<PAGE>
Exhibit 20.7
Page 1 of 3
Navistar Financial 2000 - A Owner Trust
For the Month of August 2000
Distribution Date of September 15, 2000
Servicer Certificate #7
<TABLE>
<S> <C>
Original Pool Amount $380,843,908.73
Subsequent Receivables (transferred 3/13/00) $74,413,256.03
Subsequent Receivables (transferred 3/20/00) $19,742,835.24
Beginning Pool Balance $415,648,446.06
Beginning Pool Factor 0.8750494
Principal and Interest Collections:
Principal Collected (Incl. Servicer Advance Repay) $9,222,489.83
Interest Collected $3,217,000.32
Additional Deposits:
Repurchase Amounts $0.00
Liquidation Proceeds / Recoveries $570,204.65
Total Additional Deposits $570,204.65
Repos / Chargeoffs $1,170,652.72
Aggregate Number of Notes Charged Off 75
Total Available Funds $13,009,694.80
Ending Pool Balance $405,255,303.51
Ending Pool Factor 0.8531691
Servicing Fee $346,373.71
Repayment of Servicer Advances $0.00
Reserve Account:
Beginning Balance (see Memo Item) $21,757,022.79
Target Percentage 5.25%
Target Balance $21,275,903.43
Minimum Balance $9,105,143.30
(Release) / Deposit ($481,119.36)
Ending Balance $21,275,903.43
Current Weighted Average APR: 9.302%
Current Weighted Average Remaining Term (months): 47.75
<CAPTION>
Delinquencies Dollars Notes
<S> <C> <C> <C>
Installments: 1 - 30 days $1,801,177.23 1,645
31 - 60 days $427,982.81 359
60+ days $144,075.66 88
Total: $2,373,235.70 1,649
Balances: 60+ days $4,111,490.67 88
Memo Item - Reserve Account
Prior Month $21,821,543.42
+ 3/13 Transfer $113,528.82
+ Invest. Income $0.00
+ Excess Serv. ($178,049.45)
Transfer (to) / from Collections Account $21,757,022.79
</TABLE>
<PAGE>
Exhibit 20.7
Page 2 of 3
Navistar Financial 2000 - A Owner Trust
For the Month of August 2000
<TABLE>
<CAPTION>
NOTES
CLASS A - 1 CLASS A - 2 CLASS A - 3 CLASS A - 4 CLASS B NOTES
<S> <C> <C> <C> <C> <C> <C>
$475,000,000.00 $84,000,000.00 $142,000,000.00 $110,000,000.00 $121,187,500.00 $17,812,500.00
Original Pool Amount
Distributions:
Distribution Percentages 100.00% 0.00% 0.00% 0.00% 0.00%
Coupon 6.0800% 6.8200% 7.2000% 7.3400% 7.4700%
Beginning Pool Balance $415,648,446.06
Ending Pool Balance $405,255,303.51
Collected Principal $9,222,489.83
Collected Interest $3,217,000.32
Charge - Offs $1,170,652.72
Liquidation Proceeds/Recoveries $570,204.65
Servicing $346,373.71
Cash Transfer from Reserve Account $178,049.45
Total Collections Available
for Debt Service $12,841,370.54
Beginning Balance $415,648,446.06 $24,648,446.06 $142,000,000.00 $110,000,000.00 $121,187,500.00 $17,812,500.00
Interest Due $2,448,227.99 $129,048.31 $807,033.33 $660,000.00 $741,263.54 $110,882.81
Interest Paid $2,448,227.99 $129,048.31 $807,033.33 $660,000.00 $741,263.54 $110,882.81
Principal Due $10,393,142.55 $10,393,142.55 $0.00 $0.00 $0.00 $0.00
Principal Paid $10,393,142.55 $10,393,142.55 $0.00 $0.00 $0.00 $0.00
Ending Balance $405,255,303.51 $14,255,303.51 $142,000,000.00 $110,000,000.00 $121,187,500.00 $17,812,500.00
Note / Certificate Pool Factor 0.1697 1.0000 1.0000 1.0000 1.0000
(Ending Balance / Original Pool Amount)
Total Distributions $12,841,370.54 $10,522,190.86 $807,033.33 $660,000.00 $741,263.54 $110,882.81
Interest Shortfall $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Principal Shortfall $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Total Shortfall $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
(required from Reserve)
Excess Servicing $0.00
(see Memo Item - Reserve Account)
Beginning Reserve Acct Balance $21,757,022.79
(Release) / Draw ($481,119.36)
Ending Reserve Acct Balance $21,275,903.43
</TABLE>
<PAGE>
Exhibit 20.7
Page 3 of 3
Navistar Financial 2000 - A Owner Trust
For the Month of August 2000
Trigger Events:
A) Loss Trigger
B) Delinquency Trigger
C) Noteholders Percent Trigger
<TABLE>
<CAPTION>
5 4 3 2 1
Apr-00 May-00 Jun-00 Jul-00 Aug-00
<S> <C> <C> <C> <C> <C>
Beginning Pool Balance $457,574,282.66 $448,567,681.23 $436,112,636.19 $424,904,426.91 $415,648,446.06
A) Loss Trigger:
Principal of Contracts
Charged Off $313,224.38 $893,882.71 $906,266.53 $538,295.53 $1,170,652.72
Recoveries $189,308.57 $105,252.96 $117,605.38 $262,196.38 $570,204.65
Total Charged Off (Months 5, 4, 3) $2,113,373.62
Total Recoveries (Months 3, 2, 1) $950,006.41
Net Loss / (Recoveries) for 3 Mos $1,163,367.21(a)
Total Balance (Months 5, 4, 3) $1,342,254,600.08(b)
Loss Ratio Annualized [(a/b) * (12)] 1.0401%
Trigger: Is Ratio > 1.5% No
Jun-00 Jul-00 Aug-00
B) Delinquency Trigger: $3,010,242.18 $6,595,586.01 $4,111,490.67
Balance delinquency 60+ days 0.69024% 1.55225% 0.98918%
As % of Beginning Pool Balance 0.93098% 1.15874% 1.07722%
Three Month Average
Trigger: Is Average > 2.0% No
C) Noteholders Percent Trigger: 4.4791%
Ending Reserve Account Balance
not less than 1% of Initial Aggregate
Receivables Balance
Trigger: Is Minimum < 1.0% No
</TABLE>
Navistar Financial Corporation
by: /s/ R. W. Cain
R. W. Cain
Vice President and Treasurer
