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

First mortgage default rate at highest since september 2020 new york , aug. 16, 2022 /prnewswire/ -- s&p dow jones indices and experian released today data through july 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 four basis points to 0.57%.
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