

Borrowing Capacity

$ 400,000

Revolving Credit Facility | Heights Finance SPV

Debt Instrument [Line Items]

Borrowing Capacity

$ 350,000

Revolving Credit Facility | U.S. SPV

Debt Instrument [Line Items]

Borrowing Capacity

$ 200,000

Revolving Credit Facility | Curo Canada Revolving Credit Facility

Debt Instrument [Line Items]

Borrowing Capacity

$ 10,000

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%

7.50%

Total funding debt

$ 1,000,000

$ 1,000,000

Less: debt issuance costs

$ (17,100)

Corporate Debt

Debt Instrument [Line Items]

Total funding debt

1,000,000

1,000,000

Line of Credit | Revolving Credit Facility | Heights SPV

Debt Instrument [Line Items]

Borrowing Capacity

425,000

Total funding debt

400,758

0

Line of Credit | Revolving Credit Facility | First Heritage SPV

Debt Instrument [Line Items]

Borrowing Capacity

225,000

Total funding debt

182,751

0

Line of Credit | Revolving Credit Facility | Flexiti SPV

Debt Instrument [Line Items]

Borrowing Capacity

$ 535,000

Total funding debt

343,565

176,625

Line of Credit | Revolving Credit Facility | Flexiti Securitization

Debt Instrument [Line Items]

Borrowing Capacity

526,500

$ 526,500

Total funding debt

387,759

242,886

Line of Credit | Revolving Credit Facility | Canada SPV

Debt Instrument [Line Items]

Borrowing Capacity

400,000

$ 175,000

Total funding debt

294,594

160,533

Line of Credit | Revolving Credit Facility | Heights Finance SPV

Debt Instrument [Line Items]

Borrowing Capacity

350,000

$ 425,000

Total funding debt

0

350,000

Line of Credit | Revolving Credit Facility | U.S. SPV

Debt Instrument [Line Items]

Borrowing Capacity

200,000

Total funding debt

0

$ 49,456

Line of Credit | Revolving Credit Facility | Curo Canada Revolving Credit Facility

Debt Instrument [Line Items]

Borrowing Capacity

$ 5,000

$ 5,000

$ 10,000

Total funding debt

0

0

Line of Credit | Revolving Credit Facility | Senior Revolver

Debt Instrument [Line Items]

Borrowing Capacity

40,000

Total funding debt

35,000

0

Funding Debt

Debt Instrument [Line Items]

Total funding debt

$ 1,644,427

$ 979,500

DEBT - Senior Secured Notes (De

DEBT - Senior Secured Notes (Details) $ in Thousands		3 Months Ended	12 Months Ended
	Jul. 15, 2022 USD ($)	Sep. 30, 2021 USD ($)	Dec. 31, 2022 USD ($) facility	Dec. 31, 2021 USD ($)	Dec. 31, 2020 USD ($)	Jul. 31, 2021 USD ($)	Aug. 31, 2018 USD ($)
Line of Credit Facility [Line Items]
Capitalized financing costs			$ 37,113	$ 33,707
Loss on extinguishment of debt	$ 600		$ 4,391	$ 40,206	$ 0
Number of credit facilities held | facility			5
Senior Notes | Senior Secured Notes Due 2028
Line of Credit Facility [Line Items]
Stated interest rate (as percent)		7.50%	7.50%	7.50%		7.50%
Debt instrument, face amount				$ 250,000		$ 750,000
Capitalized financing costs						$ 17,100
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
Loss on extinguishment of debt		$ 40,200

DEBT - Heights SPV (Details)

DEBT - Heights SPV (Details) - Heights SPV - Line of Credit - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2022	Jul. 15, 2022
Debt Instrument [Line Items]
Commitment fee (as percent)	0.50%
Revolving Credit Facility
Debt Instrument [Line Items]
Borrowing Capacity		$ 425
Revolving Credit Facility | Secured Overnight Financing Rate (SOFR) Overnight Index Swap Rate
Debt Instrument [Line Items]
Maximum effective interest rate (as percent)		4.25%

DEBT - First Heritage SPV (Deta

DEBT - First Heritage SPV (Details) - First Heritage SPV - Line of Credit - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2022	Jul. 13, 2022
Debt Instrument [Line Items]
Commitment fee (as percent)	0.50%
Revolving Credit Facility
Debt Instrument [Line Items]
Borrowing Capacity		$ 225
Revolving Credit Facility | Secured Overnight Financing Rate (SOFR) Overnight Index Swap Rate
Debt Instrument [Line Items]
Maximum effective interest rate (as percent)		4.25%

DEBT - Flexiti SPV (Details)

DEBT - Flexiti SPV (Details) $ in Thousands, $ in Millions		12 Months Ended
	Jul. 15, 2022 USD ($)	Dec. 31, 2022 USD ($)	Dec. 31, 2021 USD ($)	Dec. 31, 2020 USD ($)	Dec. 31, 2022 CAD ($)	Oct. 11, 2022 CAD ($)	Sep. 29, 2022 CAD ($)	Sep. 28, 2022 CAD ($)
Debt Instrument [Line Items]
Loss on extinguishment of debt	$ 600	$ 4,391	$ 40,206	$ 0
Flexiti SPV
Debt Instrument [Line Items]
Weighted average interest rate					8.33%
Flexiti SPV | Line of Credit
Debt Instrument [Line Items]
Commitment fee (as percent)		0.50%
Loss on extinguishment of debt		$ 700
Revolving Credit Facility | Flexiti SPV
Debt Instrument [Line Items]
Borrowing Capacity						$ 390	$ 535	$ 500
Revolving Credit Facility | Flexiti SPV | Line of Credit
Debt Instrument [Line Items]
Borrowing Capacity					$ 535

DEBT - Flexiti Securitization (

DEBT - Flexiti Securitization (Details) - Flexiti Securitization - CAD ($) $ in Millions	12 Months Ended
	Dec. 31, 2022	Jul. 07, 2022	Dec. 31, 2021
Canadian Dollar Offered Rate (CDOR)
Debt Instrument [Line Items]
Basis spread (as percent)	3.59%
Revolving Credit Facility
Debt Instrument [Line Items]
Borrowing Capacity		$ 526.5
Revolving Credit Facility | Line of Credit
Debt Instrument [Line Items]
Borrowing Capacity	$ 526.5		$ 526.5

DEBT - Canada SPV (Details)

DEBT - Canada SPV (Details) - CAD ($) $ in Millions	12 Months Ended
	Dec. 31, 2022	Mar. 31, 2022	Aug. 31, 2018
Line of Credit Facility [Line Items]
Line of credit facility, maturity, extension term (in years)		3 years
Canada SPV | Canadian Dollar Offered Rate (CDOR)
Line of Credit Facility [Line Items]
Basis spread (as percent)	6%
Canada SPV | Revolving Credit Facility
Line of Credit Facility [Line Items]
Borrowing Capacity	$ 400
Line of Credit | Canada SPV
Line of Credit Facility [Line Items]
Commitment fee (as percent)	0.50%
Line of Credit | Canada SPV | Revolving Credit Facility
Line of Credit Facility [Line Items]
Borrowing Capacity	$ 400		$ 175

DEBT - Heights Finance SPV (Det

DEBT - Heights Finance SPV (Details) - USD ($) $ in Thousands		1 Months Ended	12 Months Ended
	Jul. 15, 2022	Dec. 31, 2019	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Debt Instrument [Line Items]
Loss on extinguishment of debt	$ 600		$ 4,391	$ 40,206	$ 0
Heights Finance SPV | Basis Spread Scenario One | London Interbank Offered Rate (LIBOR)
Debt Instrument [Line Items]
Basis spread (as percent)		5.25%	5.25%
Revolving Credit Facility | Heights Finance SPV
Debt Instrument [Line Items]
Borrowing Capacity			$ 350,000
Revolving Credit Facility | Heights Finance SPV | Line of Credit
Debt Instrument [Line Items]
Borrowing Capacity	$ 425,000		$ 350,000

