Equifax Inc. has released its October 2025 U.S. National Consumer Credit Trends Report. As of October 2025, total U.S. consumer debt reached $18.09 trillion, reflecting a 2.9% increase from October 2024. Mortgage debt, including home equity loans, accounted for $13.38 trillion, representing 74% of total consumer debt. Non-mortgage consumer debt totaled $4.71 trillion, with 35.8% attributed to auto loans and leases, and 28.7% to student loans. Outstanding balances on auto loans and leases rose 1.3% year-over-year to $1.685 trillion, while the number of outstanding auto loan accounts decreased by 0.3% to 87.0 million. The severe balance delinquency rate (60+ days past due) for auto loans and leases was 1.55%, down one basis point from the previous year. Bankcard balances increased 3.7% from October 2024, reaching $1.08 trillion. The number of outstanding bankcard accounts grew 4.2% to 587.7 million. The severe balance delinquency rate for bankcards decreased to 2.91% from 3.09% in October 2024. Average bankcard utilization for October 2025 was 20.7%, compared to 21.2% a year earlier.