(The Center Square) – As fears of recession grow, a new report found that Seattle and Spokane are among the top five cities with increasing numbers of people not paying their credit card bills.
WalletHub published data on Wednesday, ranking 100 cities nationwide where more and more debtors are missing their credit card payments. While Fremont, Calif., topped the list, with the Golden State claiming 16 other spots, Washington state landed at the third- and fourth-highest.
The study compared the 100 largest cities using proprietary user data on delinquency rates from the first-quarter of fiscal year 2024 to the first quarter of 2025. WalletHub Financial Writer Adam McCann says that sharp increases in delinquency can signal tough times are ahead, but not 100% of the time…