Press Release

Morningstar DBRS Publishes Updated Methodology for Rating U.S. Credit Card Asset-Backed Securities

ABCP, Auto, Consumer Loans & Credit Cards
July 18, 2024

Morningstar DBRS published an updated version of Rating U.S. Credit Card Securities.

Morningstar DBRS has conducted a periodic review of Rating U.S. Credit Card Transactions.

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 July 24, 2023, and is effective as of July 18, 2024.

Notes:
Morningstar DBRS methodologies are publicly available on its website https://dbrs.morningstar.com under Methodologies & Criteria.

For more information on this methodology or on this industry, visit https://dbrs.morningstar.com or contact us at info-DBRS@morningstar.com.