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Paying off credit card debt in these states will take the longest, study finds
['Daniel Miller']
Latest News | FOX 13
articleThe Brief Alaska earned the top spot as the state where it takes more time to pay off credit card debt.
Rankings for the states were created examining median credit card balances and monthly credit card payments for consumers in these areas, according to a WalletHub study.
Consumers are racking up credit card debt at staggering rates nationwide, and despite every person’s debt being different, paying it off can feel like an insurmountable hurdle.
VermontVermont has a median credit card debt reaching $2,627, and it’s spread across an average of 2.8 cards per person.
The Source: Information for this story was provided by a WalletHub study which created its rankings using the median credit card balance and monthly credit card payments of residents in each state.
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