<PAGE> 1
THE MONEY STORE ASSET BACKED CERTIFICATES RECORD DATE: 07/31/00
SERIES 1998-A DETERMINATION DATE: 08/10/00
STATEMENT TO CERTIFICATEHOLDER DISTRIBUTION DATE: 08/15/00
[FIRST UNION LOGO]
<TABLE>
<CAPTION>
====================================================================================================================================
Original Beginning Current Ending
Certificate Certificate Certificate Realized Total Certificate
Class Cusip Rate Balance Balance Interest Principal Loss Distribution Balance
====================================================================================================================================
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
AF-1 60935BCX5 6.35000% 131,000,000.00 0.00 0.00 0.00 0.00 0.00 0.00
Factors per 0.00000000 0.00000000 0.00000000 0.00000000
Thousand
------------------------------------------------------------------------------------------------------------------------------------
AF-2 60935BDS5 6.20500% 66,000,000.00 0.00 0.00 0.00 0.00 0.00 0.00
Factors per 0.00000000 0.00000000 0.00000000 0.00000000
Thousand
------------------------------------------------------------------------------------------------------------------------------------
AF-3 60935BCZ0 6.13000% 120,000,000.00 44,720,987.34 228,449.71 6,442,147.80 0.00 6,670,597.52 38,278,839.54
Factors per 1.90374759 53.68456504 55.58831263 318.99032946
Thousand
------------------------------------------------------------------------------------------------------------------------------------
AF-4 60935BDA4 6.22500% 45,000,000.00 45,000,000.00 233,437.50 0.00 0.00 233,437.50 45,000,000.00
Factors per 5.18750000 0.00000000 5.18750000 1000.00000000
Thousand
------------------------------------------------------------------------------------------------------------------------------------
AF-5 60935BDB2 6.37000% 59,000,000.00 59,000,000.00 313,191.67 0.00 0.00 313,191.67 59,000,000.00
Factors per 5.30833333 0.00000000 5.30833333 1000.00000000
Thousand
------------------------------------------------------------------------------------------------------------------------------------
AF-6 60935BDC0 6.47000% 43,000,000.00 43,000,000.00 231,841.67 0.00 0.00 231,841.67 43,000,000.00
Factors per 5.39166667 0.00000000 5.39166667 1000.00000000
Thousand
------------------------------------------------------------------------------------------------------------------------------------
AF-7 60935BDD8 6.87000% 49,000,000.00 49,000,000.00 280,525.00 0.00 0.00 280,525.00 49,000,000.00
Factors per 5.72500000 0.00000000 5.72500000 1000.00000000
Thousand
------------------------------------------------------------------------------------------------------------------------------------
AF-8 60935BDE6 6.24500% 30,000,000.00 30,000,000.00 156,125.00 0.00 0.00 156,125.00 30,000,000.00
Factors per 5.20416667 0.00000000 5.20416667 1000.00000000
Thousand
------------------------------------------------------------------------------------------------------------------------------------
AF-9 60935BDF3 6.40000% 27,000,000.00 27,000,000.00 144,000.00 0.00 0.00 144,000.00 27,000,000.00
Factors per 5.33333333 0.00000000 5.33333333 1000.00000000
Thousand
------------------------------------------------------------------------------------------------------------------------------------
Pool I 570,000,000.00 297,720,987.34 1,587,570.54 6,442,147.80 0.00 8,029,718.35 291,278,839.54
Totals 5.33241058 21.63820516 26.97061574 511.01550796
------------------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------------------
A-V 60935BDG1 6.80625% 530,000,000.00 180,628,949.82 990,354.66 7,386,060.92 0.00 8,376,415.58 173,242,888.90
Factors per 1.86859371 13.93596400 15.80455771 326.87
Thousand
