Wednesday, June 19, 2013
Hawaii consumers carry 2nd-highest credit card debt
POSTED: 01:53 p.m. HST, Jul 11, 2012
LAST UPDATED: 02:01 p.m. HST, Jul 11, 2012
Hawaii consumers carried the second-highest credit card debt in June despite the average balance falling 3 percent over the previous year, according to CreditKarma, a California-based credit scoring website.
The average debt among consumers was $7,032, compared with $7,248 the previous year in June.
Hawaii tied with New Jersey for the top credit score among the states at 678.
Meanwhile, the state's average mortgage debt was the highest in the nation at $306,005, up from $298,562; while the average auto loan balance totaled $15,528, down from $15,488 the year earlier. Student loan debt dropped to $27,148 from $29,512.
The company surveyed data from 1,016,321 credit card users nationwide, including 3,614 in Hawaii.
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