HONOLULU (HawaiiNewsNow) - The average credit card balance in America is more than $6,300, according to a new report by the Experian credit agency. The average credit score is 675.
The state with the highest average credit score is Minnesota, with an average rating of 709. VT, NH, SD, MA, ND, WS, IA, NB all follow respectively. Hawaii came in 10th with an average score of 693. Mississippi followed with a score of 647.
As for the average credit card debt, Alaska came in on top with an average household debt of $8,515. Hawaii came in at 6th highest with an average debt of $6,981
Note: Texas has the highest rate of late payments. The city with the lowest lateness is San Francisco.