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|FICO Data: Warning Signs for New UK Credit Card Performance Mar Positive Trends|
|Tuesday, 01 September 2015|
New data from FICO, the analytic software company, shows continued improvement in the health of mature UK credit card accounts, along with worrying signs for newer accounts.
In June, the percentage of current (non-delinquent) accounts that have been on the books for 12 or more months reached its highest value over the last two years. In addition, the average current balance among mature accounts was £49 higher than in June 2014, and £106 higher than in June 2013.
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