-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, Irg06OtNa9KsldvFJ3VlFMuvxYuCm1LTY9OZMhYYkwuxTnlby9NIhrDheWptQ0uL Fegu6nuHe82yzYgCWqjOHg== 0000950123-07-003886.txt : 20070315 0000950123-07-003886.hdr.sgml : 20070315 20070315113841 ACCESSION NUMBER: 0000950123-07-003886 CONFORMED SUBMISSION TYPE: 10-D PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20070224 FILED AS OF DATE: 20070315 DATE AS OF CHANGE: 20070315 FILER: COMPANY DATA: COMPANY CONFORMED NAME: AMERICAN EXPRESS RECEIVABLES FINANCING CORP IV LLC CENTRAL INDEX KEY: 0001283435 STANDARD INDUSTRIAL CLASSIFICATION: ASSET-BACKED SECURITIES [6189] IRS NUMBER: 000000000 FILING VALUES: FORM TYPE: 10-D SEC ACT: 1934 Act SEC FILE NUMBER: 333-113579-01 FILM NUMBER: 07695542 BUSINESS ADDRESS: STREET 1: 4135 SOUTH 2700 WEST CITY: SALT LAKE CITY STATE: UT ZIP: 84184 BUSINESS PHONE: 8015655023 MAIL ADDRESS: STREET 1: 4135 SOUTH 2700 WEST CITY: SALT LAKE CITY STATE: UT ZIP: 84184 FILER: COMPANY DATA: COMPANY CONFORMED NAME: AMERICAN EXPRESS RECEIVABLES FINANCING CORP III LLC CENTRAL INDEX KEY: 0001283434 STANDARD INDUSTRIAL CLASSIFICATION: ASSET-BACKED SECURITIES [6189] IRS NUMBER: 000000000 FILING VALUES: FORM TYPE: 10-D SEC ACT: 1934 Act SEC FILE NUMBER: 333-113579-02 FILM NUMBER: 07695543 BUSINESS ADDRESS: STREET 1: 4135 SOUTH 2700 WEST CITY: SALT LAKE CITY STATE: UT ZIP: 84184 BUSINESS PHONE: 8015655023 MAIL ADDRESS: STREET 1: 4135 SOUTH 2700 WEST CITY: SALT LAKE CITY STATE: UT ZIP: 84184 FILER: COMPANY DATA: COMPANY CONFORMED NAME: AMERICAN EXPRESS RECEIVABLES FINANCING CORP II CENTRAL INDEX KEY: 0000949349 STANDARD INDUSTRIAL CLASSIFICATION: ASSET-BACKED SECURITIES [6189] IRS NUMBER: 133854638 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 10-D SEC ACT: 1934 Act SEC FILE NUMBER: 000-21424-04 FILM NUMBER: 07695544 BUSINESS ADDRESS: STREET 1: WORLD FINANCIAL CENTER STREET 2: AMERICAN EXPRESS TOWER 200 VESEY ST CITY: NEW YORK STATE: NY ZIP: 10285 BUSINESS PHONE: 2126402000 MAIL ADDRESS: STREET 1: WORLD FINANCIAL CENTER STREET 2: AMERICAN EXPRESS TOWER 200 VESEY ST CITY: NEW YORK STATE: NY ZIP: 10285 FILER: COMPANY DATA: COMPANY CONFORMED NAME: AMERICAN EXPRESS CREDIT ACCOUNT MASTER TRUST CENTRAL INDEX KEY: 0001003509 STANDARD INDUSTRIAL CLASSIFICATION: ASSET-BACKED SECURITIES [6189] IRS NUMBER: 000000000 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 10-D SEC ACT: 1934 Act SEC FILE NUMBER: 000-20787-07 FILM NUMBER: 07695545 BUSINESS ADDRESS: STREET 1: 6985 UNION PARK CENTER CITY: MIDVALE STATE: UT ZIP: 84047 BUSINESS PHONE: 8015655000 MAIL ADDRESS: STREET 1: 4315 SOUTH 2700 WEST CITY: SALT LAKE CITY STATE: UT ZIP: 84184 10-D 1 y31859e10vd.htm FORM 10-D e10vd
Table of Contents

 
 
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 10-D
ASSET-BACKED ISSUER
DISTRIBUTION REPORT PURSUANT TO SECTION 13 OR 15(d) OF
THE SECURITIES EXCHANGE ACT OF 1934
For the monthly distribution period from January 26, 2007 to February 24, 2007
Commission File Number of issuing entity:
000-20787-07, 333-130508-01
AMERICAN EXPRESS CREDIT ACCOUNT MASTER TRUST
(Exact name of issuing entity as specified in its charter)
         
Commission File Number
of Depositor: 		  Commission File Number
of Depositor: 		  Commission File Number
of Depositor:
         
000-21424-04, 333-130508-03   333-113579-02, 333-130508   333-113579-01, 333-130508-02
         
American Express
Receivables Financing
Corporation II 		  American Express
Receivables Financing
Corporation III LLC 		  American Express
Receivables Financing
Corporation IV LLC
         
(Exact name of depositor
as specified in its charter) 		  (Exact name of depositor
as specified in its charter) 		  (Exact name of depositor
as specified in its charter)
         
13-3854638   20-0942395   20-0942445
         
(I.R.S. Employer
Identification Number
of depositor) 		  (I.R.S. Employer
Identification Number
of depositor) 		  (I.R.S. Employer
Identification Number
of depositor)
     
American Express
Centurion Bank 		  American Express
Bank, FSB
     
(Exact name of sponsor as
specified in its charter) 		  (Exact name of sponsor as
specified in its charter)
     
Delaware   Not Applicable
     
State or other jurisdiction of
incorporation or organization of
the issuing entity 		  (I.R.S. Employer
Identification Number of
the issuing entity
     
c/o The Bank of New York    
101 Barclay Street, New York   10286
     
(Address of the principal executive
offices of the issuing entity) 		  (Zip Code)
(Telephone number, including area code)
Not Applicable
(Former name, former address, if changed since last report)
Each class of Series A and Series B Asset Backed Certificates to which this report on Form 10-D relates is subject to the reporting requirements of Section 15(d) of the Securities Exchange Act of 1934.
Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes þ No o
 
 

 

TABLE OF CONTENTS

PART I — DISTRIBUTION INFORMATION
Item 1. Distribution and Pool Performance Information
PART II — OTHER INFORMATION
Item 9. Exhibits.
SIGNATURES
EX-99: MONTHLY SERVICER'S CERTIFICATE

Table of Contents

PART I — DISTRIBUTION INFORMATION
Item 1. Distribution and Pool Performance Information.
The information required by Item 1121 of Regulation AB is contained in the distribution report attached hereto as Exhibit 99.
PART II — OTHER INFORMATION
Item 9. Exhibits.
             
    Exhibit No.   Description
 
    99     Monthly Servicer’s Certificate for the Monthly Period ending February 24, 2007 and the related payment dates.

 

Table of Contents

SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.
Date: March 15, 2007
             
    American Express Receivables Financing
Corporation II,
Depositor
 
            
 
  By:   /s/ Maureen Ryan    
 
           
 
  Name:   Maureen Ryan    
 
  Title:   President    
 
            
    American Express Receivables Financing
Corporation III LLC,
Depositor
 
            
 
  By:   /s/ Catherine M. Hogan    
 
           
 
  Name:   Catherine M. Hogan    
 
  Title:   President    
 
            
    American Express Receivables Financing
Corporation IV LLC,
Depositor
 
 
  By:   /s/ Robert Radle    
 
           
 
  Name:   Robert Radle    
 
  Title:   President    

 

EX-99 2 y31859exv99.htm EX-99: MONTHLY SERVICER'S CERTIFICATE EX-99
 

MONTHLY SERVICER’S CERTIFICATE
AMERICAN EXPRESS TRAVEL RELATED SERVICES COMPANY, INC.
 
AMERICAN EXPRESS CREDIT ACCOUNT MASTER TRUST
 
The undersigned, a duly authorized representative of American Express Travel Related Services Company, Inc., as Servicer (“TRS”), pursuant to the Pooling and Servicing Agreement, dated as of May 16, 1996 (as amended and supplemented, the “Agreement”), as supplemented by the Series Supplements (as amended and supplemented, the “Series Supplements”), among TRS, as Servicer, American Express Receivables Financing Corporation II, American Express Receivables Financing Corporation III LLC and American Express Receivables Financing Corporation IV LLC, as Transferors, and The Bank of New York, as Trustee, does hereby certify as follows:
1.   Capitalized terms used in this Certificate have their respective meanings as set forth in the Agreement or the Series Supplements, as applicable.
 
2.   TRS is, as of the date hereof, the Servicer under the Agreement.
 
3.   The undersigned is a Servicing Officer.
 
4.   This Certificate relates to the Distribution Date occurring on March 15, 2007 and covers activity from January 26, 2007 through February 24, 2007.
 
5.   As of the date hereof, to the best knowledge of the undersigned, the Servicer has performed in all material respects all its obligations under the Agreement through the Monthly Period preceding such Distribution Date.
 
6.   As of the date hereof, to the best knowledge of the undersigned, no Pay Out Event occurred on or prior to such Distribution date.
 
    IN WITNESS WHEREOF, the undersigned has duly executed and delivered this Certificate this 12th day of March.
         
    AMERICAN EXPRESS TRAVEL RELATED SERVICES COMPANY, INC., as Servicer
 
        
 
  By:   /s/ Stephen J. Bakonyi
 
       
 
  Name:   Stephen J. Bakonyi
 
  Title:   Vice President
 
      ABS Operations

 

 

I. Monthly Period Trust Activity
         
A. Trust Activity
      Trust Totals
         
Record Date
   February 28, 2007
Number of days in period
     30  
Beginning Number of Accounts
     24,149,696  
Beginning Principal Receivable Balance, including any additions or removals during the monthly period
     32,490,676,732.26  
a. Addition of Principal Receivables
     0.00  
b. Removal of Principal Receivables
     0.00  
Special Funding Account Balance
     0.00  
Beginning Total Principal Balance
     32,490,676,732.26  
Finance Charge Collections (excluding Recoveries)
     596,843,477.54  
Recoveries
     21,100,040.02  
Total Collections of Finance Charge Receivables
     617,943,517.56  
Total Collections of Principal Receivables
     7,913,263,515.54  
Monthly Payment Rate
     24.3555 %
Defaulted amount
     98,653,411.24  
Annualized Default Rate
     3.7278 %
Trust Portfolio Yield
     19.4457 %
New Principal Receivables
     7,719,463,374.85  
Ending Number of Accounts
     24,488,435  
Ending Principal Receivables Balance
     32,198,223,180.33  
Ending Required Minimum Principal Balance
     21,667,500,000.00  
Ending Transferor Amount
     11,948,223,180.33  
Ending Special Funding Account Balance
     0.00  
Ending Total Principal Balance
     32,198,223,180.33  

- 2 -

 

B. Series Allocations
                                                                         
                    Principal   Series           Series           Series   Series
            Adjusted   Funding   Required   Series   Allocable   Series   Allocable   Allocable
            Invested   Account   Transferor   Allocation   Finance Charge   Allocable   Principal   Defaulted
    Invested Amount   Amount   Balance   Amount   Percentage   Collections   Recoveries   Collections   Amount
Group 1
                                                                        
2004-3
     600,000,000.00       600,000,000.00       0.00       42,000,000.00       2.96 %     18,309,437.56       625,186.37       234,467,067.13       2,923,064.04  
2006-2
     500,000,000.00       500,000,000.00       0.00       35,000,000.00       2.47 %     15,257,864.63       520,988.64       195,389,222.61       2,435,886.70  
 
                                                                        
Group 1 Total           1,100,000,000.00       0.00       77,000,000.00       5.43 %     33,567,302.19       1,146,175.01       429,856,289.74       5,358,950.74  
Group 2
                                                                        
2001-5
     500,000,000.00       500,000,000.00       0.00       35,000,000.00       2.47 %     15,257,864.63       520,988.64       195,389,222.61       2,435,886.70  
2002-2
     940,000,000.00       940,000,000.00       0.00       65,800,000.00       4.64 %     28,684,785.51       979,458.65       367,331,738.50       4,579,466.99  
2002-3
     920,000,000.00       920,000,000.00       0.00       64,400,000.00       4.54 %     28,074,470.92       958,619.10       359,516,169.59       4,482,031.52  
2002-5
     600,000,000.00       600,000,000.00       0.00       42,000,000.00       2.96 %     18,309,437.56       625,186.37       234,467,067.13       2,923,064.04  
2002-6
     720,000,000.00       720,000,000.00       0.00       50,400,000.00       3.56 %     21,971,325.07       750,223.65       281,360,480.55       3,507,676.84  
2003-1
     920,000,000.00       920,000,000.00       0.00       64,400,000.00       4.54 %     28,074,470.92       958,619.10       359,516,169.59       4,482,031.52  
2003-2
     1,100,000,000.00       1,100,000,000.00       0.00       77,000,000.00       5.43 %     33,567,302.19       1,146,175.01       429,856,289.73       5,358,950.73  
2003-3
     750,000,000.00       750,000,000.00       0.00       52,500,000.00       3.70 %     22,886,796.95       781,482.96       293,083,833.91       3,653,830.05  
2004-1
     800,000,000.00       800,000,000.00       0.00       56,000,000.00       3.95 %     24,412,583.41       833,581.83       312,622,756.17       3,897,418.72  
2004-2
     400,000,000.00       400,000,000.00       0.00       28,000,000.00       1.98 %     12,206,291.70       416,790.91       156,311,378.08       1,948,709.36  
2004-4
     1,100,000,000.00       1,100,000,000.00       0.00       77,000,000.00       5.43 %     33,567,302.19       1,146,175.01       429,856,289.73       5,358,950.73  
2004-5
     1,000,000,000.00       1,000,000,000.00       0.00       70,000,000.00       4.94 %     30,515,729.26       1,041,977.28       390,778,445.21       4,871,773.39  
2005-1
     600,000,000.00       600,000,000.00       0.00       42,000,000.00       2.96 %     18,309,437.56       625,186.37       234,467,067.13       2,923,064.04  
2005-2
     600,000,000.00       600,000,000.00       0.00       42,000,000.00       2.96 %     18,309,437.56       625,186.37       234,467,067.13       2,923,064.04  
2005-3
     700,000,000.00       700,000,000.00       0.00       49,000,000.00       3.46 %     21,361,010.48       729,384.10       273,544,911.65       3,410,241.38  
2005-4
     500,000,000.00       500,000,000.00       0.00       35,000,000.00       2.47 %     15,257,864.63       520,988.64       195,389,222.61       2,435,886.70  
2005-5
     1,100,000,000.00       1,100,000,000.00       0.00       77,000,000.00       5.43 %     33,567,302.19       1,146,175.01       429,856,289.73       5,358,950.73  
2005-6
     700,000,000.00       700,000,000.00       0.00       49,000,000.00       3.46 %     21,361,010.48       729,384.10       273,544,911.65       3,410,241.38  
2005-7
     700,000,000.00       700,000,000.00       0.00       49,000,000.00       3.46 %     21,361,010.48       729,384.10       273,544,911.65       3,410,241.38  
2005-8
     500,000,000.00       500,000,000.00       0.00       35,000,000.00       2.47 %     15,257,864.63       520,988.64       195,389,222.61       2,435,886.70  
2006-1
     1,000,000,000.00       1,000,000,000.00       0.00       70,000,000.00       4.94 %     30,515,729.26       1,041,977.28       390,778,445.21       4,871,773.39  
2006-3
     600,000,000.00       600,000,000.00       0.00       42,000,000.00       2.96 %     18,309,437.56       625,186.37       234,467,067.13       2,923,064.04  
2006-A
     700,000,000.00       700,000,000.00       0.00       49,000,000.00       3.46 %     21,361,010.48       729,384.10       273,544,911.65       3,410,241.38  
2006-B
     700,000,000.00       700,000,000.00       0.00       49,000,000.00       3.46 %     21,361,010.48       729,384.10       273,544,911.65       3,410,241.38  
2007-1
     500,000,000.00       500,000,000.00       0.00       35,000,000.00       2.47 %     15,257,864.63       520,988.64       195,389,222.61       2,435,886.70  
2007-2
     500,000,000.00       500,000,000.00       0.00       35,000,000.00       2.47 %     15,257,864.63       520,988.64       195,389,222.61       2,435,886.70  
 
                                                                        
Group 2 Total     19,150,000,000.00       0.00       1,340,500,000.00       94.57 %     584,376,215.36       19,953,864.97       7,483,407,225.82       93,294,460.53  
 
                                                                        
Trust Total
             20,250,000,000.00       0.00       1,417,500,000.00       100.00 %     617,943,517.55       21,100,039.98       7,913,263,515.56       98,653,411.27  

- 3 -

 

C. Group Allocations
                                                                                 
                                                            Reallocated        
            Investor                                           Investor   Investment    
            Finance   Investor   Investor   Investor   Investor           Finance   Funding    
            Charge   Monthly   Default   Monthly   Additional           Charge   Account    
    Invested Amount   Collections   Interest   Amount   Fees   Amounts   Total   Collections   Proceeds   Available Excess
Group 1
                                                                                
2004-3
     600,000,000.00       11,411,461.62       2,222,160.00       1,821,816.37       1,000,000.00       0.00       5,043,976.37       11,198,352.53       0.00       6,154,376.16  
2006-2
     500,000,000.00       9,509,551.35       2,242,500.00       1,518,180.31       833,333.33       0.00       4,594,013.64       9,722,660.44       0.00       5,128,646.80  
 
                                                                                
Group 1 Total   1,100,000,000.00       20,921,012.97       4,464,660.00       3,339,996.68       1,833,333.33       0.00       9,637,990.01       20,921,012.97       0.00       11,283,022.96  
 
                                                                                
Group 2
                                                                                
2001-5
     500,000,000.00       9,509,551.35       2,159,111.11       1,518,180.31       833,333.34       0.00       4,510,624.76       9,549,068.30       0.00       5,038,443.54  
2002-2
     940,000,000.00       17,893,489.33       4,013,397.89       2,854,178.98       1,566,666.66       0.00       8,434,243.53       17,906,517.38       0.00       9,487,806.64  
2002-3
     920,000,000.00       17,512,776.78       3,927,434.00       2,793,451.77       1,533,333.34       0.00       8,254,219.11       17,524,955.22       0.00       9,285,938.41  
2002-5
     600,000,000.00       11,411,461.62       2,587,083.33       1,821,816.37       1,000,000.00       0.00       5,408,899.70       11,455,031.94       0.00       6,046,132.24  
2002-6
     720,000,000.00       13,693,753.94       3,090,640.00       2,186,179.64       1,200,000.00       0.00       6,476,819.64       13,732,178.33       0.00       7,255,358.69  
2003-1
     920,000,000.00       17,497,574.48       3,928,578.89       2,793,451.77       1,533,333.34       0.00       8,255,364.00       17,526,100.11       0.00       9,270,736.11  
2003-2
     1,100,000,000.00       20,921,012.97       4,695,160.56       3,339,996.68       1,833,333.34       0.00       9,868,490.58       20,953,066.36       0.00       11,084,575.78  
2003-3
     750,000,000.00       14,264,327.03       3,200,312.50       2,277,270.47       1,250,000.00       0.00       6,727,582.97       14,285,248.27       0.00       7,557,665.30  
2004-1
     800,000,000.00       15,215,282.16       3,394,253.33       2,429,088.50       1,333,333.33       0.00       7,156,675.16       15,218,184.82       0.00       8,061,509.66  
2004-2
     400,000,000.00       7,607,641.08       1,726,666.67       1,214,544.25       666,666.67       0.00       3,607,877.59       7,638,632.42       0.00       4,030,754.83  
2004-4
     1,100,000,000.00       20,921,012.97       4,670,007.22       3,339,996.68       1,833,333.33       0.00       9,843,337.23       20,927,913.01       0.00       11,084,575.78  
2004-5
     1,000,000,000.00       19,019,102.70       4,243,011.11       3,036,360.61       1,666,666.67       0.00       8,946,038.39       19,022,925.46       0.00       10,076,887.07  
2005-1
     600,000,000.00       11,411,461.62       2,512,416.67       1,821,816.37       1,000,000.00       0.00       5,334,233.04       11,380,365.28       0.00       6,046,132.24  
2005-2
     600,000,000.00       11,411,461.62       2,552,013.33       1,821,816.37       1,000,000.00       0.00       5,373,829.70       11,419,961.94       0.00       6,046,132.24  
2005-3
     700,000,000.00       13,313,371.89       2,914,411.11       2,125,452.43       1,166,666.67       0.00       6,206,530.21       13,260,351.16       0.00       7,053,820.95  
2005-4
     500,000,000.00       9,509,551.35       2,113,611.11       1,518,180.31       833,333.33       0.00       4,465,124.75       9,503,568.29       0.00       5,038,443.54  
2005-5
     1,100,000,000.00       20,921,012.97       4,616,321.11       3,339,996.68       1,833,333.33       0.00       9,789,651.12       20,874,226.90       0.00       11,084,575.78  
2005-6
     700,000,000.00       13,313,371.89       2,914,411.11       2,125,452.43       1,166,666.67       0.00       6,206,530.21       13,260,351.16       0.00       7,053,820.95  
2005-7
     700,000,000.00       13,313,371.89       2,959,382.22       2,125,452.43       1,166,666.67       0.00       6,251,501.32       13,305,322.27       0.00       7,053,820.95  
2005-8
     500,000,000.00       9,509,551.35       2,095,138.89       1,518,180.31       833,333.33       0.00       4,446,652.53       9,485,096.07       0.00       5,038,443.54  
2006-1
     1,000,000,000.00       19,019,102.70       4,185,027.78       3,036,360.61       1,666,666.67       0.00       8,888,055.06       18,964,942.13       0.00       10,076,887.07  
2006-3
     600,000,000.00       11,411,461.62       2,506,420.00       1,821,816.37       1,000,000.00       0.00       5,328,236.37       11,374,368.61       0.00       6,046,132.24  
2006-A
     700,000,000.00       13,313,371.89       2,907,660.00       2,125,452.43       1,166,666.67       0.00       6,199,779.10       13,253,600.05       0.00       7,053,820.95  
2006-B
     700,000,000.00       13,313,371.89       2,934,963.89       2,125,452.43       1,166,666.67       0.00       6,227,082.99       13,280,903.94       0.00       7,053,820.95  
2007-1
     500,000,000.00       9,509,551.35       2,159,372.22       1,518,180.31       833,333.33       0.00       4,510,885.86       9,549,329.40       0.00       5,038,443.54  
2007-2
     500,000,000.00       9,509,551.35       2,173,650.70       1,518,180.31       833,333.33       0.00       4,525,164.34       9,563,607.88       0.00       5,038,443.54  
 
                                                                                
Group 2 Total     19,150,000,000.00       364,246,551.79       81,180,456.75       58,146,305.82       31,916,666.69       0.00       171,243,429.26       364,215,816.70       0.00       193,003,122.53  
                         
    Group Investor Finance Charge           Reallocable Investor Finance
    Collections   Group Expenses   Charge Collections
Group 1
     20,921,012.97       9,637,990.01       11,283,022.96  
Group 2
     364,215,816.70       171,243,429.26       192,972,387.44  

- 4 -

 

D. Trust Performance
Delinquencies:
         
31-60 Days Delinquent:
     307,953,305  
61-90 Days Delinquent:
     176,327,659  
90+ Days Delinquent:
     338,560,925  
Total 30+ Days Delinquent:
     822,841,889  

- 5 -

 

Series 2001-5 Certificates
A. Investor/Transferor Allocations
                         
            Total Investor        
    Series Allocations     Interest     Transferors Interest  
Beginning Invested /Transferor Amount
     802,238,931.66       500,000,000.00       302,238,931.66  
Beginning Adjusted Invested Amount
     N/A       500,000,000.00       N/A  
Floating Allocation Percentage
     N/A       62.3256 %     37.6744 %
Principal Allocation Percentage
     N/A       62.3256 %     37.6744 %
Collections of Finance Chg. Receivables
     15,257,864.63       9,509,551.35       5,748,313.28  
Collections of Principal Receivables
     195,389,222.61       121,777,449.90       73,611,772.71  
Defaulted Amount
     2,435,886.70       1,518,180.31       917,706.39  
 
Ending Invested / Transferor Amounts
     795,017,856.30       500,000,000.00       295,017,856.30  
B. Monthly Period Funding Requirements
                                 
    Class A     Class B     Collateral Interest     Total  
Principal Funding Account
     0.00       0.00       0.00       0.00  
Investment Proceeds for Monthly Period
     0.00       0.00       0.00       0.00  
Reserve Account Opening Balance
     0.00       0.00       0.00       0.00  
Reserve Account Deposit
     0.00       0.00       0.00       0.00  
Reserve Draw Amount
     0.00       0.00       0.00       0.00  
Reserve Account Surplus
     0.00       0.00       0.00       0.00  
Reserve Account Closing Balance
     0.00       0.00       0.00       0.00  
 
                                
LIBOR Determination Date
   February 13, 2007     February 13, 2007     February 13, 2007          
Coupon February 15, 2007 - March 14, 2007
     5.5000 %     5.7700 %     5.8200 %        
 
     1,764,583.33       179,511.11       215,016.67       2,159,111.11  
 
                                
Monthly Interest Due
                                
Outstanding Monthly Interest Due
     0.00       0.00       0.00       0.00  
Additional Interest Due
     0.00       0.00       0.00       0.00  
Total Interest Due
     1,764,583.33       179,511.11       215,016.67       2,159,111.11  
Investor Default Amount
     1,252,498.76       121,454.42       144,227.13       1,518,180.31  
Investor Monthly Fees Due
     687,500.00       66,666.67       79,166.67       833,333.34  
Investor Additional Amounts Due
     0.00       0.00       0.00       0.00  
Total Due
     3,704,582.09       367,632.20       438,410.47       4,510,624.76  
 
                                
Reallocated Investor Finance Charge Collections
                             9,549,068.30  
Interest and Principal Funding Investment Proceeds
                             0.00  
Interest on Reserve Account
                             0.00  
Series Adjusted Portfolio Yield
                             19.5418 %
Base Rate
                             7.8017 %
Excess Spread Percentage
                             12.0923 %
C. Certificates — Balances and Distributions
                                 
    Class A     Class B     Collateral Interest     Total  
Beginning Certificates Balance
     412,500,000.00       40,000,000.00       47,500,000.00       500,000,000.00  
Interest Distributions
     1,764,583.33       179,511.11       215,016.67       2,159,111.11  
Principal Deposits — Prin. Funding Account
     0.00       0.00       0.00       0.00  
Principal Distributions
     0.00       0.00       0.00       0.00  
Total Distributions
     1,764,583.33       179,511.11       215,016.67       2,159,111.11  
Ending Certificates Balance
     412,500,000.00       40,000,000.00       47,500,000.00       500,000,000.00  

- 6 -

 

                     
D.   Information regarding distributions on the Distribution Date in respect of the Class A Certificates per $1,000 original certificate principal amount.        
   
 
                
    1.   Total amount of the distribution:   $ 4.28  
   
 
                
    2.   Amount of the distribution in respect of Class A Monthly Interest:   $ 4.28  
   
 
                
    3.   Amount of the distribution in respect of Class A Outstanding Monthly Interest:   $ 0.00  
   
 
                
    4.   Amount of the distribution in respect of Class A Additional Interest:   $ 0.00  
   
 
                
    5.   Amount of the distribution in respect of Class A Principal:   $ 0.00  
   
 
                
E.   Class A Investor Charge-Offs and Reimbursement of Class A Investor Charge-Offs on such Distribution Date.        
   
 
                
    1.   Total amount of Class A Investor Charge-Offs:   $ 0.00  
   
 
                
    2.   Amount of Class A Investor Charge-Offs per $1,000 original certificate principal amount:   $ 0.00  
   
 
                
    3.   Total amount reimbursed in respect of Class A Investor Charge-Offs:   $ 0.00  
   
 
                
    4.   Amount reimbursed in respect of Class A Investor Charge-Offs per $1,000 original certificate principal amount:   $ 0.00  
   
 
                
    5.   The amount, if any, by which the outstanding principal balance of the Class A Certificates exceeds the Class A Invested Amount after giving effect to all transactions on such Distribution Date:   $ 0.00  
   
 
                
F.   Information regarding distributions in respect of the Class B Certificates, per $1,000 original certificate principal amount.        
   
 
                
    1.   The total amount of the distribution:   $ 4.49  
   
 
                
    2.   Amount of the distribution in respect of Class B Monthly Interest:   $ 4.49  
   
 
                
    3.   Amount of the distribution in respect of Class B Outstanding Monthly Interest:   $ 0.00  

- 7 -

 

                     
    4.   Amount of the distribution in respect of Class B Additional Interest:   $ 0.00  
   
 
                
    5.   Amount of the distribution in respect of Class B Principal:   $ 0.00  
   
 
                
G.   Amount of reductions in Class B Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Class B Invested Amount on such Distribution Date.        
   
 
                
    1.   The amount of reductions in Class B Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Class B Invested Amount:   $ 0.00  
   
 
                
    2.   The amount of reductions in the Class B Invested Amount set forth in paragraph 1 above, per $1,000 original certificate principal amount:   $ 0.00  
   
 
                
    3.   The total amount reimbursed in respect of such reductions in the Class B Invested Amount:   $ 0.00  
   
 
                
    4.   The amount set forth in paragraph 3 above, per $1,000 original certificate principal amount:   $ 0.00  
   
 
                
    5.   The amount, if any, by which the outstanding principal balance of the Class B Certificates exceeds the Class B Invested Amount after giving effect to all transactions on such Distribution Date:   $ 0.00  
   
 
                
H.   Information regarding distributions on the Distribution Date to the Collateral Interest Holder.        
   
 
                
    1.   Total amount distributed to the Collateral Interest Holder:   $ 215,016.67  
   
 
                
    2.   Amount distributed in respect of Collateral Monthly Interest:   $ 215,016.67  
   
 
                
    3.   Amount distributed in respect of Collateral Additional Interest:   $ 0.00  

- 8 -

 

                     
    4.   The amount distributed to the Collateral Interest Holder in respect of principal on the Collateral Invested Amount:   $ 0.00  
   
 
                
I.   Amount of reductions in Collateral Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Collateral Invested Amount.        
   
 
                
    1.   The amount of reductions in the Collateral Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Collateral Invested Amount:   $ 0.00  
   
 
                
    2.   The total amount reimbursed in respect of such reductions in the Collateral Invested Amount:   $ 0.00  
   
 
                
J.   Application of Reallocated Investor Finance Charge Collections.        
   
 
                
    1.   Class A Available Funds:   $ 7,877,981.35  
 
   
 
  a.   Class A Monthly Interest:   $ 1,764,583.33  
   
 
  b.   Class A Outstanding Monthly Interest:   $ 0.00  
   
 
  c.   Class A Additional Interest:   $ 0.00  
   
 
  d.   Class A Investor Default Amount
(Treated as Available Principal Collections): 		  $ 1,252,498.76  
   
 
  e.   Excess Spread:   $ 4,860,899.26  
   
 
                
    2.   Class B Available Funds:   $ 763,925.46  
   
 
                
   
 
  a.   Class B Monthly Interest:   $ 179,511.11  
   
 
  b.   Class B Outstanding Monthly Interest:   $ 0.00  
   
 
  c.   Class B Additional Interest:   $ 0.00  
   
 
  d.   Excess Spread:   $ 584,414.35  
   
 
                
    3.   Collateral Available Funds:   $ 907,161.49  
   
 
                
   
 
  a.   Excess Spread:   $ 907,161.49  
   
 
                
    4.   Total Excess Spread:   $ 6,352,475.10  
   
 
                
K.   Reallocated Principal Collections.        
   
 
                
    1.   Principal Allocation Percentage:     62.3256 %
   
 
                
    2.   Series 2001-5 Allocable Principal Collections:   $ 195,389,222.61  
   
 
                
    3.   Principal Allocation Percentage of Series 2001-5 Allocable Principal Collections:   $ 121,777,449.90  

- 9 -

 

                     
    4.   Reallocated Principal Collections Required to fund the Required Amount:   $ 0.00  
   
 
                
    5.   Item 3 minus item 4:   $ 121,777,449.90  
   
 
                
    6.   Shared Principal Collections from other Series allocated to Series 2001-5:   $ 0.00  
   
 
                
    7.   Other amounts Treated as Available Principal
Collections:		   $ 1,518,180.31  
   
 
                
    8.   Available Principal Collections
(total of 5., 6. & 7.):		   $ 123,295,630.21  
   
 
                
L.   Application of Available Principal Collections during Revolving Period.        
   
 
                
    1.   Collateral Invested Amount:   $ 47,500,000.00  
   
 
                
    2.   Required Collateral Invested Amount:   $ 47,500,000.00  
   
 
                
    3.   Excess of Collateral Invested Amount over Required Collateral Invested Amount:   $ 0.00  
   
 
                
    4.   Treated as Shared Principal Collections:   $ 123,295,630.21  
   
 
                
M.   Application of Principal Collections During Accumulation or Amortization Period.        
   
 
                
    1.   Principal Funding Account:   $ 0.00  
   
 
                
    2.   Excess of Collateral Invested Amount over Required Collateral Invested Amount:   $ 0.00  
   
 
                
    3.   Principal Distribution:   $ 0.00  
   
 
                
    4.   Treated as Shared Principal Collections:   $ 0.00  
   
 
                
N.   Application of Excess Spread and Excess Finance Charge Collections Allocated to Series 2001-5.        
   
 
                
    1.   Excess Spread:   $ 6,352,475.10  
   
 
                
    2.   Excess Finance Charge Collections:   $ 0.00  
   
 
                
    3.   Applied to fund Class A Required Amount:   $ 0.00  
   
 
                
    4.   Class A Investor Charge-Offs treated as Available Principal Collections:   $ 0.00  

- 10 -

 

                     
    5.   Applied to fund Class B overdue Interest:   $ 0.00  
   
 
                
    6.   Applied to fund Class B Required Amount:   $ 121,454.42  
   
 
                
    7.   Reduction of Class B Invested Amount treated as Available Principal Collections:   $ 0.00  
   
 
                
    8.   Applied to Collateral Monthly Interest:   $ 215,016.67  
   
 
                
    9.   Applied to unpaid Monthly Servicing Fee:   $ 833,333.34  
   
 
                
    10.   Collateral Default Amount treated as Available Principal Collections:   $ 144,227.13  
   
 
                
    11.   Reduction of Collateral Invested Amount treated as Available Principal Collections:   $ 0.00  
   
 
                
    12.   Deposited to Reserve Account:   $ 0.00  
   
 
                
    13.   Applied to other amounts owed to Collateral Interest Holder:   $ 0.00  
   
 
                
    14.   Balance:   $ 5,038,443.54  
   
 
                
O.   Yield and Base Rate.        
   
 
                
    1.   Base Rate:        
   
 
                
   
 
  a.   Current Monthly Period:     7.8017 %
   
 
  b.   Prior Monthly Period:     7.6569 %
   
 
  c.   Second Prior Monthly Period:     7.5606 %
    2.   Three Month Average Base Rate:     7.6731 %
   
 
                
    3.   Series Adjusted Portfolio Yield:        
 
   
 
  a.   Current Monthly Period:     19.5418 %
   
 
  b.   Prior Monthly Period:     19.4120 %
   
 
  c.   Second Prior Monthly Period:     19.5989 %
    4.   Three Month Average Series Adjusted Portfolio Yield:     19.5176 %
 
   
 
                
    5.   Is the 3 month average series adjusted portfolio yield more than the 3 month average base rate:   Yes  

- 11 -

 

Series 2002-2 Certificates
A. Investor/Transferor Allocations
                         
            Total Investor        
    Series Allocations     Interest     Transferors Interest  
Beginning Invested /Transferor Amount
     1,508,209,191.52       940,000,000.00       568,209,191.52  
Beginning Adjusted Invested Amount
     N/A       940,000,000.00       N/A  
Floating Allocation Percentage
     N/A       62.3256 %     37.6744 %
Principal Allocation Percentage
     N/A       62.3256 %     37.6744 %
Collections of Finance Chg. Receivables
     28,684,785.51       17,893,489.33       10,806,828.97  
Collections of Principal Receivables
     367,331,738.50       228,941,605.80       138,390,132.70  
Defaulted Amount
     4,579,466.99       2,854,178.98       1,725,288.01  
 
Ending Invested / Transferor Amounts
     1,494,633,569.85       940,000,000.00       554,633,569.85  
B. Monthly Period Funding Requirements
                                 
    Class A     Class B     Collateral Interest     Total  
Principal Funding Account
     0.00       0.00       0.00       0.00  
Investment Proceeds for Monthly Period
     0.00       0.00       0.00       0.00  
Reserve Account Opening Balance
     3,877,500.00       0.00       0.00       3,877,500.00  
Reserve Account Deposit
     0.00       0.00       0.00       0.00  
Reserve Draw Amount
     0.00       0.00       0.00       0.00  
Reserve Account Surplus
     0.00       0.00       0.00       0.00  
Reserve Account Closing Balance
     3,877,500.00       0.00       0.00       3,877,500.00  
 
                                
LIBOR Determination Date
   February 13, 2007     February 13, 2007     February 13, 2007          
Coupon February 15, 2007 - March 14, 2007
     5.4300 %     5.7100 %     5.8200 %        
 
     3,275,195.00       333,971.56       404,231.33       4,013,397.89  
 
                                
Monthly Interest Due
                                
Outstanding Monthly Interest Due
     0.00       0.00       0.00       0.00  
Additional Interest Due
     0.00       0.00       0.00       0.00  
Total Interest Due
     3,275,195.00       333,971.56       404,231.33       4,013,397.89  
Investor Default Amount
     2,354,697.66       228,334.32       271,147.00       2,854,178.98  
Investor Monthly Fees Due
     1,292,500.00       125,333.33       148,833.33       1,566,666.66  
Investor Additional Amounts Due
     0.00       0.00       0.00       0.00  
Total Due
     6,922,392.66       687,639.21       824,211.66       8,434,243.53  
 
                                
Reallocated Investor Finance Charge Collections
                             17,906,517.38  
Interest and Principal Funding Investment Proceeds
                             0.00  
Interest on Reserve Account
                             15,532.79  
Series Adjusted Portfolio Yield
                             19.5027 %
Base Rate
                             7.7383 %
Excess Spread Percentage
                             12.1121 %
C. Certificates — Balances and Distributions
                                 
    Class A     Class B     Collateral Interest     Total  
Beginning Certificates Balance
     775,500,000.00       75,200,000.00       89,300,000.00       940,000,000.00  
Interest Distributions
     3,275,195.00       333,971.56       404,231.33       4,013,397.89  
Principal Deposits — Prin. Funding Account
     0.00       0.00       0.00       0.00  
Principal Distributions
     0.00       0.00       0.00       0.00  
Total Distributions
     3,275,195.00       333,971.56       404,231.33       4,013,397.89  
Ending Certificates Balance
     775,500,000.00       75,200,000.00       89,300,000.00       940,000,000.00  

- 12 -

 

                     
D.   Information regarding distributions on the Distribution Date in respect of the Class A Certificates per $1,000 original certificate principal amount.        
   
 
                
    1.   Total amount of the distribution:   $ 4.22  
   
 
                
    2.   Amount of the distribution in respect of Class A Monthly Interest:   $ 4.22  
   
 
                
    3.   Amount of the distribution in respect of Class A Outstanding Monthly Interest:   $ 0.00  
   
 
                
    4.   Amount of the distribution in respect of Class A Additional Interest:   $ 0.00  
   
 
                
    5.   Amount of the distribution in respect of Class A Principal:   $ 0.00  
   
 
                
E.   Class A Investor Charge-Offs and Reimbursement of Class A Investor Charge-Offs on such Distribution Date.        
   
 
                
    1.   Total amount of Class A Investor Charge-Offs:   $ 0.00  
   
 
                
    2.   Amount of Class A Investor Charge-Offs per $1,000 original certificate principal amount:   $ 0.00  
   
 
                
    3.   Total amount reimbursed in respect of Class A Investor Charge-Offs:   $ 0.00  
   
 
                
    4.   Amount reimbursed in respect of Class A Investor Charge-Offs per $1,000 original certificate principal amount:   $ 0.00  
   
 
                
    5.   The amount, if any, by which the outstanding principal balance of the Class A Certificates exceeds the Class A Invested Amount after giving effect to all transactions on such Distribution Date:   $ 0.00  
   
 
                
F.   Information regarding distributions in respect of the Class B Certificates, per $1,000 original certificate principal amount.        
   
 
                
    1.   The total amount of the distribution:   $ 4.44  
   
 
                
    2.   Amount of the distribution in respect of Class B Monthly Interest:   $ 4.44  
   
 
                
    3.   Amount of the distribution in respect of Class B Outstanding Monthly Interest:   $ 0.00  
   
 
                

- 13 -

 

                     
    4.   Amount of the distribution in respect of Class B Additional Interest:   $ 0.00  
   
 
                
    5.   Amount of the distribution in respect of Class B Principal:   $ 0.00  
   
 
                
G.   Amount of reductions in Class B Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Class B Invested Amount on such Distribution Date.        
   
