UK Card Payment Trends: Delinquencies Still Climbing
FICO UK Credit Report for August 2024 shows familiar card payment trends, but late payments are still higher than 2023
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
How Compassionate Digital Collections Can Improve Your Bottom Line
Omnichannel technology is one key to humanizing your collections strategy and personalizing treatment strategies
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
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
UK Credit Cards: Pre-Holiday Spending and Payments
UK card sales and cash spend fell before the usual Christmas upturn, although inflation means spending was higher than the same period in 2022
CJEU Ruling Highlights the Need for Explainability in Analytics
Black box models will be even more difficult to justify after a recent European ruling - explainable AI and reason codes with credit scores are critical
UK Credit Cards: Stable Activity in September Ahead of Holiday Period
UK credit card missed payments and total balances rise, while spending falls ahead of the festive period
UK Credit Cards: Summer Saw Spending and Balances Rise
FICO UK Credit Report shows worrying trends as average spend per credit card rose while payments to balance rose and fell
UK Cards: June Data Shows Spending Spike in Cost-of-Living Squeeze
Average spend on UK credit cards rose to highest level in 15+ years as inflation remains high
UK Cards: FICO Data Shows Delinquencies and Spend Are Rising
The impact of stubbornly high inflation is evident in changing patterns on UK credit cards
UK Cards: Spend and Balances Rose in March / April 2023
Unpredictable consumer spending puts banks on high alert as deadline for new Consumer Duty Guidance nears
Digital Debt Collection Trends in 2023 - From Culture to Strategies
Insights from a panel discussion into debt collection trends for digitization, omnichannel communications and more
UK Cards Data: Cardholders Spent More in February, But Paid Less
New FICO data demonstrates cost-of-living pressures across spend and missed payments as UK consumers battle to manage finances
UK Credit Cards: Are "Established" Accounts in Trouble?
FICO data reveals worrying trends developing amongst established credit card users as missed payments rise
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