Residents' short-term consumer loan balance has fallen below 9.5 trillion yuan, the lowest in three years.

Our country's residents are continuously reducing their short-term consumer debt leverage. Journalists consulted the balance sheet of the People's Bank of China's financial institutions in both domestic and foreign currencies over the past three years, and found that by the end of 2025, the balance of household short-term consumer loans had dropped to 9490.77 billion yuan as of the end of December 2025, a decrease of 7061.91 billion yuan from the end of the previous year, a decrease of 6.93%. In March 2025, the balance of short-term consumer loans for residents in our country was 10000.39 billion yuan, which was the last time it exceeded 1 trillion yuan. In the following nine months, the balance of short-term consumer loans for residents continued to decline, falling to below 9500 billion yuan by the end of December 2025. This is the first time in three years that the balance of short-term consumer loans for residents has dropped below the 9500 billion yuan mark, and it is the lowest point in the past three years.