Graph and download economic data for Delinquency Rate on Credit Card Loans, All Commercial Banks (DRCCLACBS) from Q1 1991 to Q1 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 60 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: 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.

United States - Delinquency Rate on Credit Card Loans, All Commercial Banks was 3.05% in January 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 July of 2025.

Credit card delinquency reached its highest level since 2019 in the first quarter of 2024, whereas mortgage delinquency declined to its lowest level. This is according to consumer data supplied by large banks that have to report such figures when handling over 100 billion U.S. dollars worth of assets. 3.56 percent of credit card balances were 30 days late - the highest percentage since tracking began in 2012. First-lien mortgage origination remained historically low, likely due to high interest rates and housing prices. Note the graphic shown here is different from another source on credit card delinquency rates in the U.S., as those figures are aggregates.

United States - Delinquency Rate on Credit Card Loans, Banks Not Among the 100 Largest in Size by Assets was 7.37% in October of 2024, 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 8.16 in October of 2023 and a record low of 2.88 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.

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.

United Kingdom Credit Cond: UL: L3: HH: Default Rate: Credit Card Loan data was reported at -11.200 % Point in Sep 2018. This records a decrease from the previous number of 21.100 % Point for Jun 2018. United Kingdom Credit Cond: UL: L3: HH: Default Rate: Credit Card Loan data is updated quarterly, averaging -10.300 % Point from Jun 2007 (Median) to Sep 2018, with 46 observations. The data reached an all-time high of 61.000 % Point in Mar 2009 and a record low of -43.800 % Point in Mar 2012. United Kingdom Credit Cond: UL: L3: HH: Default Rate: Credit Card Loan data remains active status in CEIC and is reported by Bank of England. The data is categorized under Global Database’s United Kingdom – Table UK.KB018: Credit Conditions Survey: Unsecured Lending: Last 3 Months.

United States Delinquency Rate: Other Banks: Consumer: Credit Cards data was reported at 5.900 % in Mar 2018. This records an increase from the previous number of 5.770 % for Dec 2017. United States Delinquency Rate: Other Banks: Consumer: Credit Cards data is updated quarterly, averaging 4.260 % from Mar 1991 (Median) to Mar 2018, with 109 observations. The data reached an all-time high of 6.640 % in Dec 2003 and a record low of 2.880 % in Dec 2015. United States Delinquency Rate: Other 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.

Credit card charge-off rates reached their highest level in over 14 years by Q2 2024, as borrowers struggled to keep up with debts. This is according to figures gathered by the Federal Reserve from U.S. chartered commercial banks. Credit card became an increasingly more common way to pay after the coronavirus pandemic, as is shown in the distribution of different types of loans in the United States. U.S. consumers had built up their cash reserves, making them eligible to get a credit card. The high charge-off rates were joined by the highest U.S. credit card delinquency rates since the Financial Crisis of 2008.

United States - Delinquency Rate on Credit Card Loans, Banks Ranked 1st to 100th Largest in Size by Assets was 2.93% in January of 2025, according to the United States Federal Reserve. Historically, United States - Delinquency Rate on Credit Card Loans, Banks Ranked 1st to 100th Largest in Size by Assets reached a record high of 6.87 in April of 2009 and a record low of 1.44 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, Banks Ranked 1st to 100th Largest in Size by Assets - last updated from the United States Federal Reserve on June of 2025.

The 100 largest banks are measured by consolidated foreign and domestic assets.

United States Delinquency Rate: sa: Consumer: Credit Cards data was reported at 2.490 % in Sep 2018. This records an increase from the previous number of 2.480 % for Jun 2018. United States Delinquency Rate: sa: Consumer: Credit Cards data is updated quarterly, averaging 4.150 % from Mar 1991 (Median) to Sep 2018, with 111 observations. The data reached an all-time high of 6.770 % in Jun 2009 and a record low of 2.120 % in Jun 2015. United States Delinquency Rate: sa: Consumer: Credit Cards data remains active status in CEIC and is reported by Federal Reserve Board. The data is categorized under Global Database’s United States – Table US.KB002: Commercial Banks: Charge Off and Delinquency Rates.

Charge Off Rate: Other Banks: Consumer: Credit Cards data was reported at 7.380 % in Sep 2018. This records a decrease from the previous number of 7.660 % for Jun 2018. Charge Off Rate: Other Banks: Consumer: Credit Cards data is updated quarterly, averaging 4.230 % from Mar 1985 (Median) to Sep 2018, with 135 observations. The data reached an all-time high of 10.200 % in Jun 2003 and a record low of 1.760 % in Mar 1985. Charge Off Rate: Other 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 United States – Table US.KB002: Commercial Banks: Charge Off and Delinquency Rates.

