Key facts
- Serious credit card delinquencies increased by 40 basis points in Q1 2026.
- The delinquency rate reached 13.1%, the highest since Q4 2010.
- The current rate is nearing the post-2008 crisis peak of 13.7%.
Rising credit card delinquency rates are a key indicator of consumer financial health. A significant increase, especially nearing post-crisis peaks, suggests growing stress on household budgets, which can lead to reduced spending, higher default rates, and potential broader economic slowdowns. This trend is closely monitored by economists and policymakers.