credit card arrears

Warning over surge in missed mortgage and credit card payments

19th January 2024 Arrears and Recoveries | #credit card arrears #mortgage arrears

Latest Bank of England data has highlighted that mortgage defaults and missed payments on credit cards and loans both surged at the end of the year, and are expected to keep rising. Missed credit card and loan payments, as a percentage of balances, are higher than they have been for at least five years with…

Credit card arrears increase

31st May 2022 Arrears and Recoveries | #credit card arrears

New analytics from Fico has found that the percentage of credit card accounts with one and two months missed payments has increased month-on-month with it appearing that repayments remain a priority for credit card holders, suggesting that there will be greater reliance on credit over the coming months as the cost-of-living crisis deepens due to…

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credit card arrears

Warning over surge in missed mortgage and credit card payments

Credit card arrears increase

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