<PAGE> 1
THE MONEY STORE ASSET BACKED CERTIFICATES
SERIES 1998-C
STATEMENT TO CERTIFICATEHOLDER
RECORD DATE: 10/31/00
DETERMINATION DATE: 11/10/00
DISTRIBUTION DATE: 11/15/00
A
<TABLE>
<CAPTION>
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Original Beginning Current Ending
Certificate Certificate Certificate Realized Total Certificate
Class Cusip Rate Balance Balance Interest Principal Loss Distribution Balance
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<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
AF-1 60935BEL9 6.89000% 401,250,000.00 247,414,000.00 1,420,568.72 5,213,000.00 0.00 6,633,568.72 242,201,000.00
Factors per
Thousand 3.54035817 12.99190031 16.53225848 603.61619938
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AF-2 60935BEM7 6.72000% 133,750,000.00 82,466,000.00 461,809.60 1,738,000.00 0.00 2,199,809.60 80,728,000.00
Factors per
Thousand 3.45278206 12.99439252 16.44717458 603.57383178
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POOL I 535,000,000.00 329,880,000.00 1,882,378.32 6,951,000.00 0.00 8,833,378.32 322,929,000.00
Totals 3.51846414 12.99252336 16.51098751 603.60560748
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-----------------------------------------------------------------------------------------------------------------------------------
A-V 60935BEN5 6.88000% 360,000,000.00 179,620,759.41 1,029,825.69 8,563,129.63 0.00 9,592,955.32 171,057,629.78
Factors per
Thousand 2.86062691 23.78647119 26.64709810 475.16008272
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POOL II 360,000,000.00 179,620,759.41 1,029,825.69 8,563,129.63 0.00 9,592,955.32 171,057,629.78
Totals 2.86062691 23.78647119 26.64709810 475.16008272
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-----------------------------------------------------------------------------------------------------------------------------------
TOTALS 895,000,000.00 509,500,759.41 2,912,204.00 15,514,129.63 0.00 18,426,333.63 493,986,629.78
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</TABLE>
THE BANK OF NEW YORK KARON GREENE
101 Barclay Street PHONE: 212-815-8363
New York, New York 10286 FAX: 212-815-5309
<PAGE> 2
THE MONEY STORE ASSET BACKED CERTIFICATES
SERIES 1998-C
STATEMENT TO CERTIFICATEHOLDER
RECORD DATE: 10/31/00
DETERMINATION DATE: 11/10/00
DISTRIBUTION DATE: 11/15/00
A
<TABLE>
<CAPTION>
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Certificate Information Other Trust Information
Pool I
Interest Carry Forward Monthly Advance
Requirement Amount for Bankruptcy Libor 6.620%
<S> <C> <C> <C> <C> <C> <C>
AF-1 1,420,568.72 0.00 0.00 Aggregate Spread Account Beginning Balance 43,980,395.05
AF-2 461,809.60 0.00 0.00 Interest Earnings 243,063.01
Adjustments (532.63)
Deposits to Spread Account 53,986.91
Withdrawals from Spread Account 0.00
POOL II Aggregate Ending Spread Account Balance 44,276,912.34
Aggregate Interest Earnings 3,451,771.78
AV 1,029,825.69 0.00 0.00 Aggregate Ending Spread Account Balance less
Interest Earnings 40,825,140.56
Aggregate Specified Spread Account Requirement 40,899,424.76
====================================================================================================================================
</TABLE>
THE BANK OF NEW YORK KARON GREENE
101 Barclay Street PHONE: 212-815-8363
New York, New York 10286 FAX: 212-815-5309
<PAGE> 3
THE MONEY STORE ASSET BACKED CERTIFICATES
SERIES 1998-C
STATEMENT TO CERTIFICATEHOLDER
RECORD DATE: 10/31/00
DETERMINATION DATE: 11/10/00
DISTRIBUTION DATE: 11/15/00
A
<TABLE>
<CAPTION>
===================================================================================================================================
POOL I
SCHEDULE OF REMITTANCE COLLATERAL INFORMATION
<S> <C> <C> <C>
Aggregate Amount Received 9,469,753.69 Adjusted Mortgage Interest Rate 9.782%
Aggregate Beginning Principal Balance of Loans 329,900,237.70
Monthly Advance 54,616.49 Aggregate Ending Principal Balance of Loans 322,950,080.70
(Unreimbursed Monthly Advance) 0.00 Compensating Interest 489.64
(Servicer Fee) (67,379.57) Curtailments 741,543.89
(Contingency Fee) (67,379.56) Excess and Monthly Payments 560,526.49
(Late Charges) (98,543.06) Interest Received 2,802,644.35
(Escrow) (144,752.23) Monthly Excess Spread Percentage 100%
(Excess Spread) (806,791.77) Payments And Reimbursements to the Servicers Pursuant to:
------------- Section 4.01(f) 134,759.13
(1,130,229.70) Principal Prepayments (Number/Amount) 123 5,088,823.77
Realized Losses (Current/Cumulative) 559,262.82 9,448,847.63
AVAILABLE REMITTANCE AMOUNT 8,339,523.99 Certificate Remittance Amount from Pool I 279,024.74
============= WAC 10.403%
WAM 264.85
FEES
Contingency Fee 67,379.56 SPREAD ACCOUNT INFORMATION
Expense Account 3,092.63 Spread Account Beginning Balance 27,225,180.79
