The U.S. Now Has: 1. Record 18.0 trillion in household debt 2. Record 12.6 trillion in mortgages 3. Record 1.7 trillion in auto loans 4. Near record 1.6 trillion in student loans 5. Record 1.2 trillion in credit card debt Total household debt is now up ~55% over the last 10 years and total credit card debt is up 50% since 2020. Meanwhile, delinquency rates on credit cards and auto loans are nearing highs seen in 2008. Consumers have never had more debt.