Consumer Credit · outstanding, and the rates banks charge
How much consumer credit do Americans owe?
US consumer credit outstanding was $5.20 trillion at the end of August 2026; the rate on credit card plans was 22.36% in August 2026 (published by the Federal Reserve Board on ).
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Consumer credit outstanding at the end of each month, seasonally adjusted
The lines
- Total$5.20T
- Revolving$1.35T
Consumer credit outstanding, change from a year earlier, each month (ours)
Interest rates at commercial banks on credit cards and consumer loans, each quarter
The lines
- Credit cards, accounts assessed interest22.36%
- New car loan, 60 months7.54%
- Personal loan, 24 months11.90%
Student loans and motor vehicle loans outstanding at the end of each quarter, not seasonally adjusted
The lines
- Student loans$1.86T
- Motor vehicle loans$1.57T
Each point is one month's end as the Board publishes it, a change worked out from those months (ours), or, for the rates and the student and car loans, a quarter's figure as published. Pointing at the chart shows the date and the value.
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Inspect and compare dates
The latest month beside the one before it and the nearest ones a year, five and ten years earlier. The months of the last ten years and every year since 1943 are in the tables under "The numbers behind the chart".
| Measure | Latest | The month before | A year earlier | Five years earlier | Ten years earlier |
|---|---|---|---|---|---|
| Month | |||||
| Total, $ billions | 5,196.8 | 5,188.5 | 5,058.6 | 4,423.4 | 3,565.3 |
| Revolving, $ billions | 1,352.4 | 1,357.2 | 1,308.3 | 994.0 | 945.5 |
| Nonrevolving, $ billions | 3,844.4 | 3,831.3 | 3,750.3 | 3,429.4 | 2,619.9 |
| Growth, annual rate | 1.92% | 4.12% | 0.64% | 4.77% | 7.15% |
The table scrolls sideways; the first column stays in place.
Source: Federal Reserve Board, G.19 Consumer Credit. Observed .
Right now
Consumer credit outstanding was $5.20 trillion at the end of August 2026, seasonally adjusted, 2.7% more than a year earlier.
Over August 2026 it rose by $8.28 billion, an annual rate of +1.9%. Revolving credit, mostly credit card balances, was $1.35 trillion; nonrevolving credit, such as car and student loans, $3.84 trillion.
Interest ratesCommercial banks, August 2026
Credit card accounts assessed interest paid 22.36% (21.19% over all accounts). A new car loan over 60 months cost 7.54%, a personal loan over 24 months 11.90%.
Student and car loansEnd of June 2026, not seasonally adjusted
Student loans outstanding were $1.86 trillion; motor vehicle loans $1.57 trillion.
Understanding consumer credit
Where it stands today
Consumer credit was $5.20 trillion at the end of August 2026.
What does consumer credit include?
Consumer credit is the credit extended to households for goods and services, outside loans secured by real estate such as mortgages and home equity lines. The Federal Reserve Board publishes it each month in its G.19 release: revolving credit, mostly credit card balances, and nonrevolving credit, such as loans for cars, education, boats and vacations, held by banks, finance companies, credit unions, the federal government and others.
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The totals are seasonally adjusted; the growth rate is the month's change at an annual rate, as the Board publishes it. Student and car loans are published for the end of each quarter, not seasonally adjusted. The interest rates come from a survey of commercial banks in the middle month of each quarter: the credit card rate on accounts assessed interest leaves out accounts whose balance is paid in full.
What 500metrics adds: the change from a year earlier and each calendar year's change from the December before, worked out from the published months.
