MIAMI.- Las Credit cards They have become increasingly important for society, especially during the holiday season, since it allows us to plan large expenses and finance purchases. In some states of USA The number of bank cards per resident is increasing, according to a report from personal finance website WalletHub.
The study compared the country’s 50 states in four key metrics, ranging from the number of credit cards per person and the number of new bank cards requested in the third quarter of 2023.
According to this analysis, Alaska is the state with the most credit cards, with a rating of 81.39 points, in which 100 represents the best general conditions. In “the last frontier” the average amount of plastic money per resident increased by 8.5% in the last year, according to WalletHub, and its inhabitants also acquired an average of 5.44 new bank cards in the third quarter of this year.
“Alaska residents have the second-highest average credit card debt overall. However, it is only about half the average when it comes to the proportion of people in financial distress, and its residents have good credit,” highlights WalletHub analyst Cassandra Happe.
Which states have the most credit cards?
New Jersey is second among the states with the highest number of bank plastics with 67.46 points. The “garden state” is the one with the most credit cards per person. Although, according to this report, new card applications in the third quarter of 2023 decreased by 4% compared to the same period of the previous year.
In third position is Nevada, with a score of 67.09. The “silver state” is one of the few where people have more than five credit cards per person. In addition, its residents increased the amount of plastic money at a much faster rate than residents of other states, with an average of 6.8%.
“The residents of Nevada has the highest average credit card debt in the country for the household, with $8,891, and that debt is increasing at a high rate,” adds Happe.
The top five is completed by Wyoming, with 64.32 points, and Arkansas, with a score of 62.87.
Where is Florida?
Having one or more credit cards can help increase your credit score, if used responsibly. During this Christmas season, it can also make it easier to purchase gifts and save a few dollars when celebrating these festivities.
More and more people in the country are using bank cards, due to the multiple benefits they present. And in Florida, its residents do not escape them. The “sunshine state” ranks sixth with the most credit cardswith a rating of 56.68 points.
Floridians applied for an average of 1.19% more new cards during the third quarter of 2023, compared to 2022, and own an average of 6.61% cards per resident.
“Some people are able to effectively manage more credit card accounts than others. Having multiple credit cards in your wallet is really good for your credit score if you pay on time and in full, keep your credit utilization low, and wait at least six months between applications,” Happe points out.
@ebritop22
Source: With information from WalletHub