Business Services Industry
ACC Consumer Finance Corp. releases its static pool performance data
Business Wire, June 5, 1997
SAN DIEGO--(BUSINESS WIRE)--June 5, 1997--ACC Consumer Finance Corp. (NASDAQ:ACCI) Thursday released its static pool performance data.
The static pool information is reported for each of ACCI's asset-backed securities transactions. In addition, ACCI released static pool information on a vintage basis.
The attached Table 1 profiles the monthly results for ACC Auto Grantor Trust 1995-A, 1995-B, 1996-A, 1996-B, 1996-C and 1996-D; and for ACC Automobile Receivables Trust 1997-A. The attached Table 2 profiles the monthly results for the contracts originated by ACCI in each of the calendar quarters from the first quarter of 1995 through the first quarter of 1997.
ACCI will conduct a conference call on Friday, June 6, 1997, at 8 a.m. PDT. The telephone number to access the call is 800/553-5275. (After the call, there will be a playback option available. Please contact ACCI for information on how to access this playback.) In addition to responding to questions regarding the information contained in this news release, management will discuss the comparative performance of the pools.
ACCI specializes in indirect financing of automobile installment contracts purchased primarily from franchised automobile dealers for consumers who have limited access to traditional sources of financing for vehicle purchases. The company purchases these contracts through its five regional credit centers in Atlanta; Dallas; Newark, N.J.; Delaware; Miami; and San Diego.
The company currently services contracts in 38 states and actively markets its program to dealers in Arizona, California, Colorado, Delaware, Florida, Georgia, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maryland, Michigan, Mississippi, Missouri, Montana, North Carolina, Nebraska, Nevada, New Jersey, New Mexico, Ohio, Oklahoma, Oregon, Pennsylvania, South Carolina, Tennessee, Texas, Utah, Virginia, West Virginia and Washington. -0-
ACC CONSUMER FINANCE
STATIC POOL RESULTS -- ABS TRANSACTIONS
DATA THROUGH MAY 1997
MONTH 1995-A 1995-B 1996-A 1996-B 1996-C 1996-D 1997-A
------------------------------------------------------------------------
1 0.00% 0.01% 0.00% 0.00% 0.00% 0.00% 0.00%
2 0.06% 0.01% 0.02% 0.05% 0.05% 0.07% 0.05%
3 0.18% 0.10% 0.34% 0.26% 0.34% 0.39% 0.26%
4 0.77% 0.44% 0.63% 0.86% 1.04% 1.20%
5 1.27% 0.97% 1.08% 1.54% 1.85% 1.51%
6 1.53% 1.56% 1.52% 2.06% 2.49% 2.13%
7 2.13% 1.92% 2.08% 2.54% 3.00%
8 2.43% 2.24% 2.95% 3.17% 3.26%
9 2.86% 2.65% 3.43% 3.55% 3.70%
10 3.04% 3.13% 3.87% 3.97%
11 3.36% 3.82% 4.73% 4.31%
12 3.42% 4.25% 5.01% 4.61%
13 3.70% 4.71% 5.37%
14 3.81% 5.11% 5.64%
15 4.10% 5.52% 6.02%
16 4.47% 5.97%
17 4.64% 6.48%
18 5.12% 6.72%
19 5.41% 7.05%
20 5.60% 7.18%
21 5.82% 7.52%
22 6.15%
23 6.25%
24 6.36%
25 6.62%
ACC CONSUMER FINANCE
STATIC POOL LOSS RESULTS -- VINTAGE BASIS
DATA THROUGH MAY 1997
MONTH Q1'95 Q2'95 Q3'95 Q4'95 Q1'96 Q2'96 Q3'96 Q4'96 Q1'97
----------------------------------------------------------------------
1 0.00% 0.00% 0.01% 0.01% 0.00% 0.01% 0.01% 0.02% 0.01%
2 0.00% 0.01% 0.01% 0.13% 0.00% 0.05% 0.07% 0.13% 0.06%
3 0.04% 0.16% 0.10% 0.44% 0.13% 0.17% 0.30% 0.50% 0.18%
4 0.24% 0.67% 0.37% 0.89% 0.30% 0.47% 0.79% 0.82%
5 0.47% 1.20% 0.68% 1.46% 0.56% 0.96% 1.46% 1.18%
6 0.89% 1.41% 1.23% 1.93% 1.06% 1.36% 2.05% 1.83%
7 1.84% 1.89% 1.54% 2.29% 1.56% 1.72% 2.56%
8 2.48% 2.67% 1.97% 2.70% 2.18% 2.24% 3.16%
9 2.74% 2.98% 2.46% 3.20% 2.84% 2.62% 3.71%
10 3.41% 3.25% 3.03% 3.54% 3.01% 3.00%
11 3.97% 3.58% 3.95% 4.20% 3.90% 3.43%
12 4.10% 3.88% 4.06% 4.57% 4.28% 3.88%
13 4.40% 4.25% 4.74% 4.95% 4.81%
14 4.64% 4.87% 5.24% 5.53% 5.28%
15 5.14% 5.09% 5.69% 5.92% 5.74%
16 5.33% 5.37% 6.04% 6.33%
17 5.71% 5.77% 6.60% 6.67%
18 6.09% 6.18% 6.83% 6.97%
19 6.52% 6.46% 6.93%
20 7.05% 7.04% 7.48%
21 7.23% 7.49% 7.81%
22 7.54% 7.77%
23 7.84% 8.14%
24 8.16% 8.30%
25 8.23%
26 8.53%
27 9.01%
Most Recent Business Articles
- Multiple criteria evaluation and optimization of transportation systems
- Multi-criteria analysis procedure for sustainable mobility evaluation in urban areas
- A two-leveled multi-objective symbiotic evolutionary algorithm for the hub and spoke location problem
- Multi-criteria analysis for evaluating the impacts of intelligent speed adaptation
- The development of Taiwan arterial traffic-adaptive signal control system and its field test: a Taiwan experience
Most Recent Business Publications
Most Popular Business Articles
- 7 tips for effective listening: productive listening does not occur naturally. It requires hard work and practice - Back To Basics - effective listening is a crucial skill for internal auditors
- FAS 109: a primer for non-accountants - Financial Accounting Standards Board's "Statement 109: Accounting for Income Taxes"
- Design a commission plan that drives sales - Sales Commissions
- Too Young to Rent a Car? - 25-years-old the minimum age for car renting - Brief Article
- Getting the global view: Nestle, led by Peter Brabeck-Letmathe, climbs to the #1 spot in this year's Best Companies for Leaders


