topic Re: Mississippi Has The Highest Credit Card Delinquency Rate, Florida The Lowest in Credit in the News

Mississippi Has The Highest Credit Card Delinquency Rate, Florida The Lowest

MarkintheHV — Wed, 10 Dec 2025 09:43:52 GMT

The Deep South stands out with the nation’s highest delinquency rates. Mississippi tops the list at 37%, followed by Louisiana at 32% and Alabama at 31%

https://www.zerohedge.com/personal-finance/mississippi-has-highest-credit-card-delinquency-rate-florida-lowest

Re: Mississippi Has The Highest Credit Card Delinquency Rate, Florida The Lowest

pizzadude — Wed, 10 Dec 2025 15:12:12 GMT

Thanks for sharing these data points, they're from Q1 - Q2 of this year so would be interesting to see how the second half of this year is trending.

Re: Mississippi Has The Highest Credit Card Delinquency Rate, Florida The Lowest

Stuart89 — Wed, 10 Dec 2025 23:57:33 GMT

Mississippi is at the bottom of a lot of these economic studies, unfortunately. At least they’ve got Lane Kiffin’s contract off the books.

Re: Mississippi Has The Highest Credit Card Delinquency Rate, Florida The Lowest

pizzadude — Thu, 11 Dec 2025 16:38:51 GMT

@Stuart89 wrote:
Mississippi is at the bottom of a lot of these economic studies, unfortunately. At least they’ve got Lane Kiffin’s contract off the books.

Yeah, he's on Louisana's books now, probably will be ~$100M if he stays around. Or maybe even if he's fired if he has the same contract language as his predecessor

Re: Mississippi Has The Highest Credit Card Delinquency Rate, Florida The Lowest

Jessie — Fri, 12 Dec 2025 00:15:52 GMT

@pizzadude wrote:
@Stuart89 wrote:
Mississippi is at the bottom of a lot of these economic studies, unfortunately. At least they’ve got Lane Kiffin’s contract off the books.
Yeah, he's on Louisana's books now, probably will be ~$100M if he stays around. Or maybe even if he's fired if he has the same contract language as his predecessor

Crazy they had the governor negotiating football contracts.

Re: Mississippi Has The Highest Credit Card Delinquency Rate, Florida The Lowest

JamesS84 — Fri, 19 Dec 2025 22:02:20 GMT

Not surprised. What percentage of people in Mississippi do you think can actually spell Mississippi?

Re: Mississippi Has The Highest Credit Card Delinquency Rate, Florida The Lowest

AndrewF — Sun, 15 Feb 2026 22:15:33 GMT

@JamesS84 wrote:
Not surprised. What percentage of people in Mississippi do you think can actually spell Mississippi?

There's a persistent movement in Downstate Illinois to secede from Illinois.

They would be the poorest state in the country and the most dependent on government welfare. They'd have worse stats than Mississippi.

For some reason, the government of Indiana passed some sort of commission that pretends it can just take the worst part of Illinois, and they want that for some reason so their state can be even poorer than it is now with more people that are a public charge than what they already have over there.

Since Mississippi I think also has the worst average FICO score in the country, as well as being the poorest state, I wonder how many of those delinquencies are due to banks that are so subprime that they primarily operate by stuffing mailboxes of people that they already know won't pay them in anticipation of filing a lawsuit for 5x that amount in a year and a half.

$199 annual fee. You get the card because you can use the rest of the $500 credit line to fill the car up a couple of times.

I'm guessing that's the sort of thing going delinquent.

Re: Mississippi Has The Highest Credit Card Delinquency Rate, Florida The Lowest

Ushio — Mon, 16 Feb 2026 13:17:49 GMT

@AndrewF wrote:
@JamesS84 wrote:
Not surprised. What percentage of people in Mississippi do you think can actually spell Mississippi?
There's a persistent movement in Downstate Illinois to secede from Illinois.

