Credit Rating Report

CPS Auto Receivables Trust 2024-A: Rating Report

Auto

Summary

DBRS, Inc. (Morningstar DBRS) finalized its provisional credit ratings on the CPS Auto Receivables Trust 2024-A transaction (2024-A) as noted. The 2024-A transaction represents the 51st securitization since 2010 by Consumer Portfolio Services, Inc. (CPS) and offers both senior and subordinate rated securities. The receivables securitized in 2024-A are subprime automobile loan contracts secured primarily by used automobiles, light-duty trucks, vans, and minivans.

Available Documents

Ratings

CPS Auto Receivables Trust 2024-A
  • Date Issued:Jan 24, 2024
  • Rating Action:Provis.-Final
  • Ratings:AAA (sf)
  • Trend:--
  • Rating Recovery:
  • Issued:US
  • Date Issued:Jan 24, 2024
  • Rating Action:Provis.-Final
  • Ratings:AA (sf)
  • Trend:--
  • Rating Recovery:
  • Issued:US
  • Date Issued:Jan 24, 2024
  • Rating Action:Provis.-Final
  • Ratings:A (sf)
  • Trend:--
  • Rating Recovery:
  • Issued:US
  • Date Issued:Jan 24, 2024
  • Rating Action:Provis.-Final
  • Ratings:BBB (sf)
  • Trend:--
  • Rating Recovery:
  • Issued:US
  • Date Issued:Jan 24, 2024
  • Rating Action:Provis.-Final
  • Ratings:BB (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

Enjoying our exclusive insights?

Register for a free account to get unrestricted access to our in-depth research, presale and ratings reports, and more. Access is limited for unregistered users.

Related Documents

Press Release:

Issuers

Contacts

More from Morningstar DBRS

Related Events

All Events