Exhibit 99.1
AmeriCredit Corp.
Composition of the Receivables
2007-2-M Initial Cut
10/11/07*
| | | | | | | | | | | | |
| | New | | | Used | | | Total | |
Aggregate Principal Balance (1) | | $ | 355,205,156.12 | | | $ | 670,445,614.94 | | | $ | 1,025,650,771.06 | |
Number of Receivables in Pool | | | 14,397 | | | | 35,971 | | | | 50,368 | |
Percent of Pool by Principal Balance | | | 34.63 | % | | | 65.37 | % | | | 100.00 | % |
Average Principal Balance | | $ | 24,672.16 | | | $ | 18,638.50 | | | $ | 20,363.14 | |
Range of Principal Balances | | $ | (268.99 to $117,665.39 | ) | | $ | (258.49 to $149,093.19 | ) | | | | |
Weighted Average APR (1) | | | 10.92 | % | | | 11.93 | % | | | 11.58 | % |
Range of APRs | | | (3.99% to 21.00 | )% | | | (4.90% to 21.99 | )% | | | | |
Weighted Average Remaining Term | | | 72 | | | | 69 | | | | 70 | |
Range of Remaining Terms | | | (3 to 96 months | ) | | | (3 to 96 months | ) | | | | |
Weighted Average Original Term | | | 77 | | | | 73 | | | | 74 | |
Range of Original Terms (2) | | | (7 to 96 months | ) | | | (12 to 96 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 |
Credit Bureau Score (1) | | Percent of Aggregate Principal Balance (2) | | Original Term (4) | | Percent of Aggregate Principal Balance (2) |
<600 | | 12.66% | | <=60 | | 14.05% |
600-639 | | 19.39% | | 61-72 | | 61.03% |
640-679 | | 21.20% | | 73-84 | | 12.43% |
680-719 | | 18.01% | | >=85 | | 12.49% |
| | | | | | |
720-759 | | 13.48% | | | | |
760-799 | | 9.33% | | | | |
800+ | | 5.93% | | | | |
| | | | | | |
| |
Weighted Average Score | | Weighted Average Term |
679 | | 74 |
| |
LTV Range (3) | | 90% lies between 81% and 161% |
Weighted Average LTV (5) | | 121% |
(1) | 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. |
(2) | Percentages may not add to 100% because of rounding. |
(3) | 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. |
(4) | Maximum Original Term not more than 96 monthly payments. |
(5) | LTV is not available for some accounts and those accounts are not included in the Weighted Average LTV calculation. |
* | Receivable information is through close of business on date indicated. |
AmeriCredit Corp.
Distribution of the Receivables by APR as of the Cutoff Date
2007-2-M Initial Cut
10/11/07*
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) | |
3.000%-3.999 | % | | 7,281.02 | | 0.00 | % | | 1 | | 0.00 | % |
4.000%-4.999 | % | | 73,396.95 | | 0.01 | % | | 10 | | 0.02 | % |
5.000%-5.999 | % | | 2,336,856.71 | | 0.23 | % | | 206 | | 0.41 | % |
6.000%-6.999 | % | | 36,655,302.72 | | 3.57 | % | | 1,973 | | 3.92 | % |
7.000%-7.999 | % | | 73,758,469.72 | | 7.19 | % | | 3,671 | | 7.29 | % |
8.000%-8.999 | % | | 131,305,243.65 | | 12.80 | % | | 6,093 | | 12.10 | % |
9.000%-9.999 | % | | 165,464,459.93 | | 16.13 | % | | 7,550 | | 14.99 | % |
10.000%-10.999 | % | | 124,108,550.60 | | 12.10 | % | | 5,775 | | 11.47 | % |
11.000%-11.999 | % | | 97,304,341.14 | | 9.49 | % | | 4,718 | | 9.37 | % |
12.000%-12.999 | % | | 89,174,641.07 | | 8.69 | % | | 4,427 | | 8.79 | % |
13.000%-13.999 | % | | 72,926,598.45 | | 7.11 | % | | 3,607 | | 7.16 | % |
14.000%-14.999 | % | | 72,601,697.43 | | 7.08 | % | | 3,650 | | 7.25 | % |
15.000%-15.999 | % | | 62,633,734.80 | | 6.11 | % | | 3,127 | | 6.21 | % |
16.000%-16.999 | % | | 46,472,316.15 | | 4.53 | % | | 2,480 | | 4.92 | % |
17.000%-17.999 | % | | 22,635,507.16 | | 2.21 | % | | 1,283 | | 2.55 | % |
18.000%-18.999 | % | | 15,218,600.07 | | 1.48 | % | | 929 | | 1.84 | % |
19.000%-19.999 | % | | 7,899,665.82 | | 0.77 | % | | 501 | | 0.99 | % |
20.000%-20.999 | % | | 2,057,788.34 | | 0.20 | % | | 143 | | 0.28 | % |
21.000%-21.999 | % | | 3,016,319.33 | | 0.29 | % | | 224 | | 0.44 | % |
| | | | | | | | | | | |
TOTAL | | | 1,025,650,771.06 | | 100.00 | % | | 50,368 | | 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. |
AmeriCredit Corp.
