The Brief
- Winston-Salem, North Carolina ranked number one as the city where residents are racking up the most debt.
- WalletHub created its list of cities analyzing changes in average debt and credit card debt, auto loans and personal debt that residents in these areas have.
Carrying debt can be overwhelming, especially when you’re seeking ways to pay it off.
Household debt comes in many forms, with most Americans accumulating it through credit cards, auto loans and personal loans.
The size of debt is one problem, but the pace at which it’s growing is another, and Americans in some cities are enduring rising debt levels much faster than others, based on data in WalletHub’s recent report.…