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FICO UK Credit Card Market Report February 2022 

Impact of cost of living rise not yet evident in credit card repayments
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FICO UK Credit Card Market Report January 2022

Covid Bubble Not Yet Burst by Rising Cost of Living

UK Credit Cards: Average Spending and Balances Reach New High

High prices lead to highest average credit card spend and balances since FICO records began
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FICO UK Credit Market Report December 2021: Omicron Didn’t Dampen Christmas Spending As Balances Increased - But Missed Payments Also Rising

New FICO data reveals potential for increased debt risk as missed payments rise at the same time as spending takes its usual seasonal upturn
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Reflection for risk managers

Supporting customers during cost of living crisis
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FICO UK Credit Market Report November 2021: Black Friday and Christmas Boost Spend to Over Two-Year High as Payments Start to Drop

New FICO data reveals typical festive season spending, but with consumers reducing percentage of payments to card balance there’s also the potential for increased debt into the New Year
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Are you making optimized collection decisions in telco?

Your board wants to know you’re making optimal collection decisions — but can you prove it?
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FICO UK Credit Market Report October 2021: Are Lockdown Savings Running Out?

New FICO data suggests the tide might be turning on consumer finances with average card spend falling and early missed payment rates rising as furloughs finish

Meet The 2024 FICO Decisions Awards Winners!

18 companies recognized for successful innovation in AI, machine learning and decision management
Corporate News

Global Industry Experts to Judge 2022 FICO Decisions Awards

Awards honor FICO customers achieving outstanding results with AI, machine learning and digital transformation
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FICO UK Credit Market Report September 2021: Calm Before the Storm or Will Lockdown Stashes Save the Day?

Financial prudence appears to be the current theme in the UK cards market with spending down and percentage of payments to balance up – but will this positive attitude remain as COVID savings dwindle?
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FICO UK Credit Market Report August 2021: One Month from End of Furloughs, Financial Confidence Remains Strong

August saw a two-year low in consumers paying less than the amount due on cards, although signs of financial pressure can be seen in an increase in the average balance for accounts that have two missed payments and another rise in the use of cash on cards
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Independent Auto Finance

Reducing car loan risk and processing time
Corporate News

Call for Best Advanced Analytics Achievements of the Year: 2022 FICO Decisions Awards Now Open

Awards honor FICO customers achieving outstanding results with AI, machine learning and decision management
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FICO UK Credit Market Report July 2021: Pandemic Savings Mask Picture of Debt

Increased signs of financial pressure as government support reduces and spending opportunities increase, even though percentage of payments to balance maintains upward trend

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