Total US consumer credit increased by $20.7 billion in May 2026, following a downwardly revised $22.3 billion gain in April and exceeding market expectations for an $18 billion increase. Revolving credit, which includes credit card debt, rose to $1.31 trillion from $1.30 trillion in the previous month, indicating continued growth in short-term consumer borrowing. Meanwhile, nonrevolving credit, which includes auto and student loans, increased to $3.76 trillion from $3.74 trillion. The data pointed to sustained consumer demand for credit despite elevated borrowing costs and a high interest-rate environment.