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Consumer Credit Growth: where it stands right now.

2.10% -0.20 vs prior month May 2026 · updated monthly

Consumer credit growth is at 2.10%, a moderate pace that's picked up from the near-zero levels earlier this year but remains below last summer's peaks. Growth has stabilized recently after a volatile stretch, suggesting consumers are borrowing at a steady, sustainable rate.

The trend since 2019.

The current read: Consumer Credit Growth is at 2.10% as of May 2026. Source: FRED/BEA via Indicators IQ.

Why it matters.

Credit growth affects your ability to borrow for big purchases and tells you whether the economy is expanding or contracting. When it slows too much, it signals financial stress among households like you—when it accelerates sharply, it can warn of overheating inflation.

Where it fits.

Consumer Credit Growth feeds the Credit view — one of the six areas behind the site's Macro IQ score.