Default in Corporate Credit (Card) Portfolios

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Default in Corporate Credit (Card) Portfolios

Corporate credit card statistics are coupled within commercial and industrial loans by most reporting agencies and organizations. There is no evidence in the public domain that strictly commercial, corporate, or business credit card default rates are reported. Consumer credit default or charge-off rates are reported by various agencies and organizations.

Research Strategy

Aside from general research, sources show that some terms related to the average default in corporate credit card debt are interchangeable, such as business, company, and charge-off. In addition, sources like the Federal Reserve classify corporate credit card debt as credit card loans for commercial purposes. Therefore, default rates for corporate credit card portfolios is a subset of the charge-off rate of commercial and industrial loans. Further research was conducted using every variant of terminology related to corporate, default, or credit debt without yielding any additional pertinent data.
Sources
Sources