**Exhibit 99.1**

 

AmeriCreditAutomobile Receivables Trust 2002-BClass A-1 1.90790 %Asset Backed NotesClass A-2 2.71% AssetBacked NotesClass A-3 3.78% AssetBacked NotesClass A-4 4.46% AssetBacked NotesPreliminary Servicer’sCertificate

This Servicer’s Certificate has been preparedpursuant to Section 4.9 of the Sale and Servicing Agreement among AmeriCreditAutomobile Receivables Trust 2002-B, as Issuer, AmeriCredit Financial Services,Inc., as Servicer, AFS Funding Corp., as Seller, and The JPMorgan Chase Bank,as the Backup Servicer and Trust Collateral Agent, dated as of June 4, 2002.  Defined terms have the meanings assigned tothem in the Sale and Servicing Agreement or in other Transaction Documents.

 

The undersigned hereby certifies that noTrigger Event has occurred on the related Determination Date and that, to theknowledge of the Servicer, no Insurance Agreement Event of Default hasoccurred.

 
| **Monthly Period Beginning:**       | 12/01/2002 | ** ** | ** **           | ** ** | **Cut-off** | **Closing** | **Original**     |
|-------------------------------------|------------|------------|----------------------|------------|-------------|-------------|------------------|
| **Monthly Period Ending:**          | 12/31/2002 | ** ** | **Purchases**        | **Units**  | **Date**    | **Date**    | **Pool Balance** |
| **Prev. Distribution/Close  Date:** | 12/06/2002 |       | **Initial Purchase** | 38,103     | 06/04/2002  | 06/12/2002  | $599,999,845     |
| **Distribution Date:**              | 01/06/2003 |       | **Sub. Purchase #1** | 37,205     | 07/03/2002  | 07/11/2002  | $599,999,951     |
| **Days of Interest for Period:**    | 31         |       | ** **           |       |        |        |             |
| **Days in Collection Period:**      | 31         |       |                 |       |        |        |
| **Months Seasoned:**                | 7          |       | **Total**            | 75,308     |        |        | $1,199,999,796   |

 
| ** I.** | **MONTHLY PERIOD RECEIVABLES  PRINCIPAL BALANCE CALCULATION:** |                                                       |     |
|--------------|----------------------------------------------------------------|------------------------------------------------------------|----------|
| **{1}**      | Beginning of period Aggregate Principal  Balance               |                                                       | **{1}**  | $1,075,258,901 |   |
| **{2}**      | Purchase of Subsequent Receivables                             |                                                       |     | **{2}** | 0 |   |
|         | Monthly Principal Amounts                                      |                                                       |     |   |   |   |
|         | **{3}**                                                        | Collections on Receivables outstanding at end  of period   | **{3}**  | 26,459,008 |   |   |   |
|         | **{4}**                                                        | Collections on Receivables paid off during  period         | **{4}**  | 9,541,214 |   |   |   |
|         | **{5}**                                                        | Receivables becoming Liquidated Receivables  during period | **{5}**  | 7,848,790 |   |   |   |
|         | **{6}**                                                        | Receivables becoming Purchased Receivables  during period  | **{6}**  | 0 |   |   |   |
|         | **{7}**                                                        | Other Receivables adjustments                              | **{7}**  | (532) |   |   |   |
|         | **{8}**                                                        | Less amounts allocable to Interest                         | **{8}**  | (14,879,117) |   |   |   |
|         | **{9}**                                                        | Total Monthly Principal Amounts                            |     |   | **{9}** | 28,969,363 |   |
| **{10}**     | End of period Aggregate Principal Balance                      |                                                       | **{10}** | $1,046,289,538 |   |
| **{11}**     | Pool Factor   ({10} / Original Pool Balance)              |                                                       |     | **{11}** | 87.1908097 | % |
|              |                                                                |                                                            |          |  |  |  |  |  |  |  |  |

