Car Loans, Mortgages and More: See How Much Debt Americans Have in 2025

Core Insights - The average total debt balance among U.S. consumers remained largely unchanged in 2025, with an average balance of $104,755, slightly down from $105,580 in June 2024 [1][2] - There has been an increase in average balances for common types of consumer debt, including auto loans, credit cards, and mortgages, indicating persistent debt levels among consumers [1][2] Debt Breakdown - Auto loans in 2025 averaged $24,596, up from $24,187 in 2024 [6] - Credit card debt in 2025 averaged $6,735, slightly up from $6,699 in 2024 [6] - Mortgage debt in 2025 averaged $258,214, an increase from $250,479 in 2024 [6] Financial Management Recommendations - Financial experts suggest creating a monthly budget and controlling non-essential spending as fundamental steps to manage debt [4] - Listing all balances and interest rates in one place can help consumers understand their financial situation better [4] - Using credit wisely and aiming to pay off credit card balances monthly is recommended to maintain financial health [4][5] - For those with significant debt, consolidating at lower rates or using home equity for consolidation may improve cash flow and reduce overall debt [5]