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. source: Federal Reserve

Consumer Credit in the United States increased to 24.05 USD Billion in December from 4.70 USD Billion in November of 2025. Consumer Credit in the United States averaged 5.07 USD Billion from 1943 until 2025, 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 February of 2026.

Consumer Credit in the United States increased to 24.05 USD Billion in December from 4.70 USD Billion in November 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
2026-01-08 08:00 PM
Consumer Credit Change
Nov $4.23B $9.24B $10B $7.0B
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 $24.05B


Related Last Previous Unit Reference
Bank Lending Rate 6.75 6.75 percent Jan 2026
Chain Store Sales 816.51 736.35 USD Million Dec 2025
Michigan Consumer Sentiment 56.60 56.40 points Feb 2026
Consumer Credit Change 24.05 4.70 USD Billion Dec 2025
Consumer Spending 16682.50 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 23188.60 23112.90 USD Billion Dec 2025
RCM/TIPP Economic Optimism Index 48.80 47.20 points Feb 2026
Gasoline Prices 0.74 0.76 USD/Liter Jan 2026
Households Debt to GDP 68.00 68.20 percent of GDP Jun 2025
Michigan Consumer Expectations 56.60 57.00 points Feb 2026
Michigan Current Conditions 56.60 55.40 points Feb 2026
Personal Income MoM 0.30 0.40 percent Dec 2025
Personal Savings 3.60 3.70 percent Dec 2025
Personal Spending MoM 0.40 0.40 percent Dec 2025
Private Sector Credit 13411.20 13304.90 USD Billion Jan 2026
Redbook YoY 7.20 6.50 percent Feb 2026
Retail Sales Ex Autos MoM 0.00 0.40 percent Dec 2025
Retail Sales Ex Gas/Autos MoM 0.00 0.30 percent Dec 2025
Retail Sales MoM 0.00 0.60 percent Dec 2025
Retail Sales YoY 2.40 3.30 percent Dec 2025
Used Car Prices MoM 2.40 0.10 percent Jan 2026
Used Car Prices YoY 2.40 0.40 percent Jan 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
24.05 4.70 41.82 -64.49 1943 - 2025 USD Billion Monthly
SA

News Stream
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
US Consumer Credit Rises Less than Expected in October
Total US consumer credit rose by $9.18 billion in October 2025, following an upwardly revised $11.01 billion gain in September and bellow market expectations of a $10.5 billion increase. It is equivalent to an increase of 2.2% at an annual rate. Revolving credit increased at an annual rate of 4.9% or $5.41 billion, following a $4.30 billion increase in September. Nonrevolving credit which includes auto and student loans went up 1.2% or $3.77 billion, following a $6.70 billion gain in the previous month.
2025-12-05