They would be the poorest state in the country and the most dependent on government welfare. They'd have worse stats than Mississippi.

For some reason, the government of Indiana passed some sort of commission that pretends it can just take the worst part of Illinois, and they want that for some reason so their state can be even poorer than it is now with more people that are a public charge than what they already have over there.

Since Mississippi I think also has the worst average FICO score in the country, as well as being the poorest state, I wonder how many of those delinquencies are due to banks that are so subprime that they primarily operate by stuffing mailboxes of people that they already know won't pay them in anticipation of filing a lawsuit for 5x that amount in a year and a half.

$199 annual fee. You get the card because you can use the rest of the $500 credit line to fill the car up a couple of times.

I'm guessing that's the sort of thing going delinquent.

Literally no one outside Cook County likes Cook County. Most of the rest of Illinois has more in common with Indiana than their rulers in the corner up there, so it's really not surprising.

Re: Mississippi Has The Highest Credit Card Delinquency Rate, Florida The Lowest

AndrewF — Mon, 16 Feb 2026 16:59:45 GMT

@Ushio wrote:
@AndrewF wrote:
@JamesS84 wrote:
Not surprised. What percentage of people in Mississippi do you think can actually spell Mississippi?
There's a persistent movement in Downstate Illinois to secede from Illinois.

They would be the poorest state in the country and the most dependent on government welfare. They'd have worse stats than Mississippi.

For some reason, the government of Indiana passed some sort of commission that pretends it can just take the worst part of Illinois, and they want that for some reason so their state can be even poorer than it is now with more people that are a public charge than what they already have over there.

Since Mississippi I think also has the worst average FICO score in the country, as well as being the poorest state, I wonder how many of those delinquencies are due to banks that are so subprime that they primarily operate by stuffing mailboxes of people that they already know won't pay them in anticipation of filing a lawsuit for 5x that amount in a year and a half.

$199 annual fee. You get the card because you can use the rest of the $500 credit line to fill the car up a couple of times.

I'm guessing that's the sort of thing going delinquent.
Literally no one outside Cook County likes Cook County. Most of the rest of Illinois has more in common with Indiana than their rulers in the corner up there, so it's really not surprising.

Well, right now they are getting $4 from Illinois for every $1 they pay in, so being from Indiana as I am, and seeing how good that state treats things, as far as I'm concerned they can just leave and see if anyone over there gives them a deal like that.

There's no tax base in Indiana like that, so they will have to adjust to reduced circumstances.

Anyway, I like the idea of a boundary commission because legally even if Illinois appointed commissioners, it could still only make recommendations that would have to be agreed on by both governments and ratified by Congress.

We should ask for northern Indiana, from Lake County, Indiana all across the Lake Illinois shoreline and up into Michigan, including South Bend.

We told Google that we were calling it Lake Illinois, but for some reason, they just don't seem to have gotten the letter because it's still showing its former name when you're in Illinois. Someone needs to fix that.

Re: Mississippi Has The Highest Credit Card Delinquency Rate, Florida The Lowest

Ushio — Mon, 16 Feb 2026 17:00:45 GMT

@AndrewF wrote:
@Ushio wrote:
@AndrewF wrote:
@JamesS84 wrote:
Not surprised. What percentage of people in Mississippi do you think can actually spell Mississippi?
There's a persistent movement in Downstate Illinois to secede from Illinois.

They would be the poorest state in the country and the most dependent on government welfare. They'd have worse stats than Mississippi.

For some reason, the government of Indiana passed some sort of commission that pretends it can just take the worst part of Illinois, and they want that for some reason so their state can be even poorer than it is now with more people that are a public charge than what they already have over there.

Since Mississippi I think also has the worst average FICO score in the country, as well as being the poorest state, I wonder how many of those delinquencies are due to banks that are so subprime that they primarily operate by stuffing mailboxes of people that they already know won't pay them in anticipation of filing a lawsuit for 5x that amount in a year and a half.