------------------------------------------------------------------------------------------------------------------------------------
POOL II 530,000,000.00 180,628,949.82 990,354.66 7,386,060.92 0.00 8,376,415.58 173,242,888.90
Totals 1.86859371 13.93596400 15.80455771 326.87337528
====================================================================================================================================
</TABLE>
FIRST UNION NATIONAL BANK ROBERT ASHBAUGH
Structured Finance Trust Services VICE PRESIDENT
401 South Tryon Street, 12th Floor PHONE: 704-383-9568
Charlotte, North Carolina 28288-1179 FAX: 704-383-6039
<PAGE> 2
THE MONEY STORE ASSET BACKED CERTIFICATES RECORD DATE: 07/31/00
SERIES 1998-A DETERMINATION DATE: 08/10/00
STATEMENT TO CERTIFICATEHOLDER DISTRIBUTION DATE: 08/15/00
[FIRST UNION LOGO]
<TABLE>
<CAPTION>
====================================================================================================================================
Original Beginning Current Ending
Certificate Certificate Certificate Realized Total Certificate
Class Cusip Rate Balance Balance Interest Principal Loss Distribution Balance
====================================================================================================================================
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
AH-1 60935BDH9 6.35500% 55,523,000.00 0.00 0.00 0.00 0.00 0.00 0.00
Factors per 0.00000000 0.00000000 0.00000000 0.00000000
Thousand
------------------------------------------------------------------------------------------------------------------------------------
AH-2 60935BDJ5 6.20000% 12,685,000.00 0.00 0.00 0.00 0.00 0.00 0.00
Factors per 0.00000000 0.00000000 0.00000000 0.00000000
Thousand
------------------------------------------------------------------------------------------------------------------------------------
AH-3 60935BDK2 6.17500% 29,307,000.00 4,144,887.60 21,328.90 1,995,463.45 0.0 2,016,792.35 2,149,424.15
Factors per 0.72777496 68.08828765 68.81606261 73.34166424
Thousand
------------------------------------------------------------------------------------------------------------------------------------
AH-4 60935BDL0 6.39500% 10,406,000.00 10,406,000.00 55,455.31 0.00 0.00 55,455.31 10,406,000.00
Factors per 5.32916667 0.00000000 5.32916667 1000.00000000
Thousand
------------------------------------------------------------------------------------------------------------------------------------
AH-5 60935BDM8 6.91000% 18,510,000.00 18,510,000.00 106,586.75 0.00 0.00 106,586.75 18,510,000.00
Factors per 5.75833333 0.00000000 5.75833333 1000.00000000
Thousand
------------------------------------------------------------------------------------------------------------------------------------
MH-1 60935BDN6 6.88500% 12,375,000.00 12,375,000.00 71,001.56 0.00 0.00 71,001.56 12,375,000.00
Factors per 5.73750000 0.00000000 5.73750000 1000.00000000
Thousand
------------------------------------------------------------------------------------------------------------------------------------
MH-2 60935BDP1 7.23000% 12,581,000.00 12,581,000.00 75,800.53 0.00 0.00 75,800.53 12,581,000.00
Factors per 6.02500000 0.00000000 6.02500000 1000.00000000
Thousand
------------------------------------------------------------------------------------------------------------------------------------
BH 60935BDQ9 7.96500% 13,613,000.00 13,613,000.00 90,356.29 0.00 0.00 90,356.29 13,613,000.00
Factors per 6.63750000 0.00000000 6.63750000 1000.00000000
Thousand
------------------------------------------------------------------------------------------------------------------------------------
Pool III 165,000,000.00 71,629,887.60 420,529.33 1,995,463.45 0.00 2,415,992.78 69,634,424.15
