# EDGAR Filing Document

**Accession Number:** 0001260125
**File Stem:** 0001104659-23-007372
**Filing Date:** 2023-1
**Character Count:** 22249
**Document Hash:** 63bc91464a921e36ed8a1972e65ff238
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001104659-23-007372.hdr.sgml**: 20230127

**ACCESSION NUMBER**: 0001104659-23-007372

**CONFORMED SUBMISSION TYPE**: 10-D

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20221231

**FILED AS OF DATE**: 20230127

**DATE AS OF CHANGE**: 20230127

**ABS ASSET CLASS**: Auto loans

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Hyundai Auto Receivables Trust 2020-C
- **CENTRAL INDEX KEY:** 0001826501
- **STANDARD INDUSTRIAL CLASSIFICATION:** ASSET-BACKED SECURITIES [6189]
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 10-D
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 333-229037-05
- **FILM NUMBER:** 23560888

**BUSINESS ADDRESS:**
- **STREET 1:** 3161 MICHELSON DRIVE
- **STREET 2:** SUITE 1900
- **CITY:** IRVINE
- **STATE:** CA
- **ZIP:** 92612
- **BUSINESS PHONE:** 949-732-2697

**MAIL ADDRESS:**
- **STREET 1:** 3161 MICHELSON DRIVE
- **STREET 2:** SUITE 1900
- **CITY:** IRVINE
- **STATE:** CA
- **ZIP:** 92612
**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** HYUNDAI ABS FUNDING LLC
- **CENTRAL INDEX KEY:** 0001260125
- **STANDARD INDUSTRIAL CLASSIFICATION:** ASSET-BACKED SECURITIES [6189]
- **IRS NUMBER:** 330978455
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 10-D
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 333-108087
- **FILM NUMBER:** 23560889

**BUSINESS ADDRESS:**
- **STREET 1:** 3161 MICHELSON DRIVE
- **STREET 2:** SUITE 1900
- **CITY:** IRVINE
- **STATE:** CA
- **ZIP:** 92612
- **BUSINESS PHONE:** 949-732-2697

**MAIL ADDRESS:**
- **STREET 1:** 3161 MICHELSON DRIVE
- **STREET 2:** SUITE 1900
- **CITY:** IRVINE
- **STATE:** CA
- **ZIP:** 92612

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** HYUNDAI ABS FUNDING CORP
- **DATE OF NAME CHANGE:** 20030815

**UNITED STATES**

**SECURITIES AND EXCHANGE COMMISSION**

**Washington, D.C. 20549**

**FORM 10-D**

**ASSET-BACKED ISSUER**

**DISTRIBUTION REPORT PURSUANT TO SECTION 13 OR 15(d) OF**

**THE SECURITIES EXCHANGE ACT OF 1934**

For the monthly distribution period from

December 1, 2022 to December 31, 2022

Commission File Number of issuing entity: 333-229037-05

Central Index Key Number of issuing entity: 0001826501

**HYUNDAI AUTO RECEIVABLES TRUST 2020-C**

(Exact name of issuing entity as specified in its charter)

Commission File Number of depositor: 333-229037

Central Index Key Number of depositor: 0001260125

**HYUNDAI ABS FUNDING, LLC**

(Exact name of depositor as specified in its charter)

Central Index Key Number of sponsor: 0001541028

**HYUNDAI CAPITAL AMERICA**

(Exact name of sponsor as specified in its charter)

Charley Changmin Yoon

(949) 732-2825

(Name and telephone number, including area code, of the person to contact in connection with this filing)

Delaware

(State or other jurisdiction of incorporation or organization of the issuing entity)

33-0978453

(I.R.S. Employer Identification No. of the depositor)

3161 MICHELSON DRIVE, SUITE 1900

<u>IRVINE, CALIFORNIA 92612</u>

(Address of principal executive offices of the issuing entity)

(949) 732-2697

(Telephone number, including area code)

N/A

(Former name, former address, if changed since last report)

Registered/reporting pursuant to (check one)

---

| | | | | |
|:---|:---|:---|:---|:---|
| Title of class | Section 12(b) | Section 12(g) | Section 15(d) | Name of Exchange <br> (If Section 12(b))<br>|
| Asset Backed Notes, Class A-1 | ☐ | ☐ | ☒ |  |
| Asset Backed Notes, Class A-2 | ☐ | ☐ | ☒ |  |
| Asset Backed Notes, Class A-3 | ☐ | ☐ | ☒ |  |
| Asset Backed Notes, Class A-4 | ☐ | ☐ | ☒ |  |
| Asset Backed Notes, Class B | ☐ | ☐ | ☒ |  |
| Asset Backed Notes, Class C | ☐ | ☐ | ☒ |  |

---

Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes ☒ No ☐

**PART I – DISTRIBUTION INFORMATION**

**Item 1. Distribution and Pool Performance Information.**

Distribution and pool performance information with respect to the receivables that comprise the assets of Hyundai Auto Receivables Trust 2020-C (the "Issuing Entity") is set forth in the Monthly Servicer's Report attached as Exhibit 99.1.

