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Outstanding Credit Card Debt By State

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    Outstanding Credit Card Debt By State

    <i>The average general purpose credit card outstandings per household, excluding store/gas credit cards, grew a mere 2.5% last year to $6,429. Among the five most populous states, Texas was the only one to come in below the national average. <br>
    The states with the lowest average bank credit card outstandings per household in the $3,400 range were Mississippi, Kentucky, and North Dakota, according to <A HREF="http://www.carddata.com">CardData</A><br>
    Idaho and Nevada posted the strongest gains in bank credit card outstandings in 2003, rising 4% and 6%, respectively. The state-by-state breakdown was based on total bank credit card (VISA, MasterCard, Discover, and American Express) outstandings of $677 billion and 105.3 million households at year-end 2003...</i> [read more at <A HREF="http://www.cardweb.com/cardtrak/news/2004/september/3a.html">CardWeb.com</A>]
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