Total Delinquency Rate (All Loan Types)
Share of debt balances on credit reports in some stage of delinquency
Where the Total Delinquency Rate (All Loan Types) stands now
The Total Delinquency Rate (All Loan Types) was 4.7% in the second quarter of 2026, down from the 4.8% peak in the fourth quarter of 2025. It has been higher than a year earlier for two quarters in a row.
What it means for households: U.S. Default Rates by Loan Type Behind on payments? Your Rights with Debt Collectors
How the Total Delinquency Rate (All Loan Types) has moved since 2003
Total Delinquency Rate (All Loan Types): up since 2022, near the highest in data back to 2025
Share of consumer debt balances 30 or more days late, all loan types: 4.7% in the second quarter of 2026, up from 4.4% a year earlier. Quarterly, 2003–2026.
What the Total Delinquency Rate (All Loan Types) measures
A higher rate is worse for households.
Total Delinquency Rate (All Loan Types) by quarter, 2003 to 2026
Every quarter since 2003, newest first. The change compares each quarter with the same quarter a year earlier.
The source changed how it measures this in Q3 2012. The New York Fed says previously unreported defaulted student loans reappeared on credit reports in the third quarter of 2012, entering both the late balances and the total, so the student-loan part of this share is not measured the same way on either side of that quarter. Figures on either side are not directly comparable, so the change column stays blank where a comparison would cross that date. Source documentation.
The source changed how it measures this in Q2 2020. From the second quarter of 2020 federal student loans in the pandemic payment pause were reported as current, and the New York Fed said accounts in forbearance were typically reported current on credit reports. Figures on either side are not directly comparable, so the change column stays blank where a comparison would cross that date. Source documentation.
The source changed how it measures this in Q4 2022. In the fourth quarter of 2022 the Education Department's Fresh Start program marked more than $34 billion of defaulted federal student loans as current, which the New York Fed tied to that quarter's drop in reported student-loan delinquency. Figures on either side are not directly comparable, so the change column stays blank where a comparison would cross that date. Source documentation.
The source changed how it measures this in Q1 2025. In the first quarter of 2025 the New York Fed says missed federal student loan payments from the pause period began appearing on credit reports again, so readings from then on are not on the same footing as 2020 through 2024. Figures on either side are not directly comparable, so the change column stays blank where a comparison would cross that date. Source documentation.
| Quarter | Rate (%) | Change from a year earlier (percentage points) |
|---|---|---|
| Q2 2026 | 4.7 | +0.3 |
| Q1 2026 | 4.8 | +0.5 |
| Q4 2025 | 4.8 | — |
| Q3 2025 | 4.5 | — |
| Q2 2025 | 4.4 | — |
| Q1 2025 | 4.3 | — |
| Q4 2024 | 3.6 | +0.5 |
| Q3 2024 | 3.5 | +0.5 |
| Q2 2024 | 3.2 | +0.6 |
| Q1 2024 | 3.3 | +0.7 |
| Q4 2023 | 3.1 | +0.6 |
| Q3 2023 | 3.0 | — |
| Q2 2023 | 2.6 | — |
| Q1 2023 | 2.6 | — |
| Q4 2022 | 2.5 | — |
| Q3 2022 | 2.7 | 0.0 |
| Q2 2022 | 2.7 | 0.0 |
| Q1 2022 | 2.7 | −0.4 |
| Q4 2021 | 2.7 | −0.5 |
| Q3 2021 | 2.7 | −0.7 |
| Q2 2021 | 2.7 | −0.9 |
| Q1 2021 | 3.1 | — |
| Q4 2020 | 3.2 | — |
| Q3 2020 | 3.4 | — |
| Q2 2020 | 3.6 | — |
| Q1 2020 | 4.6 | 0.0 |
| Q4 2019 | 4.7 | 0.0 |
| Q3 2019 | 4.8 | +0.1 |
| Q2 2019 | 4.4 | −0.1 |
| Q1 2019 | 4.6 | 0.0 |
| Q4 2018 | 4.7 | 0.0 |
| Q3 2018 | 4.7 | −0.2 |
| Q2 2018 | 4.5 | −0.3 |
| Q1 2018 | 4.6 | −0.2 |
| Q4 2017 | 4.7 | −0.1 |