 
                
    1.   The amount of reductions in Class B Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Class B Invested Amount:   $ 0.00  
   
 
                
    2.   The amount of reductions in the Class B Invested Amount set forth in paragraph 1 above, per $1,000 original certificate principal amount:   $ 0.00  
   
 
                
    3.   The total amount reimbursed in respect of such reductions in the Class B Invested Amount:   $ 0.00  
   
 
                
    4.   The amount set forth in paragraph 3 above, per $1,000 original certificate principal amount:   $ 0.00  
   
 
                
    5.   The amount, if any, by which the outstanding principal balance of the Class B Certificates exceeds the Class B Invested Amount after giving effect to all transactions on such Distribution Date:   $ 0.00  
   
 
                
H.   Information regarding distributions on the Distribution Date to the Collateral Interest Holder.        
   
 
                
    1.   Total amount distributed to the Collateral Interest Holder:   $ 404,231.33  
   
 
                
    2.   Amount distributed in respect of Collateral Monthly Interest:   $ 404,231.33  
   
 
                
    3.   Amount distributed in respect of Collateral Additional Interest:   $ 0.00  

- 14 -

 

                     
    4.   The amount distributed to the Collateral Interest Holder in respect of principal on the Collateral Invested Amount:   $ 0.00  
   
 
                
I.   Amount of reductions in Collateral Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Collateral Invested Amount.        
   
 
                
    1.   The amount of reductions in the Collateral Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Collateral Invested Amount:   $ 0.00  
   
 
                
    2.   The total amount reimbursed in respect of such reductions in the Collateral Invested Amount:   $ 0.00  
   
 
                
J.   Application of Reallocated Investor Finance Charge Collections.        
   
 
                
    1.   Class A Available Funds:   $ 14,785,691.39  
   
 
                
   
 
  a.   Class A Monthly Interest:   $ 3,275,195.00  
   
 
  b.   Class A Outstanding Monthly Interest:   $ 0.00  
   
 
  c.   Class A Additional Interest:   $ 0.00  
   
 
  d.   Class A Investor Default Amount
(Treated as Available Principal Collections): 		  $ 2,354,697.66  
   
 
  e.   Excess Spread:   $ 9,155,798.73  
   
 
                
    2.   Class B Available Funds:   $ 1,433,764.01  
   
 
                
   
 
  a.   Class B Monthly Interest:   $ 333,971.56  
   
 
  b.   Class B Outstanding Monthly Interest:   $ 0.00  
   
 
  c.   Class B Additional Interest:   $ 0.00  
   
 
  d.   Excess Spread:   $ 1,099,792.45  
   
 
                
    3.   Collateral Available Funds:   $ 1,702,594.77  
   
 
                
   
 
  a.   Excess Spread:   $ 1,702,594.77  
   
 
                
    4.   Total Excess Spread:   $ 11,958,185.95  
   
 
                
K.   Reallocated Principal Collections.        
   
 
                
    1.   Principal Allocation Percentage:     62.3256 %
   
 
                
    2.   Series 2002-2 Allocable Principal Collections:   $ 367,331,738.50  
   
 
                
    3.   Principal Allocation Percentage of Series 2002-2 Allocable Principal Collections:   $ 228,941,605.80  

- 15 -

 

                     
    4.   Reallocated Principal Collections Required to fund the Required Amount:   $ 0.00  
   
 
                
    5.   Item 3 minus item 4:   $ 228,941,605.80  
   
 
                
    6.   Shared Principal Collections from other Series allocated to Series 2002-2:   $ 0.00  
   
 
                
    7.   Other amounts Treated as Available Principal
Collections:		   $ 2,854,178.98  
   
 
                
    8.   Available Principal Collections
(total of 5., 6. & 7.):		   $ 231,795,784.78  
   
 
                
   
 
                
L.   Application of Available Principal Collections during Revolving Period.        
   
 
                
    1.   Collateral Invested Amount:   $ 89,300,000.00  
   
 
                
    2.   Required Collateral Invested Amount:   $ 89,300,000.00  
   
 
                
    3.   Excess of Collateral Invested Amount over Required Collateral Invested Amount:   $ 0.00  
   
 
                
    4.   Treated as Shared Principal Collections:   $ 231,795,784.78  
   
 
                
M.   Application of Principal Collections During Accumulation or Amortization Period.        
   
 
                
    1.   Principal Funding Account:   $ 0.00  
   
 
                
    2.   Excess of Collateral Invested Amount over Required Collateral Invested Amount:   $ 0.00  
   
 
                
    3.   Principal Distribution:   $ 0.00  
   
 
                
    4.   Treated as Shared Principal Collections:   $ 0.00  
   
 
                
N.   Application of Excess Spread and Excess Finance Charge Collections Allocated to Series 2002-2.        
   
 
                
    1.   Excess Spread:   $ 11,958,185.95  
 
    2.   Excess Finance Charge Collections:   $ 0.00  

- 16 -

 

                     
    3.   Applied to fund Class A Required Amount:   $ 0.00  
    4.   Class A Investor Charge-Offs treated as Available Principal Collections:   $ 0.00  
    5.   Applied to fund Class B overdue Interest:   $ 0.00  
    6.   Applied to fund Class B Required Amount:   $ 228,334.32  
    7.   Reduction of Class B Invested Amount treated as Available Principal Collections:   $ 0.00  
    8.   Applied to Collateral Monthly Interest:   $ 404,231.33  
    9.   Applied to unpaid Monthly Servicing Fee:   $ 1,566,666.66  
    10.   Collateral Default Amount treated as
Available Principal Collections:		   $ 271,147.00  
    11.   Reduction of Collateral Invested Amount treated as Available Principal Collections:   $ 0.00  
    12.   Deposited to Reserve Account:   $ 0.00  
    13.   Applied to other amounts owed to Collateral Interest Holder:   $ 0.00  
    14.   Balance:   $ 9,487,806.64  
   
 
                
O.   Yield and Base Rate.        
   
 
                
    1.   Base Rate:        
   
 
  a.   Current Monthly Period:     7.7383 %
   
 
  b.   Prior Monthly Period:     7.5935 %
   
 
  c.   Second Prior Monthly Period:     7.4972 %
    2.   Three Month Average Base Rate:     7.6096 %
   
 
                
   
3.
  Series   Adjusted Portfolio Yield:        
   
 
  a.   Current Monthly Period:     19.5027 %
   
 
  b.   Prior Monthly Period:     19.3714 %
   
 
  c.   Second Prior Monthly Period:     19.5312 %
    4.   Three Month Average Series Adjusted Portfolio Yield:     19.4685 %
   
 
                
    5.   Is the 3 month average series adjusted portfolio yield more than the 3 month average base rate:   Yes  

- 17 -

 

Series 2002-3 Certificates
A. Investor/Transferor Allocations
                         
            Total Investor        
    Series Allocations     Interest     Transferors Interest  
Beginning Invested /Transferor Amount
     1,476,119,634.26       920,000,000.00       556,119,634.26  
Beginning Adjusted Invested Amount
     N/A       920,000,000.00       N/A  
Floating Allocation Percentage
     N/A       62.3256 %     37.6744 %
Principal Allocation Percentage
     N/A       62.3256 %     37.6744 %
Collections of Finance Chg. Receivables
     28,074,470.92       17,512,776.78       10,576,896.44  
Collections of Principal Receivables
     359,516,169.59       224,070,507.80       135,445,661.79  
Defaulted Amount
     4,482,031.52       2,793,451.77       1,688,579.75  
 
                        
Ending Invested / Transferor Amounts
     1,462,832,855.60       920,000,000.00       542,832,855.60  
B. Monthly Period Funding Requirements
                                 
    Class A     Class B     Collateral Interest     Total  
Principal Funding Account
     0.00       0.00       0.00       0.00  
Investment Proceeds for Monthly Period
     0.00       0.00       0.00       0.00  
Reserve Account Opening Balance
     3,795,000.00       0.00       0.00       3,795,000.00  
Reserve Account Deposit
     0.00       0.00       0.00       0.00  
Reserve Draw Amount
     0.00       0.00       0.00       0.00  
Reserve Account Surplus
     0.00       0.00       0.00       0.00  
Reserve Account Closing Balance
     3,795,000.00       0.00       0.00       3,795,000.00  
 
                                
LIBOR Determination Date
   February 13, 2007     February 13, 2007     February 13, 2007          
Coupon February 15, 2007 - March 14, 2007
     5.4300 %     5.7000 %     5.8200 %        
 
     3,205,510.00       326,293.33       395,630.67       3,927,434.00  
 
                                
Monthly Interest Due
                                
Outstanding Monthly Interest Due
     0.00       0.00       0.00       0.00  
Additional Interest Due
     0.00       0.00       0.00       0.00  
Total Interest Due
     3,205,510.00       326,293.33       395,630.67       3,927,434.00  
Investor Default Amount
     2,304,597.71       223,476.14       265,377.92       2,793,451.77  
Investor Monthly Fees Due
     1,265,000.00       122,666.67       145,666.67       1,533,333.34  
Investor Additional Amounts Due
     0.00       0.00       0.00       0.00  
Total Due
     6,775,107.71       672,436.14       806,675.26       8,254,219.11  
 
                                
Reallocated Investor Finance Charge Collections
                             17,524,955.22  
Interest and Principal Funding Investment Proceeds
                             0.00  
Interest on Reserve Account
                             15,202.30  
Series Adjusted Portfolio Yield
                             19.5020 %
Base Rate
                             7.7375 %
Excess Spread Percentage
                             12.1121 %
C. Certificates — Balances and Distributions
                                 
    Class A     Class B     Collateral Interest     Total  
Beginning Certificates Balance
     759,000,000.00       73,600,000.00       87,400,000.00       920,000,000.00  
Interest Distributions
     3,205,510.00       326,293.33       395,630.67       3,927,434.00  
Principal Deposits — Prin. Funding Account
     0.00       0.00       0.00       0.00  
Principal Distributions
     0.00       0.00       0.00       0.00  
Total Distributions
     3,205,510.00       326,293.33       395,630.67       3,927,434.00  
Ending Certificates Balance
     759,000,000.00       73,600,000.00       87,400,000.00       920,000,000.00  

- 18 -

 

                     
D.   Information regarding distributions on the Distribution Date in respect of the Class A Certificates per $1,000 original certificate principal amount.        
   
 
                
    1.   Total amount of the distribution:   $ 4.22  
   
 
                
    2.   Amount of the distribution in respect of Class A Monthly Interest:   $ 4.22  
   
 
                
    3.   Amount of the distribution in respect of Class A Outstanding Monthly Interest:   $ 0.00  
   
 
                
    4.   Amount of the distribution in respect of Class A Additional Interest:   $ 0.00  
   
 
                
    5.   Amount of the distribution in respect of Class A Principal:   $ 0.00  
   
 
                
E.   Class A Investor Charge-Offs and Reimbursement of Class A Investor Charge-Offs on such Distribution Date.        
   
 
                
    1.   Total amount of Class A Investor Charge-Offs:   $ 0.00  
   
 
                
    2.   Amount of Class A Investor Charge- Offs per $1,000 original certificate principal amount:   $ 0.00  
   
 
                
    3.   Total amount reimbursed in respect of Class A Investor Charge-Offs:   $ 0.00  
   
 
                
    4.   Amount reimbursed in respect of Class A Investor Charge-Offs per $1,000 original certificate principal amount:   $ 0.00  
   
 
                
    5.   The amount, if any, by which the outstanding principal balance of the Class A Certificates exceeds the Class A Invested Amount after giving effect to all transactions on such Distribution Date:   $ 0.00  
   
 
                
F.   Information regarding distributions in respect of the Class B Certificates, per $1,000 original certificate principal amount.        
   
 
                
    1.   The total amount of the distribution:   $ 4.43  
   
 
                
    2.   Amount of the distribution in respect of Class B Monthly Interest:   $ 4.43  
   
 
                
    3.   Amount of the distribution in respect of Class B Outstanding Monthly Interest:   $ 0.00  

- 19 -

 

                     
    4.   Amount of the distribution in respect of Class B Additional Interest:   $ 0.00  
   
 
                
    5.   Amount of the distribution in respect of Class B Principal:   $ 0.00  
   
 
                
G.   Amount of reductions in Class B Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Class B Invested Amount on such Distribution Date.        
   
 
                
    1.   The amount of reductions in Class B Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Class B Invested Amount:   $ 0.00  
   
 
                
    2.   The amount of reductions in the Class B Invested Amount set forth in paragraph 1 above, per $1,000 original certificate principal amount:   $ 0.00  
   
 
                
    3.   The total amount reimbursed in respect of such reductions in the Class B Invested Amount:   $ 0.00  
   
 
                
    4.   The amount set forth in paragraph 3 above, per $1,000 original certificate principal amount:   $ 0.00  
   
 
                
    5.   The amount, if any, by which the outstanding principal balance of the Class B Certificates exceeds the Class B Invested Amount after giving effect to all transactions on such Distribution Date:   $ 0.00  
   
 
                
H.   Information regarding distributions on the Distribution Date to the Collateral Interest Holder.        
   
 
                
    1.   Total amount distributed to the Collateral Interest Holder:   $ 395,630.67  
   
 
                
    2.   Amount distributed in respect of Collateral Monthly Interest:   $ 395,630.67  
   
 
                
    3.   Amount distributed in respect of Collateral Additional Interest:   $ 0.00  

- 20 -

 

                     
    4.   The amount distributed to the Collateral Interest Holder in respect of principal on the Collateral Invested Amount:   $ 0.00  
   
 
                
I.   Amount of reductions in Collateral Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Collateral Invested Amount.        
   
 
                
    1.   The amount of reductions in the Collateral Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Collateral Invested Amount:   $ 0.00  
   
 
                
    2.   The total amount reimbursed in respect of such reductions in the Collateral Invested Amount:   $ 0.00  
   
 
                
J.   Application of Reallocated Investor Finance Charge Collections.        
   
 
                
    1.   Class A Available Funds:   $ 14,470,629.95  
   
 
  a.   Class A Monthly Interest:   $ 3,205,510.00  
   
 
  b.   Class A Outstanding Monthly Interest:   $ 0.00  
   
 
  c.   Class A Additional Interest:   $ 0.00  
   
 
  d.   Class A Investor Default Amount
(Treated as Available Principal Collections): 		  $ 2,304,597.71  
   
 
  e.   Excess Spread:   $ 8,960,522.24  
   
 
                
    2.   Class B Available Funds:   $ 1,403,212.60  
   
 
                
   
 
  a.   Class B Monthly Interest:   $ 326,293.33  
   
 
  b.   Class B Outstanding Monthly Interest:   $ 0.00  
   
 
  c.   Class B Additional Interest:   $ 0.00  
   
 
  d.   Excess Spread:   $ 1,076,919.27  
   
 
                
    3.   Collateral Available Funds:   $ 1,666,314.96  
   
 
                
   
 
  a.   Excess Spread:   $ 1,666,314.96  
   
 
                
    4.   Total Excess Spread:   $ 11,703,756.47  
   
 
                
K.   Reallocated Principal Collections.        
   
 
                
    1.   Principal Allocation Percentage:     62.3256 %
   
 
                
    2.   Series 2002-3 Allocable Principal Collections:   $ 359,516,169.59  
   
 
                
    3.   Principal Allocation Percentage of Series 2002-3 Allocable Principal Collections:   $ 224,070,507.80  

- 21 -

 

                     
    4.   Reallocated Principal Collections Required to fund the Required Amount:   $ 0.00  
   
 
                
    5.   Item 3 minus item 4:   $ 224,070,507.80  
   
 
                
    6.   Shared Principal Collections from other Series allocated to Series 2002-3:   $ 0.00  
   
 
                
    7.   Other amounts Treated as Available Principal
Collections:		   $ 2,793,451.77  
   
 
                
    8.   Available Principal Collections
(total of 5., 6. & 7.):		   $ 226,863,959.57  
   
 
                
L.   Application of Available Principal Collections during Revolving Period.        
   
 
                
    1.   Collateral Invested Amount:   $ 87,400,000.00  
   
 
                
    2.   Required Collateral Invested Amount:   $ 87,400,000.00  
   
 
                
    3.   Excess of Collateral Invested Amount over Required Collateral Invested Amount:   $ 0.00  
   
 
                
    4.   Treated as Shared Principal Collections:   $ 226,863,959.57  
   
 
                
M.   Application of Principal Collections During Accumulation or Amortization Period.        
   
 
                
    1.   Principal Funding Account:   $ 0.00  
   
 
                
    2.   Excess of Collateral Invested Amount over Required Collateral Invested Amount:   $ 0.00  
   
 
                
    3.   Principal Distribution:   $ 0.00  
   
 
                
    4.   Treated as Shared Principal Collections:   $ 0.00  
   
 
                
N.   Application of Excess Spread and Excess Finance Charge Collections Allocated to Series 2002-3.        
   
 
                
    1.   Excess Spread:   $ 11,703,756.47  
    2.   Excess Finance Charge Collections:   $ 0.00  
    3.   Applied to fund Class A Required Amount:   $ 0.00  

- 22 -

 

                     
    4.   Class A Investor Charge-Offs treated as Available Principal Collections:   $ 0.00  
    5.   Applied to fund Class B overdue Interest:   $ 0.00  
    6.   Applied to fund Class B Required Amount:   $ 223,476.14  
    7.   Reduction of Class B Invested Amount treated as Available Principal Collections:   $ 0.00  
    8.   Applied to Collateral Monthly Interest:   $ 395,630.67  
    9.   Applied to unpaid Monthly Servicing Fee:   $ 1,533,333.34  
    10.   Collateral Default Amount treated as Available Principal Collections:   $ 265,377.92  
    11.   Reduction of Collateral Invested Amount treated as Available Principal Collections:   $ 0.00  
    12.   Deposited to Reserve Account:   $ 0.00  
    13.   Applied to other amounts owed to Collateral Interest Holder:   $ 0.00  
    14.   Balance:   $ 9,285,938.40  
   
 
                
O.   Yield and Base Rate.        
   
 
                
    1.   Base Rate:        
   
 
  a.   Current Monthly Period:     7.7375 %
   
 
  b.   Prior Monthly Period:     7.5927 %
   
 
  c.   Second Prior Monthly Period:     7.4963 %
    2.   Three Month Average Base Rate:     7.6088 %
   
 
                
    3.   Series Adjusted Portfolio Yield:        
   
 
  a.   Current Monthly Period:     19.5020 %
   
 
  b.   Prior Monthly Period:     19.3499 %
   
 
  c.   Second Prior Monthly Period:     19.5304 %
    4.   Three Month Average Series Adjusted Portfolio Yield:     19.4607 %
   
 
                
    5.   Is the 3 month average series adjusted portfolio yield more than the 3 month average base rate:   Yes  

- 23 -

 

Series 2002-5 Certificates
A. Investor/Transferor Allocations
                         
            Total Investor        
    Series Allocations     Interest     Transferors Interest  
Beginning Invested /Transferor Amount
     962,686,717.99       600,000,000.00       362,686,717.99  
Beginning Adjusted Invested Amount
     N/A       600,000,000.00       N/A  
Floating Allocation Percentage
     N/A       62.3256 %     37.6744 %
Principal Allocation Percentage
     N/A       62.3256 %     37.6744 %
Collections of Finance Chg. Receivables
     18,309,437.56       11,411,461.62       6,897,975.94  
Collections of Principal Receivables
     234,467,067.13       146,132,939.87       88,334,127.26  
Defaulted Amount
     2,923,064.04       1,821,816.37       1,101,247.67  
 
Ending Invested / Transferor Amounts
     954,021,427.57       600,000,000.00       354,021,427.57  
B. Monthly Period Funding Requirements
                                 
    Class A     Class B     Collateral Interest     Total  
Principal Funding Account
     0.00       0.00       0.00       0.00  
Investment Proceeds for Monthly Period
     0.00       0.00       0.00       0.00  
Reserve Account Opening Balance
     0.00       0.00       0.00       0.00  
Reserve Account Deposit
     0.00       0.00       0.00       0.00  
Reserve Draw Amount
     0.00       0.00       0.00       0.00  
Reserve Account Surplus
     0.00       0.00       0.00       0.00  
Reserve Account Closing Balance
     0.00       0.00       0.00       0.00  
 
                                
LIBOR Determination Date
   February 13, 2007     February 13, 2007     February 13, 2007          
Coupon February 15, 2007 - March 14, 2007
     5.4900 %     5.7700 %     5.8200 %        
 
     2,113,650.00       215,413.33       258,020.00       2,587,083.33  
 
                                
Monthly Interest Due
                                
Outstanding Monthly Interest Due
     0.00       0.00       0.00       0.00  
Additional Interest Due
     0.00       0.00       0.00       0.00  
Total Interest Due
     2,113,650.00       215,413.33       258,020.00       2,587,083.33  
Investor Default Amount
     1,502,998.51       145,745.31       173,072.56       1,821,816.37  
Investor Monthly Fees Due
     825,000.00       80,000.00       95,000.00       1,000,000.00  
Investor Additional Amounts Due
     0.00       0.00       0.00       0.00  
Total Due
     4,441,648.51       441,158.64       526,092.56       5,408,899.71  
 
                                
Reallocated Investor Finance Charge Collections
                             11,455,031.94  
Interest and Principal Funding Investment Proceeds
                             0.00  
Interest on Reserve Account
                             0.00  
Series Adjusted Portfolio Yield
                             19.5340 %
Base Rate
                             7.7934 %
Excess Spread Percentage
                             12.0923 %
C. Certificates — Balances and Distributions
                                 
 
   Class A   Class B   Collateral Interest   Total
Beginning Certificates Balance
     495,000,000.00       48,000,000.00       57,000,000.00       600,000,000.00  
Interest Distributions
     2,113,650.00       215,413.33       258,020.00       2,587,083.33  
Principal Deposits — Prin. Funding Account
     0.00       0.00       0.00       0.00  
Principal Distributions
     0.00       0.00       0.00       0.00  
Total Distributions
     2,113,650.00       215,413.33       258,020.00       2,587,083.33  
Ending Certificates Balance
     495,000,000.00       48,000,000.00       57,000,000.00       600,000,000.00  

- 24 -

 

                     
D.   Information regarding distributions on the Distribution Date in respect of the Class A Certificates per $1,000 original certificate principal amount.        
   
 
                
    1.   Total amount of the distribution:   $ 4.27  
   
 
                
    2.   Amount of the distribution in respect of Class A Monthly Interest:   $ 4.27  
   
 
                
    3.   Amount of the distribution in respect of Class A Outstanding Monthly Interest:   $ 0.00  
   
 
                
    4.   Amount of the distribution in respect of Class A Additional Interest:   $ 0.00  
   
 
                
    5.   Amount of the distribution in respect of Class A Principal:   $ 0.00  
   
 
                
E.   Class A Investor Charge-Offs and Reimbursement of Class A Investor Charge-Offs on such Distribution Date.        
   
 
                
    1.   Total amount of Class A Investor Charge-Offs:   $ 0.00  
   
 
                
    2.   Amount of Class A Investor Charge- Offs per $1,000 original certificate principal amount:   $ 0.00  
   
 
                
    3.   Total amount reimbursed in respect of Class A Investor Charge-Offs:   $ 0.00  
   
 
                
    4.   Amount reimbursed in respect of Class A Investor Charge-Offs per $1,000 original certificate principal amount:   $ 0.00  
   
 
                
    5.   The amount, if any, by which the outstanding principal balance of the Class A Certificates exceeds the Class A Invested Amount after giving effect to all transactions on such Distribution Date:   $ 0.00  
   
 
                
F.   Information regarding distributions in respect of the Class B Certificates, per $1,000 original certificate principal amount.        
   
 
                
    1.   The total amount of the distribution:   $ 4.49  
   
 
                
    2.   Amount of the distribution in respect of Class B Monthly Interest:   $ 4.49  
   
 
                
    3.   Amount of the distribution in respect of Class B Outstanding Monthly Interest:   $ 0.00  

- 25 -

 

                     
    4.   Amount of the distribution in respect of Class B Additional Interest:   $ 0.00  
   
 
                
    5.   Amount of the distribution in respect of Class B Principal:   $ 0.00  
   
 
                
G.   Amount of reductions in Class B Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Class B Invested Amount on such Distribution Date.        
   
 
                
    1.   The amount of reductions in Class B Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Class B Invested Amount:   $ 0.00  
   
 
                
    2.   The amount of reductions in the Class B Invested Amount set forth in paragraph 1 above, per $1,000 original certificate principal amount:   $ 0.00  
   
 
                
    3.   The total amount reimbursed in respect of such reductions in the Class B Invested Amount:   $ 0.00  
   
 
                
    4.   The amount set forth in paragraph 3 above, per $1,000 original certificate
principal amount:		   $ 0.00  
   
 
                
    5.   The amount, if any, by which the outstanding principal balance of the Class B Certificates exceeds the Class B Invested Amount after giving effect to all transactions on such Distribution Date:   $ 0.00  
   
 
                
H.   Information regarding distributions on the Distribution Date to the Collateral Interest Holder.        
   
 
                
    1.   Total amount distributed to the Collateral Interest Holder:   $ 258,020.00  
   
 
                
    2.   Amount distributed in respect of Collateral Monthly Interest:   $ 258,020.00  
   
 
                
    3.   Amount distributed in respect of Collateral Additional Interest:   $ 0.00  

- 26 -

 

                     
    4.   The amount distributed to the Collateral Interest Holder in respect of principal on the Collateral Invested Amount:   $ 0.00  
   
 
                
I.   Amount of reductions in Collateral Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Collateral Invested Amount.        
   
 
                
    1.   The amount of reductions in the Collateral Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Collateral Invested Amount:   $ 0.00  
   
 
                
    2.   The total amount reimbursed in respect of such reductions in the Collateral Invested Amount:   $ 0.00  
   
 
                
J.   Application of Reallocated Investor Finance Charge Collections.        
   
 
                
    1.   Class A Available Funds:   $ 9,450,401.35  
   
 
                
   
 
  a.   Class A Monthly Interest:   $ 2,113,650.00  
   
 
  b.   Class A Outstanding Monthly Interest:   $ 0.00  
   
 
  c.   Class A Additional Interest:   $ 0.00  
   
 
  d.   Class A Investor Default Amount
(Treated as Available Principal Collections): 		  $ 1,502,998.51  
   
 
  e.   Excess Spread:   $ 5,833,752.84  
   
 
                
    2.   Class B Available Funds:   $ 916,402.56  
   
 
                
   
 
  a.   Class B Monthly Interest:   $ 215,413.33  
   
 
  b.   Class B Outstanding Monthly Interest:   $ 0.00  
   
 
  c.   Class B Additional Interest:   $ 0.00  
   
 
  d.   Excess Spread:   $ 700,989.23  
   
 
                
    3.   Collateral Available Funds:   $ 1,088,228.03  
   
 
                
   
 
  a.   Excess Spread:   $ 1,088,228.03  
   
 
                
    4.   Total Excess Spread:   $ 7,622,970.10  
   
 
                
K.   Reallocated Principal Collections.        
   
 
                
    1.   Principal Allocation Percentage:     62.3256 %
   
 
                
    2.   Series 2002-5 Allocable Principal Collections:   $ 234,467,067.13  
   
 
                
    3.   Principal Allocation Percentage of Series 2002-5 Allocable Principal Collections:   $ 146,132,939.87  

- 27 -

 

                     
    4.   Reallocated Principal Collections Required to fund the Required Amount:   $ 0.00  
   
 
                
    5.   Item 3 minus item 4:   $ 146,132,939.87  
   
 
                
    6.   Shared Principal Collections from other Series allocated to Series 2002-5:   $ 0.00  
   
 
                
    7.   Other amounts Treated as Available Principal
Collections:		   $ 1,821,816.38  
   
 
                
    8.   Available Principal Collections
(total of 5., 6. & 7.):		   $ 147,954,756.25  
   
 
                
L.   Application of Available Principal Collections during Revolving Period.        
   
 
                
    1.   Collateral Invested Amount:   $ 57,000,000.00  
   
 
                
    2.   Required Collateral Invested Amount:   $ 57,000,000.00  
   
 
                
    3.   Excess of Collateral Invested Amount over Required Collateral Invested Amount:   $ 0.00  
   
 
                
    4.   Treated as Shared Principal Collections:   $ 147,954,756.25  
   
 
                
M.   Application of Principal Collections During Accumulation or Amortization Period.        
   
 
                
    1.   Principal Funding Account:   $ 0.00  
   
 
                
    2.   Excess of Collateral Invested Amount over Required Collateral Invested Amount:   $ 0.00  
   
 
                
    3.   Principal Distribution:   $ 0.00  
   
 
                
    4.   Treated as Shared Principal Collections:   $ 0.00  
   
 
                
N.   Application of Excess Spread and Excess Finance Charge Collections Allocated to Series 2002-5.        
   
 
                
    1.   Excess Spread:   $ 7,622,970.10  
    2.   Excess Finance Charge Collections:   $ 0.00  

- 28 -

 

                     
    3.   Applied to fund Class A Required Amount:   $ 0.00  
    4.   Class A Investor Charge-Offs treated as Available Principal Collections:   $ 0.00  
    5.   Applied to fund Class B overdue Interest:   $ 0.00  
    6.   Applied to fund Class B Required Amount:   $ 145,745.31  
    7.   Reduction of Class B Invested Amount treated as Available Principal Collections:   $ 0.00  
    8.   Applied to Collateral Monthly Interest:   $ 258,020.00  
    9.   Applied to unpaid Monthly Servicing Fee:   $ 1,000,000.00  
    10.   Collateral Default Amount treated as
Available Principal Collections:		   $ 173,072.56  
    11.   Reduction of Collateral Invested Amount treated as Available Principal Collections:   $ 0.00  
    12.   Deposited to Reserve Account:   $ 0.00  
    13.   Applied to other amounts owed to Collateral Interest Holder:   $ 0.00  
    14.   Balance:   $ 6,046,132.23  
   
 
                
O.   Yield and Base Rate.        
   
 
                
    1.   Base Rate:        
   
 
  a.   Current Monthly Period:     7.7934 %
   
 
  b.   Prior Monthly Period:     7.6485 %
   
 
  c.   Second Prior Monthly Period:     7.5522 %
    2.   Three Month Average Base Rate:     7.6647 %
   
 
                
    3.   Series Adjusted Portfolio Yield:        
   
 
  a.   Current Monthly Period:     19.5340 %
   
 
  b.   Prior Monthly Period:     19.4039 %
   
 
  c.   Second Prior Monthly Period:     19.5900 %
    4.   Three Month Average Series Adjusted Portfolio Yield:     19.5093 %
   
 
                
    5.   Is the 3 month average series adjusted portfolio yield more than the 3 month average base rate:   Yes

- 29 -

 

Series 2002-6 Certificates
A. Investor/Transferor Allocations
                         
            Total Investor        
    Series Allocations     Interest     Transferors Interest  
Beginning Invested /Transferor Amount
     1,155,224,061.59       720,000,000.00       435,224,061.59  
Beginning Adjusted Invested Amount
     N/A       720,000,000.00       N/A  
Floating Allocation Percentage
     N/A       62.3256 %     37.6744 %
Principal Allocation Percentage
     N/A       62.3256 %     37.6744 %
Collections of Finance Chg. Receivables
     21,971,325.07       13,693,753.94       8,277,571.13  
Collections of Principal Receivables
     281,360,480.55       175,359,527.85       106,000,952.70  
Defaulted Amount
     3,507,676.84       2,186,179.64       1,321,497.20  
 
                        
Ending Invested / Transferor Amounts
     1,144,825,713.08       720,000,000.00       424,825,713.08  
B. Monthly Period Funding Requirements
                                 
    Class A     Class B     Collateral Interest     Total  
Principal Funding Account
     0.00       0.00       0.00       0.00  
Investment Proceeds for Monthly Period
     0.00       0.00       0.00       0.00  
Reserve Account Opening Balance
     0.00       0.00       0.00       0.00  
Reserve Account Deposit
     0.00       0.00       0.00       0.00  
Reserve Draw Amount
     0.00       0.00       0.00       0.00  
Reserve Account Surplus
     0.00       0.00       0.00       0.00  
Reserve Account Closing Balance
     0.00       0.00       0.00       0.00  
 
                                
LIBOR Determination Date
   February 13, 2007   February 13, 2007   February 13, 2007        
Coupon February 15, 2007 - March 14, 2007
     5.4600 %     5.7700 %     5.8200 %        
 
     2,522,520.00       258,496.00       309,624.00       3,090,640.00  
 
                                
Monthly Interest Due Outstanding Monthly Interest Due
     0.00       0.00       0.00       0.00  
Additional Interest Due
     0.00       0.00       0.00       0.00  
Total Interest Due
     2,522,520.00       258,496.00       309,624.00       3,090,640.00  
Investor Default Amount
     1,803,598.20       174,894.37       207,687.07       2,186,179.64  
Investor Monthly Fees Due
     990,000.00       96,000.00       114,000.00       1,200,000.00  
Investor Additional Amounts Due
     0.00       0.00       0.00       0.00  
Total Due
     5,316,118.20       529,390.37       631,311.07       6,476,819.64  
 
                                
Reallocated Investor Finance Charge Collections
                             13,732,178.33  
Interest and Principal Funding Investment Proceeds
                             0.00  
Interest on Reserve Account
                             0.00  
Series Adjusted Portfolio Yield
                             19.5106 %
Base Rate
                             7.7683 %
Excess Spread Percentage
                             12.0923 %
C. Certificates — Balances and Distributions
                                 
    Class A     Class B     Collateral Interest     Total  
Beginning Certificates Balance
     594,000,000.00       57,600,000.00       68,400,000.00       720,000,000.00  
Interest Distributions
     2,522,520.00       258,496.00       309,624.00       3,090,640.00  
Principal Deposits — Prin. Funding Account
     0.00       0.00       0.00       0.00  
Principal Distributions
     0.00       0.00       0.00       0.00  
Total Distributions
     2,522,520.00       258,496.00       309,624.00       3,090,640.00  
Ending Certificates Balance
     594,000,000.00       57,600,000.00       68,400,000.00       720,000,000.00  

- 30 -

 

                     
D.   Information regarding distributions on the Distribution Date in respect of the Class A Certificates per $1,000 original certificate principal amount.        
   
 
                
    1.   Total amount of the distribution:   $ 4.25  
   
 
                
    2.   Amount of the distribution in respect of Class A Monthly Interest:   $ 4.25  
   
 
                
    3.   Amount of the distribution in respect of Class A Outstanding Monthly Interest:   $ 0.00  
   
 
                
    4.   Amount of the distribution in respect of Class A Additional Interest:   $ 0.00  
   
 
                
    5.   Amount of the distribution in respect of Class A Principal:   $ 0.00  
   
 
                
E.   Class A Investor Charge-Offs and Reimbursement of Class A Investor Charge-Offs on such Distribution Date.        
   
 
                
    1.   Total amount of Class A Investor Charge-Offs:   $ 0.00  
   
 
                
    2.   Amount of Class A Investor Charge- Offs per $1,000 original certificate principal amount:   $ 0.00  
   
 
                
    3.   Total amount reimbursed in respect of Class A Investor Charge-Offs:   $ 0.00  
   
 
                
    4.   Amount reimbursed in respect of Class A Investor Charge-Offs per $1,000 original certificate principal amount:   $ 0.00  
   
 
                
    5.   The amount, if any, by which the outstanding principal balance of the Class A Certificates exceeds the Class A Invested Amount after giving effect to all transactions on such Distribution Date:   $ 0.00  
   
 
                
F.   Information regarding distributions in respect of the Class B Certificates, per $1,000 original certificate principal amount.        
   
 
                
    1.   The total amount of the distribution:   $ 4.49  
   
 
                
    2.   Amount of the distribution in respect of Class B Monthly Interest:   $ 4.49  
   
 
                
    3.   Amount of the distribution in respect of Class B Outstanding Monthly Interest:   $ 0.00  

- 31 -

 

                     
    4.   Amount of the distribution in respect of Class B Additional Interest:   $ 0.00  
   
 
                
    5.   Amount of the distribution in respect of Class B Principal:   $ 0.00  
   
 
                
G.   Amount of reductions in Class B Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Class B Invested Amount on such Distribution Date.        
   
 
                
    1.   The amount of reductions in Class B Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Class B Invested Amount:   $ 0.00  
   
 
                
    2.   The amount of reductions in the Class B Invested Amount set forth in paragraph 1 above, per $1,000 original certificate principal amount:   $ 0.00  
   
 
                
    3.   The total amount reimbursed in respect of such reductions in the Class B Invested Amount:   $ 0.00  
   
 
                
    4.   The amount set forth in paragraph 3
above, per $1,000 original certificate
principal amount:		   $ 0.00  
   
 
                
    5.   The amount, if any, by which the outstanding principal balance of the Class B Certificates exceeds the Class B Invested Amount after giving effect to all transactions on such Distribution Date:   $ 0.00  
   
 
                
H.   Information regarding distributions on the Distribution Date to the Collateral Interest Holder.        
   
 
                
    1.   Total amount distributed to the Collateral Interest Holder:   $ 309,624.00  
   
 
                
    2.   Amount distributed in respect of Collateral Monthly Interest:   $ 309,624.00  
   
 
                
    3.   Amount distributed in respect of Collateral Additional Interest:   $ 0.00  

- 32 -

 

                     
    4.   The amount distributed to the Collateral Interest Holder in respect of principal on the Collateral Invested Amount:   $ 0.00  
   
 
                
I.   Amount of reductions in Collateral Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Collateral Invested Amount.        
   
 
                
    1.   The amount of reductions in the Collateral Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Collateral Invested Amount:   $ 0.00  
   
 
                
    2.   The total amount reimbursed in respect of such reductions in the Collateral Invested Amount:   $ 0.00  
   
 
                
J.   Application of Reallocated Investor Finance Charge Collections.        
   
 
                
    1.   Class A Available Funds:   $ 11,329,047.12  
   
 
                
   
 
  a.   Class A Monthly Interest:   $ 2,522,520.00  
   
 
  b.   Class A Outstanding Monthly Interest:   $ 0.00  
   
 
  c.   Class A Additional Interest:   $ 0.00  
   
 
  d.   Class A Investor Default Amount
(Treated as Available Principal Collections): 		  $ 1,803,598.20  
   
 
  e.   Excess Spread:   $ 7,002,928.92  
   
 
                
    2.   Class B Available Funds:   $ 1,098,574.27  
   
 
                
   
 
  a.   Class B Monthly Interest:   $ 258,496.00  
   
 
  b.   Class B Outstanding Monthly Interest:   $ 0.00  
   
 
  c.   Class B Additional Interest:   $ 0.00  
   
 
  d.   Excess Spread:   $ 840,078.27  
   
 
                
    3.   Collateral Available Funds:   $ 1,304,556.94  
   
 
                
   
 
  a.   Excess Spread:   $ 1,304,556.94  
   
 
                
    4.   Total Excess Spread:   $ 9,147,564.13  
   
 
                
K.   Reallocated Principal Collections.        
   
 
                
    1.   Principal Allocation Percentage:     62.3256 %
   
 
                
    2.   Series 2002-6 Allocable Principal Collections:   $ 281,360,480.55  

- 33 -

 

                     
    3.   Principal Allocation Percentage of Series 2002-6 Allocable Principal Collections:   $ 175,359,527.85  
   
 
                
    4.   Reallocated Principal Collections Required to fund the Required Amount:   $ 0.00  
   
 
                
    5.   Item 3 minus item 4:   $ 175,359,527.85  
   
 
                
    6.   Shared Principal Collections from other Series allocated to Series 2002-6:   $ 0.00  
   
 
                
    7.   Other amounts Treated as Available Principal
Collections:		   $ 2,186,179.64  
   
 
                
    8.   Available Principal Collections
(total of 5., 6. & 7.):		   $ 177,545,707.49  
   
 
                
L.   Application of Available Principal Collections during Revolving Period.        
   
 
                
    1.   Collateral Invested Amount:   $ 68,400,000.00  
   
 
                
    2.   Required Collateral Invested Amount:   $ 68,400,000.00  
   
 
                
    3.   Excess of Collateral Invested Amount over Required Collateral Invested Amount:   $ 0.00  
   
 
                
    4.   Treated as Shared Principal Collections:   $ 177,545,707.49  
   
 
                
M.   Application of Principal Collections During Accumulation or Amortization Period.        
   
 
                
    1.   Principal Funding Account:   $ 0.00  
   
 
                
    2.   Excess of Collateral Invested Amount over Required Collateral Invested Amount:   $ 0.00  
   
 
                
    3.   Principal Distribution:   $ 0.00  
   
 
                
    4.   Treated as Shared Principal Collections:   $ 0.00  
   
 
                
N.   Application of Excess Spread and Excess Finance Charge Collections Allocated to Series 2002-6.        
   
 
                
    1.   Excess Spread:   $ 9,147,564.13  
    2.   Excess Finance Charge Collections:   $ 0.00  

- 34 -

 

                     
    3.   Applied to fund Class A Required Amount:   $ 0.00  
    4.   Class A Investor Charge-Offs treated as Available Principal Collections:   $ 0.00  
    5.   Applied to fund Class B overdue Interest:   $ 0.00  
    6.   Applied to fund Class B Required Amount:   $ 174,894.37  
    7.   Reduction of Class B Invested Amount treated as Available Principal Collections:   $ 0.00  
    8.   Applied to Collateral Monthly Interest:   $ 309,624.00  
    9.   Applied to unpaid Monthly Servicing Fee:   $ 1,200,000.00  
    10.   Collateral Default Amount treated as
Available Principal Collections:		   $ 207,687.07  
    11.   Reduction of Collateral Invested Amount treated as Available Principal Collections:   $ 0.00  
    12.   Deposited to Reserve Account:   $ 0.00  
    13.   Applied to other amounts owed to Collateral Interest Holder:   $ 0.00  
    14.   Balance:   $ 7,255,358.69  
   
 
                
O.   Yield and Base Rate.        
   
 
                
    1.   Base Rate:        
   
 
  a.   Current Monthly Period:     7.7683 %
   
 
  b.   Prior Monthly Period:     7.6234 %
   
 
  c.   Second Prior Monthly Period:     7.5271 %
    2.   Three Month Average Base Rate:     7.6396 %
   
 
                
    3.   Series Adjusted Portfolio Yield:        
   
 
  a.   Current Monthly Period:     19.5106 %
   
 
  b.   Prior Monthly Period:     19.3797 %
   
 
  c.   Second Prior Monthly Period:     19.5632 %
    4.   Three Month Average Series Adjusted Portfolio Yield:     19.4845 %
   
 
                
    5.   Is the 3 month average series adjusted portfolio yield more than the 3 month average base rate:   Yes

- 35 -

 

Series 2003-1 Certificates
A. Investor/Transferor Allocations
                         
            Total Investor        
    Series Allocations     Interest     Transferors Interest  
Beginning Invested /Transferor Amount
     1,476,119,634.26       920,000,000.00       556,119,634.26  
Beginning Adjusted Invested Amount
     N/A       920,000,000.00       N/A  
Floating Allocation Percentage
     N/A       62.3256 %     37.6744 %
Principal Allocation Percentage
     N/A       62.3256 %     37.6744 %
Collections of Finance Chg. Receivables
     28,074,470.92       17,497,574.48       10,576,896.44  
Collections of Principal Receivables
     359,516,169.59       224,070,507.80       135,445,661.79  
Defaulted Amount
     4,482,031.52       2,793,451.77       1,688,579.75  
 
                        
Ending Invested / Transferor Amounts
     1,462,832,855.60       920,000,000.00       542,832,855.60  
B. Monthly Period Funding Requirements
                                 
    Class A     Class B     Collateral Interest     Total  
Principal Funding Account
     0.00       0.00       0.00       0.00  
Investment Proceeds for Monthly Period
     0.00       0.00       0.00       0.00  
Reserve Account Opening Balance
     0.00       0.00       0.00       0.00  
Reserve Account Deposit
     0.00       0.00       0.00       0.00  
Reserve Draw Amount
     0.00       0.00       0.00       0.00  
Reserve Account Surplus
     0.00       0.00       0.00       0.00  
Reserve Account Closing Balance
     0.00       0.00       0.00       0.00  
 
                                
LIBOR Determination Date
   February 13, 2007   February 13, 2007   February 13, 2007        
Coupon February 15, 2007 - March 14, 2007
     5.4300 %     5.7200 %     5.8200 %        
 
     3,205,510.00       327,438.22       395,630.67       3,928,578.89  
 
                                
Monthly Interest Due Outstanding Monthly Interest Due
     0.00       0.00       0.00       0.00  
Additional Interest Due
     0.00       0.00       0.00       0.00  
Total Interest Due
     3,205,510.00       327,438.22       395,630.67       3,928,578.89  
Investor Default Amount
     2,304,597.71       223,476.14       265,377.92       2,793,451.77  
Investor Monthly Fees Due
     1,265,000.00       122,666.67       145,666.67       1,533,333.34  
Investor Additional Amounts Due
     0.00       0.00       0.00       0.00  
Total Due
     6,775,107.71       673,581.03       806,675.26       8,255,364.00  
 
                                
Reallocated Investor Finance Charge Collections
                             17,526,100.11  
Interest and Principal Funding Investment Proceeds
                             0.00  
Interest on Reserve Account
                             0.00  
Series Adjusted Portfolio Yield
                             19.4834 %
Base Rate
                             7.7391 %
Excess Spread Percentage
                             12.0923 %
C. Certificates — Balances and Distributions
                                 
    Class A     Class B     Collateral Interest     Total  
Beginning Certificates Balance
     759,000,000.00       73,600,000.00       87,400,000.00       920,000,000.00  
Interest Distributions
     3,205,510.00       327,438.22       395,630.67       3,928,578.89  
Principal Deposits — Prin. Funding Account
     0.00       0.00       0.00       0.00  
Principal Distributions
     0.00       0.00       0.00       0.00  
Total Distributions
     3,205,510.00       327,438.22       395,630.67       3,928,578.89  
Ending Certificates Balance
     759,000,000.00       73,600,000.00       87,400,000.00       920,000,000.00  

- 36 -

 

                     
D.   Information regarding distributions on the Distribution Date in respect of the Class A Certificates per $1,000 original certificate principal amount.        
   
 
                
    1.   Total amount of the distribution:   $ 4.22  
   
 
                
    2.   Amount of the distribution in respect of Class A Monthly Interest:   $ 4.22  
   
 
                
    3.   Amount of the distribution in respect of Class A Outstanding Monthly Interest:   $ 0.00  
   
 
                
    4.   Amount of the distribution in respect of Class A Additional Interest:   $ 0.00  
   
 
                
    5.   Amount of the distribution in respect of Class A Principal:   $ 0.00  
   
 
                
E.   Class A Investor Charge-Offs and Reimbursement of Class A Investor Charge-Offs on such Distribution Date.        
   
 
                
    1.   Total amount of Class A Investor Charge-Offs:   $ 0.00  
   
 
                
    2.   Amount of Class A Investor Charge- Offs per $1,000 original certificate principal amount:   $ 0.00  
   
 
                
    3.   Total amount reimbursed in respect of Class A Investor Charge-Offs:   $ 0.00  
   
 
                
    4.   Amount reimbursed in respect of Class A Investor Charge-Offs per $1,000 original certificate principal amount:   $ 0.00  
   
 
                
    5.   The amount, if any, by which the outstanding principal balance of the Class A Certificates exceeds the Class A Invested Amount after giving effect to all transactions on such Distribution Date:   $ 0.00  
   
 
                
F.   Information regarding distributions in respect of the Class B Certificates, per $1,000 original certificate principal amount.        
   
