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Household Debt and Credit Report
The Federal Reserve Bank of New York's Household Debt and Credit Report provides a quarterly snapshot of household trends in borrowing and indebtedness, including data about mortgages, student loans, credit cards, auto loans and delinquencies. The report aims to help community groups, small businesses, state and local governments and the public to better understand, monitor and respond to trends in borrowing and indebtedness at the household level.

The Quarterly Report on Household Debt and Credit for the first quarter of 2013 indicates that outstanding household debt decreased by $110 billion, or 1.0 percent, driven largely by declines in housing and credit card balances.


Aggregate consumer debt declined in the first quarter, by $110 billion, resuming the longer-term downward trend. As of March 31, 2013, total consumer indebtedness was $11.23 trillion, 1.0 percent lower than its level in the fourth quarter of 2012. Overall consumer debt remains considerably below its peak of $12.68 trillion in the third quarter of 2008.