DEBT - U.S. SPV (Details)

DEBT - U.S. SPV (Details) $ in Thousands, $ in Millions			1 Months Ended	12 Months Ended
	Jul. 15, 2022 USD ($)	Jul. 08, 2022 USD ($)	Apr. 30, 2020 CAD ($)	Dec. 31, 2022 USD ($)	Dec. 31, 2021 USD ($)	Dec. 31, 2020 USD ($)	Dec. 31, 2022 CAD ($)
Debt Instrument [Line Items]
Loss on extinguishment of debt	$ 600			$ 4,391	$ 40,206	$ 0
U.S. SPV | Basis Spread Scenario One | London Interbank Offered Rate (LIBOR)
Debt Instrument [Line Items]
Basis spread (as percent)			6.25%	6.25%
U.S. SPV | Line of Credit
Debt Instrument [Line Items]
Commitment fee (as percent)				0.50%
Revolving Credit Facility | U.S. SPV
Debt Instrument [Line Items]
Borrowing Capacity			$ 200
Loss on extinguishment of debt		$ 3,100
Revolving Credit Facility | U.S. SPV | Line of Credit
Debt Instrument [Line Items]
Borrowing Capacity							$ 200

DEBT - Senior Revolver (Details

DEBT - Senior Revolver (Details) - Senior Revolver $ in Millions	12 Months Ended
	Dec. 31, 2022 USD ($)
London Interbank Offered Rate (LIBOR)
Debt Instrument [Line Items]
Basis spread (as percent)	5%
Line of Credit | Revolving Credit Facility
Debt Instrument [Line Items]
Borrowing Capacity	$ 40
Line of Credit | Letter of Credit
Debt Instrument [Line Items]
Borrowing Capacity	$ 4
Debt instrument, term	1 year

DEBT - Curo Canada Revolving Cr

DEBT - Curo Canada Revolving Credit Facility (Details) - CURO Canada Revolving Credit Facility - CAD ($) $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 21, 2022	Dec. 20, 2022
Prime Rate
Debt Instrument [Line Items]
Basis spread (as percent)	1.95%
Revolving Credit Facility
Debt Instrument [Line Items]
Borrowing Capacity			$ 10
Revolving Credit Facility | Line of Credit
Debt Instrument [Line Items]
Borrowing Capacity	$ 5	$ 5	$ 10

DEBT - Derivative Instruments a

DEBT - Derivative Instruments and Hedging Activities (Details) $ in Millions, $ in Millions	12 Months Ended
	Dec. 31, 2022 USD ($)	Oct. 11, 2022 CAD ($)	Sep. 29, 2022 CAD ($)	Sep. 28, 2022 CAD ($)	Jul. 07, 2022 CAD ($)
Debt Instrument [Line Items]
Derivative Asset, Statement of Financial Position [Extensible Enumeration]	Other assets
Flexiti SPV | Revolving Credit Facility
Debt Instrument [Line Items]
Borrowing Capacity		$ 390	$ 535	$ 500
Interest rate swap, notional amount		$ 390
Flexiti SPV | Interest Rate Swap
Debt Instrument [Line Items]
Gain on interest rate swap	$ 0.6
Flexiti SPV | Interest Rate Swap | Designated as Hedging Instrument
Debt Instrument [Line Items]
Interest rate swap	$ 0.8
Derivative Asset, Statement of Financial Position [Extensible Enumeration]	Other assets
Flexiti Securitization | Revolving Credit Facility
Debt Instrument [Line Items]
Borrowing Capacity					$ 526.5
Interest rate swap, notional amount					$ 526.5
Flexiti Securitization | Interest Rate Swap
Debt Instrument [Line Items]
Gain on interest rate swap	$ 6.6
Flexiti Securitization | Interest Rate Swap | Designated as Hedging Instrument
Debt Instrument [Line Items]
Interest rate swap	$ 6.6
Derivative Asset, Statement of Financial Position [Extensible Enumeration]	Other assets

DEBT - Ranking and Guarantees (

DEBT - Ranking and Guarantees (Details) - Senior Secured Notes Due 2025 - Senior Notes	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Sep. 30, 2021	Aug. 31, 2018
Debt Instrument [Line Items]
Stated interest rate (as percent)		8.25%	8.25%	8.25%
Debt Instrument, Redemption, Period One
Debt Instrument [Line Items]
Redemption price as a percent of principal redeemed (as percent)	40%
Redemption price, percentage (as percent)	107.50%
Debt Instrument, Redemption, Period Two
Debt Instrument [Line Items]
Redemption price, percentage (as percent)	103.80%
Debt Instrument, Redemption, Period Three
Debt Instrument [Line Items]
Redemption price, percentage (as percent)	101.90%
Debt Instrument, Redemption, Period Four
Debt Instrument [Line Items]
Redemption price, percentage (as percent)	100%

DEBT - Future Maturities of Deb

DEBT - Future Maturities of Debt (Details) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Debt Disclosure [Abstract]
2023	$ 35,000
2024	0
2025	1,314,833
2026	294,594
2027	0
Thereafter	1,000,000
Debt (before deferred financing costs and discounts)	2,644,427
Less: deferred financing costs and discounts	37,113
Debt, net	$ 2,607,314	$ 1,945,793

COMMITMENTS AND CONTENGENCIES (

COMMITMENTS AND CONTENGENCIES (Details) $ in Thousands		1 Months Ended	12 Months Ended
	Oct. 27, 2022 USD ($)	Dec. 31, 2020 USD ($)	Dec. 31, 2022 USD ($)	Jul. 31, 2020 lawsuit
Loss Contingencies [Line Items]
Litigation settlement amount		$ 9,000
Insurance retention		$ 2,500
Litigation expense incurred			$ 0
Legal fees paid by insurers	$ 345
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

INCOME TAXES - Income Tax Expen

INCOME TAXES - Income Tax Expense (Benefit) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
(Loss) income before taxes
U.S.	$ (140,463)	$ 86,106	$ 59,741
Non-U.S.	(53,697)	(5,549)	20,602
(Loss) income from continuing operations before taxes	(194,160)	80,557	80,343
Current provision (benefit)
Federal	16,254	21,549	(14,585)
State	3,783	4,553	5,959
Foreign	9,120	13,639	3,925
Current provision (benefit)	29,157	39,741	(4,701)
Deferred tax (benefit) provision
Federal	(19,691)	(5,022)	14,949
State	(1,873)	154	(1,247)
Foreign	(16,271)	(13,650)	(3,106)
Deferred tax (benefit) provision	(37,835)	(18,518)	10,596
(Benefit) provision for income taxes	$ (8,678)	$ 21,223	$ 5,895

INCOME TAXES - Effective Tax Ra

INCOME TAXES - Effective Tax Rate (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Income Tax Disclosure [Abstract]
Income tax (benefit) expense using the statutory federal rate in effect	$ (40,774)	$ 16,917	$ 16,872
Tax effect of:
Effects of foreign rates different than U.S. statutory rate	3,222	518	(1,236)
State, local and provincial income taxes, net of federal benefit	(2,635)	3,359	6,619
Tax credits	(678)	(802)	(3,188)
Nondeductible expenses	1,801	1,090	564
Valuation allowance	1,349	(275)	(2,686)
Prior year income tax re-determination	(602)	0	0
Share-based compensation	132	(705)	1,119
Gain on sale of business	8,484	0	0
Impairment of Goodwill	22,369	0	0
Federal NOL carryback	0	0	(11,251)
Prior year basis adjustment	0	0	(659)
Change in fair value of contingent consideration	(1,187)	944	0
Other	(159)	177	(259)
(Benefit) provision for income taxes	$ (8,678)	$ 21,223	$ 5,895
Effective income tax rate (as percent)	4.50%	26.30%	7.30%
Statutory federal income tax rate (as percent)	21%	21%	21%

