#state-by-state-analysis

#state-by-state-analysis

To judge the burden of overuse of the plastic cards powering your wallet, the number of days of work required to pay off common outstanding credit card debts was calculated. This math says that a typical Californian card balance is equivalent to eight days' worth of the average wage. That ties Connecticut for the fourth-lowest burden among the states. Californians' credit card debt is also below the median 9.9-day burden across 50 states. Only New York (6.3 days), Massachusetts (6.8), and Washington state (7.9) were better.