$199 annual fee. You get the card because you can use the rest of the $500 credit line to fill the car up a couple of times.

I'm guessing that's the sort of thing going delinquent.
Literally no one outside Cook County likes Cook County. Most of the rest of Illinois has more in common with Indiana than their rulers in the corner up there, so it's really not surprising.
Well, right now they are getting $4 from Illinois for every $1 they pay in, so being from Indiana as I am, and seeing how good that state treats things, as far as I'm concerned they can just leave and see if anyone over there gives them a deal like that.

There's no tax base in Indiana like that, so they will have to adjust to reduced circumstances.

Anyway, I like the idea of a boundary commission because legally even if Illinois appointed commissioners, it could still only make recommendations that would have to be agreed on by both governments and ratified by Congress.

We should ask for northern Indiana, from Lake County, Indiana all across the Lake Illinois shoreline and up into Michigan, including South Bend.

We told Google that we were calling it Lake Illinois, but for some reason, they just don't seem to have gotten the letter because it's still showing its former name when you're in Illinois. Someone needs to fix that.

I'm sure Indiana would be willing to trade East Chicago and Gary. Maybe you can start there.

Re: Mississippi Has The Highest Credit Card Delinquency Rate, Florida The Lowest

AndrewF — Mon, 16 Feb 2026 17:12:15 GMT

@Ushio wrote:
@AndrewF wrote:
@Ushio wrote:
@AndrewF wrote:
@JamesS84 wrote:
Not surprised. What percentage of people in Mississippi do you think can actually spell Mississippi?
There's a persistent movement in Downstate Illinois to secede from Illinois.

They would be the poorest state in the country and the most dependent on government welfare. They'd have worse stats than Mississippi.

For some reason, the government of Indiana passed some sort of commission that pretends it can just take the worst part of Illinois, and they want that for some reason so their state can be even poorer than it is now with more people that are a public charge than what they already have over there.

Since Mississippi I think also has the worst average FICO score in the country, as well as being the poorest state, I wonder how many of those delinquencies are due to banks that are so subprime that they primarily operate by stuffing mailboxes of people that they already know won't pay them in anticipation of filing a lawsuit for 5x that amount in a year and a half.

$199 annual fee. You get the card because you can use the rest of the $500 credit line to fill the car up a couple of times.

I'm guessing that's the sort of thing going delinquent.
Literally no one outside Cook County likes Cook County. Most of the rest of Illinois has more in common with Indiana than their rulers in the corner up there, so it's really not surprising.
Well, right now they are getting $4 from Illinois for every $1 they pay in, so being from Indiana as I am, and seeing how good that state treats things, as far as I'm concerned they can just leave and see if anyone over there gives them a deal like that.

There's no tax base in Indiana like that, so they will have to adjust to reduced circumstances.

Anyway, I like the idea of a boundary commission because legally even if Illinois appointed commissioners, it could still only make recommendations that would have to be agreed on by both governments and ratified by Congress.

We should ask for northern Indiana, from Lake County, Indiana all across the Lake Illinois shoreline and up into Michigan, including South Bend.

We told Google that we were calling it Lake Illinois, but for some reason, they just don't seem to have gotten the letter because it's still showing its former name when you're in Illinois. Someone needs to fix that.
I'm sure Indiana would be willing to trade East Chicago and Gary. Maybe you can start there.

I've actually looked at the census tract data and my proposed trade would still make Illinois better off than Indiana in that deal, even if we had to do something with Gary.

The rest of Lake County, Indiana isn't that bad. You have to look at the total package. There's a lot more GDP per capita in the few counties of Indiana than in the 30-ish that Indiana wants from Illinois, so I'd call it a win and go home.

The population of downstate Illinois is practically nil, which is why there's almost no GDP there despite a huge land area.

The population is not there. They say they want a seat at the table, but they already have one. When you have hundreds or a few thousand here and there, you don't make decisions that outweigh hundreds of thousands or even millions up here.

