SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
-----
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d)
OF THE SECURITIES EXCHANGE ACT OF 1934
Date of Report (date of earliest event reported) March 18, 1997
The Money Store Inc. (as Representative) and TMS
Auto Holdings, Inc. (as Seller) under a Sale and
Servicing Agreement dated as of February 28, 1997 in
connection with the issuance by The Money Store
Auto Trust 1997-1 of Asset Backed Notes and Asset
Backed Certificates.
TMS Auto Holdings,Inc.
The Money Store Inc.
(Exact name of registrant as specified in its charter)
Delaware 22-3405381
New Jersey 333-14075 22-2293022
(State or other jurisdiction of (Commission (IRS Employer
incorporation) File Number) ID Number)
2840 Morris Avenue, Union, New Jersey 07083
(Address of principal executive offices) (Zip Code)
Registrant's Telephone Number,
including area code: (908) 686-2000
N/A
(Former name or former address, if changed since last report)
<PAGE>
Item 5. Other Events
This Current Report on Form 8-K is being filed to file a copy of the
Computational Materials (as defined below) of Smith Barney Inc. in connection
with the issuance by The Money Store Auto Trust 1997-1 of Asset Backed Notes and
Asset Backed Certificates. The term "Computational Materials" shall have the
meaning given in the No-Action Letter of May 20, 1994 issued by the Securities
and Exchange Commission (the "SEC") to Kidder, Peabody Acceptance Corporation I,
Kidder, Peabody & Co. Incorporated and Kidder Structured Asset Corporation, as
supplemented in the No-Action Letter of February 17, 1995 issued by the SEC to
the Public Securities Association.
<PAGE>
Item 7. Financial Statements, Pro Forma Financial
Information and Exhibits.
(c) Exhibits
Exhibit No.
99.1 Computational Materials of Smith Barney Inc.
<PAGE>
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934,
the registrant has duly caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.
THE MONEY STORE INC., Representative
TMS AUTO HOLDINGS, INC., Seller
By: /s/ Morton Dear
Name: Morton Dear
Title: Executive Vice President of The
Money Store Inc. and TMS Auto
Holdings, Inc.
Dated: March __, 1997
<PAGE>
EXHIBIT INDEX
Exhibit Description of Exhibit
99.1 Computational Materials of Smith Barney Inc.
<TABLE>
<CAPTION>
THE MONEY STORE AUTO TRUST 1997-1 THE MONEY STORE AUTO TRUST 1997-1 THE MONEY STORE AUTO TRUST 1997-1
Class A-1 Notes Class A-2 Notes
<S> <C> <C> <C> <C> <C> <C> <C> <C>
0.5% 1.0% 1.7% 2.5% 0.5% 1.0% 1.7% 2.5%
Closing Date 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00%
04/20/97 97.60% 97.05% 96.27% 95.36% 100.00% 100.00% 100.00% 100.00%
05/20/97 94.40% 93.17% 91.43% 89.42% 100.00% 100.00% 100.00% 100.00%
06/20/97 91.20% 89.31% 86.65% 83.56% 100.00% 100.00% 100.00% 100.00%
