Credit Card Debt Spikes In Hawaii As Economy Falters
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Credit Card Debt Spikes In Hawaii As Economy Falters Experian said all 50 states plus Washington, DC, saw an increase in its average credit card debt on a YoY basis. Hawaii had an average credit card debt increase of 3.4% over the past year, experienced the most significant growth in credit card usage among any state.
Credit Card Debt Spikes In Hawaii As Economy Falters Total credit card debt among American consumers jumped 29% since 2015, reaching a whopping $807 billion in 1Q19, according to the latest experian data.
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Hawaii had an average credit card debt increase of 3.4% over the past year, experienced the most significant growth in credit card usage among any state. Experian said the average credit card debt in Hawaii is approximately $6,500, which is $500 more than the national average.
Total credit card debt among American consumers jumped 29% since 2015, reaching a whopping $807 billion in 1Q19, according to the latest Experian data. In the past year, as the economy cycles down, overall credit card debt rose 6%. More than 60% of Americans used credit cards for basic. (16 Jun 2019, 01:07 am)
Hawaii had an average credit card debt increase of 3.4% over the past year, experienced the most significant growth in credit card usage among any state. Experian said the average credit card debt in Hawaii is approximately $6,500, which is $500 more than the national average.
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