32 States Where Consumer Debt Fell the Most Since Last Year

With inflation still squeezing household budgets and interest rates staying high for most of the year, national consumer debt continues to climb across borrowing categories — from mortgages and credit cards to auto loans and HELOCs — compared to last year. Read More: 3 Signs You’ve ‘Made It’ Financially, According to Financial Influencer Genesis Hinckley Find Out: How Middle-Class Earners Are Quietly Becoming Millionaires — and How You Can, Too In June 2025, Americans collectively owed $18.33 trillion in ...