EX-99.2 3 dex992.htm MONTHLY REPORTS WITH RESPECT TO THE SEPTEMBER 15,2006 DISTRIBUTION Monthly Reports with respect to the September 15,2006 distribution

Exhibit 99.2

Chase Bank USA, N.A.

Monthly Certificateholder’s Statement

Chase Credit Card Master Trust

Series 2001-6

 

Section 5.2 - Supplement

    Distribution Date:    09/15/2006
   Period Type:    Revolving

 

(i)   Monthly Principal Distributed    0.00    0.00
(ii)   Monthly Interest Distributed      
  Class A Note Interest Requirement    4,739,280.00   
  Class B Note Interest Requirement    420,256.67   
  Net Class C Note Interest Requirement    546,067.22    5,705,603.89
(iii)   Collections of Principal Receivables       223,346,453.59
(iv)   Collections of Finance Charge Receivables       18,225,715.95
(v)   Aggregate Amount of Principal Receivables       22,836,928,188.61
 

Investor Interest

       1,200,000,000.00
 

Adjusted Interest

       1,200,000,000.00
  Floating Investor Percentage       5.25%
  Fixed Investor Percentage       5.25%
(vi)   Receivables Delinquent (As % of Total Receivables)       96.65%
 

Current

       1.02%
 

30 to 59 days

       0.71%
 

60 to 89 days

       1.63%
 

90 or more days

       100.00%
 

Total Receivables

      
(vii)   Investor Default Amount       5,150,588.45
(viii)   Investor Charge-Offs       0.00
(ix)   Reimbursed Investor Charge-Offs       0.00
(x)   Net Servicing Fee       500,000.00
(xi)   Portfolio Yield (Net of Defaulted Receivables)       12.74%
(xii)   Reallocated Monthly Principal       0.00
(xiii)   Accumulation Shortfall       0.00
(xiv)   Principal Funding Investment Proceeds       0.00
(xv)   Principal Funding Investment Shortfall       0.00
(xvi)   Available Investor Finance Charge Collections       17,238,378.66
(xvii)   Note Rate                                         Class A    5.46000%   
                                                           Class B    5.81000%   
                                                           Class C    6.43000%   
(xviii)   Spread Account       12,000,000.00

 

By:  

/s/ Patricia M. Garvey

Name:   Patricia M. Garvey
Title:   Vice President

Chase Bank USA, N.A.

Monthly Certificateholder’s Statement

Chase Credit Card Master Trust

Series 2002-1

 

Section 5.2 - Supplement

    Distribution Date:    09/15/2006
   Period Type:    Revolving

 

(i)

    Monthly Principal Distributed    0.00     0.00  

(ii)

    Monthly Interest Distributed     
   Class A Note Interest Requirement    3,927,700.00    
   Class B Note Interest Requirement    344,788.89    
   Net Class C Note Interest Requirement    445,756.04     4,718,244.93  

(iii)

    Collections of Principal Receivables      186,122,044.66  

(iv)

    Collections of Finance Charge Receivables      15,188,096.62  

(v)

    Aggregate Amount of Principal Receivables      22,836,928,188.61  
  

Investor Interest

      1,000,000,000.00  
  

Adjusted Interest

      1,000,000,000.00  
   Floating Investor Percentage      4.38 %
   Fixed Investor Percentage      4.38 %

(vi)

    Receivables Delinquent (As % of Total Receivables)      96.65 %
  

Current

      1.02 %
  

30 to 59 days

      0.71 %
  

60 to 89 days

      1.63 %
  

90 or more days

      100.00 %
  

Total Receivables

     

(vii)

    Investor Default Amount      4,292,157.04  

(viii)

    Investor Charge-Offs      0.00  

(ix)

    Reimbursed Investor Charge-Offs      0.00  

(x)

    Net Servicing Fee      416,666.67  

(xi)

    Portfolio Yield (Net of Defaulted Receivables)      12.73 %

(xii)

    Reallocated Monthly Principal      0.00  

(xiii)

    Accumulation Shortfall      0.00  

(xiv)

    Principal Funding Investment Proceeds      0.00  

(xv)

    Principal Funding Investment Shortfall      0.00  

(xvi)

    Available Investor Finance Charge Collections      14,354,763.29  

(xvii)

    Note Rate                                      Class  A    5.43000 %  
                                                            Class B    5.72000 %  
                                                            Class C    6.31000 %  

(xviii)

    Spread Account      10,000,000.00  

 

By:  

/s/ Patricia M. Garvey

Name:   Patricia M. Garvey
Title:   Vice President

Chase Bank USA, N.A.

