U.S. Marketplace Consumer Loan ABS Index: September 2026
Monthly Overview
September remittance reports showed higher annualized net losses and stable delinquency rates in KBRA's U.S. Marketplace Consumer Loan Index (MPL Index). Net losses climbed 79 basis points (bps) month-over-month (MoM) to 11.88%, while the 30+ day delinquency rate moved up 3 bps MoM to 4.79%. Both metrics continue to trend well below year-ago levels, with annualized net losses down 187 bps and the 30+ day delinquency rate 111 bps lower (see Figure 1 and Figure 2).
Current index values as well as MoM and year-over-year (YoY) changes are presented in the table below. The data shown in this report and other index metrics can be found here.
About the Indices
KBRA’s MPL Index is a rolling index that KBRA calculates each month using monthly credit performance data from all outstanding securitized collateral pool observations available in that month and that …
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