New Serious Delinquency Rate, Borrowers Age 60 to 69
Share of the age group's debt newly 90 or more days late, four quarters to each quarter
Where the New Serious Delinquency Rate, Borrowers Age 60 to 69 stands now
The New Serious Delinquency Rate, Borrowers Age 60 to 69 was 1.7% in the second quarter of 2026. Since 2000 it has ranged from 0.6% in the third quarter of 2021 to 5.1% in the third quarter of 2009.
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How the New Serious Delinquency Rate, Borrowers Age 60 to 69 has moved since 2000
New Serious Delinquency Rate, Borrowers Age 60 to 69: down since 2025
Percent of the age group's balances that went 90 or more days late over the previous four quarters, Federal Reserve Bank of New York Consumer Credit Panel / Equifax: 1.7% in the second quarter of 2026, down from 2.1% a year earlier. Quarterly, 2000–2026.
What the New Serious Delinquency Rate, Borrowers Age 60 to 69 measures
Measurement basis: The share of the debt held by borrowers age 60 to 69 that turned seriously delinquent, meaning 90 or more days late, during the latest four quarters, taken from the New York Fed's Quarterly Report on Household Debt and Credit, Page 24 Data ('Transition into Serious Delinquency (90+) by Age'). All loan types are pooled, and the figure is a four-quarter moving sum, so each quarter's reading describes a full year. Underlying data: the Consumer Credit Panel, a 5 percent sample of Equifax files, excluding borrowers without a recorded birth year. Dated to quarter end; the New York Fed revises history every quarter.
A higher rate is worse for households.
New Serious Delinquency Rate, Borrowers Age 60 to 69 by quarter, 2000 to 2026
| Quarter | Rate (%) | Change from a year earlier (percentage points) |
|---|---|---|
| Q2 2026 | 1.7 | −0.4 |
| Q1 2026 | 2.0 | +0.3 |
| Q4 2025 | 2.4 | +1.3 |
| Q3 2025 | 2.2 | +1.1 |
| Q2 2025 | 2.1 | +1.0 |
| Q1 2025 | 1.7 | +0.7 |
| Q4 2024 | 1.1 | +0.1 |
| Q3 2024 | 1.1 | +0.2 |
| Q2 2024 | 1.1 | +0.3 |
| Q1 2024 | 1.0 | +0.2 |
| Q4 2023 | 1.0 | +0.2 |
| Q3 2023 | 0.9 | +0.2 |
| Q2 2023 | 0.8 | +0.1 |
| Q1 2023 | 0.8 | +0.1 |
| Q4 2022 | 0.8 | +0.1 |
| Q3 2022 | 0.7 | +0.1 |
| Q2 2022 | 0.7 | 0.0 |
| Q1 2022 | 0.7 | 0.0 |
| Q4 2021 | 0.7 | −0.3 |
| Q3 2021 | 0.6 | −0.7 |
| Q2 2021 | 0.7 | −0.7 |
| Q1 2021 | 0.7 | −0.9 |
| Q4 2020 | 1.0 | −0.6 |
| Q3 2020 | 1.3 | −0.1 |
| Q2 2020 | 1.4 | 0.0 |
| Q1 2020 | 1.6 | +0.1 |
| Q4 2019 | 1.6 | +0.2 |
| Q3 2019 | 1.4 | −0.1 |
| Q2 2019 | 1.4 | −0.1 |
| Q1 2019 | 1.5 | 0.0 |
| Q4 2018 | 1.4 | −0.1 |
| Q3 2018 | 1.5 | 0.0 |
| Q2 2018 | 1.5 | 0.0 |
| Q1 2018 | 1.5 | 0.0 |
| Q4 2017 | 1.5 | 0.0 |
| Q3 2017 | 1.5 | +0.1 |
| Q2 2017 | 1.5 | +0.2 |
| Q1 2017 | 1.5 | +0.1 |
| Q4 2016 | 1.5 | +0.3 |
| Q3 2016 | 1.4 | +0.1 |
| Q2 2016 | 1.3 | −0.1 |
| Q1 2016 | 1.4 | 0.0 |
| Q4 2015 | 1.2 | −0.6 |
| Q3 2015 | 1.3 | −0.6 |
| Q2 2015 | 1.4 | −0.5 |
| Q1 2015 | 1.4 | −0.7 |
| Q4 2014 | 1.8 | −0.4 |
| Q3 2014 | 1.9 | −0.5 |
| Q2 2014 | 1.9 | −0.7 |
| Q1 2014 | 2.1 | −0.6 |
| Q4 2013 | 2.2 | −0.7 |
| Q3 2013 | 2.4 | −0.6 |
| Q2 2013 | 2.6 | −0.8 |
| Q1 2013 | 2.7 | −0.8 |
| Q4 2012 | 2.9 | −0.6 |
