Exhibit 99

UACSC 2001-C
UNION ACCEPTANCE CORPORATION
(Servicer)
05/31/02

NOTE BALANCE RECONCILIATION	D O L L A R S
	CLASS A-1		CLASS A-2		CLASS A-3		CLASS A-4		CLASS B		TOTAL

Original Note Balances		62,105,000.00		89,627,000.00		67,659,000.00		90,809,000.00		19,800,000.00		330,000,000.00	21,076
Beginning Period Note Balances		-		86,213,854.40		67,659,000.00		90,809,000.00		19,800,000.00		264,481,854.40	17,828
Principal Collections - Scheduled Payments		-		3,883,149.86		-		-		-		$3,883,149.86
Principal Collections - Payoffs		-		3,374,662.29		-		-		-		3,374,662.29	364
Principal Withdrawal from Payahead		-		-		-		-		-		-
Gross Principal Charge Offs		-		736,881.95		-		-		-		$736,881.95	60
Repurchases		-		11,817.98		-		-		-		11,817.98	9

Ending Note Balances		-		78,207,342.32		67,659,000.00		90,809,000.00		19,800,000.00		256,475,342.32	17,395

Note Factor		-		0.8725869		1.0000000		1.0000000		1.0000000		0.7771980
Interest Rate		2.5850%		3.0300%		3.8100%		4.390%		4.730%		3.5824%

CASH FLOW RECONCILIATION
Principal Wired		7,259,634.06
Interest Wired		2,446,077.06
Withdrawal from Payahead Account		0.86
Repurchases (Principal and Interest)		12,661.58
Charge Off Recoveries		347,333.23
Interest Advances		49,088.11
Collection Account Interest Earned		9,858.40
Prefunding Reserve Amount Released from Spread
Account		-
Prefund Account Withdrawal		-
Spread Account Withdrawal		-
Policy Draw for Principal or Interest		-

Total Cash Flow		10,124,653.30

TRUSTEE DISTRIBUTION (06/10/02)
Total Cash Flow		10,124,653.30
Unrecovered Advances on Defaulted Receivables		16,676.60
Servicing Fee (Due and Unpaid)		-
Interest to Class A-1 Noteholders, including any overdue
amounts		-
Interest to Class A-2 Noteholders, including any overdue
amounts		217,689.98
Interest to Class A-3 Noteholders, including any overdue
amounts		214,817.33
Interest to Class A-4 Noteholders, including any overdue
amounts		332,209.59
Interest to Class B Noteholders, including any overdue
amounts		78,045.00
Principal to Class A-1 Noteholders, including any
overdue amounts		-
Principal to Class A-2 Noteholders, including any
overdue amounts		8,006,512.08
Principal to Class A-3 Noteholders, including any
overdue amounts		-
Principal to Class A-4 Noteholders, including any
overdue amounts		-
Principal to Class B Noteholders, including any
overdue amounts		-
Insurance Premium		36,439.72
Unreimbursed draws on the Policy for Principal or
Interest		-
Any other amounts payable to the Insurer under the
Insurance Agreement
Interest Advance Recoveries from Payments		28,804.82
Deposit to Payahead		1,821.91
Payahead Account Interest to Servicer		0.86
Excess		1,191,635.41

Net Cash		-

Servicing Fee Retained from Interest Collections		220,403.50


SPREAD ACCOUNT RECONCILIATION
Original Balance		91,200.00
Beginning Balance		6,600,000.00
Trustee Distribution of Excess		1,191,635.41
Prefunding Reserve Amount Released		-
Interest Earned		9,890.28
Spread Account Draws		-
Reimbursement for Prior Spread Account Draws		-
Distribution of Funds to Servicer		(1,201,525.69)

Ending Balance		6,600,000.00

Required Balance		6,600,000.00


FIRST LOSS PROTECTION AMOUNT RECONCILIATION
Original Balance		9,900,000.00
Beginning Balance		7,058,548.32
Reduction Due to Spread Account		-
Reduction Due to Principal Reduction		(434,455.59)

