FICO UK Credit Card Market Report: February 2024

LONDON--(BUSINESS WIRE)--The FICO UK Credit Card Market Report for February 2024 presents a mixed picture on consumer confidence and financial pressures. There was an uptick in spending after the usual seasonal dip in January and the number of people missing one and two payments fell. However, payments to balance fell by 3.6% compared to February 2023 and the average balance is higher than the previous month and previous year. Highlights Average spend increased 1.55% over January 2024, reaching