Equifax National Market Pulse Data Shows U.S. Consumer Debt Accelerating

%3.8 %December 2025$1,123.93.1 %4.1 %Student Loans BalancesMonthStudent Loan Debt ($B)MoM Change %YoY Change (%)October 2025$1,3490.6 %-0.2 %November 2025$1,344-0.4 %-0.3 %December 2025$1,330-0.3 %-1.4 %Equifax has been tracking U.S. National Consumer Credit Trends for more than 20 years. Monthly reports can be found on [Equifax.com]. These reports track originations, balances and delinquencies on U.S. consumer mortgages, auto loans and leases, student loans, bankcards and private label credit cards, and pe ...