San Antonio residents took on more personal debt in the first quarter

  • 📰 SAcurrent
  • ⏱ Reading Time:
  • 29 sec. here
  • 6 min. at publisher
  • 📊 Quality Score:
  • News: 29%
  • Publisher: 51%

San Antonio News

Economy,Personal Debt,Credit Cards

Faced with continued inflation pressures, San Antonians took on a greater debt load in the first quarter of the year, according to a new study from personal finance site WalletHub.

San Antonio residents carry an average unsecured personal debt load of $6,249, according to WalletHub.

Alamo City residents' average unsecured personal load debt increased 8.32% over the same quarter of 2023, hitting $6,249. The city ranked 30th in the nation when it comes to average personal load debt, researchers found. The biggest increases in personal loan debt were in Detroit, where it was up 18%. The increase of 15.8% in Wichita, Kansas, and 15.5% in Madison, Wisconsin, were the second and third highest increases, respectively. ighest average personal debt by dollar amount at $13,808. However, that number represented a nearly 2.1% decrease.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 607. in FİNANCE

Finance Finance Latest News, Finance Finance Headlines