Monthly Certificateholder’s Statement

Chase Credit Card Master Trust

Series 2002-3

 

Section 5.2 - Supplement

    Distribution Date:    09/15/2006
   Period Type:    Revolving

 

(i)

   Monthly Principal Distributed    0.00     0.00  

(ii)

   Monthly Interest Distributed     
  Class A Note Interest Requirement    5,967,500.00    
  Class B Note Interest Requirement    522,608.33    
  Net Class C Note Interest Requirement    674,446.51     7,164,554.84  

(iii)

   Collections of Principal Receivables      279,183,066.99  

(iv)

   Collections of Finance Charge Receivables      22,782,144.93  

(v)

   Aggregate Amount of Principal Receivables      22,836,928,188.61  
 

Investor Interest

      1,500,000,000.00  
 

Adjusted Interest

      1,500,000,000.00  
  Floating Investor Percentage      6.57 %
  Fixed Investor Percentage      6.57 %

(vi)

   Receivables Delinquent (As % of Total Receivables)      96.65 %
 

Current

      1.02 %
 

30 to 59 days

      0.71 %
 

60 to 89 days

      1.63 %
 

90 or more days

      100.00 %
 

Total Receivables

     

(vii)

   Investor Default Amount      6,438,235.56  

(viii)

   Investor Charge-Offs      0.00  

(ix)

   Reimbursed Investor Charge-Offs      0.00  

(x)

   Net Servicing Fee      625,000.00  

(xi)

   Portfolio Yield (Net of Defaulted Receivables)      12.73 %

(xii)

   Reallocated Monthly Principal      0.00  

(xiii)

   Accumulation Shortfall      0.00  

(xiv)

   Principal Funding Investment Proceeds      0.00  

(xv)

   Principal Funding Investment Shortfall      0.00  

(xvi)

   Available Investor Finance Charge Collections      21,532,144.93  

(xvii)

   Note Rate                                         Class A    5.50000 %  
                                                           Class B    5.78000 %  
                                                           Class C    6.36000 %  

(xviii)

   Spread Account      15,000,000.00  

 

By:  

/s/ Patricia M. Garvey

Name:   Patricia M. Garvey
Title:   Vice President

Chase Bank USA, N.A.

Monthly Certificateholder’s Statement

Chase Credit Card Master Trust

Series 2002-5

 

Section 5.2 - Supplement

    Distribution Date:    09/15/2006
   Period Type:    Revolving

 

(i)

   Monthly Principal Distributed    0.00     0.00  

(ii)

   Monthly Interest Distributed     
  Class A Note Interest Requirement    3,927,700.00    
  Class B Note Interest Requirement    342,980.56    
  Net Class C Note Interest Requirement    443,431.04     4,714,111.60  

(iii)

   Collections of Principal Receivables      186,122,044.66  

(iv)

   Collections of Finance Charge Receivables      15,188,096.62  

(v)

   Aggregate Amount of Principal Receivables      22,836,928,188.61  
 

Investor Interest

      1,000,000,000.00  
 

Adjusted Interest

      1,000,000,000.00  
  Floating Investor Percentage      4.38 %
  Fixed Investor Percentage      4.38 %

(vi)

   Receivables Delinquent (As % of Total Receivables)      96.65 %
 

Current

      1.02 %
 

30 to 59 days

      0.71 %
 

60 to 89 days

      1.63 %
 

90 or more days

      100.00 %
 

Total Receivables

     

(vii)

   Investor Default Amount      4,292,157.04  

(viii)

   Investor Charge-Offs      0.00  

(ix)

   Reimbursed Investor Charge-Offs      0.00  

(x)

   Net Servicing Fee      416,666.67  

(xi)

   Portfolio Yield (Net of Defaulted Receivables)      12.73 %

(xii)

   Reallocated Monthly Principal      0.00  

(xiii)

   Accumulation Shortfall      0.00  

(xiv)

   Principal Funding Investment Proceeds      0.00  

(xv)

   Principal Funding Investment Shortfall      0.00  

(xvi)

   Available Investor Finance Charge Collections      14,354,763.29  

(xvii)

   Note Rate                                         Class A    5.43000 %  
                                                           Class B    5.69000 %  
                                                           Class C    6.28000 %  

(xviii)

   Spread Account      10,000,000.00  

 

By:  

/s/ Patricia M. Garvey

Name:   Patricia M. Garvey
Title:   Vice President

Chase Bank USA, N.A.

