<PAGE>
Exhibit 20.7
Page 1 of 3
Navistar Financial 2000 - A Owner Trust
For the Month of July 2000
Distribution Date of August 15, 2000
Servicer Certificate #6
<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 $424,904,426.91
Beginning Pool Factor 0.8945356
Principal and Interest Collections:
Principal Collected (Incl. Servicer Advance Repay) $8,717,685.32
Interest Collected $3,241,839.30
Additional Deposits:
Repurchase Amounts $0.00
Liquidation Proceeds / Recoveries $262,196.38
Total Additional Deposits $262,196.38
Repos / Chargeoffs $538,295.53
Aggregate Number of Notes Charged Off 55
Total Available Funds $12,221,721.00
Ending Pool Balance $415,648,446.06
Ending Pool Factor 0.8750494
Servicing Fee $354,087.02
Repayment of Servicer Advances $0.00
Reserve Account:
Beginning Balance (see Memo Item) $22,556,510.20
Target Percentage 5.25%
Target Balance $21,821,543.42
Minimum Balance $9,105,143.30
(Release) / Deposit ($734,966.78)
Ending Balance $21,821,543.42
Current Weighted Average APR: 9.328%
Current Weighted Average Remaining Term (months): 48.62
<CAPTION>
Delinquencies Dollars Notes
<S> <C> <C> <C>
Installments: 1 - 30 days $1,971,705.64 2,023
31 - 60 days $528,832.21 450
60+ days $217,388.04 149
Total: $2,717,925.89 2,075
Balances: 60+ days $6,595,586.01 149
Memo Item - Reserve Account
Prior Month $22,307,482.41
+ 3/13 Transfer $122,610.69
+ Invest. Income $126,417.10
+ Excess Serv. $0.00
Transfer (to) / from Collections Account $22,556,510.20
</TABLE>
<PAGE>
Exhibit 20.7
Page 2 of 3
Navistar Financial 2000 - A Owner Trust
For the Month of July 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 $424,904,426.91
Ending Pool Balance $415,648,446.06
Collected Principal $8,717,685.32
Collected Interest $3,241,839.30
Charge - Offs $538,295.53
Liquidation Proceeds / Recoveries $262,196.38
Servicing $354,087.02
Cash Transfer from Reserve Account $0.00
Total Collections AvailABLE
for Debt Service $11,867,633.98
Beginning Balance $424,904,426.91 $33,904,426.91 $142,000,000.00 $110,000,000.00 $121,187,500.00 $17,812,500.00
Interest Due $2,485,236.03 $166,056.35 $807,033.33 $660,000.00 $741,263.54 $110,882.81
Interest Paid $2,485,236.03 $166,056.35 $807,033.33 $660,000.00 $741,263.54 $110,882.81
Principal Due $9,255,980.85 $9,255,980.85 $0.00 $0.00 $0.00 $0.00
Principal Paid $9,255,980.85 $9,255,980.85 $0.00 $0.00 $0.00 $0.00
Ending 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
Note / Certificate Pool Factor 0.2934 1.0000 1.0000 1.0000 1.0000
(Ending Balance / Original Pool Amount)
Total Distributions $11,741,216.88 $9,422,037.20 $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 $126,417.10
(see Memo Item - Reserve Account)
Beginning Reserve Acct Balance $22,556,510.20
(Release) / Draw ($734,966.78)
Ending Reserve Acct Balance $21,821,543.42
</TABLE>
<PAGE>
Exhibit 20.7
Page 3 of 3
Navistar Financial 2000 - A Owner Trust
For the Month of July 2000
Trigger Events:
A) Loss Trigger
B) Delinquency Trigger
C) Noteholders Percent Trigger
<TABLE>
<CAPTION>
5 4 3 2 1
Mar-00 Apr-00 May-00 Jun-00 Jul-00
<S> <C> <C> <C> <C> <C>
Beginning Pool Balance $467,349,179.28 $457,574,282.66 $448,567,681.23 $436,112,636.19 $424,904,426.91
A) Loss Trigger:
Principal of Contracts Charged Off $796,090.42 $313,224.38 $893,882.71 $906,266.53 $538,295.53
Recoveries $0.00 $189,308.57 $105,252.96 $117,605.38 $262,196.38
Total Charged Off (Months 5, 4, 3) $2,003,197.51
Total Recoveries (Months 3, 2, $485,054.72
Net Loss / (Recoveries) for $1,518,142.79 (a)
Total Balance (Months 5, 4, 3) $1,373,491,143.17 (b)
Loss Ratio Annualized [(a/b) * (12)] 1.3264%
Trigger: Is Ratio > 1.5% No
May-00 Jun-00 Jul-00
B) Delinquency Trigger: $5,534,102.80 $3,010,242.18 $6,595,586.01
Balance delinquency 60+ days 1.23373% 0.69024% 1.55225%
As % of Beginning Pool Balance 0.92224% 0.93098% 1.15874%
Three Month Average
Trigger: Is Average > 2.0% No
C) Noteholders Percent Trigger: 4.5940%
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
