CONSUMER CREDIT DEFAULT RATES

摘要

Data through March 2016, released by S&P Dow Jones Indices and Experian for the S&P/Experian Consumer Credit Default Indices, a comprehensive measure of changes in consumer credit defaults, shows a composite rate of 0.93% in March, down four basis points from the previous month. The first mortgage default reported a 0.77% rate for March, down seven basis points from the prior month. Auto loan defaults recorded a 1.02% default rate, down three basis points from February. The bank card default rate increased 36 basis points in March, recording a default rate of 2.92%.