- Equifax reported that total U.S. consumer debt reached $18.23 trillion in July 2026, marking a 1.6% year-over-year increase.
- Mortgage balances rose to $13.49 trillion, representing 74% of the total consumer debt.
- Non-mortgage debt totaled $4.74 trillion, with auto loans and leases increasing by 3.3% to $1.73 trillion and bank credit card balances rising by 3.8% to $1.14 trillion.