In the second quarter of 2026, consumer credit growth slowed over the quarter and was lower than a year ago. According to the Federal Reserve’s G.19 Consumer Credit Report, total outstanding U.S. consumer credit reached $5.17 trillion in the second quarter of 2026. This marked a 2.60% increase at a seasonally adjusted annual rate (SAAR) from the first quarter. Compared to a year ago, the total outstanding credit amount was 2.43% higher.  Nonrevolving Credit   Nonrevolving credit, which is primarily made up of student and auto…