Those keen to keep a good credit rating may be interested in new research revealing a shift in the patterns of credit card spending in Britain.

Data from Apacs, the UK payments association, reveals that credit card holders are cutting their spending and increasing the amount that they repay.

In addition, the number of people who pay off their credit card bills in full each month has increased from 56 per cent to 59 per cent over the last two years, potentially influencing a person's credit score.

Sandra Quinn, director of communications at Apacs, said: "Our figures show that UK credit card holders are reining in their spending and concentrating on repayments - a trend which has continued throughout this year."

She added that August statistics from the Bank of England show that for the first time, credit card repayments have overtaken spending.

If you are worried about credit card debt, the first thing to do is check your credit report. Find out where you stand financially.




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