4 unchanged sentences
The global impact of the outbreak has led to many federal, state and local governments instituting quarantines and restrictions on travel.
−Removed: Such actions are creating disruption in global supply chains, and adversely impacting a number of industries, such as transportation, hospitality and entertainment.
+Added: There also have been disruptions in global supply chains that have adversely impacted a number of industries, such as transportation, hospitality and entertainment.
The outbreak could have a continued adverse impact on economic and market conditions and trigger a period of global economic slowdown.
−Removed: The rapid development and fluidity of this situation precludes any accurate prediction as to the ultimate impact of COVID-19.
+Added: The rapid development and fluidity of this situation preclude any accurate prediction as to the ultimate impact of COVID-19.
Nevertheless, COVID-19 presents material uncertainty and risk with respect to our performance and financial results.
37 unchanged sentences
Unfavorable economic and political conditions, including future recessions, political instability, geopolitical turmoil and foreign hostilities, and disease, pandemics and other serious health events, also could increase our funding costs, limit our access to the capital markets or result in a decision by lenders not to extend credit to us.
−Removed: The outbreak of COVID-19 in many countries continues to adversely impact global commercial activity and has contributed to significant volatility in financial markets.
+Added: The outbreak of COVID-19 continues to adversely impact global commercial activity and has contributed to significant volatility in financial markets.
The global impact of the outbreak has been rapidly evolving, and many national, state and local governments have instituted quarantines, restrictions on travel and closures or limitations on non-essential businesses.
−Removed: Such actions are creating disruption in global supply chains, and adversely impacting a number of industries, such as transportation, hospitality and entertainment.
+Added: There also have been disruptions in global supply chains, that have adversely impacted a number of industries, such as transportation, hospitality and entertainment.
The outbreak could have a continued adverse impact on economic and market conditions and trigger a period of global economic slowdown.
−Removed: The rapid development and fluidity of this situation precludes any accurate prediction as to the ultimate adverse impact of the coronavirus.
+Added: The rapid development and fluidity of this situation preclude any accurate prediction as to the ultimate adverse impact of the coronavirus.
Nevertheless, the coronavirus presents material uncertainty and risk with respect to our performance and financial results.
4 unchanged sentences
finance and direct-to-consumer receivables may not be indicative of our ability to grow such receivables in the future.
−Removed:  Our period-end managed receivables balance for point-of-sale finance and direct-to-consumer receivables grew to $1,243.9 million at June 30, 2021 from $895.1 million at June 30, 2020.
+Added:  Our period-end managed receivables balance for point-of-sale finance and direct-to-consumer receivables grew to $1,441.5 million at September 30, 2021 from $982.5 million at September 30, 2020.
The amount of such receivables has fluctuated significantly over the course of our operating history. Furthermore, even if such receivables continue to increase, the rate of such growth could decline.
26 unchanged sentences
If litigation on similar theories were brought against us when we work with a federally insured bank that makes loans and were such an action successful, we could be subject to state usury limits and/or state licensing requirements, loans in such states could be deemed void and unenforceable, and we could be subject to substantial penalties in connection with such loans.
−Removed: The case law involving whether an originating lender, on the one hand, or third-parties, on the other hand, are the “true lenders”
+Added: The case law involving whether an originating lender, on the one hand, or a third-party, on the other hand, is the “true lenders”
of a loan is still developing and courts have come to different conclusions and applied different analyses.
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At this time, it is unknown whether Madden will be applied outside of the defaulted debt context in which it arose. The facts in Madden are not directly applicable to our business, as we do not engage in practices similar to those at issue in Madden .
−Removed: However, to the extent that the holding in Madden was broadened to cover circumstances applicable to our business, or if other litigation on related theories were brought against us and were successful, or we were otherwise found to be the “true lender,”
+Added: However, to the extent that the holding in Madden is broadened to cover circumstances applicable to our business, or if other litigation on related theories were brought against us or others and were successful, or we otherwise were found to be the “true lender,”
we could become subject to state usury limits and state licensing laws, in addition to the state consumer protection laws to which we are already subject, in a greater number of states, loans in such states could be deemed void and unenforceable, and we could be subject to substantial penalties in connection with such loans.
2 unchanged sentences
In the summer of 2020, a number of states filed suits against the OCC and the FDIC, challenging these "valid when made" rules. 
+Added: The bank that we support in connection with its extension of loans and one of our subsidiaries currently are involved in a dispute with the Maryland Commissioner of Financial Regulation with respect to the extent to which federal preemption preempts state regulation of bank activities related to the lending process, such as lender licensing requirements and aspects of those licensing requirements that purport to limit the rate of interest that can be charged.
