Americans owe more than $2.7 trillion on their auto loans, credit cards and personal loans, and the personal-finance website WalletHub today released its report on the Cities Where People Are Adding the Most Debt to highlight emerging areas of concern. This report comes on the heels of our recent analysis of the Household Debt Report.
WalletHub ranked 100 of the largest U.S. cities based on where credit card, auto loan, and personal loan debt increased the most from Q1 2024 to Q2 2024, using its proprietary data. You can see some highlights below.
Largest Increase | Smallest Increase |
1. Boston, MA | 91. Virginia Beach, VA |
2. North Las Vegas, NV | 92. Buffalo, NY |
3. Madison, WI | 93. Hialeah, FL |
4. Lubbock, TX | 94. New Orleans, LA |
5. Gilbert, AZ | 95. San Bernardino, CA |
6. St. Louis, MO | 96. Minneapolis, MN |
7. Greensboro, NC | 97. Omaha, NE |
8. Aurora, CO | 98. Anchorage, AK |
9. Albuquerque, NM | 99. Detroit, MI |
10. Los Angeles, CA | 100. Winston-Salem, NC |