UK Credit Card Data Shows Cardholder Caution
Fico Collections
JULY 26, 2021
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. In the five months to May 2020, 13 percent fewer accounts paid the minimum amount as the majority shifted to paying less.
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