Ranking the States: Credit Card Debt

August 20, 2013
Washington Post  
credit card news

Data compiled by credit rating agency TransUnion shows that Alaska has the highest rate of credit card debt in the United States, owing an average of $6,910 -- nearly $2,000 more than the national average. Other states with above-average credit card debt include Colorado, Connecticut, North Carolina, and New Jersey. These states all carried at least $500 more in debt than the U.S. average of $4,965.

Of the 10 states with the lowest average amounts of credit card debt, six are in the Midwest, including the bottom four: Iowa, the Dakotas, and Nebraska. Credit card delinquencies fell slightly in the second quarter of 2013, TransUnion reported last week.

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