"Delinquency rates across most products have held steady over the past two years," said Joelle Scally, Economic Policy Advisor at the New York Fed. Credit card balances increased by USD 21 billion during the quarter to reach USD 1.263 trillion, marking a USD 54 billion annual increase. Credit card serious delinquency transition rates reached 6.97 per cent, compared to 6.93 per cent recorded in Q2 2025. Auto loan balances grew by USD 28 billion to USD 1.713 trillion, representing a USD 58 billion annual expansion, as auto loan originations picked up to USD 211 billion. Student debt balances decreased by USD 7 billion to USD 1.651 trillion, though annual figures reflected a USD 13 billion increase.