Credit Rating Report

Upstart Securitization Trust 2019-1: Rating Report

Consumer Loans & Credit Cards

Summary

DBRS, Inc. (DBRS) finalized its provisional ratings on the following classes of notes (collectively, the Notes) issued by Upstart Securitization Trust 2019-1 (UPST 2019-1):

-- $86,837,000 Class A Notes at A (sf)
-- $64,472,000 Class B Notes at BBB (sf)

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