Graph and download economic data for Delinquency Rate on Credit Card Loans, All Commercial Banks (DRCCLACBS) from Q1 1991 to Q2 2025 about credit cards, delinquencies, commercial, loans, banks, depository institutions, rate, and USA.

Delinquency rates for credit cards picked up in 2025 in the United States, leading to the highest rates observed since 2008. This is according to a collection of one of the United States' federal banks across all commercial banks. The high delinquency rates were joined by the highest U.S. credit card charge-off rates since the Financial Crisis of 2008. Delinquency rates, or the share of credit card loans overdue a payment for more than ** days, can sometimes lead into charge-off, or a writing off the loan, after about six to 12 months. These figures on the share of credit card balances that are overdue developed significantly between 2021 and 2025: Delinquencies were at their lowest point in 2021 but increased to one of their highest points by 2025. This is reflected in the growing credit card debt in the United States, which reached an all-time high in 2023.

United States - Delinquency Rate on Credit Card Loans, All Commercial Banks was 3.05% in April of 2025, according to the United States Federal Reserve. Historically, United States - Delinquency Rate on Credit Card Loans, All Commercial Banks reached a record high of 6.77 in April of 2009 and a record low of 1.53 in July of 2021. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Delinquency Rate on Credit Card Loans, All Commercial Banks - last updated from the United States Federal Reserve on September of 2025.

View quarterly updates and historical trends for US Credit Card Accounts Delinquent by 90 or More Days. from United States. Source: Federal Reserve Bank o…

In the first quarter of 2025, roughly **** percent of all consumer loans at commercial banks in the United States were delinquent. The delinquency rate on this type of credit has been rising again since 2021. Loans are delinquent when the borrower does not pay their obligations on time. One of the reasons for the delinquency rate decreasing during the first years of the COVID-19 pandemic was that the personal saving rate in the U.S. soared during that period. What is the trend in consumer credit levels in the United States? Consumer credit refers to the various types of loans and credit extended to individuals for personal use, often to fund everyday purchases or larger expenses. When credit levels rise, it often signals that consumers are more confident in their ability to manage debt and make future payments. After a period of strong growth between 2021 and early 2023, consumer credit in the United States has been growing at a slower pace. By early 2024, consumer credit levels reached over **** trillion U.S. dollars. What is the main channel for acquiring consumer credit? In 2024, the leading type of consumer credit among consumers in the U.S. was credit card bills. Credit card usage in the North American country was substantial and credit card penetration was expected to reach over **** percent by 2029. Car loans ranked next as a common source of consumer credit, while other types of debt, such as medical bills, home equity lines of credit, and personal educational loans, had lower percentages.

United States Delinquency Rate: Consumer: Credit Cards data was reported at 2.540 % in Mar 2018. This records a decrease from the previous number of 2.560 % for Dec 2017. United States Delinquency Rate: Consumer: Credit Cards data is updated quarterly, averaging 4.200 % from Mar 1991 (Median) to Mar 2018, with 109 observations. The data reached an all-time high of 6.610 % in Mar 2009 and a record low of 2.010 % in Jun 2015. United States Delinquency Rate: 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.

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.

United States - Delinquency Rate on Credit Card Loans, Banks Not Among the 100 Largest in Size by Assets was 7.17% in January of 2025, according to the United States Federal Reserve. Historically, United States - Delinquency Rate on Credit Card Loans, Banks Not Among the 100 Largest in Size by Assets reached a record high of 7.84 in October of 2023 and a record low of 2.80 in October of 2015. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Delinquency Rate on Credit Card Loans, Banks Not Among the 100 Largest in Size by Assets - last updated from the United States Federal Reserve on July of 2025.

The percentage of Affirm's loans that are at least 30 days past due their original payment date increased in the first quarter of 2025. This was a decrease of *** percentage point for the U.S. BNPL company when compared to the same quarter in 2024, but still lower than previous peaks, such as in 2020. Nevertheless, these figures are lower than the aggregated credit card delinquency rate for the United States. Why this is the case, is not exactly clear. Industry analysts believe the lower amounts and shorter timeframe of BNPL payments may lower delinquency. Others argue that paying off such payments, first, may impact the ability to pay back larger transactions performed with a credit card.

Graph and download economic data for Charge-Off Rate on Credit Card Loans, All Commercial Banks (CORCCACBS) from Q1 1985 to Q2 2025 about charge-offs, credit cards, commercial, loans, banks, depository institutions, rate, and USA.

ZennyKenny/synthetic-credit-card-defaults dataset hosted on Hugging Face and contributed by the HF Datasets community

Synthetic Credit Card Default Dataset

  High-fidelity synthetic dataset for financial AI research, created with Syncora.ai






  ✅ What's in This Repo?

This repository includes:

✅ Synthetic Credit Card Default Dataset (CSV) → Download Here ✅ Jupyter Notebook for Analysis & Modeling → Open Notebook ✅ Instructions for generating your own synthetic data using Syncora API

  📘 About This Dataset

This dataset contains realistic, fully synthetic credit card… See the full description on the dataset page: https://huggingface.co/datasets/syncora/synthetic_credit_card_default.

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).

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Debt Settlement Market Size 2024-2028

The debt settlement market size is forecast to increase by USD 5.07 billion at a CAGR of 10.3% between 2023 and 2028.