07/20/97 87.99% 85.48% 81.92% 77.80% 100.00% 100.00% 100.00% 100.00%
08/20/97 84.80% 81.67% 77.25% 72.13% 100.00% 100.00% 100.00% 100.00%
09/20/97 82.29% 78.51% 73.17% 66.99% 100.00% 100.00% 100.00% 100.00%
10/20/97 79.92% 75.55% 69.37% 62.22% 100.00% 100.00% 100.00% 100.00%
11/20/97 77.54% 72.60% 65.62% 57.53% 100.00% 100.00% 100.00% 100.00%
12/20/97 75.15% 69.66% 61.89% 52.91% 100.00% 100.00% 100.00% 100.00%
01/20/98 72.76% 66.73% 58.21% 48.36% 100.00% 100.00% 100.00% 100.00%
02/20/98 70.35% 63.81% 54.57% 43.88% 100.00% 100.00% 100.00% 100.00%
03/20/98 67.93% 60.90% 50.97% 39.48% 100.00% 100.00% 100.00% 100.00%
04/20/98 65.50% 58.01% 47.41% 35.15% 100.00% 100.00% 100.00% 100.00%
05/20/98 63.07% 55.13% 43.90% 30.91% 100.00% 100.00% 100.00% 100.00%
06/20/98 60.62% 52.26% 40.43% 26.74% 100.00% 100.00% 100.00% 100.00%
07/20/98 58.17% 49.40% 37.01% 22.67% 100.00% 100.00% 100.00% 100.00%
08/20/98 55.70% 46.56% 33.63% 18.67% 100.00% 100.00% 100.00% 100.00%
09/20/98 53.23% 43.73% 30.30% 14.77% 100.00% 100.00% 100.00% 100.00%
10/20/98 50.74% 40.92% 27.03% 10.96% 100.00% 100.00% 100.00% 100.00%
11/20/98 48.25% 38.12% 23.80% 7.24% 100.00% 100.00% 100.00% 100.00%
12/20/98 45.75% 35.34% 20.63% 3.61% 100.00% 100.00% 100.00% 100.00%
01/20/99 43.24% 32.58% 17.51% 0.08% 100.00% 100.00% 100.00% 100.00%
02/20/99 40.72% 29.83% 14.45% 0.00% 100.00% 100.00% 100.00% 91.64%
03/20/99 38.18% 27.11% 11.45% 0.00% 100.00% 100.00% 100.00% 83.33%
04/20/99 35.64% 24.40% 8.50% 0.00% 100.00% 100.00% 100.00% 75.28%
05/20/99 33.10% 21.71% 5.62% 0.00% 100.00% 100.00% 100.00% 67.51%
06/20/99 30.54% 19.04% 2.80% 0.00% 100.00% 100.00% 100.00% 60.01%
07/20/99 27.97% 16.40% 0.04% 0.00% 100.00% 100.00% 100.00% 52.79%
08/20/99 25.39% 13.77% 0.00% 0.00% 100.00% 100.00% 93.37% 45.87%
09/20/99 22.81% 11.17% 0.00% 0.00% 100.00% 100.00% 86.81% 39.24%
10/20/99 20.21% 8.59% 0.00% 0.00% 100.00% 100.00% 80.42% 32.92%
11/20/99 17.61% 6.04% 0.00% 0.00% 100.00% 100.00% 74.21% 0.00%
12/20/99 15.00% 3.51% 0.00% 0.00% 100.00% 100.00% 68.18% 0.00%
01/20/00 12.38% 1.01% 0.00% 0.00% 100.00% 100.00% 62.34% 0.00%
02/20/00 9.75% 0.00% 0.00% 0.00% 100.00% 96.33% 56.70% 0.00%
03/20/00 7.11% 0.00% 0.00% 0.00% 100.00% 90.20% 51.25% 0.00%
04/20/00 4.46% 0.00% 0.00% 0.00% 100.00% 84.15% 46.00% 0.00%
05/20/00 1.80% 0.00% 0.00% 0.00% 100.00% 78.18% 40.96% 0.00%
06/20/00 0.00% 0.00% 0.00% 0.00% 97.85% 72.28% 36.13% 0.00%
07/20/00 0.00% 0.00% 0.00% 0.00% 91.17% 66.45% 31.52% 0.00%
08/20/00 0.00% 0.00% 0.00% 0.00% 84.47% 60.71% 0.00% 0.00%
09/20/00 0.00% 0.00% 0.00% 0.00% 77.75% 55.05% 0.00% 0.00%
10/20/00 0.00% 0.00% 0.00% 0.00% 71.01% 49.48% 0.00% 0.00%
11/20/00 0.00% 0.00% 0.00% 0.00% 64.26% 44.00% 0.00% 0.00%
12/20/00 0.00% 0.00% 0.00% 0.00% 57.48% 38.61% 0.00% 0.00%
