A recent Wallethub survey shows Orlando residents suffer the most financially on February 19th.
The study analyzed 100 metropolitan cities using nine metrics including average credit scores and changes in bankruptcy filings from December 2023 to December 2024. and the percentage of distressed residents defined as accounts for either tolerant or deferred payments. Orlando came in sixth overall with a score of 65.32.
Orlando has the highest percentage of residents with suffering accounts, ranked in the top 25% in online searches related to “debt” and “loans” compared to other cities. Orlando ranks 47th in terms of average credit scores.
Other Florida cities in the top 10 include Jacksonville (third), Tampa (third), and Miami (ninth). Jacksonville has almost 16% of residents with suffering accounts, the highest percentage in the country.
For those facing financial distress, Wallethub wisely recommends exploring difficult programs, managing debt, avoiding quick revisions, consolidating debt, avoiding predatory lenders, and wise budgeting .
For more information, please visit Wallethub’s “City with the Most People in Financial Difficulty” web page.
