Exhibit 33.2

LOGO

Report of Management on Assessment of Compliance

with SEC Regulation AB Servicing Criteria



|1. | First Data Resources, LLC, through its affiliate REMITCO, LLC (jointly, the Asserting Party) is responsible for assessing compliance as of and for the
12-month period ending December 31, 2009 (the Reporting Period) with the servicing criteria applicable to it under the Security and Exchange Commissions Regulation AB Section 229.1122(d)  all servicing criteria
except for the criteria set forth in Sections 229.1122(d)(1)(i)-(iv), 1122(d)(2)(i)-(vii), 1122(d)(3)(i)-(iv), 1122(d)(4)(i)-(iii), 1122(d)(4)(iv) (except with respect to the servicing of transactions on the remittance payment platform relating to
the opening, listing, and depositing of remittance payments mailed to post office boxes serviced by the Asserting Party pursuant to the agreements between the Asserting Party and Capital One Services, LLC, together with its affiliates, Capital One
Bank (USA), National Association (formerly known as Capital One Bank) and Capital One Auto Finance, Inc. (the Transaction Agreements)), and 1122(d)(4)(v)-(xv) (such criteria, after giving effect to the preceding exceptions, the
Applicable Servicing Criteria). With respect to Item 1122(d)(4)(iv), the Asserting Partys responsibility is limited to the opening, listing, and depositing of remittance payments mailed to post office boxes serviced by the
Asserting Party as required and pursuant to the Transaction Agreements, and the Asserting Party does not take responsibility for any other matters.
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|2. | The Asserting Party used the Applicable Servicing Criteria to assess its compliance with the Applicable Servicing Criteria;
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|3. | The Asserting Party has complied, in all material respects, with the Applicable Servicing Criteria as of December 31, 2009, and for the Reporting Period with
respect to the opening, listing, and depositing of remittance payments mailed to post office boxes serviced by the Asserting Party as required and pursuant to the Transaction Agreements;
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|4. | Ernst & Young LLP, a registered public accounting firm, has issued an attestation report on the Asserting Partys assessment of compliance with the
Applicable Servicing Criteria as of December 31, 2009 and for the Reporting Period.
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|First | Data Resources, LLC and REMITCO, LLC
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|       |  |                     
|------ |  | --------------------
|By:    |  | /s/ Tim Rosenthal   
|Name:  |  | Tim Rosenthal       
|Title: |  | SVP & GM, Operations



|February | 18, 2010
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firstdata.com