Mortgages made up over 70 percent of the overall total household debt balance in the United States in the first half of 2024. Student loans and car loans represented around nine percent of the overall household debt balance each. The distribution of household credit has been relatively stable since 2007. HE revolving credit was the type of household lending with the smallest market share, apart from the other category.
Composition of the total household debt balance in the United States from 2003 to 2024, by type of lending
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Statista. (September 4, 2024). Composition of the total household debt balance in the United States from 2003 to 2024, by type of lending [Graph]. In Statista. Retrieved March 17, 2025, from https://www.statista.com/statistics/1341966/composition-of-household-credit-in-the-us-by-type-of-lending/?__sso_cookie_checker=failed
Statista. "Composition of the total household debt balance in the United States from 2003 to 2024, by type of lending." Chart. September 4, 2024. Statista. Accessed March 17, 2025. https://www.statista.com/statistics/1341966/composition-of-household-credit-in-the-us-by-type-of-lending/?__sso_cookie_checker=failed
Statista. (2024). Composition of the total household debt balance in the United States from 2003 to 2024, by type of lending. Statista. Statista Inc.. Accessed: March 17, 2025. https://www.statista.com/statistics/1341966/composition-of-household-credit-in-the-us-by-type-of-lending/?__sso_cookie_checker=failed
Statista. "Composition of The Total Household Debt Balance in The United States from 2003 to 2024, by Type of Lending." Statista, Statista Inc., 4 Sep 2024, https://www.statista.com/statistics/1341966/composition-of-household-credit-in-the-us-by-type-of-lending/?__sso_cookie_checker=failed
Statista, Composition of the total household debt balance in the United States from 2003 to 2024, by type of lending Statista, https://www.statista.com/statistics/1341966/composition-of-household-credit-in-the-us-by-type-of-lending/?__sso_cookie_checker=failed (last visited March 17, 2025)
Composition of the total household debt balance in the United States from 2003 to 2024, by type of lending [Graph], Statista, September 4, 2024. [Online]. Available: https://www.statista.com/statistics/1341966/composition-of-household-credit-in-the-us-by-type-of-lending/?__sso_cookie_checker=failed