The numbers behind the chart
How much consumer credit was outstanding in each month?The 120 months since Sep 2016, newest first; each year since 1943 is in the next table
| Month | Total | Revolving | Nonrevolving | Growth |
|---|---|---|---|---|
| 5,196.8 | 1,352.4 | 3,844.4 | 1.92% | |
| 5,188.5 | 1,357.2 | 3,831.3 | 4.12% | |
| 5,170.8 | 1,354.4 | 3,816.3 | 3.57% | |
| 5,155.4 | 1,347.7 | 3,807.7 | 0.67% | |
| 5,152.5 | 1,349.9 | 3,802.6 | 4.93% | |
| 5,131.4 | 1,338.2 | 3,793.2 | 4.94% | |
| 5,110.4 | 1,327.1 | 3,783.3 | 1.69% | |
| 5,103.2 | 1,326.0 | 3,777.2 | 1.03% | |
| 5,098.8 | 1,324.3 | 3,774.5 | 3.72% | |
| 5,083.1 | 1,316.3 | 3,766.7 | 0.78% | |
| 5,079.8 | 1,317.1 | 3,762.7 | 1.85% | |
| 5,072.0 | 1,312.7 | 3,759.2 | 3.17% | |
| 5,058.6 | 1,308.3 | 3,750.3 | 0.64% | |
| 5,055.9 | 1,310.3 | 3,745.6 | 2.95% | |
| 5,043.5 | 1,301.7 | 3,741.8 | 2.17% | |
| 5,048.3 | 1,300.2 | 3,748.1 | 2.40% | |
| 5,038.2 | 1,299.4 | 3,738.8 | 3.91% | |
| 5,021.9 | 1,292.8 | 3,729.1 | 1.44% | |
| 4,957.6 | 1,304.2 | 3,653.4 | 0.48% | |
| 4,955.6 | 1,301.9 | 3,653.7 | 2.04% | |
| 4,947.2 | 1,297.0 | 3,650.3 | 4.87% | |
| 5,065.7 | 1,342.1 | 3,723.6 | -1.40% | |
| 5,071.6 | 1,352.4 | 3,719.2 | 3.14% | |
| 5,058.3 | 1,342.5 | 3,715.9 | 0.61% |
Show 96 more rows
| Month | Total | Revolving | Nonrevolving | Growth |
|---|---|---|---|---|
| 5,055.8 | 1,340.2 | 3,715.6 | 2.28% | |
| 5,046.2 | 1,337.5 | 3,708.7 | 4.73% | |
| 5,026.4 | 1,330.9 | 3,695.5 | 0.36% | |
| 5,024.8 | 1,331.3 | 3,693.6 | 2.08% | |
| 5,016.2 | 1,322.9 | 3,693.3 | 0.30% | |
| 5,014.9 | 1,320.9 | 3,694.0 | -0.09% | |
| 5,015.3 | 1,319.5 | 3,695.8 | 3.07% | |
| 5,002.5 | 1,308.4 | 3,694.1 | 3.43% | |
| 4,988.2 | 1,298.9 | 3,689.4 | -1.19% | |
| 4,993.2 | 1,301.6 | 3,691.6 | 5.83% | |
| 4,969.1 | 1,282.4 | 3,686.7 | 3.21% | |
| 4,955.8 | 1,277.9 | 3,677.9 | 2.20% | |
| 4,946.8 | 1,271.8 | 3,674.9 | -3.15% | |
| 4,959.8 | 1,255.7 | 3,704.0 | 2.62% | |
| 4,949.0 | 1,247.6 | 3,701.4 | 5.67% | |
| 4,925.7 | 1,241.3 | 3,684.4 | 1.36% | |
| 4,920.1 | 1,232.5 | 3,687.6 | 2.68% | |
| 4,909.2 | 1,220.9 | 3,688.2 | 5.80% | |
| 4,885.5 | 1,204.7 | 3,680.9 | 2.95% | |
| 4,873.6 | 1,199.8 | 3,673.7 | 3.74% | |
| 4,858.4 | 1,192.6 | 3,665.8 | 3.81% | |
| 4,843.1 | 1,183.9 | 3,659.2 | 7.63% | |
| 4,812.5 | 1,167.4 | 3,645.0 | 8.48% | |
| 4,778.7 | 1,155.4 | 3,623.3 | 6.71% | |
| 4,752.1 | 1,144.9 | 3,607.2 | 7.56% | |
| 4,722.4 | 1,129.9 | 3,592.5 | 6.03% | |
| 4,698.8 | 1,120.2 | 3,578.6 | 9.73% | |
| 4,661.0 | 1,100.5 | 3,560.4 | 7.73% | |
| 4,631.1 | 1,091.1 | 3,540.0 | 8.48% | |
| 4,598.6 | 1,077.5 | 3,521.1 | 10.62% | |
| 4,558.3 | 1,054.7 | 3,503.6 | 8.31% | |