01/20/01 0.00% 0.00% 0.00% 0.00% 50.68% 33.31% 0.00% 0.00%
02/20/01 0.00% 0.00% 0.00% 0.00% 43.87% 28.11% 0.00% 0.00%
03/20/01 0.00% 0.00% 0.00% 0.00% 37.03% 0.00% 0.00% 0.00%
04/20/01 0.00% 0.00% 0.00% 0.00% 30.18% 0.00% 0.00% 0.00%
05/20/01 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
06/20/01 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
07/20/01 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
08/20/01 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
09/20/01 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
10/20/01 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
11/20/01 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Avg. Life 1.627 1.377 1.096 0.870 3.824 3.567 3.009 2.360
(years)
Certificates
<C> <C> <C> <C>
0.5% 1.0% 1.7% 2.5%
100.00% 100.00% 100.00% 100.00%
100.00% 100.00% 100.00% 100.00%
100.00% 100.00% 100.00% 100.00%
100.00% 100.00% 100.00% 100.00%
100.00% 100.00% 100.00% 100.00%
100.00% 100.00% 100.00% 100.00%
100.00% 100.00% 100.00% 100.00%
100.00% 100.00% 100.00% 100.00%
100.00% 100.00% 100.00% 100.00%
100.00% 100.00% 100.00% 100.00%
100.00% 100.00% 100.00% 100.00%
100.00% 100.00% 100.00% 100.00%
100.00% 100.00% 100.00% 100.00%
100.00% 100.00% 100.00% 100.00%
100.00% 100.00% 100.00% 100.00%
100.00% 100.00% 100.00% 100.00%
100.00% 100.00% 100.00% 100.00%
100.00% 100.00% 100.00% 100.00%
100.00% 100.00% 100.00% 100.00%
100.00% 100.00% 100.00% 100.00%
100.00% 100.00% 100.00% 100.00%
100.00% 100.00% 100.00% 100.00%
100.00% 100.00% 100.00% 100.00%
100.00% 100.00% 100.00% 100.00%
100.00% 100.00% 100.00% 100.00%
100.00% 100.00% 100.00% 100.00%
100.00% 100.00% 100.00% 100.00%
100.00% 100.00% 100.00% 100.00%
100.00% 100.00% 100.00% 100.00%
100.00% 100.00% 100.00% 100.00%
100.00% 100.00% 100.00% 100.00%
100.00% 100.00% 100.00% 100.00%
100.00% 100.00% 100.00% 0.00%
100.00% 100.00% 100.00% 0.00%
100.00% 100.00% 100.00% 0.00%
100.00% 100.00% 100.00% 0.00%
100.00% 100.00% 100.00% 0.00%
100.00% 100.00% 100.00% 0.00%
100.00% 100.00% 100.00% 0.00%
100.00% 100.00% 100.00% 0.00%
100.00% 100.00% 100.00% 0.00%
100.00% 100.00% 0.00% 0.00%
100.00% 100.00% 0.00% 0.00%
100.00% 100.00% 0.00% 0.00%
100.00% 100.00% 0.00% 0.00%
100.00% 100.00% 0.00% 0.00%
100.00% 100.00% 0.00% 0.00%
100.00% 100.00% 0.00% 0.00%
100.00% 0.00% 0.00% 0.00%
100.00% 0.00% 0.00% 0.00%
0.00% 0.00% 0.00% 0.00%
0.00% 0.00% 0.00% 0.00%
0.00% 0.00% 0.00% 0.00%
0.00% 0.00% 0.00% 0.00%
0.00% 0.00% 0.00% 0.00%
0.00% 0.00% 0.00% 0.00%
0.00% 0.00% 0.00% 0.00%
4.153 3.986 3.403 2.653
</TABLE>
<TABLE>
<CAPTION>
THE MONEY STORE AUTO TRUST 1997-1
Class A-1 Notes Class A-2 Notes
<S> <C> <C> <C> <C> <C> <C> <C> <C>
0.5% 1.0% 1.7% 2.5% 0.5% 1.0% 1.7% 2.5%
Closing Date 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00%
