The states with the highest credit card debt – how to take control of your debt

The US states where credit card debt is at its highest have been revealed as the coronavirus pandemic continues to impact the way households are having to manage their finances. Americans already owed over $1 trillion on credit cards at the start of 2020, but with the COVID-19 outbreak wreaking havoc with personal finances in the form of permanent unemployment and temporary lay offs, a further net increase of $80 billion is projected for this year. 

As with most things money-related, however, not everyone is equal, with those in certain states more susceptible to credit card debt than others, increasing the chances they will require the services of debt consolidation companies at some point in the future. 

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