FICO UK Credit Card Market Report: January 2024 [Yahoo! Finance]
Fair Isaac Corproation (FICO)
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Source: Yahoo! Finance
LONDON, March 25, 2024 BUSINESS WIRE )--According to the FICO UK Credit Card Market Report for January 2024, consumer credit behaviour followed typical start-of-year patterns. Spending fell by 8.6% post-Christmas, while consumers increased their payments to balance by 2.7%. Credit card providers will, however, be encouraged by the first increase in payments to balance since July 2023. Highlights Average card spend dropped by 8.6% month-on-month, equating to an average spend of £775 Reflecting continued high prices, year-on-year spend in January was 2.4% higher than 2023 Increased payments to balance led to a 0.7% drop in average card balances, which now stands at £1,770 Fewer cardholders missed one card payment in January compared to December There was an increase in the number of cardholders who missed two and three payments in January - 12.6% and 1.4% - respectively The percentage of accounts using the cash limit decreased for the fourth month in a row after peaking i
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- Fair Isaac Co. (NYSE: FICO) had its price target raised by analysts at Raymond James from $1,413.00 to $1,418.00. They now have an "outperform" rating on the stock.MarketBeat
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- Fair Isaac Corporation: An Expensive Stock Is Not An Issue If You Have Pricing Power [Seeking Alpha]Seeking Alpha
FICO
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- 4/25/24 - Beat
FICO
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- 4/25/24 - Form 10-Q
- 4/25/24 - Form 8-K
- 4/18/24 - Form 4
- FICO's page on the SEC website