--- title: "New Serious Delinquency Rate, Borrowers Age 40 to 49" slug: new-serious-delinquency-rate-borrowers-age-40-to-49 summary: "In the year to Q2 2026, 2.5% of the debt held by borrowers age 40 to 49 became seriously late, down from 2.9% a year earlier" category: "Debt" unit: percent frequency: quarterly direction: higher_is_worse latest_value: 2.5275637332131122 latest_period: "2026-Q2" trend: falling last_updated: "2026-10-29T17:24:17Z" source: "New York Fed Consumer Credit Panel / Equifax" measurement_basis: "A flow measure for borrowers age 40 to 49: the dollars of their debt that became seriously late (90 or more days) over the latest four quarters, divided by the dollars that were not yet seriously late at the start, across every loan type. It is the New York Fed's 'Transition into Serious Delinquency (90+) by Age' series (Quarterly Report on Household Debt and Credit, Page 24 Data), a four-quarter moving sum. Balances, not people, are counted, so large mortgages weigh more than small card balances. Ages are from the Consumer Credit Panel, a 5 percent Equifax sample, without borrowers whose birth year is unknown. Readings are dated to the quarter's last day; the New York Fed revises prior quarters." source_url: https://www.newyorkfed.org/microeconomics/hhdc canonical_html: https://americandefault.org/indicators/new-serious-delinquency-rate-borrowers-age-40-to-49/ citation_apa: "Kilburn, R. (2026). New Serious Delinquency Rate, Borrowers Age 40 to 49 [Data set]. American Default Research. https://americandefault.org/indicators/new-serious-delinquency-rate-borrowers-age-40-to-49/" citation_chicago: "Kilburn, Ross. 2026. \"New Serious Delinquency Rate, Borrowers Age 40 to 49.\" American Default Research. https://americandefault.org/indicators/new-serious-delinquency-rate-borrowers-age-40-to-49/." citation_mla: "Kilburn, Ross. \"New Serious Delinquency Rate, Borrowers Age 40 to 49.\" American Default Research, 2026, americandefault.org/indicators/new-serious-delinquency-rate-borrowers-age-40-to-49/." --- # New Serious Delinquency Rate, Borrowers Age 40 to 49 > In the year to Q2 2026, 2.5% of the debt held by borrowers age 40 to 49 became seriously late, down from 2.9% a year earlier ## Current Reading As of 2026-Q2, New Serious Delinquency Rate, Borrowers Age 40 to 49 is **2.53%** (falling — improving for households). of the debt owed by borrowers age 40 to 49 became 90 or more days late in the year to Q2 2026 ## Recent Values | Period | Value | |--------|-------| | 2026-Q2 | 2.53% | | 2026-Q1 | 2.85% | | 2025-Q4 | 3.19% | | 2025-Q3 | 2.99% | | 2025-Q2 | 2.88% | | 2025-Q1 | 2.41% | | 2024-Q4 | 1.8% | | 2024-Q3 | 1.74% | | 2024-Q2 | 1.63% | | 2024-Q1 | 1.61% | | 2023-Q4 | 1.41% | | 2023-Q3 | 1.33% | ## Historical Context - Peak since 2000: **8.77%** in Q3 2009 - Low since 2000: **0.73%** in Q3 2021 - Pre-pandemic average (2015-01 – 2019-12): **2.47%** - Post-pandemic average (2020-01 – 2024-12): **1.33%** ## Methodology This indicator carries quarterly observations and is interpreted as higher values indicate worse household conditions. Source: New York Fed Consumer Credit Panel / Equifax. Measurement basis: A flow measure for borrowers age 40 to 49: the dollars of their debt that became seriously late (90 or more days) over the latest four quarters, divided by the dollars that were not yet seriously late at the start, across every loan type. It is the New York Fed's 'Transition into Serious Delinquency (90+) by Age' series (Quarterly Report on Household Debt and Credit, Page 24 Data), a four-quarter moving sum. Balances, not people, are counted, so large mortgages weigh more than small card balances. Ages are from the Consumer Credit Panel, a 5 percent Equifax sample, without borrowers whose birth year is unknown. Readings are dated to the quarter's last day; the New York Fed revises prior quarters. Automation: collected automatically on the daily refresh pipeline, with no hand entry. ## Source New York Fed Consumer Credit Panel / Equifax — [https://www.newyorkfed.org/microeconomics/hhdc](https://www.newyorkfed.org/microeconomics/hhdc) Data retrieved: 2026-10-29T17:24:17Z ## Related Indicators - [new-serious-delinquency-rate-borrowers-age-18-to-29](https://americandefault.org/indicators/new-serious-delinquency-rate-borrowers-age-18-to-29/) ## Machine-Readable Endpoints - HTML page: https://americandefault.org/indicators/new-serious-delinquency-rate-borrowers-age-40-to-49/ - JSON: https://americandefault.org/api/indicators/new-serious-delinquency-rate-borrowers-age-40-to-49.json - CSV: https://americandefault.org/api/downloads/new-serious-delinquency-rate-borrowers-age-40-to-49.csv - BibTeX: https://americandefault.org/citations/new-serious-delinquency-rate-borrowers-age-40-to-49.bib - RIS: https://americandefault.org/citations/new-serious-delinquency-rate-borrowers-age-40-to-49.ris ## Citation **APA 7th** Kilburn, R. (2026). New Serious Delinquency Rate, Borrowers Age 40 to 49 [Data set]. American Default Research. https://americandefault.org/indicators/new-serious-delinquency-rate-borrowers-age-40-to-49/ **Chicago (author-date)** Kilburn, Ross. 2026. "New Serious Delinquency Rate, Borrowers Age 40 to 49." American Default Research. https://americandefault.org/indicators/new-serious-delinquency-rate-borrowers-age-40-to-49/. **MLA 9th** Kilburn, Ross. "New Serious Delinquency Rate, Borrowers Age 40 to 49." American Default Research, 2026, americandefault.org/indicators/new-serious-delinquency-rate-borrowers-age-40-to-49/. Use **American Default Research** as the institutional name in source lists, bibliographies, and press citations. **American Default** is the brand and URL form. **American Distress Index (ADI)** is the product name for the national composite score.