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Consumer Credit

Delinquency and charge off rates on consumer loans at United States commercial banks, each measured against its own history back to first quarter 1991. Latest quarter: second quarter 2026.

Delinquency rate is loans thirty or more days past due and still accruing, plus loans in nonaccrual status, as a percent of loans outstanding. Charge off rate is loans written off net of recoveries, annualized, as a percent of average loans over the quarter.

Credit cards

Delinquency rate
2.85%
Higher than 32 percent of every quarter since first quarter 1991. Median over that span: 3.84%.
Range: 1.53% (third quarter 2021) to 6.77% (second quarter 2009).
Change from the prior quarter: -0.06 points. From a year earlier: -0.19 points.
Charge off rate
3.82%
Higher than 49 percent of every quarter since first quarter 1985. Median over that span: 3.84%.
Range: 1.63% (fourth quarter 2021) to 10.54% (fourth quarter 2009).
Change from the prior quarter: 0.00 points. From a year earlier: -0.37 points.

A rise in this loan type's delinquency rate has tended to show up in its charge-off rate about 1 quarter later (correlation 0.58 on quarter over quarter changes, measured against its own noise floor).

Other consumer loans

Auto, personal and other installment loans

Delinquency rate
2.33%
Higher than 39 percent of every quarter since first quarter 1991. Median over that span: 2.49%.
Range: 1.48% (fourth quarter 2021) to 3.66% (second quarter 2009).
Change from the prior quarter: +0.05 points. From a year earlier: -0.05 points.
Charge off rate
1.21%
Higher than 77 percent of every quarter since first quarter 1985. Median over that span: 0.96%.
Range: 0.29% (second quarter 2021) to 3.36% (second quarter 2009).
Change from the prior quarter: +0.04 points. From a year earlier: +0.01 points.

A rise in this loan type's delinquency rate has tended to show up in its charge-off rate about 1 quarter later (correlation 0.40 on quarter over quarter changes, measured against its own noise floor).

All consumer loans

Credit cards and other consumer loans together

Delinquency rate
2.62%
Higher than 28 percent of every quarter since first quarter 1987. Median over that span: 3.10%.
Range: 1.52% (third quarter 2021) to 4.85% (second quarter 2009).
Change from the prior quarter: -0.02 points. From a year earlier: -0.13 points.
Charge off rate
2.66%
Higher than 74 percent of every quarter since first quarter 1985. Median over that span: 2.25%.
Range: 0.82% (first quarter 1985) to 6.60% (first quarter 2010).
Change from the prior quarter: +0.01 points. From a year earlier: -0.21 points.

A rise in this loan type's delinquency rate has tended to show up in its charge-off rate about 1 quarter later (correlation 0.59 on quarter over quarter changes, measured against its own noise floor).

Single-family mortgages

Residential mortgages booked in domestic offices

Delinquency rate
1.86%
Higher than 20 percent of every quarter since first quarter 1991. Median over that span: 2.34%.
Range: 1.41% (fourth quarter 2004) to 11.48% (first quarter 2010).
Change from the prior quarter: -0.02 points. From a year earlier: +0.08 points.
Charge off rate
0.00%
Higher than 22 percent of every quarter since first quarter 1991. Median over that span: 0.12%.
Range: -0.04% (third quarter 2019) to 2.80% (fourth quarter 2009).
Change from the prior quarter: 0.00 points. From a year earlier: 0.00 points.

A rise in this loan type's delinquency rate has tended to show up in its charge-off rate in the same quarter (correlation 0.40 on quarter over quarter changes, measured against its own noise floor).

What this does not cover

This release covers commercial banks only. Credit unions, finance companies, online lenders, and federal student loans are outside it, so it understates delinquency in the parts of consumer lending those institutions carry.

A reading, not a forecast

These figures describe where each rate stands today against its own history. They are not a projection of where it goes next, and a rate inside its ordinary range is not itself a signal to act on.

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Source: Federal Reserve Board, Charge-Off and Delinquency Rates on Loans and Leases at Commercial Banks (seasonally adjusted). Updated 2026-09-15.