FICO flags UK credit card payment rate drop to 33.3% in June as balances hit record GBP 1,975 - FICO News | RalliesFICO flags UK credit card payment rate drop to 33.3% in June as balances hit record GBP 1,975
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FICO• UK credit card market weakens as balances rise
- Fair Isaac analysis of the UK credit card market for June 2026 flagged weakening payment rates alongside rising balances.
- Average spend rose 5.6% month-on-month to GBP 835; average active balance hit a record GBP 1,975, up 1.4%.
- Payments-to-balance fell to 33.3%, down 2.4% on the month, extending a year-on-year decline of 4.4%.
- Delinquencies increased year-on-year across one to three missed payments; three-missed-payment accounts rose 14.3%.
- Average credit limits edged up 0.2% month-on-month to GBP 5,985, keeping leverage capacity elevated as affordability strains persist.
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