 
                
    1.   The total amount of the distribution:   $ 4.45  
   
 
                
    2.   Amount of the distribution in respect of Class B Monthly Interest:   $ 4.45  
   
 
                
    3.   Amount of the distribution in respect of Class B Outstanding Monthly Interest:   $ 0.00  

- 37 -

 

                     
    4.   Amount of the distribution in respect of Class B Additional Interest:   $ 0.00  
   
 
                
    5.   Amount of the distribution in respect of Class B Principal:   $ 0.00  
   
 
                
G.   Amount of reductions in Class B Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Class B Invested Amount on such Distribution Date.        
   
 
                
    1.   The amount of reductions in Class B Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Class B Invested Amount:   $ 0.00  
   
 
                
    2.   The amount of reductions in the Class B Invested Amount set forth in paragraph 1 above, per $1,000 original certificate principal amount:   $ 0.00  
   
 
                
    3.   The total amount reimbursed in respect of such reductions in the Class B Invested Amount:   $ 0.00  
   
 
                
    4.   The amount set forth in paragraph 3
above, per $1,000 original certificate
principal amount:		   $ 0.00  
   
 
                
    5.   The amount, if any, by which the outstanding principal balance of the Class B Certificates exceeds the Class B Invested Amount after giving effect to all transactions on such Distribution Date:   $ 0.00  
   
 
                
H.   Information regarding distributions on the Distribution Date to the Collateral Interest Holder.        
   
 
                
    1.   Total amount distributed to the Collateral Interest Holder:   $ 395,630.67  
   
 
                
    2.   Amount distributed in respect of Collateral Monthly Interest:   $ 395,630.67  
   
 
                
    3.   Amount distributed in respect of Collateral Additional Interest:   $ 0.00  

- 38 -

 

                     
    4.   The amount distributed to the Collateral Interest Holder in respect of principal on the Collateral Invested Amount:   $ 0.00  
   
 
                
I.   Amount of reductions in Collateral Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Collateral Invested Amount.        
   
 
                
    1.   The amount of reductions in the Collateral Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Collateral Invested Amount:   $ 0.00  
   
 
                
    2.   The total amount reimbursed in respect of such reductions in the Collateral Invested Amount:   $ 0.00  
   
 
                
J.   Application of Reallocated Investor Finance Charge Collections.        
   
 
                
    1.   Class A Available Funds:   $ 14,459,032.59  
   
 
                
   
 
  a.   Class A Monthly Interest:   $ 3,205,510.00  
   
 
  b.   Class A Outstanding Monthly Interest:   $ 0.00  
   
 
  c.   Class A Additional Interest:   $ 0.00  
   
 
  d.   Class A Investor Default Amount
(Treated as Available Principal Collections): 		  $ 2,304,597.71  
   
 
  e.   Excess Spread:   $ 8,948,924.88  
   
 
                
    2.   Class B Available Funds:   $ 1,402,088.01  
   
 
                
   
 
  a.   Class B Monthly Interest:   $ 327,438.22  
   
 
  b.   Class B Outstanding Monthly Interest:   $ 0.00  
   
 
  c.   Class B Additional Interest:   $ 0.00  
   
 
  d.   Excess Spread:   $ 1,074,649.79  
   
 
                
    3.   Collateral Available Funds:   $ 1,664,979.51  
   
 
                
   
 
  a.   Excess Spread:   $ 1,664,979.51  
   
 
                
    4.   Total Excess Spread:   $ 11,688,554.18  
   
 
                
K.   Reallocated Principal Collections.        
   
 
                
    1.   Principal Allocation Percentage:     62.3256 %
   
 
                
    2.   Series 2003-1 Allocable Principal Collections:   $ 359,516,169.59  

- 39 -

 

                     
    3.   Principal Allocation Percentage of Series 2003-1 Allocable Principal Collections:   $ 224,070,507.80  
   
 
                
    4.   Reallocated Principal Collections Required to fund the Required Amount:   $ 0.00  
   
 
                
    5.   Item 3 minus item 4:   $ 224,070,507.80  
   
 
                
    6.   Shared Principal Collections from other Series allocated to Series 2003-1:   $ 0.00  
   
 
                
    7.   Other amounts Treated as Available Principal
Collections:		   $ 2,793,451.77  
   
 
                
    8.   Available Principal Collections (total of 5., 6. & 7.):   $ 226,863,959.57  
   
 
                
L.   Application of Available Principal Collections during Revolving Period.        
   
 
                
    1.   Collateral Invested Amount:   $ 87,400,000.00  
   
 
                
    2.   Required Collateral Invested Amount:   $ 87,400,000.00  
   
 
                
    3.   Excess of Collateral Invested Amount over Required Collateral Invested Amount:   $ 0.00  
   
 
                
    4.   Treated as Shared Principal Collections:   $ 226,863,959.57  
   
 
                
M.   Application of Principal Collections During Accumulation or Amortization Period.        
   
 
                
    1.   Principal Funding Account:   $ 0.00  
   
 
                
    2.   Excess of Collateral Invested Amount over Required Collateral Invested Amount:   $ 0.00  
   
 
                
    3.   Principal Distribution:   $ 0.00  
   
 
                
    4.   Treated as Shared Principal Collections:   $ 0.00  
   
 
                
N.   Application of Excess Spread and Excess Finance Charge Collections Allocated to Series 2003-1.        
   
 
                
    1.   Excess Spread:   $ 11,688,554.18  

- 40 -

 

                     
    2.   Excess Finance Charge Collections:   $ 0.00  
    3.   Applied to fund Class A Required Amount:   $ 0.00  
    4.   Class A Investor Charge-Offs treated as Available Principal Collections:   $ 0.00  
    5.   Applied to fund Class B overdue Interest:   $ 0.00  
    6.   Applied to fund Class B Required Amount:   $ 223,476.14  
    7.   Reduction of Class B Invested Amount treated as Available Principal Collections:   $ 0.00  
    8.   Applied to Collateral Monthly Interest:   $ 395,630.67  
    9.   Applied to unpaid Monthly Servicing Fee:   $ 1,533,333.34  
    10.   Collateral Default Amount treated as
Available Principal Collections:		   $ 265,377.92  
    11.   Reduction of Collateral Invested Amount treated as Available Principal Collections:   $ 0.00  
    12.   Deposited to Reserve Account:   $ 0.00  
    13.   Applied to other amounts owed to Collateral Interest Holder:   $ 0.00  
    14.   Balance:   $ 9,270,736.11  
   
 
                
O.   Yield and Base Rate.        
   
 
                
    1.   Base Rate:        
   
 
  a.   Current Monthly Period:     7.7391 %
   
 
  b.   Prior Monthly Period:     7.5943 %
   
 
  c.   Second Prior Monthly Period:     7.4980 %
    2.   Three Month Average Base Rate:     7.6105 %
   
 
                
    3.   Series Adjusted Portfolio Yield:        
   
 
  a.   Current Monthly Period:     19.4834 %
   
 
  b.   Prior Monthly Period:     19.3514 %
   
 
  c.   Second Prior Monthly Period:     19.5321 %
    4.   Three Month Average Series Adjusted Portfolio Yield:     19.4557 %
   
 
                
    5.   Is the 3 month average series adjusted portfolio yield more than the 3 month average base rate:   Yes

- 41 -

 

Series 2003-2 Certificates
A. Investor/Transferor Allocations
                         
            Total Investor        
    Series Allocations     Interest     Transferors Interest  
Beginning Invested /Transferor Amount
     1,764,925,649.65       1,100,000,000.00       664,925,649.65  
Beginning Adjusted Invested Amount
     N/A       1,100,000,000.00       N/A  
Floating Allocation Percentage
     N/A       62.3256 %     37.6744 %
Principal Allocation Percentage
     N/A       62.3256 %     37.6744 %
Collections of Finance Chg. Receivables
     33,567,302.19       20,921,012.97       12,646,289.22  
Collections of Principal Receivables
     429,856,289.73       267,910,389.76       161,945,899.97  
Defaulted Amount
     5,358,950.73       3,339,996.68       2,018,954.05  
 
                        
Ending Invested / Transferor Amounts
     1,749,039,283.87       1,100,000,000.00       649,039,283.87  
B. Monthly Period Funding Requirements
                                 
    Class A     Class B     Collateral Interest     Total  
Principal Funding Account
     0.00       0.00       0.00       0.00  
Investment Proceeds for Monthly Period
     0.00       0.00       0.00       0.00  
Reserve Account Opening Balance
     0.00       0.00       0.00       0.00  
Reserve Account Deposit
     0.00       0.00       0.00       0.00  
Reserve Draw Amount
     0.00       0.00       0.00       0.00  
Reserve Account Surplus
     0.00       0.00       0.00       0.00  
Reserve Account Closing Balance
     0.00       0.00       0.00       0.00  
 
                                
LIBOR Determination Date
   February 13, 2007   February 13, 2007   February 13, 2007        
Coupon February 15, 2007 - March 14, 2007
     5.4300 %     5.6900 %     5.8200 %        
 
     3,832,675.00       389,448.89       473,036.67       4,695,160.56  
 
                                
Monthly Interest Due Outstanding Monthly Interest Due
     0.00       0.00       0.00       0.00  
Additional Interest Due
     0.00       0.00       0.00       0.00  
Total Interest Due
     3,832,675.00       389,448.89       473,036.67       4,695,160.56  
Investor Default Amount
     2,755,497.26       267,199.73       317,299.68       3,339,996.68  
Investor Monthly Fees Due
     1,512,500.00       146,666.67       174,166.67       1,833,333.34  
Investor Additional Amounts Due
     0.00       0.00       0.00       0.00  
Total Due
     8,100,672.26       803,315.29       964,503.02       9,868,490.57  
 
                                
Reallocated Investor Finance Charge Collections
                             20,953,066.36  
Interest and Principal Funding Investment Proceeds
                             0.00  
Interest on Reserve Account
                             0.00  
Series Adjusted Portfolio Yield
                             19.4811 %
Base Rate
                             7.7367 %
Excess Spread Percentage
                             12.0923 %
C. Certificates — Balances and Distributions
                                 
    Class A     Class B     Collateral Interest     Total  
Beginning Certificates Balance
     907,500,000.00       88,000,000.00       104,500,000.00       1,100,000,000.00  
Interest Distributions
     3,832,675.00       389,448.89       473,036.67       4,695,160.56  
Principal Deposits — Prin. Funding Account
     0.00       0.00       0.00       0.00  
Principal Distributions
     0.00       0.00       0.00       0.00  
Total Distributions
     3,832,675.00       389,448.89       473,036.67       4,695,160.56  
Ending Certificates Balance
     907,500,000.00       88,000,000.00       104,500,000.00       1,100,000,000.00  

- 42 -

 

                     
D.   Information regarding distributions on the Distribution Date in respect of the Class A Certificates per $1,000 original certificate principal amount.        
   
 
                
    1.   Total amount of the distribution:   $ 4.22  
   
 
                
    2.   Amount of the distribution in respect of Class A Monthly Interest:   $ 4.22  
   
 
                
    3.   Amount of the distribution in respect of Class A Outstanding Monthly Interest:   $ 0.00  
   
 
                
    4.   Amount of the distribution in respect of Class A Additional Interest:   $ 0.00  
   
 
                
    5.   Amount of the distribution in respect of Class A Principal:   $ 0.00  
   
 
                
E.   Class A Investor Charge-Offs and Reimbursement of Class A Investor Charge-Offs on such Distribution Date.        
   
 
                
    1.   Total amount of Class A Investor Charge-Offs:   $ 0.00  
   
 
                
    2.   Amount of Class A Investor Charge- Offs per $1,000 original certificate principal amount:   $ 0.00  
   
 
                
    3.   Total amount reimbursed in respect of Class A Investor Charge-Offs:   $ 0.00  
   
 
                
    4.   Amount reimbursed in respect of Class A Investor Charge-Offs per $1,000 original certificate principal amount:   $ 0.00  
   
 
                
    5.   The amount, if any, by which the outstanding principal balance of the Class A Certificates exceeds the Class A Invested Amount after giving effect to all transactions on such Distribution Date:   $ 0.00  
   
 
                
F.   Information regarding distributions in respect of the Class B Certificates, per $1,000 original certificate principal amount.        
   
 
                
    1.   The total amount of the distribution:   $ 4.43  
   
 
                
    2.   Amount of the distribution in respect of Class B Monthly Interest:   $ 4.43  
   
 
                
    3.   Amount of the distribution in respect of Class B Outstanding Monthly Interest:   $ 0.00  

- 43 -

 

                     
    4.   Amount of the distribution in respect of Class B Additional Interest:   $ 0.00  
   
 
                
    5.   Amount of the distribution in respect of Class B Principal:   $ 0.00  
   
 
                
G.   Amount of reductions in Class B Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Class B Invested Amount on such Distribution Date.        
   
 
                
    1.   The amount of reductions in Class B Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Class B Invested Amount:   $ 0.00  
   
 
                
    2.   The amount of reductions in the Class B Invested Amount set forth in paragraph 1 above, per $1,000 original certificate principal amount:   $ 0.00  
   
 
                
    3.   The total amount reimbursed in respect of such reductions in the Class B Invested Amount:   $ 0.00  
   
 
                
    4.   The amount set forth in paragraph 3
above, per $1,000 original certificate
principal amount:		   $ 0.00  
   
 
                
    5.   The amount, if any, by which the outstanding principal balance of the Class B Certificates exceeds the Class B Invested Amount after giving effect to all transactions on such Distribution Date:   $ 0.00  
   
 
                
H.   Information regarding distributions on the Distribution Date to the Collateral Interest Holder.        
   
 
                
    1.   Total amount distributed to the Collateral Interest Holder:   $ 473,036.67  
   
 
                
    2.   Amount distributed in respect of Collateral Monthly Interest:   $ 473,036.67  
   
 
                
    3.   Amount distributed in respect of Collateral Additional Interest:   $ 0.00  

- 44 -

 

                     
    4.   The amount distributed to the Collateral Interest Holder in respect of principal on the Collateral Invested Amount:   $ 0.00  
   
 
                
I.   Amount of reductions in Collateral Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Collateral Invested Amount.        
   
 
                
    1.   The amount of reductions in the Collateral Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Collateral Invested Amount:   $ 0.00  
   
 
                
    2.   The total amount reimbursed in respect of such reductions in the Collateral Invested Amount:   $ 0.00  
   
 
                
J.   Application of Reallocated Investor Finance Charge Collections.        
   
 
                
    1.   Class A Available Funds:   $ 17,286,279.75  
   
 
                
   
 
  a.   Class A Monthly Interest:   $ 3,832,675.00  
   
 
  b.   Class A Outstanding Monthly Interest:   $ 0.00  
   
 
  c.   Class A Additional Interest:   $ 0.00  
   
 
  d.   Class A Investor Default Amount
(Treated as Available Principal Collections): 		  $ 2,755,497.26  
   
 
  e.   Excess Spread:   $ 10,698,107.49  
   
 
                
    2.   Class B Available Funds:   $ 1,676,245.31  
   
 
                
   
 
  a.   Class B Monthly Interest:   $ 389,448.89  
   
 
  b.   Class B Outstanding Monthly Interest:   $ 0.00  
   
 
  c.   Class B Additional Interest:   $ 0.00  
   
 
  d.   Excess Spread:   $ 1,286,796.42  
   
 
                
    3.   Collateral Available Funds:   $ 1,990,541.30  
   
 
                
   
 
  a.   Excess Spread:   $ 1,990,541.30  
   
 
                
    4.   Total Excess Spread:   $ 13,975,445.21  
   
 
                
K.   Reallocated Principal Collections.        
   
 
                
    1.   Principal Allocation Percentage:     62.3256 %
   
 
                
    2.   Series 2003-2 Allocable Principal Collections:   $ 429,856,289.73  
   
 
                
    3.   Principal Allocation Percentage of Series 2003-2 Allocable Principal Collections:   $ 267,910,389.76  

- 45 -

 

                     
    4.   Reallocated Principal Collections Required to fund the Required Amount:   $ 0.00  
   
 
                
    5.   Item 3 minus item 4:   $ 267,910,389.76  
   
 
                
    6.   Shared Principal Collections from other Series allocated to Series 2003-2:   $ 0.00  
   
 
                
    7.   Other amounts Treated as Available Principal
Collections:		   $ 3,339,996.67  
   
 
                
    8.   Available Principal Collections (total of 5., 6. & 7.):   $ 271,250,386.43  
   
 
                
L.   Application of Available Principal Collections during Revolving Period.        
   
 
                
    1.   Collateral Invested Amount:   $ 104,500,000.00  
   
 
                
    2.   Required Collateral Invested Amount:   $ 104,500,000.00  
   
 
                
    3.   Excess of Collateral Invested Amount over Required Collateral Invested Amount:   $ 0.00  
   
 
                
    4.   Treated as Shared Principal Collections:   $ 271,250,386.43  
   
 
                
M.   Application of Principal Collections During Accumulation or Amortization Period.        
   
 
                
    1.   Principal Funding Account:   $ 0.00  
   
 
                
    2.   Excess of Collateral Invested Amount over Required Collateral Invested Amount:   $ 0.00  
   
 
                
    3.   Principal Distribution:   $ 0.00  
   
 
                
    4.   Treated as Shared Principal Collections:   $ 0.00  
   
 
                
N.   Application of Excess Spread and Excess Finance Charge Collections Allocated to Series 2003-2.        
   
 
                
    1.   Excess Spread:   $ 13,975,445.21  
    2.   Excess Finance Charge Collections:   $ 0.00  
    3.   Applied to fund Class A Required Amount:   $ 0.00  

- 46 -

 

                     
    4.   Class A Investor Charge-Offs treated as Available Principal Collections:   $ 0.00  
    5.   Applied to fund Class B overdue Interest:   $ 0.00  
    6.   Applied to fund Class B Required Amount:   $ 267,199.73  
    7.   Reduction of Class B Invested Amount treated as Available Principal Collections:   $ 0.00  
    8.   Applied to Collateral Monthly Interest:   $ 473,036.67  
    9.   Applied to unpaid Monthly Servicing Fee:   $ 1,833,333.34  
    10.   Collateral Default Amount treated as
Available Principal Collections:		   $ 317,299.68  
    11.   Reduction of Collateral Invested Amount treated as Available Principal Collections:   $ 0.00  
    12.   Deposited to Reserve Account:   $ 0.00  
    13.   Applied to other amounts owed to Collateral Interest Holder:   $ 0.00  
    14.   Balance:   $ 11,084,575.79  
   
 
                
O.   Yield and Base Rate.        
   
 
                
    1.   Base Rate:        
   
 
  a.   Current Monthly Period:     7.7367 %
   
 
  b.   Prior Monthly Period:     7.5918 %
   
 
  c.   Second Prior Monthly Period:     7.4955 %
    2.   Three Month Average Base Rate:     7.6080 %
   
 
                
    3.   Series Adjusted Portfolio Yield:        
   
 
  a.   Current Monthly Period:     19.4811 %
   
 
  b.   Prior Monthly Period:     19.3491 %
   
 
  c.   Second Prior Monthly Period:     19.5295 %
    4.   Three Month Average Series Adjusted Portfolio Yield:     19.4532 %
   
 
                
    5.   Is the 3 month average series adjusted portfolio yield more than the 3 month average base rate:   Yes

- 47 -

 

Series 2003-3 Certificates
A. Investor/Transferor Allocations
                         
            Total Investor        
    Series Allocations     Interest     Transferors Interest  
Beginning Invested /Transferor Amount
     1,203,358,397.49       750,000,000.00       453,358,397.49  
Beginning Adjusted Invested Amount
     N/A       750,000,000.00       N/A  
Floating Allocation Percentage
     N/A       62.3256 %     37.6744 %
Principal Allocation Percentage
     N/A       62.3256 %     37.6744 %
Collections of Finance Chg. Receivables
     22,886,796.95       14,264,327.03       8,622,469.92  
Collections of Principal Receivables
     293,083,833.91       182,666,174.84       110,417,659.07  
Defaulted Amount
     3,653,830.05       2,277,270.47       1,376,559.58  
 
                        
Ending Invested / Transferor Amounts
     1,192,526,784.46       750,000,000.00       442,526,784.46  
B. Monthly Period Funding Requirements
                                 
    Class A     Class B     Collateral Interest     Total  
Principal Funding Account
     0.00       0.00       0.00       0.00  
Investment Proceeds for Monthly Period
     0.00       0.00       0.00       0.00  
Reserve Account Opening Balance
     0.00       0.00       0.00       0.00  
Reserve Account Deposit
     0.00       0.00       0.00       0.00  
Reserve Draw Amount
     0.00       0.00       0.00       0.00  
Reserve Account Surplus
     0.00       0.00       0.00       0.00  
Reserve Account Closing Balance
     0.00       0.00       0.00       0.00  
 
                                
LIBOR Determination Date
   February 13, 2007   February 13, 2007   February 13, 2007        
Coupon February 15, 2007 - March 14, 2007
     5.4300 %     5.6700 %     5.8200 %        
 
     2,613,187.50       264,600.00       322,525.00       3,200,312.50  
 
                                
Monthly Interest Due Outstanding Monthly Interest Due
     0.00       0.00       0.00       0.00  
Additional Interest Due
     0.00       0.00       0.00       0.00  
Total Interest Due
     2,613,187.50       264,600.00       322,525.00       3,200,312.50  
Investor Default Amount
     1,878,748.14       182,181.64       216,340.69       2,277,270.47  
Investor Monthly Fees Due
     1,031,250.00       100,000.00       118,750.00       1,250,000.00  
Investor Additional Amounts Due
     0.00       0.00       0.00       0.00  
Total Due
     5,523,185.64       546,781.64       657,615.69       6,727,582.97  
 
                                
Reallocated Investor Finance Charge Collections
                             14,285,248.27  
Interest and Principal Funding Investment Proceeds
                             0.00  
Interest on Reserve Account
                             0.00  
Series Adjusted Portfolio Yield
                             19.4796 %
Base Rate
                             7.7351 %
Excess Spread Percentage
                             12.0923 %
C. Certificates — Balances and Distributions
                                 
    Class A     Class B     Collateral Interest     Total  
Beginning Certificates Balance
     618,750,000.00       60,000,000.00       71,250,000.00       750,000,000.00  
Interest Distributions
     2,613,187.50       264,600.00       322,525.00       3,200,312.50  
Principal Deposits — Prin. Funding Account
     0.00       0.00       0.00       0.00  
Principal Distributions
     0.00       0.00       0.00       0.00  
Total Distributions
     2,613,187.50       264,600.00       322,525.00       3,200,312.50  
Ending Certificates Balance
     618,750,000.00       60,000,000.00       71,250,000.00       750,000,000.00  

- 48 -

 

                     
D.   Information regarding distributions on the Distribution Date in respect of the Class A Certificates per $1,000 original certificate principal amount.        
   
 
                
    1.   Total amount of the distribution:   $ 4.22  
   
 
                
    2.   Amount of the distribution in respect of Class A Monthly Interest:   $ 4.22  
   
 
                
    3.   Amount of the distribution in respect of Class A Outstanding Monthly Interest:   $ 0.00  
   
 
                
    4.   Amount of the distribution in respect of Class A Additional Interest:   $ 0.00  
   
 
                
    5.   Amount of the distribution in respect of Class A Principal:   $ 0.00  
   
 
                
E.   Class A Investor Charge-Offs and Reimbursement of Class A Investor Charge-Offs on such Distribution Date.        
   
 
                
    1.   Total amount of Class A Investor Charge-Offs:   $ 0.00  
   
 
                
    2.   Amount of Class A Investor Charge- Offs per $1,000 original certificate principal amount:   $ 0.00  
   
 
                
    3.   Total amount reimbursed in respect of Class A Investor Charge-Offs:   $ 0.00  
   
 
                
    4.   Amount reimbursed in respect of Class A Investor Charge-Offs per $1,000 original certificate principal amount:   $ 0.00  
   
 
                
    5.   The amount, if any, by which the outstanding principal balance of the Class A Certificates exceeds the Class A Invested Amount after giving effect to all transactions on such Distribution Date:   $ 0.00  
   
 
                
F.   Information regarding distributions in respect of the Class B Certificates, per $1,000 original certificate principal amount.        
   
 
                
    1.   The total amount of the distribution:   $ 4.41  
   
 
                
    2.   Amount of the distribution in respect of Class B Monthly Interest:   $ 4.41  
   
 
                
    3.   Amount of the distribution in respect of Class B Outstanding Monthly Interest:   $ 0.00  

- 49 -

 

                     
    4.   Amount of the distribution in respect of Class B Additional Interest:   $ 0.00  
   
 
                
    5.   Amount of the distribution in respect of Class B Principal:   $ 0.00  
   
 
                
G.   Amount of reductions in Class B Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Class B Invested Amount on such Distribution Date.        
   
 
                
    1.   The amount of reductions in Class B Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Class B Invested Amount:   $ 0.00  
   
 
                
    2.   The amount of reductions in the Class B Invested Amount set forth in paragraph 1 above, per $1,000 original certificate principal amount:   $ 0.00  
   
 
                
    3.   The total amount reimbursed in respect of such reductions in the Class B Invested Amount:   $ 0.00  
   
 
                
    4.   The amount set forth in paragraph 3
above, per $1,000 original certificate
principal amount:		   $ 0.00  
   
 
                
    5.   The amount, if any, by which the outstanding principal balance of the Class B Certificates exceeds the Class B Invested Amount after giving effect to all transactions on such Distribution Date:   $ 0.00  
   
 
                
H.   Information regarding distributions on the Distribution Date to the Collateral Interest Holder.        
   
 
                
    1.   Total amount distributed to the Collateral Interest Holder:   $ 322,525.00  
   
 
                
    2.   Amount distributed in respect of Collateral Monthly Interest:   $ 322,525.00  
   
 
                
    3.   Amount distributed in respect of Collateral Additional Interest:   $ 0.00  

- 50 -

 

                     
    4.   The amount distributed to the Collateral Interest Holder in respect of principal on the Collateral Invested Amount:   $ 0.00  
   
 
                
I.   Amount of reductions in Collateral Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Collateral Invested Amount.        
   
 
                
    1.   The amount of reductions in the Collateral Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Collateral Invested Amount:   $ 0.00  
   
 
                
    2.   The total amount reimbursed in respect of such reductions in the Collateral Invested Amount:   $ 0.00  
   
 
                
J.   Application of Reallocated Investor Finance Charge Collections.        
   
 
                
    1.   Class A Available Funds:   $ 11,785,329.82  
   
 
                
   
 
  a.   Class A Monthly Interest:   $ 2,613,187.50  
   
 
  b.   Class A Outstanding Monthly Interest:   $ 0.00  
   
 
  c.   Class A Additional Interest:   $ 0.00  
   
 
  d.   Class A Investor Default Amount
(Treated as Available Principal Collections): 		  $ 1,878,748.14  
   
 
  e.   Excess Spread:   $ 7,293,394.18  
   
 
                
    2.   Class B Available Funds:   $ 1,142,819.86  
   
 
                
   
 
  a.   Class B Monthly Interest:   $ 264,600.00  
   
 
  b.   Class B Outstanding Monthly Interest:   $ 0.00  
   
 
  c.   Class B Additional Interest:   $ 0.00  
   
 
  d.   Excess Spread:   $ 878,219.86  
   
 
                
    3.   Collateral Available Funds:   $ 1,357,098.59  
   
 
                
   
 
  a.   Excess Spread:   $ 1,357,098.59  
   
 
                
    4.   Total Excess Spread:   $ 9,528,712.63  
   
 
                
K.   Reallocated Principal Collections.        
   
 
                
    1.   Principal Allocation Percentage:     62.3256 %
   
 
                
    2.   Series 2003-3 Allocable Principal Collections:   $ 293,083,833.91  

- 51 -

 

                     
    3.   Principal Allocation Percentage of Series 2003-3 Allocable Principal Collections:   $ 182,666,174.84  
   
 
                
    4.   Reallocated Principal Collections Required to fund the Required Amount:   $ 0.00  
   
 
                
    5.   Item 3 minus item 4:   $ 182,666,174.84  
   
 
                
    6.   Shared Principal Collections from other Series allocated to Series 2003-3:   $ 0.00  
   
 
                
    7.   Other amounts Treated as Available Principal
Collections:		   $ 2,277,270.47  
   
 
                
    8.   Available Principal Collections
(total of 5., 6. & 7.):		   $ 184,943,445.31  
   
 
                
L.   Application of Available Principal Collections during Revolving Period.        
   
 
                
    1.   Collateral Invested Amount:   $ 71,250,000.00  
   
 
                
    2.   Required Collateral Invested Amount:   $ 71,250,000.00  
   
 
                
    3.   Excess of Collateral Invested Amount over Required Collateral Invested Amount:   $ 0.00  
   
 
                
    4.   Treated as Shared Principal Collections:   $ 184,943,445.31  
   
 
                
M.   Application of Principal Collections During Accumulation or Amortization Period.        
   
 
                
    1.   Principal Funding Account:   $ 0.00  
   
 
                
    2.   Excess of Collateral Invested Amount over Required Collateral Invested Amount:   $ 0.00  
   
 
                
    3.   Principal Distribution:   $ 0.00  
   
 
                
    4.   Treated as Shared Principal Collections:   $ 0.00  
   
 
                
N.   Application of Excess Spread and Excess Finance Charge Collections Allocated to Series 2003-3.        
   
 
                
    1.   Excess Spread:   $ 9,528,712.63  

- 52 -

 

                     
    2.   Excess Finance Charge Collections:   $ 0.00  
    3.   Applied to fund Class A Required Amount:   $ 0.00  
    4.   Class A Investor Charge-Offs treated as Available Principal Collections:   $ 0.00  
    5.   Applied to fund Class B overdue Interest:   $ 0.00  
    6.   Applied to fund Class B Required Amount:   $ 182,181.64  
    7.   Reduction of Class B Invested Amount treated as Available Principal Collections:   $ 0.00  
    8.   Applied to Collateral Monthly Interest:   $ 322,525.00  
    9.   Applied to unpaid Monthly Servicing Fee:   $ 1,250,000.00  
    10.   Collateral Default Amount treated as
Available Principal Collections:		   $ 216,340.69  
    11.   Reduction of Collateral Invested Amount treated as Available Principal Collections:   $ 0.00  
    12.   Deposited to Reserve Account:   $ 0.00  
    13.   Applied to other amounts owed to Collateral Interest Holder:   $ 0.00  
    14.   Balance:   $ 7,557,665.30  
   
 
                
O.   Yield and Base Rate.        
   
 
                
    1.   Base Rate:        
   
 
  a.   Current Monthly Period:     7.7351 %
   
 
  b.   Prior Monthly Period:     7.5902 %
   
 
  c.   Second Prior Monthly Period:     7.4939 %
    2.   Three Month Average Base Rate:     7.6064 %
   
 
                
    3.   Series Adjusted Portfolio Yield:        
   
 
  a.   Current Monthly Period:     19.4796 %
   
 
  b.   Prior Monthly Period:     19.3475 %
   
 
  c.   Second Prior Monthly Period:     19.5278 %
    4.   Three Month Average Series Adjusted Portfolio Yield:     19.4516 %
   
 
                
    5.   Is the 3 month average series adjusted portfolio yield more than the 3 month average base rate:   Yes

- 53 -

 

Series 2004-1 Certificates
A. Investor/Transferor Allocations
                         
            Total Investor        
    Series Allocations     Interest     Transferors Interest  
Beginning Invested /Transferor Amount
     1,283,582,290.66       800,000,000.00       483,582,290.66  
Beginning Adjusted Invested Amount
     N/A       800,000,000.00       N/A  
Floating Allocation Percentage
     N/A       62.3256 %     37.6744 %
Principal Allocation Percentage
     N/A       62.3256 %     37.6744 %
Collections of Finance Chg. Receivables
     24,412,583.41       15,215,282.16       9,197,301.25  
Collections of Principal Receivables
     312,622,756.17       194,843,919.83       117,778,836.34  
Defaulted Amount
     3,897,418.72       2,429,088.50       1,468,330.22  
 
                        
Ending Invested / Transferor Amounts
     1,272,028,570.09       800,000,000.00       472,028,570.09  
B. Monthly Period Funding Requirements
                                 
    Class A     Class B     Collateral Interest     Total  
Principal Funding Account
     0.00       0.00       0.00       0.00  
Investment Proceeds for Monthly Period
     0.00       0.00       0.00       0.00  
Reserve Account Opening Balance
     0.00       0.00       0.00       0.00  
Reserve Account Deposit
     0.00       0.00       0.00       0.00  
Reserve Draw Amount
     0.00       0.00       0.00       0.00  
Reserve Account Surplus
     0.00       0.00       0.00       0.00  
Reserve Account Closing Balance
     0.00       0.00       0.00       0.00  
 
                                
LIBOR Determination Date
   February 13, 2007   February 13, 2007   February 13, 2007        
Coupon February 15, 2007 - March 14, 2007
     5.4000 %     5.5700 %     5.8700 %        
 
     2,805,600.00       259,933.33       328,720.00       3,394,253.33  
 
                                
Monthly Interest Due Outstanding Monthly Interest Due
     0.00       0.00       0.00       0.00  
Additional Interest Due
     0.00       0.00       0.00       0.00  
Total Interest Due
     2,805,600.00       259,933.33       328,720.00       3,394,253.33  
Investor Default Amount
     2,028,288.90       182,181.64       218,617.97       2,429,088.50  
Investor Monthly Fees Due
     1,113,333.33       100,000.00       120,000.00       1,333,333.33  
Investor Additional Amounts Due
     0.00       0.00       0.00       0.00  
Total Due
     5,947,222.23       542,114.97       667,337.97       7,156,675.17  
 
                                
Reallocated Investor Finance Charge Collections
                             15,218,184.82  
Interest and Principal Funding Investment Proceeds
                             0.00  
Interest on Reserve Account
                             0.00  
Series Adjusted Portfolio Yield
                             19.4501 %
Base Rate
                             7.7034 %
Excess Spread Percentage
                             12.0923 %
C. Certificates — Balances and Distributions
                                 
    Class A     Class B     Collateral Interest     Total  
Beginning Certificates Balance
     668,000,000.00       60,000,000.00       72,000,000.00       800,000,000.00  
Interest Distributions
     2,805,600.00       259,933.33       328,720.00       3,394,253.33  
Principal Deposits — Prin. Funding Account
     0.00       0.00       0.00       0.00  
Principal Distributions
     0.00       0.00       0.00       0.00  
Total Distributions
     2,805,600.00       259,933.33       328,720.00       3,394,253.33  
Ending Certificates Balance
     668,000,000.00       60,000,000.00       72,000,000.00       800,000,000.00  

- 54 -

 

                     
D.   Information regarding distributions on the Distribution Date in respect of the Class A Certificates per $1,000 original certificate principal amount.        
   
 
                
    1.   Total amount of the distribution:   $ 4.20  
   
 
                
    2.   Amount of the distribution in respect of Class A Monthly Interest:   $ 4.20  
   
 
                
    3.   Amount of the distribution in respect of Class A Outstanding Monthly Interest:   $ 0.00  
   
 
                
    4.   Amount of the distribution in respect of Class A Additional Interest:   $ 0.00  
   
 
                
    5.   Amount of the distribution in respect of Class A Principal:   $ 0.00  
   
 
                
E.   Class A Investor Charge-Offs and Reimbursement of Class A Investor Charge-Offs on such Distribution Date.        
   
 
                
    1.   Total amount of Class A Investor Charge-Offs:   $ 0.00  
   
 
                
    2.   Amount of Class A Investor Charge- Offs per $1,000 original certificate principal amount:   $ 0.00  
   
 
                
    3.   Total amount reimbursed in respect of Class A Investor Charge-Offs:   $ 0.00  
   
 
                
    4.   Amount reimbursed in respect of Class A Investor Charge-Offs per $1,000 original certificate principal amount:   $ 0.00  
   
 
                
    5.   The amount, if any, by which the outstanding principal balance of the Class A Certificates exceeds the Class A Invested Amount after giving effect to all transactions on such Distribution Date:   $ 0.00  
   
 
                
F.   Information regarding distributions in respect of the Class B Certificates, per $1,000 original certificate principal amount.        
   
 
                
    1.   The total amount of the distribution:   $ 4.33  
   
 
                
    2.   Amount of the distribution in respect of Class B Monthly Interest:   $ 4.33  
   
 
                
    3.   Amount of the distribution in respect of Class B Outstanding Monthly Interest:   $ 0.00  

- 55 -

 

                     
    4.   Amount of the distribution in respect of Class B Additional Interest:   $ 0.00  
   
 
                
    5.   Amount of the distribution in respect of Class B Principal:   $ 0.00  
   
 
                
G.   Amount of reductions in Class B Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Class B Invested Amount on such Distribution Date.        
   
 
                
    1.   The amount of reductions in Class B Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Class B Invested Amount:   $ 0.00  
   
 
                
    2.   The amount of reductions in the Class B Invested Amount set forth in paragraph 1 above, per $1,000 original certificate principal amount:   $ 0.00  
   
 
                
    3.   The total amount reimbursed in respect of such reductions in the Class B Invested Amount:   $ 0.00  
   
 
                
    4.   The amount set forth in paragraph 3
above, per $1,000 original certificate
principal amount:		   $ 0.00  
   
 
                
    5.   The amount, if any, by which the outstanding principal balance of the Class B Certificates exceeds the Class B Invested Amount after giving effect to all transactions on such Distribution Date:   $ 0.00  
   
 
                
H.   Information regarding distributions on the Distribution Date to the Collateral Interest Holder.        
   
 
                
    1.   Total amount distributed to the Collateral Interest Holder:   $ 8,390,229.64  
   
 
                
    2.   Amount distributed in respect of Collateral Monthly Interest:   $ 328,720.00  
   
 
                
    3.   Amount distributed in respect of Collateral Additional Interest:   $ 0.00  

- 56 -

 

                     
    4.   The amount distributed to the Collateral Interest Holder in respect of principal on the Collateral Invested Amount:   $ 0.00  
   
 
                
    5.   Amount distributed to the Collateral Interest Holder in respect of remaining excess spread:   $ 8,061,509.64  
   
 
                
I.   Amount of reductions in Collateral Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Collateral Invested Amount.        
   
 
                
    1.   The amount of reductions in the Collateral Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Collateral Invested Amount:   $ 0.00  
   
 
                
    2.   The total amount reimbursed in respect of such reductions in the Collateral Invested Amount:   $ 0.00  
   
 
                
J.   Application of Reallocated Investor Finance Charge Collections.        
   
 
                
    1.   Class A Available Funds:   $ 12,707,184.32  
   
 
                
   
 
  a.   Class A Monthly Interest:   $ 2,805,600.00  
   
 
  b.   Class A Outstanding Monthly Interest:   $ 0.00  
   
 
  c.   Class A Additional Interest:   $ 0.00  
   
 
  d.   Class A Investor Default Amount
(Treated as Available Principal Collections): 		  $ 2,028,288.90  
   
 
  e.   Excess Spread:   $ 7,873,295.42  
   
 
                
    2.   Class B Available Funds:   $ 1,141,363.86  
   
 
                
   
 
  a.   Class B Monthly Interest:   $ 259,933.33  
   
 
  b.   Class B Outstanding Monthly Interest:   $ 0.00  
   
 
  c.   Class B Additional Interest:   $ 0.00  
   
 
  d.   Excess Spread:   $ 881,430.53  
   
 
                
    3.   Collateral Available Funds:   $ 1,369,636.63  
   
 
                
   
 
  a.   Excess Spread:   $ 1,369,636.63  
   
 
                
    4.   Total Excess Spread:   $ 10,124,362.58  
   
 
                
K.   Reallocated Principal Collections.        
   
 
                
    1.   Principal Allocation Percentage:     62.3256 %

- 57 -

 

                     
   
2.
  Series 2004-1 Allocable Principal Collections:   $ 312,622,756.17  
   
 
                
    3.   Principal Allocation Percentage of Series 2004-1 Allocable Principal Collections:   $ 194,843,919.83  
   
 
                
    4.   Reallocated Principal Collections Required to fund the Required Amount:   $ 0.00  
   
 
                
    5.   Item 3 minus item 4:   $ 194,843,919.83  
   
 
                
    6.   Shared Principal Collections from other Series allocated to Series 2004-1:   $ 0.00  
   
 
                
    7.   Other amounts Treated as Available Principal
Collections:		   $ 2,429,088.51  
   
 
                
    8.   Available Principal Collections (total of 5., 6. & 7.):   $ 197,273,008.34  
   
 
                
L.   Application of Available Principal Collections during Revolving Period.        
   
 
                
    1.   Collateral Invested Amount:   $ 72,000,000.00  
   
 
                
    2.   Required Collateral Invested Amount:   $ 72,000,000.00  
   
 
                
    3.   Excess of Collateral Invested Amount over Required Collateral Invested Amount:   $ 0.00  
   
 
                
    4.   Treated as Shared Principal Collections:   $ 197,273,008.34  
   
 
                
M.   Application of Principal Collections During Accumulation or Amortization Period.        
   
 
                
    1.   Principal Funding Account:   $ 0.00  
   
 
                
    2.   Excess of Collateral Invested Amount over Required Collateral Invested Amount:   $ 0.00  
   
 
                
    3.   Principal Distribution:   $ 0.00  
   
 
                
    4.   Treated as Shared Principal Collections:   $ 0.00  

- 58 -

 

                     
N.   Application of Excess Spread and Excess Finance Charge Collections Allocated to Series 2004-1.        
   
 
                
    1.   Excess Spread:   $ 10,124,362.58  
    2.   Excess Finance Charge Collections:   $ 0.00  
    3.   Applied to fund Class A Required Amount:   $ 0.00  
    4.   Class A Investor Charge-Offs treated as Available Principal Collections:   $ 0.00  
    5.   Applied to fund Class B overdue Interest:   $ 0.00  
    6.   Applied to fund Class B Required Amount:   $ 182,181.64  
    7.   Reduction of Class B Invested Amount treated as Available Principal Collections:   $ 0.00  
    8.   Applied to Collateral Monthly Interest:   $ 328,720.00  
    9.   Applied to unpaid Monthly Servicing Fee:   $ 1,333,333.33  
    10.   Collateral Default Amount treated as
Available Principal Collections:		   $ 218,617.97  
    11.   Reduction of Collateral Invested Amount treated as Available Principal Collections:   $ 0.00  
    12.   Deposited to Reserve Account:   $ 0.00  
    13.   Remaining Excess Spread distributed to Collateral Interest Holder:   $ 8,061,509.64  
   
 
                
O.   Yield and Base Rate.        
   
 
                
    1.   Base Rate:        
   
 
  a.   Current Monthly Period:     7.7034 %
   
 
  b.   Prior Monthly Period:     7.5586 %
   
 
  c.   Second Prior Monthly Period:     7.4623 %
    2.   Three Month Average Base Rate:     7.5748 %
   
 
                
    3.   Series Adjusted Portfolio Yield:        
   
 
  a.   Current Monthly Period:     19.4501 %
   
 
  b.   Prior Monthly Period:     19.3169 %
   
 
  c.   Second Prior Monthly Period:     19.4940 %
    4.   Three Month Average Series Adjusted Portfolio Yield:     19.4203 %
   
 
                
    5.   Is the 3 month average series adjusted portfolio yield more than the 3 month average base rate:   Yes

- 59 -

 

Series 2004-2 Certificates
A. Investor/Transferor Allocations
                         
            Total Investor        
    Series Allocations     Interest     Transferors Interest  
Beginning Invested /Transferor Amount
     641,791,145.33       400,000,000.00       241,791,145.33  
Beginning Adjusted Invested Amount
     N/A       400,000,000.00       N/A  
Floating Allocation Percentage
     N/A       62.3256 %     37.6744 %
Principal Allocation Percentage
     N/A       62.3256 %     37.6744 %
Collections of Finance Chg. Receivables
     12,206,291.70       7,607,641.08       4,598,650.62  
Collections of Principal Receivables
     156,311,378.08       97,421,959.91       58,889,418.17  
Defaulted Amount
     1,948,709.36       1,214,544.25       734,165.11  
 
                        
Ending Invested / Transferor Amounts
     636,014,285.04       400,000,000.00       236,014,285.04  
B. Monthly Period Funding Requirements
                                 
    Class A     Class B     Collateral Interest     Total  
Principal Funding Account
     0.00       0.00       0.00       0.00  
Investment Proceeds for Monthly Period
     0.00       0.00       0.00       0.00  
Reserve Account Opening Balance
     0.00       0.00       0.00       0.00  
Reserve Account Deposit
     0.00       0.00       0.00       0.00  
Reserve Draw Amount
     0.00       0.00       0.00       0.00  
Reserve Account Surplus
     0.00       0.00       0.00       0.00  
Reserve Account Closing Balance
     0.00       0.00       0.00       0.00  
 
                                
LIBOR Determination Date
   February 13, 2007   February 13, 2007   February 13, 2007        
Coupon February 15, 2007 - March 14, 2007
     5.4900 %     5.6900 %     5.9900 %        
 
     1,426,180.00       132,766.67       167,720.00       1,726,666.67  
 
                                
Monthly Interest Due Outstanding Monthly Interest Due
     0.00       0.00       0.00       0.00  
Additional Interest Due
     0.00       0.00       0.00       0.00  
Total Interest Due
     1,426,180.00       132,766.67       167,720.00       1,726,666.67  
Investor Default Amount
     1,014,144.45       91,090.82       109,308.98       1,214,544.25  
Investor Monthly Fees Due
     556,666.67       50,000.00       60,000.00       666,666.67  
Investor Additional Amounts Due
     0.00       0.00       0.00       0.00  
Total Due
     2,996,991.12       273,857.49       337,028.98       3,607,877.59  
 
                                
Reallocated Investor Finance Charge Collections
                             7,638,632.42  
Interest and Principal Funding Investment Proceeds
                             0.00  
Interest on Reserve Account
                             0.00  
Series Adjusted Portfolio Yield
                             19.5399 %
Base Rate
                             7.7997 %
Excess Spread Percentage
                             12.0923 %
C. Certificates — Balances and Distributions
                                 
    Class A     Class B     Collateral Interest     Total  
Beginning Certificates Balance
     334,000,000.00       30,000,000.00       36,000,000.00       400,000,000.00  
Interest Distributions
     1,426,180.00       132,766.67       167,720.00       1,726,666.67  
Principal Deposits — Prin. Funding Account
     0.00       0.00       0.00       0.00  
Principal Distributions
     0.00       0.00       0.00       0.00  
Total Distributions
     1,426,180.00       132,766.67       167,720.00       1,726,666.67  
Ending Certificates Balance
     334,000,000.00       30,000,000.00       36,000,000.00       400,000,000.00  

- 60 -

 

                     
D.   Information regarding distributions on the Distribution Date in respect of the Class A Certificates per $1,000 original certificate principal amount.        
   
