Dates Covered
|
|
|
|
|
|
|
|
|
|
Collections Period
|
|
|
08/01/24 - 08/31/24
|
|
|
|
|
|
|
|
|
|
Interest Accrual Period
|
|
|
08/15/24 - 09/15/24
|
|
|
|
|
|
|
|
|
|
30/360 Days
|
|
|
30
|
|
|
|
|
|
|
|
|
|
Actual/360 Days
|
|
|
32
|
|
|
|
|
|
|
|
|
|
Distribution Date
|
|
|
09/16/24
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Collateral Pool Balance Data
|
|
|
$ Amount
|
|
|
|
# of Accounts
|
|
|
|
|
|
Pool Balance at 07/31/24
|
|
|
720,164,574.23
|
|
|
|
34,871
|
|
|
|
|
|
Yield Supplement Overcollateralization Amount 07/31/24
|
|
|
73,141,396.86
|
|
|
|
0
|
|
|
|
|
|
Receivables Balance 07/31/24
|
|
|
793,305,971.09
|
|
|
|
34,871
|
|
|
|
|
|
Principal Payments
|
|
|
30,231,370.40
|
|
|
|
706
|
|
|
|
|
|
Defaulted Receivables
|
|
|
1,110,858.17
|
|
|
|
30
|
|
|
|
|
|
Repurchased Accounts
|
|
|
0.00
|
|
|
|
0
|
|
|
|
|
|
Yield Supplement Overcollateralization Amount at 08/31/24
|
|
|
69,314,408.60
|
|
|
|
0
|
|
|
|
|
|
Pool Balance at 08/31/24
|
|
|
692,649,333.92
|
|
|
|
34,135
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Pool Statistics
|
|
|
$ Amount
|
|
|
|
# of Accounts
|
|
|
|
|
|
Pool Factor
|
|
|
68.07
|
%
|
|
|
|
|
|
|
|
|
Prepayment ABS Speed
|
|
|
1.66
|
%
|
|
|
|
|
|
|
|
|
Aggregate Starting Principal Balance
|
|
|
1,119,368,245.46
|
|
|
|
42,446
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Delinquent Receivables:
|
|
|
|
|
|
|
|
|
|
|
|
|
Past Due 31-60 days
|
|
|
7,435,705.91
|
|
|
|
296
|
|
|
|
|
|
Past Due 61-90 days
|
|
|
2,802,822.53
|
|
|
|
104
|
|
|
|
|
|
Past Due 91-120 days
|
|
|
530,800.24
|
|
|
|
19
|
|
|
|
|
|
Past Due 121+ days
|
|
|
0.00
|
|
|
|
0
|
|
|
|
|
|
Total
|
|
|
10,769,328.68
|
|
|
|
419
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total 31+ Delinquent as % Aggregate Ending Principal Balance
|
|
|
1.41
|
%
|
|
|
|
|
|
|
|
|
Total 61+ Delinquent as % Aggregate Ending Principal Balance
|
|
|
0.44
|
%
|
|
|
|
|
|
|
|
|
Delinquency Trigger Occurred
|
|
|
NO
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Recoveries
|
|
|
883,157.63
|
|
|
|
|
|
|
|
|
|
Aggregate Net Losses/(Gains) - August 2024
|
|
|
227,700.54
|
|
|
|
|
|
|
|
|
|
Ratio of Net Loss/(Gain) to the Receivables Balance as of beginning of Collection Period (Annualized):
|
|
|
|
|
|
|
|
|
|
|
|
|
Current Net Losses/(Gains) Ratio
|
|
|
0.34
|
%
|
|
|
|
|
|
|
|
|
Prior Net Losses/(Gains) Ratio
|
|
|
0.22
|
%
|
|
|
|
|
|
|
|
|
Second Prior Net Losses/(Gains) Ratio
|
|
|
0.47
|
%
|
|
|
|
|
|
|
|
|
Third Prior Net Losses/(Gains) Ratio
|
|
|
0.65
|
%
|
|
|
|
|
|
|
|
|
Four Month Average
|
|
|
0.42
|
%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Cumulative Net Loss as a % of Aggregate Starting Principal Balance
|
|
|
0.26
|
%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Overcollateralization Target Amount
|
|
|
7,965,467.34
|
|
|
|
|
|
|
|
|
|
Actual Overcollateralization
|
|
|
7,965,467.34
|
|
|
|
|
|
|
|
|
|
Weighted Average Contract Rate
|
|
|
6.21
|
%
|
|
|
|
|
|
|
|
|
