PRNewsWire
28 May 2026, 11:45 UTC · 2h ago
U.S. Consumer Debt Hits $18.19 Trillion in Q1 2026
Source · https://www.prnewswire.com/news-releases/us-consumer-debt-hits-18-19-trillion-in-q1-2026--302783707.html
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PRNewsWire
28 May 2026, 11:45 UTC · 2h ago
Source · https://www.prnewswire.com/news-releases/us-consumer-debt-hits-18-19-trillion-in-q1-2026--302783707.html
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U.S. consumer debt reached an all-time high of $18.19 trillion in March 2026. — Record high debt levels increase systemic vulnerability to economic shocks and potential consumer defaults.
-0.60Subprime bankcard originations surged by 18.6% year-over-year with credit limits for this group increasing by 37.6%. — Rapid expansion of high-risk credit suggests borrowers are using debt for basic living expenses, signaling fragility in the lower economic tier.
-0.50Student loan delinquency rates hit 17.01% in March, marking the fourth consecutive monthly increase. — Rising defaults in this sector may eventually spill over and stress other credit categories like auto or mortgage payments.
-0.40Bankcard and auto loan write-off rates are rising despite improving 60+ day delinquency rates. — Higher write-offs indicate realized losses for lenders, though the divergent trend with delinquencies suggests a lagging correction.
Most consumer credit indicators showed improving 60+ day delinquency rates month-over-month. — Improving delinquencies provide a small signal of short-term consumer resilience outside of student loans.
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