KBRA Takes Rating Actions on FREED and ACHV ABS Trusts

KBRA affirms ratings on 13 classes of notes and upgrades its ratings on 10 classes of notes issued from five FREED ABS Trust (“FREED”) transactions and five ACHV ABS Trust (“ACHV”) transaction. KBRA’s analysis indicated that existing credit enhancement for the notes is sufficient to support the revised and affirmed ratings. The data used for this review is as of the October 2024 distribution date (September 2024 collection period). To date, the securities have received timely interest payments.

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