Money Matters - Credit Card Delinquency By State

 With the rate of credit card delinquency increasing in all 50 states over the past year, the personal-finance website WalletHub today released its updated report on the States Where Credit Card Delinquency Is Increasing the Most, to identify where people’s credit scores are most in danger.

 

Increasing the Most	Increasing the Least
1. Wyoming	41. South Dakota
2. Rhode Island	42. Alabama
3. Alaska	43. West Virginia
4. Nebraska	44. Tennessee
5. Hawaii	45. Kentucky
6. New Jersey	46. New Mexico
7. Massachusetts	47. Oklahoma
8. Oregon	48. Arkansas
9. Delaware	49. North Dakota
10. Ohio	50. Mississippi

 
For the full report and to see where your state ranks, please visit:
https://wallethub.com/edu/states-where-credit-card-delinquency-is-increasing-most/131750



“Long-term credit card delinquency can lead to large drops in your credit score, so it’s imperative to get your account current as quickly as you can. The good news is that if you manage to get current before 30 days have passed, your delinquency will not be reported to the credit bureaus. If you’ve been delinquent for a significant period of time, there are other strategies you can pursue in order to get back on track, such as hardship programs, strategic budgeting, and consolidating debt.”
---
“Credit card delinquency is increasing the most in Wyoming, as the state’s residents were delinquent on nearly 54% more credit cards in Q3 2024 than they were during Q3 2023. Wyoming residents’ trouble making credit card payments is exacerbated by the fact that they have very large credit card debts in general. High levels of debt coupled with high interest rates can easily lead to increased levels of delinquency.”

 
- Chip Lupo, WalletHub Analyst 


More From WalletHub

• Credit Card Delinquency Rates and Charge-Offs
• States Where People Are the Most Delinquent on Debt
• States Where Student Loan Delinquency Is Increasing the Most
• States With the Most People in Financial Distress
• States With the Largest and Smallest Credit Card Debt Increases
• States With the Best & Worst Budgeters