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
|
|
|
615,884,901.08
|
|
|
|
32,420
|
|
|
|
|
|
Yield Supplement Overcollateralization Amount 02/29/24
|
|
|
55,190,819.34
|
|
|
|
0
|
|
|
|
|
|
Receivables Balance 02/29/24
|
|
|
671,075,720.42
|
|
|
|
32,420
|
|
|
|
|
|
Principal Payments
|
|
|
25,306,056.38
|
|
|
|
914
|
|
|
|
|
|
Defaulted Receivables
|
|
|
795,384.10
|
|
|
|
31
|
|
|
|
|
|
Repurchased Accounts
|
|
|
0.00
|
|
|
|
0
|
|
|
|
|
|
Yield Supplement Overcollateralization Amount at 03/31/24
|
|
|
52,376,540.88
|
|
|
|
0
|
|
|
|
|
|
Pool Balance at 03/31/24
|
|
|
592,597,739.06
|
|
|
|
31,475
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Pool Statistics
|
|
|
$ Amount
|
|
|
|
# of Accounts
|
|
|
|
|
|
Pool Factor
|
|
|
57.75
|
%
|
|
|
|
|
|
|
|
|
Prepayment ABS Speed
|
|
|
1.52
|
%
|
|
|
|
|
|
|
|
|
Aggregate Starting Principal Balance
|
|
|
1,116,806,264.43
|
|
|
|
45,522
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Delinquent Receivables:
|
|
|
|
|
|
|
|
|
|
|
|
|
Past Due 31-60 days
|
|
|
7,467,285.73
|
|
|
|
297
|
|
|
|
|
|
Past Due 61-90 days
|
|
|
2,551,311.28
|
|
|
|
90
|
|
|
|
|
|
Past Due 91-120 days
|
|
|
558,948.58
|
|
|
|
22
|
|
|
|
|
|
Past Due 121+ days
|
|
|
0.00
|
|
|
|
0
|
|
|
|
|
|
Total
|
|
|
10,577,545.59
|
|
|
|
409
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total 31+ Delinquent as % Aggregate Ending Principal Balance
|
|
|
1.64
|
%
|
|
|
|
|
|
|
|
|
Total 61+ Delinquent as % Aggregate Ending Principal Balance
|
|
|
0.48
|
%
|
|
|
|
|
|
|
|
|
Delinquency Trigger Occurred
|
|
|
NO
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Recoveries
|
|
|
565,393.01
|
|
|
|
|
|
|
|
|
|
Aggregate Net Losses/(Gains) - March 2024
|
|
|
229,991.09
|
|
|
|
|
|
|
|
|
|
Ratio of Net Loss/(Gain) to the Receivables Balance as of beginning of Collection Period (Annualized):
|
|
|
|
|
|
|
|
|
|
|
|
|
Current Net Losses/(Gains) Ratio
|
|
|
0.41
|
%
|
|
|
|
|
|
|
|
|
Prior Net Losses/(Gains) Ratio
|
|
|
0.79
|
%
|
|
|
|
|
|
|
|
|
Second Prior Net Losses/(Gains) Ratio
|
|
|
0.51
|
%
|
|
|
|
|
|
|
|
|
Third Prior Net Losses/(Gains) Ratio
|
|
|
0.45
|
%
|
|
|
|
|
|
|
|
|
Four Month Average
|
|
|
0.54
|
%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Cumulative Net Loss as a % of Aggregate Starting Principal Balance
|
|
|
0.30
|
%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Overcollateralization Target Amount
|
|
|
5,333,379.65
|
|
|
|
|
|
|
|
|
|
Actual Overcollateralization
|
|
|
5,333,379.65
|
|
|
|
|
|
|
|
|
|
Weighted Average Contract Rate
|
|
|
5.72
|
%
|
|
|
|
|
|
|
|
|
Weighted Average Contract Rate, Yield Adjusted
|
|
|
10.28
|
%
|
|
|
|
|
|
|
|
|
Weighted Average Remaining Term
|
|
|
49.89
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Flow of Funds
|
|
|
$ Amount
|
|
|
|
|
|
|
|
|
|
Collections
|
|
|
28,878,389.26
|
|
|
|
|
|
|
|
|
|
Investment Earnings on Cash Accounts
|
|
|
26,635.35
|
|
|
|
|
|
|
|
|
|
Servicing Fee
|
|
|
(559,229.77
|
)
|
|
|
|
|
|
|
|
|
Transfer to Collection Account
|
|
|
-
|
|
|
|
|
|
|
|
|
|
Available Funds
|
|
|
28,345,794.84
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Distributions of Available Funds
|
|
|
|
|
|
|
|
|
|
|
|
|
(1) Asset Representation Reviewer Amounts (up to $150,000 per year)
|
|
|
-
|
|
|
|
|
|
|
|
|
|
(2) Class A Interest
|
|
|
2,350,437.89
|
|
|
|
|
|
|
|
|
|
(3) Noteholders' First Priority Principal Distributable Amount
|
|
|
-
|
|
|
|
|
|
|
|
|
|
(4) Class B Interest
|
|
|
126,714.08
|
|
|
|
|
|
|
|
|
|
(5) Noteholders' Second Priority Principal Distributable Amount
|
|
|
2,624,197.91
|
|
|
|
|
|
|
|
|
|
(6) Class C Interest
|
|
|
65,772.00
|
|
|
|
|
|
|
|
|
|
(7) Noteholders' Third Priority Principal Distributable Amount
|
|
|
15,120,000.00
|
|
|
|
|
|
|
|
|
|
(8) Required Reserve Account
|
|
|
-
|
|
|
|
|
|
|
|
|
|
(9) Noteholders' Principal Distributable Amount
|
|
|
5,333,379.65
|
|
|
|
|
|
|
|
|
|
(10) Asset Representation Reviewer Amounts (in excess of 1)
|
|
|
-
|
|
|
|
|
|
|
|
|
|
