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U.S. Household Debt Surges to $18.39T in Q2 2025

U.S. Household Debt Surges to $18.39T in Q2 2025

Published 8 months, 4 weeks ago
Description

Americans now owe a record $18.39 trillion in household debt, according to a WalletHub report and New York Fed data. Mortgage balances climbed by $20 billion to $12.94 trillion, while credit card debt hit $1.21 trillion. Student loans declined slightly to $1.64 trillion, and auto loans showed mixed trends across sources. For many families, this means mounting stress and fewer financial options.

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