 
| ** II.** | **MONTHLY  PERIOD NOTE BALANCE CALCULATION:**     | **Class A-1** | **Class A-2** | **Class A-3** | **Class A-4** | **TOTAL**    |
|---------------|---------------------------------------------------|---------------|---------------|---------------|---------------|--------------|
| **{12}**      | Original  Note Balance                            | **{12}**      | $205,000,000  | $353,000,000  | $325,000,000  | $317,000,000 | $1,200,000,000 |
| **{13}**      | Beginning  of period Note Balance                 | **{13}**      | $42,380,543   | $353,000,000  | $325,000,000  | $317,000,000 | $1,037,380,543 |
| **{14}**      | Noteholders’  Principal Distributable Amount | **{14}**      | 28,969,363    | 0             | 0             | 0            | 28,969,363 |
| **{15}**      | Noteholders’  Accelerated Principal Amount   | **{15}**      | 3,782,306     | 0             | 0             | 0            | 3,782,306 |
| **{16}**      | Accelerated  Payment Amount Shortfall             | **{16}**      | 909,042       | 0             | 0             | 0            | 909,042 |
| **{17}**      | Deficiency  Claim Amount                          | **{17}**      | 0             | 0             | 0             | 0            | 0 |
| **{18}**      | End  of period Note Balance                       | **{18}**      | $8,719,832    | $353,000,000  | $325,000,000  | $317,000,000 | $1,003,719,832 |
| **{19}**      | Note  Pool Factors  ({18} / {12})            | **{19}**      | 4.2535766%    | 100.0000000%  | 100.0000000%  | 100.0000000% | 83.6433193% |

 

 

1

----

 
| ** III.** | **RECONCILIATION OF PRE-FUNDING  ACCOUNT:**          |     |   |   |
|----------------|------------------------------------------------------|----------|--------|--------|
| **{20}**       | Beginning  of period Pre-Funding Account balance     | **{20}** |   | $0     |
| **{21}**       | Purchase  of Subsequent Receivables                  | **{21}** | 0      |   |
| **{22}**       | Investment  Earnings                                 | **{22}** | 0      |   |
| **{23}**       | Investment  Earnings Transfer to Collections Account | **{23}** | 0      |   |
| **{24}**       | Payment  of Mandatory Prepayment Amount              | **{24}** | 0      |   |
| **{25}**       | Total  Month Activity                                | **{25}** |   | 0      |
| **{26}**       | End  of period Pre-Funding Account balance           | **{26}** |   | $0     |

 
| ** IV.** | **CALCULATION OF PRINCIPAL  DISTRIBUTABLE AMOUNT**  |     |          |        |
|---------------|-----------------------------------------------------|----------|---------------|-------------|
| **{27}**      | Total  Monthly Principal Amounts                    | **{27}** |          | $28,969,363 |
| **{28}**      | Required  Pro-forma Note Balance                    | **{28}** | 952,123,480   |        |
| **{29}**      | Pro-forma  Note Balance                             | **{29}** | 1,008,411,180 |        |
| **{30}**      | Step-down  Amount  (Max of 0 or ({28} - {29})  | **{30}** |          | 0           |
| **{31}**      | Principal  Distributable Amount  ({27} - {30}) | **{31}** |          | $28,969,363 |

 
| ** V.** | **RECONCILIATION OF CAPITALIZED  INTEREST ACCOUNT:**             |     |   |   |
|--------------|------------------------------------------------------------------|----------|--------|--------|
| **{32}**     | Beginning  of period Capitalized Interest   Account balance | **{32}** |   | $0     |
| **{33}**     | Monthly  Capitalized Interest Amount                             | **{33}** | 0      |   |
| **{34}**     | Investment  Earnings                                             | **{34}** | 0      |   |
| **{35}**     | Investment  Earnings Transfer to Collections Account             | **{35}** | 0      |   |
| **{36}**     | Payment  of Overfunded Capitalized Interest Amount               | **{36}** | 0      |   |
| **{37}**     | Payment  of Remaining Capitalized Interest Account               | **{37}** | 0      |   |
| **{38}**     | Total  Monthly Activity                                          | **{38}** |   | 0      |
| **{39}**     | End  of period Capitalized Interest Account balance              | **{39}** |   | $0     |

