FICO is starting to see a worrying trend in Russia, a country that has generally had very good credit performance over the last couple of years.  According to the FICO Credit Health Index prepared by FICO and the National Bureau of Credit Histories (NBKI), Russia’s leading credit bureau, Russian borrowers’ credit repayments fell in the third quarter for the second time this year.

While the drop was only small, it put the index at its lowest point since October 2010, 111 points. This index measures the overall credit health of the country, based on the percentage of consumer loans and credit cards reported to NBKI that are delinquent by more than 60 days.

Source:  FICO