Credit card debt reached a record high in the United States in 2018. As a whole, Americans accrued a debt of $92.2 billion in 2017. This takes the collective total of credit card debt over the $1 trillion mark for the first time in history, according to WalletHub’s recent Credit Card Debt Study.
How Does Hawaii Stack Up?
According to Experian, Hawaii ranks in the top 10 in all three categories:
- Credit score
- Card ownership
- Credit card debt
Let’s take a look at Hawaii’s statistics in comparison to other states:
Hawaii’s Credit Score Ranking Among the 50 States
In a 2017 Experian report, the consumer credit reporting agency noted a positive change in both the high scores and low scores. For the first time ever, there are more Americans with Super Prime scores