It was recently reported that the average American household carries $16,061 in credit card debt. Now, an in-depth study suggests that some areas of the country, particularly the southern states, are struggling with higher debts.
Focusing on debt levels across various states, the latest survey showed that Alaska topped the poll. Four of the so-called Sun Belt states make up the rest of the top five, including Florida, New Mexico, Texas, and Georgia. Calculations were also made to take into account both the average income and debt, revealing that the southern states have been harder hit because of the lower in...
from MoneyTips http://www.moneytips.com/southern-states-burdened-with-higher-credit-card-debt/737
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