Starting with US-based credit rating agency KBRA's December 2024 US Marketplace Consumer Loan ABS Index report, the firm will provide credit performance for all outstanding securitized marketplace consumer loan pools in a unified index, the firm said.

This approach replaces the previous practice of separating credit performance into Tier 1 and Tier 2 indices.

This update will be retroactive to the inception of these indices, dating back to March 2018.

KBRA, one of the major credit rating agencies, is registered in the US, EU, and the UK. KBRA is recognized as a Qualified Rating Agency in Taiwan, and is also a Designated Rating Organization for structured finance ratings in Canada.

As a full-service credit rating agency, investors can use KBRA ratings for regulatory capital purposes in multiple jurisdictions.