 
| ** VI.** | **RECONCILIATION OF COLLECTION  ACCOUNT:**               | ** **                                                                       | ** **                   | ** **               |
|---------------|----------------------------------------------------------|----------------------------------------------------------------------------------|------------------------------|--------------------------|
| ** **    | **Available Funds:**                                     | ** **                                                                       | ** **                   | ** **               |
| ** **    | **{40}**                                                 | Collections on Receivables during period (net  of Liquidation Proceeds and Fees) | **{40}**                     | $35,766,563              |   |
| ** **    | **{41}**                                                 | Liquidation Proceeds collected during period                                     | **{41}**                     | 2,250,708                |   |
| ** **    | **{42}**                                                 | Purchase Amounts deposited in Collection                                         | **{42}**                     |                     |   |
| ** **    | **{43}**                                                 | Investment Earnings - Collection Account                                         | **{43}**                     | 29,047                   |   |
| ** **    | **{44}**                                                 | Investment Earnings - Transfer From Prefunding  Account                          | **{44}**                     | 0                        |   |
| ** **    | **{45}**                                                 | Investment Earnings - Transfer From  Capitalized Interest Account                | **{45}**                     | 0                        |   |
| ** **    | **{46}**                                                 | Collection of Supplemental Servicing -  Extension Fees                           | **{46}**                     | 239,355                  |   |
| ** **    | **{47}**                                                 | Collection of Supplemental Servicing - Repo  and Recovery Fees Advanced          | **{47}**                     | 168,996                  |   |
| ** **    | **{48}**                                                 | Collection of Supplemental Servicing - Late  Fees                                | **{48}**                     | 130,858                  |   |
| ** **    | **{49}**                                                 | Monthly Capitalized Interest Amount                                              | **{49}**                     | 0                        |   |
| ** **    | **{50}**                                                 | Mandatory Note Prepayment Amount                                                 | **{50}**                     | 0                        |   |
| ** **    | **{51}**                                                 | Total Available Funds                                                            | **{51}**                     |                     | 38,585,527 |
| ** **    | ** **                                               | ** **                                                                       | ** **                   | ** **               | ** ** |
| ** **    | **Distributions:**                                       | ** **                                                                       | ** **                   | ** **               |
| ** **    | **{52}**                                                 | Base Servicing Fee -  to Servicer                                           | **{52}**                     | 2,016,110                | ** ** |
| ** **    | **{53}**                                                 | Repo and Recovery Fees - reimbursed to  Servicer                                 | **{53}**                     | 168,996                  | ** ** |
| ** **    | **{54}**                                                 | Bank Service Charges - reimbursed to Servicer                                    | **{54}**                     | 6,287                    | ** ** |
| ** **    | **{55}**                                                 | Late Fees - to Servicer                                                          | **{55}**                     | 130,858                  | ** ** |
| ** **    | **{56}**                                                 | Agent fees - to Trustee                                                          | **{56}**                     | 0                        | ** ** |
|          |                                                     |                                                                             |                         |                     |   |
| ** **    |                                                     | **Noteholders’ Interest  Distributable Amount**                        |                         |                     | ** ** |
| ** **    | ** **                                               | **Class**                                                                        | **Beginning  Note  Balance** | **Interest  Carryover**  | **Interest  Rate** | **Days** | **Days  Basis** | **Calculated  Interest** |   |   | ** ** |
| ** **    | **{57}**                                                 | Class A - 1                                                                      | $42,380,543                  | 0                        | 1.90790% | 31 | Actual  days/360 | $69,628 | **{57}** | 69,628 | ** ** |
| ** **    | **{58}**                                                 | Class A - 2                                                                      | 353,000,000                  | 0                        | 2.71000% | 30 | 30/360 | 797,192 | **{58}** | 797,192 | ** ** |
| ** **    | **{59}**                                                 | Class A - 3                                                                      | 325,000,000                  | 0                        | 3.78000% | 30 | 30/360 | 1,023,750 | **{59}** | 1,023,750 | ** ** |
| ** **    | **{60}**                                                 | Class A - 4                                                                      | 317,000,000                  | 0                        | 4.46000% | 30 | 30/360 | 1,178,183 | **{60}** | 1,178,183 | ** ** |
|          |                                                     |                                                                             |                         |                     |   |
|          |                                                     | **Noteholders' Principal  Distributable Amount**                                 |                         |                     |   |
| ** **    | ** **                                               | **Class**                                                                        | **Principal  Distributable** | **Principal  Carryover** | **Excess  Principal  Due** | **Mandatory  Note  Prepayment** | **Total****Principal** | ** ** | ** ** | ** ** |
| ** **    | **{61}**                                                 | Class A - 1                                                                      | $28,969,363                  | 0                        | 0 | 0 | $28,969,363 | **{61}** | 28,969,363 | ** ** |
| ** **    | **{62}**                                                 | Class A - 2                                                                      | 0                       | 0                        | 0 | 0 | 0 | **{62}** | 0 | ** ** |
| ** **    | **{63}**                                                 | Class A - 3                                                                      | 0                       | 0                        | 0 | 0 | 0 | **{63}** | 0 | ** ** |
| ** **    | **{64}**                                                 | Class A - 4                                                                      | 0                       | 0                        | 0 | 0 | 0 | **{64}** | 0 | ** ** |
| ** **    |                                                     |                                                                             |                         |                     |   |
|          | **{65}**                                                 | Security Insurer Premiums - to FSA                                          | **{65}**                     | 442,854                  |   |
|          |                                                     |                                                                             |                         |                     |   |
| ** **    | **{66}**                                                 | Total distributions                                                         | **{66}**                     |                     | 34,803,221 |
|          |                                                     |                                                                             |                         |                     |   |
| **{67}**      | Excess Available Funds (or Deficiency Claim  Amount)     | **{67}**                                                                         |                         | 3,782,306                |
|          |                                                     |                                                                             |                         |                     |
| **{68}**      | Deposit to Spread Account to Increase to  Required Level | **{68}**                                                                         |                         | 0                        |
|          |                                                     |                                                                             |                         |                     |
| **{69}**      | Noteholders’ Accelerated Principal Amount           | **{69}**                                                                         |                         | 3,782,306                |
|          |                                                     |                                                                             |                         |                     |
| **{70}**      | Deposit to Spread Account                                | **{70}**                                                                         |                         | $0                       |
|               |                                                          |                                                                                  |                              |                          |  |  |  |  |  |  |  |  |  |  |  |  |  |

