Credit Rating Report

ACHV ABS Trust 2024-2PL: Rating Report

Consumer Loans & Credit Cards

Summary

DBRS, Inc. (Morningstar DBRS) finalized its provisional credit ratings on the Class A Notes, Class B Notes, and Class C Notes issued by ACHV ABS Trust 2024-2PL (ACHV 2024-2PL). ACHV 2024-2PL represents the first transaction sponsored by Financial Asset Management, LLC, doing business as Achieve Personal Loans, and Jefferies LLC, and collateralized by unsecured consumer loans. The prior 23 transactions were sponsored by Series B, a series of Freedom Consumer Credit Fund, LLC.

Ratings

ACHV ABS Trust 2024-2PL
  • Date Issued:Aug 29, 2024
  • Rating Action:Provis.-Final
  • Ratings:AAA (sf)
  • Trend:--
  • Rating Recovery:
  • Issued:US
  • Date Issued:Aug 29, 2024
  • Rating Action:Provis.-Final
  • Ratings:AA (low) (sf)
  • Trend:--
  • Rating Recovery:
  • Issued:US
  • Date Issued:Aug 29, 2024
  • Rating Action:Provis.-Final
  • Ratings:A (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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