Monthly Certificateholder’s Statement

Chase Credit Card Master Trust

Series 2002-7

 

Section 5.2 - Supplement

    Distribution Date:    09/15/2006
   Period Type:    Revolving

 

(i)

   Monthly Principal Distributed    0.00     0.00  

(ii)

   Monthly Interest Distributed     
  Class A Note Interest Requirement    2,956,625.00    
  Class B Note Interest Requirement    260,400.00    
  Net Class C Note Interest Requirement    350,010.78     3,567,035.78  

(iii)

   Collections of Principal Receivables      139,591,533.48  

(iv)

   Collections of Finance Charge Receivables      11,391,072.47  

(v)

   Aggregate Amount of Principal Receivables      22,836,928,188.61  
 

Investor Interest

      750,000,000.00  
 

Adjusted Interest

      750,000,000.00  
  Floating Investor Percentage      3.28 %
  Fixed Investor Percentage      3.28 %

(vi)

   Receivables Delinquent (As % of Total Receivables)      96.65 %
 

Current

      1.02 %
 

30 to 59 days

      0.71 %
 

60 to 89 days

      1.63 %
 

90 or more days

      100.00 %
 

Total Receivables

     

(vii)

   Investor Default Amount      3,219,117.78  

(viii)

   Investor Charge-Offs      0.00  

(ix)

   Reimbursed Investor Charge-Offs      0.00  

(x)

   Net Servicing Fee      312,500.00  

(xi)

   Portfolio Yield (Net of Defaulted Receivables)      12.73 %

(xii)

   Reallocated Monthly Principal      0.00  

(xiii)

   Accumulation Shortfall      0.00  

(xiv)

   Principal Funding Investment Proceeds      0.00  

(xv)

   Principal Funding Investment Shortfall      0.00  

(xvi)

   Available Investor Finance Charge Collections      10,766,072.47  

(xvii)

   Note Rate                                         Class A    5.45000 %  
                                                           Class B    5.76000 %  
                                                           Class C    6.58000 %  

(xviii)

   Spread Account      7,500,000.00  

 

By:  

/s/ Patricia M. Garvey

Name:   Patricia M. Garvey
Title:   Vice President

Chase Bank USA, N.A.

Monthly Certificateholder’s Statement

Chase Credit Card Master Trust

Series 2003-2

 

Section 5.2 - Supplement

    Distribution Date:    09/15/2006
   Period Type:    Revolving

 

(i)

   Monthly Principal Distributed    0.00     0.00  

(ii)

   Monthly Interest Distributed     
  Class A Note Interest Requirement    5,272,810.67    
  Class B Note Interest Requirement    458,786.22    
  Net Class C Note Interest Requirement    630,545.09     6,362,141.98  

(iii)

   Collections of Principal Receivables      249,403,539.85  

(iv)

   Collections of Finance Charge Receivables      20,352,049.47  

(v)

   Aggregate Amount of Principal Receivables      22,836,928,188.61  
 

Investor Interest

      1,340,000,000.00  
 

Adjusted Interest

      1,340,000,000.00  
  Floating Investor Percentage      5.87 %
  Fixed Investor Percentage      5.87 %

(vi)

   Receivables Delinquent (As % of Total Receivables)      96.65 %
 

Current

      1.02 %
 

30 to 59 days

      0.71 %
 

60 to 89 days

      1.63 %
 

90 or more days

      100.00 %
 

Total Receivables

     

(vii)

   Investor Default Amount      5,751,490.43  

(viii)

   Investor Charge-Offs      0.00  

(ix)

   Reimbursed Investor Charge-Offs      0.00  

(x)

   Net Servicing Fee      558,333.33  

(xi)

   Portfolio Yield (Net of Defaulted Receivables)      12.73 %

(xii)

   Reallocated Monthly Principal      0.00  

(xiii)

   Accumulation Shortfall      0.00  

(xiv)

   Principal Funding Investment Proceeds      0.00  

(xv)

   Principal Funding Investment Shortfall      0.00  

(xvi)

   Available Investor Finance Charge Collections      19,235,382.80  

(xvii)

   Note Rate                                         Class A    5.44000 %  
                                                           Class B    5.68000 %  
                                                           Class C    6.63000 %  

(xviii)

   Spread Account      13,400,000.00  

 

By:  

/s/ Patricia M. Garvey

Name:   Patricia M. Garvey
Title:   Vice President

Chase Bank USA, N.A.