 

2

----

 
| **VlI.**  | **CALCULATION OF ACCELERATED  PRINCIPAL AMOUNT**                                |       |           |        |
|-----------|---------------------------------------------------------------------------------|------------|----------------|-------------|
| **{71}**  | Excess Available Funds After Amount to  Increase Spread to Required Level       | **{71}**   | $3,782,306     |        |
| **{72}**  | Pro Forma Note Balance  ({13} - {9})                                       | **{72}**   | 1,008,411,180  |        |
| **{73}**  | Required Pro Forma Note Balance  (91.0% x ({10} + {26}))                   | **{73}**   | 952,123,480    |        |
| **{74}**  | Excess of Pro Forma Balance over Required  Balance  ({72} - {73})          | **{74}**   | 56,287,700     |        |
| **{75}**  | End of Period Class A-1 Note Balance  Prior  to Accelerated Principal      | **{75}**   | 13,411,180     |        |
| **{76}**  | Lesser of {74} or {75}                                                          | **{76}**   | 13,411,180     |        |
| **{77}**  | Accelerated Principal Amount (lesser of  {71} or {76})                     | **{77}**   |           | $3,782,306  |
|      |                                                                            |       |           |        |
| **VIII.** | **CALCULATION OF ACCELERATED  PAYMENT AMOUNT SHORTFALL**                        | ** ** |           |        |
| **{78}**  | Pro Forma Note Balance  ({13} - {9})                                       | **{78}**   | $1,008,411,180 |        |
| **{79}**  | Required Pro Forma Note Balance  (91.0% x ({10} + {26}))                   | **{79}**   | 952,123,480    |        |
| **{80}**  | Excess of Pro Forma Balance over Required  Balance  ({78} - {79})          | **{80}**   | 56,287,700     |        |
| **{81}**  | End of Period   Class A-1 Note Balance                                     | **{81}**   | 8,719,832      |        |
| **{82}**  | Greater of {80} or {81}                                                         | **{82}**   | 56,287,700     |        |
| **{83}**  | Excess Available Funds  After Amount to Increase Spread to  Required Level | **{83}**   | 3,782,306      |        |
| **{84}**  | Investment Earnings on Collection Account  ({43})                          | **{84}**   | 29,047         |        |
| **{85}**  | Accelerated Payment Amount Shortfall ({82} -  {83} + {84})                      | **{85}**   |           | $52,534,441 |

