DBRS Confirms Rating on Credit Acceptance Auto Loan Trust 2011-1
AutoDBRS, Inc. (DBRS) has today confirmed the AAA (sf) rating on the Class A notes issued by Credit Acceptance Auto Loan Trust 2011-1. The collateral supporting the transaction is performing within DBRS expectations and available credit enhancement for each class is sufficient to cover DBRS expected losses.
Notes:
The applicable methodology is the DBRS Master U.S. ABS Surveillance Methodology, which can be found on our website under Methodologies.
This rating is endorsed by DBRS Ratings Limited for use in the European Union.
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