With millions of Americans utilizing credit cards to help with holiday purchases, the personal-finance website WalletHub today released its report on the States Where Credit Limits Decreased the Most in 2023 to highlight areas where people might be struggling financially this holiday season. You can check out some key findings below, followed by WalletHub commentary.
Largest Credit Limit Decrease | Smallest Credit Limit Decrease |
1. Mississippi | 41. Massachusetts |
2. Wyoming | 42. Florida |
3. Louisiana | 43. Oregon |
4. West Virginia | 44. California |
5. Delaware | 45. Idaho |
6. Alabama | 46. Colorado |
7. Indiana | 47. Utah |
8. Minnesota | 48. Alaska |
9. Kentucky | 49. Washington |
10. Wisconsin | 50. Iowa |