Credit Rating Report

Affirm Master Trust Series 2025-1: Rating Report

Consumer Loans & Credit Cards

Summary

DBRS, Inc. (Morningstar DBRS) finalized provisional credit ratings on the Series 2025-1 asset-backed security Class A Notes, Class B Notes, Class C Notes, Class D Notes and Class E Notes.

Ratings

  • 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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