That's like saying that 10 people had a say in where to go eat, and the one guy that chose Olive Garden thinks he gets to say Olive Garden 11 times.

Anyway, it would not surprise me that if you looked at credit card debt outstanding, that the Chicago area has a lot more than downstate. In fact, downstate might look worse for delinquency than Mississippi.

Credit card companies extend credit limits largely against the backdrop of your income and ability to pay.

Indiana has less debt outstanding, but it also has a much lower median household income than Illinois.

Re: Mississippi Has The Highest Credit Card Delinquency Rate, Florida The Lowest

Ushio — Mon, 16 Feb 2026 17:42:59 GMT

@AndrewF wrote:
@Ushio wrote:
@AndrewF wrote:
@Ushio wrote:
@AndrewF wrote:
@JamesS84 wrote:
Not surprised. What percentage of people in Mississippi do you think can actually spell Mississippi?
There's a persistent movement in Downstate Illinois to secede from Illinois.

They would be the poorest state in the country and the most dependent on government welfare. They'd have worse stats than Mississippi.

For some reason, the government of Indiana passed some sort of commission that pretends it can just take the worst part of Illinois, and they want that for some reason so their state can be even poorer than it is now with more people that are a public charge than what they already have over there.

Since Mississippi I think also has the worst average FICO score in the country, as well as being the poorest state, I wonder how many of those delinquencies are due to banks that are so subprime that they primarily operate by stuffing mailboxes of people that they already know won't pay them in anticipation of filing a lawsuit for 5x that amount in a year and a half.

$199 annual fee. You get the card because you can use the rest of the $500 credit line to fill the car up a couple of times.

I'm guessing that's the sort of thing going delinquent.
Literally no one outside Cook County likes Cook County. Most of the rest of Illinois has more in common with Indiana than their rulers in the corner up there, so it's really not surprising.
Well, right now they are getting $4 from Illinois for every $1 they pay in, so being from Indiana as I am, and seeing how good that state treats things, as far as I'm concerned they can just leave and see if anyone over there gives them a deal like that.

There's no tax base in Indiana like that, so they will have to adjust to reduced circumstances.

Anyway, I like the idea of a boundary commission because legally even if Illinois appointed commissioners, it could still only make recommendations that would have to be agreed on by both governments and ratified by Congress.

We should ask for northern Indiana, from Lake County, Indiana all across the Lake Illinois shoreline and up into Michigan, including South Bend.

We told Google that we were calling it Lake Illinois, but for some reason, they just don't seem to have gotten the letter because it's still showing its former name when you're in Illinois. Someone needs to fix that.
I'm sure Indiana would be willing to trade East Chicago and Gary. Maybe you can start there.
I've actually looked at the census tract data and my proposed trade would still make Illinois better off than Indiana in that deal, even if we had to do something with Gary.

The rest of Lake County, Indiana isn't that bad. You have to look at the total package. There's a lot more GDP per capita in the few counties of Indiana than in the 30-ish that Indiana wants from Illinois, so I'd call it a win and go home.

The population of downstate Illinois is practically nil, which is why there's almost no GDP there despite a huge land area.

The population is not there. They say they want a seat at the table, but they already have one. When you have hundreds or a few thousand here and there, you don't make decisions that outweigh hundreds of thousands or even millions up here.

That's like saying that 10 people had a say in where to go eat, and the one guy that chose Olive Garden thinks he gets to say Olive Garden 11 times.

Anyway, it would not surprise me that if you looked at credit card debt outstanding, that the Chicago area has a lot more than downstate. In fact, downstate might look worse for delinquency than Mississippi.

Credit card companies extend credit limits largely against the backdrop of your income and ability to pay.

Indiana has less debt outstanding, but it also has a much lower median household income than Illinois.

Sounds like it makes a lot of people better off then. Maybe we have the solution.

The world is not a GDP spreadsheet though unfortunately.