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Posts Tagged ‘ credit defult ’

Default rates increase for most loan types

  • December 9th, 2012
  • Posted in Mortgage

The November release of the S&P/Experian Consumer Credit Default Indices, a comprehensive measure of changes in consumer credit defaults, showed that most loan types saw an increase in default rates in October. After nine consecutive months of declining default rates, the national composite1 increased to 1.55 percent in October from the 1.46 percent September rate. [...][ READ MORE ]

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