KBRA Releases Marketplace Consumer Loan Indices for June

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

June remittance reports, which reflect collections in May (the second full month of pandemic-related stress) showed that delinquency rates continue to trend downward. While these early indicators are positive from a credit perspective, more elevated credit stress may transpire in the coming months due to a number of factors. These include high levels of unemployment, diminishing impact of stimulus checks, the looming expiration of enhanced unemployment benefits at month end, and increasing COVID-19 cases in a number of states.

Click here to view the report.

About KBRA and KBRA Europe

KBRA is a full-service credit rating agency registered with the U.S. Securities and Exchange Commission as an NRSRO. In addition, KBRA is designated as a designated rating organization by the Ontario Securities Commission for issuers of asset-backed securities to file a short form prospectus or shelf prospectus. KBRA is also recognized by the National Association of Insurance Commissioners as a Credit Rating Provider and is a certified Credit Rating Agency (CRA) with the European Securities and Markets Authority (ESMA). Kroll Bond Rating Agency Europe is registered with ESMA as a CRA. Kroll Bond Rating Agency Europe is located at 6-8 College Green, Dublin 2, Ireland.

View source version on businesswire.com: https://www.businesswire.com/news/home/20200702005526/en/