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

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

DBRS Morningstar has conducted a periodic review of the Methodology. No material changes to the methodology were made. Accordingly, no ratings are expected to change as a result of this update.

This update supersedes the previous version published on November 6, 2019, and is effective as of November 4, 2020.

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

For more information regarding rating methodologies and Coronavirus Disease (COVID-19), please see the following DBRS Morningstar press release: https://www.dbrsmorningstar.com/research/357883.

For more information regarding structured finance rating methodologies and Coronavirus Disease (COVID-19), please see the following DBRS Morningstar press release: https://www.dbrsmorningstar.com/research/358308.

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