0000892569-05-000124 Sample Contracts

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EXHIBIT 10.48 SERVICING AGREEMENT
Servicing Agreement • March 14th, 2005 • WFS Financial Inc • Personal credit institutions • California
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Security Agreement • March 14th, 2005 • WFS Financial Inc • Personal credit institutions
FIRST AMENDMENT TO THE
Sharing Agreement • March 14th, 2005 • WFS Financial Inc • Personal credit institutions
RECITALS
Services Agreement • March 14th, 2005 • WFS Financial Inc • Personal credit institutions
R E C I T A L S
Collateral Assignment Agreement • March 14th, 2005 • WFS Financial Inc • Personal credit institutions • California
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Credit Agreement • March 14th, 2005 • WFS Financial Inc • Personal credit institutions
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Term Investment Agreement • March 14th, 2005 • WFS Financial Inc • Personal credit institutions
FIRST AMENDMENT TO THE MASTER ALLOCATION AGREEMENT
Master Allocation Agreement • March 14th, 2005 • WFS Financial Inc • Personal credit institutions
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Master Travel Services Agreement • March 14th, 2005 • WFS Financial Inc • Personal credit institutions • California
RECITALS
WFS Financial Inc • March 14th, 2005 • Personal credit institutions

THIS FIRST AMENDMENT TO THE WESTCORP ESOP AND SALARY SAVINGS PLAN PARTICIPATION AGREEMENT, among Westcorp, a California corporation, (hereinafter referred to as the "the Plan Sponsor"), and the following subsidiaries: Western Financial Associate Solutions, a California corporation, Western Financial Bank, a federally chartered savings bank, WFS Financial Inc, a California corporation, WestFin Insurance Agency, Inc., a California corporation, WFS Receivables Corporation, a Nevada corporation, and Westran Services corporation, a California corporation (each individually referred to as "Subsidiary" and collectively referred to as "Subsidiaries"), and the Administrative committee, on behalf of the Westcorp ESOP and Salary Savings Plan (the "Plan"), is effective as of December 1, 2004.

RECITALS
WFS Financial Inc • March 14th, 2005 • Personal credit institutions
RECITALS
WFS Financial Inc • March 14th, 2005 • Personal credit institutions

THIS FIRST AMENDMENT TO THE WESTCORP CAFETERIA PLAN WITH FLEXIBLE SPENDING ARRANGEMENT PARTICIPATION AGREEMENT, among Westcorp, a California corporation, (hereinafter referred to as the "the Plan Sponsor"), and the following subsidiaries: Western Financial Associate Solutions, a California corporation, Western Financial Bank, a federally chartered savings bank, WFS Financial Inc., a California corporation, WestFin Insurance Agency, Inc., a California corporation, WFS Receivables Corporation, a Nevada corporation, and Westran Services corporation, a California corporation (each individually referred to as "Subsidiary" and collectively referred to as "Subsidiaries"), and the BENEFIT PLAN COMMITTEE, on behalf of the Westcorp Cafeteria Plan with Flexible Spending Arrangements (the "Plan"), is effective as of December 1, 2004.

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