By Harriet Torry

Household indebtedness continued to climb in the third quarter, with balances continuing to rise for almost all types of borrowing, the Federal Reserve Bank of New York reported Friday.

In the third quarter of this year, total household debt increased for the 17th consecutive quarter to $13.51 trillion, more than 20% above the trough it hit in the second quarter of 2013.

Total mortgage debt was $9.14 trillion in the third quarter. That represented an increase from the second quarter, but it remained below the peak of $9.29 trillion in the third quarter of 2008.

Over the same decade, auto-loan debt jumped to $1.27 trillion from $809 billion and student-loan debt more than doubled to $1.44 trillion from $611 billion.

Both mortgage originations and non-housing debt increased in the third quarter from the prior quarter.

Outstanding student-loan debt, auto-loan balances and credit-card balances all rose, according to the New York Fed report.

Americans are mostly keeping up with their debt payments.

Still, serious delinquency on credit cards rose slightly, with 7.94% of balances 90 or more days delinquent at the end of the quarter, up from 7.88% in the second quarter.

The share of debt considered to be seriously delinquent, meaning payment is at least 90 days late, edged higher for auto loans in the third quarter, to 4.27% from 4.17% in the second quarter. The serious delinquency rate of mortgages improved, dropping to 1.06% from 1.11%.

Younger people struggled a bit more to keep up with their auto-loan payments. The share of auto debt considered to be seriously delinquent, meaning payment is at least 90 days late, among 18-29 year olds increased to 4.18% in the third quarter from 4.13% in the second quarter. Still, that was down from 4.34% in the third quarter of 2017. The share declined for every other age group in that category in the third quarter.

The New York Fed's quarterly report on household debt and credit is based on data from the credit-ratings firm Equifax.

Write to Harriet Torry at harriet.torry@wsj.com

(END) Dow Jones Newswires

November 16, 2018 12:10 ET (17:10 GMT)

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