Consumer delinquencies on credit cards, first mortgages and home equity lines of credit grew again in November from the month earlier, according to Equifax Inc.

But consumers have reduced their debt by more than 5% from a year earlier, the credit reporting bureau said, with first mortgage debt down 5.4%, credit card debt off 7.3% and auto loans dropping 9.5%. Overall consumer debt is at the September 2007 level of about $11 trillion, Equifax said.

Credit card delinquencies of 60 days rose to 4.62% in November, from 3.76% a year earlier but remain below May's peak of 4.79%, Equifax said.

Delinquencies on home equity lines of credit climbed to 3.43%, from 3.39% in October and 2.95% a year earlier.

Home mortgage payments at least 30 days late rose to 7.91%, from 7.76% and 5.83%, respectively.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.