Total private and public debts in the U.S. have hit an all-time high $70 trillion. One contributor, fueled by high interest rates and expanding services, is credit card debt. Per capita credit card balances top $3,000 in the U.S., with the most expensive states to live in impacted the most.
Please note that Econintersect analyzes consumer credit monthly – and our conclusion is different than the below infographic, and can be read [here].
Source: https://howmuch.net/articles/credit-card-debt-by-state
