Light blue states have lower debt, while dark blue states have
higher levels of credit card debt.
Unsurprisingly, insolvent debtors over the age of 50 have
the highest level of credit card debt.
During the 2010 - 2015 period, issuers tightened up their credit card underwriting considerably, and consumers moved away from racking up
high levels of credit card debt.
Maxing out your student loan payments and retirement contributions may not make sense right now if you have
a high level of credit card debt or if you want to put a down payment on a house.
High levels of credit card debt are an impediment against personal financial stability and a risk to the stability of the overall economy.