U.S. Household Debt Surges to $18.39T in Q2 2025

Americans now owe a record $18.39 trillion in household debt, according to a WalletHub report and New York Fed data. Mortgage balances climbed by $20 billion to $12.94 trillion, while credit card debt hit $1.21 trillion. Student loans declined slightly to $1.64 trillion, and auto loans showed mixed trends across sources. For many families, this means mounting stress and fewer financial options. Subscribe to our newsletter to stay informed with the latest news from a leading Black-owned & controlled media company: https://aurn.com/newsletter Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.