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                                                                  Exhibit 99.1

                NATIONSCREDIT DISTRIBUTION FINANCE, INC.
                     ANNUAL OFFICER CERTIFICATE
       
                  NationsCredit Grantor Trust 1996-1
                  ----------------------------------

 
The undersigned certifies that he is the Vice President-Treasurer of 
NationsCredit Distribution Finance, Inc., a Georgia corporation (the 
"Servicer"), and that as such he is duly authorized to execute and deliver 
this certificate on behalf of the Servicer pursuant to Section 13.10 of the
Pooling and Servicing Agreement dated as of January 31, 1996 among 
NationsCredit Securitization Corporation, NationsCredit Commercial Corporation 
and Bankers Trust Company (the 'Agreement') and further certifies that ( I ) 
a review of the activities of the Servicer during the period January 1, 1997 
up to and including December 31, 1997 and of its performance under the 
Agreement has been made and (ii) based on such review, the Servicer has 
fulfilled all of its obligations under the Agreement throughout the past year
up to and including December 31, 1997.

IN WITNESS WHEREOF, I have affixed hereto my signature this the 30th day of 
March, 1998.
 
                                	NationsCredit Distribution Finance, Inc.



                                     	By: /s/ LAWRENCE ANGELILLI
                                          ----------------------
                                            		Lawrence Angelilli 
                                              Vice President-Treasurer

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                                                                  Exhibit 99.2

                      ON PRICE WATERHOUSE LETTERHEAD


              Loan Servicing Report of Independent Accountants



March 27, 1998

To the Board of Directors of
NationsCredit Commercial Corporation


We have examined management's assertion about NationsCredit Commercial 
Corporation's compliance with the servicing requirements outlined in sections 
12.3, 13.8, 14.1, 14.2, 14.3, 14.6 and 14.7 of the Pooling and Servicing 
Agreement dated January 31, 1996 (the "Agreement") for the NationsCredit 
Grantor Trust 1996-1 securitization during the year ended December 31, 1997 
included in the accompanying management assertion.  Management is responsible 
for NationsCredit Commercial Corporation's compliance with those requirements.
Our responsibility is to express an opinion on management's assertion about 
NationsCredit Commercial Corporation's compliance based on our examination.

Our examination was made in accordance with standards established by the 
American Institute of Certified Public Accountants and, accordingly, included 
examining, on a test basis, evidence about NationsCredit Commercial 
Corporation's compliance with those requirements and performing such other 
procedures as we considered necessary in the circumstances.  We believe that 
our examination provides a reasonable basis for our opinion.  Our examination 
does not provide a legal determination on NationsCredit Commercial 
Corporation's compliance with specified requirements. 

In our opinion, management's assertion that NationsCredit Commercial 
Corporation complied with the aforementioned sections of the Agreement for the 
year ended December 31, 1997 is fairly stated, in all material respects.


/s/ PRICE WATEHOUSE LLP

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                       ON NATIONSCREDIT LETTERHEAD

March 27, 1998

Price Waterhouse LLP
NationsBank Corporate Center
Suite 5400
100 North Tryon Street
Charlotte, NC 28202

Dear Sirs:

As of and for the year ended December 31, 1997, NationsCredit Commercial 
Corporation has complied in all material respects with the servicing 
requirements outlined in sections 12.3, 13.8, 14.1, 14.2, 14.3, 14.6  and 14.7 
of the Pooling and Servicing Agreement dated January 31, 1996 for the 
NationsCredit Grantor Trust 1996-1 securitization.




/s/ MIKE PARKS
--------------
Mike Parks, SVP
NationsCredit Commercial Corporation



/s/ DAVE DISTEL
---------------
Dave Distel, SVP
NationsCredit Commercial Corporation



/s/ LAWRENCE ANGELILLI
----------------------
Lawrence Angelilli, Treasurer
NationsCredit Corporation

                                  Page 2 of 4


ON NATIONSCREDIT LETTERHEAD

March 27, 1998


Price Waterhouse LLP
NationsBank Corporate Center
Suite 5400
100 North Tryon Street
Charlotte, NC 28202

Ladies and Gentlemen:

In connection with the examination performed by you as required by section 
13.11 of the Pooling and Servicing Agreement for the NationsCredit Grantor 
Trust 1996-1 securitization dated as of January 31, 1996 (the "Agreement"), 
between NationsCredit Commercial Corporation (the "Company"), as Servicer, 
NationsCredit Securitization Corporation, as Seller, and Bankers Trust 
Company, as Trustee and Collateral Agent, as of and for the year ended 
December 31, 1997, we confirm to the best of our knowledge and belief, the 
following representations made to you during the performance of your 
examination: (NOTE: Capitalized terms used within this letter without 
definition shall have the meanings assigned in the Agreement.)

1.  We acknowledge management's responsibility for complying with all sections 
    related to servicing the Receivables held by the Trust.
 
2.  We have performed an evaluation of the Company's compliance with 12.3, 
    13.8, 14.1, 14.2, 14.3, 14.6 and 14.7 of the Agreement.
 
3.  As of and for the year ended December 31, 1997, the Company has complied 
    with the aforementioned sections of the Agreement
 
4.  We are not aware of (a) any irregularities involving management or 
    employees who have significant roles in the system of internal accounting 
    control, or any irregularities involving other employees that could have a 
    material effect on the Agreement, or (b) any violations or possible 
    violations of laws or regulations the effects of which should be 
    considered for disclosure in your report.  We have complied with all 
    aspects of the Agreement.
 
5.  We have made available to you all financial records and documentation 
    related to compliance with the specified requirements.
 
6.  We have disclosed any communications from regulatory agencies, internal 
    auditors, and other practitioners concerning possible noncompliance with 
    the specified requirements, including communications through March 27, 
    1998. 

7.  We acknowledge management's responsibility for establishing and 
    maintaining an effective internal control structure over compliance.

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8.   We have disclosed to you any known noncompliance with the aforementioned 
     sections of the Agreement.

9.   We have disclosed to you any known noncompliance occurring through 
     March 27, 1998.

10.  All investments were Permitted Investments as of and for the year ended 
     December 31, 1997.

11.  All deposits to the Collection Account as of and for the year then ended 
     December 31, 1997, were made in accordance with section 14.2 of the 
     Agreement.

12.  We are not aware of any events that would be considered Events of Default 
     as defined in section 18.1 of the Agreement.




/s/ MIKE PARKS
--------------
Mike Parks, SVP
NationsCredit Commercial Corporation



/s/ DAVID DISTEL
----------------
David Distel, SVP
NationsCredit Commercial Corporation



/s/ LAWRENCE ANGELILLI
----------------------
Lawrence Angelilli, Treasurer
NationsCredit Corporation


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