CONSUMER CREDIT DEFAULT RATES

摘要

Data through December 2015, 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 the composite rate at 0.97% in December, unchanged from the previous month. The bank card default rate decreased 42 basis points in December, recording a default rate of 2.49%. The auto loan default rate was unchanged from November with a 1.04% default rate in December. The first mortgage default rate increased two basis points, posting 0.84% for December.