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U.S. Household Debt Soars to $18.59 Trillion Amid Rising Delinquency

11/6/2025

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Story summary
  • In Q3 2025, U.S. household debt rose by $197 billion to $18.59 trillion, per the Federal Reserve Bank of New York.
  • Delinquency rose to 4.5% of debt at least 30 days overdue, the highest since early 2020.
  • Student loan delinquency reached 14.4%, a record high.
  • Mortgage balances increased by $137 billion and credit card balances by $24 billion.
  • Mortgage delinquency rates remained relatively low, reflecting a resilient housing market.