U.S. Household Revolving Credit Surges
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AI-assisted source synthesis · not an independent investigation.
On November 7, 2026, PYMNTS, citing the Federal Reserve’s G.19 report, reported that U.S. revolving credit (including credit cards) grew at an annualized rate of 14.5% in September, accounting for more than half of the $28 billion increase in consumer credit. During the same period, total U.S. consumer credit rose to $5.224 trillion, growing at a seasonally adjusted annual rate of 6.4%, up from 1.9% in August. The growth rate of nonrevolving credit fell to 3.6%. The report showed that revolving credit grew significantly faster than nonrevolving credit and became the main component of the monthly increase in consumer credit.
AI-written from reports · updated 2 days ago
Timeline
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- PYMNTSSpending under pressure as revolving credit card debt rises sharply
The Federal Reserve’s G19 report showed that revolving credit, including credit cards, grew at an annual rate of 14.5% in September, accounting for more than half of the $28 billion increase in consumer credit. Total consumer credit rose to $5.224 trillion, growing at a seasonally adjusted annual rate of 6.4%, up from 1.9% in August; non-revolving credit growth fell to 3.6%.
Heat over time
Current heat 3·Peak over the comparable range 10 (Nov 7 09:00)·Change over the comparable range in the last 24 hours -51%
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