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KBRA Releases Auto Loan ABS Indices for December 2021

NEW YORK--(BUSINESS WIRE)--KBRA releases its auto loan ABS indices for December 2021.

December remittance reports showed mixed credit performance across prime and non-prime auto loan pools during the November collection period. We expect credit performance to gradually deteriorate in the coming months as a combination of inflationary pressures, the remaining wind down of stimulus programs, and the seasonal impact of holiday spending will likely weigh on consumer balance sheets in the months ahead. However, these headwinds will be partly offset by the distribution of tax refunds toward the end of Q1 2022, as well as the impact of tight labor markets, elevated used car values, and excess consumer savings built up throughout the pandemic.

Click here to view the report.

About KBRA

KBRA is a full-service credit rating agency registered in the U.S., the EU, and the UK, and is designated to provide structured finance ratings in Canada. KBRA’s ratings can be used by investors for regulatory capital purposes in multiple jurisdictions.

Contacts

Analytical Contact

Brian Ford, CFA, Senior Director
Structured Finance Research
+1 (646) 731-2329
brian.ford@kbra.com

Business Development Contact

Ted Burbage, Managing Director
+1 (646) 731-3325
ted.burbage@kbra.com

Industry:

KBRA

Details
Headquarters: New York City, New York
CEO: Jim Nadler
Employees: 400+
Organization: PRI
Release Versions
English
Hashtags
#KBRA
#creditratingagency

Contacts

Analytical Contact

Brian Ford, CFA, Senior Director
Structured Finance Research
+1 (646) 731-2329
brian.ford@kbra.com

Business Development Contact

Ted Burbage, Managing Director
+1 (646) 731-3325
ted.burbage@kbra.com

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