American Credit Acceptance has increased the number of loans with higher credit scores in the collateral pool backing the sponsor's third subprime securitization of 2015. 

The tier 1 rated loans, which have a lower expected loss than the sponsor's tier 2 auto loans, comprise 64.1% of the pool backing American Credit Acceptance Receivables Trust 2015-3. That is higher than any of the previous transaction issued by the sponsor this year; 56% of the pool backing ACA's last transaction, 2015-2, was comprised of the higher scored loans.

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