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Report: 4 Largest States Carrying Highest Credit Card Debt

May 29, 2018 - 10:40 am
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DALLAS (1080 KRLD/AP) — Everything is bigger in Texas, including our credit card debt. 

A report released this morning found Texas carries the second highest total amount of debt, the plastic kind. Texans had racked up about $67.3 billion in debt by the end of last year, followed by Florida with $59.2 billion and New York with $58.1 billion.

New York State democratic Comptroller Thomas DiNapoli says in a report released Tuesday that Californians had racked up more than $106.8 billion in credit card debt by the end of 2017.

Rounding out the top 10 are Pennsylvania ($33.2 billion), Illinois ($32.2 billion), New Jersey ($29.6 billion), Ohio ($26.7 billion), Virginia ($26.5 billion) and Georgia ($26.3 billion).

DiNapoli says the totals were based on statistics compiled in February by the Federal Reserve Bank of New York.