##### 



1.
    
    Investor Interest as of December 31, 2005Class A
    
    $
    513,700,000.00Class B
    
    
    22,341,000.00Class C
    
    
    13,959,000.00Class D Certificate
    
    
    8,375,000.00Total Investor Interest
    
    $
    558,375,000.002.
    
    3- Month LIBOR as per reset dates:March 11, 2005
    
    
    3.01000
    %June 13, 2005
    
    
    3.41000
    %September 13, 2005
    
    
    3.87000
    %December 13, 2005
    
    
    4.49125
    %3.
    
    Determination of Certificate Rates:a) Class A: 3-Month LIBOR plus 16 basis pointsb) Class B: 3-Month LIBOR plus 42 basis pointsc) Class C: 3-Month LIBOR plus 77 basis pointsd) As per loan agreement4.
    
    Servicing Fee Rate
    
    
    0.50000
    %5.
    
    Receivable Balances as of December 31, 2005Aggregate Receivables
    
    $
    1,137,761,095.21Finance Charge Receivables
    
    
    19,403,081.60Principal Receivables
    
    $
    1,118,358,013.616.
    
    Annual Servicers Fee
    
    $
    2,791,875.007.
    
    Aggregate Investor Default Amount
    
    $
    293,443.408.
    
    Floating Investor Interest as of December 31, 2005
    
    
    49.92811
    %9.
    
    Transferor Interest as of December 31, 2005
    
    $
    559,983,013.6110.
    
    2005 Aggregate Collections(a) Principal Receivables
    
    $
    3,026,793,154.89(b) Finance Charge Receivables (inc. net recoveries, if any)
    
    
    68,266,033.81(c) Principal and Finance Charge Receivables
    
    
    3,095,059,188.70(d) Late Charges
    
    
    8,954,432.72(e) Total Collections
    
    $
    3,104,013,621.4211.
    
    Delinquencies as of December 31, 2005(a) 30 days delinquent
    
    $
    3,585,613.88(b) 60 days delinquent
    
    
    1,803,876.25(c) 90 days delinquent
    
    
    2,408,577.04(d) 120 + days delinquent
    
    
    1,472,903.32
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##### 



(e) Total 30 + days delinquent
    
    $
    9,270,970.4912.
    
    2004 Aggregate Default Amount
    
    
    587,731.8613.
    
    AFCO is Servicer?
    
    Yes14.
    
    2004 Aggregate Allocation and Application of Collections:(a) Class A Available Funds
    
    $
    35,469,995.45(b) Class A Optimal Interest
    
    
    18,389,050.91(c) Class A Monthly Interest
    
    
    18,389,050.91(d) Class A Deficiency Amount
    
    
    (e) Class A Additional Interest
    
    
    (f) Class A Servicing Fee
    
    
    2,568,500.00(g) Unpaid Class A Servicing from prior periods
    
    
    (h) Class A Investor Default Amount
    
    
    269,965.30(i) Class A contribution to Excess Spread
    
    
    14,242,479.24(j) Class B Available Funds
    
    $
    1,542,603.01(k) Class B Optimal Interest
    
    
    858,478.55(l) Class B Monthly Interest
    
    
    858,478.55(m) Class B Deficiency Amount
    
    
    (n) Class B Additional Interest
    
    
    (o) Class B Servicing Fee
    
    
    111,705.00(p) Unpaid Class B Servicing from prior periods
    
    
    (q) Class B contribution to Excess Spread
    
    
    572,419.46(r) Class C Available Funds
    
    $
    963,842.06(s) Class C Servicing Fee (if NOT AFCO)
    
    
    (t) Class C Interest contribution to Excess Spread
    
    
    963,842.06(u) Total Excess Spread
    
    $
    15,778,740.77(v) Class A Required Amount
    
    
    (w) Unreimbursed Class A Investor Charge-Offs
    
    
    (x) Class B
Required Amount (includes Class B Investor Default Amount)
    
    
    11,740.89(y) Unreimbursed Class B Investor Charge-Offs
    
    
    (z) Class C Monthly Interest
    
    
    585,789.94(aa) Coll. Int. Svcg Fee (if AFCO)
    
    
    69,795.00(ab) Collateral Interest Default Amount
    
    
    7,335.89(ac) Unreimbursed Collateral Interest Charge-Offs
    
    
    (ad) Reserve Account Funding Date month
    
    
    24(ae) Reserve Fund Cap
    
    
    0.30
    %(af) Required Reserve Account Amount
    
    $
    (ag) Reserve Account Balance
    
    $
    (ah) Payable under the Loan Agreement
    
    $
    (ai) Class A Shortfall Amount
    
    $
    (aj) Class B Shortfall Amount
    
    $
    
 AFCO CREDIT CORPORATION, as ServicerBy
    
    /s/ Bruce R. GoldName: Bruce R. GoldTitle: Senior Vice
President & Chief Financial Officer
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