FICO says UK credit card balances hit record £1,980 in July for second month

Bitget2026/09/21 08:00

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!

A welcome pack worth 6200 USDT for new users! Sign up now!

FICO’s July 2026 UK card report showed average credit card spending fell 2% month-on-month to GBP 815.
Average active balances rose 0.4% to a record GBP 1,980, up 4.7% year-on-year despite softer spending.
Repayment momentum improved as the share of balance paid increased 0.9% to 33.6%, still 3.6% lower year-on-year.
Arrears worsened as one-payment misses climbed 11.5% month-on-month to 1.5%; three-payment misses rose 9.6% to 0.2%.
New FCA BNPL affordability checks from July 15 could push rejected BNPL demand onto cards, adding upward pressure on balances.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Fair Isaac Corporation published the original content used to generate this news brief via Business Wire (Ref. ID: 202609210400BIZWIRE_USPR_____20260921_BW393022) on September 21, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.

Trade now！

Nvidia will further increase its investment in SB Energy Inc., a data center infrastructure provider backed by SoftBank Group, ahead of SB Energy’s planned US initial public offering (IPO). Nvidia plans to invest an additional $1.5 billion, bringing its total investment in SB Energy to $3 billion.

智通财经•2026/09/21 22:36

Woodward agrees to sell Santa Clarita campus, legacy aerospace product lines; deal to close in fiscal 2027

Bitget•2026/09/21 21:15

BrightSpire Capital to redeem commercial real estate CLO on Oct. 19, 2026

Bitget•2026/09/21 21:15