 
| **IX.**   | **RECONCILIATION OF SPREAD  ACCOUNT:**                                                                                                | **Initial**                                                                                       | **Sub #1**  | **Sub #2** | **Sub #3** |        |
|-----------|---------------------------------------------------------------------------------------------------------------------------------------|---------------------------------------------------------------------------------------------------|-------------|------------|------------|-------------|
|      |                                                                                                                                  |                                                                                              |        |       |       |        | **Total** |
| **{86}**  | **Initial or Subsequent Spread  Account Deposits**                                                                                    | $11,999,997                                                                                       | $11,999,999 | $0         | $0         | $23,999,996 |
| **{87}**  | **Beginning of period Spread  Account balance**                                                                                       |                                                                                              |        | **{87}**   |       | $32,257,767 |
|      | **Additions to Spread Account**                                                                                                       |                                                                                              |        |       |       |        |
|      | **{88}**                                                                                                                              | Deposits from Collections Account                                                                 | **{88}**    | 0          |       |
|      | **{89}**                                                                                                                              | Investment Earnings                                                                               | **{89}**    | 39,961     |       |
|      | **{90}**                                                                                                                              | Deposits Related to Subsequent Receivables  Purchases                                             | **{90}**    | 0          |       |
|      | **{91}**                                                                                                                              | Total Additions                                                                                   | **{91}**    |       | 39,961     |
| **{92}**  | **Spread Account balance  available for  withdrawals**                                                                           | **{92}**                                                                                          |        | 32,297,728 |
|      | **Requisite Amount of Spread  Account**                                                                                               |                                                                                              |        |       |
|      | **    During  Funding Period (The amount below will be zero after the funding period.)**                          |                                                                                              |        |       |
|      | **{93}**                                                                                                                              | 3% of the Aggregate Principal Balance and the  Pre-Funded Amount                                  | **{93}**    | 0          |       |
|      | **    After  Funding Period  (All amounts below  will be zero if not applicable or during funding period.)** |                                                                                              |        |       |
|      |                                                                                                                                  | Floor Amount   (Calculation Below)                                                      | =           | 17,999,997 |       |        |   |   |
|      | **{94}**                                                                                                                              | (Max of   (1.) $100,000 or (2.) Lesser of Note Balance and 1.5% Original Pool  Balance)      | **{94}**    | 0          |       |
|      | **{95}**                                                                                                                              | Recourse Reduction Amount  (if any)                                                          | **{95}**    | 0          |       |
|      | **{96}**                                                                                                                              | If OC percentage is less than 12%, then 3% of  Aggr. End Balance                                  | 31,388,686  | **{96}**   | 31,388,686 |        |
|      | **{97}**                                                                                                                              | If OC % is equal to or greater than 12.00%,  then (12%-OC level)*Aggr Prin Bal                    | 0           | **{97}**   | 0          |        |
|      | **{98}**                                                                                                                              | If Trigger Event exists then 16% of the  Aggregate Principal Balance                              | **{98}**    | 0          |       |
|      | **{99}**                                                                                                                              | If an Insurance Agreement Event of Default  exists then an unlimited amount (as specified by FSA) | **{99}**    | 0          |       |
|      | **{100}**                                                                                                                             | Requisite Amount of Spread Account                                                                | **{100}**   |       | 31,388,686 |
|      |                                                                                                                                  |                                                                                              |        |       |       |
|      | **Withdrawals from Spread  Account**                                                                                                  |                                                                                              |        |       |
|      | **{101}**                                                                                                                             | Priority First - Deficiency Claim Amount                                                          | **{101}**   | 0          |       |
|      |                                                                                                                                  | Priority Second - Accelerated Payment Amount  Shortfall                                           | =           | 52,534,441 |       |        |   |   |
|      | **{102}**                                                                                                                             |     Accelerated Payment  Amount Shortfall in Excess of Requisite Amount       | **{102}**   | 909,042    |       |
|      | **{103}**                                                                                                                             | Priority Third through Fourth                                                                     | **{103}**   |       |       |
|      | **{104}**                                                                                                                             | Priority Fifth through Sixth                                                                      | **{104}**   |       |       |
|      | **{105}**                                                                                                                             | Priority Seventh - to Servicer                                                                    | **{105}**   | 0          |       |
|      | **{106}**                                                                                                                             | Total withdrawals                                                                                 | **{106}**   |       | 909,042    |
|      |                                                                                                                                  |                                                                                              |        |       |       |
| **{107}** | **End of period Spread Account  balance**                                                                                             | **{107}**                                                                                         |        | 31,388,686 |
|           |                                                                                                                                       |                                                                                                   |             |            |            |             |  |  |  |  |  |  |  |  |

 
| **X.** | **CALCULATION OF OC LEVEL AND  OC PERCENTAGE** |                                                                                                        |      |          |
|--------|------------------------------------------------|-------------------------------------------------------------------------------------------------------------|-----------|---------------|
|   | **{108}**                                      | Aggregate  Principal Balance                                                                                | **{108}** | 1,046,289,538 |   |
|   | **{109}**                                      | End  of period Note Balance                                                                                 | **{109}** | 1,003,719,832 |   |
|   | **{110}**                                      | Line  {108} less line {109} (During Funding Period amount equal to zero)                                    | **{110}** | 42,569,706    |   |
|   | **{111}**                                      | OC  level     {110} / {108}                                                             | **{111}** | 4.07%         |   |
|   | **{112}**                                      | Ending  Spread Bal as a percentage of Aggregate Principal Bal plus Prefunding  Bal  ({107}/{108}+{26}) | **{112}** | 3.00%         |   |
|   | **{113}**                                      | OC  Percentage ({111} + {112})                                                                              | **{113}** |          | **7.07%** |