No assets securitized by Hyundai Capital America (the "Securitizer") and held by Hyundai Auto Receivables Trust 2020-C were the subject of a demand to repurchase or replace for breach of the representations and warranties during the distribution period from December 1, 2022 to December 31, 2022. Please refer to the Form ABS-15G filed by the Securitizer on February 5, 2020 for additional information. The CIK number of the Securitizer is 0001541028.

**Item 1A. Asset-Level Information.**

The asset-level information with respect to the receivables that comprise the assets of the Issuing Entity is set forth in Exhibit 102 to the Form ABS-EE filed by the Issuing Entity on January 26, 2023 (the "Form ABS-EE") and is incorporated by reference into this report on Form 10-D. The additional asset-level information or explanatory language for the receivables that comprise the assets of the Issuing Entity is set forth in Exhibit 103 to the Form ABS-EE and is also incorporated by reference into this report on Form 10-D.

**PART II – OTHER INFORMATION**

**Item 10. Exhibits**.

[99.1](tm231685d16_ex99-1.htm) [Monthly Servicer's Report for the period from December 1, 2022 to December 31, 2022.](tm231685d16_ex99-1.htm)

---

| | |
|:---|:---|
| [102](https://www.sec.gov/Archives/edgar/data/1260125/000110465923006893/hca-autoloanex102_011820231.xml) | [Asset Data File (incorporated by reference to Exhibit 102 to the Form ABS-EE filed by the Issuing Entity on January 26, 2023)](https://www.sec.gov/Archives/edgar/data/1260125/000110465923006893/hca-autoloanex102_011820231.xml) |

---

---

| | |
|:---|:---|
| [103](https://www.sec.gov/Archives/edgar/data/1260125/000110465923006893/hca-autoloanex103_01182023.xml) | [Asset Related Document (incorporated by reference to Exhibit 103 to the Form ABS-EE filed by the Issuing Entity on January 26, 2023)](https://www.sec.gov/Archives/edgar/data/1260125/000110465923006893/hca-autoloanex103_01182023.xml) |

---

**SIGNATURES**

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

---

| | | | |
|:---|:---|:---|:---|
| Dated: January 27, 2023 | **HYUNDAI ABS FUNDING, LLC (Depositor)** | **HYUNDAI ABS FUNDING, LLC (Depositor)** | **HYUNDAI ABS FUNDING, LLC (Depositor)** |
|  | By: | /s/ Charley Changmin Yoon | /s/ Charley Changmin Yoon |
|  |  | Name: | Charley Changmin Yoon |
|  |  | Title: | President and Secretary |

---

## Exhibit 99.1

**Exhibit 99.1**

**Hyundai Auto Receivables Trust 2020-C**

**Monthly Servicing Report**

---

| | |
|:---|:---|
| **Collection Period** | **December 2022** |
| **Distribution Date** | **01/17/23** |
| **Transaction Month** | **27** |
| **30/360 Days** | **30** |
| **Actual/360 Days** | **33** |

