Data through: Q2 2026 · updated Aug 26 · Updates: Quarterly
↓ 0.1 pp YoY
Historical context: Currently in the 6th percentile — near historically low/favorable levels.
What this means right now: All-loans delinquency is low — in the bottom band of the record since 1985 (24 of 166 quarters). Credit stress across the bank lending book is limited.
All-Loans Delinquency Rate (Banks) — the last 8 quarters
Every quarter's reading, with the band the heatmap gives it. The chart above shows the same series in full.
Quarter
Value
Band
Q2 2026
1.38%
Healthy reading
Q1 2026
1.46%
Healthy reading
Q4 2025
1.50%
Within normal range
Q3 2025
1.44%
Healthy reading
Q2 2025
1.44%
Healthy reading
Q1 2025
1.53%
Within normal range
Quarter-end readings of the same series as the chart. Values are the current record, not point-in-time: a month that has since been revised shows its revised value.
What is the All-Loans Delinquency?
This series measures the percentage of ALL loans at all US commercial banks that are 30 or more days past due (FRED: DRALACBN). It combines every loan category: residential and commercial real estate, credit cards, other consumer loans, and commercial and industrial lending. It is quarterly and, unlike its sibling delinquency series on this site, not seasonally adjusted. A note on this page's history: this indicator was previously titled "Auto Loan Delinquency" — the underlying data has always been the all-loans series; the title was corrected in July 2026 (the data itself is unchanged). As the broadest bank-loan delinquency measure, it summarizes credit stress across the whole lending book rather than any single borrower segment.
How We Color-Code the All-Loans Delinquency
Our heatmap colors this indicator against historically significant thresholds:
Below 1.00%
Very low — not reached in the 166 quarters since 1985 (the low is 1.18%, in Q2 2022)
1.00% – 1.50%
Low — 24 of the 166 quarters since 1985; the bank lending book is performing well
1.50% – 2.00%
Moderate — 28 of the 166 quarters since 1985; some borrowers across the lending book are falling behind
2.00% – 3.00%
Elevated — 52 of the 166 quarters since 1985; meaningful stress across the lending book
3.00% or above
High — 62 of the 166 quarters since 1985, all in 1985–94 and 2008–14; the record peak is 7.45% (Q1 2010)
Historical Extremes — What Happened Next?
When this indicator reaches extreme levels, history shows consistent patterns:
Q1 2010Financial Crisis Peak
7.45%
The highest all-loans delinquency rate in the record since 1985 — as unemployment peaked at 10.0% in October 2009, borrowers across every loan category fell behind.
Q3 2021COVID Stimulus Low
1.27%
Near-historic low as government stimulus checks and enhanced unemployment benefits temporarily eliminated consumer financial stress.
Q4 2024Post-COVID rise
1.55%
The highest quarter since 2023 — still in the bottom quarter of the 166 quarters since 1985. The rate had eased by Q2 2026.
Frequently Asked Questions
Why is all-loans delinquency a useful read of credit stress?
It is the broadest delinquency measure on this site: every loan category at every US commercial bank, 30 or more days past due, in one rate. A single category can rise for reasons of its own while this rate barely moves. Credit-card delinquency roughly doubled between 2021 and 2024, to 3.22%. Over the same years the all-loans rate rose only to 1.55%. Real estate loans are a large share of the book, though, so a housing bust does show here: the 2008–10 bust took the rate to 7.45% in Q1 2010, the highest on record.
How have loan delinquencies behaved since COVID?
They rose from a record low of 1.18% in Q2–Q3 2022 to 1.55% in Q4 2024 — a range that sits in the bottom quarter of the record since 1985. The latest reading, for the quarter beginning Apr 2026, is 1.38%. There has been no post-COVID delinquency surge in the all-loans series.
What happens when all-loans delinquency is very high?
Banks set aside provisions against expected losses, charge off the loans that do not cure, and tighten lending standards, which reduces the credit available to households and businesses. The episodes at or above 3.00% in 1985–94 and 2008–14 each contained a recession and several years of recovery.
How does all-loans delinquency relate to unemployment?
Job loss is the main reason households and businesses fall behind on loans. The highest rate on record, 7.45%, came in Q1 2010, after unemployment peaked at 10.0% in October 2009, and the 1990–91 recession pushed the rate to 6.28%. The 2020 spike in unemployment, cushioned by stimulus, barely registered. The rate's highest quarter that year was 1.62%, at the end of 2020, against 1.45% a year earlier.
How does this series relate to the other delinquency series on the site?
The aggregate DRALACBN series from FRED tracks delinquency across all loans at commercial banks, blending every borrower and loan type. The site's mortgage, commercial real estate, business-loan and consumer-loan delinquency series are parts of it (credit cards are part of consumer loans), each moving on its own cycle. Farm loans, leases and other lending make up the rest. The all-loans rate is the weighted result, so one category can be deteriorating sharply while this number moves little.