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Study praises Manchester’s low credit card debt

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You have the power to control your credit card habits.

WASHINGTON – The economic website Wallet Hub has released a study citing Manchester as having the third lowest household credit card debt increase in the United States.

The study looked at 182 American cities over 2022, with data obtained from the TransUnion credit reporting agency as well the U.S. Federal Reserve and Bureau of Labor Statistics.

In the study, Manchester’s average household credit card debt increase was $371, behind just Casper, WY ($318) and Lewiston, ME ($312).  The city with the highest household credit card debt increase on average in the study was Santa Clarita, Calif., at $4,053.

During the fourth quarter of 2022, credit card debit increased nationally by $85.8 billion, the highest quarterly increase ever recorded.

A full copy of the study can be seen here.


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About this Contributor

Andrew Sylvia

Assistant EditorManchester Ink Link

Born and raised in the Granite State, Andrew Sylvia has written approximately 10,000 pieces over his career for outlets across Massachusetts, New Hampshire and Vermont. On top of that, he's a licensed notary and licensed to sell property, casualty and life insurance, he's been a USSF trained youth soccer and futsal referee for the past six years and he can name over 60 national flags in under 60 seconds according to that flag game app he has on his phone, which makes sense because he also has a bachelor's degree in geography (like Michael Jordan). He can also type over 100 words a minute on a good day.

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