Total household debt increased $185 billion (+1.0% QoQ, +$592B YoY) to $18.39 trillion in Q2 2025, driven by gains in mortgage, credit card, and auto balances.

• Mortgage debt rose $131B QoQ (+$416B YoY) to $12.94T, while mortgage delinquency ticked up to 1.29% from 0.95% YoY.
• Credit card balances rose $27B QoQ (+$67B YoY) to $1.21T; delinquency declined slightly to 6.93% from 7.18% YoY.
• Auto loan debt rose $13B QoQ (+$29B YoY) to $1.66T; serious delinquency held steady at 2.93%.
• Student loan balances rose $7B QoQ (+$53B YoY) to $1.64T; delinquency spiked to 12.88% from 0.80% YoY due to resumed reporting.

• The share of all household debt in serious delinquency (90+ days) rose to 2.91% in Q2 2025, up from 1.59% a year earlier.