A new study was just released, revealing which cities have the highest and lowest amount of credit card debt per household.
Americans owe $1.36 trillion in credit card debt, according to the WalletHub study, and when it comes to which cities spend the most, El Paso came ranked in the middle of the list of about 180 cities, at No. 75.
The study revealed the average household in El Paso carries $14,137 of credit card debt, with the Sun City having an overall credit card debt of $3.4 billion.
To identify the cities with the highest and lowest credit-card debts, WalletHub compared more than 180 cities based upon the latest data from TransUnion and the Federal Reserve.
Here are the other Texas cities that made the list, and the amount of credit card debt per household.
Natassia Paloma may be reached at npaloma@gannett.com, @NatassiaPaloma on Twitter; natassia_paloma on Instagram, and Natassia Paloma Thompson on Facebook.
This article originally appeared on El Paso Times: Here’s how much credit card debt the average household has in El Paso, according to study
Reporting by Natassia Paloma, El Paso Times / El Paso Times
USA TODAY Network via Reuters Connect
