Friday April 19th, 2024 1:01PM

Georgia ranks 10th among states with highest credit card debt

By Associated Press

ALBANY, N.Y. (AP) The New York state comptroller's office says the nation's four most-populated states carry the highest total amount of credit card debt, with California leading the way followed by Texas, Florida and New York.

Democratic Comptroller Thomas DiNapoli said in a report released Tuesday that Californians had racked up more than $106.8 billion in credit card debt by the end of 2017.

The Lone Star State was No. 2 at $67.3 billion, followed by Florida with $59.2 billion and New York with $58.1 billion.

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. 

  • Associated Categories: Local/State News
  • Associated Tags: Georgia, business news, credit card debt
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