Plenty of Americans struggle to pay down debt — from credit card debt to personal loans and car loans — and rising balances can quickly catch up with your ability to pay. As of the third quarter of 2025, Americans held a total $5.09 trillion in non-housing debt, according to the latest Federal Reserve Household Debt and Credit Report. And that debt is rising for many Americans: Not only has total non-housing debt increased by$130 billion over the past year, but transitions into delinquency, including ser ...