 
                
    1.   Total amount of the distribution:   $ 4.27  
   
 
                
    2.   Amount of the distribution in respect of Class A Monthly Interest:   $ 4.27  
   
 
                
    3.   Amount of the distribution in respect of Class A Outstanding Monthly Interest:   $ 0.00  
   
 
                
    4.   Amount of the distribution in respect of Class A Additional Interest:   $ 0.00  
   
 
                
    5.   Amount of the distribution in respect of Class A Principal:   $ 0.00  
   
 
                
E.   Class A Investor Charge-Offs and Reimbursement of Class A Investor Charge-Offs on such Distribution Date.        
   
 
                
    1.   Total amount of Class A Investor Charge-Offs:   $ 0.00  
   
 
                
    2.   Amount of Class A Investor Charge- Offs per $1,000 original certificate principal amount:   $ 0.00  
   
 
                
    3.   Total amount reimbursed in respect of Class A Investor Charge-Offs:   $ 0.00  
   
 
                
    4.   Amount reimbursed in respect of Class A Investor Charge-Offs per $1,000 original certificate principal amount:   $ 0.00  
   
 
                
    5.   The amount, if any, by which the outstanding principal balance of the Class A Certificates exceeds the Class A Invested Amount after giving effect to all transactions on such Distribution Date:   $ 0.00  
   
 
                
F.   Information regarding distributions in respect of the Class B Certificates, per $1,000 original certificate principal amount.        
   
 
                
    1.   The total amount of the distribution:   $ 4.43  
   
 
                
    2.   Amount of the distribution in respect of Class B Monthly Interest:   $ 4.43  
   
 
                
    3.   Amount of the distribution in respect of Class B Outstanding Monthly Interest:   $ 0.00  

- 61 -

 

                     
    4.   Amount of the distribution in respect of Class B Additional Interest:   $ 0.00  
   
 
                
    5.   Amount of the distribution in respect of Class B Principal:   $ 0.00  
   
 
                
G.   Amount of reductions in Class B Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Class B Invested Amount on such Distribution Date.        
   
 
                
    1.   The amount of reductions in Class B Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Class B Invested Amount:   $ 0.00  
   
 
                
    2.   The amount of reductions in the Class B Invested Amount set forth in paragraph 1 above, per $1,000 original certificate principal amount:   $ 0.00  
   
 
                
    3.   The total amount reimbursed in respect of such reductions in the Class B Invested Amount:   $ 0.00  
   
 
                
    4.   The amount set forth in paragraph 3
above, per $1,000 original certificate
principal amount:		   $ 0.00  
   
 
                
    5.   The amount, if any, by which the outstanding principal balance of the Class B Certificates exceeds the Class B Invested Amount after giving effect to all transactions on such Distribution Date:   $ 0.00  
   
 
                
H.   Information regarding distributions on the Distribution Date to the Collateral Interest Holder.        
   
 
                
    1.   Total amount distributed to the Collateral Interest Holder:   $ 4,198,474.83  
   
 
                
    2.   Amount distributed in respect of Collateral Monthly Interest:   $ 167,720.00  
   
 
                
    3.   Amount distributed in respect of Collateral Additional Interest:   $ 0.00  

- 62 -

 

                     
    4.   The amount distributed to the Collateral Interest Holder in respect of principal on the Collateral Invested Amount:   $ 0.00  
   
 
                
    5.   Amount distributed to the Collateral Interest Holder in respect of remaining excess spread:   $ 4,030,754.83  
   
 
                
I.   Amount of reductions in Collateral Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Collateral Invested Amount.        
   
 
                
    1.   The amount of reductions in the Collateral Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Collateral Invested Amount:   $ 0.00  
   
 
                
    2.   The total amount reimbursed in respect of such reductions in the Collateral Invested Amount:   $ 0.00  
   
 
                
J.   Application of Reallocated Investor Finance Charge Collections.        
   
 
                
    1.   Class A Available Funds:   $ 6,378,258.07  
   
 
                
   
 
  a.   Class A Monthly Interest:   $ 1,426,180.00  
   
 
  b.   Class A Outstanding Monthly Interest:   $ 0.00  
   
 
  c.   Class A Additional Interest:   $ 0.00  
   
 
  d.   Class A Investor Default Amount
(Treated as Available Principal Collections): 		  $ 1,014,144.45  
   
 
  e.   Excess Spread:   $ 3,937,933.62  
   
 
                
    2.   Class B Available Funds:   $ 572,897.43  
   
 
                
   
 
  a.   Class B Monthly Interest:   $ 132,766.67  
   
 
  b.   Class B Outstanding Monthly Interest:   $ 0.00  
   
 
  c.   Class B Additional Interest:   $ 0.00  
   
 
  d.   Excess Spread:   $ 440,130.76  
   
 
                
    3.   Collateral Available Funds:   $ 687,476.92  
   
 
                
   
 
  a.   Excess Spread:   $ 687,476.92  
   
 
                
    4.   Total Excess Spread:   $ 5,065,541.30  
   
 
                
K.   Reallocated Principal Collections.        
   
 
                
    1.   Principal Allocation Percentage:     62.3256 %

- 63 -

 

                     
    2.   Series 2004-2 Allocable Principal Collections:   $ 156,311,378.08  
   
 
                
    3.   Principal Allocation Percentage of Series 2004-2 Allocable Principal Collections:   $ 97,421,959.91  
   
 
                
    4.   Reallocated Principal Collections Required to fund the Required Amount:   $ 0.00  
   
 
                
    5.   Item 3 minus item 4:   $ 97,421,959.91  
   
 
                
    6.   Shared Principal Collections from other Series allocated to Series 2004-2:   $ 0.00  
   
 
                
    7.   Other amounts Treated as Available Principal
Collections:		   $ 1,214,544.25  
   
 
                
    8.   Available Principal Collections (total of 5., 6. & 7.):   $ 98,636,504.16  
   
 
                
L.   Application of Available Principal Collections during Revolving Period.        
   
 
                
    1.   Collateral Invested Amount:   $ 36,000,000.00  
   
 
                
    2.   Required Collateral Invested Amount:   $ 36,000,000.00  
   
 
                
    3.   Excess of Collateral Invested Amount over Required Collateral Invested Amount:   $ 0.00  
   
 
                
    4.   Treated as Shared Principal Collections:   $ 98,636,504.16  
   
 
                
M.   Application of Principal Collections During Accumulation or Amortization Period.        
   
 
                
    1.   Principal Funding Account:   $ 0.00  
   
 
                
    2.   Excess of Collateral Invested Amount over Required Collateral Invested Amount:   $ 0.00  
   
 
                
    3.   Principal Distribution:   $ 0.00  
   
 
                
    4.   Treated as Shared Principal Collections:   $ 0.00  

- 64 -

 

                     
N.   Application of Excess Spread and Excess Finance Charge Collections Allocated to Series 2004-2.        
   
 
                
    1.   Excess Spread:   $ 5,065,541.30  
    2.   Excess Finance Charge Collections:   $ 0.00  
    3.   Applied to fund Class A Required Amount:   $ 0.00  
    4.   Class A Investor Charge-Offs treated as Available Principal Collections:   $ 0.00  
    5.   Applied to fund Class B overdue Interest:   $ 0.00  
    6.   Applied to fund Class B Required Amount:   $ 91,090.82  
    7.   Reduction of Class B Invested Amount treated as Available Principal Collections:   $ 0.00  
    8.   Applied to Collateral Monthly Interest:   $ 167,720.00  
    9.   Applied to unpaid Monthly Servicing Fee:   $ 666,666.67  
    10.   Collateral Default Amount treated as
Available Principal Collections:		   $ 109,308.98  
    11.   Reduction of Collateral Invested Amount treated as Available Principal Collections:   $ 0.00  
    12.   Deposited to Reserve Account:   $ 0.00  
    13.   Remaining Excess Spread distributed to Collateral Interest Holder:   $ 4,030,754.83  
   
 
                
O.   Yield and Base Rate.        
   
 
                
    1.   Base Rate:        
   
 
  a.   Current Monthly Period:     7.7997 %
   
 
  b.   Prior Monthly Period:     7.6549 %
   
 
  c.   Second Prior Monthly Period:     7.5585 %
    2.   Three Month Average Base Rate:     7.6710 %
   
 
                
    3.   Series Adjusted Portfolio Yield:        
   
 
  a.   Current Monthly Period:     19.5399 %
   
 
  b.   Prior Monthly Period:     19.4101 %
   
 
  c.   Second Prior Monthly Period:     19.5967 %
    4.   Three Month Average Series Adjusted Portfolio Yield:     19.5156 %
   
 
                
    5.   Is the 3 month average series adjusted portfolio yield more than the 3 month average base rate:   Yes

- 65 -

 

Series 2004-3 Certificates
A. Investor/Transferor Allocations
                         
            Total Investor        
    Series Allocations     Interest     Transferors Interest  
Beginning Invested /Transferor Amount
     962,686,717.99       600,000,000.00       362,686,717.99  
Beginning Adjusted Invested Amount
     N/A       600,000,000.00       N/A  
Floating Allocation Percentage
     N/A       62.3256 %     37.6744 %
Principal Allocation Percentage
     N/A       62.3256 %     37.6744 %
Collections of Finance Chg. Receivables
     18,309,437.56       11,411,461.62       6,897,975.94  
Collections of Principal Receivables
     234,467,067.13       146,132,939.87       88,334,127.26  
Defaulted Amount
     2,923,064.04       1,821,816.37       1,101,247.67  
 
                        
Ending Invested / Transferor Amounts
     954,021,427.57       600,000,000.00       354,021,427.57  
B. Monthly Period Funding Requirements
                                 
    Class A     Class B     Collateral Interest     Total  
Principal Funding Account
     0.00       0.00       0.00       0.00  
Investment Proceeds for Monthly Period
     0.00       0.00       0.00       0.00  
Reserve Account Opening Balance
     0.00       0.00       0.00       0.00  
Reserve Account Deposit
     0.00       0.00       0.00       0.00  
Reserve Draw Amount
     0.00       0.00       0.00       0.00  
Reserve Account Surplus
     0.00       0.00       0.00       0.00  
Reserve Account Closing Balance
     0.00       0.00       0.00       0.00  
 
                                
LIBOR Determination Date
   February 13, 2007     February 13, 2007     February 13, 2007          
Coupon February 15, 2007 - March 14, 2007
     4.3500 %     4.5500 %     5.7900 %        
 
     1,892,250.00       113,750.00       216,160.00       2,222,160.00  
 
                                
Monthly Interest Due
                                
Outstanding Monthly Interest Due
     0.00       0.00       0.00       0.00  
Additional Interest Due
     0.00       0.00       0.00       0.00  
Total Interest Due
     1,892,250.00       113,750.00       216,160.00       2,222,160.00  
Investor Default Amount
     1,584,980.24       91,090.82       145,745.31       1,821,816.37  
Investor Monthly Fees Due
     870,000.00       50,000.00       80,000.00       1,000,000.00  
Investor Additional Amounts Due
     0.00       0.00       0.00       0.00  
Total Due
     4,347,230.24       254,840.82       441,905.31       5,043,976.37  
 
                                
Reallocated Investor Finance Charge Collections
                             11,198,352.53  
Interest and Principal Funding Investment Proceeds
                             0.00  
Interest on Reserve Account
                             0.00  
Series Adjusted Portfolio Yield
                             19.0135 %
Base Rate
                             7.0005 %
Excess Spread Percentage
                             12.3088 %
C. Certificates — Balances and Distributions
                                 
    Class A     Class B     Collateral Interest     Total  
Beginning Certificates Balance
     522,000,000.00       30,000,000.00       48,000,000.00       600,000,000.00  
Interest Distributions
     1,892,250.00       113,750.00       216,160.00       2,222,160.00  
Principal Deposits — Prin. Funding Account
     0.00       0.00       0.00       0.00  
Principal Distributions
     0.00       0.00       0.00       0.00  
Total Distributions
     1,892,250.00       113,750.00       216,160.00       2,222,160.00  
Ending Certificates Balance
     522,000,000.00       30,000,000.00       48,000,000.00       600,000,000.00  

- 66 -

 

                     
D.   Information regarding distributions on the Distribution Date in respect of the Class A Certificates per $1,000 original certificate principal amount.        
           
 
        
    1.   Total amount of the distribution:   $ 3.63  
           
 
        
    2.   Amount of the distribution in respect of Class A Monthly Interest:   $ 3.63  
           
 
        
    3.   Amount of the distribution in respect of Class A Outstanding Monthly Interest:   $ 0.00  
           
 
        
    4.   Amount of the distribution in respect of Class A Additional Interest:   $ 0.00  
           
 
        
    5.   Amount of the distribution in respect of Class A Principal:   $ 0.00  
           
 
        
E.   Class A Investor Charge-Offs and Reimbursement of Class A Investor Charge-Offs on such Distribution Date.        
           
 
        
    1.   Total amount of Class A Investor Charge-Offs:   $ 0.00  
           
 
        
    2.   Amount of Class A Investor Charge- Offs per $1,000 original certificate principal amount:   $ 0.00  
           
 
        
    3.   Total amount reimbursed in respect of Class A Investor Charge-Offs:   $ 0.00  
           
 
        
    4.   Amount reimbursed in respect of Class A Investor Charge-Offs per $1,000 original certificate principal amount:   $ 0.00  
           
 
        
    5.   The amount, if any, by which the outstanding principal balance of the Class A Certificates exceeds the Class A Invested Amount after giving effect to all transactions on such Distribution Date:   $ 0.00  
           
 
        
F.   Information regarding distributions in respect of the Class B Certificates, per $1,000 original certificate principal amount.        
           
 
        
    1.   The total amount of the distribution:   $ 3.79  
           
 
        
    2.   Amount of the distribution in respect of Class B Monthly Interest:   $ 3.79  
           
 
        
    3.   Amount of the distribution in respect of Class B Outstanding Monthly Interest:   $ 0.00  

- 67 -

 

                     
    4.   Amount of the distribution in respect of Class B Additional Interest:   $ 0.00  
           
 
        
    5.   Amount of the distribution in respect of Class B Principal:   $ 0.00  
           
 
        
G.   Amount of reductions in Class B Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Class B Invested Amount on such Distribution Date.        
           
 
        
    1.   The amount of reductions in Class B Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Class B Invested Amount:   $ 0.00  
           
 
        
    2.   The amount of reductions in the Class B Invested Amount set forth in paragraph 1 above, per $1,000 original certificate principal amount:   $ 0.00  
           
 
        
    3.   The total amount reimbursed in respect of such reductions in the Class B Invested Amount:   $ 0.00  
           
 
        
    4.   The amount set forth in paragraph 3
above, per $1,000 original certificate
principal amount:		   $ 0.00  
           
 
        
    5.   The amount, if any, by which the outstanding principal balance of the Class B Certificates exceeds the Class B Invested Amount after giving effect to all transactions on such Distribution Date:   $ 0.00  
           
 
        
H.   Information regarding distributions on the Distribution Date to the Collateral Interest Holder.        
           
 
        
    1.   Total amount distributed to the Collateral Interest Holder:   $ 6,370,536.16  
           
 
        
    2.   Amount distributed in respect of Collateral Monthly Interest:   $ 216,160.00  
           
 
        
    3.   Amount distributed in respect of Collateral Additional Interest:   $ 0.00  

- 68 -

 

                     
    4.   The amount distributed to the Collateral Interest Holder in respect of principal on the Collateral Invested Amount:   $ 0.00  
           
 
        
    5.   Amount distributed to the Collateral Interest Holder in respect of remaining excess spread:   $ 6,154,376.16  
           
 
        
I.   Amount of reductions in Collateral Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Collateral Invested Amount.        
           
 
        
    1.   The amount of reductions in the Collateral Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Collateral Invested Amount:   $ 0.00  
           
 
        
    2.   The total amount reimbursed in respect of such reductions in the Collateral Invested Amount:   $ 0.00  
           
 
        
J.   Application of Reallocated Investor Finance Charge Collections.        
           
 
        
    1.   Class A Available Funds:   $ 9,742,566.70  
           
 
        
        a.  
Class A Monthly Interest:
   $ 1,892,250.00  
        b.  
Class A Outstanding Monthly Interest:
   $ 0.00  
        c.  
Class A Additional Interest:
   $ 0.00  
        d.  
Class A Investor Default Amount (Treated as Available Principal Collections):
   $ 1,584,980.24  
        e.  
Excess Spread:
   $ 6,265,336.46  
           
 
        
    2.   Class B Available Funds:   $ 559,917.63  
           
 
        
        a.  
Class B Monthly Interest:
   $ 113,750.00  
        b.  
Class B Outstanding Monthly Interest:
   $ 0.00  
        c.  
Class B Additional Interest:
   $ 0.00  
        d.  
Excess Spread:
   $ 446,167.63  
           
 
        
    3.   Collateral Available Funds:   $ 895,868.20  
           
 
        
        a.  
Excess Spread:
   $ 895,868.20  
           
 
        
    4.   Total Excess Spread:   $ 7,607,372.29  
           
 
        
K.   Reallocated Principal Collections.        
           
 
        
    1.   Principal Allocation Percentage:     62.3256 %

- 69 -

 

                     
    2.   Series 2004-3 Allocable Principal Collections:   $ 234,467,067.13  
           
 
        
    3.   Principal Allocation Percentage of Series 2004-3 Allocable Principal Collections:   $ 146,132,939.87  
           
 
        
    4.   Reallocated Principal Collections Required to fund the Required Amount:   $ 0.00  
           
 
        
    5.   Item 3 minus item 4:   $ 146,132,939.87  
           
 
        
    6.   Shared Principal Collections from other Series allocated to Series 2004-3:   $ 0.00  
           
 
        
    7.   Other amounts Treated as Available Principal
Collections:		   $ 1,821,816.37  
           
 
        
    8.   Available Principal Collections (total of 5., 6. & 7.):   $ 147,954,756.24  
           
 
        
L.   Application of Available Principal Collections during Revolving Period.        
           
 
        
    1.   Collateral Invested Amount:   $ 48,000,000.00  
           
 
        
    2.   Required Collateral Invested Amount:   $ 48,000,000.00  
           
 
        
    3.   Excess of Collateral Invested Amount over Required Collateral Invested Amount:   $ 0.00  
           
 
        
    4.   Treated as Shared Principal Collections:   $ 147,954,756.24  
           
 
        
M.   Application of Principal Collections During Accumulation or Amortization Period.        
           
 
        
    1.   Principal Funding Account:   $ 0.00  
           
 
        
    2.   Excess of Collateral Invested Amount over Required Collateral Invested Amount:   $ 0.00  
           
 
        
    3.   Principal Distribution:   $ 0.00  
           
 
        
    4.   Treated as Shared Principal Collections:   $ 0.00  

- 70 -

 

                     
N.   Application of Excess Spread and Excess Finance Charge Collections Allocated to Series 2004-3.        
           
 
        
    1.   Excess Spread:   $ 7,607,372.29  
    2.   Excess Finance Charge Collections:   $ 0.00  
    3.   Applied to fund Class A Required Amount:   $ 0.00  
    4.   Class A Investor Charge-Offs treated as Available Principal Collections:   $ 0.00  
    5.   Applied to fund Class B overdue Interest:   $ 0.00  
    6.   Applied to fund Class B Required Amount:   $ 91,090.82  
    7.   Reduction of Class B Invested Amount treated as Available Principal Collections:   $ 0.00  
    8.   Applied to Collateral Monthly Interest:   $ 216,160.00  
    9.   Applied to unpaid Monthly Servicing Fee:   $ 1,000,000.00  
    10.   Collateral Default Amount treated as
Available Principal Collections:		   $ 145,745.31  
    11.   Reduction of Collateral Invested Amount treated as Available Principal Collections:   $ 0.00  
    12.   Deposited to Reserve Account:   $ 0.00  
    13.   Remaining Excess Spread distributed to Collateral Interest Holder:   $ 6,154,376.16  
           
 
        
O.   Yield and Base Rate.        
           
 
        
    1.   Base Rate:        
        a.  
Current Monthly Period:
     7.0005 %
        b.  
Prior Monthly Period:
     6.5651 %
        c.  
Second Prior Monthly Period:
     6.1866 %
    2.   Three Month Average Base Rate:     6.5841 %
           
 
        
    3.   Series Adjusted Portfolio Yield:        
        a.  
Current Monthly Period:
     19.0135 %
        b.  
Prior Monthly Period:
     18.9036 %
        c.  
Second Prior Monthly Period:
     19.0817 %
    4.   Three Month Average Series Adjusted Portfolio Yield:     18.9996 %
           
 
        
    5.   Is the 3 month average series adjusted portfolio yield more than the 3 month average base rate:   Yes  

- 71 -

 

Series 2004-4 Certificates
A. Investor/Transferor Allocations
                         
            Total Investor        
    Series Allocations     Interest     Transferors Interest  
Beginning Invested /Transferor Amount
     1,764,925,649.65       1,100,000,000.00       664,925,649.65  
Beginning Adjusted Invested Amount
     N/A       1,100,000,000.00       N/A  
Floating Allocation Percentage
     N/A       62.3256 %     37.6744 %
Principal Allocation Percentage
     N/A       62.3256 %     37.6744 %
Collections of Finance Chg. Receivables
     33,567,302.19       20,921,012.97       12,646,289.22  
Collections of Principal Receivables
     429,856,289.73       267,910,389.76       161,945,899.97  
Defaulted Amount
     5,358,950.73       3,339,996.68       2,018,954.05  
 
                        
Ending Invested / Transferor Amounts
     1,749,039,283.87       1,100,000,000.00       649,039,283.87  
B. Monthly Period Funding Requirements
                                 
    Class A     Class B     Collateral Interest     Total  
Principal Funding Account
     0.00       0.00       0.00       0.00  
Investment Proceeds for Monthly Period
     0.00       0.00       0.00       0.00  
Reserve Account Opening Balance
     0.00       0.00       0.00       0.00  
Reserve Account Deposit
     0.00       0.00       0.00       0.00  
Reserve Draw Amount
     0.00       0.00       0.00       0.00  
Reserve Account Surplus
     0.00       0.00       0.00       0.00  
Reserve Account Closing Balance
     0.00       0.00       0.00       0.00  
 
                                
LIBOR Determination Date
   February 13, 2007     February 13, 2007     February 13, 2007          
Coupon February 15, 2007 - March 14, 2007
     5.4100 %     5.6000 %     5.7900 %        
 
     3,864,843.89       359,333.33       445,830.00       4,670,007.22  
 
                                
Monthly Interest Due
                                
Outstanding Monthly Interest Due
     0.00       0.00       0.00       0.00  
Additional Interest Due
     0.00       0.00       0.00       0.00  
Total Interest Due
     3,864,843.89       359,333.33       445,830.00       4,670,007.22  
Investor Default Amount
     2,788,897.23       250,499.75       300,599.70       3,339,996.68  
Investor Monthly Fees Due
     1,530,833.33       137,500.00       165,000.00       1,833,333.33  
Investor Additional Amounts Due
     0.00       0.00       0.00       0.00  
Total Due
     8,184,574.45       747,333.08       911,429.70       9,843,337.23  
 
                                
Reallocated Investor Finance Charge Collections
                             20,927,913.01  
Interest and Principal Funding Investment Proceeds
                             0.00  
Interest on Reserve Account
                             0.00  
Series Adjusted Portfolio Yield
                             19.4533 %
Base Rate
                             7.7069 %
Excess Spread Percentage
                             12.0923 %
C. Certificates — Balances and Distributions
                                 
    Class A     Class B     Collateral Interest     Total  
Beginning Certificates Balance
     918,500,000.00       82,500,000.00       99,000,000.00       1,100,000,000.00  
Interest Distributions
     3,864,843.89       359,333.33       445,830.00       4,670,007.22  
Principal Deposits — Prin. Funding Account
     0.00       0.00       0.00       0.00  
Principal Distributions
     0.00       0.00       0.00       0.00  
Total Distributions
     3,864,843.89       359,333.33       445,830.00       4,670,007.22  
Ending Certificates Balance
     918,500,000.00       82,500,000.00       99,000,000.00       1,100,000,000.00  

- 72 -

 

                     
D.   Information regarding distributions on the Distribution Date in respect of the Class A Certificates per $1,000 original certificate principal amount.        
           
 
        
    1.   Total amount of the distribution:   $ 4.21  
           
 
        
    2.   Amount of the distribution in respect of Class A Monthly Interest:   $ 4.21  
           
 
        
    3.   Amount of the distribution in respect of Class A Outstanding Monthly Interest:   $ 0.00  
           
 
        
    4.   Amount of the distribution in respect of Class A Additional Interest:   $ 0.00  
           
 
        
    5.   Amount of the distribution in respect of Class A Principal:   $ 0.00  
           
 
        
E.   Class A Investor Charge-Offs and Reimbursement of Class A Investor Charge-Offs on such Distribution Date.        
           
 
        
    1.   Total amount of Class A Investor Charge-Offs:   $ 0.00  
           
 
        
    2.   Amount of Class A Investor Charge- Offs per $1,000 original certificate principal amount:   $ 0.00  
           
 
        
    3.   Total amount reimbursed in respect of Class A Investor Charge-Offs:   $ 0.00  
           
 
        
    4.   Amount reimbursed in respect of Class A Investor Charge-Offs per $1,000 original certificate principal amount:   $ 0.00  
           
 
        
    5.   The amount, if any, by which the outstanding principal balance of the Class A Certificates exceeds the Class A Invested Amount after giving effect to all transactions on such Distribution Date:   $ 0.00  
           
 
        
F.   Information regarding distributions in respect of the Class B Certificates, per $1,000 original certificate principal amount.        
           
 
        
    1.   The total amount of the distribution:   $ 4.36  
           
 
        
    2.   Amount of the distribution in respect of Class B Monthly Interest:   $ 4.36  
           
 
        
    3.   Amount of the distribution in respect of Class B Outstanding Monthly Interest:   $ 0.00  

- 73 -

 

                     
    4.   Amount of the distribution in respect of Class B Additional Interest:   $ 0.00  
           
 
        
    5.   Amount of the distribution in respect of Class B Principal:   $ 0.00  
           
 
        
G.   Amount of reductions in Class B Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Class B Invested Amount on such Distribution Date.        
           
 
        
    1.   The amount of reductions in Class B Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Class B Invested Amount:   $ 0.00  
           
 
        
    2.   The amount of reductions in the Class B Invested Amount set forth in paragraph 1 above, per $1,000 original certificate principal amount:   $ 0.00  
           
 
        
    3.   The total amount reimbursed in respect of such reductions in the Class B Invested Amount:   $ 0.00  
           
 
        
    4.   The amount set forth in paragraph 3
above, per $1,000 original certificate
principal amount:		   $ 0.00  
           
 
        
    5.   The amount, if any, by which the outstanding principal balance of the Class B Certificates exceeds the Class B Invested Amount after giving effect to all transactions on such Distribution Date:   $ 0.00  
           
 
        
H.   Information regarding distributions on the Distribution Date to the Collateral Interest Holder.        
           
 
        
    1.   Total amount distributed to the Collateral Interest Holder:   $ 11,530,405.78  
           
 
        
    2.   Amount distributed in respect of Collateral Monthly Interest:   $ 445,830.00  
           
 
        
    3.   Amount distributed in respect of Collateral Additional Interest:   $ 0.00  

- 74 -

 

                     
    4.   The amount distributed to the Collateral Interest Holder in respect of principal on the Collateral Invested Amount:   $ 0.00  
           
 
        
    5.   Amount distributed to the Collateral Interest Holder in respect of remaining excess spread:   $ 11,084,575.78  
           
 
        
I.   Amount of reductions in Collateral Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Collateral Invested Amount.        
           
 
        
    1.   The amount of reductions in the Collateral Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Collateral Invested Amount:   $ 0.00  
           
 
        
    2.   The total amount reimbursed in respect of such reductions in the Collateral Invested Amount:   $ 0.00  
           
 
        
J.   Application of Reallocated Investor Finance Charge Collections.        
           
 
        
    1.   Class A Available Funds:   $ 17,474,807.36  
           
 
        
        a.  
Class A Monthly Interest:
   $ 3,864,843.89  
        b.  
Class A Outstanding Monthly Interest:
   $ 0.00  
        c.  
Class A Additional Interest:
   $ 0.00  
        d.  
Class A Investor Default Amount (Treated as Available Principal Collections):
   $ 2,788,897.23  
        e.  
Excess Spread:
   $ 10,821,066.24  
           
 
        
    2.   Class B Available Funds:   $ 1,569,593.48  
           
 
        
        a.  
Class B Monthly Interest:
   $ 359,333.33  
        b.  
Class B Outstanding Monthly Interest:
   $ 0.00  
        c.  
Class B Additional Interest:
   $ 0.00  
        d.  
Excess Spread:
   $ 1,210,260.15  
           
 
        
    3.   Collateral Available Funds:   $ 1,883,512.17  
           
 
        
        a.  
Excess Spread:
   $ 1,883,512.17  
           
 
       
    4.   Total Excess Spread:   $ 13,914,838.56  
           
 
        
K.   Reallocated Principal Collections.        
           
 
        
    1.   Principal Allocation Percentage:     62.3256 %

- 75 -

 

                     
    2.   Series 2004-4 Allocable Principal Collections:   $ 429,856,289.73  
           
 
        
    3.   Principal Allocation Percentage of Series 2004-4 Allocable Principal Collections:   $ 267,910,389.76  
           
 
        
    4.   Reallocated Principal Collections Required to fund the Required Amount:   $ 0.00  
           
 
        
    5.   Item 3 minus item 4:   $ 267,910,389.76  
           
 
        
    6.   Shared Principal Collections from other Series allocated to Series 2004-4:   $ 0.00  
           
 
        
    7.   Other amounts Treated as Available Principal
Collections:		   $ 3,339,996.68  
           
 
        
    8.   Available Principal Collections (total of 5., 6. & 7.):   $ 271,250,386.44  
           
 
        
L.   Application of Available Principal Collections during Revolving Period.        
           
 
        
    1.   Collateral Invested Amount:   $ 99,000,000.00  
           
 
        
    2.   Required Collateral Invested Amount:   $ 99,000,000.00  
           
 
        
    3.   Excess of Collateral Invested Amount over Required Collateral Invested Amount:   $ 0.00  
           
 
        
    4.   Treated as Shared Principal Collections:   $ 271,250,386.44  
           
 
        
M.   Application of Principal Collections During Accumulation or Amortization Period.        
           
 
        
    1.   Principal Funding Account:   $ 0.00  
           
 
        
    2.   Excess of Collateral Invested Amount over Required Collateral Invested Amount:   $ 0.00  
           
 
        
    3.   Principal Distribution:   $ 0.00  
           
 
        
    4.   Treated as Shared Principal Collections:   $ 0.00  

- 76 -

 

                     
N.   Application of Excess Spread and Excess Finance Charge Collections Allocated to Series 2004-4.        
           
 
        
    1.   Excess Spread:   $ 13,914,838.56  
    2.   Excess Finance Charge Collections:   $ 0.00  
    3.   Applied to fund Class A Required Amount:   $ 0.00  
    4.   Class A Investor Charge-Offs treated as Available Principal Collections:   $ 0.00  
    5.   Applied to fund Class B overdue Interest:   $ 0.00  
    6.   Applied to fund Class B Required Amount:   $ 250,499.75  
    7.   Reduction of Class B Invested Amount treated as Available Principal Collections:   $ 0.00  
    8.   Applied to Collateral Monthly Interest:   $ 445,830.00  
    9.   Applied to unpaid Monthly Servicing Fee:   $ 1,833,333.33  
    10.   Collateral Default Amount treated as
Available Principal Collections:		   $ 300,599.70  
    11.   Reduction of Collateral Invested Amount treated as Available Principal Collections:   $ 0.00  
    12.   Deposited to Reserve Account:   $ 0.00  
    13.   Remaining Excess Spread distributed to Collateral Interest Holder:   $ 11,084,575.78  
           
 
        
O.   Yield and Base Rate.        
           
 
        
    1.   Base Rate:        
        a.  
Current Monthly Period:
     7.7069 %
        b.  
Prior Monthly Period:
     7.5620 %
        c.  
Second Prior Monthly Period:
     7.4657 %
    2.   Three Month Average Base Rate:     7.5782 %
           
 
        
    3.   Series Adjusted Portfolio Yield:        
        a.  
Current Monthly Period:
     19.4533 %
        b.  
Prior Monthly Period:
     19.3202 %
        c.  
Second Prior Monthly Period:
     19.4977 %
    4.   Three Month Average Series Adjusted Portfolio Yield:     19.4238 %
           
 
        
    5.   Is the 3 month average series adjusted portfolio yield more than the 3 month average base rate:   Yes  

- 77 -

 

Series 2004-5 Certificates
A. Investor/Transferor Allocations
                         
            Total Investor        
    Series Allocations     Interest     Transferors Interest  
Beginning Invested /Transferor Amount
     1,604,477,863.32       1,000,000,000.00       604,477,863.32  
Beginning Adjusted Invested Amount
     N/A       1,000,000,000.00       N/A  
Floating Allocation Percentage
     N/A       62.3256 %     37.6744 %
Principal Allocation Percentage
     N/A       62.3256 %     37.6744 %
Collections of Finance Chg. Receivables
     30,515,729.26       19,019,102.70       11,496,626.56  
Collections of Principal Receivables
     390,778,445.21       243,554,899.79       147,223,545.42  
Defaulted Amount
     4,871,773.39       3,036,360.61       1,835,412.78  
 
                        
Ending Invested / Transferor Amounts
     1,590,035,712.61       1,000,000,000.00       590,035,712.61  
B. Monthly Period Funding Requirements
                                 
    Class A     Class B     Collateral Interest     Total  
Principal Funding Account
     0.00       0.00       0.00       0.00  
Investment Proceeds for Monthly Period
     0.00       0.00       0.00       0.00  
Reserve Account Opening Balance
     0.00       0.00       0.00       0.00  
Reserve Account Deposit
     0.00       0.00       0.00       0.00  
Reserve Draw Amount
     0.00       0.00       0.00       0.00  
Reserve Account Surplus
     0.00       0.00       0.00       0.00  
Reserve Account Closing Balance
     0.00       0.00       0.00       0.00  
 
                                
LIBOR Determination Date
   February 13, 2007     February 13, 2007     February 13, 2007          
Coupon February 15, 2007 - March 14, 2007
     5.4100 %     5.5700 %     5.7800 %        
 
     3,513,494.44       324,916.67       404,600.00       4,243,011.11  
 
                                
Monthly Interest Due
                                
Outstanding Monthly Interest Due
     0.00       0.00       0.00       0.00  
Additional Interest Due
     0.00       0.00       0.00       0.00  
Total Interest Due
     3,513,494.44       324,916.67       404,600.00       4,243,011.11  
Investor Default Amount
     2,535,361.11       227,727.05       273,272.45       3,036,360.61  
Investor Monthly Fees Due
     1,391,666.67       125,000.00       150,000.00       1,666,666.67  
Investor Additional Amounts Due
     0.00       0.00       0.00       0.00  
Total Due
     7,440,522.22       677,643.72       827,872.45       8,946,038.39  
 
                                
Reallocated Investor Finance Charge Collections
                             19,022,925.46  
Interest and Principal Funding Investment Proceeds
                             0.00  
Interest on Reserve Account
                             0.00  
Series Adjusted Portfolio Yield
                             19.4503 %
Base Rate
                             7.7037 %
Excess Spread Percentage
                             12.0923 %
C. Certificates — Balances and Distributions
                                 
    Class A     Class B     Collateral Interest     Total  
Beginning Certificates Balance
     835,000,000.00       75,000,000.00       90,000,000.00       1,000,000,000.00  
Interest Distributions
     3,513,494.44       324,916.67       404,600.00       4,243,011.11  
Principal Deposits — Prin. Funding Account
     0.00       0.00       0.00       0.00  
Principal Distributions
     0.00       0.00       0.00       0.00  
Total Distributions
     3,513,494.44       324,916.67       404,600.00       4,243,011.11  
Ending Certificates Balance
     835,000,000.00       75,000,000.00       90,000,000.00       1,000,000,000.00  

- 78 -

 

                     
D.   Information regarding distributions on the Distribution Date in respect of the Class A Certificates per $1,000 original certificate principal amount.        
           
 
        
    1.   Total amount of the distribution:   $ 4.21  
           
 
        
    2.   Amount of the distribution in respect of Class A Monthly Interest:   $ 4.21  
           
 
        
    3.   Amount of the distribution in respect of Class A Outstanding Monthly Interest:   $ 0.00  
           
 
        
    4.   Amount of the distribution in respect of Class A Additional Interest:   $ 0.00  
           
 
        
    5.   Amount of the distribution in respect of Class A Principal:   $ 0.00  
           
 
        
E.   Class A Investor Charge-Offs and Reimbursement of Class A Investor Charge-Offs on such Distribution Date.        
           
 
        
    1.   Total amount of Class A Investor Charge-Offs:   $ 0.00  
           
 
        
    2.   Amount of Class A Investor Charge- Offs per $1,000 original certificate principal amount:   $ 0.00  
           
 
        
    3.   Total amount reimbursed in respect of Class A Investor Charge-Offs:   $ 0.00  
           
 
        
    4.   Amount reimbursed in respect of Class A Investor Charge-Offs per $1,000 original certificate principal amount:   $ 0.00  
           
 
        
    5.   The amount, if any, by which the outstanding principal balance of the Class A Certificates exceeds the Class A Invested Amount after giving effect to all transactions on such Distribution Date:   $ 0.00  
           
 
        
F.   Information regarding distributions in respect of the Class B Certificates, per $1,000 original certificate principal amount.        
           
 
        
    1.   The total amount of the distribution:   $ 4.33  
    2.   Amount of the distribution in respect of Class B Monthly Interest:   $ 4.33  
           
 
        
    3.   Amount of the distribution in respect of Class B Outstanding Monthly Interest:   $ 0.00  

- 79 -

 

                     
    4.   Amount of the distribution in respect of Class B Additional Interest:   $ 0.00  
           
 
        
    5.   Amount of the distribution in respect of Class B Principal:   $ 0.00  
           
 
        
G.   Amount of reductions in Class B Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Class B Invested Amount on such Distribution Date.        
           