---

**<u>I. ORIGINAL DEAL PARAMETERS</u>**

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| Cut off Date: | Cut off Date: | September 21, 2020 |  |  |  |  |
| Closing Date: | Closing Date: | October 28, 2020 |  |  |  |  |
|  |  | **<u>Dollars</u>** | **<u>Units</u>** | **<u>WAC</u>** | **<u>WARM</u>** |  |
| Original Pool Balance: | Original Pool Balance: | $1324207677.37 | 53865 | 3.36% | 59.75 |  |
| Original Adj. Pool Balance: | Original Adj. Pool Balance: | $1287565993.75 |  |  |  |  |
|  |  | **<u>Amount</u>** | **<u>% of Pool</u>** |  **<u>Note Rate</u>** |  | **<u>Final Payment Date</u>** |
| &nbsp;&nbsp;&nbsp;&nbsp;Class A-1 Notes | Fixed | $253700000.00 | 19.159% | 0.18575% |  | November 15, 2021 |
| &nbsp;&nbsp;&nbsp;&nbsp;Class A-2 Notes | Fixed | $420000000.00 | 31.717% | 0.26000% |  | September 15, 2023 |
| &nbsp;&nbsp;&nbsp;&nbsp;Class A-3 Notes | Fixed | $420000000.00 | 31.717% | 0.38000% |  | May 15, 2025 |
| &nbsp;&nbsp;&nbsp;&nbsp;Class A-4 Notes | Fixed | $99870000.00 | 7.542% | 0.49000% |  | November 16, 2026 |
| &nbsp;&nbsp;&nbsp;&nbsp;Class B Notes | Fixed | $23180000.00 | 1.750% | 0.81000% |  | November 16, 2026 |
| &nbsp;&nbsp;&nbsp;&nbsp;Class C Notes | Fixed | $38630000.00 | 2.917% | 1.08000% |  | December 15, 2027 |
| Total Securities | Total Securities | $1255380000.00 | 94.802% |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Overcollateralization | &nbsp;&nbsp;&nbsp;&nbsp;Overcollateralization | $32185993.75 | 2.431% |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;YSOA | &nbsp;&nbsp;&nbsp;&nbsp;YSOA | $36641683.62 | 2.767% |  |  |  |
| Total Original Pool Balance | Total Original Pool Balance | $1324207677.37 | 100.00% |  |  |  |

---

**<u>II. POOL BALANCE AND PORTFOLIO INFORMATION</u>**

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  | **Beginning of Period** | **Beginning of Period** | **Ending of Period** | **Ending of Period** | **Change** |
|  | **<u>Balance</u>** | **<u>Note Factor</u>** | **<u>Balance</u>** | **<u>Note Factor</u>** | |
| &nbsp;&nbsp;&nbsp;&nbsp;Class A-1 Notes | $- |  | $- |  | $- |
| &nbsp;&nbsp;&nbsp;&nbsp;Class A-2 Notes | $- |  | $- |  | $- |
| &nbsp;&nbsp;&nbsp;&nbsp;Class A-3 Notes | $268608424.73 | 0.6395439 | $247670951.83 | 0.5896927 | $20937472.90 |
| &nbsp;&nbsp;&nbsp;&nbsp;Class A-4 Notes | $99870000.00 | 1.0000000 | $99870000.00 | 1.0000000 | $- |
| &nbsp;&nbsp;&nbsp;&nbsp;Class B Notes | $23180000.00 | 1.0000000 | $23180000.00 | 1.0000000 | $- |
| &nbsp;&nbsp;&nbsp;&nbsp;Class C Notes | $38630000.00 | 1.0000000 | $38630000.00 | 1.0000000 | $- |
| Total Securities | $430288424.73 | 0.3427555 | $409350951.83 | 0.3260773 | $20937472.90 |
| Weighted Avg. Coupon (WAC) | 3.16% |  | 3.16% |  |  |
| Weighted Avg. Remaining Maturity (WARM) | 35.16 |  | 34.27 |  |  |
| Pool Receivables Balance | $480452195.11 |  | $458846805.82 |  |  |
| Remaining Number of Receivables | 34189 |  | 33598 |  |  |
| Adjusted Pool Balance | $468915404.54 |  | $447977931.64 |  |  |

---

**<u>III. COLLECTIONS</u>**

---

| | |
|:---|:---|
| Principal: |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Principal Collections | $21204402.61 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Repurchased Contract Proceeds Related to Principal | $- |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Recoveries/Liquidation Proceeds | $360300.17 |
| Total Principal Collections | $21564702.78 |
| Interest: |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Interest Collections | $1277855.09 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Late Fees & Other Charges | $63444.35 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Interest on Repurchase Principal | $- |
| Total Interest Collections | $1341299.44 |
| Collection Account Interest | $64694.39 |
| Reserve Account Interest | $21430.40 |
| Servicer Advances | $- |
| Total Collections | $22992127.01 |

---

2020C Report 1 of 4

**Hyundai Auto Receivables Trust 2020-C**

**Monthly Servicing Report**

---

| | |
|:---|:---|
| **Collection Period** | **December 2022** |
| **Distribution Date** | **01/17/23** |
| **Transaction Month** | **27** |
| **30/360 Days** | **30** |
| **Actual/360 Days** | **33** |

---

---

| | |
|:---|:---|
| **<u>IV. DISTRIBUTIONS</u>** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total Collections | $22992127.01 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Reserve Account Release | $- |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Reserve Account Draw | $- |
| Total Available for Distribution | $22992127.01 |