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.

Credit Card Collection Service Market Outlook

The global Credit Card Collection Service market size was valued at $XX billion in 2023 and is projected to reach $XX billion by 2032, growing at a CAGR of XX%. The increasing reliance on credit cards for financial transactions coupled with rising consumer debt levels is driving the growth of this market. As more individuals and businesses use credit cards, the demand for efficient collection services to manage overdue payments has surged. This trend indicates a robust growth trajectory for the market over the forecast period.

One of the primary growth factors of the credit card collection service market is the increasing adoption of credit cards across the globe. With the rise in e-commerce and digital payment systems, credit card usage has become more prevalent, leading to an increase in outstanding debts. Consequently, the need for effective collection services to recover overdue payments has become crucial. Moreover, technological advancements in collection methods, such as automated calling systems and AI-based debt tracking solutions, have made the process more efficient, further propelling the market growth.

Another significant driver is the stringent regulatory environment governing debt collection practices. Governments and regulatory bodies worldwide are enforcing stricter guidelines to ensure fair debt collection practices, protecting consumers from aggressive collection tactics. This has led collection agencies to adopt more compliant and customer-centric approaches, enhancing their credibility and effectiveness. As a result, companies are increasingly outsourcing their collection tasks to specialized agencies, fueling the market's expansion.

The economic landscape also plays a vital role in the growth of the credit card collection service market. Economic downturns and financial crises often lead to higher default rates on credit card payments, necessitating the services of collection agencies. Additionally, as economies recover, the focus shifts towards clearing outstanding debts, further boosting the demand for collection services. Therefore, economic cycles directly impact the market, with both downturns and recoveries creating opportunities for growth.

Regionally, North America holds a significant share of the credit card collection service market due to the high penetration of credit card usage and the presence of well-established collection agencies. The Asia Pacific region is expected to witness the highest growth rate, driven by the increasing adoption of credit cards in emerging economies and the growing middle-class population. Europe also presents substantial growth opportunities, supported by stringent regulatory frameworks and advanced technological adoption in debt collection practices.

First-Party Collection Analysis

First-party collection services refer to the debt collection activities performed by the original creditor or its internal collection department. These services are typically initiated early in the delinquency cycle to recover overdue payments before they are outsourced to third-party agencies. The primary advantage of first-party collections is the maintenance of customer relationships and brand integrity, as the collection efforts are perceived as an extension of the creditor’s customer service. This approach is particularly beneficial for businesses aiming to retain their customers while managing delinquencies effectively.

In recent years, the demand for first-party collection services has been on the rise, driven by the increasing emphasis on customer retention and the growing trend of in-house debt management. Companies are investing in advanced collection software and training programs to equip their internal teams with the skills and tools necessary for efficient debt recovery. This shift towards internal management not only reduces collection costs but also allows businesses to have greater control over the collection process and customer interactions.

Technological advancements have played a significant role in enhancing the efficiency of first-party collection services. The integration of AI and machine learning algorithms in collection systems has enabled predictive analytics, helping businesses identify high-risk accounts and prioritize collection efforts accordingly. Automated communication tools, such as chatbots and interactive voice response (IVR) systems, have also streamlined the collection process, making it more cost-effective and less intrusive for customers.

However,

The 100 largest banks are measured by consolidated foreign and domestic assets.

In March 2024, the credit card consumer default index (CDI) in South Africa was measured at 7.63 points. This represented a relative deterioration rate of around five percent from the previous year. In the period under review, the most notable improvement was recorded in March 2022 at 6.44 points, with a relative improvement rate of almost 23 percent.

United States Charge Off Rate: sa: Other Banks: Consumer: Credit Cards data was reported at 7.570 % in Mar 2018. This records an increase from the previous number of 7.500 % for Dec 2017. United States Charge Off Rate: sa: Other Banks: Consumer: Credit Cards data is updated quarterly, averaging 4.170 % from Mar 1985 (Median) to Mar 2018, with 133 observations. The data reached an all-time high of 9.790 % in Jun 2003 and a record low of 1.840 % in Mar 1985. United States Charge Off Rate: sa: Other 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 Large Bank Consumer Credit Card Balances: 30 or More Days Past Due Rates: Balances Based (RCCCBBALDPD30P) from Q3 2012 to Q4 2024 about 30 days +, FR Y-14M, consumer credit, credit cards, large, balance, loans, consumer, banks, depository institutions, rate, and USA.