Q2 2026 Credit Card Charge-Offs Tick Higher

Joel Rosenthal, VP Credit Collections Business Development & Client Relations
ProVest

Newly released Q2 2026 data show a slight increase in credit card charge-offs, while delinquency rates edged lower.

Charge-Off Rate on Credit Card Loans

New data from the Federal Reserve show that the charge-off rate on credit card loans increased from 3.66% to 3.70%. The charge-off rate continues to be at a level similar to the pre-pandemic period.   

Delinquency Data — The Early Indicator

Credit card delinquency rates, often viewed as an early indicator of future charge-off activity. In Q2, the delinquency rate declined slightly from 2.80% to 2.74%. Over the past 24 months, delinquency rates have been on a gradual downward trend, although they continue to remain above pre-pandemic levels.

Broader Consumer Credit Conditions 

Overall consumer credit conditions improved marginally in Q2. Across major consumer credit categories, the share of household debt that was at least 30 days past due declined to 4.7%, compared with 4.8% in the previous quarter. Early-stage delinquencies increased for auto loans and mortgages, but remained relatively stable for credit cards and other major debt categories.

By: Joel Rosenthal | ProVest
VP Credit Collections Business Development & Client Relations
Joel.Rosenthal@provest.us | (561) 312-7602

About ProVest
ProVest plays a critical role in the legal process by ensuring that defendants in a legal action have been properly served. The company specializes in managing service of process related to creditors’ rights and mortgage defaults, serving millions of documents annually for leading law firms, financial institutions, and insurers. Learn more at www.provest.com.