Exhibit 99.1
AmeriCredit Corp.
Composition of the Receivables
APART 2007-1 Initial Cut
5/24/07*
New | Used | Total | ||||
Aggregate Principal Balance (1) | $413,961,121.92 | $536,044,529.95 | $950,005,651.87 | |||
Number of Receivables in Pool | 17,365 | 29,965 | 47,330 | |||
Percent of Pool by Principal Balance | 43.57% | 56.43% | 100.00% | |||
Average Principal Balance | $23,838.82 | $17,889.02 | $20,071.96 | |||
Range of Principal Balances | $(253.39) to $(128,801.69) | $(286.85) to $(142,107.71) | ||||
Weighted Average APR (1) | 10.18% | 10.62% | 10.43% | |||
Range of APRs | (4.00)% to (22.25)% | (4.00)% to (22.95)% | ||||
Weighted Average Remaining Term | 69 | 67 | 68 | |||
Range of Remaining Terms | (3 to 96 months) | (3 to 96 months) | ||||
Weighted Average Original Term (2) | 81 | 75 | 78 | |||
Range of Original Terms | (24 to 97 months) | (13 to 97 months) |
(1) | Aggregate Principal Balance includes some portion of accrued interest. As a result, the Weighted Average APR of the Receivables may not be equivalent to the Contracts’ aggregate yield on the Aggregate Principal Balance. |
(2) | The original term may reflect a period longer than 96 months depending on the due date of the first contractual payment. |
Distribution of the Receivables by Score as of the Cutoff Date
FICO Distribution | Term Distribution | |||||
Percent of Aggregate | Percent of Aggregate | |||||
Credit Bureau Score (2) | Principal Balance (3) | Original Term (5) | Principal Balance (3) | |||
<600 | 0.03% | <=60 | 13.33% | |||
600-639 | 15.93% | 61-72 | 39.62% | |||
640-679 | 20.06% | 73-84 | 26.44% | |||
680-719 | 20.67% | >=85 | 20.61% | |||
720-759 | 20.52% | |||||
760-799 | 14.68% | |||||
800+ | 8.11% | |||||
Weighted Average Score | Weighted Average Term | |||||
708 | 78 | |||||
LTV Range | 90% lies between 83% and 163% | |||||
Weighted Average LTV | 119.84% |
(1) | Proprietary credit score, scaled from 135 to 320, developed and utilized by AmeriCredit to support the credit approval and pricing process. |
(2) | A statistically based score (sometimes referred to as FICO score) generated by credit reporting agencies. AmeriCredit utilizes TransUnion, Equifax or Experien credit reports depending on the location of the obligor. Credit Bureau Scores are unavailable for some accounts and those accounts are not included in the Credit Bureau Score table above. Since these accounts are not included in the percentages above, the Aggregate Principal Balance of the accounts based on Credit Bureau Score may be less than the total statistical pool. |
(3) | Percentages may not add to 100% because of rounding. |
(4) | LTV is calculated as the total amount financed, including taxes and ancillary products, over the NADA value of the vehicle at the time of the contract. |
(5) | Maximum Original Term not more than 96 monthly payments. |
* | Receivable information is through close of business on date indicated. |
AmeriCredit Corp.
Distribution of the Receivables by APR as of the Cutoff Date
APART 2007-1 Initial Cut
5/25/07*
Distribution of the Receivables by APR as of the Cutoff Date
APR Range (1) | Aggregate Principal Balance as of Cutoff Date | Percent of Aggregate Principal Balance (2) | Number of Receivables | Percent of Number of Receivables (2) | ||||||
4.000%-4.999% | 89,968.81 | 0.01 | % | 8 | 0.02 | % | ||||
5.000%-5.999% | 3,457,460.41 | 0.36 | % | 212 | 0.45 | % | ||||
6.000%-6.999% | 30,195,055.84 | 3.18 | % | 1,609 | 3.40 | % | ||||
7.000%-7.999% | 89,276,880.62 | 9.40 | % | 4,310 | 9.11 | % | ||||
8.000%-8.999% | 183,710,334.67 | 19.34 | % | 8,270 | 17.47 | % | ||||
9.000%-9.999% | 203,044,986.65 | 21.37 | % | 9,275 | 19.60 | % | ||||
10.000%-10.999% | 138,000,314.99 | 14.53 | % | 6,751 | 14.26 | % | ||||
11.000%-11.999% | 99,204,117.39 | 10.44 | % | 5,138 | 10.86 | % | ||||
12.000%-12.999% | 64,848,953.71 | 6.83 | % | 3,622 | 7.65 | % | ||||
13.000%-13.999% | 53,035,727.21 | 5.58 | % | 2,940 | 6.21 | % | ||||
14.000%-14.999% | 34,497,620.74 | 3.63 | % | 2,007 | 4.24 | % | ||||
15.000%-15.999% | 25,098,234.10 | 2.64 | % | 1,475 | 3.12 | % | ||||
16.000%-16.999% | 15,143,955.79 | 1.59 | % | 951 | 2.01 | % | ||||
17.000%-17.999% | 5,907,736.98 | 0.62 | % | 412 | 0.87 | % | ||||
18.000%-18.999% | 3,399,959.58 | 0.36 | % | 259 | 0.55 | % | ||||
19.000%-19.999% | 811,470.81 | 0.09 | % | 62 | 0.13 | % | ||||
20.000%-20.999% | 164,742.67 | 0.02 | % | 16 | 0.03 | % | ||||
21.000%-21.999% | 67,799.99 | 0.01 | % | 10 | 0.02 | % | ||||
22.000%-22.999% | 50,330.91 | 0.01 | % | 3 | 0.01 | % | ||||
TOTAL | 950,005,651.87 | 100.00 | % | 47,330 | 100.00 | % | ||||
(1) | Aggregate Principal Balances include some portion of accrued interest. Indicated APR’s represent APR’s on Principal Balance net of such accrued interest. |
(2) | Percentages may not add to 100% because of rounding. |
* | Receivable information is through close of business on date indicated. |
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AmeriCredit Corp.
