Equifax : May 2024 U.S. National Consumer Credit Trends Reports

AS OF MAY 2024, TOTAL U.S. CONSUMER DEBT was $17.43 trillion, up 2.9% from May 2023. Mortgage debt, including home equity loans, accounted for $12.70 trillion, a 72.9% share of total debt, while non-mortgage consumer debt totaled $4.73 trillion, with 34.7% of non-mortgage consumer debt attributable to auto loans and leases and 31.7% attributable to student loans. [...]

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