(11) Distribution to Certificateholders
|
|
|
2,725,293.31
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total Distributions of Available Funds
|
|
|
28,345,794.84
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Servicing Fee
|
|
|
559,229.77
|
|
|
|
|
|
|
|
|
|
Unpaid Servicing Fee
|
|
|
-
|
|
|
|
|
|
|
|
|
|
Change in amount of the unpaid servicing fee from the prior period
|
|
|
-
|
|
|
|
|
|
|
|
|
|
Distribution per $1,000 of Notes
|
|
|
Total
|
|
|
|
|
|
|
|
|
|
Total Interest Distribution Amount
|
|
|
2.5236684
|
|
|
|
|
|
|
|
|
|
Total Interest Carryover Shortfall
|
|
|
0.0000000
|
|
|
|
|
|
|
|
|
|
Total Principal Distribution Amount
|
|
|
22.9028290
|
|
|
|
|
|
|
|
|
|
Total Distribution Amount
|
|
|
25.4264974
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
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
|
|
|
2.1979779
|
|
|
|
|
|
|
|
|
|
A-2a Interest Carryover Shortfall
|
|
|
0.0000000
|
|
|
|
|
|
|
|
|
|
A-2a Principal Distribution Amount
|
|
|
62.6699369
|
|
|
|
|
|
|
|
|
|
Total A-2a Distribution Amount
|
|
|
64.8679148
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
A-2b Interest Distribution Amount
|
|
|
2.5205720
|
|
|
|
|
|
|
|
|
|
A-2b Interest Carryover Shortfall
|
|
|
0.0000000
|
|
|
|
|
|
|
|
|
|
A-2b Principal Distribution Amount
|
|
|
62.6699369
|
|
|
|
|
|
|
|
|
|
Total A-2b Distribution Amount
|
|
|
65.1905089
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
A-3 Interest Distribution Amount
|
|
|
4.0250000
|
|
|
|
|
|
|
|
|
|
A-3 Interest Carryover Shortfall
|
|
|
0.0000000
|
|
|
|
|
|
|
|
|
|
A-3 Principal Distribution Amount
|
|
|
0.0000000
|
|
|
|
|
|
|
|
|
|
Total A-3 Distribution Amount
|
|
|
4.0250000
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
A-4 Interest Distribution Amount
|
|
|
3.8833334
|
|
|
|
|
|
|
|
|
|
A-4 Interest Carryover Shortfall
|
|
|
0.0000000
|
|
|
|
|
|
|
|
|
|
A-4 Principal Distribution Amount
|
|
|
0.0000000
|
|
|
|
|
|
|
|
|
|
Total A-4 Distribution Amount
|
|
|
3.8833334
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
B Interest Distribution Amount
|
|
|
4.1916666
|
|
|
|
|
|
|
|
|
|
B Interest Carryover Shortfall
|
|
|
0.0000000
|
|
|
|
|
|
|
|
|
|
B Principal Distribution Amount
|
|
|
0.0000000
|
|
|
|
|
|
|
|
|
|
Total B Distribution Amount
|
|
|
4.1916666
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
C Interest Distribution Amount
|
|
|
4.3500000
|
|
|
|
|
|
|
|
|
|
C Interest Carryover Shortfall
|
|
|
0.0000000
|
|
|
|
|
|
|
|
|
|
C Principal Distribution Amount
|
|
|
0.0000000
|
|
|
|
|
|
|
|
|
|
Total C Distribution Amount
|
|
|
4.3500000
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Noteholders' First Priority Principal Distributable Amount
|
|
|
0.00
|
|
|
|
|
|
|
|
|
|
Noteholders' Second Priority Principal Distributable Amount
|
|
|
113.71
|
|
|
|
|
|
|
|
|
|
Noteholders' Third Priority Principal Distributable Amount
|
|
|
655.18
|
|
|
|
|
|
|
|
|
|
Noteholders' Principal Distributable Amount
|
|
|
231.11
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Account Balances
|
|
|
$ Amount
|
|
|
|
|
|
|
|
|
|
Reserve Account
|
|
|
|
|
|
|
|
|
|
|
|
|
Balance as of 03/15/24
|
|
|
5,038,175.22
|
|
|
|
|
|
|
|
|
|
Investment Earnings
|
|
|
22,442.58
|
|
|
|
|
|
|
|
|
|
Investment Earnings Paid
|
|
|
(22,442.58
|
)
|
|
|
|
|
|
|
|
|
Deposit/(Withdrawal)
|
|
|
-
|
|
|
|
|
|
|
|
|
|
Balance as of 04/15/24
|
|
|
5,038,175.22
|
|
|
|
|
|
|
|
|
|
Change
|
|
|
-
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Required Reserve Amount
|
|
|
5,038,175.22
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Other Servicing Information
|
|
|
Current Month
|
|
|
|
Prior Month
|
|
|
|
Two Months Prior
|
|
Principal Balance of Receivables extended during the Collection Period
|
|
$
|
4,141,159.29
|
|
|
|
3,512,841.55
|
|
|
|
4,692,905.03
|
|
Number of Extensions
|
|
|
143
|
|
|
|
129
|
|
|
|
167
|
|
Ratio of extensions to Beginning of Period Receivables Balance
|
|
|
0.62
|
%
|
|
|
0.50
|
%
|
|
|
0.65
|
%
|