Weighted Average Contract Rate, Yield Adjusted
|
|
|
11.22
|
%
|
|
|
|
|
|
|
|
|
Weighted Average Remaining Term
|
|
|
51.47
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Flow of Funds
|
|
|
$ Amount
|
|
|
|
|
|
|
|
|
|
Collections
|
|
|
35,246,664.34
|
|
|
|
|
|
|
|
|
|
Investment Earnings on Cash Accounts
|
|
|
16,485.77
|
|
|
|
|
|
|
|
|
|
Servicing Fee
|
|
|
(661,088.31
|
)
|
|
|
|
|
|
|
|
|
Transfer to Collection Account
|
|
|
-
|
|
|
|
|
|
|
|
|
|
Available Funds
|
|
|
34,602,061.80
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Distributions of Available Funds
|
|
|
|
|
|
|
|
|
|
|
|
|
(1) Asset Representation Reviewer Amounts (up to $150,000 per year)
|
|
|
-
|
|
|
|
|
|
|
|
|
|
(2) Class A Interest
|
|
|
3,299,339.72
|
|
|
|
|
|
|
|
|
|
(3) Noteholders' First Priority Principal Distributable Amount
|
|
|
-
|
|
|
|
|
|
|
|
|
|
(4) Class B Interest
|
|
|
153,556.50
|
|
|
|
|
|
|
|
|
|
(5) Noteholders' Second Priority Principal Distributable Amount
|
|
|
4,213,347.71
|
|
|
|
|
|
|
|
|
|
(6) Class C Interest
|
|
|
78,479.50
|
|
|
|
|
|
|
|
|
|
(7) Noteholders' Third Priority Principal Distributable Amount
|
|
|
15,020,000.00
|
|
|
|
|
|
|
|
|
|
(8) Required Reserve Account
|
|
|
-
|
|
|
|
|
|
|
|
|
|
(9) Noteholders' Principal Distributable Amount
|
|
|
7,965,467.34
|
|
|
|
|
|
|
|
|
|
(10) Asset Representation Reviewer Amounts (in excess of 1)
|
|
|
-
|
|
|
|
|
|
|
|
|
|
(11) Distribution to Certificateholders
|
|
|
3,871,871.03
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total Distributions of Available Funds
|
|
|
34,602,061.80
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Servicing Fee
|
|
|
661,088.31
|
|
|
|
|
|
|
|
|
|
Unpaid Servicing Fee
|
|
|
-
|
|
|
|
|
|
|
|
|
|
Change in amount of the unpaid servicing fee from the prior period
|
|
|
-
|
|
|
|
|
|
|
|
|
|
Class C
|
|
|
|
|
|
|
|
|
|
|
|
|
Coupon
|
|
|
6.27000
|
%
|
|
|
|
|
|
|
|
|
Interest Paid
|
|
|
78,479.50
|
|
|
|
|
|
|
|
|
|
Principal Paid
|
|
|
0.00
|
|
|
|
|
|
|
|
|
|
Total Paid to C Holders
|
|
|
78,479.50
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Distribution per $1,000 of Notes
|
|
|
Total
|
|
|
|
|
|
|
|
|
|
Total Interest Distribution Amount
|
|
|
3.5337080
|
|
|
|
|
|
|
|
|
|
Total Interest Carryover Shortfall
|
|
|
0.0000000
|
|
|
|
|
|
|
|
|
|
Total Principal Distribution Amount
|
|
|
27.2167781
|
|
|
|
|
|
|
|
|
|
Total Distribution Amount
|
|
|
30.7504861
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
A-1 Interest Distribution Amount
|
|
|
0.0000000
|
|
|
|
|
|
|
|
|
|
A-1 Interest Carryover Shortfall
|
|
|
0.0000000
|
|
|
|
|
|
|
|
|
|
A-1 Principal Distribution Amount
|
|
|
0.0000000
|
|
|
|
|
|
|
|
|
|
Total A-1 Distribution Amount
|
|
|
0.0000000
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
A-2a Interest Distribution Amount
|
|
|
3.7471022
|
|
|
|
|
|
|
|
|
|
A-2a Interest Carryover Shortfall
|
|
|
0.0000000
|
|
|
|
|
|
|
|
|
|
A-2a Principal Distribution Amount
|
|
|
71.9926285
|
|
|
|
|
|
