Latest FICO data on UK credit cards patterns shows more signs of stress for many, while lockdown has helped others

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

December 2020 data on UK credit cards reveals rapidly increasing balances for consumers missing two or more payments

The FICO UK Credit Market Report for November shows a rise in card spending, raising concerns over post-holiday payments

2021 is poised to bring about some meaningful and positive developments in Washington for the financial services industry

Analysis of UK card trends shows scope for high spending over the holiday, perhaps leading some consumers into hot water

The furlough schemes and payment holidays continue to mask the extent of consumers' financial troubles

UK card issuers’ data reveals continued increase in spending as well as first signs of consumers missing two payments

FICO UK Credit Card Market Report – June/July 2020

FICO UK Credit Market Report – May 2020

Benchmarking data can help you evaluate strategies, identify focus areas for your portfolio, and provide information to auditors and regulators

From safeguarding your identity to fighting money laundering, here's what I predict US lawmakers will do this year

2-cycle balances growing for cards raise issues around Persistent Debt

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?

Following on from my previous post on persistent debt, here I’m tackling the topic of preventing customers from falling into persistent debt.