 
        
    1.   The amount of reductions in Class B Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Class B Invested Amount:   $ 0.00  
           
 
        
    2.   The amount of reductions in the Class B Invested Amount set forth in paragraph 1 above, per $1,000 original certificate principal amount:   $ 0.00  
           
 
        
    3.   The total amount reimbursed in respect of such reductions in the Class B Invested Amount:   $ 0.00  
           
 
        
    4.   The amount set forth in paragraph 3
above, per $1,000 original certificate
principal amount:		   $ 0.00  
           
 
        
    5.   The amount, if any, by which the outstanding principal balance of the Class B Certificates exceeds the Class B Invested Amount after giving effect to all transactions on such Distribution Date:   $ 0.00  
           
 
        
H.   Information regarding distributions on the Distribution Date to the Collateral Interest Holder.        
           
 
        
    1.   Total amount distributed to the Collateral Interest Holder:   $ 10,481,487.07  
           
 
        
    2.   Amount distributed in respect of Collateral Monthly Interest:   $ 404,600.00  
           
 
        
    3.   Amount distributed in respect of Collateral Additional Interest:   $ 0.00  

- 80 -

 

                     
    4.   The amount distributed to the Collateral Interest Holder in respect of principal on the Collateral Invested Amount:   $ 0.00  
           
 
        
    5.   Amount distributed to the Collateral Interest Holder in respect of remaining excess spread:   $ 10,076,887.07  
           
 
        
I.   Amount of reductions in Collateral Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Collateral Invested Amount.        
           
 
        
    1.   The amount of reductions in the Collateral Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Collateral Invested Amount:   $ 0.00  
           
 
        
    2.   The total amount reimbursed in respect of such reductions in the Collateral Invested Amount:   $ 0.00  
           
 
        
J.   Application of Reallocated Investor Finance Charge Collections.        
           
 
        
    1.   Class A Available Funds:   $ 15,884,142.76  
           
 
        
        a.  
Class A Monthly Interest:
   $ 3,513,494.44  
        b.  
Class A Outstanding Monthly Interest:
   $ 0.00  
        c.  
Class A Additional Interest:
   $ 0.00  
        d.  
Class A Investor Default Amount (Treated as Available Principal Collections):
   $ 2,535,361.11  
        e.  
Excess Spread:
   $ 9,835,287.21  
           
 
        
    2.   Class B Available Funds:   $ 1,426,719.41  
           
 
        
        a.  
Class B Monthly Interest:
   $ 324,916.67  
        b.  
Class B Outstanding Monthly Interest:
   $ 0.00  
        c.  
Class B Additional Interest:
   $ 0.00  
        d.  
Excess Spread:
   $ 1,101,802.74  
           
 
        
    3.   Collateral Available Funds:   $ 1,712,063.29  
           
 
        
        a.  
Excess Spread:
   $ 1,712,063.29  
           
 
       
    4.   Total Excess Spread:   $ 12,649,153.24  
           
 
        
K.   Reallocated Principal Collections.        
           
 
        
    1.   Principal Allocation Percentage:     62.3256 %

- 81 -

 

                     
    2.   Series 2004-5 Allocable Principal Collections:   $ 390,778,445.21  
           
 
        
    3.   Principal Allocation Percentage of Series 2004-5 Allocable Principal Collections:   $ 243,554,899.79  
           
 
        
    4.   Reallocated Principal Collections Required to fund the Required Amount:   $ 0.00  
           
 
        
    5.   Item 3 minus item 4:   $ 243,554,899.79  
           
 
        
    6.   Shared Principal Collections from other Series allocated to Series 2004-5:   $ 0.00  
           
 
        
    7.   Other amounts Treated as Available Principal
Collections:		   $ 3,036,360.61  
           
 
        
    8.   Available Principal Collections (total of 5., 6. & 7.):   $ 246,591,260.40  
           
 
        
L.   Application of Available Principal Collections during Revolving Period.        
           
 
        
    1.   Collateral Invested Amount:   $ 90,000,000.00  
           
 
        
    2.   Required Collateral Invested Amount:   $ 90,000,000.00  
           
 
        
    3.   Excess of Collateral Invested Amount over Required Collateral Invested Amount:   $ 0.00  
           
 
        
    4.   Treated as Shared Principal Collections:   $ 246,591,260.40  
           
 
        
M.   Application of Principal Collections During Accumulation or Amortization Period.        
           
 
        
    1.   Principal Funding Account:   $ 0.00  
           
 
        
    2.   Excess of Collateral Invested Amount over Required Collateral Invested Amount:   $ 0.00  
           
 
        
    3.   Principal Distribution:   $ 0.00  
           
 
        
    4.   Treated as Shared Principal Collections:   $ 0.00  

- 82 -

 

                     
N.   Application of Excess Spread and Excess Finance Charge Collections Allocated to Series 2004-5.        
           
 
        
    1.   Excess Spread:   $ 12,649,153.24  
    2.   Excess Finance Charge Collections:   $ 0.00  
    3.   Applied to fund Class A Required Amount:   $ 0.00  
    4.   Class A Investor Charge-Offs treated as Available Principal Collections:   $ 0.00  
    5.   Applied to fund Class B overdue Interest:   $ 0.00  
    6.   Applied to fund Class B Required Amount:   $ 227,727.05  
    7.   Reduction of Class B Invested Amount treated as Available Principal Collections:   $ 0.00  
    8.   Applied to Collateral Monthly Interest:   $ 404,600.00  
    9.   Applied to unpaid Monthly Servicing Fee:   $ 1,666,666.67  
    10.   Collateral Default Amount treated as
Available Principal Collections:		   $ 273,272.45  
    11.   Reduction of Collateral Invested Amount treated as Available Principal Collections:   $ 0.00  
    12.   Deposited to Reserve Account:   $ 0.00  
    13.   Remaining Excess Spread distributed to Collateral Interest Holder:   $ 10,076,887.07  
           
 
        
O.   Yield and Base Rate.        
           
 
        
    1.   Base Rate:        
        a.  
Current Monthly Period:
     7.7037 %
        b.  
Prior Monthly Period:
     7.5588 %
        c.  
Second Prior Monthly Period:
     7.4625 %
    2.   Three Month Average Base Rate:     7.5750 %
           
 
        
    3.   Series Adjusted Portfolio Yield:        
        a.  
Current Monthly Period:
     19.4503 %
        b.  
Prior Monthly Period:
     19.3172 %
        c.  
Second Prior Monthly Period:
     19.4943 %
    4.   Three Month Average Series Adjusted Portfolio Yield:     19.4206 %
           
 
        
    5.   Is the 3 month average series adjusted portfolio yield more than the 3 month average base rate:   Yes  

- 83 -

 

Series 2005-1 Certificates
A. Investor/Transferor Allocations
                         
            Total Investor        
    Series Allocations     Interest     Transferors Interest  
Beginning Invested /Transferor Amount
     962,686,717.99       600,000,000.00       362,686,717.99  
Beginning Adjusted Invested Amount
     N/A       600,000,000.00       N/A  
Floating Allocation Percentage
     N/A       62.3256 %     37.6744 %
Principal Allocation Percentage
     N/A       62.3256 %     37.6744 %
Collections of Finance Chg. Receivables
     18,309,437.56       11,411,461.62       6,897,975.94  
Collections of Principal Receivables
     234,467,067.13       146,132,939.87       88,334,127.26  
Defaulted Amount
     2,923,064.04       1,821,816.37       1,101,247.67  
 
                        
Ending Invested / Transferor Amounts
     954,021,427.57       600,000,000.00       354,021,427.57  
B. Monthly Period Funding Requirements
                                 
    Class A     Class B     Collateral Interest     Total  
Principal Funding Account
     0.00       0.00       0.00       0.00  
Investment Proceeds for Monthly Period
     0.00       0.00       0.00       0.00  
Reserve Account Opening Balance
     0.00       0.00       0.00       0.00  
Reserve Account Deposit
     0.00       0.00       0.00       0.00  
Reserve Draw Amount
     0.00       0.00       0.00       0.00  
Reserve Account Surplus
     0.00       0.00       0.00       0.00  
Reserve Account Closing Balance
     0.00       0.00       0.00       0.00  
 
                                
LIBOR Determination Date
   February 13, 2007     February 13, 2007     February 13, 2007          
Coupon February 15, 2007 - March 14, 2007
     5.3500 %     5.4400 %     5.6500 %        
 
     2,084,716.67       190,400.00       237,300.00       2,512,416.67  
 
                                
Monthly Interest Due
                                
Outstanding Monthly Interest Due
     0.00       0.00       0.00       0.00  
Additional Interest Due
     0.00       0.00       0.00       0.00  
Total Interest Due
     2,084,716.67       190,400.00       237,300.00       2,512,416.67  
Investor Default Amount
     1,521,216.67       136,636.23       163,963.47       1,821,816.37  
Investor Monthly Fees Due
     835,000.00       75,000.00       90,000.00       1,000,000.00  
Investor Additional Amounts Due
     0.00       0.00       0.00       0.00  
Total Due
     4,440,933.34       402,036.23       491,263.47       5,334,233.04  
 
                                
Reallocated Investor Finance Charge Collections
                             11,380,365.28  
Interest and Principal Funding Investment Proceeds
                             0.00  
Interest on Reserve Account
                             0.00  
Series Adjusted Portfolio Yield
                             19.3826 %
Base Rate
                             7.6311 %
Excess Spread Percentage
                             12.0923 %
C. Certificates — Balances and Distributions
                                 
    Class A     Class B     Collateral Interest     Total  
Beginning Certificates Balance
     501,000,000.00       45,000,000.00       54,000,000.00       600,000,000.00  
Interest Distributions
     2,084,716.67       190,400.00       237,300.00       2,512,416.67  
Principal Deposits — Prin. Funding Account
     0.00       0.00       0.00       0.00  
Principal Distributions
     0.00       0.00       0.00       0.00  
Total Distributions
     2,084,716.67       190,400.00       237,300.00       2,512,416.67  
Ending Certificates Balance
     501,000,000.00       45,000,000.00       54,000,000.00       600,000,000.00  

- 84 -

 

                     
D.   Information regarding distributions on the Distribution Date in respect of the Class A Certificates per $1,000 original certificate principal amount.        
           
 
        
    1.   Total amount of the distribution:   $ 4.16  
           
 
        
    2.   Amount of the distribution in respect of Class A Monthly Interest:   $ 4.16  
           
 
        
    3.   Amount of the distribution in respect of Class A Outstanding Monthly Interest:   $ 0.00  
           
 
        
    4.   Amount of the distribution in respect of Class A Additional Interest:   $ 0.00  
           
 
        
    5.   Amount of the distribution in respect of Class A Principal:   $ 0.00  
           
 
        
E.   Class A Investor Charge-Offs and Reimbursement of Class A Investor Charge-Offs on such Distribution Date.        
           
 
        
    1.   Total amount of Class A Investor Charge-Offs:   $ 0.00  
           
 
        
    2.   Amount of Class A Investor Charge- Offs per $1,000 original certificate principal amount:   $ 0.00  
           
 
        
    3.   Total amount reimbursed in respect of Class A Investor Charge-Offs:   $ 0.00  
           
 
        
    4.   Amount reimbursed in respect of Class A Investor Charge-Offs per $1,000 original certificate principal amount:   $ 0.00  
           
 
        
    5.   The amount, if any, by which the outstanding principal balance of the Class A Certificates exceeds the Class A Invested Amount after giving effect to all transactions on such Distribution Date:   $ 0.00  
           
 
        
F.   Information regarding distributions in respect of the Class B Certificates, per $1,000 original certificate principal amount.        
           
 
        
    1.   The total amount of the distribution:   $ 4.23  
           
 
        
    2.   Amount of the distribution in respect of Class B Monthly Interest:   $ 4.23  
           
 
        
    3.   Amount of the distribution in respect of Class B Outstanding Monthly Interest:   $ 0.00  

- 85 -

 

                     
    4.   Amount of the distribution in respect of Class B Additional Interest:   $ 0.00  
           
 
        
    5.   Amount of the distribution in respect of Class B Principal:   $ 0.00  
           
 
        
G.   Amount of reductions in Class B Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Class B Invested Amount on such Distribution Date.        
           
 
        
    1.   The amount of reductions in Class B Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Class B Invested Amount:   $ 0.00  
           
 
        
    2.   The amount of reductions in the Class B Invested Amount set forth in paragraph 1 above, per $1,000 original certificate principal amount:   $ 0.00  
           
 
        
    3.   The total amount reimbursed in respect of such reductions in the Class B Invested Amount:   $ 0.00  
           
 
        
    4.   The amount set forth in paragraph 3
above, per $1,000 original certificate
principal amount:		   $ 0.00  
           
 
        
    5.   The amount, if any, by which the outstanding principal balance of the Class B Certificates exceeds the Class B Invested Amount after giving effect to all transactions on such Distribution Date:   $ 0.00  
           
 
        
H.   Information regarding distributions on the Distribution Date to the Collateral Interest Holder.        
           
 
        
    1.   Total amount distributed to the Collateral Interest Holder:   $ 6,283,432.25  
           
 
        
    2.   Amount distributed in respect of Collateral Monthly Interest:   $ 237,300.00  
           
 
        
    3.   Amount distributed in respect of Collateral Additional Interest:   $ 0.00  

- 86 -

 

                     
    4.   The amount distributed to the Collateral Interest Holder in respect of principal on the Collateral Invested Amount:   $ 0.00  
           
 
        
    5.   Amount distributed to the Collateral Interest Holder in respect of remaining excess spread:   $ 6,046,132.25  
           
 
        
I.   Amount of reductions in Collateral Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Collateral Invested Amount.        
           
 
        
    1.   The amount of reductions in the Collateral Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Collateral Invested Amount:   $ 0.00  
           
 
        
    2.   The total amount reimbursed in respect of such reductions in the Collateral Invested Amount:   $ 0.00  
           
 
        
J.   Application of Reallocated Investor Finance Charge Collections.        
           
 
        
    1.   Class A Available Funds:   $ 9,502,605.01  
           
 
        
        a.  
Class A Monthly Interest:
   $ 2,084,716.67  
        b.  
Class A Outstanding Monthly Interest:
   $ 0.00  
        c.  
Class A Additional Interest:
   $ 0.00  
        d.  
Class A Investor Default Amount (Treated as Available Principal Collections):
   $ 1,521,216.67  
        e.  
Excess Spread:
   $ 5,896,671.67  
           
 
        
    2.   Class B Available Funds:   $ 853,527.40  
           
 
        
        a.  
Class B Monthly Interest:
   $ 190,400.00  
        b.  
Class B Outstanding Monthly Interest:
   $ 0.00  
        c.  
Class B Additional Interest:
   $ 0.00  
        d.  
Excess Spread:
   $ 663,127.40  
           
 
        
    3.   Collateral Available Funds:   $ 1,024,232.88  
           
 
        
        a.  
Excess Spread:
   $ 1,024,232.88  
           
 
       
    4.   Total Excess Spread:   $ 7,584,031.95  
           
 
        
K.   Reallocated Principal Collections.        
           
 
        
    1.   Principal Allocation Percentage:     62.3256 %

- 87 -

 

                     
    2.   Series 2005-1 Allocable Principal Collections:   $ 234,467,067.13  
           
 
        
    3.   Principal Allocation Percentage of Series 2005-1 Allocable Principal Collections:   $ 146,132,939.87  
           
 
        
    4.   Reallocated Principal Collections Required to fund the Required Amount:   $ 0.00  
           
 
        
    5.   Item 3 minus item 4:   $ 146,132,939.87  
           
 
        
    6.   Shared Principal Collections from other Series allocated to Series 2005-1:   $ 0.00  
           
 
        
    7.   Other amounts Treated as Available Principal
Collections:		   $ 1,821,816.37  
           
 
        
    8.   Available Principal Collections (total of 5., 6. & 7.):   $ 147,954,756.24  
           
 
        
L.   Application of Available Principal Collections during Revolving Period.        
           
 
        
    1.   Collateral Invested Amount:   $ 54,000,000.00  
           
 
        
    2.   Required Collateral Invested Amount:   $ 54,000,000.00  
           
 
        
    3.   Excess of Collateral Invested Amount over Required Collateral Invested Amount:   $ 0.00  
           
 
        
    4.   Treated as Shared Principal Collections:   $ 147,954,756.24  
           
 
        
M.   Application of Principal Collections During Accumulation or Amortization Period.        
           
 
        
    1.   Principal Funding Account:   $ 0.00  
           
 
        
    2.   Excess of Collateral Invested Amount over Required Collateral Invested Amount:   $ 0.00  
           
 
        
    3.   Principal Distribution:   $ 0.00  
           
 
        
    4.   Treated as Shared Principal Collections:   $ 0.00  

- 88 -

 

                     
N.   Application of Excess Spread and Excess Finance Charge Collections Allocated to Series 2005-1.        
           
 
        
    1.   Excess Spread:   $ 7,584,031.95  
    2.   Excess Finance Charge Collections:   $ 0.00  
    3.   Applied to fund Class A Required Amount:   $ 0.00  
    4.   Class A Investor Charge-Offs treated as Available Principal Collections:   $ 0.00  
    5.   Applied to fund Class B overdue Interest:   $ 0.00  
    6.   Applied to fund Class B Required Amount:   $ 136,636.23  
    7.   Reduction of Class B Invested Amount treated as Available Principal Collections:   $ 0.00  
    8.   Applied to Collateral Monthly Interest:   $ 237,300.00  
    9.   Applied to unpaid Monthly Servicing Fee:   $ 1,000,000.00  
    10.   Collateral Default Amount treated as
Available Principal Collections:		   $ 163,963.47  
    11.   Reduction of Collateral Invested Amount treated as Available Principal Collections:   $ 0.00  
    12.   Deposited to Reserve Account:   $ 0.00  
    13.   Remaining Excess Spread distributed to Collateral Interest Holder:   $ 6,046,132.25  
           
 
        
O.   Yield and Base Rate.        
           
 
        
    1.   Base Rate:        
        a.  
Current Monthly Period:
     7.6311 %
        b.  
Prior Monthly Period:
     7.4863 %
        c.  
Second Prior Monthly Period:
     7.3900 %
    2.   Three Month Average Base Rate:     7.5025 %
           
 
        
    3.   Series Adjusted Portfolio Yield:        
        a.  
Current Monthly Period:
     19.3826 %
        b.  
Prior Monthly Period:
     19.2470 %
        c.  
Second Prior Monthly Period:
     19.4169 %
    4.   Three Month Average Series Adjusted Portfolio Yield:     19.3488 %
           
 
        
    5.   Is the 3 month average series adjusted portfolio yield more than the 3 month average base rate:   Yes  

- 89 -

 

Series 2005-2 Certificates
A. Investor/Transferor Allocations
                         
            Total Investor        
    Series Allocations     Interest     Transferors Interest  
Beginning Invested /Transferor Amount
     962,686,717.99       600,000,000.00       362,686,717.99  
Beginning Adjusted Invested Amount
     N/A       600,000,000.00       N/A  
Floating Allocation Percentage
     N/A       62.3256 %     37.6744 %
Principal Allocation Percentage
     N/A       62.3256 %     37.6744 %
Collections of Finance Chg. Receivables
     18,309,437.56       11,411,461.62       6,897,975.94  
Collections of Principal Receivables
     234,467,067.13       146,132,939.87       88,334,127.26  
Defaulted Amount
     2,923,064.04       1,821,816.37       1,101,247.67  
 
                        
Ending Invested / Transferor Amounts
     954,021,427.57       600,000,000.00       354,021,427.57  
B. Monthly Period Funding Requirements
                                 
    Class A     Class B     Collateral Interest     Total  
Principal Funding Account
     0.00       0.00       0.00       0.00  
Investment Proceeds for Monthly Period
     0.00       0.00       0.00       0.00  
Reserve Account Opening Balance
     0.00       0.00       0.00       0.00  
Reserve Account Deposit
     0.00       0.00       0.00       0.00  
Reserve Draw Amount
     0.00       0.00       0.00       0.00  
Reserve Account Surplus
     0.00       0.00       0.00       0.00  
Reserve Account Closing Balance
     0.00       0.00       0.00       0.00  
 
                                
LIBOR Determination Date
   February 13, 2007     February 13, 2007     February 13, 2007          
Coupon February 15, 2007 - March 14, 2007
     5.4200 %     5.6000 %     5.8100 %        
 
     2,111,993.33       196,000.00       244,020.00       2,552,013.33  
 
                                
Monthly Interest Due
                                
Outstanding Monthly Interest Due
     0.00       0.00       0.00       0.00  
Additional Interest Due
     0.00       0.00       0.00       0.00  
Total Interest Due
     2,111,993.33       196,000.00       244,020.00       2,552,013.33  
Investor Default Amount
     1,521,216.67       136,636.23       163,963.47       1,821,816.37  
Investor Monthly Fees Due
     835,000.00       75,000.00       90,000.00       1,000,000.00  
Investor Additional Amounts Due
     0.00       0.00       0.00       0.00  
Total Due
     4,468,210.00       407,636.23       497,983.47       5,373,829.70  
 
                                
Reallocated Investor Finance Charge Collections
                             11,419,961.94  
Interest and Principal Funding Investment Proceeds
                             0.00  
Interest on Reserve Account
                             0.00  
Series Adjusted Portfolio Yield
                             19.4629 %
Base Rate
                             7.7172 %
Excess Spread Percentage
                             12.0923 %
C. Certificates — Balances and Distributions
                                 
    Class A     Class B     Collateral Interest     Total  
Beginning Certificates Balance
     501,000,000.00       45,000,000.00       54,000,000.00       600,000,000.00  
Interest Distributions
     2,111,993.33       196,000.00       244,020.00       2,552,013.33  
Principal Deposits — Prin. Funding Account
     0.00       0.00       0.00       0.00  
Principal Distributions
     0.00       0.00       0.00       0.00  
Total Distributions
     2,111,993.33       196,000.00       244,020.00       2,552,013.33  
Ending Certificates Balance
     501,000,000.00       45,000,000.00       54,000,000.00       600,000,000.00  

- 90 -

 

         
D. Information regarding distributions on the Distribution Date in respect of the Class A Certificates per $1,000 original certificate principal amount.
        
 
        
1. Total amount of the distribution:
   $ 4.22  
 
        
2. Amount of the distribution in respect of Class A Monthly Interest:
   $ 4.22  
 
        
3. Amount of the distribution in respect of Class A Outstanding Monthly Interest:
   $ 0.00  
 
        
4. Amount of the distribution in respect of Class A Additional Interest:
   $ 0.00  
 
        
5. Amount of the distribution in respect of Class A Principal:
   $ 0.00  
 
        
E. Class A Investor Charge-Offs and Reimbursement of Class A Investor Charge-Offs on such Distribution Date.
        
 
        
1. Total amount of Class A Investor Charge-Offs:
   $ 0.00  
 
        
2. Amount of Class A Investor Charge- Offs per $1,000 original certificate principal amount:
   $ 0.00  
 
        
3. Total amount reimbursed in respect of Class A Investor Charge-Offs:
   $ 0.00  
 
        
4. Amount reimbursed in respect of Class A Investor Charge-Offs per $1,000 original certificate principal amount:
   $ 0.00  
 
        
5. The amount, if any, by which the outstanding principal balance of the Class A Certificates exceeds the Class A Invested Amount after giving effect to all transactions on such Distribution Date:
   $ 0.00  
 
        
F. Information regarding distributions in respect of the Class B Certificates, per $1,000 original certificate principal amount.
        
 
        
1. The total amount of the distribution:
   $ 4.36  
 
        
2. Amount of the distribution in respect of Class B Monthly Interest:
   $ 4.36  
 
        
3. Amount of the distribution in respect of Class B Outstanding Monthly Interest:
   $ 0.00  

- 91 -

 

         
4. Amount of the distribution in respect of Class B Additional Interest:
   $ 0.00  
 
        
5. Amount of the distribution in respect of Class B Principal:
   $ 0.00  
 
        
G. Amount of reductions in Class B Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Class B Invested Amount on such Distribution Date.
        
 
        
1. The amount of reductions in Class B Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Class B Invested Amount:
   $ 0.00  
 
        
2. The amount of reductions in the Class B Invested Amount set forth in paragraph 1 above, per $1,000 original certificate principal amount:
   $ 0.00  
 
        
3. The total amount reimbursed in respect of such reductions in the Class B Invested Amount:
   $ 0.00  
 
        
4. The amount set forth in paragraph 3 above, per $1,000 original certificate principal amount:
   $ 0.00  
 
        
5. The amount, if any, by which the outstanding principal balance of the Class B Certificates exceeds the Class B Invested Amount after giving effect to all transactions on such Distribution Date:
   $ 0.00  
 
        
H. Information regarding distributions on the Distribution Date to the Collateral Interest Holder.
        
 
        
1. Total amount distributed to the Collateral Interest Holder:
   $ 6,290,152.24  
 
        
2. Amount distributed in respect of Collateral Monthly Interest:
   $ 244,020.00  
 
        
3. Amount distributed in respect of Collateral Additional Interest:
   $ 0.00  

- 92 -

 

         
4. The amount distributed to the Collateral Interest Holder in respect of principal
   $ 0.00  
on the Collateral Invested Amount:
        
 
        
5. Amount distributed to the Collateral Interest Holder in respect of remaining excess spread:
   $ 6,046,132.24  
 
        
I. Amount of reductions in Collateral Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Collateral Invested Amount.
        
 
        
1. The amount of reductions in the Collateral Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Collateral Invested Amount:
   $ 0.00  
 
        
2. The total amount reimbursed in respect of such reductions in the Collateral Invested Amount:
   $ 0.00  
 
        
J. Application of Reallocated Investor Finance Charge Collections.
        
 
        
1. Class A Available Funds:
   $ 9,535,668.22  
 
        
a. Class A Monthly Interest:
   $ 2,111,993.33  
b. Class A Outstanding Monthly Interest:
   $ 0.00  
c. Class A Additional Interest:
   $ 0.00  
d. Class A Investor Default Amount (Treated as Available Principal Collections):
   $ 1,521,216.67  
e. Excess Spread:
   $ 5,902,458.22  
 
        
2. Class B Available Funds:
   $ 856,497.15  
 
        
a. Class B Monthly Interest:
   $ 196,000.00  
b. Class B Outstanding Monthly Interest:
   $ 0.00  
c. Class B Additional Interest:
   $ 0.00  
d. Excess Spread:
   $ 660,497.15  
 
        
3. Collateral Available Funds:
   $ 1,027,796.57  
 
        
a. Excess Spread:
   $ 1,027,796.57  
 
        
4. Total Excess Spread:
   $ 7,590,751.94  
 
        
K. Reallocated Principal Collections.
        
 
        
1. Principal Allocation Percentage:
     62.3256 %

- 93 -

 

         
2. Series 2005-2 Allocable Principal Collections:
   $ 234,467,067.13  
 
        
3. Principal Allocation Percentage of Series 2005-2 Allocable Principal Collections:
   $ 146,132,939.87  
 
        
4. Reallocated Principal Collections Required to fund the Required Amount:
   $ 0.00  
 
        
5. Item 3 minus item 4:
   $ 146,132,939.87  
 
        
6. Shared Principal Collections from other Series allocated to Series 2005-2:
   $ 0.00  
 
        
7. Other amounts Treated as Available Principal Collections:
   $ 1,821,816.37  
 
        
8. Available Principal Collections (total of 5., 6. & 7.):
   $ 147,954,756.24  
 
        
L. Application of Available Principal Collections during Revolving Period.
        
 
        
1. Collateral Invested Amount:
   $ 54,000,000.00  
 
        
2. Required Collateral Invested Amount:
   $ 54,000,000.00  
 
        
3. Excess of Collateral Invested Amount over Required Collateral Invested Amount:
   $ 0.00  
 
        
4. Treated as Shared Principal Collections:
   $ 147,954,756.24  
 
        
M. Application of Principal Collections During Accumulation or Amortization Period.
        
 
        
1. Principal Funding Account:
   $ 0.00  
 
        
2. Excess of Collateral Invested Amount
   $ 0.00  
over Required Collateral Invested Amount:
        
 
        
3. Principal Distribution:
   $ 0.00  
 
        
4. Treated as Shared Principal Collections:
   $ 0.00  

- 94 -

 

         
N. Application of Excess Spread and Excess Finance Charge Collections Allocated to Series 2005-2.
        
 
        
1.   Excess Spread:
   $ 7,590,751.94  
 
        
2.   Excess Finance Charge Collections:
   $ 0.00  
 
        
3.   Applied to fund Class A Required Amount:
   $ 0.00  
 
        
4.   Class A Investor Charge-Offs treated as Available Principal Collections:
   $ 0.00  
 
        
5.   Applied to fund Class B overdue Interest:
   $ 0.00  
 
        
6.   Applied to fund Class B Required Amount:
   $ 136,636.23  
 
        
7.   Reduction of Class B Invested Amount treated as Available Principal Collections:
   $ 0.00  
 
        
8.   Applied to Collateral Monthly Interest:
   $ 244,020.00  
 
        
9.   Applied to unpaid Monthly Servicing Fee:
   $ 1,000,000.00  
 
        
10. Collateral Default Amount treated as Available Principal Collections:
   $ 163,963.47  
 
        
11. Reduction of Collateral Invested Amount treated as Available Principal Collections:
   $ 0.00  
 
        
12. Deposited to Reserve Account:
   $ 0.00  
 
        
13. Remaining Excess Spread distributed to Collateral Interest Holder:
   $ 6,046,132.24  
 
        
O. Yield and Base Rate.
        
 
        
1. Base Rate:
        
 
        
a. Current Monthly Period:
     7.7172 %
b. Prior Monthly Period:
     7.5723 %
c. Second Prior Monthly Period:
     7.4760 %
 
        
2. Three Month Average Base Rate:
     7.5885 %
 
        
3. Series Adjusted Portfolio Yield:
        
 
        
a. Current Monthly Period:
     19.4629 %
b. Prior Monthly Period:
     19.3302 %
c. Second Prior Monthly Period:
     19.5087 %
 
        
4. Three Month Average Series Adjusted Portfolio Yield:
     19.4339 %
 
        
5. Is the 3 month average series adjusted portfolio yield more than the 3 month average base rate:
   Yes  

- 95 -

 

Series 2005-3 Certificates
A. Investor/Transferor Allocations
                         
            Total Investor        
    Series Allocations     Interest     Transferors Interest  
Beginning Invested /Transferor Amount
     1,123,134,504.33       700,000,000.00       423,134,504.33  
Beginning Adjusted Invested Amount
     N/A       700,000,000.00       N/A  
Floating Allocation Percentage
     N/A       62.3256 %     37.6744 %
Principal Allocation Percentage
     N/A       62.3256 %     37.6744 %
Collections of Finance Chg. Receivables
     21,361,010.48       13,313,371.89       8,047,638.59  
Collections of Principal Receivables
     273,544,911.65       170,488,429.85       103,056,481.80  
Defaulted Amount
     3,410,241.38       2,125,452.43       1,284,788.95  
 
                        
Ending Invested / Transferor Amounts
     1,113,024,998.83       700,000,000.00       413,024,998.83  
B. Monthly Period Funding Requirements
                                 
    Class A     Class B     Collateral Interest     Total  
Principal Funding Account
     0.00       0.00       0.00       0.00  
Investment Proceeds for Monthly Period
     0.00       0.00       0.00       0.00  
Reserve Account Opening Balance
     0.00       0.00       0.00       0.00  
Reserve Account Deposit
     0.00       0.00       0.00       0.00  
Reserve Draw Amount
     0.00       0.00       0.00       0.00  
Reserve Account Surplus
     0.00       0.00       0.00       0.00  
Reserve Account Closing Balance
     0.00       0.00       0.00       0.00  
 
                                
LIBOR Determination Date
   February 13, 2007     February 13, 2007     February 13, 2007          
Coupon February 15, 2007 - March 14, 2007
     5.3200 %     5.4600 %     5.5700 %        
 
     2,418,531.11       222,950.00       272,930.00       2,914,411.11  
 
                                
Monthly Interest Due
                                
Outstanding Monthly Interest Due
     0.00       0.00       0.00       0.00  
Additional Interest Due
     0.00       0.00       0.00       0.00  
Total Interest Due
     2,418,531.11       222,950.00       272,930.00       2,914,411.11  
Investor Default Amount
     1,774,752.78       159,408.93       191,290.72       2,125,452.43  
Investor Monthly Fees Due
     974,166.67       87,500.00       105,000.00       1,166,666.67  
Investor Additional Amounts Due
     0.00       0.00       0.00       0.00  
Total Due
     5,167,450.56       469,858.93       569,220.72       6,206,530.21  
 
                                
Reallocated Investor Finance Charge Collections
                             13,260,351.16  
Interest and Principal Funding Investment Proceeds
                             0.00  
Interest on Reserve Account
                             0.00  
Series Adjusted Portfolio Yield
                             19.3535 %
Base Rate
                             7.6000 %
Excess Spread Percentage
                             12.0923 %
C. Certificates — Balances and Distributions
                                 
    Class A     Class B     Collateral Interest     Total  
Beginning Certificates Balance
     584,500,000.00       52,500,000.00       63,000,000.00       700,000,000.00  
Interest Distributions
     2,418,531.11       222,950.00       272,930.00       2,914,411.11  
Principal Deposits — Prin. Funding Account
     0.00       0.00       0.00       0.00  
Principal Distributions
     0.00       0.00       0.00       0.00  
Total Distributions
     2,418,531.11       222,950.00       272,930.00       2,914,411.11  
Ending Certificates Balance
     584,500,000.00       52,500,000.00       63,000,000.00       700,000,000.00  

- 96 -

 

         
D. Information regarding distributions on the Distribution Date in respect of the Class A Certificates per $1,000 original certificate principal amount.
        
 
        
1. Total amount of the distribution:
   $ 4.14  
 
        
2. Amount of the distribution in respect of Class A Monthly Interest:
   $ 4.14  
 
        
3. Amount of the distribution in respect of Class A Outstanding Monthly Interest:
   $ 0.00  
 
        
4. Amount of the distribution in respect of Class A Additional Interest:
   $ 0.00  
 
        
5. Amount of the distribution in respect of Class A Principal:
   $ 0.00  
 
        
E. Class A Investor Charge-Offs and Reimbursement of Class A Investor Charge-Offs on such Distribution Date.
        
 
        
1. Total amount of Class A Investor Charge-Offs:
   $ 0.00  
 
        
2. Amount of Class A Investor Charge- Offs per $1,000 original certificate principal amount:
   $ 0.00  
 
        
3. Total amount reimbursed in respect of Class A Investor Charge-Offs:
   $ 0.00  
 
        
4. Amount reimbursed in respect of Class A Investor Charge-Offs per $1,000 original certificate principal amount:
   $ 0.00  
 
        
5. The amount, if any, by which the outstanding principal balance of the Class A Certificates exceeds the Class A Invested Amount after giving effect to all transactions on such Distribution Date:
   $ 0.00  
 
        
F. Information regarding distributions in respect of the Class B Certificates, per $1,000 original certificate principal amount.
        
 
        
1. The total amount of the distribution:
   $ 4.25  
 
        
2. Amount of the distribution in respect of Class B Monthly Interest:
   $ 4.25  
 
        
3. Amount of the distribution in respect of Class B Outstanding Monthly Interest:
   $ 0.00  

- 97 -

 

         
4. Amount of the distribution in respect of Class B Additional Interest:
   $ 0.00  
 
        
5. Amount of the distribution in respect of Class B Principal:
   $ 0.00  
 
        
G. Amount of reductions in Class B Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Class B Invested Amount on such Distribution Date.
        
 
        
1. The amount of reductions in Class B Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Class B Invested Amount:
   $ 0.00  
 
        
2. The amount of reductions in the Class B Invested Amount set forth in paragraph 1 above, per $1,000 original certificate principal amount:
   $ 0.00  
 
        
3. The total amount reimbursed in respect of such reductions in the Class B Invested Amount:
   $ 0.00  
 
        
4. The amount set forth in paragraph 3 above, per $1,000 original certificate principal amount:
   $ 0.00  
 
        
5. The amount, if any, by which the outstanding principal balance of the Class B Certificates exceeds the Class B Invested Amount after giving effect to all transactions on such Distribution Date:
   $ 0.00  
 
        
H. Information regarding distributions on the Distribution Date to the Collateral Interest Holder.
        
 
        
1. Total amount distributed to the Collateral Interest Holder:
   $ 7,326,750.95  
 
        
2. Amount distributed in respect of Collateral Monthly Interest:
   $ 272,930.00  
 
        
3. Amount distributed in respect of Collateral Additional Interest:
   $ 0.00  

- 98 -

 

         
4. The amount distributed to the Collateral Interest Holder in respect of principal on the Collateral Invested Amount:
   $ 0.00  
 
        
5. Amount distributed to the Collateral Interest Holder in respect of remaining excess spread:
   $ 7,053,820.95  
 
        
I. Amount of reductions in Collateral Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Collateral Invested Amount.
        
 
        
1. The amount of reductions in the Collateral Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Collateral Invested Amount:
   $ 0.00  
 
        
2. The total amount reimbursed in respect of such reductions in the Collateral Invested Amount:
   $ 0.00  
 
        
J. Application of Reallocated Investor Finance Charge Collections.
        
 
        
1. Class A Available Funds:
   $ 11,072,393.22  
 
        
a. Class A Monthly Interest:
   $ 2,418,531.11  
b. Class A Outstanding Monthly Interest:
   $ 0.00  
c. Class A Additional Interest:
   $ 0.00  
d. Class A Investor Default Amount (Treated as Available Principal Collections):
   $ 1,774,752.78  
e. Excess Spread:
   $ 6,879,109.33  
 
        
2. Class B Available Funds:
   $ 994,526.34  
 
        
a. Class B Monthly Interest:
   $ 222,950.00  
b. Class B Outstanding Monthly Interest:
   $ 0.00  
c. Class B Additional Interest:
   $ 0.00  
d. Excess Spread:
   $ 771,576.34  
 
        
3. Collateral Available Funds:
   $ 1,193,431.60  
 
        
a. Excess Spread:
   $ 1,193,431.60  
 
        
4. Total Excess Spread:
   $ 8,844,117.27  
 
        
K. Reallocated Principal Collections.
        
 
        
1. Principal Allocation Percentage:
     62.3256 %

- 99 -

 

         
2. Series 2005-3 Allocable Principal Collections:
   $ 273,544,911.65  
 
        
3. Principal Allocation Percentage of Series 2005-3 Allocable Principal Collections:
   $ 170,488,429.85  
 
        
4. Reallocated Principal Collections Required to fund the Required Amount:
   $ 0.00  
 
        
5. Item 3 minus item 4:
   $ 170,488,429.85  
 
        
6. Shared Principal Collections from other Series allocated to Series 2005-3:
   $ 0.00  
 
        
7. Other amounts Treated as Available Principal Collections:
   $ 2,125,452.43  
 
        
8. Available Principal Collections (total of 5., 6. & 7.):
   $ 172,613,882.28  
 
        
L. Application of Available Principal Collections during Revolving Period.
        
 
        
1. Collateral Invested Amount:
   $ 63,000,000.00  
 
        
2. Required Collateral Invested Amount:
   $ 63,000,000.00  
 
        
3. Excess of Collateral Invested Amount over Required Collateral Invested Amount:
   $ 0.00  
 
        
4. Treated as Shared Principal Collections:
   $ 172,613,882.28  
 
        
M. Application of Principal Collections During Accumulation or Amortization Period.
        
 
        
1. Principal Funding Account:
   $ 0.00  
 
        
2. Excess of Collateral Invested Amount
   $ 0.00  
over Required Collateral Invested Amount:
        
 
        
3. Principal Distribution:
   $ 0.00  
 
        
4. Treated as Shared Principal Collections:
   $ 0.00  

- 100 -

 

         
N. Application of Excess Spread and Excess Finance Charge Collections Allocated to Series 2005-3.
        
 
        
1.   Excess Spread:
   $ 8,844,117.27  
 
        
2.   Excess Finance Charge Collections:
   $ 0.00  
 
        
3.   Applied to fund Class A Required Amount:
   $ 0.00  
 
        
4.   Class A Investor Charge-Offs treated as Available Principal Collections:
   $ 0.00  
 
        
5.   Applied to fund Class B overdue Interest:
   $ 0.00  
 
        
6.   Applied to fund Class B Required Amount:
   $ 159,408.93  
 
        
7.   Reduction of Class B Invested Amount treated as Available Principal Collections:
   $ 0.00  
 
        
8.   Applied to Collateral Monthly Interest:
   $ 272,930.00  
 
        
9.   Applied to unpaid Monthly Servicing Fee:
   $ 1,166,666.67  
 
        
10. Collateral Default Amount treated as Available Principal Collections:
   $ 191,290.72  
 
        
11. Reduction of Collateral Invested Amount treated as Available Principal Collections:
   $ 0.00  
 
        
12. Deposited to Reserve Account:
   $ 0.00  
 
        
13. Remaining Excess Spread distributed to Collateral Interest Holder:
   $ 7,053,820.95  
 
        
O. Yield and Base Rate.
        
 
        
1. Base Rate:
        
 
        
a. Current Monthly Period:
     7.6000 %
b. Prior Monthly Period:
     7.4551 %
c. Second Prior Monthly Period:
     7.3588 %
 
        
2. Three Month Average Base Rate:
     7.4713 %
 
        
3. Series Adjusted Portfolio Yield:
        
 
        
a. Current Monthly Period:
     19.3535 %
b. Prior Monthly Period:
     19.2168 %
c. Second Prior Monthly Period:
     19.3837 %
 
        
4. Three Month Average Series Adjusted Portfolio Yield:
     19.3180 %
 
        
5. Is the 3 month average series adjusted portfolio yield more than the 3 month average base rate:
   Yes  

- 101 -

 

Series 2005-4 Certificates
A. Investor/Transferor Allocations
                         
            Total Investor        
    Series Allocations     Interest     Transferors Interest  
Beginning Invested /Transferor Amount
     802,238,931.66       500,000,000.00       302,238,931.66  
Beginning Adjusted Invested Amount
     N/A       500,000,000.00       N/A  
Floating Allocation Percentage
     N/A       62.3256 %     37.6744 %
Principal Allocation Percentage
     N/A       62.3256 %     37.6744 %
Collections of Finance Chg. Receivables
     15,257,864.63       9,509,551.35       5,748,313.28  
Collections of Principal Receivables
     195,389,222.61       121,777,449.90       73,611,772.71  
Defaulted Amount
     2,435,886.70       1,518,180.31       917,706.39  
 
                        
Ending Invested / Transferor Amounts
     795,017,856.30       500,000,000.00       295,017,856.30  
B. Monthly Period Funding Requirements
                                 
    Class A     Class B     Collateral Interest     Total  
Principal Funding Account
     0.00       0.00       0.00       0.00  
Investment Proceeds for Monthly Period
     0.00       0.00       0.00       0.00  
Reserve Account Opening Balance
     0.00       0.00       0.00       0.00  
Reserve Account Deposit
     0.00       0.00       0.00       0.00  
Reserve Draw Amount
     0.00       0.00       0.00       0.00  
Reserve Account Surplus
     0.00       0.00       0.00       0.00  
Reserve Account Closing Balance
     0.00       0.00       0.00       0.00  
 
                                
LIBOR Determination Date
   February 13, 2007     February 13, 2007     February 13, 2007          
Coupon February 15, 2007 - March 14, 2007
     5.3900 %     5.5700 %     5.7400 %        
 
     1,750,252.78       162,458.33       200,900.00       2,113,611.11  
 
                                
Monthly Interest Due
                                
Outstanding Monthly Interest Due
     0.00       0.00       0.00       0.00  
Additional Interest Due
     0.00       0.00       0.00       0.00  
Total Interest Due
     1,750,252.78       162,458.33       200,900.00       2,113,611.11  
Investor Default Amount
     1,267,680.56       113,863.52       136,636.23       1,518,180.31  
Investor Monthly Fees Due
     695,833.33       62,500.00       75,000.00       833,333.33  
Investor Additional Amounts Due
     0.00       0.00       0.00       0.00  
Total Due
     3,713,766.67       338,821.85       412,536.23       4,465,124.75  
 
                                
Reallocated Investor Finance Charge Collections
                             9,503,568.29  
Interest and Principal Funding Investment Proceeds
                             0.00  
Interest on Reserve Account
                             0.00  
Series Adjusted Portfolio Yield
                             19.4311 %
Base Rate
                             7.6831 %
Excess Spread Percentage
                             12.0923 %
C. Certificates — Balances and Distributions
                                 
    Class A     Class B     Collateral Interest     Total  
Beginning Certificates Balance
     417,500,000.00       37,500,000.00       45,000,000.00       500,000,000.00  
Interest Distributions
     1,750,252.78       162,458.33       200,900.00       2,113,611.11  
Principal Deposits — Prin. Funding Account
     0.00       0.00       0.00       0.00  
Principal Distributions
     0.00       0.00       0.00       0.00  
Total Distributions
     1,750,252.78       162,458.33       200,900.00       2,113,611.11  
Ending Certificates Balance
     417,500,000.00       37,500,000.00       45,000,000.00       500,000,000.00  

- 102 -

 

         
D. Information regarding distributions on the Distribution Date in respect of the Class A Certificates per $1,000 original certificate principal amount.
        
 
        
1. Total amount of the distribution:
   $ 4.19  
 
        
2. Amount of the distribution in respect of Class A Monthly Interest:
   $ 4.19  
 
        
3. Amount of the distribution in respect of Class A Outstanding Monthly Interest:
   $ 0.00  
 
        
4. Amount of the distribution in respect of Class A Additional Interest:
   $ 0.00  
 
        
5. Amount of the distribution in respect of Class A Principal:
   $ 0.00  
 
        
E. Class A Investor Charge-Offs and Reimbursement of Class A Investor Charge-Offs on such Distribution Date.
        
 
        
1. Total amount of Class A Investor Charge-Offs:
   $ 0.00  
 
        
2. Amount of Class A Investor Charge- Offs per $1,000 original certificate principal amount:
   $ 0.00  
 
        
3. Total amount reimbursed in respect of Class A Investor Charge-Offs:
   $ 0.00  
 
        
4. Amount reimbursed in respect of Class A Investor Charge-Offs per $1,000 original certificate principal amount:
   $ 0.00  
 
        
5. The amount, if any, by which the outstanding principal balance of the Class A Certificates exceeds the Class A Invested Amount after giving effect to all transactions on such Distribution Date:
   $ 0.00  
 
        
F. Information regarding distributions in respect of the Class B Certificates, per $1,000 original certificate principal amount.
        
 
        
1. The total amount of the distribution:
   $ 4.33  
 
        
2. Amount of the distribution in respect of Class B Monthly Interest:
   $ 4.33  
 
        
3. Amount of the distribution in respect of Class B Outstanding Monthly Interest:
   $ 0.00  

- 103 -

 

         
4. Amount of the distribution in respect of Class B Additional Interest:
   $ 0.00  
 
        
5. Amount of the distribution in respect of Class B Principal:
   $ 0.00  
 
        
G. Amount of reductions in Class B Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Class B Invested Amount on such Distribution Date.
        