Totals 2.54866263 12.09371786 14.64238049 422.03
------------------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------------------
X n/a 0.00000% 0.00 0.00 26,094.76 0.00 0.00 26,094.76 0.00
------------------------------------------------------------------------------------------------------------------------------------
R n/a 0.00000% 0.00 0.00 0.00 0.00 0.00 0.00 0.00
------------------------------------------------------------------------------------------------------------------------------------
TOTALS 1,265,000,000.00 549,979,824.76 3,024,549.30 15,823,672.17 0.00 18,848,221.47 534,156,152.59
====================================================================================================================================
</TABLE>
FIRST UNION NATIONAL BANK ROBERT ASHBAUGH
Structured Finance Trust Services VICE PRESIDENT
401 South Tryon Street, 12th Floor PHONE: 704-383-9568
Charlotte, North Carolina 28288-1179 FAX: 704-383-6039
<PAGE> 3
THE MONEY STORE ASSET BACKED CERTIFICATES RECORD DATE: 07/31/00
SERIES 1998-A DETERMINATION DATE: 08/10/00
STATEMENT TO CERTIFICATEHOLDER DISTRIBUTION DATE: 08/15/00
[FIRST UNION LOGO]
================================================================================
Certificate Information
Pool I
Interest Carry Forward Monthly Advance Interest Carryover
Requirement Amount for Bankruptcy based on
Net Funds Cap
AF-1 0.00 0.00 0.00
AF-2 0.00 0.00 0.00
AF-3 228,449.71 0.00 0.00
AF-4 233,437.50 0.00 0.00
AF-5 313,191.67 0.00 0.00
AF-6 231,841.67 0.00 0.00
AF-7 280,525.00 0.00 0.00
AF-8 156,125.00 0.00 0.00
AF-9 144,000.00 0.00 0.00
Pool II
AV 990,354.66 0.00 0.00 12.87
================================================================================
FIRST UNION NATIONAL BANK ROBERT ASHBAUGH
Structured Finance Trust Services VICE PRESIDENT
401 South Tryon Street, 12th Floor PHONE: 704-383-9568
Charlotte, North Carolina 28288-1179 FAX: 704-383-6039
<PAGE> 4
THE MONEY STORE ASSET BACKED CERTIFICATES RECORD DATE: 07/31/00
SERIES 1998-A DETERMINATION DATE: 08/10/00
STATEMENT TO CERTIFICATEHOLDER DISTRIBUTION DATE: 08/15/00
[FIRST UNION LOGO]
================================================================================
Pool III
Certificate Information
Unapplied
Interest Carry Forward Monthly Advance Applied Realized Realized
Requirement Amount for Bankruptcy Loss Amount Loss Amount
AH-1 0.00 0.00 0.00 0.00 0.00
AH-2 0.00 0.00 0.00 1.00 0.00
AH-3 21,328.90 0.00 0.00 0.00 0.00
AH-4 55,455.31 0.00 0.00 0.00 0.00
AH-5 106,586.75 0.00 0.00 0.00 0.00
MH-1 71,001.56 0.00 0.00 0.00 0.00
MH-2 75,800.53 0.00 0.00 0.00 0.00
BH 90,356.29 0.00 0.00 0.00 0.00
================================================================================
FIRST UNION NATIONAL BANK ROBERT ASHBAUGH
Structured Finance Trust Services VICE PRESIDENT
401 South Tryon Street, 12th Floor PHONE: 704-383-9568
Charlotte, North Carolina 28288-1179 FAX: 704-383-6039
<PAGE> 5
THE MONEY STORE ASSET BACKED CERTIFICATES RECORD DATE: 07/31/00
SERIES 1998-A DETERMINATION DATE: 08/10/00
STATEMENT TO CERTIFICATEHOLDER DISTRIBUTION DATE: 08/15/00
[FIRST UNION LOGO]
<TABLE>
====================================================================================================================================
POOL I
<S> <C> <C> <C> <C> <C> <C> <C> <C>
SCHEDULE OF REMITTANCE
Aggregate Amount Received 8,542,669.60 FEES
Contingency Fee 67,304.20
Monthly Advance 0.00 Expense Account 2,481.01
(Unreimbursed Monthly Advance) (59,463.85) Insurance Fee 25,430.33
(Servicer Fee) (67,304.20) Servicer Fee 67,304.20
(Contingency Fee) (67,304.20)
(Late Charges) (80,556.99)
(Escrow) (210,410.67)
(Excess Spread) (1,005,927.53)
(Subordination Reduction Amount) 0.00
--------------- PRIOR THREE MONTHS WEIGHTED AVERAGE MORTGAGE INTEREST RATES
