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New Jersey Has 2nd Highest Credit Card Debt

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the staff of the Ridgewood blog

Ridgewood NJ, Americans have taken on more credit card debt in the last few years. Overall credit card debt hit $807 billion in Q1 of 2019 in the US according to Experian , a 29% increase over the last 5 years.

Here are additional credit card trends:

  • New Jersey had the 2nd highest credit card debt among all states at $6,881 in Q1 of 2019.
  • The New York-Northern New Jersey-Long Island Metro Area had an average credit card debt of $6,872 in 2019.
  • 60.5% of Americans had a credit card in Q1 2019, an 11% increase from Q1 of 2016.
  • The average credit card balance in Q1 2019 was $6,028
  • No Annual Fee and Secured Credit Cards were the most viewed credit cards in Q1 of 2019.

Check out the full research article here: https://www.experian.com/blogs/ask-experian/state-of-credit-cards/

2 thoughts on “New Jersey Has 2nd Highest Credit Card Debt

  1. Hey sweetheart how are you mentioning the past politicians have taken billions of dollars out of the pension system. I need to get your fax and one of my boy hey sweetheart how are you mentioning the past politicians have taken billions of dollars out of the pension system. You need to get your facts in order my little flower.
    1, Christie TodWhitman took millions of dollars for road construction.
    2, Governor Corzine took billions of dollars remember Bad investments on Wall Street.
    3, Governor Christie invested billions of dollars into the movement in the Meadowlands that’s still not done and will never be done because the whole place is sinking into the mud. One scam after the next

  2. Yea look at the obscene and outrageous fees paid to the pension fund managers. New Jersey pays its pension fund managers more than any other state in the country.

    Yes look at the states finances. Hoggish ? Pension Managers don’t earn their money they steal it with hidden charges and fees. There should be a law capping what a retirement fund manager can make so we can curb the immense appetite of these hoggish ? Pension Managers.

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