TransUnion on Dec. 10 released its 2026 Consumer Credit Forecast, projecting auto loans, accounts 60+ DPD
(days past due), are expected to reach 1.54% (+3 bps YoY), marking the fifth straight year of higher delinquencies—though each increase has become progressively smaller.
The forecast projects credit card balances to grow 2.3% year over year (YoY)—the smallest annual increase since 2013, excluding 2020 when pandemic relief programs caused a decline. This moderation reflects consumers navigating persistent economic uncertainty as lenders maintain disciplined underwriting standards.
The forecast reflects a complex backdrop: inflation remains above target at 2.45%, and unemployment is expected to rise slightly to 4.5% by late 2026, which could put strain on household budgets for certain borrowers. At the same time, multiple anticipated Federal Reserve rate cuts over the next year should ease borrowing costs and provide some relief to consumers.
