Nearly 1 in 5 U.S. families fell behind on debt payments in 2025, Fed says
A Federal Reserve survey found almost 20% of U.S. households missed loan payments in 2025, the highest rate since 2010 despite income and wealth gains.
Many American families are finding it harder to keep up with their bills, according to a new report from the Federal Reserve. The survey found that more households fell behind on loan payments in 2025 than at any time since the country was recovering from the Great Recession more than a decade ago.