What credit score do you need for a balance transfer credit card?

Private credit default rates exhibit significant variation depending on the reporting entity, which complicates the assessment of actual financial distress. Bloomberg's Kat Hidalgo analyzes this discrepancy on Bloomberg Open Interest, highlighting how the lack of standardized counting methods creates a disconnect in understanding the true level of risk within the private credit sector. This confusion makes it difficult for market participants to accurately gauge the stability and default trends currently affecting these specific credit markets.