The G.19 Statistical Release, Consumer Credit, reports outstanding credit extended to individuals for household, family, and other personal expenditures, excluding loans secured by real estate. Total consumer credit comprises two major types: revolving and nonrevolving. Revolving credit plans may be unsecured or secured by collateral and allow a consumer to borrow up to a prearranged limit and repay the debt in one or more installments. Credit card loans comprise most of revolving consumer credit measured in the G.19, but other types, such as prearranged overdraft plans, are also included. Nonrevolving credit is closed-end credit extended to consumers that is repaid on a prearranged repayment schedule and may be secured or unsecured. To borrow additional funds, the consumer must enter into an additional contract with the lender. Consumer motor vehicle and education loans comprise the majority of nonrevolving credit, but other loan types, such as boat loans, recreational vehicle loans, and personal loans, are also included. This statistical release is designated by OMB as a Principal Federal Economic Indicator (PFEI).

Consumer Credit in the United States increased to 7.37 USD Billion in June from 5.13 USD Billion in May of 2025. This dataset provides the latest reported value for - United States Consumer Credit Change - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Credit card debt in the United States has been growing at a fast pace between 2021 and 2025. In the fourth quarter of 2024, the overall amount of credit card debt reached its highest value throughout the timeline considered here. COVID-19 had a big impact on the indebtedness of Americans, as credit card debt decreased from *** billion U.S. dollars in the last quarter of 2019 to *** billion U.S. dollars in the first quarter of 2021. What portion of Americans use credit cards? A substantial portion of Americans had at least one credit card in 2025. That year, the penetration rate of credit cards in the United States was ** percent. This number increased by nearly seven percentage points since 2014. The primary factors behind the high utilization of credit cards in the United States are a prevalent culture of convenience, a wide range of reward schemes, and consumer preferences for postponed payments. Which companies dominate the credit card issuing market? In 2024, the leading credit card issuers in the U.S. by volume were JPMorgan Chase & Co. and American Express. Both firms recorded transactions worth over one trillion U.S. dollars that year. Citi and Capital One were the next banks in that ranking, with the transactions made with their credit cards amounting to over half a trillion U.S. dollars that year. Those industry giants, along with other prominent brand names in the industry such as Bank of America, Synchrony Financial, Wells Fargo, and others, dominate the credit card market. Due to their extensive customer base, appealing rewards, and competitive offerings, they have gained a significant market share, making them the preferred choice for consumers.

Graph and download economic data for Share of Consumer Credit Held by the Top 0.1% (99.9th to 100th Wealth Percentiles) (WFRBSTP1283) from Q3 1989 to Q1 2025 about wealth, consumer credit, percentile, loans, consumer, and USA.

United States Delinquency Rate: 100 Largest Banks: Consumer: Credit Cards data was reported at 2.480 % in Mar 2018. This records a decrease from the previous number of 2.510 % for Dec 2017. United States Delinquency Rate: 100 Largest Banks: Consumer: Credit Cards data is updated quarterly, averaging 4.220 % from Mar 1991 (Median) to Mar 2018, with 109 observations. The data reached an all-time high of 6.710 % in Mar 2009 and a record low of 1.950 % in Jun 2015. United States Delinquency Rate: 100 Largest Banks: Consumer: Credit Cards data remains active status in CEIC and is reported by Federal Reserve Board. The data is categorized under Global Database’s USA – Table US.KA010: Commercial Banks: Charge Off and Delinquency Rates.

Graph and download economic data for Asset Quality Measures, Delinquencies on All Loans and Leases, To Consumers, Credit Cards, Banks Not Among the 100 Largest in Size by Assets (DALLCCOBEP) from Q1 1991 to Q1 2025 about consumer credit, delinquencies, leases, assets, loans, consumer, banks, depository institutions, and USA.

Consumers in the United States had over **** trillion dollars in debt as of the first quarter of 2025. The majority of that debt were home mortgages, amounting to approximately **** trillion U.S. dollars. Student and car loans were the second and third largest component of household debt. Why is consumer debt important? Debt influences the Consumer Sentiment Index, which is an important indicator assessing the state of the U.S. economy. The U.S. housing market is also seen a bellwether of the economic conditions in the country. The housing industry employs a large number of people, and mortgages are large investments that consumers will pay off over the course of years, sometimes decades. Because of this, financial analysts closely watch consumer debt and its effects on the demand for housing. Attitudes towards debt Consumer perception of debt differed, depending on the kind of debt in question. While most saw a home mortgage as a positive investment, they increasingly looked at student loan debt as a negative debt. With education costs increasing, people are incurring more student loan debt in the United States. Credit card debt also had negative connotations.