---

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  | | <u>Amount Due</u> | <u>Interest Pymt Due<br> but unpaid from<br> prior periods</u> | <u>Amount Paid</u> | |
| 1. Servicing Fee @1.00%: |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Servicing Fee Due | 1.00% | $400376.83 | $- | $400376.83 | 400376.83 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Collection Account Interest |  |  |  |  | $64694.39 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Late Fees & Other Charges |  |  |  |  | $63444.35 |
| Total due to Servicer |  |  |  |  | $528515.57 |
| 2. Class A Noteholders Interest: |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Class A-1 Notes |  | $- |  | $- |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Class A-2 Notes |  | $- |  | $- |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Class A-3 Notes |  | $85059.33 |  | $85059.33 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Class A-4 Notes |  | $40780.25 |  | $40780.25 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total Class A interest: |  | $125839.58 |  | $125839.58 | 125839.58 |
| 3. First Priority Principal Distribution: | 3. First Priority Principal Distribution: | $- |  | $- | 0.00 |
| 4. Class B Noteholders Interest: | 4. Class B Noteholders Interest: | $15646.50 |  | $15646.50 | 15646.50 |
| 5. Second Priority Principal Distribution: | 5. Second Priority Principal Distribution: | $- |  | $- | 0.00 |
| 6. Class C Noteholders Interest: |  | $34767.00 |  | $34767.00 | 34767.00 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Available Funds Remaining: |  |  |  |  | $22287358.36 |
| 7. Regular Principal Distribution Amount: | 7. Regular Principal Distribution Amount: |  |  |  | 20937472.90 |
|  |  | <u>Distributable Amount</u> |  | <u>Paid Amount</u> |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Class A-1 Notes |  |  |  | $- |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Class A-2 Notes |  |  |  | $- |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Class A-3 Notes |  |  |  | $20937472.90 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Class A-4 Notes |  |  |  | $- |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Class A Notes Total: |  | $20937472.90 |  | $20937472.90 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Class B Notes Total: |  | $- |  | $- |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Class C Notes Total: |  | $- |  | $- |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total Noteholders Principal |  | $20937472.90 |  | $20937472.90 |  |
| 8. Required Deposit to Reserve Account | 8. Required Deposit to Reserve Account | 8. Required Deposit to Reserve Account | 8. Required Deposit to Reserve Account |  | 0.00 |
| 9. Trustee Expenses and Asset Representations Reviewer Expenses | 9. Trustee Expenses and Asset Representations Reviewer Expenses | 9. Trustee Expenses and Asset Representations Reviewer Expenses | 9. Trustee Expenses and Asset Representations Reviewer Expenses |  | 0.00 |
| 10. Remaining Available Collections Released to Certificateholder | 10. Remaining Available Collections Released to Certificateholder | 10. Remaining Available Collections Released to Certificateholder | 10. Remaining Available Collections Released to Certificateholder |  | 1349885.46 |

---

**<u>V. YIELD SUPPLEMENT OVERCOLLATERALIZATION AMOUNT (YSOA)</u>**

---

| | |
|:---|:---|
| Beginning Period Required Amount | $11536790.57 |
| Beginning Period Amount | $11536790.57 |
| Current Period Amortization | $667916.39 |
| Ending Period Required Amount | $10868874.18 |
| Ending Period Amount | $10868874.18 |
| Next Distribution Date Required Amount | $10222396.83 |

---

2020C Report 2 of 4

**Hyundai Auto Receivables Trust 2020-C**

**Monthly Servicing Report**

---

| | |
|:---|:---|
| **Collection Period** | **December 2022** |
| **Distribution Date** | **01/17/23** |
| **Transaction Month** | **27** |
| **30/360 Days** | **30** |
| **Actual/360 Days** | **33** |

---

**<u>VI. RESERVE ACCOUNT</u>**

---

| | | |
|:---|:---|:---|
| Reserve Percentage of Initial Adjusted Pool Balance | 0.50 | % |
| Beginning Period Required Amount | $6437829.97 |  |
| Beginning Period Amount | $6437829.97 |  |
| Current Period Release to Collection Account | $- |  |
| Current Period Deposit | $- |  |
| Current Period Release to Depositor | $- |  |
| Ending Period Required Amount (0.50% of APB of cut-off date) | $6437829.97 |  |
| Ending Period Amount | $6437829.97 |  |

---

**<u>VII. OVERCOLLATERALIZATION</u>**

---

| | | | | |
|:---|:---|:---|:---|:---|
| Overcollateralization Target | 3.00% |  |  |  |
| Overcollateralization Floor | 3.00% |  |  |  |
|  |  | <u>Beginning</u> | <u>Ending</u> | <u>Target</u> |
| Overcollateralization Amount |  | $38626979.81 | $38626979.81 | $38626979.81 |
| Overcollateralization as a % of Original Adjusted Pool | Overcollateralization as a % of Original Adjusted Pool | 3.00% | 3.00% | 3.00% |
| Overcollateralization as a % of Current Adjusted Pool | Overcollateralization as a % of Current Adjusted Pool | 8.24% | 8.62% | 8.62% |

