The news: While delinquencies for auto and credit card payments declined over February, serious delinquencies for mortgages and unsecured personal loans rose, per a TransUnion Credit Industry Snapshot report for February 2026.

• Auto payments that were 60 days past due declined to 1.76%.
• Bankcard payments that were 90 days past due slid to 2.61%.
• Mortgage payments that were 90 days past due rose to 1.61%.
• And unsecured personal loans payments that were 60 days past due increased to 4.17%.

How we got here: Consumers are facing tightening budgets with little room for error. Mortgage delinquencies rose off an already weak January, nearly repeating last month’s worsening in every stage of repayment and borrower class.

The delinquency rates for unsecured personal loans may reflect the deepening financial straits of subprime consumers who took out personal loans—and who made up the largest proportion of loans in Q3 2025. Consumers may be prioritizing staying on top of high APR credit cards and auto loans to insure transportation for work.

Implications for payment providers: A subset of subprime consumers are drowning under the rising cost of living crisis with narrowing options for sources of credit. Tools like Cash App’s credit scoring for loan underwriting for tinier loans may be a boon to these consumers who will be looking for small ways to make ends meet under worsening economic conditions.