Dates Covered
|
|
|
|
|
|
|
|
|
|
Collections Period
|
|
|
03/01/24 - 03/31/24
|
|
|
|
|
|
|
|
|
|
Interest Accrual Period
|
|
|
03/15/24 - 04/14/24
|
|
|
|
|
|
|
|
|
|
30/360 Days
|
|
|
30
|
|
|
|
|
|
|
|
|
|
Actual/360 Days
|
|
|
31
|
|
|
|
|
|
|
|
|
|
Distribution Date
|
|
|
04/15/24
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Collateral Pool Balance Data
|
|
$ Amount
|
|
|
# of Accounts
|
|
|
|
|
|
Pool Balance at 02/29/24
|
|
|
809,401,546.03
|
|
|
|
37,088
|
|
|
|
|
|
Yield Supplement Overcollateralization Amount 02/29/24
|
|
|
83,855,082.62
|
|
|
|
0
|
|
|
|
|
|
Receivables Balance 02/29/24
|
|
|
893,256,628.65
|
|
|
|
37,088
|
|
|
|
|
|
Principal Payments
|
|
|
31,240,544.44
|
|
|
|
620
|
|
|
|
|
|
Defaulted Receivables
|
|
|
1,440,817.79
|
|
|
|
50
|
|
|
|
|
|
Repurchased Accounts
|
|
|
0.00
|
|
|
|
0
|
|
|
|
|
|
Yield Supplement Overcollateralization Amount at 03/31/24
|
|
|
79,619,960.41
|
|
|
|
0
|
|
|
|
|
|
Pool Balance at 03/31/24
|
|
|
780,955,306.01
|
|
|
|
36,418
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Pool Statistics
|
|
$ Amount
|
|
|
# of Accounts
|
|
|
|
|
|
Pool Factor
|
|
|
73.96
|
%
|
|
|
|
|
|
|
|
|
Prepayment ABS Speed
|
|
|
1.56
|
%
|
|
|
|
|
|
|
|
|
Aggregate Starting Principal Balance
|
|
|
1,163,498,581.79
|
|
|
|
43,008
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Delinquent Receivables:
|
|
|
|
|
|
|
|
|
|
|
|
|
Past Due 31-60 days
|
|
|
9,343,521.75
|
|
|
|
354
|
|
|
|
|
|
Past Due 61-90 days
|
|
|
2,131,170.76
|
|
|
|
80
|
|
|
|
|
|
Past Due 91-120 days
|
|
|
479,127.08
|
|
|
|
28
|
|
|
|
|
|
Past Due 121+ days
|
|
|
0.00
|
|
|
|
0
|
|
|
|
|
|
Total
|
|
|
11,953,819.59
|
|
|
|
462
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total 31+ Delinquent as % Aggregate Ending Principal Balance
|
|
|
1.39
|
%
|
|
|
|
|
|
|
|
|
Total 61+ Delinquent as % Aggregate Ending Principal Balance
|
|
|
0.30
|
%
|
|
|
|
|
|
|
|
|
Delinquency Trigger Occurred
|
|
|
NO
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Recoveries
|
|
|
827,897.16
|
|
|
|
|
|
|
|
|
|
Aggregate Net Losses/(Gains) - March 2024
|
|
|
612,920.63
|
|
|
|
|
|
|
|
|
|
Ratio of Net Loss/(Gain) to the Receivables Balance as of beginning of Collection Period (Annualized):
|
|
|
|
|
|
|
|
|
|
|
|
|
Current Net Losses/(Gains) Ratio
|
|
|
0.82
|
%
|
|
|
|
|
|
|
|
|
Prior Net Losses/(Gains) Ratio
|
|
|
0.58
|
%
|
|
|
|
|
|
|
|
|
Second Prior Net Losses/(Gains) Ratio
|
|
|
0.76
|
%
|
|
|
|
|
|
|
|
|
Third Prior Net Losses/(Gains) Ratio
|
|
|
0.68
|
%
|
|
|
|
|
|
|
|
|
Four Month Average
|
|
|
0.71
|
%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Cumulative Net Loss as a % of Aggregate Starting Principal Balance
|
|
|
0.29
|
%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Overcollateralization Target Amount
|
|
|
8,980,986.02
|
|
|
|
|
|
|
|
|
|
Actual Overcollateralization
|
|
|
8,980,986.02
|
