North Carolina Is the State with the 8th Most Financial Distress

By
Charlotte Stories
-
277

Over seven million Americans are late on credit payments or have delayed them.

Today, the financial site WalletHub released its 2024 rankings for states with the most people in financial distress. The rankings highlight where financial troubles are most severe in the U.S.

States with the Most People in Financial Distress

Overall Rank*  State Total Score  Credit Score Rank  People with Accounts in Distress Rank  Average Number of Accounts in Distress Rank  Change in Bankruptcy Filings March 2024 vs. March 2023 Rank  “Debt” Search Interest Index Rank  “Loans” Search Interest Index Rank 
1 Michigan 59.91 44 2 1 39 10 26
2 Texas 56.15 4 10 11 7 6 7
3 Nevada 55.15 5 5 8 3 29 11
4 Tennessee 52.25 36 3 3 45 15 7
5 Rhode Island 51.47 9 1 2 48 40 22
6 Georgia 51.31 7 9 10 27 4 6
7 Louisiana 50.47 20 4 5 30 45 3
8 North Carolina 49.66 16 15 14 11 4 15
9 Mississippi 49.33 11 16 18 46 21 1
10 New York 49.25 10 29 34 13 1 9
11 South Carolina 47.44 40 8 13 22 21 5
12 Oklahoma 44.85 35 18 20 31 32 2
13 Florida 44.64 3 13 15 9 29 27
14 Kentucky 44.46 39 6 9 21 26 13
15 South Dakota 43.19 42 28 26 8 6 17
16 Delaware 43.15 17 23 28 14 13 13
17 Alabama 42.24 25 7 12 44 37 4
18 Arizona 42.16 6 27 31 40 3 15
19 West Virginia 42.12 43 14 6 32 21 27
20 Illinois 41.78 34 11 7 36 21 31
21 Missouri 41.45 24 19 19 43 15 9
22 Maryland 40.60 15 41 45 6 15 34
23 North Dakota 39.71 49 48 36 16 2 22
24 Washington 39.22 18 24 17 2 42 36
25 Idaho 38.88 31 39 35 26 10 20
26 California 38.67 8 22 22 4 32 47
27 Ohio 38.17 47 45 46 25 10 12
28 Indiana 37.61 30 21 24 35 15 22
29 Minnesota 36.00 46 35 30 5 29 43
30 Colorado 35.90 23 42 43 18 13 40
31 Arkansas 35.49 50 12 16 28 32 31
32 New Jersey 35.48 27 34 37 23 15 36
33 Virginia 35.22 21 37 41 34 15 27
34 Alaska 35.18 1 46 48 47 6 20
35 Utah 34.90 12 36 25 12 32 39
36 Montana 33.74 45 32 27 20 26 34
37 New Mexico 32.82 33 25 39 15 46 17
38 Pennsylvania 32.53 22 43 42 33 26 36
39 Hawaii 32.25 2 20 23 10 46 49
40 Massachusetts 32.11 13 44 44 19 37 31
41 Wyoming 31.96 28 30 40 50 6 17
42 Oregon 31.93 19 33 32 1 50 44
43 Kansas 31.21 26 31 21 42 37 22
44 Maine 29.91 32 17 4 49 49 40
45 Nebraska 29.63 37 47 47 37 21 40
46 Wisconsin 27.11 48 40 33 38 42 27
47 Vermont 26.87 41 26 29 29 40 48
48 Connecticut 25.67 14 38 38 24 46 50
49 Iowa 23.83 29 50 49 17 42 46
50 New Hampshire 21.71 38 49 50 41 32 44

Note: *No. 1 = Most Distressed