| Q3 2017 | 4.9 | 0.0 |
| Q2 2017 | 4.8 | 0.0 |
| Q1 2017 | 4.8 | −0.2 |
| Q4 2016 | 4.8 | −0.6 |
| Q3 2016 | 4.9 | −0.7 |
| Q2 2016 | 4.8 | −0.8 |
| Q1 2016 | 5.0 | −0.7 |
| Q4 2015 | 5.4 | −0.6 |
| Q3 2015 | 5.6 | −0.7 |
| Q2 2015 | 5.6 | −0.6 |
| Q1 2015 | 5.7 | −0.9 |
| Q4 2014 | 6.0 | −1.1 |
| Q3 2014 | 6.3 | −1.1 |
| Q2 2014 | 6.2 | −1.4 |
| Q1 2014 | 6.6 | −1.5 |
| Q4 2013 | 7.1 | −1.5 |
| Q3 2013 | 7.4 | −1.5 |
| Q2 2013 | 7.6 | — |
| Q1 2013 | 8.1 | — |
| Q4 2012 | 8.6 | — |
| Q3 2012 | 8.9 | — |
| Q2 2012 | 9.0 | −0.8 |
| Q1 2012 | 9.3 | −1.1 |
| Q4 2011 | 9.7 | −1.0 |
| Q3 2011 | 10.0 | −1.0 |
| Q2 2011 | 9.8 | −1.5 |
| Q1 2011 | 10.4 | −1.4 |
| Q4 2010 | 10.7 | −1.2 |
| Q3 2010 | 11.0 | −0.5 |
| Q2 2010 | 11.3 | +0.2 |
| Q1 2010 | 11.8 | +1.1 |
| Q4 2009 | 11.9 | +2.1 |
| Q3 2009 | 11.5 | +3.0 |
| Q2 2009 | 11.1 | +3.4 |
| Q1 2009 | 10.7 | +3.3 |
| Q4 2008 | 9.8 | +3.1 |
| Q3 2008 | 8.5 | +2.6 |
| Q2 2008 | 7.7 | +2.4 |
| Q1 2008 | 7.4 | +2.5 |
| Q4 2007 | 6.7 | +2.0 |
| Q3 2007 | 5.9 | +1.6 |
| Q2 2007 | 5.3 | +1.3 |
| Q1 2007 | 4.9 | +1.1 |
| Q4 2006 | 4.7 | +0.8 |
| Q3 2006 | 4.3 | +0.3 |
| Q2 2006 | 4.0 | +0.2 |
| Q1 2006 | 3.8 | −0.3 |
| Q4 2005 | 3.9 | −0.4 |
| Q3 2005 | 4.0 | −0.3 |
| Q2 2005 | 3.8 | −0.5 |
| Q1 2005 | 4.1 | −0.2 |
| Q4 2004 | 4.3 | −0.2 |
| Q3 2004 | 4.3 | −0.3 |
| Q2 2004 | 4.3 | −0.4 |
| Q1 2004 | 4.3 | −0.6 |
| Q4 2003 | 4.5 | — |
| Q3 2003 | 4.6 | — |
| Q2 2003 | 4.7 | — |
| Q1 2003 | 4.9 | — |
Quarterly · New York Fed Consumer Credit Panel / Equifax
Counties with the highest delinquency scores
There's no county figure for this measure, so this list uses the delinquency part of our County Distress Index.
| Rank | County | Score (0–100) |
|---|---|---|
| 1 | Coahoma County, MS | 99.5 |
| 2 | Washington County, MS | 99.3 |
| 3 | Leflore County, MS | 99.3 |
| 4 | Williamsburg County, SC | 99.2 |
| 5 | Dillon County, SC | 98.9 |
| 6 | Clayton County, GA | 98.9 |
| 7 | Yazoo County, MS | 98.6 |
| 8 | Sunflower County, MS | 98.5 |
| 9 | Marlboro County, SC | 98.4 |
| 10 | Dallas County, AL | 98.3 |
Questions about late payments on all loans
What share of U.S. household debt is delinquent?
The New York Fed counts 4.7% of the debt on credit reports as being in some stage of delinquency in the second quarter of 2026, up from 4.4% a year earlier. That takes in anything 30 or more days late, including charged-off debt lenders still report.
Is this the share of people who are behind on their debts?
No. It is a share of dollar balances, so one large late mortgage counts for more than many small late card balances. People without a credit report are outside it.
What happened to the rate in early 2025?
In the first quarter of 2025, missed federal student loan payments from the pandemic pause began appearing on credit reports again after nearly five years. The New York Fed attributes the change in student-loan delinquency to those payments newly showing up, not to a single quarter of new missed payments.
Where does the total delinquency data come from?
The Federal Reserve Bank of New York's Quarterly Report on Household Debt and Credit, built from a random sample of anonymized Equifax credit reports. It comes out about six weeks after each quarter ends.
Sources and method for the Total Delinquency Rate (All Loan Types)
- New York Fed Consumer Credit Panel / Equifax We use the quarterly figures as published, from the first quarter of 2003 through the second quarter of 2026, with no adjustment of our own. Federal Reserve Bank of New York doesn’t adjust this rate for the season, so compare a quarter with the same quarter a year earlier. Federal Reserve Bank of New York’s report
We write with assistance from AI tools. Figures come from the data and sources named on this page.