US Household Other Consumer Debt Balances (NY Fed)

## What this measures

The "other" category in the New York Fed household debt report: consumer finance loans, retail store loans and other installment credit that do not fall into the mortgage, home equity, auto, credit card or student loan categories. Trillions of dollars, end of quarter.

## Why it matters

It completes the household balance sheet: the six categories in this report sum to total household debt. It also picks up some of the personal-loan borrowing that grew alongside credit cards.

## How to read it

Read the quarterly change and its share of total household debt. It is the smallest category, so small moves in dollars can be large in percent.

## What it does not say

It mixes several loan types and does not separate them. Buy-now-pay-later plans are mostly not reported to credit bureaus and are largely absent.

## Source

Federal Reserve Bank of New York, Quarterly Report on Household Debt and Credit (NY Fed Consumer Credit Panel / Equifax), data workbook Page 3. Palanor downloads the workbook each quarter; every release carries the full history from 2003, so revisions correct themselves.