Americans have hundreds of billions of dollars in personal loan debt, and the personal-finance website WalletHub today released its report on the States Adding the Most Personal Loan Debt, along with expert commentary, to help illustrate where people are struggling the most. WalletHub ranked the states with the biggest personal loan debt increases based on its proprietary consumer data from Q3 2022 to Q3 2023.
Largest Increase | Smallest Increase | |
1. Montana | 41. Maryland | |
2. Iowa | 42. Massachusetts | |
3. Delaware | 43. North Dakota | |
4. Maine | 44. Michigan | |
5. Idaho | 45. Louisiana | |
6. Wyoming | 46. Alabama | |
7. Arizona | 47. South Dakota | |
8. Nevada | 48. Wisconsin | |
9. New Hampshire | 49. Vermont | |
10. North Carolina | 50. Alaska |