Monthly Certificateholder’s Statement

Chase Credit Card Master Trust

Series 2003-3

 

Section 5.2 - Supplement

    Distribution Date:    09/15/2006
   Period Type:    Revolving

 

(i)

   Monthly Principal Distributed    0.00     0.00  

(ii)

   Monthly Interest Distributed     
  Class A Note Interest Requirement    5,607,280.00    
  Class B Note Interest Requirement    487,888.33    
  Net Class C Note Interest Requirement    646,246.11     6,741,414.44  

(iii)

   Collections of Principal Receivables      265,223,913.64  

(iv)

   Collections of Finance Charge Receivables      21,643,037.69  

(v)

   Aggregate Amount of Principal Receivables      22,836,928,188.61  
 

Investor Interest

      1,425,000,000.00  
 

Adjusted Interest

      1,425,000,000.00  
  Floating Investor Percentage      6.24 %
  Fixed Investor Percentage      6.24 %

(vi)

   Receivables Delinquent (As % of Total Receivables)      96.65 %
 

Current

      1.02 %
 

30 to 59 days

      0.71 %
 

60 to 89 days

      1.63 %
 

90 or more days

      100.00 %
 

Total Receivables

     

(vii)

   Investor Default Amount      6,116,323.78  

(viii)

   Investor Charge-Offs      0.00  

(ix)

   Reimbursed Investor Charge-Offs      0.00  

(x)

   Net Servicing Fee      593,750.00  

(xi)

   Portfolio Yield (Net of Defaulted Receivables)      12.73 %

(xii)

   Reallocated Monthly Principal      0.00  

(xiii)

   Accumulation Shortfall      0.00  

(xiv)

   Principal Funding Investment Proceeds      0.00  

(xv)

   Principal Funding Investment Shortfall      0.00  

(xvi)

   Available Investor Finance Charge Collections      20,455,537.69  

(xvii)

   Note Rate                                         Class A    5.44000 %  
                                                           Class B    5.68000 %  
                                                           Class C    6.41000 %  

(xviii)

   Spread Account      14,250,000.00  

 

By:  

/s/ Patricia M. Garvey

Name:   Patricia M. Garvey
Title:   Vice President

Chase Bank USA, N.A.

Monthly Certificateholder’s Statement

Chase Credit Card Master Trust

Series 2003-4

 

Section 5.2 - Supplement

    Distribution Date:    09/15/2006
   Period Type:    Revolving

 

(i)

   Monthly Principal Distributed    0.00     0.00  

(ii)

   Monthly Interest Distributed     
  Class A Note Interest Requirement    2,921,000.83    
  Class B Note Interest Requirement    261,334.31    
  Net Class C Note Interest Requirement    338,343.76     3,520,678.90  

(iii)

   Collections of Principal Receivables      134,938,482.38  

(iv)

   Collections of Finance Charge Receivables      11,011,370.05  

(v)

   Aggregate Amount of Principal Receivables      22,836,928,188.61  
 

Investor Interest

      725,000,000.00  
 

Adjusted Interest

      725,000,000.00  
  Floating Investor Percentage      3.17 %
  Fixed Investor Percentage      3.17 %

(vi)

   Receivables Delinquent (As % of Total Receivables)      96.65 %
 

Current

      1.02 %
 

30 to 59 days

      0.71 %
 

60 to 89 days

      1.63 %
 

90 or more days

      100.00 %
 

Total Receivables

     

(vii)

   Investor Default Amount      3,111,813.85  

(viii)

   Investor Charge-Offs      0.00  

(ix)

   Reimbursed Investor Charge-Offs      0.00  

(x)

   Net Servicing Fee      302,083.33  

(xi)

   Portfolio Yield (Net of Defaulted Receivables)      12.73 %

(xii)

   Reallocated Monthly Principal      0.00  

(xiii)

   Accumulation Shortfall      0.00  

(xiv)

   Principal Funding Investment Proceeds      0.00  

(xv)

   Principal Funding Investment Shortfall      0.00  

(xvi)

   Available Investor Finance Charge Collections      10,407,203.38  

(xvii)

   Note Rate                                         Class A    5.57000 %  
                                                           Class B    5.98000 %  
                                                           Class C    6.58000 %  

(xviii)

   Spread Account      7,250,000.00  

 

By:  

/s/ Patricia M. Garvey

Name:   Patricia M. Garvey
Title:   Vice President

Chase Bank USA, N.A.

