FICO UK Credit Card Market Report: March 2024
Consumer spend drops to its lowest level for a year and missed payments increase ...
Source: marketscreener.com
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Consumer spend drops to its lowest level for a year and missed payments increase ...
Continued signs of financial pressures: credit card balances creep up and payments to balance fall ...
Consumer spending and payments followed typical seasonal patterns for the start of the new year ...
High prices lead to highest average credit card spend and balances since FICO records began ...
Financial squeeze on households illustrated by fall in payments to balance while spending followed usual pre-Christmas upward trend ...