INCOME TAXES - Narrative (Detai

INCOME TAXES - Narrative (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2020	Dec. 31, 2021
Income Tax Contingency [Line Items]
Income tax benefit from CARES Act		$ (11,300)
Unrecognized tax benefits	$ 1,958	1,100	$ 250
Unrecognized tax benefits that would impact effective tax rate	2,000
Undistributed foreign earnings	255,200
Deferred tax assets, tax credit carryforwards, foreign			$ 3,000
Foreign
Income Tax Contingency [Line Items]
Operating loss carryforwards	34,800
Operating loss carryforwards, valuation allowance	1,200	$ 4,600
State
Income Tax Contingency [Line Items]
Operating loss carryforwards	3,500
Operating loss carryforwards, valuation allowance	3,200
Canada Revenue Agency
Income Tax Contingency [Line Items]
Deferred tax assets, capital loss carryforwards	1,700
Canada Revenue Agency | Pro forma
Income Tax Contingency [Line Items]
Expected tax if earnings were distributed to the U.S.	$ 12,800

INCOME TAXES - Unrecognized Tax

INCOME TAXES - Unrecognized Tax Benefits (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Reconciliation of Unrecognized Tax Benefits, Excluding Amounts Pertaining to Examined Tax Returns [Roll Forward]
Balance at the beginning of year	$ 250	$ 1,100
Additions for tax positions related to prior years	1,648	125
Additions for tax positions related to the current year	60	125
Settlements with taxing authorities	0	(1,100)
Balance at end of year	$ 1,958	$ 250

INCOME TAXES - Deferred Income

INCOME TAXES - Deferred Income Tax Assets and Liabilities Sources (Details) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Deferred tax assets related to:
Loans receivable	$ 9,913	$ 0
Accrued expenses and other reserves	7,309	2,960
Lease liability	16,055	26,777
Compensation accruals	6,826	5,845
Deferred revenue	1,811	204
State and provincial NOL carryforwards	18,560	15,547
Foreign NOL and capital loss carryforwards	21,378	17,090
Tax credit carryforwards	3,872	3,905
Gross deferred tax assets	85,724	72,328
Less: Valuation allowance	(9,719)	(7,732)	$ (5,695)	$ (8,328)
Net deferred tax assets	76,005	64,596
Deferred tax liabilities related to:
Property and equipment	(2,820)	(14,950)
Right of use asset	(15,648)	(25,304)
Goodwill and other intangible assets	(2,730)	(9,914)
Prepaid expenses and other assets	(3,055)	(466)
Hedge accounting	(1,859)	0
Loans receivable	0	(4,367)
Gross deferred tax liabilities	(26,112)	(55,001)
Net deferred tax assets	$ 49,893	$ 9,595

INCOME TAXES - Deferred Tax Ass

INCOME TAXES - Deferred Tax Assets and Liabilities (Details) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Income Tax Disclosure [Abstract]
Deferred tax assets	$ 49,893	$ 15,639
Deferred tax liabilities	0	(6,044)
Net deferred tax assets	$ 49,893	$ 9,595

INCOME TAXES - Valuation Allowa

INCOME TAXES - Valuation Allowance (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Deferred Tax Assets, Valuation Allowance [Roll Forward]
Balance at the beginning of year	$ 7,732	$ 5,695	$ 8,328
Increase (decrease) to balance charged as expense	1,349	(275)	(2,686)
Increase to balance charged to opening balance sheet of the acquisition	1,044	1,873	0
(Decrease) to balance for the divestiture	(542)	0	0
Increase (decrease) to balance charged to Other comprehensive income	136	392	(378)
Effect of foreign currency translation	0	47	431
Balance at end of year	$ 9,719	$ 7,732	$ 5,695

EARNINGS PER SHARE - Summary of

EARNINGS PER SHARE - Summary of Basic and Diluted Earnings Per Share (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Earnings Per Share [Abstract]
Net (loss) income from continuing operations	$ (185,484)	$ 59,334	$ 74,448
Net income from discontinued operations	0	0	1,285
Net income	$ (185,484)	$ 59,334	$ 75,733
Weight average common shares - basic (in shares)	40,428	41,155	40,886
Dilutive effect of stock options and restricted stock units (in shares)	0	1,988	1,205
Weighted average common shares - diluted (in shares)	40,428	43,143	42,091
(Loss) earnings per share:
Basic earnings per share, continuing operations (in usd per share)	$ (4.59)	$ 1.44	$ 1.82
Basic earnings per share, discontinued operations (in usd per share)	0	0	0.03
Basic earnings per share (in usd per share)	(4.59)	1.44	1.85
Diluted (loss) earnings per share:
Diluted earnings per share, continuing operations (in usd per share)	(4.59)	1.38	1.77
Diluted earnings per share, discontinued operations (in usd per share)	0	0	0.03
Diluted earnings per share (in usd per share)	$ (4.59)	$ 1.38	$ 1.8

EARNINGS PER SHARE - Narrative

EARNINGS PER SHARE - Narrative (Details) - shares shares in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Earnings Per Share [Abstract]
Antidilutive securities excluded from computation of earnings per share (in shares)	2.8	0.2	0.8

SHARE-BASED COMPENSATION - Narr

SHARE-BASED COMPENSATION - Narrative (Details) - USD ($) $ in Millions	3 Months Ended	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2017	Dec. 31, 2010
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock option grants in period (in shares)		0	0	0
Unrecognized compensation costs	$ 22.2	$ 22.2
Compensation cost not yet recognized, period for recognition	1 year 10 months 24 days
Stock Options
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting rights (as percent)		20%
Term of award		10 years
Vesting period		5 years
Market-Based
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period		3 years
Market-Based | Minimum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period		3 years
Market-Based | Maximum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period		4 years
Performance-Based
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period		2 years
2017 Incentive Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of shares authorized (in shares)					9,000,000
2010 Incentive Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of shares authorized (in shares)						2,160,000

SHARE-BASED COMPENSATION - Stoc

SHARE-BASED COMPENSATION - Stock Option Activity (Details) - USD ($) $ / shares in Units, $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Stock Options
Beginning balance (in shares)	515,088	1,130,112	1,404,622
Granted (in shares)	0	0	0
Exercised (in shares)	0	(615,024)	(274,510)
Forfeited (in shares)	0	0	0
Ending balance (in shares)	515,088	515,088	1,130,112	1,404,622
Weighted Average Exercise Price
Beginning balance (in usd per share)	$ 4.83	$ 3.74	$ 3.56
Granted (in usd per share)	0	0	0
Exercised (in usd per share)	0	2.83	2.79
Forfeited (in usd per share)	0	0	0
Ending balance (in usd per share)	$ 4.83	4.83	3.74	$ 3.56
Options exercisable (in shares)	515,088
Options exercisable, weighted average exercise price (in usd per share)	$ 4.83
Options forfeited, weighted average grant date fair value (in usd per share)	$ 0	$ 0	$ 0
Options outstanding, weighted average remaining contractual term	3 years 2 months 12 days	4 years 2 months 12 days	2 years 7 months 6 days	2 years 7 months 6 days
Options exercisable, weighted average remaining contractual term	3 years 2 months 12 days
Options outstanding, intrinsic value	$ (0.7)	$ 5.8	$ 12	$ 12.1
Options exercised, intrinsic value		$ 8.1	$ 3.2
Options exercisable, intrinsic value	$ (0.7)

