---
title: "Total Revolving Credit Outstanding"
slug: total-revolving-credit-outstanding
summary: "Revolving credit outstanding was $1.35 trillion in August 2026, up $44.1 billion from a year earlier"
category: "Savings"
unit: millions_usd
frequency: monthly
direction: bidirectional
latest_value: 1352414.0
latest_period: "2026-08"
trend: rising
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/REVOLSL
canonical_html: https://americandefault.org/indicators/total-revolving-credit-outstanding/
citation_apa: "Kilburn, R. (2026). Total Revolving Credit Outstanding [Data set]. American Default Research. https://americandefault.org/indicators/total-revolving-credit-outstanding/"
citation_chicago: "Kilburn, Ross. 2026. \"Total Revolving Credit Outstanding.\" American Default Research. https://americandefault.org/indicators/total-revolving-credit-outstanding/."
citation_mla: "Kilburn, Ross. \"Total Revolving Credit Outstanding.\" American Default Research, 2026, americandefault.org/indicators/total-revolving-credit-outstanding/."
---

# Total Revolving Credit Outstanding

> Revolving credit outstanding was $1.35 trillion in August 2026, up $44.1 billion from a year earlier

## Current Reading

As of August 2026, Total Revolving Credit Outstanding is **$1.35 trillion** (rising).

in revolving credit, mostly credit cards — up from a year earlier

## What Changed

- Revolving credit outstanding was $1.35 trillion in August 2026, up from $1.31 trillion a year earlier.
- July 2026 was revised down by $20.74 million, to $1.36 trillion.

## Recent Values

| Period | Value |
|--------|-------|
| 2026-08 | $1.3524T |
| 2026-07 | $1.3572T |
| 2026-06 | $1.3544T |
| 2026-05 | $1.3477T |
| 2026-04 | $1.3499T |
| 2026-03 | $1.3382T |
| 2026-02 | $1.3271T |
| 2026-01 | $1.326T |
| 2025-12 | $1.3243T |
| 2025-11 | $1.3163T |
| 2025-10 | $1.3171T |
| 2025-09 | $1.3127T |

## Historical Context

- Peak since 1968: **$1.36 trillion** in July 2026
- Low since 1968: **$1.32 billion** in January 1968
- Pre-pandemic average (2015-01 – 2019-12): **$987.85 billion**
- Post-pandemic average (2020-01 – 2024-12): **$1.14 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/REVOLSL](https://fred.stlouisfed.org/series/REVOLSL)

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

## Related Indicators

- [falling-behind](https://americandefault.org/indicators/falling-behind/)
- [the-card-tax](https://americandefault.org/indicators/the-card-tax/)

## Machine-Readable Endpoints

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

## Citation

**APA 7th**

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

**Chicago (author-date)**

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

**MLA 9th**

    Kilburn, Ross. "Total Revolving Credit Outstanding." American Default Research, 2026, americandefault.org/indicators/total-revolving-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.