Economics ❯ Consumer Behavior

Debt Trends

Financial Risk Credit Card Usage Delinquency Rates Household Debt Financial Stability Credit Utilization Financial Institutions Credit Access Statistical Analysis Older Adults Financing Options Financial Distress Financial Literacy National Statistics Credit Systems Renegotiation Growth Financial Support Services Inadimplência Statistics Financial Products Demographics Economic Impact Payment Delays Interest Rates Financial Services Inflation Impact Financial Hardship Income Distribution Housing Affordability Debt Balances Regional Analysis Historical Analysis Credit Usage Household Spending Auto Loans Credit Reporting

New York Fed: Credit Card and Auto Debt Rise as Total Household Debt Edges Down

The Q2 report signals aggregate resilience while near‑record revolving balances, heavy home‑equity borrowing and reporting quirks hide concentrated household strain.

Average Credit Card Balance Hits $6,500 as Utilization Surges Past 30%

U.S. Credit Card Debt Climbs to $1.32 Trillion in Q2, Led by Increases in California, Texas and Florida