FICO risk benchmarking data covering roughly 90% of card transactions in Canada reveals a market at an inflection point - improving delinquencies mask structural shifts in payment

Credit card insights uncover developing financial pressures affecting many Canadians

Credit card data reveals many Canadians are struggling to pay off their monthly balances

Credit unions saw a slowdown in severe delinquency impacting their credit card portfolios to finish 2024, with increases in average monthly spend and average balance

Credit card delinquency rates picked up in the back half of the year as spending slows

FICO's Canadian Bankcards Industry Benchmarking Trends for Q2 2024 show monolines delinquencies have reached pre-COVID levels

Movement Mortgage’s Anna Benz discusses the importance of FICO Scores in the credit ecosystem

Credit card delinquencies are stabilizing in early buckets while consumers continue to spend

Six pivotal reasons why accuracy is paramount in credit scoring for mortgage loans

Credit card balances and severe delinquencies are growing but positive signs are starting to appear

How migrating to FICO® Score 10T can help you gain first-mover advantage on non-conforming mortgage loans

Credit card balances continue to rise, early-stage delinquency begins to show signs of flattening

More consumers are carrying credit card balances despite high rates, and delinquency rates continue to rise

Higher prices keep customers in a pinch from making on-time payments

Canadian cards data for the second quarter of 2023 shows the need for lenders to project unexpected rapid shock to portfolios, staffing, and expenses