WalletHub: $43B in credit card debt repaid in 2018 Q1 in U.S.

IN RHODE ISLAND, Cranston ranked first in the state for biggest credit card debt pay-downs in the 2018 first quarter, with an average of $643 repaid per household. / COURTESY WALLETHUB
PROVIDENCE – The pay-down of $40.3 billion in credit card debt by Americans in the first quarter of 2018 was the second-largest quarterly pay-down nationally, according to data collected by WalletHub Monday. In Rhode Island, Cranston ranked first in the state, and in the 80th percentile, for biggest Q1 pay-downs, with an average of $643 repaid per…

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