April 2025 Consumer Credit: Trends at a Glance

The April Market Pulse webinar showcased insights from Equifax Senior Advisor David Sojka concerning current consumer credit trends. While this overview is meant to be a snapshot of the larger discussion, you can receive full access to the standard charts and graphs by reaching out to the Equifax Advisory team: RiskAdvisors@Equifax.com.

April 2025 Key Insights: The Latest Consumer Credit Trends 

Through December 2024 consumer originations rose year-over-year across several lending categories, but the card products were lower year-over-year.¹

As of February 2025, outstanding mortgage and revolving consumer debt continue to climb year-over-year, while non-revolving has slowed.²

As of February 2025, non-mortgage consumer debt outstanding has increased for auto, bankcards and personal loans year-over-year. Student loans and private label cards continue to be lower.²

February 2025 saw utilization decrease slightly for an increased bankcard credit limit. Home equity metrics continue to increase, while private label card metrics are mixed.²

February 2025 delinquencies for auto and mortgage increased year-over-year, confirming continued consumer stress. Bankcard and personal loans improved year-over-year.²

Keep Your Business Goals Within Sight

Reach out to the Equifax Risk Advisory team at RiskAdvisors@Equifax.com for full access to the standard charts and graphs referenced in this report.  

We hope you will join us for our May 2025 Market Pulse webinar taking place on Thursday, May 15, 2025, where we discuss how global pressures are rippling through industries, consumers, and small businesses. To ask questions in real time and gain deeper insights before anyone else, you must be there. Don’t miss it!

Find our monthly Small Business Insights, National Consumer Credit Trends reports, the Market Pulse podcast, and more at our Market Pulse hub. 

Interested in a complimentary 60-minute advisory session with a member of the Equifax Advisor team that provides timely insights into how the current economic and credit landscape applies to your business? Sign up for a complimentary session today.

Broaden your perspective with insights that inspire bold innovation, confident adaptation, and decisive leadership through Trend and Insights. 

Finally, connect with us on YouTube and LinkedIn for even deeper insights.

Sources:

1. Equifax US National Consumer Credit Trends Originations Report from Mar 2025 - Data through Dec 2024

2. Equifax US National Consumer Credit Trends Portfolio Report from Mar 2025 - Data as of Feb 2025

(c) Equifax Inc. 2025. All Rights Reserved. The statistics provided herein are for informational and illustrative purposes only and shall not be used for any other purpose.

*The opinions, estimates, and forecasts presented herein are for general information use only. This material is based upon information that we consider to be reliable, but we do not represent that it is accurate or complete. No person should consider distribution of this material as making any representation or warranty with respect to such material and should not rely upon it as such. Equifax does not assume any liability for any loss that may result from the reliance by any person upon any such information or opinions. Such information and opinions are subject to change without notice. The opinions, estimates, forecasts, and other views published herein represent the views of the presenters as of the date indicated and do not necessarily represent the views of Equifax or its management.