Nearly one in five U.S. families fell behind on loan payments in 2025, the highest share since 2010, as debt-payment burdens also increased
U.S.Business
The share of U.S. families reporting that they were late on a loan payment during the preceding year climbed to 19.6% in 2025, up from 12.2% in 2022, according to the Federal Reserve’s Survey of Consumer Finances. The 2025 figure was the highest since 2010.
The survey tracks family finances, including debt and payment experiences, and compares results across three-year intervals.
The Federal Reserve also found that the share of families spending more than 40% of their income on debt payments rose to 8.6% in 2025, from 6.5% in 2022.
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