Subprime demand drives US loan growth to new heights

In February 2026, US loan growth reached unprecedented levels, primarily driven by increased demand for subprime loans. This surge indicates a significant expansion in credit availability to borrowers with lower credit ratings, reflecting a shift in lending practices or borrower behavior. The trend is notable as subprime lending historically carries higher risk, which could have implications for financial stability and consumer debt levels. The data was reported by Business Day (South Africa), highlighting the global interest in US credit market dynamics.