Subscription fraud, scams, and account takeover fraud all impact the bottom line and risk damaging reputation.

UK card sales and cash spend fell before the usual Christmas upturn, although inflation means spending was higher than the same period in 2022

UK credit card missed payments and total balances rise, while spending falls ahead of the festive period

FICO UK Credit Report shows worrying trends as average spend per credit card rose while payments to balance rose and fell

Average spend on UK credit cards rose to highest level in 15+ years as inflation remains high

The impact of stubbornly high inflation is evident in changing patterns on UK credit cards 

Unpredictable consumer spending puts banks on high alert as deadline for new Consumer Duty Guidance nears

New FICO data demonstrates cost-of-living pressures across spend and missed payments as UK consumers battle to manage finances

FICO data reveals worrying trends developing amongst established credit card users as missed payments rise

Many UK credit cardholders who missed one payment in December continued to struggle with their debts in the new year, with a marked increased in two missed payments

FICO data shows that inflation and Christmas consumer spending saw a sharp rise in December, while more UK customers missed a payment

FICO's monthly report on UK credit cards shows some financial resilience on the part of consumers, but a trend toward payment slippage

The FICO Credit Market Report for September shows a drop in spending and includes an increase in missed payments as cost-of-living pressures take hold

Erratic UK cardholder behaviour over the summer months reinforces challenging conditions for lenders

Changes in card management, customer behaviour and regulations make card delinquencies and other trends very different from the crash of 2008