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FICO Data Shows UK Cardholders Paying Less of their Credit Card

FICO Data Shows UK Cardholders Paying Less of their Credit Card

FICO today released data showing that most UK cardholders are paying less of their outstanding credit card balance than at any point in the last two years. The latest data from the FICO® Benchmark Reporting Service showed that this decline in payment-to-balance ratios took place among ‘classic” card accounts established within the last five years.  [...]

The post FICO Data Shows UK Cardholders Paying Less of their Credit Card appeared first on Payments Cards & Mobile.

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