Six AmeriCredit Automobile Receivables Trust 2024-1 Ratings Affirmed - S&P Global Ratings’ Credit Research

Six AmeriCredit Automobile Receivables Trust 2024-1 Ratings Affirmed

Six AmeriCredit Automobile Receivables Trust 2024-1 Ratings Affirmed - S&P Global Ratings’ Credit Research
Six AmeriCredit Automobile Receivables Trust 2024-1 Ratings Affirmed
Published May 08, 2025
Published May 08, 2025
Price US$ 150.00  |  Buy this Report Now

About This Report

  
Abstract:

OVERVIEW We reviewed AmeriCredit Automobile Receivables Trust 2024-1, an ABS transaction backed by subprime retail auto loan receivables originated and serviced by AmeriCredit Financial Services Inc. We affirmed our ratings on six classes of notes from the transaction. The rating actions reflect our views of the transaction's remaining cumulative net loss expectation and future collateral performance, structure, and credit enhancement, among other factors. NEW YORK (S&P Global Ratings) May 8, 2025--S&P Global Ratings today affirmed its ratings on six classes of notes from AmeriCredit Automobile Receivables Trust 2024-1 (AMCAR 2024-1, see list). The ABS transaction is backed by subprime auto loan receivables originated by AmeriCredit Financial Services Inc., a subsidiary of General Motors Financial Co. Inc. (BBB/Stable/--). Today's rating actions

  
Report Type:

Ratings Action

Issuer
Sector
Structured Finance
Country
Region
Format:
PDF Adobe Acrobat
Buy Now

More from S&P Global Ratings’ Credit Research

S&P Global Ratings’ Credit Research—S&P Global Ratings’ credit research provides analysis on issuers and debt obligations of corporations, states and municipalities, financial institutions, insurance companies and sovereign governments. S&P Global Ratings also offers insight into the credit risk of structured finance deals, providing an independent view of credit risk associated with a growing array of debt-securitized instruments.

About the Author


Cite this Report

  
MLA:
S&P Global Ratings’ Credit Research. "Six AmeriCredit Automobile Receivables Trust 2024-1 Ratings Affirmed" May 08, 2025. Alacra Store. May 09, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Six-AmeriCredit-Automobile-Receivables-Trust-2024-1-Ratings-Affirmed-3366449>
  
APA:
S&P Global Ratings’ Credit Research. (). Six AmeriCredit Automobile Receivables Trust 2024-1 Ratings Affirmed May 08, 2025. New York, NY: Alacra Store. Retrieved May 09, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Six-AmeriCredit-Automobile-Receivables-Trust-2024-1-Ratings-Affirmed-3366449>
  
US$ 150.00
$  £  
Have a Question?

Any questions about the report you're considering? Our Customer Service Team can help! Or visit our FAQs.

More Research

Search all our Residential Mortgage-Backed Securities from one place.