
With Americans carrying nearly $1.7 trillion in auto loan debt averaging nearly $13,800 per household, the personal finance website WalletHub has released its latest report on the States Where Auto Loan Debt Is Decreasing the Most. Using proprietary consumer debt data, WalletHub ranked the states experiencing the largest decreases in auto loan debt from Q3 2024 to Q4 2024.
Biggest Decrease | Smallest Decrease |
1. Wyoming | 41. Wisconsin |
2. Alaska | 42. Kansas |
3. Montana | 43. Ohio |
4. California | 44. West Virginia |
5. Florida | 45. Oregon |
6. Texas | 46. Nebraska |
7. Arizona | 47. Michigan |
8. Nevada | 48. Mississippi |
9. Louisiana | 49. Missouri |
10. New Jersey | 50. Vermont |