US Consumer Loan Delinquencies Hold at 4.8% in Q1, Matching Highest Level Since 2017
Updated
Updated · Bloomberg · May 12
US Consumer Loan Delinquencies Hold at 4.8% in Q1, Matching Highest Level Since 2017
2 articles · Updated · Bloomberg · May 12
4.8% of US consumer loan balances were at least 30 days delinquent in Q1 2026, unchanged from the prior quarter after six straight quarterly increases.
New delinquencies edged down, helping keep the overall rate flat even as student loan defaults rose.
The New York Fed said the unchanged reading still matched the highest overall consumer delinquency rate recorded since 2017.
Subprime auto and student loan defaults are surging to record highs. Are these the first signs of a wider consumer credit collapse?
Millions face default as a student loan safety net ends. Can the government's new repayment plan prevent a full-blown crisis?
A 'K-shaped' recovery is splitting the economy. Which Americans now face a historic and deepening personal debt crisis?