04/20/97 97.60% 97.05% 96.27% 95.36% 100.00% 100.00% 100.00% 100.00%
05/20/97 94.40% 93.17% 91.43% 89.42% 100.00% 100.00% 100.00% 100.00%
06/20/97 91.20% 89.31% 86.65% 83.56% 100.00% 100.00% 100.00% 100.00%
07/20/97 87.99% 85.48% 81.92% 77.80% 100.00% 100.00% 100.00% 100.00%
08/20/97 84.80% 81.67% 77.25% 72.13% 100.00% 100.00% 100.00% 100.00%
09/20/97 82.29% 78.51% 73.17% 66.99% 100.00% 100.00% 100.00% 100.00%
10/20/97 79.92% 75.55% 69.37% 62.22% 100.00% 100.00% 100.00% 100.00%
11/20/97 77.54% 72.60% 65.62% 57.53% 100.00% 100.00% 100.00% 100.00%
12/20/97 75.15% 69.66% 61.89% 52.91% 100.00% 100.00% 100.00% 100.00%
01/20/98 72.76% 66.73% 58.21% 48.36% 100.00% 100.00% 100.00% 100.00%
02/20/98 70.35% 63.81% 54.57% 43.88% 100.00% 100.00% 100.00% 100.00%
03/20/98 67.93% 60.90% 50.97% 39.48% 100.00% 100.00% 100.00% 100.00%
04/20/98 65.50% 58.01% 47.41% 35.15% 100.00% 100.00% 100.00% 100.00%
05/20/98 63.07% 55.13% 43.90% 30.91% 100.00% 100.00% 100.00% 100.00%
06/20/98 60.62% 52.26% 40.43% 26.74% 100.00% 100.00% 100.00% 100.00%
07/20/98 58.17% 49.40% 37.01% 22.67% 100.00% 100.00% 100.00% 100.00%
08/20/98 55.70% 46.56% 33.63% 18.67% 100.00% 100.00% 100.00% 100.00%
09/20/98 53.23% 43.73% 30.30% 14.77% 100.00% 100.00% 100.00% 100.00%
10/20/98 50.74% 40.92% 27.03% 10.96% 100.00% 100.00% 100.00% 100.00%
11/20/98 48.25% 38.12% 23.80% 7.24% 100.00% 100.00% 100.00% 100.00%
12/20/98 45.75% 35.34% 20.63% 3.61% 100.00% 100.00% 100.00% 100.00%
01/20/99 43.24% 32.58% 17.51% 0.08% 100.00% 100.00% 100.00% 100.00%
02/20/99 40.72% 29.83% 14.45% 0.00% 100.00% 100.00% 100.00% 91.64%
03/20/99 38.18% 27.11% 11.45% 0.00% 100.00% 100.00% 100.00% 83.33%
04/20/99 35.64% 24.40% 8.50% 0.00% 100.00% 100.00% 100.00% 75.28%
05/20/99 33.10% 21.71% 5.62% 0.00% 100.00% 100.00% 100.00% 67.51%
06/20/99 30.54% 19.04% 2.80% 0.00% 100.00% 100.00% 100.00% 60.01%
07/20/99 27.97% 16.40% 0.04% 0.00% 100.00% 100.00% 100.00% 52.79%
08/20/99 25.39% 13.77% 0.00% 0.00% 100.00% 100.00% 93.37% 45.87%
09/20/99 22.81% 11.17% 0.00% 0.00% 100.00% 100.00% 86.81% 39.24%
10/20/99 20.21% 8.59% 0.00% 0.00% 100.00% 100.00% 80.42% 32.92%
11/20/99 17.61% 6.04% 0.00% 0.00% 100.00% 100.00% 74.21% 26.92%
12/20/99 15.00% 3.51% 0.00% 0.00% 100.00% 100.00% 68.18% 21.23%
01/20/00 12.38% 1.01% 0.00% 0.00% 100.00% 100.00% 62.34% 15.87%
02/20/00 9.75% 0.00% 0.00% 0.00% 100.00% 96.33% 56.70% 10.85%
03/20/00 7.11% 0.00% 0.00% 0.00% 100.00% 90.20% 51.25% 6.18%
04/20/00 4.46% 0.00% 0.00% 0.00% 100.00% 84.15% 46.00% 1.86%
05/20/00 1.80% 0.00% 0.00% 0.00% 100.00% 78.18% 40.96% 0.00%
06/20/00 0.00% 0.00% 0.00% 0.00% 97.85% 72.28% 36.13% 0.00%
07/20/00 0.00% 0.00% 0.00% 0.00% 91.17% 66.45% 31.52% 0.00%
08/20/00 0.00% 0.00% 0.00% 0.00% 84.47% 60.71% 27.13% 0.00%
09/20/00 0.00% 0.00% 0.00% 0.00% 77.75% 55.05% 22.97% 0.00%