| 4,526.9 | 1,043.0 | 3,483.9 | 3.78% | |
| 4,512.7 | 1,033.5 | 3,479.2 | 6.02% | |
| 4,490.2 | 1,026.4 | 3,463.8 | 6.78% | |
| 4,465.0 | 1,013.7 | 3,451.2 | 4.81% | |
| 4,447.1 | 1,005.5 | 3,441.7 | 6.44% | |
| 4,423.4 | 994.0 | 3,429.4 | 4.77% | |
| 4,405.9 | 990.6 | 3,415.3 | 4.73% | |
| 4,388.6 | 985.6 | 3,403.1 | 7.16% | |
| 4,237.5 | 960.5 | 3,277.0 | 9.05% | |
| 4,205.8 | 952.1 | 3,253.6 | 4.95% | |
| 4,188.5 | 952.1 | 3,236.4 | 3.34% | |
| 4,176.9 | 955.4 | 3,221.5 | 5.57% | |
| 4,157.6 | 951.4 | 3,206.2 | 2.47% | |
| 4,149.0 | 954.6 | 3,194.4 | 3.86% | |
| 4,135.7 | 953.3 | 3,182.5 | 0.30% | |
| 4,134.7 | 961.1 | 3,173.6 | 1.73% | |
| 4,128.7 | 964.4 | 3,164.4 | 4.52% | |
| 4,113.2 | 961.4 | 3,151.8 | -1.35% | |
| 4,117.9 | 971.3 | 3,146.6 | 4.77% | |
| 4,101.6 | 973.5 | 3,128.1 | 3.63% | |
| 4,089.2 | 980.4 | 3,108.8 | -4.73% | |
| 4,105.4 | 1,005.1 | 3,100.3 | -18.49% | |
| 4,169.6 | 1,062.2 | 3,107.4 | -5.78% | |
| 4,185.1 | 1,081.5 | 3,103.6 | 3.88% | |
| 4,171.6 | 1,076.1 | 3,095.6 | 4.37% | |
| 4,192.2 | 1,092.0 | 3,100.2 | 7.97% | |
| 4,164.5 | 1,077.2 | 3,087.3 | 0.29% | |
| 4,163.5 | 1,087.3 | 3,076.2 | 5.04% | |
| 4,146.1 | 1,084.3 | 3,061.8 | 3.56% | |
| 4,133.9 | 1,084.1 | 3,049.8 | 4.63% | |
| 4,117.9 | 1,082.7 | 3,035.2 | 7.07% | |
| 4,093.8 | 1,071.4 | 3,022.5 | 3.22% | |
| 4,082.9 | 1,073.2 | 3,009.7 | 4.35% | |
| 4,068.2 | 1,069.9 | 2,998.2 | 5.00% | |
| 4,051.3 | 1,063.2 | 2,988.1 | 3.43% | |
| 4,039.7 | 1,063.2 | 2,976.6 | 3.76% | |
| 4,027.1 | 1,060.9 | 2,966.3 | 6.01% | |
| 4,007.0 | 1,053.8 | 2,953.2 | 4.73% | |
| 3,991.3 | 1,052.3 | 2,939.0 | 4.57% | |
| 3,976.2 | 1,050.2 | 2,926.0 | 5.40% | |
| 3,958.4 | 1,044.4 | 2,913.9 | 3.81% | |
| 3,945.8 | 1,042.3 | 2,903.6 | 6.19% | |
| 3,925.6 | 1,035.8 | 2,889.8 | 4.57% | |
| 3,903.1 | 1,025.3 | 2,877.8 | -0.04% | |
| 3,900.7 | 1,027.3 | 2,873.4 | 5.42% | |
| 3,884.8 | 1,025.1 | 2,859.7 | 3.99% | |
| 3,876.8 | 1,028.8 | 2,848.1 | 4.02% | |
| 3,863.9 | 1,024.8 | 2,839.1 | 5.00% | |
| 3,847.9 | 1,022.6 | 2,825.2 | 5.35% | |
| 3,830.8 | 1,016.8 | 2,814.0 | 4.78% | |
| 3,815.6 | 1,011.8 | 2,803.8 | 5.90% | |
| 3,796.9 | 1,005.8 | 2,791.1 | 7.01% | |
| 3,774.8 | 998.8 | 2,776.0 | 5.15% | |
| 3,758.7 | 992.5 | 2,766.2 | 3.98% | |
| 3,746.3 | 988.2 | 2,758.1 | 5.20% | |
| 3,730.1 | 985.0 | 2,745.0 | 5.29% | |
| 3,713.7 | 980.3 | 2,733.4 | 3.77% | |
| 3,702.1 | 978.1 | 2,724.0 | 4.79% | |
| 3,687.4 | 974.9 | 2,712.5 | 5.67% | |
| 3,670.0 | 969.2 | 2,700.9 | 5.49% | |
| 3,653.3 | 963.4 | 2,689.9 | 5.58% | |
| 3,636.4 | 960.1 | 2,676.3 | 6.44% | |
| 3,617.0 | 953.4 | 2,663.6 | 5.28% | |
| 3,601.2 | 949.0 | 2,652.2 | 4.28% | |