 
| By:    | /s/Connie  Coffey                          |
|--------|--------------------------------------------|
| Name:  | Connie  Coffey                             |
| Title: | Senior  Vice President, Treasury Reporting |
| Date:  | January 2, 2003                            |

 

3

----

 

AmeriCredit AutomobileReceivables Trust 2002-B

Class A-1 1.90790% AssetBacked Notes

Class A-2 2.71% Asset BackedNotes

Class A-3 3.78% Asset BackedNotes

Class A-4 4.46% Asset BackedNotes

Servicer’s Certificate

 

This Servicer’s Certificate has been prepared pursuant to Section4.9 of the Sale and Servicing Agreement among AmeriCredit AutomobileReceivables Trust 2002-B, as Issuer, AmeriCredit Financial Services, Inc., asServicer, AFS Funding Corp., as Seller, and The JPMorgan Chase Bank, as the Backup Servicer andTrust Collateral Agent, dated as of June 4, 2002.  Defined terms have the meanings assigned to them in the Sale andServicing Agreement or in other Transaction Documents.

 

The undersigned hereby certifies that no Trigger Event hasoccurred on the related Determination Date and that, to the knowledge of theServicer, no Insurance Agreement Event of Default has occurred.

 
| **Monthly Period Beginning:**      | 12/01/2002 |
|------------------------------------|------------|
| **Monthly Period Ending:**         | 12/31/2002 |
| **Prev. Distribution/Close Date:** | 12/06/2002 |
| **Distribution Date:**             | 01/06/2003 |
| **Days of Interest for Period:**   | 31         |
| **Days in Collection Period:**     | 31         |
| **Months Seasoned:**               | 7          |

 
| **I.**  | **MONTHLY PERIOD NOTE BALANCE CALCULATION:** | **Class A-1** | **Class A-2** | **Class A-3** | **Class A-4** | **TOTAL**    |
|---------|----------------------------------------------|---------------|---------------|---------------|---------------|--------------|
| **{1}** | Original Note Balance                        | **{1}**       | $205,000,000  | $353,000,000  | $325,000,000  | $317,000,000 | $1,200,000,000 |
|    |                                         |          |          |          |          |         |   |   |   |   |   |   |   |
| **{2}** | Preliminary End of period Note Balance       | **{2}**       | $8,719,832    | $353,000,000  | $325,000,000  | $317,000,000 | $1,003,719,832 |
|    |                                         |          |          |          |          |         |   |   |   |   |   |   |   |
| **{3}** | Deficiency Claim Amount                      | **{3}**       | 0             | 0             | 0             | 0            | 0 |
|    |                                         |          |          |          |          |         |   |   |   |   |   |   |   |
| **{4}** | End of period Note Balance                   | **{4}**       | $8,719,832    | $353,000,000  | $325,000,000  | $317,000,000 | $1,003,719,832 |
|    |                                         |          |          |          |          |         |   |   |   |   |   |   |   |
| **{5}** | Note Pool Factors  {4} /  {1}           | **{5}**       | 4.2535766%    | 100.0000000%  | 100.0000000%  | 100.0000000% | 83.6433193% |

 
| **II.** | **RECONCILIATION OF SPREAD ACCOUNT:**                                  |    |        |   |
|---------|------------------------------------------------------------------------|---------|-------------|--------|
|    |                                                                   |    |        |   |   |   |   |   |   |   |
| **{6}** | Preliminary End of period Spread Account balance                       | **{6}** | $31,388,686 |
|    |                                                                   |    |        |   |   |   |   |   |   |   |
| **{7}** | Priority First - Deficiency Claim Amount from preliminary  certificate | **{7}** | 0           |
|    |                                                                   |    |        |   |   |   |   |   |   |   |
| **{8}** | End of period Spread Account balance                                   | **{8}** | $31,388,686 |

