Overall credit card debt has risen for five consecutive quarters,according to CNN.

“Consumers who have student loans will definitely have a payment shock,” Raneri said.

“So I think there’s a real probability that we’ll see additional delinquency.”

Other debt – including consumer loans and retail credit cards – jumped $15 billion.

Total household debt, meanwhile, is at $17.06 trillion, an increase of $16 billion.

That figure has spiked $2.9 trillion since the end of 2019, before the COVID-19 pandemic.