---

**<u>VIII. DELINQUENCY AND NET LOSS ACTIVITY</u>**

---

| | | | | |
|:---|:---|:---|:---|:---|
| Delinquent Receivables | <u>Units Percent</u> | <u>Units</u> | <u>Dollars Percent</u> | <u>Amount</u> |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Current | 98.28% | 33021 | 97.71% | $448351498.09 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;30 - 60 Days | 1.24% | 415 | 1.62% | $7439605.59 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;61 - 90 Days | 0.39% | 130 | 0.53% | $2420299.67 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;91-120 Days | 0.09% | 31 | 0.14% | $625050.09 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;121 + Days | 0.00% | 1 | 0.00% | $10352.38 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total |  | 33598 |  | $458846805.82 |
| Delinquent Receivables 30+ Days Past Due | Delinquent Receivables 30+ Days Past Due |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Current Period | 1.72% | 577 | 2.29% | $10495307.73 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1st Preceding Collection Period | 1.62% | 555 | 2.17% | $10437389.38 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2nd Preceding Collection Period | 1.53% | 531 | 2.03% | $10175939.83 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3rd Preceding Collection Period | 1.46% | 517 | 1.97% | $10311345.09 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Four-Month Average | 1.58% |  | 2.11% |  |
| Ratio of 61+ Delinquency Receivables Balance to EOP Pool Balance | Ratio of 61+ Delinquency Receivables Balance to EOP Pool Balance |  | 0.67% |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Delinquency Percentage exceeds Delinquency Trigger of 9.6% (Y/N) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Delinquency Percentage exceeds Delinquency Trigger of 9.6% (Y/N) |  | No |  |
| Repossession in Current Period |  | 20 |  | $368022.03 |
| Repossession Inventory |  | 66 |  | $1301722.28 |
| Current Charge-Offs |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Gross Principal of Charge-Offs |  |  |  | $400986.68 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Recoveries |  |  |  | $(360300.17) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Net Loss |  |  |  | $40686.51 |
| Ratio of Current Net Loss to Beginning Pool Balance (annualized) | Ratio of Current Net Loss to Beginning Pool Balance (annualized) |  |  | 0.10% |
| Average Pool Balance for Current Period |  |  |  | $469649500.47 |
| Ratio of Current Net Loss to Average Pool Balance (annualized) | Ratio of Current Net Loss to Average Pool Balance (annualized) |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Current Period |  |  |  | 0.10% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1st Preceding Collection Period |  |  |  | 1.09% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2nd Preceding Collection Period |  |  |  | 0.57% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3rd Preceding Collection Period |  |  |  | 1.14% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Four-Month Average |  |  |  | 0.73% |
| Cumulative Charge-Offs |  | <u>Change in units from<br> prior period</u> | <u>Cumulative Units</u> | <u>Cumulative Amount</u> |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Gross Principal of Charge-Offs |  | 23 | 1053 | $18313625.76 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Recoveries |  | 38 | 767 | $(9594874.95) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Net Loss |  |  |  | $8718750.81 |
| Cumulative Net Loss as a % of Initial Pool Balance |  |  |  | 0.66% |
| Net Loss for Receivables that have experienced a Net Loss \* | Net Loss for Receivables that have experienced a Net Loss \* | 19 | 853 | $8762200.35 |
| Average Net Loss for Receivables that have experienced a Net Loss | Average Net Loss for Receivables that have experienced a Net Loss |  |  | $10272.22 |
| Principal Balance of Extensions |  |  |  | $2782685.63 |
| Number of Extensions |  |  |  | 146 |

---

\* Excludes receivables with recovered amounts equal to or in excess of principal charge-offs due to the recovery of assessments, such as interest and fees.

2020C Report 3 of 4

**Hyundai Auto Receivables Trust 2020-C**

**Monthly Servicing Report**

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| | |
|:---|:---|
| **Collection Period** | **December 2022** |
| **Distribution Date** | **01/17/23** |
| **Transaction Month** | **27** |
| **30/360 Days** | **30** |
| **Actual/360 Days** | **33** |

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**<u>IX. CREDIT RISK RETENTION INFORMATION</u>**

There were no material changes in the retained interest in the transaction.

2020C Report 4 of 4