With U.S. credit card debt reaching $1.36 trillion and expected to grow by another
$100 billion this year, the personal- finance website WalletHub has released its latest report on the cities with the highest and lowest credit card debts. This report follows their recent credit card debt study and its goal is to identify where residents may be most vulnerable to credit score damage and high interest costs.
WalletHub analyzed data from more than 180 of the largest U.S. cities using the most recent consumer finance figures from Trans-Union and the Federal Reserve, all adjusted for inflation. Following are some key highlights from the report. Highest Household Credit Card Debt
1. Santa Clarita, California
2. Chula Vista, California
3. New York, New York
4. Rancho Cucamonga, California
5. Fontana, California
6. Oxnard, California
7. Gilbert, Arizona
8. Santa Ana, California
9. Riverside, California
10. Moreno Valley, California
Lowest Household Credit Card Debt
173. Newark, New Jersey
174. Akron, Ohio
175. Des Moines, Iowa
176. Cleveland, Ohio
177. Fort Wayne, Indiana
178. Rochester, New York
179. Milwaukee, Wisconsin
180. Cedar Rapids, Iowa 181. Toledo, Ohio
182. Madison, Wisconsin To see the full report, visit wallethub.com/edu/ cities-with-the-highest-andlowest- credit-card-debts/ 138569.