Distribution of the Receivables by Geographic Location of Obligor
2007-2-M Initial Cut
10/11/07*
| | | | | | | | | | | |
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 | | | 12,068,218.24 | | 1.18 | % | | 525 | | 1.04 | % |
Arizona | | | 61,313,843.47 | | 5.98 | % | | 3,021 | | 6.00 | % |
California | | | 281,626,467.20 | | 27.46 | % | | 13,747 | | 27.29 | % |
Colorado | | | 24,929,369.26 | | 2.43 | % | | 1,331 | | 2.64 | % |
Connecticut | | | 3,103,893.61 | | 0.30 | % | | 177 | | 0.35 | % |
Delaware | | | 1,614,976.47 | | 0.16 | % | | 79 | | 0.16 | % |
Florida | | | 106,304,805.66 | | 10.36 | % | | 5,102 | | 10.13 | % |
Georgia | | | 33,131,886.33 | | 3.23 | % | | 1,626 | | 3.23 | % |
Hawaii | | | 1,411,393.37 | | 0.14 | % | | 65 | | 0.13 | % |
Idaho | | | 3,576,110.23 | | 0.35 | % | | 168 | | 0.33 | % |
Illinois | | | 14,741,284.77 | | 1.44 | % | | 699 | | 1.39 | % |
Indiana | | | 28,180,835.64 | | 2.75 | % | | 1,467 | | 2.91 | % |
Iowa | | | 2,683,224.59 | | 0.26 | % | | 128 | | 0.25 | % |
Kansas | | | 2,608,330.58 | | 0.25 | % | | 158 | | 0.31 | % |
Kentucky | | | 21,200,600.53 | | 2.07 | % | | 1,060 | | 2.10 | % |
Maine | | | 1,588,881.89 | | 0.15 | % | | 76 | | 0.15 | % |
Maryland | | | 11,056,587.52 | | 1.08 | % | | 545 | | 1.08 | % |
Massachusetts | | | 6,150,959.15 | | 0.60 | % | | 348 | | 0.69 | % |
Michigan | | | 14,986,133.12 | | 1.46 | % | | 829 | | 1.65 | % |
Minnesota | | | 3,896,238.93 | | 0.38 | % | | 212 | | 0.42 | % |
Mississippi | | | 1,038,481.17 | | 0.10 | % | | 45 | | 0.09 | % |
Missouri | | | 9,809,680.30 | | 0.96 | % | | 540 | | 1.07 | % |
Nevada | | | 47,040,567.62 | | 4.59 | % | | 2,162 | | 4.29 | % |
New Hampshire | | | 2,895,893.92 | | 0.28 | % | | 158 | | 0.31 | % |
New Jersey | | | 21,108,810.96 | | 2.06 | % | | 1,030 | | 2.04 | % |
New Mexico | | | 9,301,048.76 | | 0.91 | % | | 356 | | 0.71 | % |
New York | | | 27,657,762.91 | | 2.70 | % | | 1,214 | | 2.41 | % |
North Carolina | | | 23,932,846.58 | | 2.33 | % | | 1,228 | | 2.44 | % |
Ohio | | | 42,430,764.58 | | 4.14 | % | | 2,322 | | 4.61 | % |
Oklahoma | | | 10,644,207.41 | | 1.04 | % | | 545 | | 1.08 | % |
Oregon | | | 2,574,211.57 | | 0.25 | % | | 135 | | 0.27 | % |
Pennsylvania | | | 27,088,666.17 | | 2.64 | % | | 1,448 | | 2.87 | % |
Rhode Island | | | 1,444,144.09 | | 0.14 | % | | 85 | | 0.17 | % |
South Carolina | | | 11,781,050.71 | | 1.15 | % | | 636 | | 1.26 | % |
Tennessee | | | 35,605,599.91 | | 3.47 | % | | 1,634 | | 3.24 | % |
Texas | | | 78,710,454.04 | | 7.67 | % | | 3,600 | | 7.15 | % |
Utah | | | 1,650,896.10 | | 0.16 | % | | 67 | | 0.13 | % |
Virginia | | | 9,117,825.94 | | 0.89 | % | | 452 | | 0.90 | % |
Washington | | | 13,655,676.90 | | 1.33 | % | | 751 | | 1.49 | % |
West Virginia | | | 8,686,648.11 | | 0.85 | % | | 449 | | 0.89 | % |
Other (3) | | | 3,301,492.75 | | 0.32 | % | | 148 | | 0.29 | % |
| | | | | | | | | | | |
TOTAL | | $ | 1,025,650,771.06 | | 100.00 | % | | 50,368 | | 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. |