10 States Where Residents Most Rely on Credit

This story originally appeared on SmartAsset. Perhaps counterintuitively, consumer credit card debt has fallen since the beginning of the COVID-19 crisis. Federal Reserve data shows that the total amount of revolving consumer credit, which primarily consists of credit card charges, fell below $1 trillion in April 2020 for the first time in close to two years. Data from Experian tells a similar…

Original Article Posted at : https://www.moneytalksnews.com/slideshows/states-where-residents-most-rely-on-credit/