With the dust settling on an exciting summer of international football, August marks the start of the next football season across the UK, leaving little break for fans who want to go and experience the fun in person.

This season, credit reference agency Equifax UK is encouraging fans to keep a watch on their credit score – as closely as the football scores – to avoid financial overstretch and added debt. This comes as Equifax data reveals outstanding UK credit card debt has reached £80.9 billion, 17.7% above pre-pandemic levels1, indicating ongoing pressures on household finances.

From season tickets and away day travel to matchday snacks and streaming subscriptions, the cost of supporting a team can add up fast. Without careful planning these expenses can accumulate, putting a dent in consumer budgets and potentially impacting their credit profiles long-term.

Craig Tebbutt, Financial Health Expert, Equifax UK said: “With UK football clubs shifting from Profitability and Sustainability Rules (PSR) to the new Squad Cost Ratio (SCR) system, clubs are keeping a much closer eye on their finances – and fans can benefit from doing the same. Millions are eagerly anticipating the return of the UK football season, but affordability challenges are making it harder to show up for your team, whether at home or in the stadium. However, with a little extra planning and vigilance, fans can keep their own finances on a clean sheet and enjoy the season without overspending. That’s why we’re encouraging supporters to check their credit score just as closely as their team’s scores this season”.

Top tips for consumers from Equifax UK to tackle matchday overspending:

1. Think smart, spend less: Look at ways to cut costs without cutting the fun. Whether that’s prepacking lunch to eat on the journey, booking train tickets in advance or carpooling with fellow fans, little savings can add up and help  avoid unnecessary borrowing.
2. Make smarter credit choices: When utilised responsibly, credit can be beneficial, helping to build a financial history which can help unlock better loan terms in future. However, it’s important to understand what you’re signing up for, including your repayment schedule and interest rates, and whether you can afford to pay back the credit you are using on time.
3. Keep an eye on your score: Knowing your credit score and what affects it is a great way to keep an eye on your finances at a glance. Consumers can access their Equifax Basic credit score for free each month, now accessible on-the-go via the myEquifax app, available to download on the App Store and Google Play.
4. Don’t ignore repayments: Missing even one repayment can damage your credit score and may lead to late fees with the lender. If you do use credit, set up reminders or better-still direct debits to stay on top of what you owe and help keep your credit score healthy.