Debt and arrears are both expected to escalate in the US in 2026, Lending Tree has predicted.
The online lending marketplace comically wrote: “Debt is going to grow, in part because that’s just what it does in America.
“Predicting rising debt is about as bold as predicting the sun to set in the west.
“Meanwhile, delinquencies will likely continue to rise, as Americans struggle with stubbornly high prices. “
The US market is still unlikely to crash next year however, barring a major spike in unemployment.
This is because the percentage of income Americans spend on debt is still low by historic averages.
It’s unlikely a 50-year mortgage will come to market in the states next year, Lending Tree predicted, despite US President Donald Trump floating the idea.
Such a mortgage would be controversial, as it would result in people paying far more interest over the course of the loan.
However even if it came to market that would likely take years.