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Exhibit  99.1


                    NATIONSCREDIT DISTRIBUTION FINANCE, INC.
                           ANNUAL OFFICER CERTIFICATE

                       NationsCredit Grantor Trust 1997-1



The  undersigned  certifies  that he is a Senior Vice President 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  April  30,  1997  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 31, 1998 up to and including December 31, 1998 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,  1998.

IN  WITNESS  WHEREOF,  I  have affixed hereto my signature this the 31st  day of
March,  1999.



                                           By: /s/CHRISTOPHER  SPOENEMAN
                                               Christopher  Spoeneman
                                               Senior Vice President

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Exhibit  99.2




                LOAN SERVICING REPORT OF INDEPENDENT ACCOUNTANTS

March  31,  1999

To  the  Board  of  Directors  of
NationsCredit  Distribution  Finance,  Inc.


We  have  examined  management's  assertion  about  NationsCredit  Distribution
Finance,  Inc.'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  April 30, 1997 (the "Agreement") for the NationsCredit Grantor
Trust  1997-1 securitization during the year ended December 31, 1998 included in
the  accompanying  management  assertion.  Management  is  responsible  for
NationsCredit  Distribution  Finance, Inc.'s compliance with those requirements.
Our  responsibility  is  to  express  an opinion on management's assertion about
NationsCredit  Distribution Finance, Inc.'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 Distribution Finance,
Inc.'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 Distribution Finance, Inc.'s
compliance  with  specified  requirements.

In  our  opinion, management's assertion that NationsCredit Distribution Finance
complied  with  the  aforementioned sections of the Agreement for the year ended
December  31,  1998  is  fairly  stated,  in  all  material  respects.




/s/  PRICEWATERHOUSE  COOPERS  LLP





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March  12,  1999

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

Dear  Sirs:

As  of  and  for  the  year  ended December 31, 1998, NationsCredit Distribution
Finance,  Inc.  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  April  30,  1997  for  the
NationsCredit  Grantor  Trust  1997-1  securitization.




/s/  MICHAEL  PARKS
-------------------
Michael  Parks,  SVP
NationsCredit  Distribution  Finance,  Inc.



/s/  CHRISTOPHER  SPOENEMAN
---------------------------
Christopher  Spoeneman,  SVP
NationsCredit  Distribution  Finance,  Inc.



/s/  SUZANNE  CASTLEBERRY
-------------------------
Suzanne  Castleberry,  VP
BankAmerica  Corporation