|
|
|
|
Total A-2a Distribution Amount
|
|
|
75.7397307
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
A-2b Interest Distribution Amount
|
|
|
4.0128222
|
|
|
|
|
|
|
|
|
|
A-2b Interest Carryover Shortfall
|
|
|
0.0000000
|
|
|
|
|
|
|
|
|
|
A-2b Principal Distribution Amount
|
|
|
71.9926285
|
|
|
|
|
|
|
|
|
|
Total A-2b Distribution Amount
|
|
|
76.0054507
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
A-3 Interest Distribution Amount
|
|
|
4.8250000
|
|
|
|
|
|
|
|
|
|
A-3 Interest Carryover Shortfall
|
|
|
0.0000000
|
|
|
|
|
|
|
|
|
|
A-3 Principal Distribution Amount
|
|
|
0.0000000
|
|
|
|
|
|
|
|
|
|
Total A-3 Distribution Amount
|
|
|
4.8250000
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
A-4 Interest Distribution Amount
|
|
|
4.8750000
|
|
|
|
|
|
|
|
|
|
A-4 Interest Carryover Shortfall
|
|
|
0.0000000
|
|
|
|
|
|
|
|
|
|
A-4 Principal Distribution Amount
|
|
|
0.0000000
|
|
|
|
|
|
|
|
|
|
Total A-4 Distribution Amount
|
|
|
4.8750000
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
B Interest Distribution Amount
|
|
|
5.1083333
|
|
|
|
|
|
|
|
|
|
B Interest Carryover Shortfall
|
|
|
0.0000000
|
|
|
|
|
|
|
|
|
|
B Principal Distribution Amount
|
|
|
0.0000000
|
|
|
|
|
|
|
|
|
|
Total B Distribution Amount
|
|
|
5.1083333
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
C Interest Distribution Amount
|
|
|
5.2250000
|
|
|
|
|
|
|
|
|
|
C Interest Carryover Shortfall
|
|
|
0.0000000
|
|
|
|
|
|
|
|
|
|
C Principal Distribution Amount
|
|
|
0.0000000
|
|
|
|
|
|
|
|
|
|
Total C Distribution Amount
|
|
|
5.2250000
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Noteholders' First Priority Principal Distributable Amount
|
|
|
0.00
|
|
|
|
|
|
|
|
|
|
Noteholders' Second Priority Principal Distributable Amount
|
|
|
154.91
|
|
|
|
|
|
|
|
|
|
Noteholders' Third Priority Principal Distributable Amount
|
|
|
552.23
|
|
|
|
|
|
|
|
|
|
Noteholders' Principal Distributable Amount
|
|
|
292.86
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Account Balances
|
|
|
$ Amount
|
|
|
|
|
|
|
|
|
|
Reserve Account
|
|
|
|
|
|
|
|
|
|
|
|
|
Balance as of 08/15/24
|
|
|
2,504,634.24
|
|
|
|
|
|
|
|
|
|
Investment Earnings
|
|
|
11,149.67
|
|
|
|
|
|
|
|
|
|
Investment Earnings Paid
|
|
|
(11,149.67
|
)
|
|
|
|
|
|
|
|
|
Deposit/(Withdrawal)
|
|
|
-
|
|
|
|
|
|
|
|
|
|
Balance as of 09/16/24
|
|
|
2,504,634.24
|
|
|
|
|
|
|
|
|
|
Change
|
|
|
-
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Required Reserve Amount
|
|
|
2,504,634.24
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Other Servicing Information
|
|
|
Current Month
|
|
|
|
Prior Month
|
|
|
|
Two Months Prior
|
|
Principal Balance of Receivables extended during the Collection Period
|
|
$
|
4,874,426.51
|
|
|
|
6,724,899.27
|
|
|
|
5,464,961.22
|
|
Number of Extensions
|
|
|
178
|
|
|
|
214
|
|
|
|
171
|
|
Ratio of extensions to Beginning of Period Receivables Balance
|
|
|
0.61
|
%
|
|
|
0.81
|
%
|
|
|
0.64
|
%
|