Equifax sees resilient consumer spending ahead of holiday season

• Equifax's analysis highlights resilient holiday spending but rising financial pressure among vulnerable borrowers, requiring closer lender monitoring.
• Personal loan originations increased more than 26% year over year, while home equity line of credit utilization rose 6.6%.
• Bank card utilization declined nearly 3% year over year but has remained around 20.34% since August 2023.
• Subprime borrowers' utilization is in the 70% range, with credit card utilization expected to rise particularly among younger consumers and financing-constrained borrowers.
• Lenders should track segment-level utilization and credit line increase requests as home equity borrowing increasingly funds emergencies and potentially holiday purchases.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Equifax Inc. published the original content used to generate this news brief on November 12, 2026, and is solely responsible for the information contained therein.