Monthly Certificateholder’s Statement

Chase Credit Card Master Trust

Series 2003-5

 

Section 5.2 - Supplement

    Distribution Date:    09/15/2006
   Period Type:    Revolving

 

(i)

    Monthly Principal Distributed    0.00     0.00  

(ii)

    Monthly Interest Distributed     
   Class A Note Interest Requirement    3,942,166.67    
   Class B Note Interest Requirement    341,172.22    
   Net Class C Note Interest Requirement    441,106.04     4,724,444.93  

(iii)

    Collections of Principal Receivables      186,122,044.66  

(iv)

    Collections of Finance Charge Receivables      15,188,096.62  

(v)

    Aggregate Amount of Principal Receivables      22,836,928,188.61  
  

Investor Interest

      1,000,000,000.00  
  

Adjusted Interest

      1,000,000,000.00  
   Floating Investor Percentage      4.38 %
   Fixed Investor Percentage      4.38 %

(vi)

    Receivables Delinquent (As % of Total Receivables)      96.65 %
  

Current

      1.02 %
  

30 to 59 days

      0.71 %
  

60 to 89 days

      1.63 %
  

90 or more days

      100.00 %
  

Total Receivables

     

(vii)

    Investor Default Amount      4,292,157.04  

(viii)

    Investor Charge-Offs      0.00  

(ix)

    Reimbursed Investor Charge-Offs      0.00  

(x)

    Net Servicing Fee      416,666.67  

(xi)

    Portfolio Yield (Net of Defaulted Receivables)      12.73 %

(xii)

    Reallocated Monthly Principal      0.00  

(xiii)

    Accumulation Shortfall      0.00  

(xiv)

    Principal Funding Investment Proceeds      0.00  

(xv)

    Principal Funding Investment Shortfall      0.00  

(xvi)

    Available Investor Finance Charge Collections      14,354,763.29  

(xvii)

    Note Rate                                         Class A    5.45000 %  
                                                            Class B    5.66000 %  
                                                            Class C    6.25000 %  

(xviii)

    Spread Account      10,000,000.00  

 

By:  

/s/ Patricia M. Garvey

Name:   Patricia M. Garvey
Title:   Vice President

Chase Bank USA, N.A.

Monthly Certificateholder’s Statement

Chase Credit Card Master Trust

Series 2003-6

 

Section 5.2 - Supplement

    Distribution Date:    09/15/2006
   Period Type:    Revolving

 

(i)

    Monthly Principal Distributed    0.00     0.00  

(ii)

    Monthly Interest Distributed     
   Class A Note Interest Requirement    7,869,866.67    
   Class B Note Interest Requirement    684,755.56    
   Net Class C Note Interest Requirement    863,612.07     9,418,234.30  

(iii)

    Collections of Principal Receivables      372,244,089.32  

(iv)

    Collections of Finance Charge Receivables      30,376,193.24  

(v)

    Aggregate Amount of Principal Receivables      22,836,928,188.61  
  

Investor Interest

      2,000,000,000.00  
  

Adjusted Interest

      2,000,000,000.00  
   Floating Investor Percentage      8.76 %
   Fixed Investor Percentage      8.76 %

(vi)

    Receivables Delinquent (As % of Total Receivables)      96.65 %
  

Current

      1.02 %
  

30 to 59 days

      0.71 %
  

60 to 89 days

      1.63 %
  

90 or more days

      100.00 %
  

Total Receivables

     

(vii)

    Investor Default Amount      8,584,314.08  

(viii)

    Investor Charge-Offs      0.00  

(ix)

    Reimbursed Investor Charge-Offs      0.00  

(x)

    Net Servicing Fee      833,333.33  

(xi)

    Portfolio Yield (Net of Defaulted Receivables)      12.73 %

(xii)

    Reallocated Monthly Principal      0.00  

(xiii)

    Accumulation Shortfall      0.00  

(xiv)

    Principal Funding Investment Proceeds      0.00  

(xv)

    Principal Funding Investment Shortfall      0.00  

(xvi)

    Available Investor Finance Charge Collections      28,709,526.57  

(xvii)

    Note Rate                                         Class A    5.44000 %  
                                                            Class B    5.68000 %  
                                                            Class C    6.13000 %  

(xviii)

    Spread Account      20,000,000.00  

 

By:  

/s/ Patricia M. Garvey

Name:   Patricia M. Garvey
Title:   Vice President

Chase Bank USA, N.A.