| 3,588.4 | 950.4 | 2,638.0 | 7.76% |
The table scrolls sideways; the first column stays in place.
How much did consumer credit change in each year?84 calendar years, newest first
| Year | Total | Change | Through |
|---|---|---|---|
| 2026 | 5,196.8 | 1.9% | Aug 2026 |
| 2025 | 5,098.8 | 3.1% | December |
| 2024 | 4,947.2 | -0.8% | December |
| 2023 | 4,988.2 | 2.7% | December |
| 2022 | 4,858.4 | 7.7% | December |
| 2021 | 4,512.7 | 8.8% | December |
| 2020 | 4,149.0 | -1.0% | December |
| 2019 | 4,192.2 | 4.6% | December |
| 2018 | 4,007.0 | 4.6% | December |
| 2017 | 3,830.8 | 5.3% | December |
Show 74 more rows
| Year | Total | Change | Through |
|---|---|---|---|
| 2016 | 3,636.4 | 6.9% | December |
| 2015 | 3,400.2 | 2.7% | December |
| 2014 | 3,309.5 | 7.1% | December |
| 2013 | 3,090.5 | 6.1% | December |
| 2012 | 2,912.9 | 5.7% | December |
| 2011 | 2,756.2 | 4.1% | December |
| 2010 | 2,646.8 | 3.6% | December |
| 2009 | 2,555.0 | -3.4% | December |
| 2008 | 2,643.8 | 1.3% | December |
| 2007 | 2,609.5 | 6.2% | December |
| 2006 | 2,456.7 | 7.2% | December |
| 2005 | 2,290.9 | 4.5% | December |
| 2004 | 2,192.2 | 5.5% | December |
| 2003 | 2,077.4 | 5.3% | December |
| 2002 | 1,972.1 | 5.6% | December |
| 2001 | 1,867.9 | 8.8% | December |
| 2000 | 1,717.0 | 12.1% | December |
| 1999 | 1,531.1 | 7.7% | December |
| 1998 | 1,421.0 | 7.3% | December |
| 1997 | 1,324.8 | 5.7% | December |
| 1996 | 1,253.4 | 9.9% | December |
| 1995 | 1,140.7 | 14.4% | December |
| 1994 | 997.3 | 15.2% | December |
| 1993 | 865.7 | 7.4% | December |
| 1992 | 806.1 | 1.0% | December |
| 1991 | 798.0 | -1.3% | December |
| 1990 | 808.2 | 1.7% | December |
| 1989 | 794.6 | 8.6% | December |
| 1988 | 731.9 | 6.6% | December |
| 1987 | 686.3 | 4.8% | December |
| 1986 | 654.8 | 9.2% | December |
| 1985 | 599.7 | 15.9% | December |
| 1984 | 517.3 | 18.4% | December |
| 1983 | 437.1 | 12.1% | December |
| 1982 | 389.8 | 5.0% | December |
| 1981 | 371.3 | 5.5% | December |
| 1980 | 351.9 | 1.0% | December |
| 1979 | 348.6 | 13.9% | December |
| 1978 | 306.1 | 17.5% | December |
| 1977 | 260.6 | 15.4% | December |
| 1976 | 225.7 | 10.6% | December |
| 1975 | 204.0 | 2.6% | December |
| 1974 | 198.9 | 4.6% | December |
| 1973 | 190.1 | 14.4% | December |
| 1972 | 166.2 | 13.1% | December |
| 1971 | 146.9 | 11.7% | December |
| 1970 | 131.6 | 3.5% | December |
| 1969 | 127.2 | 8.3% | December |
| 1968 | 117.4 | 9.9% | December |
| 1967 | 106.8 | 5.0% | December |
| 1966 | 101.8 | 6.1% | December |
| 1965 | 96.0 | 11.6% | December |
| 1964 | 86.0 | 12.2% | December |
| 1963 | 76.6 | 12.4% | December |
| 1962 | 68.1 | 9.4% | December |