Ending Balance		6,624,092.73

a) Outstanding Balance * 5.00% -Spread Balance		6,624,092.72
b) Original Note Balance * 3.00%		9,900,000.00
c) Prior Payment Date First Loss Protection Amount		7,058,548.31

First Loss Protection Amount [lesser of a), b) or c)]		6,624,092.72

First Loss Protection Fee %		2.25%
First Loss Protection Fee		12,834.18


POLICY RECONCILIATION
Original Balance		330,000,000.00
Beginning Balance		258,972,244.23
Draws		-
Reimbursement of Prior Draws		-

Ending Balance		258,972,244.23

Adjusted Ending Balance Based Upon Required Balance		250,938,507.72

Required Balance		250,938,507.72


PAYAHEAD RECONCILIATION
Beginning Balance		338.86
Deposit		1,821.91
Payahead Interest		0.86
Withdrawal		0.86

Ending Balance		2,160.77

CURRENT DELINQUENCY
		GROSS
# PAYMENTS DELINQUENT	NUMBER	BALANCE

1 Payment	227	2,625,261.77
2 Payments	102	1,217,787.73
3 Payments	46	570,607.69

Total	375	4,413,657.19

Percent Delinquent	2.156%	1.721%

DELINQUENCY RATE (60+)
			RECEIVABLE
		END OF PERIOD	DELINQUENCY
PERIOD	BALANCE	POOL BALANCE	RATE

Current	1,788,395.42	256,475,342.32	0.70%
1st Previous	1,710,134.70	264,481,854.40	0.65%
2nd Previous	1,497,387.89	273,170,966.25	0.55%

NET LOSS RATE
				DEFAULTED
		LIQUIDATION	AVERAGE	NET LOSS
PERIOD	BALANCE	PROCEEDS	POOL BALANCE	(ANNUALIZED)

Current	736,881.95	347,333.23	260,478,598.36	1.79%
1st Previous	556,695.86	429,260.69	268,826,410.33	0.57%
2nd Previous	981,775.02	316,840.23	277,665,883.28	2.87%

Gross Cumulative Charge Offs	4,242,387.90	Number of Repossessions	42
Gross Liquidation Proceeds	1,457,507.65	Number of Inventoried Autos EOM	60
Net Cumulative Loss
Percentage	0.84%	Amount of Inventoried Autos EOM	447,053.00
Net Cumulative Loss
Percentage (adjusted
for estimated
future Liquidation Proceeds)	0.71%
Trigger	1.50%
Status	OK
Net Cumulative Loss Trigger
Hit in Current or any	NO
Previous Month

EXCESS YIELD TRIGGER
			EXCESS YIELD
	EXCESS	END OF PERIOD	PERCENTAGE
PERIOD	YIELD	POOL BALANCE	(ANNUALIZED)

Current	1,238,939.60	256,475,342.32	5.80%
1st Previous	1,436,988.58	264,481,854.40	6.52%
2nd Previous	945,987.96	273,170,966.25	4.16%
3rd Previous	955,723.87	282,160,800.31	4.06%
4th Previous	1,400,838.28	290,555,892.13	5.79%
5th Previous	1,678,357.63	299,225,507.62	6.73%


	CURRENT
	LEVEL	TRIGGER	STATUS

Six Month Average
Excess Yield	5.51%	1.50%	OK
Trigger Hit in Current or any
Previous Month			NO

DATE: June 10, 2002	/s/ Diane Slomka
	DIANE SLOMKA
	OFFICER

UACSC 2001-C UNION ACCEPTANCE CORPORATION (Servicer) 05/31/02

UACSC 2001-C
UNION ACCEPTANCE CORPORATION
(Servicer)
05/31/02

UACSC 2001-C OWNER TRUST 8-K