Oportun Issuance Trust 2021-C: Presale Report
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Summary
DBRS, Inc. (DBRS Morningstar) assigned provisional ratings to the Class A Notes, Class B Notes, Class C Notes, and Class D Notes to be issued by Oportun Issuance Trust 2021-C (Oportun 2021-C). The Oportun 2021-C transaction represents the 18th term securitization of a portfolio of nonprime consumer loans originated through Oportun Financial Corporation's (Oportun) omni-channel distribution model. This is the second Oportun transaction that will include Secured Personal Loans that are secured by an automobile title.