10/20/00 0.00% 0.00% 0.00% 0.00% 71.01% 49.48% 19.05% 0.00%
11/20/00 0.00% 0.00% 0.00% 0.00% 64.26% 44.00% 15.37% 0.00%
12/20/00 0.00% 0.00% 0.00% 0.00% 57.48% 38.61% 11.94% 0.00%
01/20/01 0.00% 0.00% 0.00% 0.00% 50.68% 33.31% 8.76% 0.00%
02/20/01 0.00% 0.00% 0.00% 0.00% 43.87% 28.11% 5.84% 0.00%
03/20/01 0.00% 0.00% 0.00% 0.00% 37.03% 23.01% 3.18% 0.00%
04/20/01 0.00% 0.00% 0.00% 0.00% 30.18% 18.01% 0.80% 0.00%
05/20/01 0.00% 0.00% 0.00% 0.00% 23.32% 13.11% 0.00% 0.00%
06/20/01 0.00% 0.00% 0.00% 0.00% 16.43% 8.33% 0.00% 0.00%
07/20/01 0.00% 0.00% 0.00% 0.00% 9.53% 3.66% 0.00% 0.00%
08/20/01 0.00% 0.00% 0.00% 0.00% 2.62% 0.00% 0.00% 0.00%
09/20/01 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
10/20/01 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
11/20/01 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Avg. Life 1.627 1.377 1.096 0.870 3.867 3.622 3.105 2.429
(years)
THE MONEY STORE AUTO TRUST 1997-1
Certificates
<C> <C> <C> <C>
0.5% 1.0% 1.7% 2.5%
100.00% 100.00% 100.00% 100.00%
100.00% 100.00% 100.00% 100.00%
100.00% 100.00% 100.00% 100.00%
100.00% 100.00% 100.00% 100.00%
100.00% 100.00% 100.00% 100.00%
100.00% 100.00% 100.00% 100.00%
100.00% 100.00% 100.00% 100.00%
100.00% 100.00% 100.00% 100.00%
100.00% 100.00% 100.00% 100.00%
100.00% 100.00% 100.00% 100.00%
100.00% 100.00% 100.00% 100.00%
100.00% 100.00% 100.00% 100.00%
100.00% 100.00% 100.00% 100.00%
100.00% 100.00% 100.00% 100.00%
100.00% 100.00% 100.00% 100.00%
100.00% 100.00% 100.00% 100.00%
100.00% 100.00% 100.00% 100.00%
100.00% 100.00% 100.00% 100.00%
100.00% 100.00% 100.00% 100.00%
100.00% 100.00% 100.00% 100.00%
100.00% 100.00% 100.00% 100.00%
100.00% 100.00% 100.00% 100.00%
100.00% 100.00% 100.00% 100.00%
100.00% 100.00% 100.00% 100.00%
100.00% 100.00% 100.00% 100.00%
100.00% 100.00% 100.00% 100.00%
100.00% 100.00% 100.00% 100.00%
100.00% 100.00% 100.00% 100.00%
100.00% 100.00% 100.00% 100.00%
100.00% 100.00% 100.00% 100.00%
100.00% 100.00% 100.00% 100.00%
100.00% 100.00% 100.00% 100.00%
100.00% 100.00% 100.00% 100.00%
100.00% 100.00% 100.00% 100.00%
100.00% 100.00% 100.00% 100.00%
100.00% 100.00% 100.00% 100.00%
100.00% 100.00% 100.00% 100.00%
100.00% 100.00% 100.00% 100.00%
100.00% 100.00% 100.00% 70.61%
100.00% 100.00% 100.00% 20.38%
100.00% 100.00% 100.00% 9.67%
100.00% 100.00% 100.00% 0.00%
100.00% 100.00% 100.00% 0.00%
100.00% 100.00% 100.00% 0.00%
100.00% 100.00% 100.00% 0.00%
100.00% 100.00% 100.00% 0.00%
100.00% 100.00% 100.00% 0.00%
100.00% 100.00% 100.00% 0.00%
100.00% 100.00% 100.00% 0.00%
100.00% 100.00% 100.00% 0.00%
100.00% 100.00% 81.84% 0.00%
100.00% 100.00% 56.45% 0.00%
100.00% 100.00% 35.16% 0.00%
100.00% 87.44% 18.09% 0.00%
39.59% 25.32% 5.33% 0.00%
19.82% 12.49% 2.23% 0.00%
0.00% 0.00% 0.00% 0.00%
4.536 4.507 4.319 3.237
</TABLE>
