Our Q4 2025 Credit Risk Quarterly is now available!
Consumer credit performance remains broadly stable—but not universally so. Early-2025 credit card delinquencies are tracking 2022, the weakest vintage in recent memory. Policy uncertainty and uneven consumer strength also continue to cloud near-term risk visibility.
Please reach out to any of our authors: Scott Barton, Walker Flythe, Zoe Svec, Pallavi Vemuri, or Callum Williams if you have any questions or want to discuss the latest industry trends.