States Where Debt Is Increasing the Most During COVID-19

Special Report

November 25, 2021 1:00 pm

Last Updated: November 29, 2021 12:46 pm

Source: Davel5957 / Getty Images

35. Indiana
> Change in median debt in collection (Feb-Oct 2020): -$16
> Median debt in collection Oct. 2020: $1,856 — 22nd highest
> Share of people with debt in collection Oct. 2020: 31.26% (31.79% in Feb)
> Median credit score Oct. 2020: 690 (682 in Feb)
> Mortgage delinquency rate Oct. 2020: 1.86% (3.43% in Feb)

Source: Sean Pavone / Getty Images

34. Arkansas
> Change in median debt in collection (Feb-Oct 2020): -$8
> Median debt in collection Oct. 2020: $1,663 — 13th lowest
> Share of people with debt in collection Oct. 2020: 37.70% (37.97% in Feb)
> Median credit score Oct. 2020: 672 (667 in Feb)
> Mortgage delinquency rate Oct. 2020: 2.00% (3.74% in Feb)

ALSO READ: How Many People in Your State Are Burdened by Credit Card Debt

Source: SeanPavonePhoto / Getty Images

33. New Jersey
> Change in median debt in collection (Feb-Oct 2020): -$7
> Median debt in collection Oct. 2020: $1,372 — 2nd lowest
> Share of people with debt in collection Oct. 2020: 24.77% (25.43% in Feb)
> Median credit score Oct. 2020: 721 (711 in Feb)
> Mortgage delinquency rate Oct. 2020: 1.86% (3.60% in Feb)

Source: Eloi_Omella / Getty Images

32. New York
> Change in median debt in collection (Feb-Oct 2020): -$5
> Median debt in collection Oct. 2020: $1,750 — 21st lowest
> Share of people with debt in collection Oct. 2020: 22.24% (22.64% in Feb)
> Median credit score Oct. 2020: 722 (713 in Feb)
> Mortgage delinquency rate Oct. 2020: 1.87% (3.38% in Feb)

Source: SeanPavonePhoto / Getty Images

31. Maine
> Change in median debt in collection (Feb-Oct 2020): -$3
> Median debt in collection Oct. 2020: $1,691 — 15th lowest
> Share of people with debt in collection Oct. 2020: 27.66% (28.18% in Feb)
> Median credit score Oct. 2020: 720 (711 in Feb)
> Mortgage delinquency rate Oct. 2020: 1.75% (3.14% in Feb)

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