Distribution of the Receivables by Geographic Location of Obligor
APART 2007-1 Initial Cut
5/25/07*
State | Aggregate Principal Balance as of Cutoff Date (1) | Percent of Aggregate Principal Balance (2) | Number of Receivables | Percent of Number of Receivables (2) | |||||||
Alabama | 8,773,392.09 | 0.92 | % | 453 | 0.96 | % | |||||
Arizona | 28,255,656.47 | 2.97 | % | 1,280 | 2.70 | % | |||||
Arkansas | 2,276,142.52 | 0.24 | % | 126 | 0.27 | % | |||||
California | 144,835,233.28 | 15.25 | % | 6,175 | 13.05 | % | |||||
Colorado | 20,521,540.85 | 2.16 | % | 952 | 2.01 | % | |||||
Connecticut | 3,889,453.68 | 0.41 | % | 234 | 0.49 | % | |||||
Delaware | 1,811,867.52 | 0.19 | % | 93 | 0.20 | % | |||||
Florida | 117,282,644.85 | 12.35 | % | 5,968 | 12.61 | % | |||||
Georgia | 34,252,061.79 | 3.61 | % | 1,667 | 3.52 | % | |||||
Idaho | 2,717,968.63 | 0.29 | % | 142 | 0.30 | % | |||||
Illinois | 36,464,445.35 | 3.84 | % | 2,070 | 4.37 | % | |||||
Indiana | 28,745,925.71 | 3.03 | % | 1,493 | 3.15 | % | |||||
Iowa | 1,776,430.48 | 0.19 | % | 111 | 0.23 | % | |||||
Kansas | 3,165,589.58 | 0.33 | % | 165 | 0.35 | % | |||||
Kentucky | 21,805,228.23 | 2.30 | % | 1,138 | 2.40 | % | |||||
Louisiana | 11,399,127.97 | 1.20 | % | 637 | 1.35 | % | |||||
Maryland | 9,051,447.63 | 0.95 | % | 464 | 0.98 | % | |||||
Massachusetts | 8,727,110.29 | 0.92 | % | 458 | 0.97 | % | |||||
Michigan | 23,491,833.56 | 2.47 | % | 1,365 | 2.88 | % | |||||
Minnesota | 2,663,546.44 | 0.28 | % | 166 | 0.35 | % | |||||
Mississippi | 6,379,342.11 | 0.67 | % | 349 | 0.74 | % | |||||
Missouri | 13,113,201.79 | 1.38 | % | 735 | 1.55 | % | |||||
Nevada | 19,100,093.28 | 2.01 | % | 810 | 1.71 | % | |||||
New Hampshire | 4,254,578.40 | 0.45 | % | 237 | 0.50 | % | |||||
New Jersey | 14,533,371.10 | 1.53 | % | 767 | 1.62 | % | |||||
New Mexico | 23,036,264.16 | 2.42 | % | 1,034 | 2.18 | % | |||||
New York | 8,712,042.66 | 0.92 | % | 501 | 1.06 | % | |||||
North Carolina | 26,593,788.43 | 2.80 | % | 1,340 | 2.83 | % | |||||
Ohio | 49,561,531.11 | 5.22 | % | 2,843 | 6.01 | % | |||||
Oklahoma | 15,017,534.31 | 1.58 | % | 731 | 1.54 | % | |||||
Oregon | 5,129,234.40 | 0.54 | % | 280 | 0.59 | % | |||||
Pennsylvania | 22,295,192.05 | 2.35 | % | 1,170 | 2.47 | % | |||||
South Carolina | 12,557,213.53 | 1.32 | % | 648 | 1.37 | % | |||||
Tennessee | 77,097,122.31 | 8.12 | % | 3,690 | 7.80 | % | |||||
Texas | 99,866,161.33 | 10.51 | % | 4,866 | 10.28 | % | |||||
Utah | 2,696,614.92 | 0.28 | % | 130 | 0.27 | % | |||||
Virginia | 11,281,979.96 | 1.19 | % | 577 | 1.22 | % | |||||
Washington | 7,368,863.52 | 0.78 | % | 377 | 0.80 | % | |||||
West Virginia | 10,483,151.93 | 1.10 | % | 572 | 1.21 | % | |||||
Wisconsin | 2,645,692.29 | 0.28 | % | 168 | 0.35 | % | |||||
Other (3) | 6,376,031.36 | 0.67 | % | 348 | 0.74 | % | |||||
TOTAL | $ | 950,005,651.87 | 100.00 | % | 47,330 | 100.00 | % | ||||
(1) | Aggregate Principal Balances include some portion of accrued interest. |
(2) | Percentages may not add to 100% because of rounding. |
(3) | States with aggregate principal balances less than $1,000,000. |
* | Receivable information is through close of business on date indicated. |
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