A lower CII number compared to the prior period represents a decline in credit health, while a higher number reflects an improvement. The CII number needs to be looked at in relation to the previous period(s) and not in isolation. In March 2022, the CII of 105.3 represented an improvement in credit health compared to the same month prior year (March 2021) and a slight decline in credit health compared to the prior month (February 2021).
A lower CII number compared to the prior period represents a decline in credit health, while a higher number reflects an improvement. The CII number needs to be looked at in relation to the previous period(s) and not in isolation. In March 2022, the CII of 105.3 represented an improvement in credit health compared to the same month prior year (March 2021) and a slight decline in credit health compared to the prior month (February 2021).