Insurance Fee 30,239.00 Interest Earnings 144,915.98
Servicer Fee 67,379.57 Adjustments (331.83)
Deposits to Spread Account 0.00
Withdrawals from Spread Account for Insured Payment 0.00
PRIOR THREE MONTHS WEIGHTED AVERAGE MORTGAGE INTEREST RATES Total Withdrawals from Spread Account 0.00
7/31/00 8/31/00 9/30/00 Ending Spread Account Balance 27,369,764.94
------- ------- ------- Aggregate Interest Earnings 2,188,779.48
10.426% 10.418% 10.411% Ending Spread Account Balance less Interest Earnings 25,180,985.46
Specified Spread Account Requirement 20,062,500.00
===================================================================================================================================
</TABLE>
THE BANK OF NEW YORK KARON GREENE
101 Barclay Street PHONE: 212-815-8363
New York, New York 10286 FAX: 212-815-5309
<PAGE> 4
THE MONEY STORE ASSET BACKED CERTIFICATES
SERIES 1998-C
STATEMENT TO CERTIFICATEHOLDER
RECORD DATE: 10/31/00
DETERMINATION DATE: 11/10/00
DISTRIBUTION DATE: 11/15/00
A
<TABLE>
<CAPTION>
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POOL II
SCHEDULE OF REMITTANCE COLLATERAL INFORMATION
<S> <C> <C> <C>
Aggregate Amount Received 9,917,271.30 Adjusted Mortgage Interest Rate 10.331%
Aggregate Beginning Principal Balance of Loans 179,628,661.70
Monthly Advance 45,619.24 Aggregate Ending Principal Balance of Loans 171,065,532.10
(Unreimbursed Monthly Advance) 0.00 Compensating Interest 2,372.29
(Servicer Fee) (36,242.59) Curtailments 521,092.85
(Contingency Fee) (36,242.59) Excess and Monthly Payment 91,478.74
(Late Charges) (88,736.79) Interest Received 1,592,030.35
(Escrow) (136,053.50) Monthly Excess Spread Percentage 100%
(Excess Spread) (516,665.88) Payments And Reimbursements to the Servicers Pursuant to:
-------------- Section 4.01(f) 72,485.18
(768,322.11) Principal Prepayments (Number/Amount) 80 7,486,769.11
Realized Losses (Current/Cumulative) 463,788.93 5,484,347.57
AVAILABLE REMITTANCE AMOUNT 9,148,949.19 Certificate Remittance Amount from Pool II 0.00
============== WAC 10.956%
WAM 332.78
FEES
Contingency Fee 36,242.59 SPREAD ACCOUNT INFORMATION
Expense Account 2,207.84 Spread Account Beginning Balance 16,755,214.26
Insurance Fee 16,465.00 Interest Earnings 98,147.03
Servicer Fee 36,242.59 Adjustments (200.80)
Deposits to Spread Account 53,986.91
Withdrawals from Spread Account 0.00
PRIOR THREE MONTHS WEIGHTED AVERAGE MORTGAGE INTEREST RATES Ending Spread Account Balance 16,907,147.40
7/31/00 8/31/00 9/30/00 Aggregate Interest Earnings 1,262,992.30
------- ------- ------- Ending Spread Account Balance less Interest Earnings 15,644,155.10
10.262% 10.502% 10.813% Specified Spread Account Requirement 20,836,924.76
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</TABLE>
THE BANK OF NEW YORK KARON GREENE
101 Barclay Street PHONE: 212-815-8363
New York, New York 10286 FAX: 212-815-5309
<PAGE> 5
THE MONEY STORE ASSET BACKED CERTIFICATES
SERIES 1998-C
STATEMENT TO CERTIFICATEHOLDER
RECORD DATE: 10/31/00
DETERMINATION DATE: 11/10/00
DISTRIBUTION DATE: 11/15/00
A
<TABLE>
<CAPTION>
===================================================================================================================================
EXHIBIT L
-------------------------------------------------------------------------------------
POOL I DELINQUENT INFOR. # LOANS AMOUNT PERCENTAGE
-------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C>
Delinquent 1-29 Days 587 26,885,501.45 8.32%
--------------------------------------- Delinquent 30-59 Days 156 7,285,162.18 2.26%
Outstanding Balance 322,950,080.70 Delinquent 60-89 Days 49 2,302,495.84 0.71%
--------------------------------------- Delinquent 90 and over 84 5,175,012.19 1.60%
# Accounts 6,376 Loans in Foreclosure 202 14,312,242.99 4.43%
--------------------------------------- REO Property 67 3,944,822.65 1.22%
-------------------------------------------------------------
TOTALS 1,145 59,905,237.30 18.55%
-------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------
POOL II DELINQUENT INFOR. # LOANS AMOUNT PERCENTAGE
-------------------------------------------------------------------------------------
Delinquent 1-29 Days 187 14,393,025.11 8.41%
--------------------------------------- Delinquent 30-59 Days 80 6,882,848.10 4.02%
Outstanding Balance 171,065,532.10 Delinquent 60-89 Days 19 1,311,532.20 0.77%
--------------------------------------- Delinquent 90 and over 63 5,726,313.42 3.35%
# Accounts 2,216 Loans in Foreclosure 167 13,676,605.80 7.99%
--------------------------------------- REO Property 37 2,675,089.57 1.56%
-------------------------------------------------------------
TOTALS 553 44,665,414.20 26.11%
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</TABLE>
THE BANK OF NEW YORK KARON GREENE
101 Barclay Street PHONE: 212-815-8363
New York, New York 10286 FAX: 212-815-5309