More Americans Have Access to Credit While Debt Growth Has Moderated

TransUnion's Q2 2026 Credit Industry Insights Report shows consumer credit remains widely available with 262 million consumers carrying balances and total outstanding balances reaching $18.6 trillion (+2.8% YoY). While credit access expanded across all segments, delinquency rates remained relatively stable despite affordability pressures. Credit card originations grew 11.8% YoY, personal loan balances hit a record $281 billion, and mortgage originations rose 26% YoY, though auto loan affordability challenges persist with monthly payments up 38.7% since 2019.