Consumer Credit in Russia increased to 34823693 RUB Million in June from 34801329 RUB Million in May of 2025. This dataset provides the latest reported value for - Russia Consumer Credit - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Consumer Credit Market Outlook

The global consumer credit market size is projected to grow significantly from USD 12 trillion in 2023 to USD 18.85 trillion by 2032, with a compound annual growth rate (CAGR) of 5.2% during the forecast period. The primary growth drivers include increasing consumer spending, rising disposable income, and the expansion of financial services into emerging markets. Consumer credit has become an integral part of modern economies, enabling individuals and businesses to manage cash flow, finance large purchases, and invest in the future.

A key factor propelling the growth of the consumer credit market is the increasing confidence in financial institutions and credit mechanisms globally. As financial literacy improves, more people understand the benefits and risks associated with various forms of credit, leading to higher adoption rates. Additionally, technological advancements have streamlined credit approval processes, making them more efficient and accessible. Digital platforms allow for quicker credit evaluations and disbursements, which further accelerates market growth by providing consumers with timely access to funds.

Another significant growth factor is the burgeoning e-commerce sector, which has driven the demand for consumer credit. The convenience of online shopping has led to increased use of credit cards and other digital credit facilities. Retailers often partner with financial institutions to offer attractive financing options, driving consumer credit usage. Moreover, the rise of buy now, pay later (BNPL) services has revolutionized consumer purchasing behavior by providing flexible payment options, thereby boosting the overall demand for consumer credit.

Additionally, demographic changes such as urbanization and a growing middle class in emerging economies are contributing to market expansion. A younger population inclined towards borrowing for various needs, from education to home ownership, is driving the demand for consumer credit. Financial institutions are tapping into this demographic by offering tailored credit products, which leads to higher market penetration. Furthermore, favorable government policies and regulatory frameworks that encourage responsible borrowing and lending practices are creating a conducive environment for market growth.

The rise of Internet Consumer Loan platforms has further revolutionized the consumer credit landscape. These platforms offer borrowers the convenience of applying for loans online, often with faster approval times and competitive interest rates. By leveraging advanced algorithms and data analytics, Internet Consumer Loan providers can assess creditworthiness more efficiently, making credit accessible to a wider audience. This digital transformation aligns with the increasing consumer preference for online financial services, driven by the growing penetration of smartphones and internet connectivity. As more consumers turn to these platforms for their borrowing needs, traditional financial institutions are also adapting by enhancing their online offerings to remain competitive in this evolving market.

Regionally, North America and Europe continue to dominate the consumer credit market, owing to well-established financial infrastructures and high consumer awareness. However, the Asia Pacific region is emerging as a lucrative market due to rapid economic growth, increased consumer spending, and the proliferation of digital finance solutions. Latin America and the Middle East & Africa also present significant growth opportunities as financial inclusion initiatives gain momentum and credit products become more accessible to a broader population.

Type Analysis

The consumer credit market can be segmented by type into revolving credit and non-revolving credit. Revolving credit, which includes credit cards and lines of credit, allows consumers to borrow up to a certain limit and repay either in full or through minimum monthly payments. This type of credit is highly flexible and convenient for consumers, leading to its widespread adoption. The integration of rewards programs and cashback offers by credit card companies further incentivizes usage, thereby boosting the revolving credit segment.

Non-revolving credit, on the other hand, includes loans that are disbursed in a lump sum and repaid over a fixed term, such as auto loans, student loans, and mortgages. This segment is characterized by lower interest rates compared to

United States - Share of Consumer Credit Held by the Top 1% (99th to 100th Wealth Percentiles) was 3.20000 % of Aggregate in January of 2025, according to the United States Federal Reserve. Historically, United States - Share of Consumer Credit Held by the Top 1% (99th to 100th Wealth Percentiles) reached a record high of 3.30000 in July of 1989 and a record low of 1.10000 in April of 1994. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Share of Consumer Credit Held by the Top 1% (99th to 100th Wealth Percentiles) - last updated from the United States Federal Reserve on July of 2025.

The outstanding consumer credit in the United States was approximately 103 billion U.S. dollars higher in the first quarter of 2024 than a year earlier. That quarter, the outstanding consumer credit amounted to nearly 5.05 trillion U.S. dollars. Consumer credit refers to unsecured lending provided to individuals, usually with the purpose of covering small expenses, such as buying goods and services.

Findomestic, which belongs to BNP Paribas, was the leading provider of consumer loans in Italy in 2023. Agos Ducato and Compass Banca were the next banks in the ranking with outstanding consumer credit valued at over ** billion euros. Those three financial corporations along with Intesa/Prestitalia and UniCredit provided most of the consumer credit in the Mediterranean country that year.