| 1961 | 62.2 | 3.7% | December |
| 1960 | 60.0 | 7.2% | December |
| 1959 | 56.0 | 15.7% | December |
| 1958 | 48.4 | 0.7% | December |
| 1957 | 48.1 | 5.8% | December |
| 1956 | 45.4 | 8.5% | December |
| 1955 | 41.9 | 19.5% | December |
| 1954 | 35.0 | 4.0% | December |
| 1953 | 33.7 | 13.5% | December |
| 1952 | 29.7 | 20.5% | December |
| 1951 | 24.6 | 6.0% | December |
| 1950 | 23.2 | 23.7% | December |
| 1949 | 18.8 | 18.8% | December |
| 1948 | 15.8 | 22.9% | December |
| 1947 | 12.9 | 36.1% | December |
| 1946 | 9.4 | 43.8% | December |
| 1945 | 6.6 | 17.6% | December |
| 1944 | 5.6 | 2.3% | December |
| 1943 | 5.5 | n/a | December |
What did credit cards and loans cost?The 40 quarters since Nov 2016, newest first; the chart draws every quarter since Feb 1972
| Month | Cards, assessed interest | Cards, all accounts | New car, 60 months | Personal, 24 months |
|---|---|---|---|---|
| 22.36% | 21.19% | 7.54% | 11.90% | |
| 22.15% | 20.94% | 7.14% | 11.86% | |
| 21.52% | 21.00% | 7.53% | 11.36% | |
| 22.30% | 20.97% | 7.24% | 11.63% | |
| 22.83% | 21.39% | 7.64% | 11.14% | |
| 22.25% | 21.16% | 7.67% | 11.57% | |
| 21.91% | 21.37% | 8.04% | 11.66% | |
| 22.80% | 21.47% | 7.82% | 12.32% | |
| 23.37% | 21.76% | 8.40% | 12.33% | |
| 22.78% | 21.51% | 8.20% | 11.92% | |
| 22.63% | 21.59% | 8.22% | 12.49% | |
| 22.75% | 21.47% | 8.15% | 12.35% |
Show 28 more rows
| Month | Cards, assessed interest | Cards, all accounts | New car, 60 months | Personal, 24 months |
|---|---|---|---|---|
| 22.77% | 21.19% | 7.88% | 12.17% | |
| 22.16% | 20.84% | 7.81% | 11.48% | |
| 20.92% | 20.09% | 7.48% | 11.48% | |
| 20.40% | 19.07% | 6.55% | 11.21% | |
| 18.43% | 16.27% | 5.50% | 10.16% | |
| 16.65% | 15.13% | 4.85% | 8.73% | |
| 16.17% | 14.56% | 4.52% | 9.39% | |
| 16.44% | 14.51% | 4.67% | 9.09% | |
| 17.13% | 14.54% | 4.60% | 9.39% | |
| 16.30% | 14.61% | 5.05% | 9.58% | |
| 15.91% | 14.75% | 4.96% | 9.46% | |
| 16.28% | 14.65% | 4.80% | 9.65% | |
| 16.43% | 14.58% | 4.98% | 9.26% | |
| 15.78% | 14.52% | 5.14% | 9.50% | |
| 16.61% | 15.09% | 5.15% | 9.63% | |
| 16.88% | 14.87% | 5.37% | 10.21% | |
| 16.97% | 15.10% | 5.27% | 10.07% | |
| 17.14% | 15.13% | 5.36% | 10.63% | |
| 16.91% | 15.09% | 5.24% | 10.36% | |
| 16.86% | 14.73% | 5.36% | 10.65% | |
| 16.46% | 14.38% | 4.96% | 10.08% | |
| 15.54% | 14.14% | 4.99% | 10.31% | |
| 15.32% | 13.63% | 4.75% | 10.22% | |
| 14.99% | 13.16% | 4.51% | 10.57% | |
| 14.89% | 13.08% | 4.36% | 9.76% | |
| 14.00% | 12.77% | 4.24% | 10.13% | |
| 13.86% | 12.54% | 4.21% | 10.05% | |
| 13.61% | 12.41% | 4.05% | 9.45% |
The table scrolls sideways; the first column stays in place.
