FICO - UK Consumers Rein In Credit Card Spending in July but Balances Hit Record High for Second Month
FICO - UK Consumers Rein In Credit Card Spending in July but Balances Hit Record High for Second Month
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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.