Monthly Certificateholder’s Statement

Chase Credit Card Master Trust

Series 2004-1

 

Section 5.2 - Supplement

    Distribution Date:    09/15/2006
   Period Type:    Revolving

 

(i)

    Monthly Principal Distributed    0.00     0.00  

(ii)

    Monthly Interest Distributed     
   Class A Note Interest Requirement    5,815,600.00    
   Class B Note Interest Requirement    500,004.17    
   Net Class C Note Interest Requirement    609,346.51     6,924,950.68  

(iii)

    Collections of Principal Receivables      279,183,066.99  

(iv)

    Collections of Finance Charge Receivables      22,782,144.93  

(v)

    Aggregate Amount of Principal Receivables      22,836,928,188.61  
  

Investor Interest

      1,500,000,000.00  
  

Adjusted Interest

      1,500,000,000.00  
   Floating Investor Percentage      6.57 %
   Fixed Investor Percentage      6.57 %

(vi)

    Receivables Delinquent (As % of Total Receivables)      96.65 %
  

Current

      1.02 %
  

30 to 59 days

      0.71 %
  

60 to 89 days

      1.63 %
  

90 or more days

      100.00 %
  

Total Receivables

     

(vii)

    Investor Default Amount      6,438,235.56  

(viii)

    Investor Charge-Offs      0.00  

(ix)

    Reimbursed Investor Charge-Offs      0.00  

(x)

    Net Servicing Fee      625,000.00  

(xi)

    Portfolio Yield (Net of Defaulted Receivables)      12.73 %

(xii)

    Reallocated Monthly Principal      0.00  

(xiii)

    Accumulation Shortfall      0.00  

(xiv)

    Principal Funding Investment Proceeds      0.00  

(xv)

    Principal Funding Investment Shortfall      0.00  

(xvi)

    Available Investor Finance Charge Collections      21,532,144.93  

(xvii)

    Note Rate                                         Class A    5.36000 %  
                                                            Class B    5.53000 %  
                                                            Class C    5.80000 %  

(xviii)

    Spread Account      15,000,000.00  

 

By:  

/s/ Patricia M. Garvey

Name:   Patricia M. Garvey
Title:   Vice President

Chase Bank USA, N.A.

Monthly Certificateholder’s Statement

Chase Credit Card Master Trust

Series 2004-2

 

Section 5.2 - Supplement

    Distribution Date:    09/15/2006
   Period Type:    Revolving

 

(i)

    Monthly Principal Distributed    0.00     0.00  

(ii)

    Monthly Interest Distributed     
   Class A Note Interest Requirement    6,797,525.00    
   Class B Note Interest Requirement    585,447.92    
   Net Class C Note Interest Requirement    721,754.32     8,104,727.24  

(iii)

    Collections of Principal Receivables      325,713,578.15  

(iv)

    Collections of Finance Charge Receivables      26,579,169.09  

(v)

    Aggregate Amount of Principal Receivables      22,836,928,188.61  
  

Investor Interest

      1,750,000,000.00  
  

Adjusted Interest

      1,750,000,000.00  
   Floating Investor Percentage      7.66 %
   Fixed Investor Percentage      7.66 %

(vi)

    Receivables Delinquent (As % of Total Receivables)      96.65 %
  

Current

      1.02 %
  

30 to 59 days

      0.71 %
  

60 to 89 days

      1.63 %
  

90 or more days

      100.00 %
  

Total Receivables

     

(vii)

    Investor Default Amount      7,511,274.82  

(viii)

    Investor Charge-Offs      0.00  

(ix)

    Reimbursed Investor Charge-Offs      0.00  

(x)

    Net Servicing Fee      729,166.67  

(xi)

    Portfolio Yield (Net of Defaulted Receivables)      12.73 %

(xii)

    Reallocated Monthly Principal      0.00  

(xiii)

    Accumulation Shortfall      0.00  

(xiv)

    Principal Funding Investment Proceeds      0.00  

(xv)

    Principal Funding Investment Shortfall      0.00  

(xvi)

    Available Investor Finance Charge Collections      25,120,835.76  

(xvii)

    Note Rate                                         Class A    5.37000 %  
                                                            Class B    5.55000 %  
                                                            Class C    5.88000 %  

(xviii)

    Spread Account      17,500,000.00  

 

By:  

/s/ Patricia M. Garvey

Name:   Patricia M. Garvey
Title:   Vice President