S&P consumer credit default indexes measure state of US economy

Standard & Poor's (S&P) has partnered with Experian, a global information services company to create a series of consumer credit default indexes, which will provide an insight into the health of the US economy and the quality of consumer credit.

The series is divided into five main indexes: the S&P/Experian Auto Default Index, the S&P/Experian First Mortgage Default Index, the S&P/Experian Second Mortgage Default Index, S&P/Experian Bankcard Default Index and the S&P/Experian Consumer Credit