Buffer Depletion

Total Revolving Credit Outstanding

Total revolving credit (primarily credit cards) outstanding

What is the current Total Revolving Credit Outstanding?

TOTAL REVOLVING CREDIT
$1.3T
in revolving credit outstanding
One year ago
$1.3T ↑ Worsening
up $23.3B since Feb 2025

Total Revolving Credit Outstanding: $1.3T as of 2026-02, and holding steady. Source: Federal Reserve via FRED.

Revolving credit has climbed 22% since 2019 to $1.33 trillion

Federal Reserve data. Credit card lines, HELOCs, and other revolving products are expanding as consumers rely more on flexible borrowing to bridge income gaps.

Source: Federal Reserve via FRED · Latest: 2026-02

Explore Further

How has Total Revolving Credit Outstanding changed over time?

CSV Chart Card
Revolving credit has set new records each quarter
Total U.S. revolving credit outstanding, billions
Total Revolving Credit Outstanding
Historical data
Monthly · Federal Reserve via FRED
Period Value YoY Change
Feb 2026 $1.3T +$23.3B
Jan 2026 $1.3T +$24.9B
Dec 2025 $1.3T +$27.4B
Nov 2025 $1.3T −$25.9B
Oct 2025 $1.3T −$35.3B
Sep 2025 $1.3T −$29.8B
Aug 2025 $1.3T −$32B
Jul 2025 $1.3T −$27.1B
Jun 2025 $1.3T −$29.1B
May 2025 $1.3T −$31.6B
Apr 2025 $1.3T −$23.8B
Mar 2025 $1.3T −$28.1B

Frequently Asked Questions

What is Total Revolving Credit Outstanding?

Total revolving credit (primarily credit cards) outstanding

Why does Total Revolving Credit Outstanding matter for financial distress?

Total Revolving Credit Outstanding is one of the indicators tracked by the American Distress Index (ADI), which measures five dimensions of U.S. household financial distress: Buffer Depletion, Debt Stress, Financial Conditions, Cost Pressure, and Labor Market disruption. Changes in this indicator contribute to the overall distress picture.

Where does the Total Revolving Credit Outstanding data come from?

This data comes from Federal Reserve via FRED. More information: https://fred.stlouisfed.org/series/REVOLSL. The American Distress Index updates this indicator monthly.

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Why does Total Revolving Credit Outstanding matter?

Total Revolving Credit Outstanding is one of 91 indicators in the American Distress Index's buffer depletion layer — the signal that predicted the 2008 crisis two years before delinquency data confirmed it.
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