Moody’s Investors Service said it raised ratings on the senior notes of Consumer Portfolio Services latest deal, by one notch as a result of increased credit enhancement.

The senior notes on the issuer’s fourth transaction of the year, CPSART 2014-D, will achieve an ‘Aa2’ ratings from Moody’s; DBRS expects to rate the notes ‘AAA’. The notes have credit enhancement at 33.25%.

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