fbpx
Connect with us

News

SC Ranks 18th Among States with the Highest Credit Card Debts

Published

on

WalletHub today released its study on the “States with the Highest & Lowest Credit Card Debts” and South Carolina ranked as having the 18th highest.

The website drew upon data from TransUnion, the Federal Reserve, the U.S. Census Bureau and WalletHub’s own proprietary credit card payoff calculator to determine the cost and time required to repay the median credit card balance in each of the 50 states and the District of Columbia.

Credit Card Debt in South Carolina (1st Rank = Least Sustainable):

  • Median Credit-Card Balance ($2,639)
  • Median Income ($40,949)
  • Cost of Interest Until Payoff ($233)
  • Expected Payoff Timeframe (13 months and 2 days)

You can see the full report here.

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published.

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Follow Us

Subscribe to HCS

Patreon

Ads

CHS Tour
CMH
T99
PourHouse
Nchas
Terrace
Forte
Patriots
HomageOSU
HomagePop
Brookgreen

HCS Sponsors

SCParks
River
WATheatre
Rocky Horror
FoodBank
Brookgreen

Ads

CHS Tour
CMH
T99
PourHouse
Nchas
Terrace
Forte
Patriots
HomageOSU
HomagePop
Brookgreen

Events

Trending

Holy City Sinner