UK consumers rein in credit card spending, but balances hit record high
UK credit card spending fell 2% in July from June, according to FICO data. However, the average active balance rose 0.4% to a record high for the second consecutive month.
UK credit card spending fell 2% in July from June, according to FICO data. However, the average active balance rose 0.4% to a record high for the second consecutive month.