The market is experiencing significant growth due to the increasing trend of consumers seeking relief from mounting credit card debts. One-time debt settlement has gained popularity as an effective solution for individuals looking to reduce their outstanding debt balances. However, the time-consuming nature of negotiations between debtors and creditors poses a challenge for market expansion. Despite this, the market's strategic landscape remains favorable for companies offering debt settlement services. Key drivers include the rising number of consumers struggling with debt, increasing awareness of debt settlement as a viable debt relief option, and the growing preference for affordable and flexible debt repayment plans.
Companies seeking to capitalize on market opportunities should focus on streamlining the negotiation process, leveraging technology to enhance customer experience, and building trust and transparency with clients. Effective operational planning and strategic partnerships with creditors can also help companies navigate the challenges of a competitive and complex market.

What will be the Size of the Debt Settlement Market during the forecast period?

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The market encompasses a range of companies offering financial wellness programs to help consumers manage and reduce their debt. These programs include medical Debt collection, consumer debt relief, and financial education resources. Online financial resources and debt management software are increasingly popular, providing consumers with affordable debt solutions and debt negotiation strategies. However, it's crucial for consumers to be aware of debt settlement scams and their settlement success rates. Debt consolidation loans and financial planning tools are also viable options for responsible debt management. Furthermore, financial literacy education and workshops are essential for consumers to understand debt reduction calculators and credit reporting errors.
Consumer financial protection agencies offer financial counseling services and financial planning advice to promote financial wellness strategies and responsible borrowing. Student loan forgiveness programs are also gaining traction in the market. Overall, the market for debt settlement and financial wellness solutions continues to evolve, with a focus on providing accessible and effective debt relief options for consumers.

How is this Debt Settlement Industry segmented?

The debt settlement industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD million' for the period 2024-2028, as well as historical data from 2018-2022 for the following segments.

Type

  Credit card debt
  Student loan debt
  Medical debt
  Auto loan debt
  Unsecured personal loan debt
  Others


End-user

  Individual
  Enterprise
  Government


Distribution Channel

  Online
  Offline
  Hybrid


Service Type

  Debt Settlement
  Debt Consolidation
  Debt Management Plans
  Credit Counseling


Provider Type

  For-profit Debt Settlement Companies
  Non-profit Credit Counseling Agencies
  Law Firms
  Financial Institutions


Geography

  North America

    US
    Canada


  Europe

    France
    Germany
    Italy
    UK


  Middle East and Africa



  APAC

    China
    India
    Japan
    South Korea


  South America



  Rest of World (ROW)

By Type Insights

The credit card debt segment is estimated to witness significant growth during the forecast period.

The market experiences significant activity due to the escalating credit card debt among consumers. In India, for instance, the rising financial hardships faced by borrowers are evident in the increasing credit card defaults. The latest data indicates that credit card defaults in India reached 1.8% in June 2024, a notable increase from 1.7% six months prior and 1.6% in March 2023. This trend underscores the mounting financial pressures on consumers. The outstanding credit card debt in India mirrors this trend, with approximately USD3.25 billion in outstanding balances as of June 2024, a slight increase from the previous year.

Debt elimination and negotiation strategies, such as debt relief programs and debt consolidation, have become increasingly popular among consumers seeking financial relief. Credit reporting agencies play a crucial role in this process, as they maintain and report consumers' credit histories to lenders. Student loan debt, medical debt, tax debt, and payday loans are other significant contributors to the market. Consumers often turn to debt validation, credit repair, and financial coaching for guidance in managing their debts. Online platforms, mobile apps, and budgeting tools have become

The global credit card market, valued at $1,404,430 million in 2025, is projected to experience robust growth, driven by the increasing adoption of digital payment methods, rising e-commerce transactions, and the expansion of financial inclusion initiatives globally. A compound annual growth rate (CAGR) of 4.5% from 2025 to 2033 indicates a significant market expansion. Key market segments include personal and corporate credit cards, catering to diverse user needs ranging from daily consumption and travel to entertainment and other expenditures. North America and Europe currently hold the largest market shares, fueled by established financial infrastructure and high consumer spending. However, emerging markets in Asia-Pacific and other regions are demonstrating substantial growth potential, driven by rapid economic development and increasing credit card penetration. The competitive landscape is dominated by major international banks and financial institutions such as JPMorgan Chase, Citibank, and American Express, alongside regional players who are adapting to evolving technological advancements. The market's growth is further influenced by factors such as evolving consumer preferences, government regulations, and the integration of fintech solutions. Strategic partnerships and innovations in areas such as rewards programs and mobile payment integration are key differentiators in this competitive landscape. The continued expansion of the credit card market hinges on effective risk management practices by financial institutions to mitigate potential defaults and fraud. The increasing adoption of sophisticated fraud detection technologies and robust credit scoring models are vital for sustainable growth. Furthermore, the market's trajectory is influenced by economic conditions, particularly interest rates and inflation, which directly impact consumer spending and borrowing behavior. Government policies and regulations related to consumer protection and data privacy are also influential factors. The evolving regulatory environment necessitates a proactive approach by financial institutions to comply with evolving standards and ensure responsible lending practices. Ultimately, the future of the credit card market hinges on a balance between fostering financial inclusion, managing risk, and leveraging technological advancements to improve user experience and security.