SHARE-BASED COMPENSATION - Summ

SHARE-BASED COMPENSATION - Summary of Restricted Stock Units (Details) - $ / shares	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Time-Based
Number of Shares
Outstanding, beginning of period (in shares)	1,675,928	1,012,792	1,061,753
Granted (in shares)	1,649,980	1,238,564	694,213
Vested (in shares)	(785,751)	(494,790)	(716,268)
Forfeited (in shares)	(444,088)	(80,638)	(26,906)
Outstanding, end of period (in shares)	2,096,069	1,675,928	1,012,792
Weighted Average Grant Date Fair Value per Share
Weighted average grant date fair value, beginning of period (in usd per share)	$ 13.27	$ 10.26	$ 11.47
Weighted average grant date fair value, end of period (in usd per share)	10.87	13.27	10.26
Weighted average grant date fair value, granted (in usd per share)	9.75	15.51	10.4
Weighted average grant date fair value, vested (in usd per share)	13.8	11.04	12.86
Weighted average grant date fair value, forfeited (in usd per share)	$ 11.9	$ 11.46	$ 11.89
Market-Based
Number of Shares
Outstanding, beginning of period (in shares)	1,006,734	758,713	394,861
Granted (in shares)	1,422,886	299,053	368,539
Vested (in shares)	0	0	0
Forfeited (in shares)	(701,258)	(51,032)	(4,687)
Outstanding, end of period (in shares)	1,728,362	1,006,734	758,713
Performance-Based
Number of Shares
Outstanding, beginning of period (in shares)	253,310	0	0
Granted (in shares)	0	253,310	0
Vested (in shares)	(7,568)	0	0
Forfeited (in shares)	(101,252)	0	0
Outstanding, end of period (in shares)	144,490	253,310	0

SHARE-BASED COMPENSATION - Shar

SHARE-BASED COMPENSATION - Share-based Compensation Expense (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Share-Based Payment Arrangement [Abstract]
Pre-tax share-based compensation expense	$ 13,957	$ 13,976	$ 12,910
Income tax benefit	(3,283)	(4,475)	(1,164)
Total share-based compensation expense, net of tax	$ 10,674	$ 9,501	$ 11,746

LEASES - Narrative (Details)

LEASES - Narrative (Details)	Dec. 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	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Operating lease costs:
Operating lease cost	$ 34,820	$ 34,591	$ 34,214
Cash paid for amounts included in the measurement of operating lease liabilities	28,414	36,235	34,651
ROU assets (divested) obtained	$ (24,749)	$ 9,682	$ 18,847
Weighted average remaining lease term - Operating leases	4 years 4 months 24 days	4 years 10 months 24 days	5 years 8 months 12 days
Weighted average discount rate - Operating leases	7.80%	8.30%	9.90%
Third-Party
Operating lease costs:
Operating lease cost	$ 32,538	$ 31,197	$ 30,828
Related-Party
Operating lease costs:
Operating lease cost	$ 2,282	$ 3,394	$ 3,386

LEASES - Schedule of Future Min

LEASES - Schedule of Future Minimum Lease Payments, ASC 842 (Details) $ in Thousands	Dec. 31, 2022 USD ($)
Lessee, Lease, Description [Line Items]
2023	$ 24,939
2024	18,065
2025	12,462
2026	7,353
2027	4,950
Thereafter	9,132
Total	76,901
Less: Imputed interest	(14,054)
Operating lease liabilities	62,847
Third-Party
Lessee, Lease, Description [Line Items]
2023	24,323
2024	17,433
2025	11,813
2026	6,686
2027	4,265
Thereafter	8,139
Total	72,659
Less: Imputed interest	(12,878)
Operating lease liabilities	59,781
Related-Party
Lessee, Lease, Description [Line Items]
2023	616
2024	632
2025	649
2026	667
2027	685
Thereafter	993
Total	4,242
Less: Imputed interest	(1,176)
Operating lease liabilities	$ 3,066

DIVIDENDS - Narrative (Details)

DIVIDENDS - Narrative (Details) - $ / shares	Aug. 03, 2022	Apr. 28, 2022	Feb. 04, 2022	Oct. 27, 2021	Jul. 28, 2021	May 31, 2021	May 03, 2021	Jan. 29, 2021	Feb. 29, 2020
Equity [Abstract]
Quarterly cash dividend (in usd per share)	$ 0.11	$ 0.11	$ 0.11	$ 0.11	$ 0.11	$ 0.11	$ 0.11	$ 0.055	$ 0.055
Dividends payable, annualized amount (in usd per share)									$ 0.22

DIVIDENDS - Schedule of Dividen

DIVIDENDS - Schedule of Dividends (Details) - USD ($) $ / shares in Units, $ in Thousands								12 Months Ended
	Aug. 26, 2022	May 23, 2022	Mar. 01, 2022	Nov. 22, 2021	Aug. 19, 2021	May 27, 2021	Mar. 02, 2021	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020	Aug. 03, 2022	Apr. 28, 2022	Feb. 04, 2022	Oct. 27, 2021	Jul. 28, 2021	May 31, 2021	May 03, 2021	Jan. 29, 2021	Feb. 29, 2020
Equity [Abstract]
Quarterly cash dividend (in usd per share)											$ 0.11	$ 0.11	$ 0.11	$ 0.11	$ 0.11	$ 0.11	$ 0.11	$ 0.055	$ 0.055
Dividends Paid	$ 4,453	$ 4,440	$ 4,517	$ 4,453	$ 4,556	$ 4,580	$ 2,284	$ 13,715	$ 15,935	$ 9,088

SEGMENT REPORTING - Narrative (

SEGMENT REPORTING - Narrative (Details) - Dec. 31, 2022	location	state	province	partner	territory	store
Segment Reporting Information [Line Items]
Number of retail locations | location	496
Canada
Segment Reporting Information [Line Items]
Number of territories with online presence | territory					1
U.S. Direct Lending
Segment Reporting Information [Line Items]
Number of retail locations						490
Number of states/provinces with online presence | state		13
Canada Direct Lending
Segment Reporting Information [Line Items]
Number of states/provinces with online presence | province			8
Number of states/provinces with retail locations | province			8
Number of Stores						150
Canada POS Lending
Segment Reporting Information [Line Items]
Number of retail locations						8,400
Number of merchant partners | partner				3,500
Number of geographical locations			10		2

SEGMENT REPORTING - Summary of

SEGMENT REPORTING - Summary of Financial Information by Segment (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Revenues by segment:
Consolidated revenue	$ 1,025,918	$ 817,843	$ 847,396
Net revenues by segment:
Consolidated net revenue	625,593	572,175	558,585
Segment (loss) income before income taxes:
Consolidated (loss) income before income taxes	(194,162)	80,557	80,343
Property, Plant and Equipment [Abstract]
Consolidated expenditures for long-lived assets	45,821	23,579	10,718
Total gross loans receivable	2,087,833	1,548,318
U.S. Direct Lending
Revenues by segment:
Consolidated revenue	615,722	525,962	638,524
Net revenues by segment:
Consolidated net revenue	375,144	359,929	408,360
Segment (loss) income before income taxes:
Consolidated (loss) income before income taxes	(175,350)	47,517	34,172
Property, Plant and Equipment [Abstract]
Consolidated expenditures for long-lived assets	18,173	13,450	10,079
Total gross loans receivable	773,380	661,945
Canada Direct Lending
Revenues by segment:
Consolidated revenue	303,750	257,039	208,872
Net revenues by segment:
Consolidated net revenue	189,183	202,042	150,225
Segment (loss) income before income taxes:
Consolidated (loss) income before income taxes	51,163	88,731	46,171
Property, Plant and Equipment [Abstract]
Consolidated expenditures for long-lived assets	6,768	2,238	639
Total gross loans receivable	481,015	427,197
Canada POS Lending
Revenues by segment:
Consolidated revenue	106,446	34,842	0
Net revenues by segment:
Consolidated net revenue	61,266	10,204	0
Segment (loss) income before income taxes:
Consolidated (loss) income before income taxes	(69,975)	(55,691)	0
Property, Plant and Equipment [Abstract]
Consolidated expenditures for long-lived assets	20,880	7,891	$ 0
Total gross loans receivable	$ 833,438	$ 459,176