(1,490,967.44) 5/31/2000 06/30/2000 07/31/2000
--------- ---------- ----------
10.515% 10.509% 10.500%
AVAILABLE REMITTANCE AMOUNT 7,051,702.16
===============
====================================================================
DELINQUENT INFOR. # LOANS AMOUNT PERCENTAGE
EXHIBIT 0 ====================================================================
Delinquent 1-29 Days 537 26,772,485.27 8.69%
----------------------------------------------------- Delinquent 30-59 Days 116 5,839.271.85 1.89%
Outstanding Balance $308,183,847.90 Delinquent 60-89 Days 37 1,909,094.35 0.62%
----------------------------------------------------- Delinquent 90 and over 94 6,922,762.80 2.25%
# Accounts 5,823 Loans in Foreclosure 178 11,180,300.75 3.63%
----------------------------------------------------- REO Property 56 4,097,414.70 1.33%
---------------------------------------------
TOTALS 1018 $ 56,721,329.72 18.41%
====================================================================
====================================================================================================================================
</TABLE>
FIRST UNION NATIONAL BANK ROBERT ASHBAUGH
Structured Finance Trust Services VICE PRESIDENT
401 South Tryon Street, 12th Floor PHONE: 704-383-9568
Charlotte, North Carolina 28288-1179 FAX: 704-383-6039
<PAGE> 6
THE MONEY STORE ASSET BACKED CERTIFICATES RECORD DATE: 07/31/00
SERIES 1998-A DETERMINATION DATE: 08/10/00
STATEMENT TO CERTIFICATEHOLDER DISTRIBUTION DATE: 08/15/00
[FIRST UNION LOGO]
<TABLE>
=================================================================================================================================
POOL I
<S> <C> <C> <C> <C> <C>
COLLATERAL INFORMATION
Adjusted Mortgage Interest Rate 9.847% WAM 259
Aggregate Beginning Principal Balance of Loans ############ Weighted Average Adjusted Mortgage Loan
Aggregate Ending Principal Balance of Loans ############ Remittance Rate 6.511%
Pool I Class X Distribution 0.00
Compensating Interest 1,402.83
Curtailments 980,375.29
Excess and Monthly Payments 652,482.05
Interest Received 2,815,481.67
Payments And Reimbursements to the Servicers
Pursuant to:
Section 5.04(b) 0.00
Section 5.04(c) 0.00
Section 5.04(d)(ii) 0.00
Section 5.04(e) 0.00
Section 5.04(f)(i) 134,608.40
Principal Prepayments (Number / Amount) 94 3,803,362.93
Realized Losses/ Cumulative 1,200,919.16 10,498,272.02
Specified Subordinated Amount 17,100,000.00
Spread Account Balance 0.00
Subordinated Amount 15,899,080.83
=================================================================================================================================
</TABLE>
FIRST UNION NATIONAL BANK ROBERT ASHBAUGH
Structured Finance Trust Services VICE PRESIDENT
401 South Tryon Street, 12th Floor PHONE: 704-383-9568
Charlotte, North Carolina 28288-1179 FAX: 704-383-6039
<PAGE> 7
THE MONEY STORE ASSET BACKED CERTIFICATES RECORD DATE: 07/31/00
SERIES 1998-A DETERMINATION DATE: 08/10/00
STATEMENT TO CERTIFICATEHOLDER DISTRIBUTION DATE: 08/15/00
[FIRST UNION LOGO]
<TABLE>
====================================================================================================================================
POOL II
<S> <C> <C> <C> <C> <C> <C> <C> <C>
SCHEDULE OF REMITTANCE FEES
Aggregate Amount Received 8,731,216.47 Contingency Fee 42,906.95
Expense Account 1,505.24
Monthly Advance 27,909.01 Insurance Fee 16,933.96
(Unreimbursed Monthly Advance) 0.00 Servicer Fee 42,906.96
(Servicer Fee) (42,906.96)
(Contingency Fee) (42,906.95)
(Late Charges) (69,743.48)
(Escrow) (182,618.54)
(Excess Spread) (818,502.64)
(Subordination Reduction Amount) 0.00
--------------- PRIOR THREE MONTHS WEIGHTED AVERAGE MORTGAGE INTEREST RATES
(1,128,769.56) 05/31/2000 06/30/2000 07/31/2000
---------- ---------- ----------
10.946% 10.999% 10.997%
