UK Credit Cards Report Shows Financial Stress and Less Spend
Latest FICO data on UK credit cards patterns shows more signs of stress for many, while lockdown has helped others
UK Cards: More Signs of Stress for the Financially Stretched
FICO UK Credit Market Report for January 2021 suggests that curtailed spending on UK cards has helped some consumers but shows an increase in accounts missing two or more payments
UK Credit Market Report December 2020: Debt Pressures Growing
December 2020 data on UK credit cards reveals rapidly increasing balances for consumers missing two or more payments
FICO Resilience Index is Strong Predictor of Consumer Need for Loan Accommodations
Latest research underscores relationship of index to October 2020 reported payment accommodations
UK Cards Report: Concerns Over Post-Christmas Payments
The FICO UK Credit Market Report for November shows a rise in card spending, raising concerns over post-holiday payments
UK Credit Report: Is £90 Million in Unused Credit a Bad Thing?
Analysis of UK card trends shows scope for high spending over the holiday, perhaps leading some consumers into hot water
UK Credit Market Report: Good News and Warning Signs
The furlough schemes and payment holidays continue to mask the extent of consumers' financial troubles
New Data Underscores Strong Performance of the FICO Resilience Index
Recent loan accommodation requests correlated to FICO Resilience Index values
UK Credit Report: Early-Stage Delinquencies Rise
UK card issuers’ data reveals continued increase in spending as well as first signs of consumers missing two payments
New Data: How COVID-19 Is Impacting the UK Credit Card Market
FICO UK Credit Card Market Report – June/July 2020
The Impact of COVID-19 on the UK Credit Card Market
FICO UK Credit Market Report – May 2020
Using Benchmarking Data Strategically for Card Management
Benchmarking data can help you evaluate strategies, identify focus areas for your portfolio, and provide information to auditors and regulators
Collections: UK Card Trends Show Delinquent Balances Mounting
2-cycle balances growing for cards raise issues around Persistent Debt
Persistent Debt – Moving from Prevention to Competing
My last two posts on persistent debt in the UK focused on compliance and prevention. Here’s a different angle: Can issuers actually compete in this area?
Persistent Debt – Moving from Compliance to Prevention
Following on from my previous post on persistent debt, here I’m tackling the topic of preventing customers from falling into persistent debt.
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