WESTERN CAPITAL RESOURCES, INC. - FORM 10-Q - XML - IDEA: XBRL DOCUMENT - November 15, 2012

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EXCEL - IDEA: XBRL DOCUMENT - WESTERN CAPITAL RESOURCES, INC.Financial_Report.xls
10-Q - FORM 10-Q - WESTERN CAPITAL RESOURCES, INC.v326070_10q.htm
v2.4.0.6
Loans Receivable
 9 Months Ended
Sep. 30, 2012
Receivables [Abstract]  
Loans, Notes, Trade and Other Receivables Disclosure [Text Block]
3. Loans Receivable –

 

At September 30, 2012 and December 31, 2011 our outstanding loans receivable aging was as follows:

 

    Payday and Title Loans     Installment Loans     Total  
    September 30, 2012     December 31, 2011     September 30, 2012     December 31, 2011     September 30, 2012     December 31, 2011  
Current   $ 4,209,634     $ 4,373,116     $ 408,723     $ 252,736     $ 4,618,357     $ 4,625,852  
1-30     297,166       211,550       51,237       85,433       348,403       296,983  
31-60     250,715       189,304       16,178       30,526       266,893       219,830  
61-90     210,919       186,385       3,677       36,544       214,596       222,929  
91-120     208,248       170,622       721       -       208,969       170,622  
121-150     158,707       188,983       88       -       158,795       188,983  
151-180     139,598       163,614       -       -       139,598       163,614  
      5,474,987       5,483,574       480,624       405,239       5,955,611       5,888,813  
Allowance for losses     (1,028,000 )     (942,000 )     (56,000 )     (59,000 )     (1,084,000 )     (1,001,000 )
    $ 4,446,987     $ 4,541,574     $ 424,624     $ 346,239     $ 4,871,611     $ 4,887,813

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