---
title: "Total Consumer Credit Outstanding"
slug: total-consumer-credit-outstanding
summary: "Consumer credit outstanding was $5.2 trillion in August 2026, little changed from July 2026"
category: "Savings"
unit: millions_usd
frequency: monthly
direction: bidirectional
latest_value: 5196778.44
latest_period: "2026-08"
trend: stable
last_updated: "2026-10-07T00:00:00Z"
source: "Board of Governors of the Federal Reserve System data retrieved via FRED"
source_url: https://fred.stlouisfed.org/series/TOTALSL
canonical_html: https://americandefault.org/indicators/total-consumer-credit-outstanding/
citation_apa: "Kilburn, R. (2026). Total Consumer Credit Outstanding [Data set]. American Default Research. https://americandefault.org/indicators/total-consumer-credit-outstanding/"
citation_chicago: "Kilburn, Ross. 2026. \"Total Consumer Credit Outstanding.\" American Default Research. https://americandefault.org/indicators/total-consumer-credit-outstanding/."
citation_mla: "Kilburn, Ross. \"Total Consumer Credit Outstanding.\" American Default Research, 2026, americandefault.org/indicators/total-consumer-credit-outstanding/."
---

# Total Consumer Credit Outstanding

> Consumer credit outstanding was $5.2 trillion in August 2026, little changed from July 2026

## Current Reading

As of August 2026, Total Consumer Credit Outstanding is **$5.2 trillion** (stable).

in consumer credit, excluding mortgages — little changed from July 2026

## What Changed

- Consumer credit outstanding was $5.2 trillion in August 2026, little changed from July 2026.
- Up from $5.06 trillion a year earlier.
- A record in current dollars for a series that starts in 1943; not adjusted for inflation.

## Recent Values

| Period | Value |
|--------|-------|
| 2026-08 | $5.1968T |
| 2026-07 | $5.1885T |
| 2026-06 | $5.1708T |
| 2026-05 | $5.1554T |
| 2026-04 | $5.1525T |
| 2026-03 | $5.1314T |
| 2026-02 | $5.1104T |
| 2026-01 | $5.1032T |
| 2025-12 | $5.0988T |
| 2025-11 | $5.0831T |
| 2025-10 | $5.0798T |
| 2025-09 | $5.072T |

## Historical Context

- Peak since 1943: **$5.2 trillion** in August 2026
- Low since 1943: **$5.35 billion** in February 1944
- Pre-pandemic average (2015-01 – 2019-12): **$3.74 trillion**
- Post-pandemic average (2020-01 – 2024-12): **$4.63 trillion**

## Methodology

This indicator carries monthly observations and is interpreted as moving in both directions against household distress, with no single end of the range reading as the distressed one. Source: Board of Governors of the Federal Reserve System data retrieved via FRED.
Automation: collected automatically on the daily refresh pipeline, with no hand entry.

## Source

Board of Governors of the Federal Reserve System data retrieved via FRED — [https://fred.stlouisfed.org/series/TOTALSL](https://fred.stlouisfed.org/series/TOTALSL)

Data retrieved: 2026-10-07T00:00:00Z

## Related Indicators

- [falling-behind](https://americandefault.org/indicators/falling-behind/)
- [the-buffer](https://americandefault.org/indicators/the-buffer/)
- [total-revolving-credit-outstanding](https://americandefault.org/indicators/total-revolving-credit-outstanding/)

## Machine-Readable Endpoints

- HTML page: https://americandefault.org/indicators/total-consumer-credit-outstanding/
- JSON: https://americandefault.org/api/indicators/total-consumer-credit-outstanding.json
- CSV: https://americandefault.org/api/downloads/total-consumer-credit-outstanding.csv
- BibTeX: https://americandefault.org/citations/total-consumer-credit-outstanding.bib
- RIS: https://americandefault.org/citations/total-consumer-credit-outstanding.ris

## Citation

**APA 7th**

    Kilburn, R. (2026). Total Consumer Credit Outstanding [Data set]. American Default Research. https://americandefault.org/indicators/total-consumer-credit-outstanding/

**Chicago (author-date)**

    Kilburn, Ross. 2026. "Total Consumer Credit Outstanding." American Default Research. https://americandefault.org/indicators/total-consumer-credit-outstanding/.

**MLA 9th**

    Kilburn, Ross. "Total Consumer Credit Outstanding." American Default Research, 2026, americandefault.org/indicators/total-consumer-credit-outstanding/.

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.