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KBRA Releases Auto Loan ABS Indices for January 2022

NEW YORK--(BUSINESS WIRE)--KBRA releases its auto loan ABS indices for January 2022.

January remittance reports showed weaker credit performance across prime and non-prime auto loan pools during the December collection period. We expect credit performance to continue to weaken in both indices throughout 2022, as inflationary pressures and the remaining wind down of stimulus programs weigh on consumer balance sheets. However, tight labor markets, excess savings built up throughout the pandemic, and the approaching tax refund season should help to hamper any meaningful deterioration in credit over the coming months.

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

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

Business Development

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

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

Business Development

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

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