SEGMENT REPORTING - Summary o_2

SEGMENT REPORTING - Summary of Long-lived Assets by Geographical Region (Details) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Revenues from External Customers and Long-Lived Assets [Line Items]
Total net long-lived assets	$ 31,957	$ 54,635
U.S. Direct Lending
Revenues from External Customers and Long-Lived Assets [Line Items]
Total net long-lived assets	13,993	32,753
Canada Direct Lending
Revenues from External Customers and Long-Lived Assets [Line Items]
Total net long-lived assets	15,239	21,072
Canada POS Lending
Revenues from External Customers and Long-Lived Assets [Line Items]
Total net long-lived assets	$ 2,725	$ 810

ACQUISITIONS AND DIVESTITURE -

ACQUISITIONS AND DIVESTITURE - Narrative (Details) $ in Thousands							1 Months Ended	3 Months Ended			9 Months Ended	10 Months Ended		12 Months Ended
	Jul. 13, 2022 USD ($)	Jul. 08, 2022 USD ($)	May 18, 2022 USD ($)	Dec. 27, 2021 USD ($) state branch	Mar. 10, 2021 USD ($)	Jan. 03, 2020 USD ($)	Jul. 31, 2022 USD ($)	Dec. 31, 2022 USD ($)	Sep. 30, 2022 USD ($)	Mar. 31, 2022 USD ($)	Sep. 30, 2022 USD ($)	Dec. 31, 2021 USD ($)	Dec. 31, 2021 USD ($)	Dec. 31, 2022 USD ($)	Dec. 31, 2022 USD ($)	Dec. 31, 2021 USD ($)	Dec. 31, 2020 USD ($)	Dec. 31, 2019 USD ($)	Sep. 30, 2021	Jul. 31, 2021	Mar. 31, 2021 USD ($)
Business Acquisition [Line Items]
Goodwill								$ 276,269				$ 429,792	$ 429,792	$ 276,269	$ 276,269	$ 429,792	$ 136,091
Measurement period adjustment															11,825	(4,478)
Interest and fee revenue										$ 7,700
Contingent consideration related to acquisition								$ 16,884				$ 26,508	$ 26,508	$ 16,884	16,884	26,508					$ 20,600
Total revenue															1,025,918	817,843	847,396
Operating expenses															(263,230)	(4,704)	(68,163)
Incurred costs with acquisition															82,811	68,473	47,048
Total proceeds															288,980	0	0
Gain on sale of business									$ 68,400		$ 68,400				68,443	0	0
(Loss) income from continuing operations before income taxes															$ (194,162)	$ 80,557	80,343
Senior Secured Notes Due 2028 | Senior Notes
Business Acquisition [Line Items]
Stated interest rate (as percent)								7.50%				7.50%	7.50%	7.50%	7.50%	7.50%			7.50%	7.50%
U.S. Legacy Direct Lending Business
Business Acquisition [Line Items]
(Loss) income from continuing operations before income taxes															$ 60,700	$ 140,200
Discontinued Operations, Disposed of by Sale | U.S. Legacy Direct Lending Business
Business Acquisition [Line Items]
Total proceeds		$ 349,207
Cash received at close of divestiture of business		314,200
Additional proceeds from divestiture of businesses		35,000
Gain on sale of business		$ 68,444							$ 68,400		$ 68,400				68,400
Flexiti
Business Acquisition [Line Items]
Total cash consideration transferred					$ 122,500
Goodwill					$ 44,901			$ 40,400				$ 40,421	$ 40,421	$ 40,400	40,400	40,421
Business acquisition, incurred costs related to this acquisition								3,300						3,300	3,300
Equity interests acquired (as a percentage)					100%
Payments to acquire businesses, net of cash acquired							$ 1,000									91,203	0
Business combination, consideration transferred, equity interests issued and issuable					$ 8,100
Measurement period adjustment													$ (4,480)			4,500
Payments to acquire businesses, gross					86,500
Debt costs in conjunction with the acquisition					6,300
Contingent consideration related to acquisition					20,600			16,900						16,900	16,900
Total revenue												34,800
Operating expenses												$ 50,900
Consideration transferred related to RSU contingent consideration					$ 4,000
RSU grants, requisite service period					2 years
Flexiti | Maximum
Business Acquisition [Line Items]
Contingent consideration related to acquisition					$ 32,800
Flexiti | Minimum
Business Acquisition [Line Items]
Contingent consideration related to acquisition					$ 0
Heights SPV
Business Acquisition [Line Items]
Total cash consideration transferred				$ 360,000
Goodwill				$ 253,857				265,682						265,682	265,682
Equity interests acquired (as a percentage)				100%
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
Measurement period adjustment								3,500						(11,825)	11,800
Measurement period adjustment, income tax receivable								4,200						4,209
Measurement period adjustment, accounts payable								4,200						4,209
First Heritage SPV
Business Acquisition [Line Items]
Total cash consideration transferred	$ 140,000		$ 140,000
Goodwill	$ 75,365
Business acquisition, incurred costs related to this acquisition								$ 10,100						$ 10,100	10,100
Payments to acquire businesses, net of cash acquired															131,012	0	0
Ad Astra
Business Acquisition [Line Items]
Total cash consideration transferred						$ 17,811
Goodwill						$ 14,791
Equity interests acquired (as a percentage)						100%
Payments to acquire businesses, net of cash acquired						$ 14,400									$ 0	0	14,418
Operating expenses																$ 10,000	$ 9,600
Incurred costs with acquisition																		$ 15,500
Goodwill, estimated amount tax-deductible						$ 15,400

