UK Credit Card Payment Trends - Missed Payments Are Rising
Spending falls following typical seasonal patterns, although average balance is up 5.3% year-on-year and more customers miss payments
FICO UK Credit Card Market Report: July/August 2023
Summer months see average credit card spend and balance continue to trend upwards while payments to balance rose and fell, sending warning signals to lenders ahead of winter
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FICO UK Credit Card Market Report: May 2023
Impact of stubbornly high inflation evident in rising credit card delinquency levels and average spend
US Bankcards Industry Benchmarking Trends: 2024 Q2 Update
Credit card delinquencies are stabilizing in early buckets while consumers continue to spend
FICO UK Credit Card Market Report: February 2023
Data demonstrates cost-of-living pressures across spend and missed payments as UK consumers battle to manage finances
FICO Data: UK Credit Card Customers Showing Signs of Financial Stress
Worrying trends developing amongst established credit card users as missed payments rise
UK Credit Card Trends 2023-2024: More Spend and Delinquencies
FICO analysis of 2023-2024 data reveals how continued high costs and inflation are shaping UK credit card payment patterns
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FICO UK Credit Card Market Report: January 2023
Start of the new year presents mixed picture of debt management by UK consumers
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FICO UK Credit Card Market Report: December 2022
Seasonal increases plus higher prices result in festive spending highs and big rise in cardholders missing one payment
FICO UK Credit Card Market Report: November 2022
Increased spend and careful credit management kick in for the festive season, but cardholders with two missed continued to rise
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