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Bad Consolidation Credit Debt With auto leasing on the rise in Europe, Standard & Poor's has recognized the need to compile and track Asset Backed Securities, or ABA, there as an asset class distinction.

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Bad Car Credit Loan March 26, 2004 (AXcess News) London - With auto leasing on the rise in Europe, Standard & Poor's has recognized the need to compile and track Asset Backed Securities, or ABA, there as an asset class distinction.As a consequence, Standard & Poor's is publishing a new quarterly report on performance in the sector.This quarterly report provides a comparative analysis of the key performance indicators across this asset area. The report and the indicators in it cover the underlying portfolios of auto loans and leases but exclude those with mixed pools of assets (e.g., auto loans/leases, and personal secured and unsecured loans) because of the different risk profiles of those assets.

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Bad Credit Loan Mortgage "The weighted-average indicators are included for comparison only, and should not be understood as benchmarks, because of the differences among originators' lending practises and jurisdictions," said Chris Such, a credit analyst in Standard & Poor's European Structured Finance Ratings group in London. "However, by charting the performance of individual transactions, a good picture of performance can be built up."

Auto Bad Credit Loan The report, entitled "European Auto ABS Performance Report Q4 2003", published on March 16, 2004, is available on RatingsDirect, Standard & Poor's Web-based credit analysis system. The commentary can also be found on Standard & Poor's Web site at

Bad Credit Mortgage Refinance www.standardandpoors.com. Click Credit Ratings and find the article under "Commentary and News."

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