US consumer debt delinquencies have climbed to their highest level since 2017, as office loan delinquencies reach an all-time peak

US Household Debt Hits Record Levels in Late 2025

According to the Federal Reserve's most recent Household Debt and Credit report for the fourth quarter of 2025, total household debt climbed by $191 billion compared to the previous quarter—a 1% increase—reaching a historic peak. The overall debt now stands at $18.8 trillion, marking a $4.6 trillion jump since the close of 2019, prior to the onset of the pandemic-driven recession.

Key Debt Trends in Q4 2025

• Mortgage debt, as reflected on consumer credit reports, rose by $98 billion during the final quarter of 2025, bringing the total to $13.17 trillion by the end of December.