ACQUISITIONS AND DIVESTITURE _2

ACQUISITIONS AND DIVESTITURE - Schedule of Assets Acquired and Liabilities Assumed - First Heritage Credit (Details) - USD ($) $ in Thousands	3 Months Ended	10 Months Ended	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2022	Jul. 13, 2022	Dec. 27, 2021	Mar. 10, 2021	Dec. 31, 2020
Liabilities
Goodwill	$ 276,269	$ 429,792	$ 276,269				$ 136,091
First Heritage SPV
Assets
Cash and cash equivalents				$ 31,396
Restricted cash				1,933
Gross loans receivable				218,011
Prepaid expenses and other				1,285
Property and equipment				345
Right-of-use assets				4,241
Intangibles, net				10,670
Total assets				267,880
Liabilities
Accounts payable and accrued liabilities				4,270
Lease liabilities				4,241
Debt				170,392
Total liabilities				178,904
Net assets acquired				88,976
Total consideration paid				164,341
Goodwill				75,365
Gross contractual loans receivable				236,100
Estimate of gross contractual loans that will not be collected				$ 18,100
Heights SPV
Assets
Cash and cash equivalents	13,564		13,564		$ 13,564
Restricted cash	33,630		33,630		33,630
Gross loans receivable	456,251		456,251		471,630
Measurement period adjustment, accounts payable	4,200		4,209
Prepaid expenses and other	7,410		7,410		7,410
Property and equipment	4,748		4,748		4,748
Right-of-use assets	16,111		16,111		16,111
Intangibles, net	11,900		11,900		11,900
Total assets	553,924		553,924		562,617
Measurement period adjustment, income tax receivable	4,200		4,209
Liabilities
Accounts payable and accrued liabilities	23,395		23,395		19,186
Lease liabilities	16,315		16,315		16,315
Business Combination, Provisional Information, Initial Accounting Incomplete, Adjustment, Deferred Tax Liabilities			(1,077)
Debt	350,000		350,000		350,000
Total liabilities	391,491		391,491		388,359
Net assets acquired	162,433		162,433		174,258
Total consideration paid	428,115		428,115		428,115
Goodwill	265,682		265,682		253,857
Gross contractual loans receivable					485,400
Estimate of gross contractual loans that will not be collected					29,100
Deferred tax assets, measurement period adjustment			2,477
Deferred tax assets	2,477		2,477		$ 0
Flexiti
Assets
Cash and cash equivalents		1,267				$ 1,267
Gross loans receivable		196,138				196,138
Prepaid expenses and other		687				687
Property and equipment		460				460
Right-of-use assets		616				616
Intangibles, net	54,448	54,448	54,448			50,876
Total assets		257,265				252,785
Liabilities
Accounts payable and accrued liabilities		9,356				9,356
Lease liabilities		616				616
Total liabilities		184,339				184,339
Net assets acquired		72,926				68,446
Total consideration paid		113,347				113,347
Goodwill	$ 40,400	40,421	$ 40,400			44,901
Gross contractual loans receivable						208,600
Estimate of gross contractual loans that will not be collected						12,500
Deferred tax assets, measurement period adjustment		908
Deferred tax assets		$ 3,649				$ 2,741

ACQUISITIONS AND DIVESTITURE _3

ACQUISITIONS AND DIVESTITURE - Components of Identifiable Intangible Assets - First Heritage Credit (Details) - USD ($) $ in Thousands		12 Months Ended
	Jul. 13, 2022	Dec. 31, 2022
Trade name
Business Acquisition [Line Items]
Useful Life (in years)		11 years 7 months 6 days
Customer relationships
Business Acquisition [Line Items]
Useful Life (in years)		2 years 4 months 24 days
First Heritage SPV
Business Acquisition [Line Items]
Fair Value	$ 10,670
First Heritage SPV | Trade name
Business Acquisition [Line Items]
Fair Value	$ 3,790
Useful Life (in years)	10 years
First Heritage SPV | Customer relationships
Business Acquisition [Line Items]
Fair Value	$ 6,880
Useful Life (in years)	3 years 6 months

ACQUISITIONS AND DIVESTITURE _4

ACQUISITIONS AND DIVESTITURE - Schedule of Assets Acquired and Liabilities Assumed - Heights (Details) - USD ($) $ in Thousands	3 Months Ended	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2022	Dec. 31, 2022	Dec. 31, 2021	Dec. 27, 2021	Dec. 31, 2020
Liabilities
Measurement period adjustment			$ 11,825	$ (4,478)
Goodwill	$ 276,269	$ 276,269	276,269	$ 429,792		$ 136,091
Heights SPV
Assets
Cash and cash equivalents	13,564	13,564	13,564		$ 13,564
Restricted cash	33,630	33,630	33,630		33,630
Gross loans receivable	456,251	456,251	456,251		471,630
Gross loans receivable, measurement period adjustments		(15,379)
Income tax receivable	7,735	7,735	7,735		3,526
Prepaid expenses and other	7,410	7,410	7,410		7,410
Property and equipment	4,748	4,748	4,748		4,748
Right-of-use assets	16,111	16,111	16,111		16,111
Intangibles, net	11,900	11,900	11,900		11,900
Other assets	98	98	98		98
Total assets	553,924	553,924	553,924		562,617
Total assets, measurement period adjustments		(8,693)
Liabilities
Accounts payable and accrued liabilities	23,395	23,395	23,395		19,186
Lease liabilities	16,315	16,315	16,315		16,315
Deferred tax liability	0	0	0		1,077
Accrued interest on debt	1,781	1,781	1,781		1,781
Debt	350,000	350,000	350,000		350,000
Total liabilities	391,491	391,491	391,491		388,359
Total liabilities, measurement period adjustments		3,132
Net assets acquired	162,433	162,433	162,433		174,258
Measurement period adjustment	3,500	(11,825)	11,800
Total consideration paid	428,115	428,115	428,115		428,115
Goodwill	$ 265,682	$ 265,682	$ 265,682		253,857
Gross contractual loans receivable					485,400
Estimate of gross contractual loans that will not be collected					$ 29,100

ACQUISITIONS AND DIVESTITURE _5

ACQUISITIONS AND DIVESTITURE - Schedule of Assets Acquired and Liabilities Assumed - Flexiti (Details) - USD ($) $ in Thousands	10 Months Ended	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2022	Dec. 31, 2021	Mar. 10, 2021	Dec. 31, 2020
Liabilities
Goodwill	$ 429,792	$ 276,269	$ 429,792		$ 136,091
Measurement period adjustment		11,825	(4,478)
Flexiti
Assets
Cash and cash equivalents	1,267		1,267	$ 1,267
Gross loans receivable	196,138		196,138	196,138
Prepaid expenses and other	687		687	687
Property and equipment	460		460	460
Right-of-use assets	616		616	616
Intangibles, net	54,448	54,448	54,448	50,876
Intangibles, measurement period adjustments	3,572
Deferred tax assets	3,649		3,649	2,741
Deferred tax assets, measurement period adjustment	908
Total assets	257,265		257,265	252,785
Total assets, measurement period adjustments	4,480
Liabilities
Accounts payable and accrued liabilities	9,356		9,356	9,356
Credit facilities	174,367		174,367	174,367
Lease liabilities	616		616	616
Total liabilities	184,339		184,339	184,339
Net assets acquired	72,926		72,926	68,446
Net assets acquired, measurement period adjustments	4,480
Total consideration paid	113,347		113,347	113,347
Goodwill	40,421	$ 40,400	40,421	44,901
Measurement period adjustment	$ (4,480)		$ 4,500
Gross contractual loans receivable				208,600
Estimate of gross contractual loans that will not be collected				$ 12,500

ACQUISITIONS AND DIVESTITURE _6

ACQUISITIONS AND DIVESTITURE - Components of Identifiable Intangible Assets - Flexiti (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Mar. 10, 2021
Merchant relationships
Business Acquisition [Line Items]
Useful Life (in years)	3 years 3 months 18 days
Customer relationships
Business Acquisition [Line Items]
Useful Life (in years)	2 years 4 months 24 days
Flexiti
Business Acquisition [Line Items]
Fair Value	$ 54,448	$ 54,448	$ 50,876
Flexiti | Developed technology
Business Acquisition [Line Items]
Fair Value	$ 31,827
Useful Life (in years)	5 years
Flexiti | Merchant relationships
Business Acquisition [Line Items]
Fair Value	$ 19,684
Useful Life (in years)	5 years
Flexiti | Customer relationships
Business Acquisition [Line Items]
Fair Value	$ 2,937
Useful Life (in years)	3 years

ACQUISITIONS AND DIVESTITURE _7

ACQUISITIONS AND DIVESTITURE - Schedule of Assets Acquired and Liabilities Assumed - Ad Astra (Details) - USD ($) $ in Thousands	Jan. 03, 2020	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Assets
Goodwill		$ 276,269	$ 429,792	$ 136,091
Ad Astra
Assets
Cash and cash equivalents	$ 3,360
Accounts receivable	465
Property and equipment	358
Intangibles, net	1,101
Goodwill	14,791
Operating lease asset	235
Total assets	20,310
Liabilities
Accounts payable and accrued liabilities	2,264
Operating lease liabilities	235
Total liabilities	2,499
Total cash consideration transferred	$ 17,811

