topic Re: States Where Credit Card Delinquency Is Increasing the Most in Credit in the News

States Where Credit Card Delinquency Is Increasing the Most

Gollum — Fri, 07 Nov 2025 16:51:04 GMT

Article title: "States Where Credit Card Delinquency Is Increasing the Most"

From the article: "To identify where borrowers are struggling most to keep up with their credit card bills—and where they are managing better—WalletHub reviewed proprietary user data from Q1 2025 to Q2 2025."

https://wallethub.com/edu/states-where-credit-card-delinquency-is-increasing-most/131750 (November 05, 2025)

Re: States Where Credit Card Delinquency Is Increasing the Most

Gollum — Fri, 07 Nov 2025 18:51:51 GMT

I initially noticed a different article that was headlined/titled "Oregon, Idaho, and Washington residents buried in delinquent credit card debt."

Here is a URL for the article that I initially noticed:

https://seattlered.com/taxes/pnw-credit-card-debt/4115013 (November 07, 2025)

Re: States Where Credit Card Delinquency Is Increasing the Most

Thomas_Thumb — Sat, 08 Nov 2025 23:36:54 GMT

It looks like Minnesota is # 1 for highest percentage of late payments. The state has one of the highest medical insurance premium rates in the nation and some providers have mentioned abnormally high denial of coverage rates from certain medicare advantage insurers like UHG.

Re: States Where Credit Card Delinquency Is Increasing the Most

Gollum — Sat, 08 Nov 2025 18:10:22 GMT

My reading of the chart is that Minnesota is #1 for the percentage change in share, not the percentage of share. It's like the difference between acceleration and velocity.

Re: States Where Credit Card Delinquency Is Increasing the Most

TrapLine — Sat, 08 Nov 2025 23:12:04 GMT

Sure find this interesting as the state with the highest non-pay is also the state with the highest average Fico Score.

Is that not curious?

Re: States Where Credit Card Delinquency Is Increasing the Most

Thomas_Thumb — Sat, 08 Nov 2025 23:51:18 GMT

@Gollum wrote:
My reading of the chart is that Minnesota is #1 for the percentage change in share, not the percentage of share. It's like the difference between acceleration and velocity.

You are correct. Thanks for the clarification. I misread the 2nd column.

Based on the 1st column Minnesota appears to be middle of the pack on delinquencies. Mississippi, Alabama and Louisiana are the loss leaders - by a substantial margin.

Re: States Where Credit Card Delinquency Is Increasing the Most

Zoostation1 — Sun, 09 Nov 2025 01:06:13 GMT

@TrapLine I thought the same thing initially, but looking at the article after the clarifications from Gollum and Thomas, it now makes more sense.

Re: States Where Credit Card Delinquency Is Increasing the Most

Realist — Sun, 09 Nov 2025 02:16:45 GMT

I'm more interested in the average percentage as a whole. The moving average has to be near 23-25% as an average or better.

That's a pretty telling sign of how stressed the population currently is. This excludes any vehicle deliquencies, home forclosures, usually stemming from job loss, or the lesser impact of inflation. At the end of the day, food and shelter becomes first to salvage, followed by transportation, and then unsecured credit card debt falls dead last. That's the low hanging fruit that is usually culled first in the game of which one is not like the others. Which one can we simply stop paying on, and matters least in life. (Credit score willfuly sacraficed.)

Watch the trends.

Re: States Where Credit Card Delinquency Is Increasing the Most

RobertS2 — Fri, 14 Nov 2025 22:55:40 GMT

It's increasing everywhere - just a matter of how much...depressing...

Re: States Where Credit Card Delinquency Is Increasing the Most

Realist — Sat, 15 Nov 2025 16:59:05 GMT

Financial intelligence is not taught in school, nor in college. Nor is monetary history. If you want to learn and understand these topics, you have to put yourself through the gambit, of learning.

I can say that I know of an individual that is going through todays financial world, working on their MBA. Worked enough in the field to learn a few things, but at the end of the day, still doesn't have a grasp on the real world of money. Not until I fill in the gaps where things make sense for them. They aren't being taught anything useful at the college level. I can see their evolution, but it's not in the areas that actually matter.

So yes, as a whole we have a country of people that don't know, or don't care about financial education or obligation, nor is it being taught. This isn't tied to only how to pay a bill. You can see how this can become a problem.

Re: States Where Credit Card Delinquency Is Increasing the Most

AndrewF — Sat, 03 Jan 2026 04:02:07 GMT

@Gollum wrote:
Article title: "States Where Credit Card Delinquency Is Increasing the Most"
From the article: "To identify where borrowers are struggling most to keep up with their credit card bills—and where they are managing better—WalletHub reviewed proprietary user data from Q1 2025 to Q2 2025."
https://wallethub.com/edu/states-where-credit-card-delinquency-is-increasing-most/131750 (November 05, 2025)

Most of the larger banks right now are reaching out to consumers with serious delinquencies with the most generous settlement offers I've ever seen. I've recently seen people posting that Chase is accepting as little as 25% in some cases and AmEx 40-50%.

I think the banks are just sort of in stop-loss mode right now. It's harder to get credit line increases, or even a card, than usual, and they have so many accounts going bad that the normal channels they sell bad debt into are too busy to handle them all.

All of a sudden on Reddit, more people are complaining of AmEx Financial Review than usual, and it seems to be taking AmEx a while to actually process the FR even after you sign that they can pull your tax records.