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Super Contributor
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Registered: ‎10-03-2008
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Re: 10 States maxed out on credit cards

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Posts: 22,406
Registered: ‎01-17-2008
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Re: 10 States maxed out on credit cards


Dustink wrote:

guiness56 wrote:

California was one I was shocked not to see, and WA state.  It is very expensive there.


I now live in CA and came from WA.

 

People seem responsible with their debt.

 

Although the states are expensive. They have higher wages.

 

The article ranked it based on utilization. Thus states with higher wages ranked lower because likely they also had higher limits.

 

WA and CA have low utilization.


I understand the article is based on utilization per state.

 

I was born in CA and lived in WA for over 20 years, until recently.

 

I don't agree with the higher limits, at least not state wide.  Maybe for some certain groups of people.

 

 

 

 

 

 

 

Valued Contributor
Posts: 3,099
Registered: ‎10-02-2012
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Re: 10 States maxed out on credit cards


guiness56 wrote:

Dustink wrote:

guiness56 wrote:

California was one I was shocked not to see, and WA state.  It is very expensive there.


I now live in CA and came from WA.

 

People seem responsible with their debt.

 

Although the states are expensive. They have higher wages.

 

The article ranked it based on utilization. Thus states with higher wages ranked lower because likely they also had higher limits.

 

WA and CA have low utilization.


I understand the article is based on utilization per state.

 

I was born in CA and lived in WA for over 20 years, until recently.

 

I don't agree with the higher limits, at least not state wide.  Maybe for some certain groups of people.

 

 

 


I think it is skewed by the cities and more affluent areas. Whereas the states on the list are impacted less by that aspect.

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Moderator
Posts: 22,406
Registered: ‎01-17-2008
0

Re: 10 States maxed out on credit cards


Dustink wrote:

guiness56 wrote:

Dustink wrote:

guiness56 wrote:

California was one I was shocked not to see, and WA state.  It is very expensive there.


I now live in CA and came from WA.

 

People seem responsible with their debt.

 

Although the states are expensive. They have higher wages.

 

The article ranked it based on utilization. Thus states with higher wages ranked lower because likely they also had higher limits.

 

WA and CA have low utilization.


I understand the article is based on utilization per state.

 

I was born in CA and lived in WA for over 20 years, until recently.

 

I don't agree with the higher limits, at least not state wide.  Maybe for some certain groups of people.

 

 

 


I think it is skewed by the cities and more affluent areas. Whereas the states on the list are impacted less by that aspect.


I do agree with that.  I lived in Tacoma which isn't too terribly expensive, much cheaper than Everett.  But Seattle is off the charts.

 

 

Regular Contributor
Posts: 591
Registered: ‎11-08-2012
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Re: 10 States maxed out on credit cards

My state wasn't on there so I guess that's a good thing.

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