Mon.Jul 26, 2021

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UK Credit Card Data Shows Cardholder Caution

Fico Collections

Whilst the effects of a full month of retail and hospitality re-openings were reflected in a further rise in card spend, the increase was just 4 percent compared to the 12 percent increase seen in April. Spend is at its second highest in the last 13 months and is also £6 higher than May 2019. Source: FICO® Benchmark Reporting Service.

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