 
        
1. The amount of reductions in Class B Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Class B Invested Amount:
   $ 0.00  
 
        
2. The amount of reductions in the Class B Invested Amount set forth in paragraph 1 above, per $1,000 original certificate principal amount:
   $ 0.00  
 
        
3. The total amount reimbursed in respect of such reductions in the Class B Invested Amount:
   $ 0.00  
 
        
4. The amount set forth in paragraph 3 above, per $1,000 original certificate principal amount:
   $ 0.00  
 
        
5. The amount, if any, by which the outstanding principal balance of the Class B Certificates exceeds the Class B Invested Amount after giving effect to all transactions on such Distribution Date:
   $ 0.00  
 
        
H. Information regarding distributions on the Distribution Date to the Collateral Interest Holder.
        
 
        
1. Total amount distributed to the Collateral Interest Holder:
   $ 5,239,343.54  
 
        
2. Amount distributed in respect of Collateral Monthly Interest:
   $ 200,900.00  
 
        
3. Amount distributed in respect of Collateral Additional Interest:
   $ 0.00  

- 104 -

 

         
4. The amount distributed to the Collateral Interest Holder in respect of principal
   $ 0.00  
on the Collateral Invested Amount:
        
 
        
5. Amount distributed to the Collateral Interest Holder in respect of remaining excess spread:
   $ 5,038,443.54  
 
        
I. Amount of reductions in Collateral Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Collateral Invested Amount.
        
 
        
1. The amount of reductions in the Collateral Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Collateral Invested Amount:
   $ 0.00  
 
        
2. The total amount reimbursed in respect of such reductions in the Collateral Invested Amount:
   $ 0.00  
 
        
J. Application of Reallocated Investor Finance Charge Collections.
        
 
        
1. Class A Available Funds:
   $ 7,935,479.52  
 
        
a. Class A Monthly Interest:
   $ 1,750,252.78  
b. Class A Outstanding Monthly Interest:
   $ 0.00  
c. Class A Additional Interest:
   $ 0.00  
d. Class A Investor Default Amount (Treated as Available Principal Collections):
   $ 1,267,680.56  
e. Excess Spread:
   $ 4,917,546.18  
 
        
2. Class B Available Funds:
   $ 712,767.62  
 
        
a. Class B Monthly Interest:
   $ 162,458.33  
b. Class B Outstanding Monthly Interest:
   $ 0.00  
c. Class B Additional Interest:
   $ 0.00  
d. Excess Spread:
   $ 550,309.29  
 
        
3. Collateral Available Funds:
   $ 855,321.15  
 
        
a. Excess Spread:
   $ 855,321.15  
 
        
4. Total Excess Spread:
   $ 6,323,176.62  
 
        
K. Reallocated Principal Collections.
        
 
        
1. Principal Allocation Percentage:
     62.3256 %

- 105 -

 

         
2. Series 2005-4 Allocable Principal Collections:
   $ 195,389,222.61  
 
        
3. Principal Allocation Percentage of Series 2005-4 Allocable Principal Collections:
   $ 121,777,449.90  
 
        
4. Reallocated Principal Collections Required to fund the Required Amount:
   $ 0.00  
 
        
5. Item 3 minus item 4:
   $ 121,777,449.90  
 
        
6. Shared Principal Collections from other Series allocated to Series 2005-4:
   $ 0.00  
 
        
7. Other amounts Treated as Available Principal Collections:
   $ 1,518,180.31  
 
        
8. Available Principal Collections (total of 5., 6. & 7.):
   $ 123,295,630.21  
 
        
L. Application of Available Principal Collections during Revolving Period.
        
 
        
1. Collateral Invested Amount:
   $ 45,000,000.00  
 
        
2. Required Collateral Invested Amount:
   $ 45,000,000.00  
 
        
3. Excess of Collateral Invested Amount over Required Collateral Invested Amount:
   $ 0.00  
 
        
4. Treated as Shared Principal Collections:
   $ 123,295,630.21  
 
        
M. Application of Principal Collections During Accumulation or Amortization Period.
        
 
        
1. Principal Funding Account:
   $ 0.00  
 
        
2. Excess of Collateral Invested Amount over Required Collateral Invested Amount:
   $ 0.00  
 
        
3. Principal Distribution:
   $ 0.00  
 
        
4. Treated as Shared Principal Collections:
   $ 0.00  

- 106 -

 

         
N. Application of Excess Spread and Excess Finance Charge Collections Allocated to Series 2005-4.
        
 
        
1.   Excess Spread:
   $ 6,323,176.62  
 
        
2.   Excess Finance Charge Collections:
   $ 0.00  
 
        
3.   Applied to fund Class A Required Amount:
   $ 0.00  
 
        
4.   Class A Investor Charge-Offs treated as Available Principal Collections:
   $ 0.00  
 
        
5.   Applied to fund Class B overdue Interest:
   $ 0.00  
 
        
6.   Applied to fund Class B Required Amount:
   $ 113,863.52  
 
        
7.   Reduction of Class B Invested Amount treated as Available Principal Collections:
   $ 0.00  
 
        
8.   Applied to Collateral Monthly Interest:
   $ 200,900.00  
 
        
9.   Applied to unpaid Monthly Servicing Fee:
   $ 833,333.33  
 
        
10. Collateral Default Amount treated as Available Principal Collections:
   $ 136,636.23  
 
        
11. Reduction of Collateral Invested Amount treated as Available Principal Collections:
   $ 0.00  
 
        
12. Deposited to Reserve Account:
   $ 0.00  
 
        
13. Remaining Excess Spread distributed to Collateral Interest Holder:
   $ 5,038,443.54  
 
        
O. Yield and Base Rate.
        
 
        
1. Base Rate:
        
 
        
a. Current Monthly Period:
     7.6831 %
b. Prior Monthly Period:
     7.5383 %
c. Second Prior Monthly Period:
     7.4419 %
 
        
2. Three Month Average Base Rate:
     7.5544 %
 
        
3. Series Adjusted Portfolio Yield:
        
 
        
a. Current Monthly Period:
     19.4311 %
b. Prior Monthly Period:
     19.2972 %
c. Second Prior Monthly Period:
     19.4724 %
 
        
4. Three Month Average Series Adjusted Portfolio Yield:
     19.4002 %
 
        
5. Is the 3 month average series adjusted portfolio yield more than the 3 month average base rate:
   Yes  

- 107 -

 

Series 2005-5 Certificates
A. Investor/Transferor Allocations
                         
            Total Investor        
    Series Allocations     Interest     Transferors Interest  
Beginning Invested /Transferor Amount
     1,764,925,649.65       1,100,000,000.00       664,925,649.65  
Beginning Adjusted Invested Amount
     N/A       1,100,000,000.00       N/A  
Floating Allocation Percentage
     N/A       62.3256 %     37.6744 %
Principal Allocation Percentage
     N/A       62.3256 %     37.6744 %
Collections of Finance Chg. Receivables
     33,567,302.19       20,921,012.97       12,646,289.22  
Collections of Principal Receivables
     429,856,289.73       267,910,389.76       161,945,899.97  
Defaulted Amount
     5,358,950.73       3,339,996.68       2,018,954.05  
 
                        
Ending Invested / Transferor Amounts
     1,749,039,283.87       1,100,000,000.00       649,039,283.87  
B. Monthly Period Funding Requirements
                                 
    Class A     Class B     Collateral Interest     Total  
Principal Funding Account
     0.00       0.00       0.00       0.00  
Investment Proceeds for Monthly Period
     0.00       0.00       0.00       0.00  
Reserve Account Opening Balance
     0.00       0.00       0.00       0.00  
Reserve Account Deposit
     0.00       0.00       0.00       0.00  
Reserve Draw Amount
     0.00       0.00       0.00       0.00  
Reserve Account Surplus
     0.00       0.00       0.00       0.00  
Reserve Account Closing Balance
     0.00       0.00       0.00       0.00  
 
                                
LIBOR Determination Date
   February 13, 2007     February 13, 2007     February 13, 2007          
Coupon February 15, 2007 - March 14, 2007
     5.3600 %     5.5000 %     5.6400 %        
 
     3,829,124.44       352,916.67       434,280.00       4,616,321.11  
 
                                
Monthly Interest Due
                                
Outstanding Monthly Interest Due
     0.00       0.00       0.00       0.00  
Additional Interest Due
     0.00       0.00       0.00       0.00  
Total Interest Due
     3,829,124.44       352,916.67       434,280.00       4,616,321.11  
Investor Default Amount
     2,788,897.23       250,499.75       300,599.70       3,339,996.68  
Investor Monthly Fees Due
     1,530,833.33       137,500.00       165,000.00       1,833,333.33  
Investor Additional Amounts Due
     0.00       0.00       0.00       0.00  
Total Due
     8,148,855.00       740,916.42       899,879.70       9,789,651.12  
 
                                
Reallocated Investor Finance Charge Collections
                             20,874,226.90  
Interest and Principal Funding Investment Proceeds
                             0.00  
Interest on Reserve Account
                             0.00  
Series Adjusted Portfolio Yield
                             19.3939 %
Base Rate
                             7.6433 %
Excess Spread Percentage
                             12.0923 %
C. Certificates — Balances and Distributions
                                 
    Class A     Class B     Collateral Interest     Total  
Beginning Certificates Balance
     918,500,000.00       82,500,000.00       99,000,000.00       1,100,000,000.00  
Interest Distributions
     3,829,124.44       352,916.67       434,280.00       4,616,321.11  
Principal Deposits — Prin. Funding Account
     0.00       0.00       0.00       0.00  
Principal Distributions
     0.00       0.00       0.00       0.00  
Total Distributions
     3,829,124.44       352,916.67       434,280.00       4,616,321.11  
Ending Certificates Balance
     918,500,000.00       82,500,000.00       99,000,000.00       1,100,000,000.00  

- 108 -

 

         
D. Information regarding distributions on the Distribution Date in respect of the Class A Certificates per $1,000 original certificate principal amount.
        
 
        
1. Total amount of the distribution:
   $ 4.17  
 
        
2. Amount of the distribution in respect of Class A Monthly Interest:
   $ 4.17  
 
        
3. Amount of the distribution in respect of Class A Outstanding Monthly Interest:
   $ 0.00  
 
        
4. Amount of the distribution in respect of Class A Additional Interest:
   $ 0.00  
 
        
5. Amount of the distribution in respect of Class A Principal:
   $ 0.00  
 
        
E. Class A Investor Charge-Offs and Reimbursement of Class A Investor Charge-Offs on such Distribution Date.
        
 
        
1. Total amount of Class A Investor Charge-Offs:
   $ 0.00  
 
        
2. Amount of Class A Investor Charge- Offs per $1,000 original certificate principal amount:
   $ 0.00  
 
        
3. Total amount reimbursed in respect of Class A Investor Charge-Offs:
   $ 0.00  
 
        
4. Amount reimbursed in respect of Class A Investor Charge-Offs per $1,000 original certificate principal amount:
   $ 0.00  
 
        
5. The amount, if any, by which the outstanding principal balance of the Class A Certificates exceeds the Class A Invested Amount after giving effect to all transactions on such Distribution Date:
   $ 0.00  
 
        
F. Information regarding distributions in respect of the Class B Certificates, per $1,000 original certificate principal amount.
        
 
        
1. The total amount of the distribution:
   $ 4.28  
 
        
2. Amount of the distribution in respect of Class B Monthly Interest:
   $ 4.28  
 
        
3. Amount of the distribution in respect of Class B Outstanding Monthly Interest:
   $ 0.00  

- 109 -

 

         
4. Amount of the distribution in respect of Class B Additional Interest:
   $ 0.00  
 
        
5. Amount of the distribution in respect of Class B Principal:
   $ 0.00  
 
        
G. Amount of reductions in Class B Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Class B Invested Amount on such Distribution Date.
        
 
        
1. The amount of reductions in Class B Invested Amount pursuant to clauses (c), (d), and (e) of the definition
   $ 0.00  
of Class B Invested Amount:
        
 
        
2. The amount of reductions in the Class B Invested Amount set forth in paragraph 1 above, per $1,000 original certificate principal amount:
   $ 0.00  
 
        
3. The total amount reimbursed in respect of such reductions in the Class B Invested Amount:
   $ 0.00  
 
        
4. The amount set forth in paragraph 3 above, per $1,000 original certificate principal amount:
   $ 0.00  
 
        
5. The amount, if any, by which the outstanding principal balance of the Class B Certificates exceeds the Class B Invested Amount after giving effect to all transactions on such Distribution Date:
   $ 0.00  
 
        
H. Information regarding distributions on the Distribution Date to the Collateral Interest Holder.
        
 
        
1. Total amount distributed to the Collateral Interest Holder:
   $ 11,518,855.78  
 
        
2. Amount distributed in respect of Collateral Monthly Interest:
   $ 434,280.00  
 
        
3. Amount distributed in respect of Collateral Additional Interest:
   $ 0.00  

- 110 -

 

         
4. The amount distributed to the Collateral Interest Holder in respect of principal
   $ 0.00  
on the Collateral Invested Amount:
        
 
        
5. Amount distributed to the Collateral Interest Holder in respect of remaining excess spread:
   $ 11,084,575.78  
 
        
I. Amount of reductions in Collateral Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Collateral Invested Amount.
        
 
        
1. The amount of reductions in the Collateral Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Collateral Invested Amount:
   $ 0.00  
 
        
2. The total amount reimbursed in respect of such reductions in the Collateral Invested Amount:
   $ 0.00  
 
        
J. Application of Reallocated Investor Finance Charge Collections.
        
 
        
1. Class A Available Funds:
   $ 17,429,979.46  
 
        
a. Class A Monthly Interest:
   $ 3,829,124.44  
b. Class A Outstanding Monthly Interest:
   $ 0.00  
c. Class A Additional Interest:
   $ 0.00  
d. Class A Investor Default Amount (Treated as Available Principal Collections):
   $ 2,788,897.23  
e. Excess Spread:
   $ 10,811,957.79  
 
        
2. Class B Available Funds:
   $ 1,565,567.02  
 
        
a. Class B Monthly Interest:
   $ 352,916.67  
b. Class B Outstanding Monthly Interest:
   $ 0.00  
c. Class B Additional Interest:
   $ 0.00  
d. Excess Spread:
   $ 1,212,650.35  
 
        
3. Collateral Available Funds:
   $ 1,878,680.42  
 
        
a. Excess Spread:
   $ 1,878,680.42  
 
        
4. Total Excess Spread:
   $ 13,903,288.56  
 
        
K. Reallocated Principal Collections.
        
 
        
1. Principal Allocation Percentage:
     62.3256 %

- 111 -

 

         
2. Series 2005-5 Allocable Principal Collections:
   $ 429,856,289.73  
 
        
3. Principal Allocation Percentage of Series 2005-5 Allocable Principal Collections:
   $ 267,910,389.76  
 
        
4. Reallocated Principal Collections Required to fund the Required Amount:
   $ 0.00  
 
        
5. Item 3 minus item 4:
   $ 267,910,389.76  
 
        
6. Shared Principal Collections from other Series allocated to Series 2005-5:
   $ 0.00  
 
        
7. Other amounts Treated as Available Principal Collections:
   $ 3,339,996.68  
 
        
8. Available Principal Collections (total of 5., 6. & 7.):
   $ 271,250,386.44  
 
        
L. Application of Available Principal Collections during Revolving Period.
        
 
        
1. Collateral Invested Amount:
   $ 99,000,000.00  
 
        
2. Required Collateral Invested Amount:
   $ 99,000,000.00  
 
        
3. Excess of Collateral Invested Amount over Required Collateral Invested Amount:
   $ 0.00  
 
        
4. Treated as Shared Principal Collections:
   $ 271,250,386.44  
 
        
M. Application of Principal Collections During Accumulation or Amortization Period.
        
 
        
1. Principal Funding Account:
   $ 0.00  
 
        
2. Excess of Collateral Invested Amount over Required Collateral Invested Amount:
   $ 0.00  
 
        
3. Principal Distribution:
   $ 0.00  
 
        
4. Treated as Shared Principal Collections:
   $ 0.00  

- 112 -

 

         
N. Application of Excess Spread and Excess Finance Charge Collections Allocated to Series 2005-5.
        
 
        
1.   Excess Spread:
   $ 13,903,288.56  
 
        
2.   Excess Finance Charge Collections:
   $ 0.00  
 
        
3.   Applied to fund Class A Required Amount:
   $ 0.00  
 
        
4.   Class A Investor Charge-Offs treated as Available Principal Collections:
   $ 0.00  
 
        
5.   Applied to fund Class B overdue Interest:
   $ 0.00  
 
        
6.   Applied to fund Class B Required Amount:
   $ 250,499.75  
 
        
7.   Reduction of Class B Invested Amount treated as Available Principal Collections:
   $ 0.00  
 
        
8.   Applied to Collateral Monthly Interest:
   $ 434,280.00  
 
        
9.   Applied to unpaid Monthly Servicing Fee:
   $ 1,833,333.33  
 
        
10. Collateral Default Amount treated as Available Principal Collections:
   $ 300,599.70  
 
        
11. Reduction of Collateral Invested Amount treated as Available Principal Collections:
   $ 0.00  
 
        
12. Deposited to Reserve Account:
   $ 0.00  
 
        
13. Remaining Excess Spread distributed to Collateral Interest Holder:
   $ 11,084,575.78  
 
        
O. Yield and Base Rate.
        
 
        
1. Base Rate:
        
 
        
a. Current Monthly Period:
     7.6433 %
b. Prior Monthly Period:
     7.4984 %
c. Second Prior Monthly Period:
     7.4021 %
 
        
2. Three Month Average Base Rate:
     7.5146 %
 
        
3. Series Adjusted Portfolio Yield:
        
 
        
a. Current Monthly Period:
     19.3939 %
b. Prior Monthly Period:
     19.2587 %
c. Second Prior Monthly Period:
     19.4299 %
 
        
4. Three Month Average Series Adjusted Portfolio Yield:
     19.3608 %
 
        
5. Is the 3 month average series adjusted portfolio yield more than the 3 month average base rate:
   Yes  

- 113 -

 

Series 2005-6 Certificates
A. Investor/Transferor Allocations
                         
            Total Investor        
    Series Allocations     Interest     Transferors Interest  
Beginning Invested /Transferor Amount
     1,123,134,504.33       700,000,000.00       423,134,504.33  
Beginning Adjusted Invested Amount
     N/A       700,000,000.00       N/A  
Floating Allocation Percentage
     N/A       62.3256 %     37.6744 %
Principal Allocation Percentage
     N/A       62.3256 %     37.6744 %
Collections of Finance Chg. Receivables
     21,361,010.48       13,313,371.89       8,047,638.59  
Collections of Principal Receivables
     273,544,911.65       170,488,429.85       103,056,481.80  
Defaulted Amount
     3,410,241.38       2,125,452.43       1,284,788.95  
 
                        
Ending Invested / Transferor Amounts
     1,113,024,998.83       700,000,000.00       413,024,998.83  
B. Monthly Period Funding Requirements
                                 
    Class A     Class B     Collateral Interest     Total  
Principal Funding Account
     0.00       0.00       0.00       0.00  
Investment Proceeds for Monthly Period
     0.00       0.00       0.00       0.00  
Reserve Account Opening Balance
     0.00       0.00       0.00       0.00  
Reserve Account Deposit
     0.00       0.00       0.00       0.00  
Reserve Draw Amount
     0.00       0.00       0.00       0.00  
Reserve Account Surplus
     0.00       0.00       0.00       0.00  
Reserve Account Closing Balance
     0.00       0.00       0.00       0.00  
 
                                
LIBOR Determination Date
   February 13, 2007     February 13, 2007     February 13, 2007          
Coupon February 15, 2007 - March 14, 2007
     5.3200 %     5.4600 %     5.5700 %        
 
     2,418,531.11       222,950.00       272,930.00       2,914,411.11  
 
                                
Monthly Interest Due
                                
Outstanding Monthly Interest Due
     0.00       0.00       0.00       0.00  
Additional Interest Due
     0.00       0.00       0.00       0.00  
Total Interest Due
     2,418,531.11       222,950.00       272,930.00       2,914,411.11  
Investor Default Amount
     1,774,752.78       159,408.93       191,290.72       2,125,452.43  
Investor Monthly Fees Due
     974,166.67       87,500.00       105,000.00       1,166,666.67  
Investor Additional Amounts Due
     0.00       0.00       0.00       0.00  
Total Due
     5,167,450.56       469,858.93       569,220.72       6,206,530.21  
 
                                
Reallocated Investor Finance Charge Collections
                             13,260,351.16  
Interest and Principal Funding Investment Proceeds
                             0.00  
Interest on Reserve Account
                             0.00  
Series Adjusted Portfolio Yield
                             19.3535 %
Base Rate
                             7.6000 %
Excess Spread Percentage
                             12.0923 %
C. Certificates — Balances and Distributions
                                 
    Class A     Class B     Collateral Interest     Total  
Beginning Certificates Balance
     584,500,000.00       52,500,000.00       63,000,000.00       700,000,000.00  
Interest Distributions
     2,418,531.11       222,950.00       272,930.00       2,914,411.11  
Principal Deposits — Prin. Funding Account
     0.00       0.00       0.00       0.00  
Principal Distributions
     0.00       0.00       0.00       0.00  
Total Distributions
     2,418,531.11       222,950.00       272,930.00       2,914,411.11  
Ending Certificates Balance
     584,500,000.00       52,500,000.00       63,000,000.00       700,000,000.00  

- 114 -

 

         
D. Information regarding distributions on the Distribution Date in respect of the Class A Certificates per $1,000 original certificate principal amount.
        
 
        
1. Total amount of the distribution:
   $ 4.14  
 
        
2. Amount of the distribution in respect of Class A Monthly Interest:
   $ 4.14  
 
        
3. Amount of the distribution in respect of Class A Outstanding Monthly Interest:
   $ 0.00  
 
        
4. Amount of the distribution in respect of Class A Additional Interest:
   $ 0.00  
 
        
5. Amount of the distribution in respect of Class A Principal:
   $ 0.00  
 
        
E. Class A Investor Charge-Offs and Reimbursement of Class A Investor Charge-Offs on such Distribution Date.
        
 
        
1. Total amount of Class A Investor Charge-Offs:
   $ 0.00  
 
        
2. Amount of Class A Investor Charge- Offs per $1,000 original certificate principal amount:
   $ 0.00  
 
        
3. Total amount reimbursed in respect of Class A Investor Charge-Offs:
   $ 0.00  
 
        
4. Amount reimbursed in respect of Class A Investor Charge-Offs per $1,000 original certificate principal amount:
   $ 0.00  
 
        
5. The amount, if any, by which the outstanding principal balance of the Class A Certificates exceeds the Class A Invested Amount after giving effect to all transactions on such Distribution Date:
   $ 0.00  
 
        
F. Information regarding distributions in respect of the Class B Certificates, per $1,000 original certificate principal amount.
        
 
        
1. The total amount of the distribution:
   $ 4.25  
 
        
2. Amount of the distribution in respect of Class B Monthly Interest:
   $ 4.25  
 
        
3. Amount of the distribution in respect of Class B Outstanding Monthly Interest:
   $ 0.00  

- 115 -

 

         
4. Amount of the distribution in respect of Class B Additional Interest:
   $ 0.00  
 
        
5. Amount of the distribution in respect of Class B Principal:
   $ 0.00  
 
        
G. Amount of reductions in Class B Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Class B Invested Amount on such Distribution Date.
        
 
        
1. The amount of reductions in Class B Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Class B Invested Amount:
   $ 0.00  
 
        
2. The amount of reductions in the Class B Invested Amount set forth in paragraph 1 above, per $1,000 original certificate principal amount:
   $ 0.00  
 
        
3. The total amount reimbursed in respect of such reductions in the Class B Invested Amount:
   $ 0.00  
 
        
4. The amount set forth in paragraph 3 above, per $1,000 original certificate principal amount:
   $ 0.00  
 
        
5. The amount, if any, by which the outstanding principal balance of the Class B Certificates exceeds the Class B Invested Amount after giving effect to all transactions on such Distribution Date:
   $ 0.00  
 
        
H. Information regarding distributions on the Distribution Date to the Collateral Interest Holder.
        
 
        
1. Total amount distributed to the Collateral Interest Holder:
   $ 7,326,750.95  
 
        
2. Amount distributed in respect of Collateral Monthly Interest:
   $ 272,930.00  
 
        
3. Amount distributed in respect of Collateral Additional Interest:
   $ 0.00  

- 116 -

 

         
4. The amount distributed to the Collateral Interest Holder in respect of principal
   $ 0.00  
on the Collateral Invested Amount:
        
 
        
5. Amount distributed to the Collateral Interest Holder in respect of remaining excess spread:
   $ 7,053,820.95  
 
        
I. Amount of reductions in Collateral Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Collateral Invested Amount.
        
 
        
1. The amount of reductions in the Collateral Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Collateral Invested Amount:
   $ 0.00  
 
        
2. The total amount reimbursed in respect of such reductions in the Collateral Invested Amount:
   $ 0.00  
 
        
J. Application of Reallocated Investor Finance Charge Collections.
        
 
        
1. Class A Available Funds:
   $ 11,072,393.22  
 
        
a. Class A Monthly Interest:
   $ 2,418,531.11  
b. Class A Outstanding Monthly Interest:
   $ 0.00  
c. Class A Additional Interest:
   $ 0.00  
d. Class A Investor Default Amount (Treated as Available Principal Collections):
   $ 1,774,752.78  
e. Excess Spread:
   $ 6,879,109.33  
 
        
2. Class B Available Funds:
   $ 994,526.34  
 
        
a. Class B Monthly Interest:
   $ 222,950.00  
b. Class B Outstanding Monthly Interest:
   $ 0.00  
c. Class B Additional Interest:
   $ 0.00  
d. Excess Spread:
   $ 771,576.34  
 
        
3. Collateral Available Funds:
   $ 1,193,431.60  
 
        
a. Excess Spread:
   $ 1,193,431.60  
 
        
4. Total Excess Spread:
   $ 8,844,117.27  
 
        
K. Reallocated Principal Collections.
        
 
        
1. Principal Allocation Percentage:
     62.3256 %

- 117 -

 

         
2. Series 2005-6 Allocable Principal Collections:
   $ 273,544,911.65  
 
        
3. Principal Allocation Percentage of Series 2005-6 Allocable Principal Collections:
   $ 170,488,429.85  
 
        
4. Reallocated Principal Collections Required to fund the Required Amount:
   $ 0.00  
 
        
5. Item 3 minus item 4:
   $ 170,488,429.85  
 
        
6. Shared Principal Collections from other Series allocated to Series 2005-6:
   $ 0.00  
 
        
7. Other amounts Treated as Available Principal Collections:
   $ 2,125,452.43  
 
        
8. Available Principal Collections (total of 5., 6. & 7.):
   $ 172,613,882.28  
 
        
L. Application of Available Principal Collections during Revolving Period.
        
 
        
1. Collateral Invested Amount:
   $ 63,000,000.00  
 
        
2. Required Collateral Invested Amount:
   $ 63,000,000.00  
 
        
3. Excess of Collateral Invested Amount over Required Collateral Invested Amount:
   $ 0.00  
 
        
4. Treated as Shared Principal Collections:
   $ 172,613,882.28  
 
        
M. Application of Principal Collections During Accumulation or Amortization Period.
        
 
        
1. Principal Funding Account:
   $ 0.00  
 
        
2. Excess of Collateral Invested Amount
   $ 0.00  
over Required Collateral Invested Amount:
        
 
        
3. Principal Distribution:
   $ 0.00  
 
        
4. Treated as Shared Principal Collections:
   $ 0.00  

- 118 -

 

         
N. Application of Excess Spread and Excess Finance Charge Collections Allocated to Series 2005-6.
        
 
        
1.   Excess Spread:
   $ 8,844,117.27  
 
        
2.   Excess Finance Charge Collections:
   $ 0.00  
 
        
3.   Applied to fund Class A Required Amount:
   $ 0.00  
 
        
4.   Class A Investor Charge-Offs treated as Available Principal Collections:
   $ 0.00  
 
        
5.   Applied to fund Class B overdue Interest:
   $ 0.00  
 
        
6.   Applied to fund Class B Required Amount:
   $ 159,408.93  
 
        
7.   Reduction of Class B Invested Amount treated as Available Principal Collections:
   $ 0.00  
 
        
8.   Applied to Collateral Monthly Interest:
   $ 272,930.00  
 
        
9.   Applied to unpaid Monthly Servicing Fee:
   $ 1,166,666.67  
 
        
10. Collateral Default Amount treated as Available Principal Collections:
   $ 191,290.72  
 
        
11. Reduction of Collateral Invested Amount treated as Available Principal Collections:
   $ 0.00  
 
        
12. Deposited to Reserve Account:
   $ 0.00  
 
        
13. Remaining Excess Spread distributed to Collateral Interest Holder:
   $ 7,053,820.95  
 
        
O. Yield and Base Rate.
        
 
        
1. Base Rate:
        
 
        
a. Current Monthly Period:
     7.6000 %
b. Prior Monthly Period:
     7.4551 %
c. Second Prior Monthly Period:
     7.3588 %
 
        
2. Three Month Average Base Rate:
     7.4713 %
 
        
3. Series Adjusted Portfolio Yield:
        
 
        
a. Current Monthly Period:
     19.3535 %
b. Prior Monthly Period:
     19.2168 %
c. Second Prior Monthly Period:
     19.3837 %
 
        
4. Three Month Average Series Adjusted Portfolio Yield:
     19.3180 %
 
        
5. Is the 3 month average series adjusted portfolio yield more than the 3 month average base rate:
   Yes  

- 119 -

 

Series 2005-7 Certificates
A. Investor/Transferor Allocations
                         
            Total Investor        
    Series Allocations     Interest     Transferors Interest  
Beginning Invested /Transferor Amount
     1,123,134,504.33       700,000,000.00       423,134,504.33  
Beginning Adjusted Invested Amount
     N/A       700,000,000.00       N/A  
Floating Allocation Percentage
     N/A       62.3256 %     37.6744 %
Principal Allocation Percentage
     N/A       62.3256 %     37.6744 %
Collections of Finance Chg. Receivables
     21,361,010.48       13,313,371.89       8,047,638.59  
Collections of Principal Receivables
     273,544,911.65       170,488,429.85       103,056,481.80  
Defaulted Amount
     3,410,241.38       2,125,452.43       1,284,788.95  
 
                        
Ending Invested / Transferor Amounts
     1,113,024,998.83       700,000,000.00       413,024,998.83  
B. Monthly Period Funding Requirements
                                 
    Class A     Class B     Collateral Interest     Total  
Principal Funding Account
     0.00       0.00       0.00       0.00  
Investment Proceeds for Monthly Period
     0.00       0.00       0.00       0.00  
Reserve Account Opening Balance
     0.00       0.00       0.00       0.00  
Reserve Account Deposit
     0.00       0.00       0.00       0.00  
Reserve Draw Amount
     0.00       0.00       0.00       0.00  
Reserve Account Surplus
     0.00       0.00       0.00       0.00  
Reserve Account Closing Balance
     0.00       0.00       0.00       0.00  
 
                                
LIBOR Determination Date
   February 13, 2007     February 13, 2007     February 13, 2007          
Coupon February 15, 2007 - March 14, 2007
     5.3900 %     5.5900 %     5.7300 %        
 
     2,450,353.89       228,258.33       280,770.00       2,959,382.22  
 
                                
Monthly Interest Due
                                
Outstanding Monthly Interest Due
     0.00       0.00       0.00       0.00  
Additional Interest Due
     0.00       0.00       0.00       0.00  
Total Interest Due
     2,450,353.89       228,258.33       280,770.00       2,959,382.22  
Investor Default Amount
     1,774,752.78       159,408.93       191,290.72       2,125,452.43  
Investor Monthly Fees Due
     974,166.67       87,500.00       105,000.00       1,166,666.67  
Investor Additional Amounts Due
     0.00       0.00       0.00       0.00  
Total Due
     5,199,273.34       475,167.26       577,060.72       6,251,501.32  
 
                                
Reallocated Investor Finance Charge Collections
                             13,305,322.27  
Interest and Principal Funding Investment Proceeds
                             0.00  
Interest on Reserve Account
                             0.00  
Series Adjusted Portfolio Yield
                             19.4317 %
Base Rate
                             7.6837 %
Excess Spread Percentage
                             12.0923 %
C. Certificates — Balances and Distributions
                                 
    Class A     Class B     Collateral Interest     Total  
Beginning Certificates Balance
     584,500,000.00       52,500,000.00       63,000,000.00       700,000,000.00  
Interest Distributions
     2,450,353.89       228,258.33       280,770.00       2,959,382.22  
Principal Deposits — Prin. Funding Account
     0.00       0.00       0.00       0.00  
Principal Distributions
     0.00       0.00       0.00       0.00  
Total Distributions
     2,450,353.89       228,258.33       280,770.00       2,959,382.22  
Ending Certificates Balance
     584,500,000.00       52,500,000.00       63,000,000.00       700,000,000.00  

- 120 -

 

         
D. Information regarding distributions on the Distribution Date in respect of the Class A Certificates per $1,000 original certificate principal amount.
        
 
        
1. Total amount of the distribution:
   $ 4.19  
 
        
2. Amount of the distribution in respect of Class A Monthly Interest:
   $ 4.19  
 
        
3. Amount of the distribution in respect of Class A Outstanding Monthly Interest:
   $ 0.00  
 
        
4. Amount of the distribution in respect of Class A Additional Interest:
   $ 0.00  
 
        
5. Amount of the distribution in respect of Class A Principal:
   $ 0.00  
 
        
E. Class A Investor Charge-Offs and Reimbursement of Class A Investor Charge-Offs on such Distribution Date.
        
 
        
1. Total amount of Class A Investor Charge-Offs:
   $ 0.00  
 
        
2. Amount of Class A Investor Charge- Offs per $1,000 original certificate principal amount:
   $ 0.00  
 
        
3. Total amount reimbursed in respect of Class A Investor Charge-Offs:
   $ 0.00  
 
        
4. Amount reimbursed in respect of Class A Investor Charge-Offs per $1,000 original certificate principal amount:
   $ 0.00  
 
        
5. The amount, if any, by which the outstanding principal balance of the Class A Certificates exceeds the Class A Invested Amount after giving effect to all transactions on such Distribution Date:
   $ 0.00  
 
        
F. Information regarding distributions in respect of the Class B Certificates, per $1,000 original certificate principal amount.
        
 
        
1. The total amount of the distribution:
   $ 4.35  
 
        
2. Amount of the distribution in respect of Class B Monthly Interest:
   $ 4.35  
 
        
3. Amount of the distribution in respect of Class B Outstanding Monthly Interest:
   $ 0.00  

- 121 -

 

         
4. Amount of the distribution in respect of Class B Additional Interest:
   $ 0.00  
 
        
5. Amount of the distribution in respect of Class B Principal:
   $ 0.00  
 
        
G. Amount of reductions in Class B Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Class B Invested Amount on such Distribution Date.
        
 
        
1. The amount of reductions in Class B Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Class B Invested Amount:
   $ 0.00  
 
        
2. The amount of reductions in the Class B Invested Amount set forth in paragraph 1 above, per $1,000 original certificate principal amount:
   $ 0.00  
 
        
3. The total amount reimbursed in respect of such reductions in the Class B Invested Amount:
   $ 0.00  
 
        
4. The amount set forth in paragraph 3 above, per $1,000 original certificate principal amount:
   $ 0.00  
 
        
5. The amount, if any, by which the outstanding principal balance of the Class B Certificates exceeds the Class B Invested Amount after giving effect to all transactions on such Distribution Date:
   $ 0.00  
 
        
H. Information regarding distributions on the Distribution Date to the Collateral Interest Holder.
        
 
        
1. Total amount distributed to the Collateral Interest Holder:
   $ 7,334,590.95  
 
        
2. Amount distributed in respect of Collateral Monthly Interest:
   $ 280,770.00  
 
        
3. Amount distributed in respect of Collateral Additional Interest:
   $ 0.00  

- 122 -

 

         
4. The amount distributed to the Collateral Interest Holder in respect of principal
   $ 0.00  
on the Collateral Invested Amount:
        
 
        
5. Amount distributed to the Collateral Interest Holder in respect of remaining excess spread:
   $ 7,053,820.95  
 
        
I. Amount of reductions in Collateral Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Collateral Invested Amount.
        
 
        
1. The amount of reductions in the Collateral Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Collateral Invested Amount:
   $ 0.00  
 
        
2. The total amount reimbursed in respect of such reductions in the Collateral Invested Amount:
   $ 0.00  
 
        
J. Application of Reallocated Investor Finance Charge Collections.
        
 
        
1. Class A Available Funds:
   $ 11,109,944.10  
 
        
a. Class A Monthly Interest:
   $ 2,450,353.89  
b. Class A Outstanding Monthly Interest:
   $ 0.00  
c. Class A Additional Interest:
   $ 0.00  
d. Class A Investor Default Amount (Treated as Available Principal Collections):
   $ 1,774,752.78  
e. Excess Spread:
   $ 6,884,837.43  
 
        
2. Class B Available Funds:
   $ 997,899.17  
 
        
a. Class B Monthly Interest:
   $ 228,258.33  
b. Class B Outstanding Monthly Interest:
   $ 0.00  
c. Class B Additional Interest:
   $ 0.00  
d. Excess Spread:
   $ 769,640.84  
 
        
3. Collateral Available Funds:
   $ 1,197,479.00  
 
        
a. Excess Spread:
   $ 1,197,479.00  
 
        
4. Total Excess Spread:
   $ 8,851,957.27  
 
        
K. Reallocated Principal Collections.
        
 
        
1. Principal Allocation Percentage:
     62.3256 %

- 123 -

 

         
2. Series 2005-7 Allocable Principal Collections:
   $ 273,544,911.65  
 
        
3. Principal Allocation Percentage of Series 2005-7 Allocable Principal Collections:
   $ 170,488,429.85  
 
        
4. Reallocated Principal Collections Required to fund the Required Amount:
   $ 0.00  
 
        
5. Item 3 minus item 4:
   $ 170,488,429.85  
 
        
6. Shared Principal Collections from other Series allocated to Series 2005-7:
   $ 0.00  
 
        
7. Other amounts Treated as Available Principal Collections:
   $ 2,125,452.43  
 
        
8. Available Principal Collections (total of 5., 6. & 7.):
   $ 172,613,882.28  
 
        
L. Application of Available Principal Collections during Revolving Period.
        
 
        
1. Collateral Invested Amount:
   $ 63,000,000.00  
 
        
2. Required Collateral Invested Amount:
   $ 63,000,000.00  
 
        
3. Excess of Collateral Invested Amount over Required Collateral Invested Amount:
   $ 0.00  
 
        
4. Treated as Shared Principal Collections:
   $ 172,613,882.28  
 
        
M. Application of Principal Collections During Accumulation or Amortization Period.
        
 
        
1. Principal Funding Account:
   $ 0.00  
 
        
2. Excess of Collateral Invested Amount
   $ 0.00  
over Required Collateral Invested Amount:
        
 
        
3. Principal Distribution:
   $ 0.00  
 
        
4. Treated as Shared Principal Collections:
   $ 0.00  

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N. Application of Excess Spread and Excess Finance Charge Collections Allocated to Series 2005-7.
        
 
        
1.   Excess Spread:
   $ 8,851,957.27  
 
        
2.   Excess Finance Charge Collections:
   $ 0.00  
 
        
3.   Applied to fund Class A Required Amount:
   $ 0.00  
 
        
4.   Class A Investor Charge-Offs treated as Available Principal Collections:
   $ 0.00  
 
        
5.   Applied to fund Class B overdue Interest:
   $ 0.00  
 
        
6.   Applied to fund Class B Required Amount:
   $ 159,408.93  
 
        
7.   Reduction of Class B Invested Amount treated as Available Principal Collections:
   $ 0.00  
 
        
8.   Applied to Collateral Monthly Interest:
   $ 280,770.00  
 
        
9.   Applied to unpaid Monthly Servicing Fee:
   $ 1,166,666.67  
 
        
10. Collateral Default Amount treated as Available Principal Collections:
   $ 191,290.72  
 
        
11. Reduction of Collateral Invested Amount treated as Available Principal Collections:
   $ 0.00  
 
        
12. Deposited to Reserve Account:
   $ 0.00  
 
        
13. Remaining Excess Spread distributed to Collateral Interest Holder:
   $ 7,053,820.95  
 
        
O. Yield and Base Rate.
        
 
        
1. Base Rate:
        
 
        
a. Current Monthly Period:
     7.6837 %
b. Prior Monthly Period:
     7.5389 %
c. Second Prior Monthly Period:
     7.4426 %
 
        
2. Three Month Average Base Rate:
     7.5550 %
 
        
3. Series Adjusted Portfolio Yield:
        
 
        
a. Current Monthly Period:
     19.4317 %
b. Prior Monthly Period:
     19.2978 %
c. Second Prior Monthly Period:
     19.4730 %
 
        
4. Three Month Average Series Adjusted Portfolio Yield:
     19.4008 %
 
        
5. Is the 3 month average series adjusted portfolio yield more than the 3 month average base rate:
   Yes  

- 125 -

 

Series 2005-8 Certificates
A. Investor/Transferor Allocations
                         
    Series Allocations     Total Investor
Interest		     Transferors Interest  
Beginning Invested /Transferor Amount
     802,238,931.66       500,000,000.00       302,238,931.66  
Beginning Adjusted Invested Amount
     N/A       500,000,000.00       N/A  
Floating Allocation Percentage
     N/A       62.3256 %     37.6744 %
Principal Allocation Percentage
     N/A       62.3256 %     37.6744 %
Collections of Finance Chg. Receivables
     15,257,864.63       9,509,551.35       5,748,313.28  
Collections of Principal Receivables
     195,389,222.61       121,777,449.90       73,611,772.71  
Defaulted Amount
     2,435,886.70       1,518,180.31       917,706.39  
 
                        
Ending Invested / Transferor Amounts
     795,017,856.30       500,000,000.00       295,017,856.30  
B. Monthly Period Funding Requirements
                                 
    Class A     Class B     Collateral Interest     Total  
Principal Funding Account
     0.00       0.00       0.00       0.00  
Investment Proceeds for Monthly Period
     0.00       0.00       0.00       0.00  
Reserve Account Opening Balance
     0.00       0.00       0.00       0.00  
Reserve Account Deposit
     0.00       0.00       0.00       0.00  
Reserve Draw Amount
     0.00       0.00       0.00       0.00  
Reserve Account Surplus
     0.00       0.00       0.00       0.00  
Reserve Account Closing Balance
     0.00       0.00       0.00       0.00  
                                 
LIBOR Determination Date   February 13, 2007     February 13, 2007     February 13, 2007          
Coupon February 15, 2007 - March 14, 2007
     5.3500 %     5.4900 %     5.6500 %        
 
     1,737,263.89       160,125.00       197,750.00       2,095,138.89  
 
                                
Monthly Interest Due
                                
Outstanding Monthly Interest Due
     0.00       0.00       0.00       0.00  
Additional Interest Due
     0.00       0.00       0.00       0.00  
Total Interest Due
     1,737,263.89       160,125.00       197,750.00       2,095,138.89  
Investor Default Amount
     1,267,680.56       113,863.52       136,636.23       1,518,180.31  
Investor Monthly Fees Due
     695,833.33       62,500.00       75,000.00       833,333.33  
Investor Additional Amounts Due
     0.00       0.00       0.00       0.00  
Total Due
     3,700,777.78       336,488.52       409,386.23       4,446,652.53  
 
                                
Reallocated Investor Finance Charge Collections
                             9,485,096.07  
Interest and Principal Funding Investment Proceeds
                             0.00  
Interest on Reserve Account
                             0.00  
Series Adjusted Portfolio Yield
                             19.3862 %
Base Rate
                             7.6349 %
Excess Spread Percentage
                             12.0923 %
C. Certificates — Balances and Distributions
                                 
    Class A     Class B     Collateral Interest     Total  
Beginning Certificates Balance
     417,500,000.00       37,500,000.00       45,000,000.00       500,000,000.00  
Interest Distributions
     1,737,263.89       160,125.00       197,750.00       2,095,138.89  
Principal Deposits — Prin. Funding Account
     0.00       0.00       0.00       0.00  
Principal Distributions
     0.00       0.00       0.00       0.00  
Total Distributions
     1,737,263.89       160,125.00       197,750.00       2,095,138.89  
Ending Certificates Balance
     417,500,000.00       37,500,000.00       45,000,000.00       500,000,000.00  

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D. Information regarding distributions on the Distribution Date in respect of the Class A Certificates per $1,000 original certificate principal amount.
        
