In part two of our five-part “Cutting through the noise” series, Partner Fabian Körzendörfer unpacks the so-called “shadow default rate.”

It’s a term that grabs headlines, but we see it as a signal, not a verdict. So far, there’s limited evidence that it systematically leads to payment defaults. The key, therefore, is separating noise from data.

Watch the video below to get the full picture.

In case you missed it, check out our whitepaper on this topic here.

Shadow default rate — a signal, not a verdict

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