Total US consumer credit rose by $8.05 billion in January 2026, following an upwardly revised $25.20 billion gain in December and below market expectations of a $12 billion increase. It is equivalent to an increase of about 1.9% at an annual rate. Revolving credit increased by $4.71 billion in January, after increasing $12.39 billion in December. Nonrevolving credit, which includes auto and student loans, rose $3.34 billion in January, following a $12.81 billion gain in the previous month. source: Federal Reserve

Consumer Credit in the United States decreased to 8.05 USD Billion in January from 25.20 USD Billion in December of 2025. Consumer Credit in the United States averaged 5.07 USD Billion from 1943 until 2026, reaching an all time high of 41.82 USD Billion in March of 2022 and a record low of -64.49 USD Billion in April of 2020. This page provides the latest reported value for - United States Consumer Credit Change - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. United States Consumer Credit Change - data, historical chart, forecasts and calendar of releases - was last updated on March of 2026.

Consumer Credit in the United States decreased to 8.05 USD Billion in January from 25.20 USD Billion in December of 2025. Consumer Credit in the United States is expected to be 3.00 USD Billion by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the United States Consumer Credit Change is projected to trend around 8.00 USD Billion in 2027, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-02-06 08:00 PM
Consumer Credit Change
Dec $24.05B $4.7B $8B $10.0B
2026-03-06 08:00 PM
Consumer Credit Change
Jan $8.05B $25.2B $12B $8.0B
2026-04-07 07:00 PM
Consumer Credit Change
Feb $8.05B $2.0B


Related Last Previous Unit Reference
Bank Lending Rate 6.75 6.75 percent Feb 2026
Chain Store Sales 674.64 816.62 USD Million Jan 2026
Michigan Consumer Sentiment 55.50 56.60 points Mar 2026
Consumer Credit Change 8.05 25.20 USD Billion Jan 2026
Consumer Spending 16667.00 16585.90 USD Billion Dec 2025
Credit Card Accounts 648.10 642.31 Million Dec 2025
Debt Balance Auto Loans 1.67 1.66 Trillion USD Dec 2025
Debt Balance Credit Cards 1.28 1.23 Trillion USD Dec 2025
Debt Balance Mortgages 13.17 13.07 Trillion USD Dec 2025
Debt Balance Student Loans 1.66 1.65 Trillion USD Dec 2025
Total Household Debt 18.80 18.59 USD Trillion Dec 2025
Disposable Personal Income 23474.90 23255.00 USD Billion Jan 2026
RCM/TIPP Economic Optimism Index 47.50 48.80 points Mar 2026
Gasoline Prices 0.77 0.74 USD/Liter Feb 2026
Households Debt to GDP 68.00 68.10 percent of GDP Sep 2025
Michigan Consumer Expectations 54.10 56.60 points Mar 2026
Michigan Current Conditions 57.80 56.60 points Mar 2026
Personal Income MoM 0.40 0.30 percent Jan 2026
Personal Savings 4.50 4.00 percent Jan 2026
Personal Spending MoM 0.40 0.40 percent Jan 2026
Private Sector Credit 13531.33 13410.19 USD Billion Feb 2026
Redbook YoY 6.70 6.40 percent Mar 2026
Retail Sales Ex Autos MoM 0.00 0.00 percent Jan 2026
Retail Sales Ex Gas/Autos MoM 0.30 0.10 percent Jan 2026
Retail Sales MoM -0.20 0.00 percent Jan 2026
Retail Sales YoY 3.20 2.40 percent Jan 2026
Used Car Prices MoM 0.80 2.40 percent Feb 2026
Used Car Prices YoY 4.00 2.40 percent Feb 2026


United States Consumer Credit Change
In the United States, Consumer Credit refers to outstanding credit flows extended to individuals for household, family, and other personal expenditures, excluding loans secured by real estate.
Actual Previous Highest Lowest Dates Unit Frequency
8.05 25.20 41.82 -64.49 1943 - 2026 USD Billion Monthly
SA

News Stream
US Consumer Credit Rises Less than Expected in January
Total US consumer credit rose by $8.05 billion in January 2026, following an upwardly revised $25.20 billion gain in December and below market expectations of a $12 billion increase. It is equivalent to an increase of about 1.9% at an annual rate. Revolving credit increased by $4.71 billion in January, after increasing $12.39 billion in December. Nonrevolving credit, which includes auto and student loans, rose $3.34 billion in January, following a $12.81 billion gain in the previous month.
2026-03-06
US Consumer Credit Rises Much more than Expected in December
Total US consumer credit rose by $24.05 billion in December 2025, following an upwardly revised $4.70 billion gain in November and way above market expectations of an $8 billion increase. It is equivalent to an increase of about 5.7% at an annual rate. Revolving credit increased by $13.85 billion in December, after decreasing $1.69 billion in November. Nonrevolving credit, which includes auto and student loans, rose $10.20 billion in December, following a $6.38 billion gain in the previous month.
2026-02-06
US Consumer Credit Rises Less than Expected in November
Total US consumer credit rose by $4.23 billion in November 2025, following an upwardly revised $9.18 billion gain in October and below market expectations of a $10 billion increase. It is equivalent to an increase of 1.0% at an annual rate. Revolving credit decreased at an annual rate of 1.9% or $2.10 billion, following a $5.41 billion increase in October. Nonrevolving credit, which includes auto and student loans, went up 2.0% or $6.30 billion, following a $3.77 billion gain in the previous month.
2026-01-08