California tops nation's most populated states in credit card debt

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Tuesday, May 29, 2018
CA tops nation's most populated states in credit card debt
California leads the nation's four most-populated states in credit card debt with $106.8 billion racked up by the end of 2017.

LOS ANGELES (KABC) -- Californians racked up more credit card debt among the most populated states in the U.S., according to a report released by the New York state comptroller's office.

California racked up $106.8 billion in credit card debt by the end of 2017.

Texas took the second spot with $67.3 billion, followed by Florida with $59.2 billion and New York with $58.1 billion.

Rounding out the top 10 are Pennsylvania ($33.2 billion), Illinois ($32.2 billion), New Jersey ($29.6 billion), Ohio ($26.7 billion), Virginia ($26.5 billion) and Georgia ($26.3 billion).

Democratic Comptroller Thomas DiNapoli said the totals were based on statistics compiled in February by the Federal Reserve Bank of New York.

The Associated Press contributed to this report.