S&p/experian consumer credit default indices show sixth consecutive rise in composite rate in may 2022

Composite rate at highest level since march 2021 new york , june 21, 2022 /prnewswire/ -- s&p dow jones indices and experian released today data through may 2022 for the s&p/experian consumer credit default indices. the indices represent a comprehensive measure of changes in consumer credit defaults and show that the composite rate rose one basis point to 0.51%.
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