US household debt fell $13B to $18.8T in Q2 2026, the first decline since 2020, driven by mortgage and student loan drops amid rising credit card

Credit card balances are ticking higher mid-way through the year, according to a new report on household debt from the Federal Reserve Bank of New York.

New York Fed Q2 2026 report shows US household debt delinquency rates edging lower overall, but auto, credit card, and mortgage overdue rates