How much non-mortgage debt do households carry?
Total consumer credit owned and securitized, seasonally adjusted, from the Federal Reserve’s G.19 release: revolving credit plus nonrevolving loans such as auto and student loans.
Consumer credit excludes loans secured by real estate. Federal student loans are a large part of the nonrevolving total, so changes in federal lending policy show up here.
Source: Federal Reserve G.19 via FRED (TOTALSL). Updated automatically when the source publishes. How we handle data · Embed this chart
A short email after each month’s inflation and jobs data: what changed, what it means for a household budget, and nothing else.