trending Market Intelligence /marketintelligence/en/news-insights/trending/i35wpfpk_jrlzl-bdslj9a2 content esgSubNav
In This List

S&P: US bank card default rate lower for 5th consecutive month

Blog

Banking Essentials Newsletter 2021: December Edition

Blog

Automating Credit Risk Surveillance Using Statistical Models

Blog

Post-webinar Q&A: Speed and Scalability – Automation in Credit Risk Modeling

Case Study

A Chinese Bank Takes Steps to Minimize Risks as it Supports International Trade


S&P: US bank card default rate lower for 5th consecutive month

The U.S. bank card default rate was lower for the fifth consecutive month and was 5 basis points lower than last month at 0.82%, according to S&P/Experian Consumer Credit Default Indices.

The indices, which track changes in consumer credit defaults, indicated that the bank card default rate dropped 38 basis points to 3.14%. Also, the auto loan default rate decreased 8 basis points to 0.89%, while the first mortgage default rate was down 2 basis points to 0.63%.

S&P Dow Jones Indices and S&P Global Market Intelligence are both owned by S&P Global Inc.