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Borrowers are struggling with credit card debt in this places. Did your state make the top 10? Pintau Studio / Shutterstock.com
Credit card debt is soaring from coast to coast. In the fourth quarter of 2023, credit card balances ballooned to $1.13 trillion, according to the Federal Reserve Bank of New York. Borrowers in some states are faring worse than in others. Recently, finance website Bankrate identified the states with the highest credit card debt relative to the average income, which Bankrate refers to as the…