AVAILABLE REMITTANCE AMOUNT 7,602,446.91
===============
====================================================================
DELINQUENT INFOR. # LOANS AMOUNT PERCENTAGE
EXHIBIT 0 ====================================================================
Delinquent 1-29 Days 237 18,662,284.65 9.28%
----------------------------------------------------- Delinquent 30-59 Days 67 5,734,217.10 2.85%
Outstanding Balance $201,067,888.90 Delinquent 60-89 Days 19 1,277,714.88 0.64%
----------------------------------------------------- Delinquent 90 and over 93 7,565,448.51 3.76%
# Accounts 2,467 Loans in Foreclosure 201 17,679,058.01 8.79%
----------------------------------------------------- REO Property 82 6,153,425.80 3.06%
---------------------------------------------
TOTALS 699 $ 57,072,148.95 28.38%
====================================================================
====================================================================================================================================
</TABLE>
FIRST UNION NATIONAL BANK ROBERT ASHBAUGH
Structured Finance Trust Services VICE PRESIDENT
401 South Tryon Street, 12th Floor PHONE: 704-383-9568
Charlotte, North Carolina 28288-1179 FAX: 704-383-6039
<PAGE> 8
THE MONEY STORE ASSET BACKED CERTIFICATES RECORD DATE: 07/31/00
SERIES 1998-A DETERMINATION DATE: 08/10/00
STATEMENT TO CERTIFICATEHOLDER DISTRIBUTION DATE: 08/15/00
[FIRST UNION LOGO]
<TABLE>
=================================================================================================================================
POOL II
<S> <C> <C> <C> <C> <C>
COLLATERAL INFORMATION
Adjusted Mortgage Interest Rate 10.381% WAM 329
Aggregate Beginning Principal Balance of Loans 208,318,051.20 Weighted Average Adjusted Mortgage Loan
Aggregate Ending Principal Balance of Loans 201,067,888.90 Remittance Rate 6.929%
Pool II Class X Distribution 26,094.76
Compensating Interest 0.00
Curtailments 630,627.23
Excess and Monthly Payments 108,034.90
Interest Received 1,885,201.41
Libor 10.492%
Payments And Reimbursements to the Servicers
Pursuant to:
Section 5.04(b) 0.00
Section 5.04(c) 0.00
Section 5.04(d)(ii) 0.00
Section 5.04(e) 0.00
Section 5.04(f)(i) 85,813.91
Principal Prepayments (Number / Amount) 65 5,829,431.75
Realized Losses/ Cumulative 682,068.38 8,603,626.58
Specified Subordinated Amount 27,825,000.00
Spread Account Balance 0.00
Subordinated Amount 27,007,032.96
=================================================================================================================================
</TABLE>
FIRST UNION NATIONAL BANK ROBERT ASHBAUGH
Structured Finance Trust Services VICE PRESIDENT
401 South Tryon Street, 12th Floor PHONE: 704-383-9568
Charlotte, North Carolina 28288-1179 FAX: 704-383-6039
<PAGE> 9
THE MONEY STORE ASSET BACKED CERTIFICATES RECORD DATE: 07/31/00
SERIES 1998-A DETERMINATION DATE: 08/10/00
STATEMENT TO CERTIFICATEHOLDER DISTRIBUTION DATE: 08/15/00
[FIRST UNION LOGO]
<TABLE>
====================================================================================================================================
POOL III
<S> <C> <C> <C> <C> <C> <C> <C> <C>
SCHEDULE OF REMITTANCE FEES
Aggregate Amount Received 2,440,343.42 Contingency Fee 15,796.00
Expense Account 1,193.83
Monthly Advance 41,628.31 FHA Premium Account 4,897.94
(Unreimbursed Monthly Advance) 0.00 Servicer Fee 15,796.01
(Servicer Fee) (15,796.01)
(Contingency Fee) (15,796.00)
(Late Charges) (11,629.68)
(Escrow) (16,665.49)
(Excess Spread) (396,122.48)
(Subordination Reduction Amount) 0.00
---------------
(414,381.34) PRIOR THREE MONTHS WEIGHTED AVERAGE MORTGAGE INTEREST RATES
05/31/2000 06/30/2000 07/31/2000
---------- ---------- ----------
AVAILABLE REMITTANCE AMOUNT 2,025,962.08 12.884% 12.875% 12.872%
===============
