FICO UK Credit Card Market Report: October 2024 [Yahoo! Finance]
Fair Isaac Corporation (FICO)
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Source: Yahoo! Finance
LONDON, December 18, 2024 BUSINESS WIRE )--Following expected seasonal trends between summer and Christmas, October 2024 saw sales and credit card balances drop, month-on-month according to data from global analytics software leader FICO. However, the high cost of living that has been a feature of 2024 means spending remained 1% higher than the same period in 2023. In contrast, the percentage of balance paid went against the usual trend of dropping from August until the end of the year, with marginal month-on-month increases seen in September and October. In September, there was a 1.3% increase, while October showed a 0.3% increase, taking the percentage of balance paid to 37.2%. However, again reflecting the financial pressure on households in 2024, both months are lower than the previous year, by 2.5% and 1.5% respectively. Highlights Sales dropped 5.5% month on month to an average of £790 in October but have increased by 1% on the previous year After a 0.5% increase in Sep
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News
- Fair Isaac Co. (NYSE: FICO) is now covered by analysts at JPMorgan Chase & Co.. They set a "neutral" rating and a $2,150.00 price target on the stock.MarketBeat
- What is an excellent credit score? [Yahoo! Finance]Yahoo! Finance
- FICO UK Credit Card Market Report: October 2024Business Wire
- FICO Wins Banking Tech Award for Blockchain and AI Innovation [Yahoo! Finance]Yahoo! Finance
- FICO Wins Banking Tech Award for Blockchain and AI InnovationBusiness Wire
FICO
Earnings
- 11/6/24 - Beat
FICO
Sec Filings
- 12/19/24 - Form 4
- 12/17/24 - Form 144
- 12/16/24 - Form 4
- FICO's page on the SEC website