comscore Hawaii consumer credit improves | Honolulu Star-Advertiser
Top News

Hawaii consumer credit improves


  • Hawaii consumers had the second-highest credit card debt in the nation last quarter but had the eighth-best rate for delinquencies.
[ AD HAS BEEN REMOVED FROM THIS STORY ]

 

The average Hawaii consumer had $7,457 in credit card debt last month, down from $7,524 in January, according to monthly data from CreditKarma.com, a credit scoring website.

Hawaii credit scores average 673, up from 672 a year ago.

Average Hawaii mortgage debt in February was down to $298,278 in February, down 3 percent from a year ago, while the national average mortgage debt in February was $170,312.

The only debt indicator to show a year-over-year increase was the automotive category, up 1.2 percent to $15,693, from $15,507, a possible sign that consumers are buying more vehicles.

Student debt is down 6.7 percent from a year ago, at $25,694 from $27,538, but up 3.8 percent from January.

 

Comments have been disabled for this story...

Click here to see our full coverage of the coronavirus outbreak. Submit your coronavirus news tip.

Be the first to know
Get web push notifications from Star-Advertiser when the next breaking story happens — it's FREE! You just need a supported web browser.
Subscribe for this feature

Scroll Up