How much was owed on student and car loans?The 40 quarters since Sep 2016, newest first; the chart draws every quarter since Mar 1943
| Quarter ending | Student loans | Motor vehicle loans |
|---|---|---|
| 1,861.8 | 1,574.6 | |
| 1,862.7 | 1,559.7 | |
| 1,834.7 | 1,562.2 | |
| 1,833.0 | 1,560.7 | |
| 1,802.6 | 1,560.8 | |
| 1,805.5 | 1,555.2 | |
| 1,778.4 | 1,564.3 | |
| 1,772.9 | 1,562.3 | |
| 1,741.1 | 1,557.4 | |
| 1,753.3 | 1,550.3 | |
| 1,729.1 | 1,550.7 | |
| 1,732.6 | 1,547.7 |
Show 28 more rows
| Quarter ending | Student loans | Motor vehicle loans |
|---|---|---|
| 1,761.2 | 1,530.5 | |
| 1,774.9 | 1,511.8 | |
| 1,764.1 | 1,494.9 | |
| 1,761.7 | 1,472.3 | |
| 1,744.0 | 1,440.6 | |
| 1,747.5 | 1,406.0 | |
| 1,733.4 | 1,388.1 | |
| 1,739.4 | 1,374.3 | |
| 1,719.1 | 1,348.5 | |
| 1,718.7 | 1,236.2 | |
| 1,693.9 | 1,219.9 | |
| 1,696.5 | 1,213.8 | |
| 1,672.5 | 1,192.8 | |
| 1,672.0 | 1,179.4 | |
| 1,637.9 | 1,184.1 | |
| 1,635.1 | 1,175.4 | |
| 1,603.3 | 1,160.0 | |
| 1,597.7 | 1,144.2 | |
| 1,566.9 | 1,139.6 | |
| 1,560.7 | 1,131.4 | |
| 1,530.8 | 1,115.6 | |
| 1,523.3 | 1,105.0 | |
| 1,488.9 | 1,102.0 | |
| 1,479.0 | 1,094.0 | |
| 1,446.7 | 1,081.5 | |
| 1,440.4 | 1,068.0 | |
| 1,405.3 | 1,062.3 | |
| 1,398.6 | 1,051.2 |
Where do these figures come from?Limits, sources and how to cite
What this number cannot tell you
- The Board publishes amounts in millions of dollars and revises earlier months as lenders report; this page shows them as published now.
- Consumer credit leaves out mortgages and other loans secured by real estate.
- The interest rates are averages from a survey of commercial banks only; other lenders' rates are not in them.
Source
Source: Federal Reserve Board, G.19 Consumer Credit. Observed . Checked .
How to cite this
Board of Governors of the Federal Reserve System, G.19 Consumer Credit, series DTCTL.M (total consumer credit owned and securitized, seasonally adjusted), through August 2026, published 7 October 2026. Compiled by 500metrics, "How much consumer credit do Americans owe?", https://500metrics.com/consumer-credit.
Source: Federal Reserve Board, G.19 Consumer Credit. Figures for .
Sources and licence
Sources and licence
- Board of Governors of the Federal Reserve System, G.19 Consumer Credit (source). Licence: Public domain, a work of the US federal government
Our text and compilation: CC BY 4.0. How to reuse and cite this page.