+Added: The Commissioner issued a "charge letter" making various assertions regarding the applicability of the licensing requirements and interest rate limitations, the bank and our subsidiary removed the resulting administrative proceeding to federal court, and the Commissioner currently is contesting that removal.
+Added: The ultimate remedy sought by the Commissioner is the invalidation of loans to Maryland residents.
+Added: We believe that preemption should apply and that the licensing requirements should not apply to the bank in its making loans in Maryland, but the ultimate outcome could be unfavorable.
+Added: In light of the amount of loans involved, we do not believe that an adverse outcome would be material, but it could result in further erosion of federal preemption and our ability to operate as we currently do in Maryland and other states.
We support a single bank that markets general purpose credit cards and certain other credit products directly to consumers.
85 unchanged sentences
We are party to litigation.
−Removed: We are party to certain legal proceedings which include litigation customary for a business of our nature.
+Added: We are party to certain legal proceedings that include litigation customary for a business of our nature.
In each case we believe that we have meritorious defenses or that the positions we are asserting otherwise are correct.
74 unchanged sentences
 Any interruption in the availability of our transactional processing services due to hardware, operating system failures, or system conversion will reduce our revenues and profits.
−Removed: Any unscheduled interruption in our services results in an immediate, and possibly substantial, reduction in our ability to serve our customers, thereby resulting in a loss of revenues.
+Added: Any unscheduled interruption in our services results in an immediate, and possibly substantial, reduction in our ability to serve consumers, thereby resulting in a loss of revenues.
Frequent or persistent interruptions in our services could cause current or potential consumers to believe that our systems are unreliable, leading them to switch to our competitors or to avoid our websites or services, and could permanently harm our reputation.
6 unchanged sentences
The most direct impact is likely to be an increase in energy costs, which would adversely impact consumers and their ability to incur and repay indebtedness. 
−Removed: We elected the fair value option effective as of January 1, 2020, and we use estimates in determining the fair value of our loans.
+Added: We elected the fair value option for certain of our loans effective as of January 1, 2020, and we use estimates in determining the fair value of our loans.
If our estimates prove incorrect, we may be required to write down the value of these assets, adversely affecting our results of operations.
45 unchanged sentences
Future sales of shares of stock or the availability of shares of stock for future sale, may have a material adverse effect on the trading price of our stock.
−Removed: The shares of Series A Convertible Preferred Stock and Series B Preferred Stock are senior obligations, rank prior to our common stock with respect to dividends, distributions and payments upon liquidation and have other terms that could negatively impact the value of shares of our common stock.
+Added: The shares of Series A Convertible Preferred Stock and Series B Preferred Stock rank prior to our common stock with respect to dividends, distributions and payments upon liquidation and have other terms that could negatively impact the value of shares of our common stock.
 In December 2019, we issued 400,000 shares of Series A Convertible Preferred Stock.
1 unchanged sentence
Further, on and after January 1, 2024, the holders of the Series A Convertible Preferred Stock will have the right to require us to purchase outstanding shares of Series A Convertible Preferred Stock for an amount equal to $100 per share plus any accrued but unpaid dividends. This redemption right could expose us to a liquidity risk if we do not have sufficient cash resources at hand or are not able to find financing on sufficiently attractive terms to comply with our obligations to repurchase the Series A Convertible Preferred Stock upon exercise of such redemption right.
−Removed: In June and July 2021, we issued 3,188,533 shares of Series B Preferred Stock. 
−Removed: The rights of the holders of our Series B Preferred Stock with respect to dividends, distributions and payments upon liquidation rank junior to similar obligations to our holders of Series A Convertible Preferred Stock and senior to similar obligations to our holders of common stock. 
−Removed: Holders of the Series B Preferred Stock are entitled to receive dividends on each share of such stock equal to 7.625% per annum on the liquidation preference of $25.00 per share. 
−Removed: The dividends on the Series B Preferred Stock are cumulative and non-compounding and must be paid before we pay any dividends on the common stock. 
+Added: In June and July 2021, we issued 3,188,533 shares of Series B Preferred Stock. The rights of the holders of our Series B Preferred Stock with respect to dividends, distributions and payments upon liquidation rank junior to similar obligations to our holders of Series A Convertible Preferred Stock and senior to similar obligations to our holders of common stock. Holders of the Series B Preferred Stock are entitled to receive dividends on each share of such stock equal to 7.625% per annum on the liquidation preference of $25.00 per share. The dividends on the Series B Preferred Stock are cumulative and non-compounding and must be paid before we pay any dividends on the common stock. 
In the event of our liquidation, dissolution or the winding up of our affairs, the holders of our Series A Convertible Preferred Stock and Series B Preferred Stock have the right to receive a liquidation preference entitling them to be paid out of our assets generally available for distribution to our equity holders and before any payment may be made to holders of our common stock.
87 unchanged sentences
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.