Equifax Inc. reported that total U.S. consumer debt reached $18.20 trillion as of December 2025, marking a 3.7% increase from December 2024. Mortgage debt, including home equity loans, accounted for $13.46 trillion, representing 74.0% of total consumer debt. Non-mortgage consumer debt totaled $4.74 trillion, with 35.5% attributed to auto loans and leases and 28.0% to student loans. Outstanding balances on auto loans and leases rose by 1.0% year-over-year to $1.685 trillion, while the number of outstanding accounts declined by 0.8% to 86.8 million. The severe balance delinquency rate for auto loans and leases was 1.61%, up three basis points from the previous year. Bankcard balances increased 4.1% from December 2024 to $1.12 trillion, with the number of outstanding accounts up 4.4% to 591.6 million. The severe balance delinquency rate for bankcards decreased to 3.03% from 3.16% in the prior year. Average bankcard utilization was 21.2% in December 2025, down from 21.7% a year earlier.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Equifax Inc. published the original content used to generate this news brief on February 06, 2026, and is solely responsible for the information contained therein.