At least Nevada isn't number one for once.
Forbes ran some numbers on what cities had the worst credit card debt to income ratio and, surprisingly, Nevada only logged one in the Top 20. Las Vegas was ninth with an average household credit card debt of $8,628.78 (or 15.14% of average household income). Cities in Florida, California and Ohio fared the worst, with Miami taking top honors with an average $9,797.38 debt for a whopping 22.61% of income.
Of course, when it comes to underwater mortgage debt, the same magazine finds a pair of Silver State cities in the Top 10. Reno/Sparks is No. 8 and Vegas No. 4.
Tuesday, May 26, 2009
Vegas Number Nine for Worst Credit Card Debt
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The Anon Guy
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12:03 AM
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