Presale

FREED ABS Trust 2020-3FP: Presale Report

Consumer Loans & Credit Cards

Summary

DBRS Morningstar, Inc. (DBRS Morningstar) assigned provisional ratings to the FREED ABS Trust 2020-3FP (FREED 2020-3FP) Class A Notes, Class B Notes and Class C Notes (together, the Notes). FREED 2020-3FP represents the seventh rated term asset-backed security (ABS) transaction sponsored by Series B, a series of Freedom Consumer Credit Fund, LLC (Series B), an affiliate of Freedom Financial Asset Management, LLC (FFAM or Managing Member) and collateralized by unsecured consumer loans.

Available Documents

Ratings

FREED ABS Trust 2020-3FP
  • Date Issued:Jul 16, 2020
  • Rating Action:Provis.-New
  • Ratings:A (high) (sf)
  • Trend:--
  • Rating Recovery:
  • Issued:US
  • Date Issued:Jul 16, 2020
  • Rating Action:Provis.-New
  • Ratings:A (low) (sf)
  • Trend:--
  • Rating Recovery:
  • Issued:US
  • Date Issued:Jul 16, 2020
  • Rating Action:Provis.-New
  • Ratings:BB (low) (sf)
  • Trend:--
  • Rating Recovery:
  • Issued:US
  • US = Lead Analyst based in USA
  • CA = Lead Analyst based in Canada
  • EU = Lead Analyst based in EU
  • UK = Lead Analyst based in UK
  • E = EU endorsed
  • U = UK endorsed
  • Unsolicited Participating With Access
  • Unsolicited Participating Without Access
  • Unsolicited Non-participating

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