Personal Finance
Wisconsin's Household Credit Card Debt Increased In 2021
A new ranking shows which states have the most credit card debt — here's how Wisconsin families compare.
WISCONSIN — Wisconsin families reduced credit card debt by record amounts in 2020; however, credit card debt is once again on the rise in our state and across the nation, according to a new report.
In the United States, credit card debt increased by more than $45 billion during the second quarter of 2021, a WalletHub study shows.
In Wisconsin, credit card debt increased by an average of $292 during the second quarter of 2021. The average Wisconsin household has $6,340 in credit card debt, according to WalletHub.
Find out what's happening in Across Wisconsinfor free with the latest updates from Patch.
Wisconsinites rank 23rd when it comes to American families with the most credit card debt. At $9,078 per household, Californians lead the nation in credit card debt.
WalletHub projects that Americans will end 2021 with about $100 billion more in credit card debt than they started with.
Find out what's happening in Across Wisconsinfor free with the latest updates from Patch.
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