Equifax: US consumer debt hits record USD 18.19 trillion in Q1 2026

Equifax Inc.

Equifax Inc.

EFX

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  • Equifax Market Pulse showed total U.S. consumer debt at USD 18.19 trillion in March 2026, matching February, up 2.8% year over year.
  • Bankcard balances rose 3.9% year over year to USD 1.09 trillion, driven by subprime growth; new bankcard accounts rose 8.1%.
  • Subprime bankcard originations jumped 18.6%; credit limits for that cohort climbed 37.6%, pointing to heavier reliance on revolving credit.
  • Student loan 90+ day delinquency rate increased to 17.01% in March; balances fell to USD 1.3 trillion, down 0.9% year over year.
  • Most 60+ day delinquency rates improved, but bankcard and auto write-off rates rose, signaling loss recognition on older problem accounts.


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 via PR Newswire (Ref. ID: 202605280745PR_NEWS_USPR_____CL69509) on May 28, 2026, and is solely responsible for the information contained therein.

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