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FICO released its quarterly UK cards data showing that delinquencies have fallen over the past six months. For so-called ‘classic” (non-premium) credit cards, less than 5% of the balances on all cards were 30 days delinquent in March, which represents a two-year low. In February and March, the percentages of accounts that were 30 days delinquent [...]
The post FICO reports UK credit card delinquencies have fallen to two-year low appeared first on Payments Cards & Mobile.
