UK Credit Card Trends: From 2008 Crash to Cost-of-Living Crisis
Changes in card management, customer behaviour and regulations make card delinquencies and other trends very different from the crash of 2008
Liz Ruddick
Liz Ruddick is a director of business consulting in the Partner Success Advisors team at FICO. Liz joined FICO in 2006 and works closely with financial services clients in the UK, Ireland, the European Union, the Middle East and India in supporting their customer management and collections disciplines. Liz also works on a range of projects including customer management software implementations and upgrades, current state assessments and delivery of data-driven strategies.
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UK Credit Card Trends: Cost-of-Living Stress Starts to Show in Data
The signs of the cost-of-living crisis are still limited, with the biggest area of concern being a 3 percent increase in missed payments for new accounts
UK Cards Report: Credit Card Payments Yet To Show Signs Of Distress
The FICO Credit Market Report for March 2022 shows UK card repayments remain a priority for credit card holders, suggesting greater reliance on credit as costs rise
UK Cards Report: Repayments Not Impacted by Cost of Living Hike
The FICO Credit Market Report for February 2022 shows UK card trends following typical post-seasonal spend and repayment patterns - will the cost of living rise show up soon?
UK Cards Trends: Good Performance Despite Rising Living Costs
The FICO UK Credit Card Market Report for January 2022 shows strong financial management by consumers, but concerns remain over UK cards trends as fuel and other costs rise
UK Cards Report - Holiday Spend and More Missed Payments
Omicron didn't dampen Christmas spending, as balances increased - but so did missed payments and other signs of trouble on UK cards
UK Card Spend Hits Over Two-Year High
FICO Credit Report shows higher UK card spend in November, but also consumers reducing card payments
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