American Credit Acceptance Receivables Trust 2025-2's issuance is an ABS transaction backed by subprime auto loan receivables. We assigned our ratings to the class A, B, C, D, and E notes. The ratings reflect our view of the transaction's credit support, collateral characteristics, and payment and legal structures, among other factors. ENGLEWOOD (S&P Global Ratings) May 22, 2025--S&P Global Ratings today assigned its ratings to American Credit Acceptance Receivables Trust 2025-2's automobile receivables-backed notes (see list). The note issuance is an ABS transaction backed by subprime auto loan receivables. The ratings reflect: The availability of approximately 64.91%, 58.32%, 47.42%, 38.33%, and 34.46% credit support (hard credit enhancement and haircut to excess spread) for the class A, B, C, D, and
