After a record-setting year for credit card debt reduction in 2020, U.S. consumers are once again adding new credit card debt by the billion, racking up $45.7 billion during Q2 2021, according to WalletHub’s latest Credit Card Debt Study, released today. That is an all-time record for credit card debt added during the second quarter of a year, and WalletHub now projects that consumers will add a total of $100 billion in debt during 2021.
The rise in debt is not uniform across the country, though, as some areas have bigger payment problems than others. With that in mind, WalletHub compared all of the states based on how much residents owe to credit card companies – specifically, how those balances changed in Q2. Please find key takeaways below, along with commentary from WalletHub experts (audio and video files included).
| States with the Biggest Debt Increase | States with the Smallest Debt Increase |
| California | Vermont |
| Texas | Wyoming |
| Florida | North Dakota |
| New York | South Dakota |
| Illinois | Alaska |
