Average credit card balances fell for first time in 6 months in October 2025

Latest credit card analysis by Fico has revealed that pre-Christmas spending and average active balances fell, whilst average balances for missed accounts remain high, reflecting continued financial pressure. The October 2025 data showed a decline in credit card spending compared with the previous month and the previous year. Lower spending led to average balances falling…

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Half of university students struggling to repay their credit cards

Research by Compare the Market has found that half of university students struggle to repay their credit card balance within three months. The data found that almost one in two (48%) university students have been struggling to repay their credit card balance within three months, with the main reasons being the rising cost of everyday…

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