ACQUISITIONS AND DIVESTITURE _8

ACQUISITIONS AND DIVESTITURE - Schedule of Assets and Liabilities Divestiture - Legacy U.S. Direct Lending Business (Details) - USD ($) $ in Thousands		3 Months Ended	9 Months Ended	12 Months Ended
	Jul. 08, 2022	Sep. 30, 2022	Sep. 30, 2022	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Liabilities
Total proceeds				$ 288,980	$ 0	$ 0
Total pretax gain on sale of business		$ 68,400	$ 68,400	68,443	$ 0	$ 0
Discontinued Operations, Disposed of by Sale | U.S. Legacy Direct Lending Business
Assets
Cash, cash equivalents and restricted cash	$ 21,292
Loans receivable	162,147
Right of use asset	39,326
Goodwill	91,131
Other assets	30,690
Total assets	344,586
Liabilities
Accounts payable and accrued liabilities	(8,947)
Right of use liability	(43,433)
Liability for losses on CSO lender-owned consumer loans	(5,628)
Other long term liabilities	(5,815)
Total liabilities	(63,823)
Net assets sold	280,763
Total proceeds	349,207
Total pretax gain on sale of business	$ 68,444	$ 68,400	$ 68,400	$ 68,400

RELATED-PARTY TRANSACTIONS (Det

RELATED-PARTY TRANSACTIONS (Details) - Affiliated Entity - Ad Astra	12 Months Ended
	Dec. 31, 2022
Commissions
Related Party Transaction [Line Items]
Related party transaction, rate (as percent)	30%
Minimum
Related Party Transaction [Line Items]
Period of delinquency for referral to related party for collection	91 days
Maximum
Related Party Transaction [Line Items]
Period of delinquency for referral to related party for collection	121 days

PREPAID EXPENSES AND OTHER (Det

PREPAID EXPENSES AND OTHER (Details) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]
Settlements and collateral due from third-party lenders	$ 0	$ 5,465
Fees receivable from customers under CSO programs	0	8,412
Prepaid expenses	13,963	16,243
Other assets	39,094	11,918
Total prepaid expenses and other	$ 53,057	$ 42,038

PROPERTY AND EQUIPMENT (Details

PROPERTY AND EQUIPMENT (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Property, Plant and Equipment [Line Items]
Property and equipment, gross	$ 96,050	$ 165,325
Accumulated depreciation and amortization	(64,093)	(110,690)
Property and equipment, net	31,957	54,635
Depreciation expense	13,500	13,200	$ 14,500
Leasehold improvements
Property, Plant and Equipment [Line Items]
Property and equipment, gross	52,031	122,049
Furniture, fixtures and equipment
Property, Plant and Equipment [Line Items]
Property and equipment, gross	$ 44,019	$ 43,276

ACCOUNTS PAYABLE AND ACCRUED _3

ACCOUNTS PAYABLE AND ACCRUED LIABILITIES (Details) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Payables and Accruals [Abstract]
Trade accounts payable	$ 14,100	$ 43,094
Money orders payable	2,112	3,460
Accrued taxes, other than income taxes	1,248	1,053
Accrued payroll and fringe benefits	16,487	41,658
Other accrued liabilities	39,880	32,169
Total accounts payable and accrued liabilities	$ 73,827	$ 121,434

BENEFIT PLANS (Details)

BENEFIT PLANS (Details) $ in Millions	12 Months Ended
	Dec. 31, 2022 USD ($) contract	Dec. 31, 2021 USD ($)	Dec. 31, 2020 USD ($)
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Deferred compensation plan, vesting period of employer contributions	3 years
Amount of deferred compensation plan liability	$ 5.1	$ 5.1	$ 4.7
Deferred Compensation Agreement, Period One
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Deferred Compensation Arrangement With Individual, Employer Contributions, Vested Payment Period	5 years
Deferred Compensation Agreement, Period Two
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Deferred Compensation Arrangement With Individual, Employer Contributions, Vested Payment Period	10 years
Registered Retirement Savings Plan
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Percent of employer's match (as percent)	50%
Defined Contribution Plan, Number of Plans | contract	2
2021 Registered Retirement Savings Plan | Contact Center Employees
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Percent of employer's match (as percent)	50%
2021 Registered Retirement Savings Plan | Corporate Employees
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Percent of employer's match (as percent)	100%
401(k) Retirement Savings Plan
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Defined Contribution Plan, Number of Plans | contract	3
Registered Retirement Savings Plan
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Percent of employees compensation (as percent)	6%
Contributions	$ 0.5	0.4	0.3
Registered Retirement Savings Plan | After One Year
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Deferred compensation plan, vesting period of employer contributions	1 year
Vesting rights (as percent)	50%
Registered Retirement Savings Plan | After Two Years
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Deferred compensation plan, vesting period of employer contributions	2 years
Vesting rights (as percent)	100%
401(k) Retirement Savings Plan
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Percent of employer's match (as percent)	50%
Percent of employees compensation (as percent)	6%
Vesting rights (as percent)	33.33%
Contributions	$ 3	$ 1.7	$ 1.7
Maximum employee contribution (as percent)	90%
Employment period	3 years
401(k) Retirement Savings Plan - Heights | Tier 1
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Percent of employer's match (as percent)	100%
Percent of employees compensation (as percent)	3%
401(k) Retirement Savings Plan - Heights | Tier 2
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Percent of employer's match (as percent)	50%
Percent of employees compensation (as percent)	2%
2021 Registered Retirement Savings Plan
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Deferred compensation plan, vesting period of employer contributions	1 year
Vesting rights (as percent)	100%
2021 Registered Retirement Savings Plan | Contact Center Employees
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Percent of employees compensation (as percent)	6%
2021 Registered Retirement Savings Plan | Corporate Employees
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Percent of employees compensation (as percent)	6%

CREDIT SERVICE ORGANIZATION (De

CREDIT SERVICE ORGANIZATION (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Accounts, Notes, Loans and Financing Receivable [Line Items]
Credit services organization, fees receivable		$ 5.2
Guarantor obligations, maximum exposure, undiscounted		38.4
Liability for losses on lender-owned consumer loans		6.9
Amounts placed in collateral accounts		$ 5.5
Maximum
Accounts, Notes, Loans and Financing Receivable [Line Items]
CSO program loan terms	6 months

RESTRUCTURING AND STORE CLOSU_3

RESTRUCTURING AND STORE CLOSURES - Narrative (Details) $ in Thousands	3 Months Ended			12 Months Ended
	Dec. 31, 2022 USD ($)	Sep. 30, 2021 store	Jun. 30, 2021 store	Dec. 31, 2022 USD ($) contract store	Dec. 31, 2021 USD ($) store
Restructuring Cost and Reserve [Line Items]
Restructuring charges | $	$ 16,038			$ 16,000	$ 12,717
Workforce reduction, number of employees | contract				150
Employee Termination Benefits
Restructuring Cost and Reserve [Line Items]
Restructuring charges | $	7,867			$ 7,900
Lease Exit Costs
Restructuring Cost and Reserve [Line Items]
Restructuring charges | $	$ 8,171			$ 8,200
US
Restructuring Cost and Reserve [Line Items]
Number of stores closed		30	19		49
Illinois
Restructuring Cost and Reserve [Line Items]
Number of stores closed					8
Oregon
Restructuring Cost and Reserve [Line Items]
Number of stores closed					2
Colorado
Restructuring Cost and Reserve [Line Items]
Number of stores closed					2
Washington
Restructuring Cost and Reserve [Line Items]
Number of stores closed					1
Texas
Restructuring Cost and Reserve [Line Items]
Number of stores closed					31
California
Restructuring Cost and Reserve [Line Items]
Number of stores closed					2
Louisiana
Restructuring Cost and Reserve [Line Items]
Number of stores closed					1
Nevada
Restructuring Cost and Reserve [Line Items]
Number of stores closed					1
Tennessee
Restructuring Cost and Reserve [Line Items]
Number of stores closed					1
UNITED STATES AND CANADA
Restructuring Cost and Reserve [Line Items]
Number of stores closed				89

