WalletHub recently released its study on States Where Consumers Are Adding the Most Debt and South Carolina ranked 10th.
The website ranked the states where credit card, auto loan, and personal loan debt increased the most from Q3 2023 to Q4 2023 based on its proprietary data.
South Carolina Stats
- Overall Rank: 10th
- Credit card debt: The average credit card balance in South Carolina increased by 6.73% from Q3 2023 to Q4 2023, and reached $6,943.
- Auto loan debt: The average auto loan balance in South Carolina increased by 0.96% from Q3 2023 to Q4 2023, and reached $25,152.
- Personal loan debt: The average personal loan balance in South Carolina increased by 3.22% from Q3 2023 to Q4 2023, and reached $9,194.
To see the full report, click here.