S&P/Experian Consumer Credit Default Indices show an increase in national index led by first mortgages

by Guest Contributor 1 min read March 7, 2012

A study released in October 2011 for the S&P/Experian Consumer Credit Default Indices showed that first mortgage default rates rose to 2.08 percent in October from September’s 1.99 percent. Auto loans, second mortgages and bank cards all saw drops in their default rates.

Looking at regions, Chicago saw the largest default rate increase, moving from 2.47 percent to 2.64 percent. Miami fell the most, to 4.16 percent, well below the near 19 percent default rate it had a little more than two years ago.

Access previous issues of the S&P/Experian Consumer Credit Default Indices.

Source: October 2011 S&P/Experian Consumer Credit Default Indices.

Related Posts

Vision 2026 Day One Recap: Designing What’s Next 

Leaders from across the industry came together to explore the technologies, strategies and opportunities shaping what’s next.

October 6, 2026 by Sharis Rostamian
Ask the Expert: Busting the Biggest Myths About Alternative Data with David Elmore and Vince Nowicki

Alternative data myths can hold lenders back. Experian and Mission Federal bust common misconceptions about risk, implementation and getting started.

October 5, 2026 by Julie Lee
2026-2027 Data Breach Response Guide

Our Data Breach Response Guide provides guidance to help your organization prepare, respond and recover while protecting your customers.

September 30, 2026 by Laura Burrows

Subscribe to our Newsletter

Enter your name and email for the latest updates.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Subscribe to our Newsletter

Don't miss out on the latest industry trends and insights!
Subscribe