Tricolor's 2018 ABS vintages upgraded amid COVID-19 | Auto Finance News | Auto Finance News

Tricolor’s 2018 ABS vintages upgraded amid COVID-19

Photograph: Bloomberg/Bloomberg

All three tranches of Tricolor Auto Acceptance’s 2018-2 vintages were upgraded as a result of increased credit enhancement, according to a report released by Kroll Bond Rating Agency on Friday. Tricolor’s second securitization of 2018 was the first term-rated ABS deal the buy-here, pay-here lender issued. In fact, cumulative net losses are tracking below KRBA’s […]

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