 
| **III.** | **MONTHLY PERIOD AND CUMULATIVE NUMBER OF  RECEIVABLES CALCULATION:** |   |   |     |
|----------|-----------------------------------------------------------------------|--------|--------|----------|
|     |                                                                  |   |   |     |   |   |   |   |   |   |   |   |   |
|     |                                                                  |   |   |     |   |   |   |   |   |   |   | **Cumulative** | **Monthly** |
| **{9}**  | Original Number of Receivables                                        |   |   |     | **{9}** | 38,103 |   |
| **{10}** | Beginning of period number of Receivables                             |   |   |     | **{10}** | 0 | 70,413 |
| **{11}** | Number of Subsequent Receivables Purchased                            |   |   |     | **{11}** | 37,205 | 0 |
| **{12}** | Number of Receivables becoming Liquidated Receivables during  period  |   |   | **{12}** | 1,653 | 596 |
| **{13}** | Number of Receivables becoming Purchased Receivables during period    |   |   | **{13}** | 0 | 0 |
| **{14}** | Number of Receivables paid off during period                          |   |   |     | **{14}** | 4,600 | 762 |
| **{15}** | End of period number of Receivables                                   |   |   |     | **{15}** | 69,055 | 69,055 |

 
| **IV.**  | **STATISTICAL DATA:  (CURRENT AND HISTORICAL)** |     |    |       |        |
|----------|------------------------------------------------------|----------|---------|------------|-------------|
|     |                                                 |     |    |       |        |   |   |   |   |   |   |
|     |                                                 |     |    |       |        |   |   |   | **Original** | ** Prev. Month** | **Current** |
| **{16}** | Weighted Average APR of the Receivables              | **{16}** | 17.31%  | 17.37%     | 17.36%      |
| **{17}** | Weighted Average Remaining Term of the Receivables   | **{17}** | 61.00   | 55.38      | 54.47       |
| **{18}** | Weighted Average Original Term of Receivables        | **{18}** | 63.00   | 63.00      | 63.00       |
| **{19}** | Average Receivable Balance                           | **{19}** | $15,935 | $15,271    | $15,152     |
| **{20}** | Aggregate Realized Losses                            | **{20}** | $0      | $9,670,222 | $15,268,304 |

 
| **V.** | **DELINQUENCY:**                              |                                                                              |      |        |           |
|--------|-----------------------------------------------|-----------------------------------------------------------------------------------|-----------|-------------|----------------|
|   |                                          |                                                                              |      |        |           |   |   |   |   |   |   |   |   |
|   | Receivables with Scheduled Payment delinquent |                                                                              | **Units** | **Dollars** | **Percentage** |
|   | **{21}**                                      | 31-60 days                                                                        | **{21}**  | 5,557       | $84,997,995    | 7.90% |
|   | **{22}**                                      | 61-90 days                                                                        | **{22}**  | 1,461       | 21,559,743     | 2.00% |
|   | **{23}**                                      | over 90 days                                                                      | **{23}**  | 727         | 10,963,805     | 1.02% |
|   | **{24}**                                      | Receivables with Scheduled Payment delinquent more than 30 days  at end of period | **{24}**  | 7,745       | $117,521,543   | 10.92% |
|        |                                               |                                                                                   |           |             |                |  |  |  |  |  |  |  |  |

 

4

----

 

 
| **VI.** | **PERFORMANCE TESTS:** |
|---------|------------------------|

 
|   | **Delinquency Ratio** |                                                                                            |     |          |
|--------|-----------------------|-------------------------------------------------------------------------------------------------|----------|---------------|
|   | **{25}**              | Receivables with Scheduled Payment delinquent more than 60 days  at end of period ({22} + {23}) | **{25}** | $32,523,548   |   |
|   | **{26}**              | Purchased Receivables with Scheduled Payment delinquent more  than 60 days at end of period     | **{26}** |          |   |
|   | **{27}**              | Beginning of period Principal Balance                                                           | **{27}** | 1,075,258,901 |   |
|   | **{28}**              | Delinquency Ratio {25} + {26} divided by {27}                                                   | **{28}** |          | 3.02% |
|   | **{29}**              | Previous Monthly Period Delinquency Ratio                                                       | **{29}** |          | 2.79% |
|   | **{30}**              | Second previous Monthly Period Delinquency Ratio                                                | **{30}** |          | 2.44% |
|   |                  |                                                                                            |     |          |   |
|   | **{31}**              | Average Delinquency Ratio ({28} + {29} + {30}) / 3                                              | **{31}** |          | 2.75% |
|   |                  |                                                                                            |     |          |   |
|   | **{32}**              | Compliance (Delinquency Test Failure is a Delinquency Ratio  equal to or greater than 5.00%.)   | **{32}** |          | yes |
|   |                  |                                                                                            |     |          |   |