RESTRUCTURING AND STORE CLOSU_4

RESTRUCTURING AND STORE CLOSURES - Restructuring Costs (Details) - USD ($) $ in Thousands	3 Months Ended	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2022	Dec. 31, 2021
Restructuring Cost and Reserve [Line Items]
Restructuring charges	$ 16,038	$ 16,000	$ 12,717
Salaries and Benefits
Restructuring Cost and Reserve [Line Items]
Restructuring charges	6,601
Direct Operations
Restructuring Cost and Reserve [Line Items]
Restructuring charges	1,266		$ 8,700
Other Operating Expense
Restructuring Cost and Reserve [Line Items]
Restructuring charges	8,171
Employee Termination Benefits
Restructuring Cost and Reserve [Line Items]
Restructuring charges	7,867	7,900
Employee Termination Benefits | Salaries and Benefits
Restructuring Cost and Reserve [Line Items]
Restructuring charges	6,601
Employee Termination Benefits | Direct Operations
Restructuring Cost and Reserve [Line Items]
Restructuring charges	1,266
Employee Termination Benefits | Other Operating Expense
Restructuring Cost and Reserve [Line Items]
Restructuring charges	0
Lease Exit Costs
Restructuring Cost and Reserve [Line Items]
Restructuring charges	8,171	$ 8,200
Lease Exit Costs | Salaries and Benefits
Restructuring Cost and Reserve [Line Items]
Restructuring charges	0
Lease Exit Costs | Direct Operations
Restructuring Cost and Reserve [Line Items]
Restructuring charges	0
Lease Exit Costs | Other Operating Expense
Restructuring Cost and Reserve [Line Items]
Restructuring charges	$ 8,171

RESTRUCTURING AND STORE CLOSU_5

RESTRUCTURING AND STORE CLOSURES - Accrued Restructuring Costs (Details) - USD ($) $ in Thousands	3 Months Ended	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2022	Dec. 31, 2021
Restructuring Reserve [Roll Forward]
Accrued restructuring costs, beginning balance	$ 0
Restructuring costs incurred during the year ended December 31, 2022	16,038	$ 16,000	$ 12,717
Amount paid during the year ended December 31, 2022	11,292
Accrued restructuring costs, ending balance	$ 4,746	$ 4,746

RESTRUCTURING AND STORE CLOSU_6

RESTRUCTURING AND STORE CLOSURES - Store Closures (Details) - USD ($) $ in Thousands	3 Months Ended	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2022	Dec. 31, 2021
Store closure costs
Total store closure costs	$ 16,038	$ 16,000	$ 12,717
Severance and employee costs			3,943
Lease termination costs			1,710
Net accelerated depreciation and write-off of ROU assets and lease liabilities			7,064
Corporate, district and other expenses
Store closure costs
Total store closure costs			3,900
Direct Operations
Store closure costs
Total store closure costs	$ 1,266		$ 8,700

DISCONTINUED OPERATIONS - Sched

DISCONTINUED OPERATIONS - Schedules of Discontinued Operations (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Operating expense (income)
Pre-tax income from operations of discontinued operations	$ 0	$ 0	$ 1,714
Income tax expense related to disposition	0	0	429
Net income from discontinued operations	0	0	1,285
Cash Flow Disclosures
Net cash provided by discontinued operating activities	$ 0	$ 0	1,714
U.K. Segment | Discontinued Operations, Disposed of by Means Other than Sale
Disposal Group, Including Discontinued Operation, Income Statement Disclosures [Abstract]
Revenue			0
Provision for losses			0
Net revenue			0
Cost of providing services
Advertising			0
Non-advertising costs of providing services			0
Total cost of providing services			0
Gross margin			0
Operating expense (income)
Corporate, district and other expenses			0
Interest income			0
Gain on disposition			(1,714)
Total operating income			(1,714)
Pre-tax income from operations of discontinued operations			1,714
Income tax expense related to disposition			429
Net income from discontinued operations			1,285
Cash Flow Disclosures
Net cash provided by discontinued operating activities			1,714
Net cash used in discontinued investing activities			0
Net cash used in discontinued financing activities			$ 0

SHARE REPURCHASE PROGRAM - Narr

SHARE REPURCHASE PROGRAM - Narrative (Details) - USD ($)	1 Months Ended	3 Months Ended		12 Months Ended
	Nov. 30, 2021	Dec. 31, 2022	Sep. 30, 2021	Dec. 31, 2022	Dec. 31, 2021	Feb. 28, 2022	May 31, 2021	Feb. 29, 2020
Equity, Class of Treasury Stock [Line Items]
Class A common stock, par value (in usd per share)		$ 0.001		$ 0.001	$ 0.001
Repurchase Program, 2022
Equity, Class of Treasury Stock [Line Items]
Total authorized repurchase amount for the period presented						$ 25,000,000
Repurchase Program, 2021
Equity, Class of Treasury Stock [Line Items]
Total authorized repurchase amount for the period presented		$ 50,000,000		$ 50,000,000			$ 50,000,000
Total number of shares repurchased (in shares)		824,477		2,218,333
Repurchase of common stock from a related party (in usd per share)		$ 15.20	$ 18.10	$ 16.86
Share Repurchase Agreement with Faulkner 2017 Dynasty Trust | Affiliated Entity
Equity, Class of Treasury Stock [Line Items]
Class A common stock, par value (in usd per share)	$ 0.001
Total number of shares repurchased (in shares)	500,000				500,000
Repurchase of common stock from a related party (in usd per share)					$ 18.10
Repurchase Program, 2020
Equity, Class of Treasury Stock [Line Items]
Total authorized repurchase amount for the period presented								$ 25,000,000

SHARE REPURCHASE PROGRAM - Sche

SHARE REPURCHASE PROGRAM - Schedule of Share Repurchase Program (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended		12 Months Ended
	Dec. 31, 2022	Sep. 30, 2021	Dec. 31, 2022	Dec. 31, 2021	[1]	Dec. 31, 2020
Equity, Class of Treasury Stock [Line Items]
Total value of shares repurchased			$ 12,530	$ 46,450		$ 5,509
Repurchase Program, 2021
Equity, Class of Treasury Stock [Line Items]
Total number of shares repurchased (in shares)	824,477		2,218,333
Repurchase of common stock from a related party (in usd per share)	$ 15.20	$ 18.10	$ 16.86
Total value of shares repurchased	$ 12,530		$ 37,400
[1] (2) Includes the repurchase of 500,000 shares of common stock from a related party for $18.10 per share. See Note 23, "Share Repurchase Program" for additional information.

SUBSEQUENT EVENTS (Details)

SUBSEQUENT EVENTS (Details) - Revolving Credit Facility - CURO Canada Revolving Credit Facility - CAD ($) $ in Millions	Jan. 06, 2023	Dec. 31, 2022	Dec. 21, 2022	Dec. 20, 2022
Subsequent Event [Line Items]
Line of credit facility, maximum borrowing capacity, cancelled				$ 10
Line of Credit
Subsequent Event [Line Items]
Line of credit facility, maximum borrowing capacity, cancelled		$ 5	$ 5	$ 10
Subsequent Event | Line of Credit
Subsequent Event [Line Items]
Line of credit facility, maximum borrowing capacity, cancelled	$ 5