NOW TRUST 2024-1 — Investor Relations & Filings

NOW TRUST 2024-1 is a special purpose vehicle established for the purpose of a securitization transaction. The trust is designed to issue asset-backed securities to institutional investors, with the underlying collateral typically consisting of a portfolio of unsecured personal loans originated by Now Finance. The structure facilitates the financing of consumer credit by converting illiquid loan assets into tradable debt instruments. The trust manages the collection of principal and interest payments from the underlying loan pool to service the obligations of the issued notes, which are often structured into different tranches with varying risk profiles and credit ratings. This vehicle provides a mechanism for capital market participants to gain exposure to consumer credit assets through a bankruptcy-remote entity.