 
        
1. Total amount of the distribution:
   $ 4.16  
 
        
2. Amount of the distribution in respect of Class A Monthly Interest:
   $ 4.16  
 
        
3. Amount of the distribution in respect of Class A Outstanding Monthly Interest:
   $ 0.00  
 
        
4. Amount of the distribution in respect of Class A Additional Interest:
   $ 0.00  
 
        
5. Amount of the distribution in respect of Class A Principal:
   $ 0.00  
 
        
E. Class A Investor Charge-Offs and Reimbursement of Class A Investor Charge-Offs on such Distribution Date.
        
 
        
1. Total amount of Class A Investor Charge-Offs:
   $ 0.00  
 
        
2. Amount of Class A Investor Charge- Offs per $1,000 original certificate principal amount:
   $ 0.00  
 
        
3. Total amount reimbursed in respect of Class A Investor Charge-Offs:
   $ 0.00  
 
        
4. Amount reimbursed in respect of Class A Investor Charge-Offs per $1,000 original certificate principal amount:
   $ 0.00  
 
        
5. The amount, if any, by which the outstanding principal balance of the Class A Certificates exceeds the Class A Invested Amount after giving effect to all transactions on such Distribution Date:
   $ 0.00  
 
        
F. Information regarding distributions in respect of the Class B Certificates, per $1,000 original certificate principal amount.
        
 
        
1. The total amount of the distribution:
   $ 4.27  
 
        
2. Amount of the distribution in respect of Class B Monthly Interest:
   $ 4.27  
 
        
3. Amount of the distribution in respect of Class B Outstanding Monthly Interest:
   $ 0.00  

- 127 -

 

         
4. Amount of the distribution in respect of Class B Additional Interest:
   $ 0.00  
 
        
5. Amount of the distribution in respect of Class B Principal:
   $ 0.00  
 
        
G. Amount of reductions in Class B Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Class B Invested Amount on such Distribution Date.
        
 
        
1. The amount of reductions in Class B Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Class B Invested Amount:
   $ 0.00  
 
        
2. The amount of reductions in the Class B Invested Amount set forth in paragraph 1 above, per $1,000 original certificate principal amount:
   $ 0.00  
 
        
3. The total amount reimbursed in respect of such reductions in the Class B Invested Amount:
   $ 0.00  
 
        
4. The amount set forth in paragraph 3 above, per $1,000 original certificate principal amount:
   $ 0.00  
 
        
5. The amount, if any, by which the outstanding principal balance of the Class B Certificates exceeds the Class B Invested Amount after giving effect to all transactions on such Distribution Date:
   $ 0.00  
 
        
H. Information regarding distributions on the Distribution Date to the Collateral Interest Holder.
        
 
        
1. Total amount distributed to the Collateral Interest Holder:
   $ 5,236,193.55  
 
        
2. Amount distributed in respect of Collateral Monthly Interest:
   $ 197,750.00  
 
        
3. Amount distributed in respect of Collateral Additional Interest:
   $ 0.00  

- 128 -

 

         
4. The amount distributed to the Collateral Interest Holder in respect of principal on the Collateral Invested Amount:
   $ 0.00  
 
        
5. Amount distributed to the Collateral Interest Holder in respect of remaining excess spread:
   $ 5,038,443.55  
 
        
I. Amount of reductions in Collateral Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Collateral Invested Amount.
        
 
        
1. The amount of reductions in the Collateral Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Collateral Invested Amount:
   $ 0.00  
 
        
2. The total amount reimbursed in respect of such reductions in the Collateral Invested Amount:
   $ 0.00  
 
        
J. Application of Reallocated Investor Finance Charge Collections.
        
 
        
1. Class A Available Funds:
   $ 7,920,055.22  
 
        
a. Class A Monthly Interest:
   $ 1,737,263.89  
b. Class A Outstanding Monthly Interest:
   $ 0.00  
c. Class A Additional Interest:
   $ 0.00  
d. Class A Investor Default Amount (Treated as Available Principal Collections):
   $ 1,267,680.56  
e. Excess Spread:
   $ 4,915,110.77  
 
        
2. Class B Available Funds:
   $ 711,382.21  
 
        
a. Class B Monthly Interest:
   $ 160,125.00  
b. Class B Outstanding Monthly Interest:
   $ 0.00  
c. Class B Additional Interest:
   $ 0.00  
d. Excess Spread:
   $ 551,257.21  
 
        
3. Collateral Available Funds:
   $ 853,658.65  
 
        
a. Excess Spread:
   $ 853,658.65  
 
        
4. Total Excess Spread:
   $ 6,320,026.63  
 
        
K. Reallocated Principal Collections.
        
 
        
1. Principal Allocation Percentage:
     62.3256 %
 
        
2. Series 2005-8 Allocable Principal Collections:
   $ 195,389,222.61  

- 129 -

 

         
3. Principal Allocation Percentage of Series 2005-8 Allocable Principal Collections:
   $ 121,777,449.90  
 
        
4. Reallocated Principal Collections Required to fund the Required Amount:
   $ 0.00  
 
        
5. Item 3 minus item 4:
   $ 121,777,449.90  
 
        
6. Shared Principal Collections from other Series allocated to Series 2005-8:
   $ 0.00  
 
        
7. Other amounts Treated as Available Principal Collections:
   $ 1,518,180.31  
 
        
8. Available Principal Collections (total of 5., 6. & 7.):
   $ 123,295,630.21  
 
        
L. Application of Available Principal Collections during Revolving Period.
        
 
        
1. Collateral Invested Amount:
   $ 45,000,000.00  
 
        
2. Required Collateral Invested Amount:
   $ 45,000,000.00  
 
        
3. Excess of Collateral Invested Amount over Required Collateral Invested Amount:
   $ 0.00  
 
        
4. Treated as Shared Principal Collections:
   $ 123,295,630.21  
 
        
M. Application of Principal Collections During Accumulation or Amortization Period.
        
 
        
1. Principal Funding Account:
   $ 0.00  
 
        
2. Excess of Collateral Invested Amount over Required Collateral Invested Amount:
   $ 0.00  
 
        
3. Principal Distribution:
   $ 0.00  
 
        
4. Treated as Shared Principal Collections:
   $ 0.00  
 
        
N. Application of Excess Spread and Excess Finance Charge Collections Allocated to Series 2005-8.
        

- 130 -

 

         
1.   Excess Spread:
   $ 6,320,026.63  
2.   Excess Finance Charge Collections:
   $ 0.00  
3.   Applied to fund Class A Required Amount:
   $ 0.00  
4.   Class A Investor Charge-Offs treated as Available Principal Collections:
   $ 0.00  
5.   Applied to fund Class B overdue Interest:
   $ 0.00  
6.   Applied to fund Class B Required Amount:
   $ 113,863.52  
7.   Reduction of Class B Invested Amount treated as Available Principal Collections:
   $ 0.00  
8.   Applied to Collateral Monthly Interest:
   $ 197,750.00  
9.   Applied to unpaid Monthly Servicing Fee:
   $ 833,333.33  
10. Collateral Default Amount treated as Available Principal Collections:
   $ 136,636.23  
11. Reduction of Collateral Invested Amount treated as Available Principal Collections:
   $ 0.00  
12. Deposited to Reserve Account:
   $ 0.00  
13. Remaining Excess Spread distributed to Collateral Interest Holder:
   $ 5,038,443.55  
 
        
O. Yield and Base Rate.
        
 
        
1. Base Rate:
        
a.Current Monthly Period:
     7.6349 %
b.Prior Monthly Period:
     7.4901 %
c.Second Prior Monthly Period:
     7.3938 %
2. Three Month Average Base Rate:
     7.5063 %
 
        
3. Series Adjusted Portfolio Yield:
        
a.Current Monthly Period:
     19.3862 %
b.Prior Monthly Period:
     19.2506 %
c.Second Prior Monthly Period:
     19.4210 %
4. Three Month Average Series Adjusted Portfolio Yield:
     19.3526 %
 
        
5. Is the 3 month average series adjusted portfolio yield more than the 3 month average base rate:
   Yes

- 131 -

 

Series 2006-1 Certificates
A. Investor/Transferor Allocations
                         
    Series Allocations     Total Investor
Interest		     Transferors Interest  
Beginning Invested /Transferor Amount
     1,604,477,863.32       1,000,000,000.00       604,477,863.32  
Beginning Adjusted Invested Amount
     N/A       1,000,000,000.00       N/A  
Floating Allocation Percentage
     N/A       62.3256 %     37.6744 %
Principal Allocation Percentage
     N/A       62.3256 %     37.6744 %
Collections of Finance Chg. Receivables
     30,515,729.26       19,019,102.70       11,496,626.56  
Collections of Principal Receivables
     390,778,445.21       243,554,899.79       147,223,545.42  
Defaulted Amount
     4,871,773.39       3,036,360.61       1,835,412.78  
 
                        
Ending Invested / Transferor Amounts
     1,590,035,712.61       1,000,000,000.00       590,035,712.61  
B. Monthly Period Funding Requirements
                                 
    Class A     Class B     Collateral Interest     Total  
Principal Funding Account
     0.00       0.00       0.00       0.00  
Investment Proceeds for Monthly Period
     0.00       0.00       0.00       0.00  
Reserve Account Opening Balance
     0.00       0.00       0.00       0.00  
Reserve Account Deposit
     0.00       0.00       0.00       0.00  
Reserve Draw Amount
     0.00       0.00       0.00       0.00  
Reserve Account Surplus
     0.00       0.00       0.00       0.00  
Reserve Account Closing Balance
     0.00       0.00       0.00       0.00  
                                 
LIBOR Determination Date   February 13, 2007     February 13, 2007     February 13, 2007          
Coupon February 15, 2007 - March 14, 2007
     5.3500 %     5.4600 %     5.6000 %        
 
     3,474,527.78       318,500.00       392,000.00       4,185,027.78  
 
                                
Monthly Interest Due
                                
Outstanding Monthly Interest Due
     0.00       0.00       0.00       0.00  
Additional Interest Due
     0.00       0.00       0.00       0.00  
Total Interest Due
     3,474,527.78       318,500.00       392,000.00       4,185,027.78  
Investor Default Amount
     2,535,361.11       227,727.05       273,272.45       3,036,360.61  
Investor Monthly Fees Due
     1,391,666.67       125,000.00       150,000.00       1,666,666.67  
Investor Additional Amounts Due
     0.00       0.00       0.00       0.00  
Total Due
     7,401,555.56       671,227.05       815,272.45       8,888,055.06  
 
                                
Reallocated Investor Finance Charge Collections
                             18,964,942.13  
Interest and Principal Funding Investment Proceeds
                             0.00  
Interest on Reserve Account
                             0.00  
Series Adjusted Portfolio Yield
                             19.3798 %
Base Rate
                             7.6281 %
Excess Spread Percentage
                             12.0923 %
C. Certificates — Balances and Distributions
                                 
    Class A     Class B     Collateral Interest     Total  
Beginning Certificates Balance
     835,000,000.00       75,000,000.00       90,000,000.00       1,000,000,000.00  
Interest Distributions
     3,474,527.78       318,500.00       392,000.00       4,185,027.78  
Principal Deposits — Prin. Funding Account
     0.00       0.00       0.00       0.00  
Principal Distributions
     0.00       0.00       0.00       0.00  
Total Distributions
     3,474,527.78       318,500.00       392,000.00       4,185,027.78  
Ending Certificates Balance
     835,000,000.00       75,000,000.00       90,000,000.00       1,000,000,000.00  

- 132 -

 

         
D. Information regarding distributions on the Distribution Date in respect of the Class A Certificates per $1,000 original certificate principal amount.
        
 
        
1. Total amount of the distribution:
   $ 4.16  
 
        
2. Amount of the distribution in respect of Class A Monthly Interest:
   $ 4.16  
 
        
3. Amount of the distribution in respect of Class A Outstanding Monthly Interest:
   $ 0.00  
 
        
4. Amount of the distribution in respect of Class A Additional Interest:
   $ 0.00  
 
        
5. Amount of the distribution in respect of Class A Principal:
   $ 0.00  
 
        
E. Class A Investor Charge-Offs and Reimbursement of Class A Investor Charge-Offs on such Distribution Date.
        
 
        
1. Total amount of Class A Investor Charge-Offs:
   $ 0.00  
 
        
2. Amount of Class A Investor Charge- Offs per $1,000 original certificate principal amount:
   $ 0.00  
 
        
3. Total amount reimbursed in respect of Class A Investor Charge-Offs:
   $ 0.00  
 
        
4. Amount reimbursed in respect of Class A Investor Charge-Offs per $1,000 original certificate principal amount:
   $ 0.00  
 
        
5. The amount, if any, by which the outstanding principal balance of the Class A Certificates exceeds the Class A Invested Amount after giving effect to all transactions on such Distribution Date:
   $ 0.00  
 
        
F. Information regarding distributions in respect of the Class B Certificates, per $1,000 original certificate principal amount.
        
 
        
1. The total amount of the distribution:
   $ 4.25  
 
        
2. Amount of the distribution in respect of Class B Monthly Interest:
   $ 4.25  
 
        
3. Amount of the distribution in respect of Class B Outstanding Monthly Interest:
   $ 0.00  

- 133 -

 

         
4. Amount of the distribution in respect of Class B Additional Interest:
   $ 0.00  
 
        
5. Amount of the distribution in respect of Class B Principal:
   $ 0.00  
 
        
G. Amount of reductions in Class B Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Class B Invested Amount on such Distribution Date.
        
 
        
1. The amount of reductions in Class B Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Class B Invested Amount:
   $ 0.00  
 
        
2. The amount of reductions in the Class B Invested Amount set forth in paragraph 1 above, per $1,000 original certificate principal amount:
   $ 0.00  
 
        
3. The total amount reimbursed in respect of such reductions in the Class B Invested Amount:
   $ 0.00  
 
        
4. The amount set forth in paragraph 3 above, per $1,000 original certificate principal amount:
   $ 0.00  
 
        
5. The amount, if any, by which the outstanding principal balance of the Class B Certificates exceeds the Class B Invested Amount after giving effect to all transactions on such Distribution Date:
   $ 0.00  
 
        
H. Information regarding distributions on the Distribution Date to the Collateral Interest Holder.
        
 
        
1. Total amount distributed to the Collateral Interest Holder:
   $ 10,468,887.07  
 
        
2. Amount distributed in respect of Collateral Monthly Interest:
   $ 392,000.00  
 
        
3. Amount distributed in respect of Collateral Additional Interest:
   $ 0.00  

- 134 -

 

         
4. The amount distributed to the Collateral Interest Holder in respect of principal on the Collateral Invested Amount:
   $ 0.00  
 
        
5. Amount distributed to the Collateral Interest Holder in respect of remaining excess spread:
   $ 10,076,887.07  
 
        
I. Amount of reductions in Collateral Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Collateral Invested Amount.
        
 
        
1. The amount of reductions in the Collateral Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Collateral Invested Amount:
   $ 0.00  
 
        
2. The total amount reimbursed in respect of such reductions in the Collateral Invested Amount:
   $ 0.00  
 
        
J. Application of Reallocated Investor Finance Charge Collections.
        
 
        
1. Class A Available Funds:
   $ 15,835,726.68  
 
        
a. Class A Monthly Interest:
   $ 3,474,527.78  
b. Class A Outstanding Monthly Interest:
   $ 0.00  
c. Class A Additional Interest:
   $ 0.00  
d. Class A Investor Default Amount (Treated as Available Principal Collections):
   $ 2,535,361.11  
e. Excess Spread:
   $ 9,825,837.79  
 
        
2. Class B Available Funds:
   $ 1,422,370.66  
 
        
a. Class B Monthly Interest:
   $ 318,500.00  
b. Class B Outstanding Monthly Interest:
   $ 0.00  
c. Class B Additional Interest:
   $ 0.00  
d. Excess Spread:
   $ 1,103,870.66  
 
        
3. Collateral Available Funds:
   $ 1,706,844.79  
 
        
a. Excess Spread:
   $ 1,706,844.79  
 
        
4. Total Excess Spread:
   $ 12,636,553.24  
 
        
K. Reallocated Principal Collections.
        
 
        
1. Principal Allocation Percentage:
     62.3256 %

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2. Series 2006-1 Allocable Principal Collections:
   $ 390,778,445.21  
 
        
3. Principal Allocation Percentage of Series 2006-1 Allocable Principal Collections:
   $ 243,554,899.79  
 
        
4. Reallocated Principal Collections Required to fund the Required Amount:
   $ 0.00  
 
        
5. Item 3 minus item 4:
   $ 243,554,899.79  
 
        
6. Shared Principal Collections from other Series allocated to Series 2006-1:
   $ 0.00  
 
        
7. Other amounts Treated as Available Principal Collections:
   $ 3,036,360.61  
 
        
8. Available Principal Collections (total of 5., 6. & 7.):
   $ 246,591,260.40  
 
        
L. Application of Available Principal Collections during Revolving Period.
        
 
        
1. Collateral Invested Amount:
   $ 90,000,000.00  
 
        
2. Required Collateral Invested Amount:
   $ 90,000,000.00  
 
        
3. Excess of Collateral Invested Amount over Required Collateral Invested Amount:
   $ 0.00  
 
        
4. Treated as Shared Principal Collections:
   $ 246,591,260.40  
 
        
M. Application of Principal Collections During Accumulation or Amortization Period.
        
 
        
1. Principal Funding Account:
   $ 0.00  
 
        
2. Excess of Collateral Invested Amount over Required Collateral Invested Amount:
   $ 0.00  
 
        
3. Principal Distribution:
   $ 0.00  
 
        
4. Treated as Shared Principal Collections:
   $ 0.00  
 
        
N. Application of Excess Spread and Excess Finance Charge Collections Allocated to Series 2006-1.
        

- 136 -

 

         
1.   Excess Spread:
   $ 12,636,553.24  
2.   Excess Finance Charge Collections:
   $ 0.00  
3.   Applied to fund Class A Required Amount:
   $ 0.00  
4.   Class A Investor Charge-Offs treated as Available Principal Collections:
   $ 0.00  
5.   Applied to fund Class B overdue Interest:
   $ 0.00  
6.   Applied to fund Class B Required Amount:
   $ 227,727.05  
7.    Reduction of Class B Invested Amount treated as Available Principal Collections:
   $ 0.00  
8.   Applied to Collateral Monthly Interest:
   $ 392,000.00  
9.   Applied to unpaid Monthly Servicing Fee:
   $ 1,666,666.67  
10. Collateral Default Amount treated as Available Principal Collections:
   $ 273,272.45  
11. Reduction of Collateral Invested Amount treated as Available Principal Collections:
   $ 0.00  
12. Deposited to Reserve Account:
   $ 0.00  
13. Remaining Excess Spread distributed to Collateral Interest Holder:
   $ 10,076,887.07  
 
        
O. Yield and Base Rate.
        
 
        
1. Base Rate:
        
 
        
a. Current Monthly Period:
     7.6281 %
b. Prior Monthly Period:
     7.4833 %
c. Second Prior Monthly Period:
     7.3869 %
2. Three Month Average Base Rate:
     7.4994 %
 
        
3. Series Adjusted Portfolio Yield:
        
a. Current Monthly Period:
     19.3798 %
b. Prior Monthly Period:
     19.2440 %
c. Second Prior Monthly Period:
     19.4137 %
4. Three Month Average Series Adjusted Portfolio Yield:
     19.3458 %
 
        
5. Is the 3 month average series adjusted portfolio yield more than the 3 month average base rate:
   Yes

- 137 -

 

Series 2006-2 Certificates
A. Investor/Transferor Allocations
                         
    Series Allocations     Total Investor
Interest		     Transferors Interest  
Beginning Invested /Transferor Amount
     802,238,931.66       500,000,000.00       302,238,931.66  
Beginning Adjusted Invested Amount
     N/A       500,000,000.00       N/A  
Floating Allocation Percentage
     N/A       62.3256 %     37.6744 %
Principal Allocation Percentage
     N/A       62.3256 %     37.6744 %
Collections of Finance Chg. Receivables
     15,257,864.63       9,509,551.35       5,748,313.28  
Collections of Principal Receivables
     195,389,222.61       121,777,449.90       73,611,772.71  
Defaulted Amount
     2,435,886.70       1,518,180.31       917,706.39  
 
                        
Ending Invested / Transferor Amounts
     795,017,856.30       500,000,000.00       295,017,856.30  
B. Monthly Period Funding Requirements
                                 
    Class A     Class B     Collateral Interest     Total  
Principal Funding Account
     0.00       0.00       0.00       0.00  
Investment Proceeds for Monthly Period
     0.00       0.00       0.00       0.00  
Reserve Account Opening Balance
     0.00       0.00       0.00       0.00  
Reserve Account Deposit
     0.00       0.00       0.00       0.00  
Reserve Draw Amount
     0.00       0.00       0.00       0.00  
Reserve Account Surplus
     0.00       0.00       0.00       0.00  
Reserve Account Closing Balance
     0.00       0.00       0.00       0.00  
                                 
LIBOR Determination Date   February 13, 2007     February 13, 2007     February 13, 2007          
Coupon February 15, 2007 - March 14, 2007
     5.3500 %     5.5500 %     5.6500 %        
 
     1,950,520.83       127,187.50       164,791.67       2,242,500.00  
 
                                
Monthly Interest Due
                                
Outstanding Monthly Interest Due
     0.00       0.00       0.00       0.00  
Additional Interest Due
     0.00       0.00       0.00       0.00  
Total Interest Due
     1,950,520.83       127,187.50       164,791.67       2,242,500.00  
Investor Default Amount
     1,328,407.77       83,499.92       106,272.62       1,518,180.31  
Investor Monthly Fees Due
     729,166.67       45,833.33       58,333.33       833,333.33  
Investor Additional Amounts Due
     0.00       0.00       0.00       0.00  
Total Due
     4,008,095.27       256,520.75       329,397.62       4,594,013.64  
 
                                
Reallocated Investor Finance Charge Collections
                             9,722,660.44  
Interest and Principal Funding Investment Proceeds
                             0.00  
Interest on Reserve Account
                             0.00  
Series Adjusted Portfolio Yield
                             19.9642 %
Base Rate
                             8.0191 %
Excess Spread Percentage
                             12.3088 %
C. Certificates — Balances and Distributions
                                 
    Class A     Class B     Collateral Interest     Total  
Beginning Certificates Balance
     437,500,000.00       27,500,000.00       35,000,000.00       500,000,000.00  
Interest Distributions
     1,950,520.83       127,187.50       164,791.67       2,242,500.00  
Principal Deposits — Prin. Funding Account
     0.00       0.00       0.00       0.00  
Principal Distributions
     0.00       0.00       0.00       0.00  
Total Distributions
     1,950,520.83       127,187.50       164,791.67       2,242,500.00  
Ending Certificates Balance
     437,500,000.00       27,500,000.00       35,000,000.00       500,000,000.00  

- 138 -

 

         
D. Information regarding distributions on the Distribution Date in respect of the Class A Certificates per $1,000 original certificate principal amount.
        
 
        
1. Total amount of the distribution:
   $ 4.46  
 
        
2. Amount of the distribution in respect of Class A Monthly Interest:
   $ 4.46  
 
        
3. Amount of the distribution in respect of Class A Outstanding Monthly Interest:
   $ 0.00  
 
        
4. Amount of the distribution in respect of Class A Additional Interest:
   $ 0.00  
 
        
5. Amount of the distribution in respect of Class A Principal:
   $ 0.00  
 
        
E. Class A Investor Charge-Offs and Reimbursement of Class A Investor Charge-Offs on such Distribution Date.
        
 
        
1. Total amount of Class A Investor Charge-Offs:
   $ 0.00  
 
        
2. Amount of Class A Investor Charge- Offs per $1,000 original certificate principal amount:
   $ 0.00  
 
        
3. Total amount reimbursed in respect of Class A Investor Charge-Offs:
   $ 0.00  
 
        
4. Amount reimbursed in respect of Class A Investor Charge-Offs per $1,000 original certificate principal amount:
   $ 0.00  
 
        
5. The amount, if any, by which the outstanding principal balance of the Class A Certificates exceeds the Class A Invested Amount after giving effect to all transactions on such Distribution Date:
   $ 0.00  
 
        
F. Information regarding distributions in respect of the Class B Certificates, per $1,000 original certificate principal amount.
        
 
        
1. The total amount of the distribution:
   $ 4.63  
 
        
2. Amount of the distribution in respect of Class B Monthly Interest:
   $ 4.63  
 
        
3. Amount of the distribution in respect of Class B Outstanding Monthly Interest:
   $ 0.00  

- 139 -

 

         
4. Amount of the distribution in respect of Class B Additional Interest:
   $ 0.00  
 
        
5. Amount of the distribution in respect of Class B Principal:
   $ 0.00  
 
        
G. Amount of reductions in Class B Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Class B Invested Amount on such Distribution Date.
        
 
        
1. The amount of reductions in Class B Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Class B Invested Amount:
   $ 0.00  
 
        
2. The amount of reductions in the Class B Invested Amount set forth in paragraph 1 above, per $1,000 original certificate principal amount:
   $ 0.00  
 
        
3. The total amount reimbursed in respect of such reductions in the Class B Invested Amount:
   $ 0.00  
 
        
4. The amount set forth in paragraph 3 above, per $1,000 original certificate principal amount:
   $ 0.00  
 
        
5. The amount, if any, by which the outstanding principal balance of the Class B Certificates exceeds the Class B Invested Amount after giving effect to all transactions on such Distribution Date:
   $ 0.00  
 
        
H. Information regarding distributions on the Distribution Date to the Collateral Interest Holder.
        
 
        
1. Total amount distributed to the Collateral Interest Holder:
   $ 5,293,438.47  
 
        
2. Amount distributed in respect of Collateral Monthly Interest:
   $ 164,791.67  
 
        
3. Amount distributed in respect of Collateral Additional Interest:
   $ 0.00  

- 140 -

 

         
4. The amount distributed to the Collateral Interest Holder in respect of principal on the Collateral Invested Amount:
   $ 0.00  
 
        
5. Amount distributed to the Collateral Interest Holder in respect of remaining excess spread:
   $ 5,128,646.80  
 
        
I. Amount of reductions in Collateral Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Collateral Invested Amount.
        
 
        
1. The amount of reductions in the Collateral Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Collateral Invested Amount:
   $ 0.00  
 
        
2. The total amount reimbursed in respect of such reductions in the Collateral Invested Amount:
   $ 0.00  
 
        
J. Application of Reallocated Investor Finance Charge Collections.
        
 
        
1. Class A Available Funds:
   $ 8,507,327.89  
 
        
a. Class A Monthly Interest:
   $ 1,950,520.83  
b. Class A Outstanding Monthly Interest:
   $ 0.00  
c. Class A Additional Interest:
   $ 0.00  
d. Class A Investor Default Amount (Treated as Available Principal Collections):
   $ 1,328,407.77  
e. Excess Spread:
   $ 5,228,399.29  
 
        
2. Class B Available Funds:
   $ 534,746.32  
 
        
a. Class B Monthly Interest:
   $ 127,187.50  
b. Class B Outstanding Monthly Interest:
   $ 0.00  
c. Class B Additional Interest:
   $ 0.00  
d. Excess Spread:
   $ 407,558.82  
 
        
3. Collateral Available Funds:
   $ 680,586.23  
 
        
a. Excess Spread:
   $ 680,586.23  
 
        
4. Total Excess Spread:
   $ 6,316,544.34  
 
        
K. Reallocated Principal Collections.
        
 
        
1. Principal Allocation Percentage:
     62.3256 %

- 141 -

 

         
2. Series 2006-2 Allocable Principal Collections:
   $ 195,389,222.61  
 
        
3. Principal Allocation Percentage of Series 2006-2 Allocable Principal Collections:
   $ 121,777,449.90  
 
        
4. Reallocated Principal Collections Required to fund the Required Amount:
   $ 0.00  
 
        
5. Item 3 minus item 4:
   $ 121,777,449.90  
 
        
6. Shared Principal Collections from other Series allocated to Series 2006-2:
   $ 0.00  
 
        
7. Other amounts Treated as Available Principal Collections:
   $ 1,518,180.31  
 
        
8. Available Principal Collections (total of 5., 6. & 7.):
   $ 123,295,630.21  
 
        
L. Application of Available Principal Collections during Revolving Period.
        
 
        
1. Collateral Invested Amount:
   $ 35,000,000.00  
 
        
2. Required Collateral Invested Amount:
   $ 35,000,000.00  
 
        
3. Excess of Collateral Invested Amount over Required Collateral Invested Amount:
   $ 0.00  
 
        
4. Treated as Shared Principal Collections:
   $ 123,295,630.21  
 
        
M. Application of Principal Collections During Accumulation or Amortization Period.
        
 
        
1. Principal Funding Account:
   $ 0.00  
 
        
2. Excess of Collateral Invested Amount over Required Collateral Invested Amount:
   $ 0.00  
 
        
3. Principal Distribution:
   $ 0.00  
 
        
4. Treated as Shared Principal Collections:
   $ 0.00  
 
        
N. Application of Excess Spread and Excess Finance Charge Collections Allocated to Series 2006-2.
        

- 142 -

 

         
1.   Excess Spread:
   $ 6,316,544.34  
2.   Excess Finance Charge Collections:
   $ 0.00  
3.   Applied to fund Class A Required Amount:
   $ 0.00  
4.   Class A Investor Charge-Offs treated as Available Principal Collections:
   $ 0.00  
5.   Applied to fund Class B overdue Interest:
   $ 0.00  
6.   Applied to fund Class B Required Amount:
   $ 83,499.92  
7.   Reduction of Class B Invested Amount treated as Available Principal Collections:
   $ 0.00  
8.   Applied to Collateral Monthly Interest:
   $ 164,791.67  
9.    Applied to unpaid Monthly Servicing Fee:
   $ 833,333.33  
10. Collateral Default Amount treated as Available Principal Collections:
   $ 106,272.62  
11. Reduction of Collateral Invested Amount treated as Available Principal Collections:
   $ 0.00  
12. Deposited to Reserve Account:
   $ 0.00  
13. Remaining Excess Spread distributed to Collateral Interest Holder:
   $ 5,128,646.80  
 
        
O. Yield and Base Rate.
        
 
        
1. Base Rate:
        
a. Current Monthly Period:
     8.0191 %
b. Prior Monthly Period:
     7.4845 %
c. Second Prior Monthly Period:
     7.0167 %
2. Three Month Average Base Rate:
     7.5068 %
 
        
3. Series Adjusted Portfolio Yield:
        
a. Current Monthly Period:
     19.9642 %
b. Prior Monthly Period:
     19.7933 %
c. Second Prior Monthly Period:
     19.9672 %
4. Three Month Average Series Adjusted Portfolio Yield:
     19.9083 %
 
        
5. Is the 3 month average series adjusted portfolio yield more than the 3 month average base rate:
   Yes

- 143 -

 

Series 2006-3 Certificates
A. Investor/Transferor Allocations
                         
    Series Allocations     Total Investor
Interest		     Transferors Interest  
Beginning Invested /Transferor Amount
     962,686,717.99       600,000,000.00       362,686,717.99  
Beginning Adjusted Invested Amount
     N/A       600,000,000.00       N/A  
Floating Allocation Percentage
     N/A       62.3256 %     37.6744 %
Principal Allocation Percentage
     N/A       62.3256 %     37.6744 %
Collections of Finance Chg. Receivables
     18,309,437.56       11,411,461.62       6,897,975.94  
Collections of Principal Receivables
     234,467,067.13       146,132,939.87       88,334,127.26  
Defaulted Amount
     2,923,064.04       1,821,816.37       1,101,247.67  
 
                        
Ending Invested / Transferor Amounts
     954,021,427.57       600,000,000.00       354,021,427.57  
B. Monthly Period Funding Requirements
                                 
    Class A     Class B     Collateral Interest     Total  
Principal Funding Account
     0.00       0.00       0.00       0.00  
Investment Proceeds for Monthly Period
     0.00       0.00       0.00       0.00  
Reserve Account Opening Balance
     0.00       0.00       0.00       0.00  
Reserve Account Deposit
     0.00       0.00       0.00       0.00  
Reserve Draw Amount
     0.00       0.00       0.00       0.00  
Reserve Account Surplus
     0.00       0.00       0.00       0.00  
Reserve Account Closing Balance
     0.00       0.00       0.00       0.00  
                                 
LIBOR Determination Date   February 13, 2007     February 13, 2007     February 13, 2007          
Coupon February 15, 2007 - March 14, 2007
     5.3400 %     5.4400 %     5.6000 %        
 
     2,080,820.00       190,400.00       235,200.00       2,506,420.00  
 
                                
Monthly Interest Due
                                
Outstanding Monthly Interest Due
     0.00       0.00       0.00       0.00  
Additional Interest Due
     0.00       0.00       0.00       0.00  
Total Interest Due
     2,080,820.00       190,400.00       235,200.00       2,506,420.00  
Investor Default Amount
     1,521,216.67       136,636.23       163,963.47       1,821,816.37  
Investor Monthly Fees Due
     835,000.00       75,000.00       90,000.00       1,000,000.00  
Investor Additional Amounts Due
     0.00       0.00       0.00       0.00  
Total Due
     4,437,036.67       402,036.23       489,163.47       5,328,236.37  
 
                                
Reallocated Investor Finance Charge Collections
                             11,374,368.61  
Interest and Principal Funding Investment Proceeds
                             0.00  
Interest on Reserve Account
                             0.00  
Series Adjusted Portfolio Yield
                             19.3705 %
Base Rate
                             7.6181 %
Excess Spread Percentage
                             12.0923 %
C. Certificates — Balances and Distributions
                                 
    Class A     Class B     Collateral Interest     Total  
Beginning Certificates Balance
     501,000,000.00       45,000,000.00       54,000,000.00       600,000,000.00  
Interest Distributions
     2,080,820.00       190,400.00       235,200.00       2,506,420.00  
Principal Deposits — Prin. Funding Account
     0.00       0.00       0.00       0.00  
Principal Distributions
     0.00       0.00       0.00       0.00  
Total Distributions
     2,080,820.00       190,400.00       235,200.00       2,506,420.00  
Ending Certificates Balance
     501,000,000.00       45,000,000.00       54,000,000.00       600,000,000.00  

- 144 -

 

         
D. Information regarding distributions on the Distribution Date in respect of the Class A Certificates per $1,000 original certificate principal amount.
        
 
        
1. Total amount of the distribution:
   $ 4.15  
 
        
2. Amount of the distribution in respect of Class A Monthly Interest:
   $ 4.15  
 
        
3. Amount of the distribution in respect of Class A Outstanding Monthly Interest:
   $ 0.00  
 
        
4. Amount of the distribution in respect of Class A Additional Interest:
   $ 0.00  
 
        
5. Amount of the distribution in respect of Class A Principal:
   $ 0.00  
 
        
E. Class A Investor Charge-Offs and Reimbursement of Class A Investor Charge-Offs on such Distribution Date.
        
 
        
1. Total amount of Class A Investor Charge-Offs:
   $ 0.00  
 
        
2. Amount of Class A Investor Charge- Offs per $1,000 original certificate principal amount:
   $ 0.00  
 
        
3. Total amount reimbursed in respect of Class A Investor Charge-Offs:
   $ 0.00  
 
        
4. Amount reimbursed in respect of Class A Investor Charge-Offs per $1,000 original certificate principal amount:
   $ 0.00  
 
        
5. The amount, if any, by which the outstanding principal balance of the Class A Certificates exceeds the Class A Invested Amount after giving effect to all transactions on such Distribution Date:
   $ 0.00  
 
        
F. Information regarding distributions in respect of the Class B Certificates, per $1,000 original certificate principal amount.
        
 
        
1. The total amount of the distribution:
   $ 4.23  
 
        
2. Amount of the distribution in respect of Class B Monthly Interest:
   $ 4.23  
 
        
3. Amount of the distribution in respect of Class B Outstanding Monthly Interest:
   $ 0.00  

- 145 -

 

         
4. Amount of the distribution in respect of Class B Additional Interest:
   $ 0.00  
 
        
5. Amount of the distribution in respect of Class B Principal:
   $ 0.00  
 
        
G. Amount of reductions in Class B Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Class B Invested Amount on such Distribution Date.
        
 
        
1. The amount of reductions in Class B Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Class B Invested Amount:
   $ 0.00  
 
        
2. The amount of reductions in the Class B Invested Amount set forth in paragraph 1 above, per $1,000 original certificate principal amount:
   $ 0.00  
 
        
3. The total amount reimbursed in respect of such reductions in the Class B Invested Amount:
   $ 0.00  
 
        
4. The amount set forth in paragraph 3 above, per $1,000 original certificate principal amount:
   $ 0.00  
 
        
5. The amount, if any, by which the outstanding principal balance of the Class B Certificates exceeds the Class B Invested Amount after giving effect to all transactions on such Distribution Date:
   $ 0.00  
 
        
H. Information regarding distributions on the Distribution Date to the Collateral Interest Holder.
        
 
        
1. Total amount distributed to the Collateral Interest Holder:
   $ 6,281,332.24  
 
        
2. Amount distributed in respect of Collateral Monthly Interest:
   $ 235,200.00  
 
        
3. Amount distributed in respect of Collateral Additional Interest:
   $ 0.00  

- 146 -

 

         
4. The amount distributed to the Collateral Interest Holder in respect of principal on the Collateral Invested Amount:
   $ 0.00  
 
        
5. Amount distributed to the Collateral Interest Holder in respect of remaining excess spread:
   $ 6,046,132.24  
 
        
I. Amount of reductions in Collateral Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Collateral Invested Amount.
        
 
        
1. The amount of reductions in the Collateral Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Collateral Invested Amount:
   $ 0.00  
 
        
2. The total amount reimbursed in respect of such reductions in the Collateral Invested Amount:
   $ 0.00  
 
        
J. Application of Reallocated Investor Finance Charge Collections.
        
 
        
1. Class A Available Funds:
   $ 9,497,597.79  
 
        
a. Class A Monthly Interest:
   $ 2,080,820.00  
b. Class A Outstanding Monthly Interest:
   $ 0.00  
c. Class A Additional Interest:
   $ 0.00  
d. Class A Investor Default Amount (Treated as Available Principal Collections):
   $ 1,521,216.67  
e. Excess Spread:
   $ 5,895,561.12  
 
        
2. Class B Available Funds:
   $ 853,077.65  
 
        
a. Class B Monthly Interest:
   $ 190,400.00  
b. Class B Outstanding Monthly Interest:
   $ 0.00  
c. Class B Additional Interest:
   $ 0.00  
d. Excess Spread:
   $ 662,677.65  
 
        
3. Collateral Available Funds:
   $ 1,023,693.17  
 
        
a. Excess Spread:
   $ 1,023,693.17  
 
        
4. Total Excess Spread:
   $ 7,581,931.94  
 
        
K. Reallocated Principal Collections.
        
 
        
1. Principal Allocation Percentage:
     62.3256 %

- 147 -

 

         
2. Series 2006-3 Allocable Principal Collections:
   $ 234,467,067.13  
 
        
3. Principal Allocation Percentage of Series 2006-3 Allocable Principal Collections:
   $ 146,132,939.87  
 
        
4. Reallocated Principal Collections Required to fund the Required Amount:
   $ 0.00  
 
        
5. Item 3 minus item 4:
   $ 146,132,939.87  
 
        
6. Shared Principal Collections from other Series allocated to Series 2006-3:
   $ 0.00  
 
        
7. Other amounts Treated as Available Principal Collections:
   $ 1,821,816.37  
 
        
8. Available Principal Collections (total of 5., 6. & 7.):
   $ 147,954,756.24  
 
        
L. Application of Available Principal Collections during Revolving Period.
        
 
        
1. Collateral Invested Amount:
   $ 54,000,000.00  
 
        
2. Required Collateral Invested Amount:
   $ 54,000,000.00  
 
        
3. Excess of Collateral Invested Amount over Required Collateral Invested Amount:
   $ 0.00  
 
        
4. Treated as Shared Principal Collections:
   $ 147,954,756.24  
 
        
M. Application of Principal Collections During Accumulation or Amortization Period.
        
 
        
1. Principal Funding Account:
   $ 0.00  
 
        
2. Excess of Collateral Invested Amount over Required Collateral Invested Amount:
   $ 0.00  
 
        
3. Principal Distribution:
   $ 0.00  
 
        
4. Treated as Shared Principal Collections:
   $ 0.00  
 
        
N. Application of Excess Spread and Excess Finance Charge Collections Allocated to Series 2006-3.
        

- 148 -

 

         
1.    Excess Spread:
   $ 7,581,931.94  
2.    Excess Finance Charge Collections:
   $ 0.00  
3.    Applied to fund Class A Required Amount:
   $ 0.00  
4.   Class A Investor Charge-Offs treated as Available Principal Collections:
   $ 0.00  
5.    Applied to fund Class B overdue Interest:
   $ 0.00  
6.    Applied to fund Class B Required Amount:
   $ 136,636.23  
7.   Reduction of Class B Invested Amount treated as Available Principal Collections:
   $ 0.00  
8.    Applied to Collateral Monthly Interest:
   $ 235,200.00  
9.    Applied to unpaid Monthly Servicing Fee:
   $ 1,000,000.00  
10. Collateral Default Amount treated as Available Principal Collections:
   $ 163,963.47  
11. Reduction of Collateral Invested Amount treated as Available Principal Collections:
   $ 0.00  
12. Deposited to Reserve Account:
   $ 0.00  
13. Remaining Excess Spread distributed to Collateral Interest Holder:
   $ 6,046,132.24  
 
        
O. Yield and Base Rate.
        
 
        
1. Base Rate:
        
a.Current Monthly Period:
     7.6181 %
b.Prior Monthly Period:
     7.4733 %
c.Second Prior Monthly Period:
     7.3770 %
2. Three Month Average Base Rate:
     7.4894 %
 
        
3. Series Adjusted Portfolio Yield:
        
a.Current Monthly Period:
     19.3705 %
b.Prior Monthly Period:
     19.2343 %
c.Second Prior Monthly Period:
     19.4030 %
4. Three Month Average Series Adjusted Portfolio Yield:
     19.3359 %
 
        
5. Is the 3 month average series adjusted portfolio yield more than the 3 month average base rate:
   Yes

- 149 -

 

Series 2006-A Certificates
A. Investor/Transferor Allocations
                         
    Series Allocations     Total Investor     Transferors Interest  
            Interest          
Beginning Invested /Transferor Amount
     1,123,134,504.33       700,000,000.00       423,134,504.33  
Beginning Adjusted Invested Amount
     N/A       700,000,000.00       N/A  
Floating Allocation Percentage
     N/A       62.3256 %     37.6744 %
Principal Allocation Percentage
     N/A       62.3256 %     37.6744 %
Collections of Finance Chg. Receivables
     21,361,010.48       13,313,371.89       8,047,638.59  
Collections of Principal Receivables
     273,544,911.65       170,488,429.85       103,056,481.80  
Defaulted Amount
     3,410,241.38       2,125,452.43       1,284,788.95  
 
                        
Ending Invested / Transferor Amounts
     1,113,024,998.83       700,000,000.00       413,024,998.83  
B. Monthly Period Funding Requirements
                                 
    Class A     Class B     Collateral Interest     Total  
Principal Funding Account
     0.00       0.00       0.00       0.00  
Investment Proceeds for Monthly Period
     0.00       0.00       0.00       0.00  
Reserve Account Opening Balance
     0.00       0.00       0.00       0.00  
Reserve Account Deposit
     0.00       0.00       0.00       0.00  
Reserve Draw Amount
     0.00       0.00       0.00       0.00  
Reserve Account Surplus
     0.00       0.00       0.00       0.00  
Reserve Account Closing Balance
     0.00       0.00       0.00       0.00  
 
                                
LIBOR Determination Date
   February 13, 2007   February 13, 2007   February 13, 2007        
Coupon February 15, 2007 - March 14, 2007
     5.3100 %     5.4300 %     5.5500 %        
 
     2,413,985.00       221,725.00       271,950.00       2,907,660.00  
 
                                
Monthly Interest Due
                                
Outstanding Monthly Interest Due
     0.00       0.00       0.00       0.00  
Additional Interest Due
     0.00       0.00       0.00       0.00  
Total Interest Due
     2,413,985.00       221,725.00       271,950.00       2,907,660.00  
Investor Default Amount
     1,774,752.78       159,408.93       191,290.72       2,125,452.43  
Investor Monthly Fees Due
     974,166.67       87,500.00       105,000.00       1,166,666.67  
Investor Additional Amounts Due
     0.00       0.00       0.00       0.00  
Total Due
     5,162,904.45       468,633.93       568,240.72       6,199,779.10  
 
                                
Reallocated Investor Finance Charge Collections
                             13,253,600.05  
Interest and Principal Funding Investment Proceeds
                             0.00  
Interest on Reserve Account
                             0.00  
Series Adjusted Portfolio Yield
                             19.3418 %
Base Rate
                             7.5874 %
Excess Spread Percentage
                             12.0923 %
C. Certificates — Balances and Distributions
                                 
    Class A     Class B     Collateral Interest     Total  
Beginning Certificates Balance
     584,500,000.00       52,500,000.00       63,000,000.00       700,000,000.00  
Interest Distributions
     2,413,985.00       221,725.00       271,950.00       2,907,660.00  
Principal Deposits — Prin. Funding Account
     0.00       0.00       0.00       0.00  
Principal Distributions
     0.00       0.00       0.00       0.00  
Total Distributions
     2,413,985.00       221,725.00       271,950.00       2,907,660.00  
Ending Certificates Balance
     584,500,000.00       52,500,000.00       63,000,000.00       700,000,000.00  

- 150 -

 

         
D. Information regarding distributions on the Distribution Date in respect of the Class A Certificates per $1,000 original certificate principal amount.
        