| Q3 2012 | 3.0 | −0.6 |
| Q2 2012 | 3.4 | +0.1 |
| Q1 2012 | 3.5 | −0.1 |
| Q4 2011 | 3.5 | −0.4 |
| Q3 2011 | 3.6 | −0.5 |
| Q2 2011 | 3.3 | −1.1 |
| Q1 2011 | 3.6 | −1.2 |
| Q4 2010 | 3.9 | −1.2 |
| Q3 2010 | 4.1 | −1.0 |
| Q2 2010 | 4.4 | −0.5 |
| Q1 2010 | 4.8 | +0.5 |
| Q4 2009 | 5.1 | +1.0 |
| Q3 2009 | 5.1 | +1.4 |
| Q2 2009 | 4.9 | +1.5 |
| Q1 2009 | 4.3 | +1.0 |
| Q4 2008 | 4.1 | +1.5 |
| Q3 2008 | 3.7 | +1.6 |
| Q2 2008 | 3.4 | +1.7 |
| Q1 2008 | 3.3 | +1.9 |
| Q4 2007 | 2.6 | +1.3 |
| Q3 2007 | 2.1 | +0.9 |
| Q2 2007 | 1.7 | +0.4 |
| Q1 2007 | 1.4 | 0.0 |
| Q4 2006 | 1.3 | 0.0 |
| Q3 2006 | 1.2 | −0.1 |
| Q2 2006 | 1.3 | −0.1 |
| Q1 2006 | 1.4 | +0.1 |
| Q4 2005 | 1.3 | −0.1 |
| Q3 2005 | 1.3 | −0.1 |
| Q2 2005 | 1.4 | 0.0 |
| Q1 2005 | 1.3 | −0.4 |
| Q4 2004 | 1.4 | −0.4 |
| Q3 2004 | 1.4 | −0.4 |
| Q2 2004 | 1.4 | −0.4 |
| Q1 2004 | 1.7 | +0.1 |
| Q4 2003 | 1.8 | 0.0 |
| Q3 2003 | 1.8 | −0.2 |
| Q2 2003 | 1.8 | −0.1 |
| Q1 2003 | 1.6 | −0.3 |
| Q4 2002 | 1.8 | +0.3 |
| Q3 2002 | 2.0 | +0.6 |
| Q2 2002 | 1.9 | +0.7 |
| Q1 2002 | 1.9 | +0.8 |
| Q4 2001 | 1.5 | +0.4 |
| Q3 2001 | 1.4 | +0.4 |
| Q2 2001 | 1.2 | +0.1 |
| Q1 2001 | 1.1 | 0.0 |
| Q4 2000 | 1.1 | — |
| Q3 2000 | 1.0 | — |
| Q2 2000 | 1.1 | — |
| Q1 2000 | 1.1 | — |
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 new serious delinquency for borrowers aged 60 to 69
What does the rate cover for borrowers in their sixties?
The portion of debt held by people age 60 to 69 that turned 90 or more days late over the latest four quarters, across mortgages, car loans, cards, student loans and other consumer debt.
Why can debt be harder to clear at this age?
Earning years are ending, and until Medicare begins at 65 a hospital stay can land on a credit card. An owner can draw on a home equity line or a reverse mortgage; a renter has no such option.
Does the figure include mortgages that were supposed to be paid off?
Yes. Any mortgage still open for a borrower in this age group is part of the balances measured, including loans refinanced or taken out late in a working life.
How is the age determined?
From the borrower's birth year in the New York Fed Consumer Credit Panel, a 5 percent sample of Equifax files. Borrowers with no birth year on record are not counted.
Sources and method for the New Serious Delinquency Rate, Borrowers Age 60 to 69
- New York Fed Consumer Credit Panel / Equifax Measurement basis: The share of the debt held by borrowers age 60 to 69 that turned seriously delinquent, meaning 90 or more days late, during the latest four quarters, taken from the New York Fed's Quarterly Report on Household Debt and Credit, Page 24 Data ('Transition into Serious Delinquency (90+) by Age'). All loan types are pooled, and the figure is a four-quarter moving sum, so each quarter's reading describes a full year. Underlying data: the Consumer Credit Panel, a 5 percent sample of Equifax files, excluding borrowers without a recorded birth year. Dated to quarter end; the New York Fed revises history every quarter. We use the quarterly figures as published, from the first quarter of 2000 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.