DBRS Morningstar Releases Updated Methodology for Rating Canadian Credit Card and Personal Line of Credit Securitizations

DBRS Morningstar Credit Ratings (DBRS Morningstar) published an updated version of the “Rating Canadian Credit Card and Personal Line of Credit Securitizations” methodology.

DBRS Morningstar has conducted a periodic review of “Rating Canadian Credit Card and Personal Line of Credit Securitizations.” This update supersedes the previous version published on November 6, 2018, and is effective as of November 6, 2019. DBRS Morningstar deems the update not to be material and has determined that no ratings are expected to change as a result of this update.

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DBRS Morningstar methodologies are publicly available on its website www.dbrs.com under Methodologies & Criteria.

For more information on this methodology or on this industry, visit www.dbrs.com or contact us at [email protected].