Private credit in the U.S. reaches US$1.4 trillion, posing challenges for digital collections

Private credit already accounts for a significant share of corporate financing in the United States. In the second half of 2025, loans in this segment totaled roughly US$1.4 trillion, equivalent to 10% of the debt of the country's non-financial companies, according to the financial stability report published by the Federal Reserve. The trend poses challenges for digital collections.