|
|
|
|
|
|
|
|
|
Weighted Average Contract Rate
|
|
|
5.95
|
%
|
|
|
|
|
|
|
|
|
Weighted Average Contract Rate, Yield Adjusted
|
|
|
10.98
|
%
|
|
|
|
|
|
|
|
|
Weighted Average Remaining Term
|
|
|
52.53
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Flow of Funds
|
|
$ Amount
|
|
|
|
|
|
|
|
|
|
Collections
|
|
|
36,222,924.07
|
|
|
|
|
|
|
|
|
|
Investment Earnings on Cash Accounts
|
|
|
16,712.99
|
|
|
|
|
|
|
|
|
|
Servicing Fee
|
|
|
(744,380.52
|
)
|
|
|
|
|
|
|
|
|
Transfer to Collection Account
|
|
|
-
|
|
|
|
|
|
|
|
|
|
Available Funds
|
|
|
35,495,256.54
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Distributions of Available Funds
|
|
|
|
|
|
|
|
|
|
|
|
|
(1) Asset Representation Reviewer Amounts (up to $150,000 per year)
|
|
|
-
|
|
|
|
|
|
|
|
|
|
(2) Class A Interest
|
|
|
3,389,969.51
|
|
|
|
|
|
|
|
|
|
(3) Noteholders' First Priority Principal Distributable Amount
|
|
|
-
|
|
|
|
|
|
|
|
|
|
(4) Class B Interest
|
|
|
139,360.00
|
|
|
|
|
|
|
|
|
|
(5) Noteholders' Second Priority Principal Distributable Amount
|
|
|
3,488,122.24
|
|
|
|
|
|
|
|
|
|
(6) Class C Interest
|
|
|
71,859.58
|
|
|
|
|
|
|
|
|
|
(7) Noteholders' Third Priority Principal Distributable Amount
|
|
|
15,650,000.00
|
|
|
|
|
|
|
|
|
|
(8) Required Reserve Account
|
|
|
-
|
|
|
|
|
|
|
|
|
|
(9) Noteholders' Principal Distributable Amount
|
|
|
8,980,986.02
|
|
|
|
|
|
|
|
|
|
(10) Asset Representation Reviewer Amounts (in excess of 1)
|
|
|
-
|
|
|
|
|
|
|
|
|
|
(11) Distribution to Certificateholders
|
|
|
3,774,959.19
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total Distributions of Available Funds
|
|
|
35,495,256.54
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Servicing Fee
|
|
|
744,380.52
|
|
|
|
|
|
|
|
|
|
Unpaid Servicing Fee
|
|
|
-
|
|
|
|
|
|
|
|
|
|
Change in amount of the unpaid servicing fee from the prior period
|
|
|
-
|
|
|
|
|
|
|
|
|
|
Class C
|
|
|
|
|
|
|
|
|
|
|
|
|
Coupon
|
|
|
5.51000
|
%
|
|
|
|
|
|
|
|
|
Interest Paid
|
|
|
71,859.58
|
|
|
|
|
|
|
|
|
|
Principal Paid
|
|
|
0.00
|
|
|
|
|
|
|
|
|
|
Total Paid to C Holders
|
|
|
71,859.58
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Distribution per $1,000 of Notes
|
|
Total
|
|
|
|
|
|
|
|
|
|
Total Interest Distribution Amount
|
|
|
3.4668487
|
|
|
|
|
|
|
|
|
|
Total Interest Carryover Shortfall
|
|
|
0.0000000
|
|
|
|
|
|
|
|
|
|
Total Principal Distribution Amount
|
|
|
27.0701403
|
|
|
|
|
|
|
|
|
|
Total Distribution Amount
|
|
|
30.5369890
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
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
|
|
|
4.3628382
|
|
|
|
|
|
|
|
|
|
A-2a Interest Carryover Shortfall
|
|
|
0.0000000
|
|
|
|
|
|
|
|
|
|
A-2a Principal Distribution Amount
|
|
|
74.8844428
|
|
|
|
|
|
|
|
|
|
Total A-2a Distribution Amount
|
|
|
79.2472810
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