====================================================================
DELINQUENT INFOR. # LOANS AMOUNT PERCENTAGE
EXHIBIT 0 ====================================================================
Delinquent 1-29 Days 651 12,248,385.88 15.82%
----------------------------------------------------- Delinquent 30-59 Days 126 2,237,676.24 2.89%
Outstanding Balance $ 77,415,155.82 Delinquent 60-89 Days 50 948,060.30 1.22%
----------------------------------------------------- Delinquent 90 and over 98 1,803,472.57 2.33%
# Accounts 4,422 Loans in Foreclosure 9 210,448.30 0.27%
----------------------------------------------------- REO Property 2 21,570.21 0.03%
---------------------------------------------
TOTALS 936 $ 17,469,613.50 22.57%
====================================================================
====================================================================================================================================
</TABLE>
FIRST UNION NATIONAL BANK ROBERT ASHBAUGH
Structured Finance Trust Services VICE PRESIDENT
401 South Tryon Street, 12th Floor PHONE: 704-383-9568
Charlotte, North Carolina 28288-1179 FAX: 704-383-6039
<PAGE> 10
THE MONEY STORE ASSET BACKED CERTIFICATES RECORD DATE: 07/31/00
SERIES 1998-A DETERMINATION DATE: 08/10/00
STATEMENT TO CERTIFICATEHOLDER DISTRIBUTION DATE: 08/15/00
[FIRST UNION LOGO]
<TABLE>
===================================================================================================================================
POOL III
<S> <C> <C> <C> <C>
COLLATERAL INFORMATION
Accelerated Principal Distribution 0.00 Principal Prepayments (Number/Amount) 75 1,154,481.88
Adjusted Mortgage Interest Rate 12.327% Realized Losses/Cumulative 358,238.18 15,814,370.59
Aggregate Beginning Principal Balance of Loans 79,338,299.93 Senior Percentage/Class B Percent 662.625%
Aggregate Ending Principal Balance of Loans 77,415,155.82 Specified Subordinated Amount 9,900,000.00
Pool III Class X Distribution 0.00 Spread Account Balance --
Compensating Interest 2,296.97 Subordinated Amount 7,350,174.15
Curtailments 105,231.16 Trigger in Effect (Yes/No) Yes
Excess and Monthly Payment 244,885.10 WAM 196
FHA Claims Denied 0.00 Weighted Average Adjusted Mortgage Loan
FHA Claims Filed 22,060.15 Remittance Rate 8.065%
FHA Claims Paid 62,564.75
FHA Claims Pending 512,903.69
FHA Payments Received 62,564.75
Interest Received 807,809.34
Maximum Subordinated Amount 6,366,564.00
Payments And Reimbursements to the Servicers
Pursuant to:
Section 5.04(b) 0.00
Section 5.04(c) 0.00
Section 5.04(d)(ii) 0.00
Section 5.04(e) 0.00
Section 5.04(f)(i) 31,592.01
===================================================================================================================================
</TABLE>
FIRST UNION NATIONAL BANK ROBERT ASHBAUGH
Structured Finance Trust Services VICE PRESIDENT
401 South Tryon Street, 12th Floor PHONE: 704-383-9568
Charlotte, North Carolina 28288-1179 FAX: 704-383-6039
<PAGE> 11
THE MONEY STORE ASSET BACKED CERTIFICATES RECORD DATE: 07/31/00
SERIES 1998-A DETERMINATION DATE: 08/10/00
STATEMENT TO CERTIFICATEHOLDER DISTRIBUTION DATE: 08/15/00
[FIRST UNION LOGO]
<TABLE>
================================================================================================================================
Aggregates and Other Trust Information
<S> <C>
OTHER TRUST INFORMATION
Pool I and II insured Payment 0.00
Monthly Excess Spread Percentage 100.000%
================================================================================================================================
</TABLE>
FIRST UNION NATIONAL BANK ROBERT ASHBAUGH
Structured Finance Trust Services VICE PRESIDENT
401 South Tryon Street, 12th Floor PHONE: 704-383-9568
Charlotte, North Carolina 28288-1179 FAX: 704-383-6039
