Business
FICO UK Credit Card Market Report: June 2025
LONDON, August 14, 2025--The latest credit card market data from global analytics software leader FICO shows how rising spend and falling payments to balance are continuing to push up average balances. Increased spending follows expected seasonal trends, but the percentage of balance paid continues to trend downwards, which will be a concern for lenders.
About this update from Fair Isaac Corporation
[{"type":"text","content":"Summer spending and continued financial pressures push up credit card balances","length":78,"tagName":"p","attribs":{}},{"type":"text","content":"LONDON, August 14, 2025--(BUSINESS WIRE)--The latest credit card market data from global analytics software leader FICO shows how rising spend and falling payments to balance are continuing to push up average balances. Increased spending follows expected seasonal trends, but the percentage of balance paid continues to trend downwards, which will be a concern for lenders.","length":373,"tagName":"p"},{"type":"text","content":"Highlights","length":10,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Spending rose by 4.6% month-on-month to £825, although was 1.4% lower than June 2024","length":84,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Average balances continued to trend upward, reaching £1,885 — 1% higher than May and up 4.6% year-on-year","length":105,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"The percentage of payments to balance dropped 2.1% month-on-month and 5.7% year-on-year","length":87,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Customers missing one and three payments fell month-on-month while those missing two payments rose compared to May","length":114,"tagName":"p","attribs":{}}]}],"tagName":"ul","bulletedList":true,"length":390,"olType":false},{"type":"table","headerItems":[],"items":[{"val":[{"colspan":"4","rowspan":"1","style":"padding-left:0.0px;border-bottom:solid black 1.0pt;","val":[{"type":"text","content":"Key Trend Indicators – UK Cards June 2025","length":41,"tagName":"p","attribs":{}}]}]},{"val":[{"colspan":"1","rowspan":"1","style":"vertical-align:top;border-bottom:solid black 1.0pt;border-left:solid black 1.0pt;background-color:#D3D3D3;padding-left:5.0px;width:45%;","val":[{"type":"text","content":"Metric","length":6,"tagName":"p","attribs":{}}]},{"colspan":"1","rowspan":"1","style":"vertical-align:top;border-bottom:solid black 1.0pt;padding-left:5.0px;background-color:#D3D3D3;width:15%;","val":[{"type":"text","content":"Amount","length":6,"tagName":"p","attribs":{}}]},{"colspan":"1","rowspan":"1","style":"vertical-align:top;border-bottom:solid black 1.0pt;padding-left:5.0px;background-color:#D3D3D3;width:20%;","val":[{"type":"text","content":"Month-on-MonthChange","length":2...