The Worst States For Credit Cards

The Worst States for Credit Cards APR STATE 7.2% 58% 22% 7.9% 21.4% RANK 8.4% AK Он MT 21.3% ND VT STATE 15.2% 20.5% SD KS 49 50 1 2 WY 48 PN 10.8% NV 19.3% VA MS KY 18.1% DE wv 11.4% KY VT IN 46 NM AZ NE 45 44 43 42 12.3% 16.5% HI MD AR 12.3% 16.2% $58,460 · $4,399• [.07] 12.3% $55,570 $9,281 [17] Z $51,396 - $8,729 [.17] (7O $44,043 · $7,180 - [.16] 3773 $40,476 $6,024 L.15] 5(12 $41,978 $6,137 · [.15] 13 16.2% $49,437 $3,478 [.07] Credit cards are tricky, and if handled poorly, dangerous. But it also matters what state you're in. Some states have ridiculously high average interest rates for the plastic money in our pockets. We wondered if that has anything to do with average income-to-debt ratios. 12.6% $58,820 · $4,894 L08] 16.2% 41 $48,961 • $8,447 · [.17] $43,458 $3,587 L.08] 12.6% 15.6% $47,139 · $4,043 [.08] 39)E F(15.3% 12.7% $49,810 · $4,327 L.08] $50,774 $7,048 [.14] <(14 15.2% IN To compare, we ranked the average annual percentage rate for credit card holders in all 50 states and the income-to-debt ratios. The 12.8% 38) S $57,988 · $4,848 - [08] A. $58,414 · $8,350 · [.14] 15Z $51,068 $6,950 [.14] $43,538 $5,992 L.14] 2 DE $48,978 $6,909 [.14] 6 $42,946 $4,764 [.13] 9 $51,394 · $4,843 · L.09] 37 13% comparisons may surprise you. 15.2% E $50,927 · $4,439 · [.09] 36 To find your state, look for the same color on the two wheels. Z $66.939 · $5,778 [.09] S 15% 13% 35 13.1% $67,508 · $6,159 .09 14.9% 34 $51,001 $4,811 [.09] 13.1% 14.7% RI MA 20 32 31 TN 30 WI 13.1% 14.6% WI FL TX 13.3% ID 14.6% DE ME 29 28 27 26 25 24 23 ст OK ND MS TX PN GA NM NH 14.4% CO 14.5% 13.4% MI 13.4% 14.5% 13.6% NJ OK VA Brought to you by 13.6% 14.3% 14.1% GoBankingRates source: www.plasticeconomy.com & census.gov 13.9% 14% INCOME · DEBT • RATIO E $48,589 · $8,611 · [.17] $40,517 $6,896 [17] $51,156 • $66,618 • $3,834 [06] $64,193 · $4,347 L.06] AK $63,217 · $4,191 L.06] WA WA TH $60,038 $7,623 [.13] но $55,639 $7,322 [.13] RI AL F $53,251 · $4,921 · [.09] $61,304 $5,506 L.09] $53,216 · $5,269. • $5,843 · [.12 $47,494 - $5,838 · L.1 $44,154 · $4,922 - [.11] $49,281 $6.090 L12 $48,568 · $5,649 · [.121 OR MD MD