Mon.Jul 26, 2021

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UK Credit Card Data Shows Cardholder Caution

Fico Collections

Spend is at its second highest in the last 13 months and is also £6 higher than May 2019. This caution is also reflected in the percentage of payments to balance, which continued to increase by 10 percent month on month to 36 percent, the highest ratio over the last two years. Source: FICO® Benchmark Reporting Service.

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