The Globe

Nevada Leads Nation in Credit Card Delinquencies, Ranks Third in Debt Burden

Source link : https://las-vegas-news.com/nevada-leads-nation-in-credit-card-delinquencies-ranks-third-in-debt-burden/

Nevada has more credit card delinquencies than anywhere in US, report says – Image for illustrative purposes only (Image credits: Unsplash)

Nevada households confront steeper financial hurdles than those in any other state when it comes to credit card payments. A recent report pinpointed the Silver State as first nationwide for credit card delinquency rates, with serious delinquencies weighing heavily on residents’ budgets.[1][2] The state also secured third place for overall debt burden, reflecting compounded pressures from living costs and income variability in tourism-dependent areas like Las Vegas.

Delinquency Rates Hit Hardest in Nevada

The report drew from Federal Reserve Bank of New York data for 2025, showing Nevada’s credit card delinquency rate at 16.28 percent – the highest across all states. This figure represents balances at least 90 days past due, far exceeding national trends and signaling widespread repayment struggles.[1] Households here carried an average credit card balance of $8,378 per user, placing tenth nationally, while the typical resident managed 3.17 cards, fifth highest in usage.

Comparisons underscore Nevada’s outlier status. Southern and Western states dominated the top delinquency rankings, but none matched the state’s lead.

Rank State Delinquency Rate
1 Nevada 16.28%
2 Florida 14.94%
3 Louisiana 14.24%
4 Texas 14.19%
5 Georgia 13.91%

These elevated rates trace back to 2025’s economic snapshot, when national…

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Author : nvm_admin

Publish date : 2026-05-06 13:34:00

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