Kroll Bond Rating Agency (KBRA) releases its marketplace consumer loan indices for August.

August remittance reports continued to show positive credit trends in the securitized marketplace consumer loan sector during the July collection period. Annualized net losses declined across all three of our indices on a month-over-month (MoM) basis, while 30+ day delinquency rates were mostly unchanged versus the previous month. Meanwhile, prepayment rates remained at elevated levels, as strong economic conditions through July likely supported borrower debt reduction.

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About KBRA

KBRA is a full-service credit rating agency registered in the U.S., the EU and the UK, and is designated to provide structured finance ratings in Canada. KBRA’s ratings can be used by investors for regulatory capital purposes in multiple jurisdictions.

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