 
        
1. Total amount of the distribution:
   $ 4.13  
 
        
2. Amount of the distribution in respect of Class A Monthly Interest:
   $ 4.13  
 
        
3. Amount of the distribution in respect of Class A Outstanding Monthly Interest:
   $ 0.00  
 
        
4. Amount of the distribution in respect of Class A Additional Interest:
   $ 0.00  
 
        
5. Amount of the distribution in respect of Class A Principal:
   $ 0.00  
 
        
E. Class A Investor Charge-Offs and Reimbursement of Class A Investor Charge-Offs on such Distribution Date.
        
 
        
1. Total amount of Class A Investor Charge-Offs:
   $ 0.00  
 
        
2. Amount of Class A Investor Charge- Offs per $1,000 original certificate principal amount:
   $ 0.00  
 
        
3. Total amount reimbursed in respect of Class A Investor Charge-Offs:
   $ 0.00  
 
        
4. Amount reimbursed in respect of Class A Investor Charge-Offs per $1,000 original certificate principal amount:
   $ 0.00  
 
        
5. The amount, if any, by which the outstanding principal balance of the Class A Certificates exceeds the Class A Invested Amount after giving effect to all transactions on such Distribution Date:
   $ 0.00  
 
        
F. Information regarding distributions in respect of the Class B Certificates, per $1,000 original certificate principal amount.
        
 
        
1. The total amount of the distribution:
   $ 4.22  
 
        
2. Amount of the distribution in respect of Class B Monthly Interest:
   $ 4.22  
 
        
3. Amount of the distribution in respect of Class B Outstanding Monthly Interest:
   $ 0.00  

- 151 -

 

         
4. Amount of the distribution in respect of Class B Additional Interest:
   $ 0.00  
 
        
5. Amount of the distribution in respect of Class B Principal:
   $ 0.00  
 
        
G. Amount of reductions in Class B Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Class B Invested Amount on such Distribution Date.
        
 
        
1. The amount of reductions in Class B Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Class B Invested Amount:
   $ 0.00  
 
        
2. The amount of reductions in the Class B Invested Amount set forth in paragraph 1 above, per $1,000 original certificate principal amount:
   $ 0.00  
 
        
3. The total amount reimbursed in respect of such reductions in the Class B Invested Amount:
   $ 0.00  
 
        
4. The amount set forth in paragraph 3 above, per $1,000 original certificate principal amount:
   $ 0.00  
 
        
5. The amount, if any, by which the outstanding principal balance of the Class B Certificates exceeds the Class B Invested Amount after giving effect to all transactions on such Distribution Date:
   $ 0.00  
 
        
H. Information regarding distributions on the Distribution Date to the Collateral Interest Holder.
        
 
        
1. Total amount distributed to the Collateral Interest Holder:
   $ 7,325,770.94  
 
        
2. Amount distributed in respect of Collateral Monthly Interest:
   $ 271,950.00  
 
        
3. Amount distributed in respect of Collateral Additional Interest:
   $ 0.00  

- 152 -

 

         
4. The amount distributed to the Collateral Interest Holder in respect of principal on the Collateral Invested Amount:
   $ 0.00  
 
        
5. Amount distributed to the Collateral Interest Holder in respect of remaining excess spread:
   $ 7,053,820.94  
 
        
I. Amount of reductions in Collateral Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Collateral Invested Amount.
        
 
        
1. The amount of reductions in the Collateral Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Collateral Invested Amount:
   $ 0.00  
 
        
2. The total amount reimbursed in respect of such reductions in the Collateral Invested Amount:
   $ 0.00  
 
        
J. Application of Reallocated Investor Finance Charge Collections.
        
 
        
1. Class A Available Funds:
   $ 11,066,756.04  
 
        
a. Class A Monthly Interest:
   $ 2,413,985.00  
b. Class A Outstanding Monthly Interest:
   $ 0.00  
c. Class A Additional Interest:
   $ 0.00  
d. Class A Investor Default Amount (Treated as Available Principal Collections):
   $ 1,774,752.78  
e. Excess Spread:
   $ 6,878,018.26  
 
        
2. Class B Available Funds:
   $ 994,020.00  
 
        
a. Class B Monthly Interest:
   $ 221,725.00  
b. Class B Outstanding Monthly Interest:
   $ 0.00  
c. Class B Additional Interest:
   $ 0.00  
d. Excess Spread:
   $ 772,295.00  
 
        
3. Collateral Available Funds:
   $ 1,192,824.00  
 
        
a. Excess Spread:
   $ 1,192,824.00  
 
        
4. Total Excess Spread:
   $ 8,843,137.26  
 
        
K. Reallocated Principal Collections.
        
 
        
1. Principal Allocation Percentage:
     62.3256 %
 
        
2. Series 2006-A Allocable Principal Collections:
   $ 273,544,911.65  

- 153 -

 

         
3. Principal Allocation Percentage of Series 2006-A Allocable Principal Collections:
   $ 170,488,429.85  
 
        
4. Reallocated Principal Collections Required to fund the Required Amount:
   $ 0.00  
 
        
5. Item 3 minus item 4:
   $ 170,488,429.85  
 
        
6. Shared Principal Collections from other Series allocated to Series 2006-A:
   $ 0.00  
 
        
7. Other amounts Treated as Available Principal Collections:
   $ 2,125,452.43  
 
        
8. Available Principal Collections (total of 5., 6. & 7.):
   $ 172,613,882.28  
 
        
L. Application of Available Principal Collections during Revolving Period.
        
 
        
1. Collateral Invested Amount:
   $ 63,000,000.00  
 
        
2. Required Collateral Invested Amount:
   $ 63,000,000.00  
 
        
3. Excess of Collateral Invested Amount over Required Collateral Invested Amount:
   $ 0.00  
 
        
4. Treated as Shared Principal Collections:
   $ 172,613,882.28  
 
        
M. Application of Principal Collections During Accumulation or Amortization Period.
        
 
        
1. Principal Funding Account:
   $ 0.00  
 
        
2. Excess of Collateral Invested Amount over Required Collateral Invested Amount:
   $ 0.00  
 
        
3. Principal Distribution:
   $ 0.00  
 
        
4. Treated as Shared Principal Collections:
   $ 0.00  
 
        
N. Application of Excess Spread and Excess Finance Charge Collections Allocated to Series 2006-A.
        

- 154 -

 

         
1. Excess Spread:
   $ 8,843,137.26  
 
        
2. Excess Finance Charge Collections:
   $ 0.00  
 
        
3. Applied to fund Class A Required Amount:
   $ 0.00  
 
        
4. Class A Investor Charge-Offs treated as Available Principal Collections:
   $ 0.00  
 
        
5. Applied to fund Class B overdue Interest:
   $ 0.00  
 
        
6. Applied to fund Class B Required Amount:
   $ 159,408.93  
 
        
7. Reduction of Class B Invested Amount treated as Available Principal Collections:
   $ 0.00  
 
        
8. Applied to Collateral Monthly Interest:
   $ 271,950.00  
 
        
9. Applied to unpaid Monthly Servicing Fee:
   $ 1,166,666.67  
 
        
10. Collateral Default Amount treated as Available Principal Collections:
   $ 191,290.72  
 
        
11. Reduction of Collateral Invested Amount treated as Available Principal Collections:
   $ 0.00  
 
        
12. Deposited to Reserve Account:
   $ 0.00  
 
        
13. Remaining Excess Spread distributed to Collateral Interest Holder:
   $ 7,053,820.94  
 
        
O. Yield and Base Rate.
        
 
        
1. Base Rate:
        
 
        
a. Current Monthly Period:
     7.5874 %
b. Prior Monthly Period:
     7.4426 %
c. Second Prior Monthly Period:
     7.3462 %
 
        
2. Three Month Average Base Rate:
     7.4587 %
 
        
3. Series Adjusted Portfolio Yield:
        
 
        
a. Current Monthly Period:
     19.3418 %
b. Prior Monthly Period:
     19.2046 %
c. Second Prior Monthly Period:
     19.3703 %
 
        
4. Three Month Average Series Adjusted Portfolio Yield:
     19.3056 %
 
        
5. Is the 3 month average series adjusted portfolio yield more than the 3 month average base rate:
   Yes

- 155 -

 

Series 2006-B Certificates
A. Investor/Transferor Allocations
                         
    Series Allocations     Total Investor     Transferors Interest  
            Interest          
Beginning Invested /Transferor Amount
     1,123,134,504.33       700,000,000.00       423,134,504.33  
Beginning Adjusted Invested Amount
     N/A       700,000,000.00       N/A  
Floating Allocation Percentage
     N/A       62.3256 %     37.6744 %
Principal Allocation Percentage
     N/A       62.3256 %     37.6744 %
Collections of Finance Chg. Receivables
     21,361,010.48       13,313,371.89       8,047,638.59  
Collections of Principal Receivables
     273,544,911.65       170,488,429.85       103,056,481.80  
Defaulted Amount
     3,410,241.38       2,125,452.43       1,284,788.95  
 
                        
Ending Invested / Transferor Amounts
     1,113,024,998.83       700,000,000.00       413,024,998.83  
B. Monthly Period Funding Requirements
                                 
    Class A     Class B     Collateral Interest     Total  
Principal Funding Account
     0.00       0.00       0.00       0.00  
Investment Proceeds for Monthly Period
     0.00       0.00       0.00       0.00  
Reserve Account Opening Balance
     0.00       0.00       0.00       0.00  
Reserve Account Deposit
     0.00       0.00       0.00       0.00  
Reserve Draw Amount
     0.00       0.00       0.00       0.00  
Reserve Account Surplus
     0.00       0.00       0.00       0.00  
Reserve Account Closing Balance
     0.00       0.00       0.00       0.00  
 
                                
LIBOR Determination Date
   February 13, 2007   February 13, 2007   February 13, 2007        
Coupon February 15, 2007 - March 14, 2007
     5.3600 %     5.4700 %     5.6100 %        
 
     2,436,715.56       223,358.33       274,890.00       2,934,963.89  
 
                                
Monthly Interest Due
                                
Outstanding Monthly Interest Due
     0.00       0.00       0.00       0.00  
Additional Interest Due
     0.00       0.00       0.00       0.00  
Total Interest Due
     2,436,715.56       223,358.33       274,890.00       2,934,963.89  
Investor Default Amount
     1,774,752.78       159,408.93       191,290.72       2,125,452.43  
Investor Monthly Fees Due
     974,166.67       87,500.00       105,000.00       1,166,666.67  
Investor Additional Amounts Due
     0.00       0.00       0.00       0.00  
Total Due
     5,185,635.01       470,267.26       571,180.72       6,227,082.99  
 
                                
Reallocated Investor Finance Charge Collections
                             13,280,903.94  
Interest and Principal Funding Investment Proceeds
                             0.00  
Interest on Reserve Account
                             0.00  
Series Adjusted Portfolio Yield
                             19.3892 %
Base Rate
                             7.6382 %
Excess Spread Percentage
                             12.0923 %
C. Certificates — Balances and Distributions
                                 
    Class A     Class B     Collateral Interest     Total  
Beginning Certificates Balance
     584,500,000.00       52,500,000.00       63,000,000.00       700,000,000.00  
Interest Distributions
     2,436,715.56       223,358.33       274,890.00       2,934,963.89  
Principal Deposits — Prin. Funding Account
     0.00       0.00       0.00       0.00  
Principal Distributions
     0.00       0.00       0.00       0.00  
Total Distributions
     2,436,715.56       223,358.33       274,890.00       2,934,963.89  
Ending Certificates Balance
     584,500,000.00       52,500,000.00       63,000,000.00       700,000,000.00  

- 156 -

 

         
D. Information regarding distributions on the Distribution Date in respect of the Class A Certificates per $1,000 original certificate principal amount.
        
 
        
1. Total amount of the distribution:
   $ 4.17  
 
        
2. Amount of the distribution in respect of Class A Monthly Interest:
   $ 4.17  
 
        
3. Amount of the distribution in respect of Class A Outstanding Monthly Interest:
   $ 0.00  
 
        
4. Amount of the distribution in respect of Class A Additional Interest:
   $ 0.00  
 
        
5. Amount of the distribution in respect of Class A Principal:
   $ 0.00  
 
        
E. Class A Investor Charge-Offs and Reimbursement of Class A Investor Charge-Offs on such Distribution Date.
        
 
        
1. Total amount of Class A Investor Charge-Offs:
   $ 0.00  
 
        
2. Amount of Class A Investor Charge- Offs per $1,000 original certificate principal amount:
   $ 0.00  
 
        
3. Total amount reimbursed in respect of Class A Investor Charge-Offs:
   $ 0.00  
 
        
4. Amount reimbursed in respect of Class A Investor Charge-Offs per $1,000 original certificate principal amount:
   $ 0.00  
 
        
5. The amount, if any, by which the outstanding principal balance of the Class A Certificates exceeds the Class A Invested Amount after giving effect to all transactions on such Distribution Date:
   $ 0.00  
 
        
F. Information regarding distributions in respect of the Class B Certificates, per $1,000 original certificate principal amount.
        
 
        
1. The total amount of the distribution:
   $ 4.25  
 
        
2. Amount of the distribution in respect of Class B Monthly Interest:
   $ 4.25  
 
        
3. Amount of the distribution in respect of Class B Outstanding Monthly Interest:
   $ 0.00  

- 157 -

 

         
4. Amount of the distribution in respect of Class B Additional Interest:
   $ 0.00  
 
        
5. Amount of the distribution in respect of Class B Principal:
   $ 0.00  
 
        
G. Amount of reductions in Class B Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Class B Invested Amount on such Distribution Date.
        
 
        
1. The amount of reductions in Class B Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Class B Invested Amount:
   $ 0.00  
 
        
2. The amount of reductions in the Class B Invested Amount set forth in paragraph 1 above, per $1,000 original certificate principal amount:
   $ 0.00  
 
        
3. The total amount reimbursed in respect of such reductions in the Class B Invested Amount:
   $ 0.00  
 
        
4. The amount set forth in paragraph 3 above, per $1,000 original certificate principal amount:
   $ 0.00  
 
        
5. The amount, if any, by which the outstanding principal balance of the Class B Certificates exceeds the Class B Invested Amount after giving effect to all transactions on such Distribution Date:
   $ 0.00  
 
        
H. Information regarding distributions on the Distribution Date to the Collateral Interest Holder.
        
 
        
1. Total amount distributed to the Collateral Interest Holder:
   $ 7,328,710.95  
 
        
2. Amount distributed in respect of Collateral Monthly Interest:
   $ 274,890.00  
 
        
3. Amount distributed in respect of Collateral Additional Interest:
   $ 0.00  

- 158 -

 

         
4. The amount distributed to the Collateral Interest Holder in respect of principal on the Collateral Invested Amount:
   $ 0.00  
 
        
5. Amount distributed to the Collateral Interest Holder in respect of remaining excess spread:
   $ 7,053,820.95  
 
        
I. Amount of reductions in Collateral Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Collateral Invested Amount.
        
 
        
1. The amount of reductions in the Collateral Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Collateral Invested Amount:
   $ 0.00  
 
        
2. The total amount reimbursed in respect of such reductions in the Collateral Invested Amount:
   $ 0.00  
 
        
J. Application of Reallocated Investor Finance Charge Collections.
        
 
        
1. Class A Available Funds:
   $ 11,089,554.79  
 
        
a. Class A Monthly Interest:
   $ 2,436,715.56  
b. Class A Outstanding Monthly Interest:
   $ 0.00  
c. Class A Additional Interest:
   $ 0.00  
d. Class A Investor Default Amount (Treated as Available Principal Collections):
   $ 1,774,752.78  
e. Excess Spread:
   $ 6,878,086.45  
 
        
2. Class B Available Funds:
   $ 996,067.80  
 
        
a. Class B Monthly Interest:
   $ 223,358.33  
b. Class B Outstanding Monthly Interest:
   $ 0.00  
c. Class B Additional Interest:
   $ 0.00  
d. Excess Spread:
   $ 772,709.47  
 
        
3. Collateral Available Funds:
   $ 1,195,281.35  
 
        
a. Excess Spread:
   $ 1,195,281.35  
 
        
4. Total Excess Spread:
   $ 8,846,077.27  
 
        
K. Reallocated Principal Collections.
        
 
        
1. Principal Allocation Percentage:
     62.3256 %

- 159 -

 

         
2. Series 2006-B Allocable Principal Collections:
   $ 273,544,911.65  
 
        
3. Principal Allocation Percentage of Series 2006-B Allocable Principal Collections:
   $ 170,488,429.85  
 
        
4. Reallocated Principal Collections Required to fund the Required Amount:
   $ 0.00  
 
        
5. Item 3 minus item 4:
   $ 170,488,429.85  
 
        
6. Shared Principal Collections from other Series allocated to Series 2006-B:
   $ 0.00  
 
        
7. Other amounts Treated as Available Principal Collections:
   $ 2,125,452.43  
 
        
8. Available Principal Collections (total of 5., 6. & 7.):
   $ 172,613,882.28  
 
        
L. Application of Available Principal Collections during Revolving Period.
        
 
        
1. Collateral Invested Amount:
   $ 63,000,000.00  
 
        
2. Required Collateral Invested Amount:
   $ 63,000,000.00  
 
        
3. Excess of Collateral Invested Amount over Required Collateral Invested Amount:
   $ 0.00  
 
        
4. Treated as Shared Principal Collections:
   $ 172,613,882.28  
 
        
M. Application of Principal Collections During Accumulation or Amortization Period.
        
 
        
1. Principal Funding Account:
   $ 0.00  
 
        
2. Excess of Collateral Invested Amount over Required Collateral Invested Amount:
   $ 0.00  
 
        
3. Principal Distribution:
   $ 0.00  
 
        
4. Treated as Shared Principal Collections:
   $ 0.00  
 
        
N. Application of Excess Spread and Excess Finance Charge Collections Allocated to Series 2006-B.
        

- 160 -

 

         
1. Excess Spread:
   $ 8,846,077.27  
 
        
2. Excess Finance Charge Collections:
   $ 0.00  
 
        
3. Applied to fund Class A Required Amount:
   $ 0.00  
 
        
4. Class A Investor Charge-Offs treated as Available Principal Collections:
   $ 0.00  
 
        
5. Applied to fund Class B overdue Interest:
   $ 0.00  
 
        
6. Applied to fund Class B Required Amount:
   $ 159,408.93  
 
        
7. Reduction of Class B Invested Amount treated as Available Principal Collections:
   $ 0.00  
 
        
8. Applied to Collateral Monthly Interest:
   $ 274,890.00  
 
        
9. Applied to unpaid Monthly Servicing Fee:
   $ 1,166,666.67  
 
        
10. Collateral Default Amount treated as Available Principal Collections:
   $ 191,290.72  
 
        
11. Reduction of Collateral Invested Amount treated as Available Principal Collections:
   $ 0.00  
 
        
12. Deposited to Reserve Account:
   $ 0.00  
 
        
13. Remaining Excess Spread distributed to Collateral Interest Holder:
   $ 7,053,820.95  
 
        
O. Yield and Base Rate.
        
 
        
1. Base Rate:
        
 
        
a. Current Monthly Period:
     7.6382 %
b. Prior Monthly Period:
     7.4934 %
c. Second Prior Monthly Period:
     7.3971 %
 
        
2. Three Month Average Base Rate:
     7.5096 %
 
        
3. Series Adjusted Portfolio Yield:
        
 
        
a. Current Monthly Period:
     19.3892 %
b. Prior Monthly Period:
     19.2538 %
c. Second Prior Monthly Period:
     19.4245 %
 
        
4. Three Month Average Series Adjusted Portfolio Yield:
     19.3559 %
 
        
5. Is the 3 month average series adjusted portfolio yield more than the 3 month average base rate:
   Yes

- 161 -

 

Series 2007-1 Certificates
A. Investor/Transferor Allocations
                         
            Total Investor        
    Series Allocations     Interest     Transferors Interest  
Beginning Invested /Transferor Amount
     802,238,931.66       500,000,000.00       302,238,931.66  
Beginning Adjusted Invested Amount
     N/A       500,000,000.00       N/A  
Floating Allocation Percentage
     N/A       62.3256 %     37.6744 %
Principal Allocation Percentage
     N/A       62.3256 %     37.6744 %
Collections of Finance Chg. Receivables
     15,257,864.63       9,509,551.35       5,748,313.28  
Collections of Principal Receivables
     195,389,222.61       121,777,449.90       73,611,772.71  
Defaulted Amount
     2,435,886.70       1,518,180.31       917,706.39  
 
                        
Ending Invested / Transferor Amounts
     795,017,856.30       500,000,000.00       295,017,856.30  
B. Monthly Period Funding Requirements
                                 
    Class A     Class B     Collateral Interest     Total  
Principal Funding Account
     0.00       0.00       0.00       0.00  
Investment Proceeds for Monthly Period
     0.00       0.00       0.00       0.00  
Reserve Account Opening Balance
     0.00       0.00       0.00       0.00  
Reserve Account Deposit
     0.00       0.00       0.00       0.00  
Reserve Draw Amount
     0.00       0.00       0.00       0.00  
Reserve Account Surplus
     0.00       0.00       0.00       0.00  
Reserve Account Closing Balance
     0.00       0.00       0.00       0.00  
 
                                
LIBOR Determination Date
   February 12, 2007   February 12, 2007   February 12, 2007        
Coupon February 14, 2007 - March 14, 2007
     5.3400 %     5.4300 %     5.5900 %        
 
     1,892,733.33       120,289.58       146,349.31       2,159,372.22  
 
                                
Monthly Interest Due
                                
Outstanding Monthly Interest Due
     0.00       0.00       0.00       0.00  
Additional Interest Due
     0.00       0.00       0.00       0.00  
Total Interest Due
     1,892,733.33       120,289.58       146,349.31       2,159,372.22  
Investor Default Amount
     1,335,998.67       83,499.92       98,681.72       1,518,180.31  
Investor Monthly Fees Due
     733,333.33       45,833.33       54,166.67       833,333.33  
Investor Additional Amounts Due
     0.00       0.00       0.00       0.00  
Total Due
     3,962,065.33       249,622.83       299,197.70       4,510,885.86  
 
                                
Reallocated Investor Finance Charge Collections
                             9,549,329.40  
Interest and Principal Funding Investment Proceeds
                             0.00  
Interest on Reserve Account
                             0.00  
Series Adjusted Portfolio Yield
                             19.5425 %
Base Rate
                             7.6083 %
Excess Spread Percentage
                             12.0923 %
C. Certificates — Balances and Distributions
                                 
    Class A     Class B     Collateral Interest     Total  
Beginning Certificates Balance
     440,000,000.00       27,500,000.00       32,500,000.00       500,000,000.00  
Interest Distributions
     1,892,733.33       120,289.58       146,349.31       2,159,372.22  
Principal Deposits — Prin. Funding Account
     0.00       0.00       0.00       0.00  
Principal Distributions
     0.00       0.00       0.00       0.00  
Total Distributions
     1,892,733.33       120,289.58       146,349.31       2,159,372.22  
Ending Certificates Balance
     440,000,000.00       27,500,000.00       32,500,000.00       500,000,000.00  

- 162 -

 

         
D. Information regarding distributions on the Distribution Date in respect of the Class A Certificates per $1,000 original certificate principal amount.
        
 
        
1. Total amount of the distribution:
   $ 4.30  
 
        
2. Amount of the distribution in respect of Class A Monthly Interest:
   $ 4.30  
 
        
3. Amount of the distribution in respect of Class A Outstanding Monthly Interest:
   $ 0.00  
 
        
4. Amount of the distribution in respect of Class A Additional Interest:
   $ 0.00  
 
        
5. Amount of the distribution in respect of Class A Principal:
   $ 0.00  
 
        
E. Class A Investor Charge-Offs and Reimbursement of Class A Investor Charge-Offs on such Distribution Date.
        
 
        
1. Total amount of Class A Investor Charge-Offs:
   $ 0.00  
 
        
2. Amount of Class A Investor Charge- Offs per $1,000 original certificate principal amount:
   $ 0.00  
 
        
3. Total amount reimbursed in respect of Class A Investor Charge-Offs:
   $ 0.00  
 
        
4. Amount reimbursed in respect of Class A Investor Charge-Offs per $1,000 original certificate principal amount:
   $ 0.00  
 
        
5. The amount, if any, by which the outstanding principal balance of the Class A Certificates exceeds the Class A Invested Amount after giving effect to all transactions on such Distribution Date:
   $ 0.00  
 
        
F. Information regarding distributions in respect of the Class B Certificates, per $1,000 original certificate principal amount.
        
 
        
1. The total amount of the distribution:
   $ 4.37  
 
        
2. Amount of the distribution in respect of Class B Monthly Interest:
   $ 4.37  
 
        
3. Amount of the distribution in respect of Class B Outstanding Monthly Interest:
   $ 0.00  

- 163 -

 

         
 
        
4. Amount of the distribution in respect of Class B Additional Interest:
   $ 0.00  
 
        
5. Amount of the distribution in respect of Class B Principal:
   $ 0.00  
 
        
G. Amount of reductions in Class B Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Class B Invested Amount on such Distribution Date.
        
 
        
1. The amount of reductions in Class B Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Class B Invested Amount:
   $ 0.00  
 
        
2. The amount of reductions in the Class B Invested Amount set forth in paragraph 1 above, per $1,000 original certificate principal amount:
   $ 0.00  
 
        
3. The total amount reimbursed in respect of such reductions in the Class B Invested Amount:
   $ 0.00  
 
        
4. The amount set forth in paragraph 3 above, per $1,000 original certificate principal amount:
   $ 0.00  
 
        
5. The amount, if any, by which the outstanding principal balance of the Class B Certificates exceeds the Class B Invested Amount after giving effect to all transactions on such Distribution Date:
   $ 0.00  
 
        
H. Information regarding distributions on the Distribution Date to the Collateral Interest Holder.
        
 
        
1. Total amount distributed to the Collateral Interest Holder:
   $ 5,184,792.85  
 
        
2. Amount distributed in respect of Collateral Monthly Interest:
   $ 146,349.31  
 
        
3. Amount distributed in respect of Collateral Additional Interest:
   $ 0.00  

- 164 -

 

         
4. The amount distributed to the Collateral Interest Holder in respect of principal on the Collateral Invested Amount:
   $ 0.00  
 
        
5. Amount distributed to the Collateral Interest Holder in respect of remaining excess spread:
   $ 5,038,443.54  
 
        
I. Amount of reductions in Collateral Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Collateral Invested Amount.
        
 
        
1. The amount of reductions in the Collateral Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Collateral Invested Amount:
   $ 0.00  
 
        
2. The total amount reimbursed in respect of such reductions in the Collateral Invested Amount:
   $ 0.00  
 
        
J. Application of Reallocated Investor Finance Charge Collections.
        
 
        
1. Class A Available Funds:
   $ 8,403,409.87  
 
        
a. Class A Monthly Interest:
   $ 1,892,733.33  
b. Class A Outstanding Monthly Interest:
   $ 0.00  
c. Class A Additional Interest:
   $ 0.00  
d. Class A Investor Default Amount (Treated as Available Principal Collections):
   $ 1,335,998.67  
e. Excess Spread:
   $ 5,174,677.87  
 
        
2. Class B Available Funds:
   $ 525,213.12  
 
        
a. Class B Monthly Interest:
   $ 120,289.58  
b. Class B Outstanding Monthly Interest:
   $ 0.00  
c. Class B Additional Interest:
   $ 0.00  
d. Excess Spread:
   $ 404,923.54  
 
        
3. Collateral Available Funds:
   $ 620,706.41  
 
        
a. Excess Spread:
   $ 620,706.41  
 
        
4. Total Excess Spread:
   $ 6,200,307.82  
 
        
K. Reallocated Principal Collections.
        
 
        
1. Principal Allocation Percentage:
     62.3256 %

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2. Series 2007-1 Allocable Principal Collections:
   $ 195,389,222.61  
 
        
3. Principal Allocation Percentage of Series 2007-1 Allocable Principal Collections:
   $ 121,777,449.90  
 
        
4. Reallocated Principal Collections Required to fund the Required Amount:
   $ 0.00  
 
        
5. Item 3 minus item 4:
   $ 121,777,449.90  
 
        
6. Shared Principal Collections from other Series allocated to Series 2007-1:
   $ 0.00  
 
        
7. Other amounts Treated as Available Principal Collections:
   $ 1,518,180.31  
 
        
8. Available Principal Collections (total of 5., 6. & 7.):
   $ 123,295,630.21  
 
        
L. Application of Available Principal Collections during Revolving Period.
        
 
        
1. Collateral Invested Amount:
   $ 32,500,000.00  
 
        
2. Required Collateral Invested Amount:
   $ 32,500,000.00  
 
        
3. Excess of Collateral Invested Amount over Required Collateral Invested Amount:
   $ 0.00  
 
        
4. Treated as Shared Principal Collections:
   $ 123,295,630.21  
 
        
M. Application of Principal Collections During Accumulation or Amortization Period.
        
 
        
1. Principal Funding Account:
   $ 0.00  
 
        
2. Excess of Collateral Invested Amount over Required Collateral Invested Amount:
   $ 0.00  
 
        
3. Principal Distribution:
   $ 0.00  
 
        
4. Treated as Shared Principal Collections:
   $ 0.00  
 
        
N. Application of Excess Spread and Excess Finance Charge Collections Allocated to Series 2007-1.
        

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1. Excess Spread:
   $ 6,200,307.82  
 
        
2. Excess Finance Charge Collections:
   $ 0.00  
 
        
3. Applied to fund Class A Required Amount:
   $ 0.00  
 
        
4. Class A Investor Charge-Offs treated as Available Principal Collections:
   $ 0.00  
 
        
5. Applied to fund Class B overdue Interest:
   $ 0.00  
 
        
6. Applied to fund Class B Required Amount:
   $ 83,499.92  
 
        
7. Reduction of Class B Invested Amount treated as Available Principal Collections:
   $ 0.00  
 
        
8. Applied to Collateral Monthly Interest:
   $ 146,349.31  
 
        
9. Applied to unpaid Monthly Servicing Fee:
   $ 833,333.33  
 
        
10. Collateral Default Amount treated as Available Principal Collections:
   $ 98,681.72  
 
        
11. Reduction of Collateral Invested Amount treated as Available Principal Collections:
   $ 0.00  
 
        
12. Deposited to Reserve Account:
   $ 0.00  
 
        
13. Remaining Excess Spread distributed to Collateral Interest Holder:
   $ 5,038,443.54  
 
        
O. Yield and Base Rate.
        
 
        
1. Base Rate:
        
 
        
a. Current Monthly Period:
     7.6083 %
b. Prior Monthly Period:
     N/A  
c. Second Prior Monthly Period:
     N/A  
 
        
2. Three Month Average Base Rate:
     N/A  
 
        
3. Series Adjusted Portfolio Yield:
        
 
        
a. Current Monthly Period:
     19.5425 %
b. Prior Monthly Period:
     N/A  
c. Second Prior Monthly Period:
     N/A  
 
        
4. Three Month Average Series Adjusted Portfolio Yield:
     N/A  
 
        
5. Is the 3 month average series adjusted portfolio yield more than the 3 month average base rate:
     N/A  

- 167 -

 

Series 2007-2 Certificates
A. Investor/Transferor Allocations
                         
    Series Allocations     Total Investor     Transferors Interest  
            Interest          
Beginning Invested /Transferor Amount
     802,238,931.66       500,000,000.00       302,238,931.66  
Beginning Adjusted Invested Amount
     N/A       500,000,000.00       N/A  
Floating Allocation Percentage
     N/A       62.3256 %     37.6744 %
Principal Allocation Percentage
     N/A       62.3256 %     37.6744 %
Collections of Finance Chg. Receivables
     15,257,864.63       9,509,551.35       5,748,313.28  
Collections of Principal Receivables
     195,389,222.61       121,777,449.90       73,611,772.71  
Defaulted Amount
     2,435,886.70       1,518,180.31       917,706.39  
 
                        
Ending Invested / Transferor Amounts
     795,017,856.30       500,000,000.00       295,017,856.30  
B. Monthly Period Funding Requirements
                                 
    Class A     Class B     Collateral Interest     Total  
Principal Funding Account
     0.00       0.00       0.00       0.00  
Investment Proceeds for Monthly Period
     0.00       0.00       0.00       0.00  
Reserve Account Opening Balance
     0.00       0.00       0.00       0.00  
Reserve Account Deposit
     0.00       0.00       0.00       0.00  
Reserve Draw Amount
     0.00       0.00       0.00       0.00  
Reserve Account Surplus
     0.00       0.00       0.00       0.00  
Reserve Account Closing Balance
     0.00       0.00       0.00       0.00  
 
                                
LIBOR Determination Date
   February 12, 2007   February 12, 2007   February 12, 2007        
Coupon February 14, 2007 - March 14, 2007
     5.3700 %     5.5000 %     5.6700 %        
 
     1,903,366.67       121,840.28       148,443.75       2,173,650.70  
 
                                
Monthly Interest Due
                                
Outstanding Monthly Interest Due
     0.00       0.00       0.00       0.00  
Additional Interest Due
     0.00       0.00       0.00       0.00  
Total Interest Due
     1,903,366.67       121,840.28       148,443.75       2,173,650.70  
Investor Default Amount
     1,335,998.67       83,499.92       98,681.72       1,518,180.31  
Investor Monthly Fees Due
     733,333.33       45,833.33       54,166.67       833,333.33  
Investor Additional Amounts Due
     0.00       0.00       0.00       0.00  
Total Due
     3,972,698.67       251,173.53       301,292.14       4,525,164.34  
 
                                
Reallocated Investor Finance Charge Collections
                             9,563,607.88  
Interest and Principal Funding Investment Proceeds
                             0.00  
Interest on Reserve Account
                             0.00  
Series Adjusted Portfolio Yield
                             19.5772 %
Base Rate
                             7.6442 %
Excess Spread Percentage
                             12.0923 %
C. Certificates — Balances and Distributions
                                 
    Class A     Class B     Collateral Interest     Total  
Beginning Certificates Balance
     440,000,000.00       27,500,000.00       32,500,000.00       500,000,000.00  
Interest Distributions
     1,903,366.67       121,840.28       148,443.75       2,173,650.70  
Principal Deposits — Prin. Funding Account
     0.00       0.00       0.00       0.00  
Principal Distributions
     0.00       0.00       0.00       0.00  
Total Distributions
     1,903,366.67       121,840.28       148,443.75       2,173,650.70  
Ending Certificates Balance
     440,000,000.00       27,500,000.00       32,500,000.00       500,000,000.00  

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D. Information regarding distributions on the Distribution Date in respect of the Class A Certificates per $1,000 original certificate principal amount.
        
 
        
1. Total amount of the distribution:
   $ 4.33  
 
        
2. Amount of the distribution in respect of Class A Monthly Interest:
   $ 4.33  
 
        
3. Amount of the distribution in respect of Class A Outstanding Monthly Interest:
   $ 0.00  
 
        
4. Amount of the distribution in respect of Class A Additional Interest:
   $ 0.00  
 
        
5. Amount of the distribution in respect of Class A Principal:
   $ 0.00  
 
        
E. Class A Investor Charge-Offs and Reimbursement of Class A Investor Charge-Offs on such Distribution Date.
        
 
        
1. Total amount of Class A Investor Charge-Offs:
   $ 0.00  
 
        
2. Amount of Class A Investor Charge- Offs per $1,000 original certificate principal amount:
   $ 0.00  
 
        
3. Total amount reimbursed in respect of Class A Investor Charge-Offs:
   $ 0.00  
 
        
4. Amount reimbursed in respect of Class A Investor Charge-Offs per $1,000 original certificate principal amount:
   $ 0.00  
 
        
5. The amount, if any, by which the outstanding principal balance of the Class A Certificates exceeds the Class A Invested Amount after giving effect to all transactions on such Distribution Date:
   $ 0.00  
 
        
F. Information regarding distributions in respect of the Class B Certificates, per $1,000 original certificate principal amount.
        
 
        
1. The total amount of the distribution:
   $ 4.43  
 
        
2. Amount of the distribution in respect of Class B Monthly Interest:
   $ 4.43  
 
        
3. Amount of the distribution in respect of Class B Outstanding Monthly Interest:
   $ 0.00  

- 169 -

 

         
4. Amount of the distribution in respect of Class B Additional Interest:
   $ 0.00  
 
        
5. Amount of the distribution in respect of Class B Principal:
   $ 0.00  
 
        
G. Amount of reductions in Class B Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Class B Invested Amount on such Distribution Date.
        
 
        
1. The amount of reductions in Class B Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Class B Invested Amount:
   $ 0.00  
 
        
2. The amount of reductions in the Class B Invested Amount set forth in paragraph 1 above, per $1,000 original certificate principal amount:
   $ 0.00  
 
        
3. The total amount reimbursed in respect of such reductions in the Class B Invested Amount:
   $ 0.00  
 
        
4. The amount set forth in paragraph 3 above, per $1,000 original certificate principal amount:
   $ 0.00  
 
        
5. The amount, if any, by which the outstanding principal balance of the Class B Certificates exceeds the Class B Invested Amount after giving effect to all transactions on such Distribution Date:
   $ 0.00  
 
        
H. Information regarding distributions on the Distribution Date to the Collateral Interest Holder.
        
 
        
1. Total amount distributed to the Collateral Interest Holder:
   $ 5,186,887.28  
 
        
2. Amount distributed in respect of Collateral Monthly Interest:
   $ 148,443.75  
 
        
3. Amount distributed in respect of Collateral Additional Interest:
   $ 0.00  

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4. The amount distributed to the Collateral Interest Holder in respect of principal on the Collateral Invested Amount:
   $ 0.00  
 
        
5. Amount distributed to the Collateral Interest Holder in respect of remaining excess spread:
   $ 5,038,443.53  
 
        
I. Amount of reductions in Collateral Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Collateral Invested Amount.
        
 
        
1. The amount of reductions in the Collateral Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Collateral Invested Amount:
   $ 0.00  
 
        
2. The total amount reimbursed in respect of such reductions in the Collateral Invested Amount:
   $ 0.00  
 
        
J. Application of Reallocated Investor Finance Charge Collections.
        
 
        
1. Class A Available Funds:
   $ 8,415,974.93  
 
        
a. Class A Monthly Interest:
   $ 1,903,366.67  
b. Class A Outstanding Monthly Interest:
   $ 0.00  
c. Class A Additional Interest:
   $ 0.00  
d. Class A Investor Default Amount (Treated as Available Principal Collections):
   $ 1,335,998.67  
e. Excess Spread:
   $ 5,176,609.59  
 
        
2. Class B Available Funds:
   $ 525,998.43  
 
        
a. Class B Monthly Interest:
   $ 121,840.28  
b. Class B Outstanding Monthly Interest:
   $ 0.00  
c. Class B Additional Interest:
   $ 0.00  
d. Excess Spread:
   $ 404,158.15  
 
        
3. Collateral Available Funds:
   $ 621,634.51  
 
        
a. Excess Spread:
   $ 621,634.51  
 
        
4. Total Excess Spread:
   $ 6,202,402.25  
 
        
K. Reallocated Principal Collections.
        
 
        
1. Principal Allocation Percentage:
     62.3256 %

- 171 -

 

         
2. Series 2007-2 Allocable Principal Collections:
   $ 195,389,222.61  
 
        
3. Principal Allocation Percentage of Series 2007-2 Allocable Principal Collections:
   $ 121,777,449.90  
 
        
4. Reallocated Principal Collections Required to fund the Required Amount:
   $ 0.00  
 
        
5. Item 3 minus item 4:
   $ 121,777,449.90  
 
        
6. Shared Principal Collections from other Series allocated to Series 2007-2:
   $ 0.00  
 
        
7. Other amounts Treated as Available Principal Collections:
   $ 1,518,180.31  
 
        
8. Available Principal Collections (total of 5., 6. & 7.):
   $ 123,295,630.21  
 
        
L. Application of Available Principal Collections during Revolving Period.
        
 
        
1. Collateral Invested Amount:
   $ 32,500,000.00  
 
        
2. Required Collateral Invested Amount:
   $ 32,500,000.00  
 
        
3. Excess of Collateral Invested Amount over Required Collateral Invested Amount:
   $ 0.00  
 
        
4. Treated as Shared Principal Collections:
   $ 123,295,630.21  
 
        
M. Application of Principal Collections During Accumulation or Amortization Period.
        
 
        
1. Principal Funding Account:
   $ 0.00  
 
        
2. Excess of Collateral Invested Amount
   $ 0.00  
over Required Collateral Invested Amount:
        
 
        
3. Principal Distribution:
   $ 0.00  
 
        
4. Treated as Shared Principal Collections:
   $ 0.00  

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N. Application of Excess Spread and Excess Finance Charge Collections Allocated to Series 2007-2.
        
 
        
1. Excess Spread:
   $ 6,202,402.25  
 
        
2. Excess Finance Charge Collections:
   $ 0.00  
 
        
3. Applied to fund Class A Required Amount:
   $ 0.00  
 
        
4. Class A Investor Charge-Offs treated as Available Principal Collections:
   $ 0.00  
 
        
5. Applied to fund Class B overdue Interest:
   $ 0.00  
 
        
6. Applied to fund Class B Required Amount:
   $ 83,499.92  
 
        
7. Reduction of Class B Invested Amount treated as Available Principal Collections:
   $ 0.00  
 
        
8. Applied to Collateral Monthly Interest:
   $ 148,443.75  
 
        
9. Applied to unpaid Monthly Servicing Fee:
   $ 833,333.33  
 
        
10. Collateral Default Amount treated as Available Principal Collections:
   $ 98,681.72  
 
        
11. Reduction of Collateral Invested Amount treated as Available Principal Collections:
   $ 0.00  
 
        
12. Deposited to Reserve Account:
   $ 0.00  
 
        
13. Remaining Excess Spread distributed to Collateral Interest Holder:
   $ 5,038,443.53  
 
        
O. Yield and Base Rate.
        
 
        
1. Base Rate:
        
 
        
a. Current Monthly Period:
     7.6442 %
b. Prior Monthly Period:
     N/A  
c. Second Prior Monthly Period:
     N/A  
 
        
2. Three Month Average Base Rate:
     N/A  
 
        
3. Series Adjusted Portfolio Yield:
        
 
        
a. Current Monthly Period:
     19.5772 %
b. Prior Monthly Period:
     N/A  
c. Second Prior Monthly Period:
     N/A  
 
        
4. Three Month Average Series Adjusted Portfolio Yield:
     N/A  
 
        
5. Is the 3 month average series adjusted portfolio yield more than the 3 month average base rate:
     N/A  

- 173 -

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