Cities Taking on the Most Debt During COVID-19 – WalletHub Study

1/27/21

With many consumers forced to rely on debt to get by during the COVID-19 pandemic, WalletHub today released its report on the Cities Taking on the Most Debt During COVID-19, as well as accompanying videos and audio files.

In order to determine where people needed to borrow the most in the midst of the COVID-19 pandemic, WalletHub compared 100 cities across 20 key metrics. Our data set compares the last two quarters of 2020 in terms of factors such as the change in credit-card debt, average mortgage balance and average utilization


Cities Taking on Most DebtCities Taking on Least Debt
1. Winston-Salem, NC91. Stockton, CA
2. Baton Rouge, LA92. Boston, MA
3. Corpus Christi, TX93. Fresno, CA
4. San Bernardino, CA94. San Jose, CA
5. Glendale, AZ95. Hialeah, FL
6. Orlando, FL96. Minneapolis, MN
7. San Francisco, CA97. Mesa, AZ
8. Garland, TX98. Portland, OR
9. Jersey City, NJ99. Spokane, WA
10. Oklahoma City, OK100. Scottsdale, AZ

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