Average Credit Card Debt Rises for Hawaiians in May

According to data compiled by Creditkarma.com, Hawaiian consumers’ credit card debt rose in May to an average of $7,250.  (Article here) This is an increase on April’s total and is the second highest total in the nation.   Additionally, Hawaii’s upward trend in credit card debt is running against the national downward trend.  Average credit scores in Hawaii also declined from April.

During these tough economic times, many residents of our beautiful islands continue to struggle to make ends meet.  If you are stressed out about rising debt, then please contact us.   We offer a free consultation and will be happy to sit down in a comfortable, pressure-free environment to discuss your options and come up with a plan to get you back on your feet.