Student-Loan Defaults Surge, Putting Credit and Paychecks at Risk
About 9.5 million federal student-loan borrowers are in default. A temporary collections delay gives them time to act, but does not erase the debt.
Consumer Credit
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U.S. consumer credit grew in July as card and auto debt rose
U.S. consumer credit expanded in July, led by installment borrowing, while credit-card and auto debt rose in the second quarter, Federal Reserve data show.
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U.S. Credit-Card Balances Rise to $1.263 Trillion in Q2
New York Fed data show credit-card balances rose in the second quarter, while different delinquency measures point to stable new stress but lingering old debt.
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U.S. Household Debt Fell Slightly as Card, Auto Balances Rose
U.S. household debt dipped in the second quarter, but credit-card and auto-loan balances rose, exposing continued pressure in monthly budgets.
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Auto Credit Is Expanding Slightly, but Risk Remains Uneven
U.S. auto lending is edging higher, but debt growth and repayment stress remain concentrated among weaker-credit borrowers and nonprime portfolios.
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Federal Reserve: Credit-Card Borrowing Picked Up as Consumer Loan Costs Stayed High
Consumer-credit flows accelerated after a slower start to 2026, with the strongest increase in credit-card balances as auto-loan rates remained above 2019 levels.
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CFPB and Federal Reserve Adopt Uniform Standards for Consumer Financial-Data Reporting
The CFPB and Federal Reserve announced a joint final rule intended to standardize financial-data reporting by covered lenders and other financial institutions nationwide.
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CFPB Updates National Consumer-Credit Dashboards With July 2026 Data
The Consumer Financial Protection Bureau updated its Consumer Credit Trends dashboards on July 22, providing a new national reference point for mortgage, credit-card and other household-credit markets.
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CFPB auto-loan dashboard shows 2.2 million December originations and fewer inquiries
The Consumer Financial Protection Bureau updated its Consumer Credit Trends dashboards on July 22, 2026, adding newer national data on borrowing and repayment patterns from a representative sample of credit records.
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CFPB credit dashboards show stronger mortgage and credit-card originations in latest data
The Consumer Financial Protection Bureau updated its national consumer-credit dashboards on July 22, adding data on auto loans, credit cards, mortgages and student loans while cautioning that the information reflects records from one nationwide reporting agency.
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CFPB credit-card dashboard shows 8.6 million new cards and 15.6% annual growth
The Consumer Financial Protection Bureau has updated its national Consumer Credit Trends dashboards with data on credit originations, inquiries and borrower risk across four major lending markets.
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Household debt grew 2.6% as CFPB dashboards showed stronger mortgage and card originations
New federal dashboards show recent changes in credit-card originations and inquiries as Federal Reserve data show household debt rose in early 2026.
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Fed says credit-card balances are rising as borrowing costs stay high
Federal Reserve data show credit-card and auto-loan balances are picking up, while high interest rates and delinquency risks weigh more heavily on vulnerable households.
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Credit-card borrowing slowed in May as U.S. debt stayed high
Federal Reserve data show revolving credit contracted in May, while credit-card balances remained high and borrowing costs continued to pressure households.
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U.S. bankruptcy filings rose 12.2% in year ending June 30
Federal bankruptcy filings rose 12.2% over the year ending June 30, 2026, with most cases involving households as debt reached $18.8 trillion.
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Student-loan defaults surged as borrowers face new repayment rules
Federal data show about 9 million borrowers in default, while AP finds roughly 9.5 million. New plans offer options, but default risks remain.
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More Americans Are Applying for Credit, but Rejections Rose Slightly in June
New York Fed data show more Americans sought credit in June, while reported rejections edged up and 34% said they might need $2,000 for an emergency.