FICO UK Credit Card Report Shows Record Balances as Spending Falls
The average active UK card balance rose 0.4% to £1,980 in July, a record for the second month running, even as average monthly spending fell 2% to £815.
September 22, 2026
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The average active UK card balance rose 0.4% to £1,980 in July, a record for the second month running, even as average monthly spending fell 2% to £815.
September 22, 2026
FHA lenders can use FICO Score 10T from 1 January 2027, the same date VantageScore 4.0 received, and FICO announced within hours of its rival. Neither wanted to be second.
September 13, 2026
With FHA on board from 1 January 2027, VantageScore 4.0 is cleared across every government mortgage channel. The FHA insures roughly one in five US mortgages.
September 13, 2026
UK card spend rose 5.6% in June to £835 while average balances hit a record £1,975. Consumers repaid a smaller share and missed more payments than a year earlier.
August 26, 2026
Absa is the first major South African bank to use WhatsApp for real-time fraud verification across the whole fraud case process, using FICO technology.
April 27, 2026