FREED ABS Trust 2020-1: Rating Report

DBRS, Inc. (DBRS Morningstar) finalized its provisional ratings on the following classes of notes (the Notes) issued by FREED ABS Trust 2020-1 (FREED 2020-FP1):

-- $247,000,000 Class A Notes at A (high) (sf)
-- $45,350,000 Class B Notes at BBB (high) (sf)
-- $48,420,000 Class C Notes at BB (low) (sf)