US EditionAmericans' household debt hits new record high, according to report
Total U.S. household debt rose to $18.59 trillion in Q3 2025, with student loan delinquencies hitting nearly 10%, driven by pandemic payment pauses ending.
- Federal Reserve Bank of New York data released Wednesday shows Americans' household debt reached $18.59 trillion from July through September of this year, up $197 billion from the previous quarter.
- Reporting changes and resumed reporting have contributed to missed federal student loan payments from 2020 Q2–2024 Q4 now appearing on credit reports and overall debt rising by $4.4 trillion since the end of 2019.
- Credit card metrics show outstanding balances rose by $24 billion to $1.65 trillion in the third quarter, with the average credit card balance per consumer at $6,523 and about 60% of credit card users with revolving debt.
- Consumers are missing payments, with nearly 10% of student debt 90 days delinquent and 38% reporting difficulty paying bills, as 67% of those behind cite insufficient income, Achieve said Friday.
- More consumers now score at extremes, TransUnion found, with borrowers shifting toward superprime or subprime scores, reflecting a K-shaped economy reshaping credit risk.
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29 Articles
Household debt hits record $18.6 trillion as delinquencies remain elevated
(NewsNation) — Total household debt climbed to a record $18.6 trillion last quarter, and while most borrowers remain on track with payments, young Americans are feeling the pressure. During the third quarter, 3% of outstanding balances became seriously delinquent — 90 days or more past due — the largest quarterly increase since 2014, according to the Federal Reserve Bank of New York. Among those ages 18 to 29, the rate was about 5% — more than d…
American Household Debt at Record Levels, However Americans Continue to Spend
Household Income by Nick Youngson CC BY-SA 3.0 Pix4free.org Household debt continues to rise as Americans keep spending. Increases in the cost of living have outpaced salary growth, while elevated interest rates have added to the strain. The elimination of Biden-era benefits and loan forgiveness programs has also weighed heavily on many households that had grown accustomed to government relief and easy credit. Total U.S. household debt reached a…
NewsNation
Household debt hits record $18.6T as delinquencies remain elevated
(NewsNation) — Total household debt climbed to a record $18.6 trillion last quarter, and while most borrowers remain on track with payments, young Americans are feeling the pressure. During the third quarter, 3% of outstanding balances became seriously delinquent — 90 days or more past due — the largest quarterly increase since 2014, according to the Federal Reserve Bank of New York. Among those ages 18 to 29, the rate was about 5% — more than d…
New York Fed: U.S. household debt up modestly in 3rd quarter | Honolulu Star-Advertiser
Overall U.S. household debt levels increased modestly in the third quarter as borrowing in some form of trouble stabilized and student loan woes increased, the New York Federal Reserve said on Wednesday.
US Household Debt Reaches Fresh Record High of $18.59 Trillion: New York Fed - The Thinking Conservative News
Americans’ household debt levels, ranging from credit card balances to auto loans, reached a new record high last quarter. The post US Household Debt Reaches Fresh Record High of $18.59 Trillion: New York Fed appeared first on The Thinking Conservative News.
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