American Credit Acceptance Receivables Trust 2020-1: Presale Report
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Summary
DBRS, Inc. (DBRS Morningstar) assigned provisional ratings to American Credit Acceptance Receivables Trust 2020-1 as listed above. The American Credit Acceptance Receivables Trust 2020-1 (ACAR 2020-1) transaction represents the 30th asset-backed security (ABS) transaction for American Credit Acceptance, LLC (ACA or the Company) since 2011 and offers both senior and subordinate rated securities.