~~Table~~UNITED ofSTATES SECURITIES ~~Contents~~AND EXCHANGE COMMISSION

~~UNITED~~Washington, ~~STATES SECURITIES~~D.C. ~~AND EXCHANGE COMMISSION~~20549

~~Washington,~~FORM 10-D~~.C. 20549~~

~~FORM 10~~ASSET-DBACKED ISSUER DISTRIBUTION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

~~ASSET-BACKED~~For ~~ISSUER DISTRIBUTION~~the ~~REPORT~~monthly ~~PURSUANT~~distribution TOperiod ~~SECTION 13 OR 15(d) OF~~from ~~THE~~May 21, ~~SECURITIES~~2008 ~~EXCHANGE~~to ~~ACT~~June 20, ~~OF 1934~~2008

~~For~~Commission ~~the~~File ~~monthly~~Number ~~distribution~~of ~~period~~issuing ~~from April 22,~~entity: ~~2008 to May 20, 2008~~333-133770-04

~~Commission~~Volkswagen ~~File~~Auto ~~Number~~Loan ofEnhanced ~~issuing~~Trust ~~entity: 333~~2007-~~133770-04~~ 1

~~Volkswagen~~(Exact ~~Auto~~name ~~Loan~~of ~~Enhanced~~issuing ~~Trust~~entity ~~2007-1~~as specified in its charter)

~~(Exact~~Commission ~~name~~File Number of ~~issuing~~depositor: ~~entity as specified in its charter)~~333-133770

~~Commission~~Volkswagen ~~File~~Auto ~~Number~~Lease/Loan ofUnderwritten ~~depositor:~~Funding, ~~333-133770~~ LLC

~~Volkswagen~~(Exact ~~Auto~~name ~~Lease/Loan~~of ~~Underwritten~~depositor ~~Funding,~~as ~~LLC~~specified in its charter)

~~(Exact~~VW ~~name~~Credit, ~~of depositor as specified in its charter)~~Inc.

VW(Exact ~~Credit,~~name ~~Inc.~~of sponsor as specified in its charter)

Delaware (~~Exact~~State ~~name~~or other jurisdiction of ~~sponsor~~incorporation or asorganization ~~specified~~of inthe ~~its~~issuing ~~charter~~entity)

~~Delaware~~20—7188954 (~~State~~I.R.S. orEmployer ~~other~~Identification ~~jurisdiction of incorporation or organization of the issuing entity~~No.)

20—7188954


2200 Ferdinand Porsche Drive, Herndon, Virginia		20171
(Address of principal executive offices of the issuing entity)	(Zip Code)

(~~I.R.S.~~703) ~~Employer~~364-7000 ~~Identification~~(Telephone ~~No.~~number, including area code)

2200 Ferdinand Porsche Drive, Herndon, Virginia		20171
(Address of principal executive offices of the	(Zip Code)
issuing entity)


N/A (Former name, former address, if changed since last report)

Registered/reporting pursuant to (~~703~~check one) ~~364-7000~~

(Telephone number, including area code)


				Name of exchange
Title of class	Section 12(b)	Section 12(g)	Section 15(d)	(If Section 12(b))

Class A-1 Notes			þ
Class A-2 Notes			þ
Class A-3 Notes			þ
Class A-4 Notes			þ

~~3800~~Indicate by check mark whether the registrant (1) has filed all reports required to be filed by ~~Hamlin~~Section 13 ~~Road,~~or ~~Auburn~~15(d) ~~Hills~~of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), ~~Michigan~~and ~~48326~~(2) has been subject to such filing requirements for the past 90 days. Yes þ No o

~~(Former~~PART ~~name,~~I—DISTRIBUTION ~~former address, if changed since last report)~~INFORMATION

~~Registered/reporting~~Item ~~pursuant~~1. toDistribution ~~(check~~and ~~one)~~ Pool Performance Information.

Name of exchange

Title of class

Section 12(b)

Section 12(g)

Section 15(d)

(If Section 12(b))

Class A-1 Notes

Class A-2 Notes

Class A-3 Notes

Class A-4 Notes

Response to Item 1 is set forth in Exhibit 99.1.

~~Indicate~~PART byII—OTHER ~~check mark whether the registrant (1) has filed all reports required to be filed by~~INFORMATION Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes þ No o

~~TABLE~~Item OF2. ~~CONTENTS~~Legal Proceedings.

	PART I—DISTRIBUTION INFORMATION
	Item 1. Distribution and Pool Performance Information.
	PART II—OTHER INFORMATION
	Item 2. Legal Proceedings.
	Item 3. Sales of Securities and Use of Proceeds.
	Item 4. Defaults Upon Senior Securities.
	Item 5. Submission of Matters to a Vote of Security Holders.
	Item 6. Significant Obligors of Pool Assets.
	Item 7. Significant Enhancement Provider Information.
	Item 8. Other Information.
	Item 9. Exhibits.
EXHIBIT INDEX
Monthly Distribution Report

Not applicable

~~Table~~Item 3. Sales of ~~Contents~~Securities and Use of Proceeds.

~~PART~~Not ~~I—DISTRIBUTION INFORMATION~~ applicable

Item 1 4. ~~Distribution~~Defaults ~~and~~Upon ~~Pool~~Senior ~~Performance Information~~Securities.

~~Response~~Not ~~to Item 1 is set forth in Exhibit 99.1.~~ applicable

~~PART~~Item ~~II—OTHER~~5. ~~INFORMATION~~ Submission of Matters to a Vote of Security Holders.

~~Item 2.~~Not ~~Legal Proceedings.~~ applicable

~~Not~~Item ~~applicable~~ 6. Significant Obligors of Pool Assets.

~~Item 3.~~Not ~~Sales of Securities and Use of Proceeds.~~ applicable

~~Not~~Item ~~applicable~~ 7. Significant Enhancement Provider Information.

~~Item 4.~~Not ~~Defaults Upon Senior Securities.~~ applicable

~~Not~~Item ~~applicable~~ 8. Other Information.

~~Item 5.~~Not ~~Submission of Matters to a Vote of Security Holders.~~ applicable

~~Not~~Item ~~applicable~~ 9. Exhibits.

~~Item~~Exhibit 699.1 ~~Significant~~Monthly ~~Obligors~~Distribution ~~of Pool Assets.~~ Report

~~Not applicable~~Signature

~~Item 7.~~Pursuant ~~Significant~~to ~~Enhancement~~the ~~Provider~~requirements ~~Information.~~of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Not applicable


June 20, 2008	VOLKSWAGEN AUTO LOAN ENHANCED TRUST 2007-1 By VW Credit, Inc., as Servicer
	By:	/s/ Dennis Tack
		Name:	Dennis Tack
		Title:	Controller

~~Item 8.~~EXHIBIT ~~Other Information.~~INDEX

Not applicable


Exhibit No.				Description of Exhibit

99.1				Monthly Distribution Report

Item 9. Exhibits.

Exhibit 99.1 Monthly Distribution Report

Signature

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 hereunto duly authorized.

May 20, 2008	VOLKSWAGEN AUTO LOAN ENHANCEDTRUST 2007-1 By VW Credit, Inc., as Servicer
	By:	/s/ Dennis Tack
		Name:	Dennis Tack
		Title:	Controller

EXHIBIT INDEX

Exhibit No.				Description of Exhibit
	99.1			Monthly Distribution Report

Table of Contents

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