Credit ND For Paying On Our Credit Cards!
Try telling your partner that right?!
Well you easily can- all you have to do is just "share" this story with them.
Our buddies at survey site WalletHub have been cracking the credit card debt of all fifty states. They've combined a great wealth of information and some pretty spiffy graphics too! All of that can be found right here.
2020 continues to surprise. If the United States continues see a slight reduction in credit card debt through the end of the year, than this year will be the first since 2009 to see a decrease in debt.
So which state holds the highest "household credit card debt"? Alaska wins but Hawaii is a close "honorable mention" at second place. Probably pretty obvious to anyone that has lived in either state- food is expensive and you've gotta fly to get anywhere. Alaska households are currently carrying an average of $11,250! That's a lot of mukluks! Hawaii ain't so far behind with nearly $11,000 in family card debt. That's a lot of floral leis!
Way to go North Dakota, you're pretty low on the credit card debt chart with a household average of $6,655. Only 2 other states carry less on their cards then we do...those two "cheap-states" are Iowa ($6,175) and Vermont ($6,249). Having 6 grand in credit card debt may not have made your grand-pappy proud, but for many it's the price of doing business.
I would have thought all the on-line COVID shopping would have driven our national credit card debt higher. But I reckon there was a heckuva lot less airline miles, hotel stays, and rental cars.
Check out the full article here and see how your household stands up.