April data on UK cards shows spending declined and average balances increased, signalling slow rise in credit risk for UK consumers

Financial pressures on UK consumers are evident in drop in spend and rise in delinquencies on credit cards

Skyrocketing delinquencies in the US and other markets pose a threat that demands the use of decisioning-as-a-service

In data on UK credit cards, FICO sees a rise in customers missing three payments, and signs of growing first-party fraud

The long-term value of a good customer decision far surpasses the short-term ROI

The advent of Generative AI opens the door for more targeted and effective messaging when payments are late – learn about the benefits

FICO data reveals that the positive payment behaviour from the pandemic is still persisting

Inappropriate comparisons between credit scoring models could threaten liquidity and consumer access to affordable credit

FICO data suggests the ongoing impact of inflation could affect consumer affordability through 2025

The FICO Score is a primary factor in determining consumer credit risk for mortgage originations, secondary market, and portfolio management with consumer and regulatory benefits

Here are 5 key steps that CSPs can take to predict rising churn and delinquency rates and improve telco customer retention

What student loan borrowers can do to help avoid negative impacts to their credit scores as the federal loan “on-ramp” period ends

The royalty FICO collects for the FICO Score is the lowest among all other components commonly included in mortgage closing costs.

FICO UK Credit Report for August 2024 shows familiar card payment trends, but late payments are still higher than 2023