Graph and download economic data for Consumer Loans: Credit Cards and Other Revolving Plans, All Commercial Banks (CCLACBW027SBOG) from 2000-06-28 to 2025-08-27 about revolving, credit cards, loans, consumer, banks, depository institutions, and USA.

United States Consumer Credit Outstanding: Federal Government data was reported at 1,227.957 USD bn in Sep 2018. This records an increase from the previous number of 1,215.897 USD bn for Aug 2018. United States Consumer Credit Outstanding: Federal Government data is updated monthly, averaging 56.806 USD bn from Jan 1977 (Median) to Sep 2018, with 501 observations. The data reached an all-time high of 1,227.957 USD bn in Sep 2018 and a record low of 0.141 USD bn in Jan 1977. United States Consumer Credit Outstanding: Federal Government data remains active status in CEIC and is reported by Federal Reserve Board. The data is categorized under Global Database’s USA – Table US.KB003: Consumer Credit Outstanding and Terms of Credit. On June 7, 2012, the Consumer Credit (G.19) series has been restructured to reflect regulatory filing changes for U.S.-chartered depository intitutions. These changes will be accompanied by the revisions to the estimates of outstanding consumer credit back to January 2006. Consumer loans held by the federal government include loans originated by the Department of Education under the Federal Direct Loan Program, as well as Federal Family Education Loan Program loans that the government purchased from depository institutions and finance companies.

As of late October 2024, most of the outstanding consumer lending in the United Kingdom (UK) were overdrafts, as well as loans and advances other than credit cards. Consumer credit peaked in February 2020, but dropped sharply two months later before slowly starting to recover again. The category other, which includes overdrafts and other loans and advances made up most of the outstanding credit. Meanwhile, credit cards amounted to approximately a third of the outstanding consumer loans. Nevertheless, credit cards made up most of the new monthly consumer lending in the UK. A likely reason for this discrepancy is that credit card debt tends to be paid in a shorter term than other types of credit.

United States Charge Off Rate: sa: 100 Largest Banks: Consumer: Credit Cards data was reported at 3.650 % in Mar 2018. This records an increase from the previous number of 3.510 % for Dec 2017. United States Charge Off Rate: sa: 100 Largest Banks: Consumer: Credit Cards data is updated quarterly, averaging 4.050 % from Mar 1985 (Median) to Mar 2018, with 133 observations. The data reached an all-time high of 10.640 % in Dec 2009 and a record low of 1.990 % in Mar 1985. United States Charge Off Rate: sa: 100 Largest Banks: Consumer: Credit Cards data remains active status in CEIC and is reported by Federal Reserve Board. The data is categorized under Global Database’s USA – Table US.KA010: Commercial Banks: Charge Off and Delinquency Rates.

Consumer credit, billion currency units in Argentina, June, 2025 The most recent value is 42215.63 billion Argentine Peso as of June 2025, an increase compared to the previous value of 39113.44 billion Argentine Peso. Historically, the average for Argentina from January 2000 to June 2025 is 1976.7 billion Argentine Peso. The minimum of 7.43 billion Argentine Peso was recorded in May 2003, while the maximum of 42215.63 billion Argentine Peso was reached in June 2025. | TheGlobalEconomy.com

United States - Consumer Credit Held by the Top 1% (99th to 100th Wealth Percentiles) was 159208.00000 Mil. of $ in January of 2025, according to the United States Federal Reserve. Historically, United States - Consumer Credit Held by the Top 1% (99th to 100th Wealth Percentiles) reached a record high of 163711.00000 in July of 2024 and a record low of 10648.00000 in January of 1994. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Consumer Credit Held by the Top 1% (99th to 100th Wealth Percentiles) - last updated from the United States Federal Reserve on August of 2025.

Consumer credit, billion currency units in Taiwan, March, 2025 The most recent value is 9208.15 billion Taiwanese New Dollar as of March 2025, an increase compared to the previous value of 9127.71 billion Taiwanese New Dollar. Historically, the average for Taiwan from January 1997 to March 2025 is 3920.8 billion Taiwanese New Dollar. The minimum of 1375.06 billion Taiwanese New Dollar was recorded in February 1997, while the maximum of 9208.15 billion Taiwanese New Dollar was reached in March 2025. | TheGlobalEconomy.com

Consumer Credit in Croatia increased to 26423.20 EUR Million in July from 26096.90 EUR Million in June of 2025. This dataset provides the latest reported value for - Croatia Consumer Credit - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.