CT Has the Most Highest Credit Card Debt in the Country and It's Growing

According to a recent study by CreditCards.com, Connecticut has the highest average credit card debt per household in the United States. At $7,258, Connecticut's average credit card debt is over $1,000 higher than the national average, and has been steadily increasing over the past few years.

While some may attribute this trend to the state's high cost of living, others point to the lack of financial literacy among residents. Connecticut has the third-highest median household income in the country, yet many people are struggling to manage their debt.

Experts recommend that residents take steps to reduce their credit card debt, such as creating a budget, seeking financial counseling, and exploring debt consolidation options. Failure to address this issue could lead to long-term financial difficulties for many families in the state.