PROVIDENCE – Credit card users in the Providence metropolitan area had a median credit card debt of $3,736 to start 2021, ranking third highest of all 50 largest metro areas in the country, according to a report from LendingTree Thursday.
The report said that of all credit card users in the metro area, 86.3% were carrying debt on credit cards, ranking No. 13 for highest percentage among all metro areas in the study.
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The highest median credit card debt in the report was in the Hartford, Conn., metro area, at $3,994, followed by the Austin, Texas, metro area at $3,911. The San Francisco metro area ranked highest for share of card users carrying card debt in the report at 90%.
The Boston metro area was reported to have a median credit card debt of $3,687 (No. 5 in the report), with 88.6% of credit card users carrying debt on their cards, ranking No. 3 for the highest among all metros in the report.
The full report may be found here.
