Experian's Consumer Default Index (CDI) Reports
The Experian Consumer Default Index (CDI) tracks default behaviour among South African consumers with Home Loans, Vehicle Loans, Personal Loans, Credit Cards, and Retail Loan accounts. The CDI provides insights by measuring first-time defaults as a percentage of outstanding balances, helping businesses gauge credit risk in real time. It is published quarterly with a two-month lag and includes a composite index and product-specific sub-indices.
Bespoke CDI: Early Delinquency Insight Tailored to Your Needs
Our bespoke CDI combines Experian’s CDI with Financial Affluence Segments (FAS), giving a clear view of your portfolio’s performance compared to the broader market. Segmenting by FAS lets you pinpoint which consumer groups face increased strain due to economic factors like unemployment, interest rate changes, and market growth.
Key Benefits of the Bespoke CDI
FAS Groups Overview
- Group 1: Luxury Living: High-income individuals with extensive financial freedom.
- Group 2: Aspirational Achievers: Young and middle-aged professionals with a high standard of living.
- Group 3: Stable Spenders: Consumers using financial products to balance necessities and occasional luxuries.
- Group 4: Money-Conscious Majority: Budget-focused older citizens using financial products for basic needs.
- Group 5: Laboured Living: Individuals with limited income covering essential expenses.
- Group 6: Yearning Youth: Entry-level earners, often young and focused on non-essential spending.
Deliverables
The Bespoke CDI is delivered in Excel, providing interactive views and comparative benchmarking at a segment level.
Applications
- Credit Risk Analysis: Understand early delinquency trends across consumer segments.
- Market Comparison: Benchmark portfolio performance against competitors.
- Informed Strategy: Use CDI insights to refine risk management and customer engagement.