A Credit Card Conundrum
When it comes to economic indicators, the big national metrics don’t always reflect what is happening in ordinary households. But families certainly understand what it means for them if they are forced to rely more on credit cards to get by. According to WalletHub’s “States with Largest and Smallest Credit Card Debt Increases,” released this month, Ohio has the eighth-largest credit card debt increase in the country in the second quarter. In the Buckeye State, the average credit card debt increased by $858,373 from Q1. The average household in the state owes $9,352 in credit ...