UK Credit Market Report April: Credit Card Spend Up 12 Percent
Fico Collections
JUNE 14, 2021
Average balances on accounts with three missed payments are £272 higher (10 percent) and four missed payments plus are £315 higher (11 percent), reaching another over two-year high. Card limits remain steady, but the percentage of accounts exceeding their limit increases for the first time since December 2019.
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