Tag : FICO Data

UK Credit Card Trends 2023-24: FICO Data Shows Rising Spend and Missed Payments
Finance Fintech News

UK Credit Card Trends 2023-24: FICO Data Shows Rising Spend and Missed Payments

Business Wire
by Business Wire0
Year-on-year analysis reveals impact of continued high costs and inflation requiring lenders to remain vigilant The last year has been challenging for UK households balancing budgets against rising fuel costs, spiralling inflation and wage pressures. Analysis by global analytics software firm FICO of its proprietary UK credit cards data for......
Digital Payments News

FICO Data: UK Credit Card Customers Showing Signs of Financial Stress

Business Wire
by Business Wire0
Worrying trends developing amongst established credit card users as missed payments rise New analysis of UK credit card activity from FICO has revealed worrying payment patterns amongst customers who have held their cards for between one and five years, known as the Established vintage. This group is showing increased rates......
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