Vroom Inc., through its wholly owned subsidiary United Auto Credit Corporation (UACC), has entered into a new asset-backed securities (ABS) transaction involving the sale of approximately $274.9 million in subprime motor vehicle retail installment sales contracts. These receivables were sold to United Auto Credit Financing LLC, a special purpose subsidiary of UACC, and subsequently transferred to United Auto Credit Securitization Trust 2026-1. The Trust has issued $225 million in asset-backed notes across five classes, with interest rates ranging from 4.41% to 7.77%. The transaction creates long-term financial obligations for UACC, which will also serve as the servicer of the receivables, earning a monthly servicing fee. The ABS transaction includes provisions for events of default and risk retention in compliance with regulatory requirements.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Vroom Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-26-040495), on February 06, 2026, and is solely responsible for the information contained therein.