 
|   | **Cumulative Default Rate** |                                                                                            |     |          |
|--------|-----------------------------|-------------------------------------------------------------------------------------------------|----------|---------------|
|   | **{33}**                    | Defaulted Receivables in Current Period                                                         | **{33}** | $10,984,754   |   |
|   | **{34}**                    | Cumulative Defaulted Receivables from last month                                                | **{34}** | 32,474,686    |   |
|   | **{35}**                    | Cumulative Defaulted Receivables {33} + {34}                                                    | **{35}** | 43,459,440    |   |
|   | **{36}**                    | Original Pool Balance                                                                           | **{36}** | 1,199,999,796 |   |
|   | **{37}**                    | Cumulative Default Rate {35} divided by {36}                                                    | **{37}** |          | 3.62% |
|   |                        |                                                                                            |     |          |   |
|   | **{38}**                    | Compliance (Default Test Failure is a Cumulative Default Rate  equal to or greater than 8.24%.) | **{38}** |          | yes |
|   |                        |                                                                                            |     |          |   |

 
|   | **Cumulative Net Loss Rate** |                                                                                        |     |          |
|--------|------------------------------|---------------------------------------------------------------------------------------------|----------|---------------|
|   | **{39}**                     | Receivables becoming Liquidated Receivables during period                                   | **{39}** | $7,848,790    |   |
|   | **{40}**                     | Purchased Receivables with Scheduled Payment delinquent more  than 30 days at end of period | **{40}** |          |   |
|   | **{41}**                     | Liquidation Proceeds collected during period                                                | **{41}** | (2,250,708)   |   |
|   | **{42}**                     | Net Losses during period {39} + {40} + {41}                                                 | **{42}** | 5,598,082     |   |
|   | **{43}**                     | Net Losses since Initial Cut-off Date (Beginning of Period)                                 | **{43}** | 9,670,222     |   |
|   | **{44}**                     | **Cumulative Net Loss Rate before 50% of 90 Day  Delinquencies ({42} + {43}) / {46}**       | **{44}** |          | **1.27%** |
|   | **{45}**                     | 50% of Receivables with Scheduled Payment delinquent more than  90 days at end of period    | **{45}** | 11,031,769    |   |
|   | **{46}**                     | Original Aggregate Principal Balance plus Pre-Funded Amount as  of the Closing Date         | **{46}** | 1,200,000,000 |   |
|   | **{47}**                     | Cumulative Net Loss Rate ({42} + {43} + {45}) / {46}                                        | **{47}** |          | 2.19% |
|   |                         |                                                                                        |     |          |   |
|   | **{48}**                     | Compliance (Net Loss Test Failure is a Net Loss Rate equal to or  greater than 4.80%.)      | **{48}** |          | yes |
|   |                         |                                                                                        |     |          |   |

 
|   | **Extension Rate** |                                                                                         |     |          |
|--------|--------------------|----------------------------------------------------------------------------------------------|----------|---------------|
|   | **{49}**           | Principal Balance of Receivables extended during current period                              | **{49}** | $28,027,839   |   |
|   | **{50}**           | Beginning of Period Aggregate Principal Balance                                              | **{50}** | 1,075,258,901 |   |
|   | **{51}**           | Extension Rate {49} divided by {50}                                                          | **{51}** |          | 2.61% |
|   | **{52}**           | Previous Monthly Extension Rate                                                              | **{52}** |          | 1.17% |
|   | **{53}**           | Second previous Monthly Extension Rate                                                       | **{53}** |          | 0.49% |
|   |               |                                                                                         |     |          |   |
|   | **{54}**           | Average Extension Rate ({51} +{52} +{53}) / 3                                                | **{54}** |          | 1.42% |
|   |               |                                                                                         |     |          |   |
|   | **{55}**           | Compliance (Extension Test Failure is an Extension Rate equal to  or greater than 4%.)  | **{55}** |          | yes |
|   |               |                                                                                         |     |          |   |

 
| By:    |   | /s/Connie  Coffey                         |
|--------|--------|-------------------------------------------|
| Name:  |   | Connie  Coffey                            |
| Title: |   | Senior Vice President, Treasury Reporting |
| Date:  |   | January 2, 2003                           |

 

5

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