US families are falling behind on debt payments – The Kobeissi Letter
The percentage of families reporting overdue loan payments surged to 19.6% in 2025, the highest since 2010, according to the Fed data.
This marks a sharp increase from 12.2% recorded in 2022.
This comes despite the typical family debt load remaining unchanged since 2022, suggesting that more households are struggling to keep up with existing financial obligations.