A-2b Interest Distribution Amount
|
|
|
4.6366668
|
|
|
|
|
|
|
|
|
|
A-2b Interest Carryover Shortfall
|
|
|
0.0000000
|
|
|
|
|
|
|
|
|
|
A-2b Principal Distribution Amount
|
|
|
74.8844428
|
|
|
|
|
|
|
|
|
|
Total A-2b Distribution Amount
|
|
|
79.5211096
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
A-3 Interest Distribution Amount
|
|
|
4.2916667
|
|
|
|
|
|
|
|
|
|
A-3 Interest Carryover Shortfall
|
|
|
0.0000000
|
|
|
|
|
|
|
|
|
|
A-3 Principal Distribution Amount
|
|
|
0.0000000
|
|
|
|
|
|
|
|
|
|
Total A-3 Distribution Amount
|
|
|
4.2916667
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
A-4 Interest Distribution Amount
|
|
|
4.1916667
|
|
|
|
|
|
|
|
|
|
A-4 Interest Carryover Shortfall
|
|
|
0.0000000
|
|
|
|
|
|
|
|
|
|
A-4 Principal Distribution Amount
|
|
|
0.0000000
|
|
|
|
|
|
|
|
|
|
Total A-4 Distribution Amount
|
|
|
4.1916667
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
B Interest Distribution Amount
|
|
|
4.4666667
|
|
|
|
|
|
|
|
|
|
B Interest Carryover Shortfall
|
|
|
0.0000000
|
|
|
|
|
|
|
|
|
|
B Principal Distribution Amount
|
|
|
0.0000000
|
|
|
|
|
|
|
|
|
|
Total B Distribution Amount
|
|
|
4.4666667
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
C Interest Distribution Amount
|
|
|
4.5916665
|
|
|
|
|
|
|
|
|
|
C Interest Carryover Shortfall
|
|
|
0.0000000
|
|
|
|
|
|
|
|
|
|
C Principal Distribution Amount
|
|
|
0.0000000
|
|
|
|
|
|
|
|
|
|
Total C Distribution Amount
|
|
|
4.5916665
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Noteholders' First Priority Principal Distributable Amount
|
|
|
0.00
|
|
|
|
|
|
|
|
|
|
Noteholders' Second Priority Principal Distributable Amount
|
|
|
124.05
|
|
|
|
|
|
|
|
|
|
Noteholders' Third Priority Principal Distributable Amount
|
|
|
556.56
|
|
|
|
|
|
|
|
|
|
Noteholders' Principal Distributable Amount
|
|
|
319.39
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Account Balances
|
|
|
$ Amount
|
|
|
|
|
|
|
|
|
|
Reserve Account
|
|
|
|
|
|
|
|
|
|
|
|
|
Balance as of 03/15/24
|
|
|
2,603,351.22
|
|
|
|
|
|
|
|
|
|
Investment Earnings
|
|
|
11,596.64
|
|
|
|
|
|
|
|
|
|
Investment Earnings Paid
|
|
|
(11,596.64
|
)
|
|
|
|
|
|
|
|
|
Deposit/(Withdrawal)
|
|
|
-
|
|
|
|
|
|
|
|
|
|
Balance as of 04/15/24
|
|
|
2,603,351.22
|
|
|
|
|
|
|
|
|
|
Change
|
|
|
-
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Required Reserve Amount
|
|
|
2,603,351.22
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Other Servicing Information
|
|
|
Current Month
|
|
|
|
Prior Month
|
|
|
|
Two Months Prior
|
|
Principal Balance of Receivables extended during the Collection Period
|
|
$
|
4,901,671.64
|
|
|
|
5,602,293.72
|
|
|
|
5,708,864.57
|
|
Number of Extensions
|
|
|
157
|
|
|
|
183
|
|
|
|
180
|
|
Ratio of extensions to Beginning of Period Receivables Balance
|
|
|
0.55
|
%
|
|
|
0.61
|
%
|
|
|
0.60
|
%
|