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. The average spend on UK credit cards increased for the third consecutive month, by £26 to £651 in May 2021.
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