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FICO UK Credit Card Market Report: November 2025

LONDON, January 30, 2026--FICO (NYSE: FICO)

articleFair Isaac CorporationJanuary 30, 20264/company/fair-isaac-corporation/news/fico-uk-credit-card-market-report-november-2025
FICO UK Credit Card Market Report: November 2025

About this update from Fair Isaac Corporation

[{"type":"text","content":"Pre-Christmas spending remained below 2024 figures, but balances rose as payments fell to the lowest level since 2021","length":117,"tagName":"p","attribs":{}},{"type":"text","content":"LONDON, January 30, 2026--(BUSINESS WIRE)--FICO (NYSE: FICO)","length":60,"tagName":"p"},{"type":"text","content":"Analysis of credit card data for November 2025 by global analytics software leader FICO has found spending, balances and payments followed seasonal trends in the run-up to Christmas. However, while spending rose as expected during November, it was lower year-on-year, signalling continued pressure on household finances. Average balances resumed an upward trajectory as payment rates dropped to the lowest level since 2021, and overlimit usage increased, meaning risk and collections teams need to be particularly vigilant.","length":523,"tagName":"p"},{"type":"text","content":"Highlights","length":10,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Spending rose by 2.6% from October to November, reaching an average of £785, but remained 2.4% lower year-on-year","length":113,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Average active balances reached £1,915, representing a monthly increase of 0.8% and an annual rise of 5%","length":104,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"33.4% of the overall balance was paid in November 2025, 2.8% down on the previous month and 7.4% down from November 2024","length":120,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Average balances for customers missing payments have increased across all categories, month-on-month and year-on-year","length":117,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"The number of credit card accounts over their limit in November increased by 6.4% month-on-month and 5.9% year-on-year","length":118,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"The percentage of customers using credit cards to take out cash showed the most significant seasonal decline, decreasing by 12.3% from the previous month and 15.2% year-on-year","length":176,"tagName":"p","attribs":{}}]}],"tagName":"ul","bulletedList":true,"length":748,"olType":false},{"type":"text","content":"FICO Comment:","length":13,"tagName":"p"},{"type":"text","content":"The combination of the lowest payment rates si...

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