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Bloomberg

Private Credit Defaults Are 1%, 6% or 19%, Depending Who You Ask

Thursday, September 17, 2026


The default rate for private credit varies significantly depending on measurement methodology. Some sources report default rates around 1%, while others cite figures as high as 6% or 19%. The discrepancy stems from differences in how defaults are defined, which assets are included in calculations, and the time periods being measured.

Original reporting: https://www.bloomberg.com/news/articles/2026-09-17/private-credit-defaults-are-1-6-or-19-depending-who-you-ask

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