Analysis of default risk in credit card use / Análise do risco de inadimplência na utilização de cartões de crédito

This paper analyzes the risk of default in use credit cards generating probabilities delay payment with different variables such as age, gender, limit and annual income. The behavior debtors who is studied identifying changes states levels. A multi-state model Markov was used to perform analysis. study applied card usage records individuals 121 commercial financial institutions. research identifies patterns by customers provides valuable inputs help institutions understand phenomenon risk.