TAMPA, Fla. (WFLA) — Florida people have accumulated several serious credit card debt so far this year, Wallethub research revealed.
The analysis measured the rise in credit card debt for each state from the first quarter to the second quarter of 2025, and then ranked the states based on the largest increase. Wallethub used Transunion and the Federal Reserve data for investigations to adjust the number of inflation.
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Florida ranks third behind California and Texas alone, with an incredible increase of $2 billion in the second quarter. California has the biggest increase, with a $3.5 billion jump, while Wyoming, the state with the smallest increase, only a small portion of that was $46.4 million.
Sunshine State is also ranked third in total credit card debt, currently at around $97.4 billion. This is compared to $123.9 billion in Texas and $167.8 billion in California.
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Florida was slightly better when it came to household credit card debt, but still had the biggest increase and biggest total debt, ranking 9th in both categories. The average household was around $12,624, an increase of about $240 in the second quarter.
Hawaii was first ranked on both the average household debt, $15,052 and $286 increase. On the other side of the list, Wisconsin households have an increase in credit card debt of about $8,424 and $160.
In total, Americans adjusted for inflation with only about $1.32 trillion in credit card debt, with a record set in 2008 of $1.4 trillion.
