Credit standards · Auto loan credit standards
HYUNDAI AUTO RECEIVABLES TRUST
Summary statistics computed from the Form ABS-EE asset-level file for this shelf, filed 2026-08-20. Regulation AB II requires this loan-level data for registered public auto-loan securitizations, so every figure below is a statement about a named, dated SEC filing — not about a company.
3,680 loans analysed, sampled systematically (every 20th record) from 73,606 records. CIK 1949662. Source filing.
Distributions
| Measure | 5th | 25th | Median | 75th | 95th |
|---|---|---|---|---|---|
| Credit score | 652 | 723 | 765 | 821 | 864 |
| APR | 0.0% | 2.8% | 3.5% | 4.9% | 7.5% |
| Payment-to-income | 2.1% | 4.3% | 6.5% | 9.5% | 14.3% |
| Term (months) | 49 | 61 | 73 | 73 | 74 |
| Loan-to-value | 46.9% | 75.4% | 92.8% | 110.8% | 135.9% |
| Vehicle model year | 2019 | 2021 | 2022 | 2022 | 2022 |
By credit score band
| Band | Range | Loans | Share | Median APR |
|---|---|---|---|---|
| near prime | 601-660 | 232 | 6.3% | 7.8% |
| prime | 661-780 | 1,862 | 50.6% | 3.9% |
| super prime | 781-900 | 1,586 | 43.1% | 2.9% |
Pool composition
- Originators: HCA (3,680)
- Used vehicles: 5.9%
- Co-obligor present: 30.6%
- Zero-APR loans: 10.5%
- States present: 51
- Top states: CA (480), TX (426), IL (209), FL (187), OH (157), PA (147), NJ (146), NY (146)
What this is not
Not underwriting guidelines. Not a comparison of lenders. Not a description of any lender's programs or current practices. Each row describes one securitized pool, as reported in one filing, on one date - a sponsor-selected subset of what an originator funded. Issuers securitizing privately under Rule 144A file no asset-level data and are absent by construction.
Income and employment verification appear in the file only as raw Schedule AL codes (2, 3, 1 and 2, 3). Their meanings are not asserted here — the filer's codebook is the only authority for what a code means, and this shelf published none.
underwritingIndicator is recorded upstream but omitted here: filers apply it inconsistently and it cannot be read as an exception rate. Verification codes are raw and are not comparable across filers. LTV carries a per-shelf comparability flag.
Method: how these figures are computed. Data generated 2026-08-25 from the filing above.