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US household loan delinquency hits 15-year high
The Kobeissi Letter cites Fed data showing 19.6% of US families reported overdue loan payments in 2025, the highest since 2010, up sharply from 12.2% in 2022.
Key points
- The share of families reporting overdue loan payments rose to 19.6% in 2025, the highest since 2010, per Fed data, up from 12.2% in 2022.
- More than 8.0% of families said they were at least 2 months behind on payments, up from 5.0% in 2022.
- The typical family debt load has remained unchanged since 2022, according to the post.
- One reply notes subprime auto 60+ day delinquencies topped their 2009 peak with unemployment near 4%.
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Original post
US families are falling behind on debt payments.
The percentage of families reporting overdue loan payments surged to 19.6% in 2025, the highest since 2010, according to the Fed data.
This marks a sharp increase from 12.2% recorded in 2022.
This also reverses the gradual improvement between 2013 and 2019, when the percentage declined by -2.6 points.
Furthermore, more than 8.0% of families reported they were at least 2 months behind on payments, up from 5.0% in 2022.
This comes despite the typical family debt load remaining unchanged since 2022, suggesting that more households are struggling to keep up with existing financial obligations.
Americans are falling behind on loan payments at a concerning pace.
Top replies on X
Reaction on X: Replies are largely critical, blaming political leadership and the state of the economy rather than agreeing with the post. One reply adds that subprime auto 60+ day delinquencies topped their 2009 peak even with unemployment near 4%. The original poster did not respond.
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From @CryptoJobOrg, @zdravurr, @PakiMamba101 and others. Spam removed, with English and Chinese translations.
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