1. News
  2. /
  3. Business

Florida’s total credit card debt rose by $2.3 billion in the second quarter

According to a WalletHub report, the state’s total credit card debt reached $66.4 billion.
Floridians' credit card debt is rising according to a recent report by WalletHub. Pictured is a woman in Tampa using her credit card in 2016. [Times (2016)] [ZACK WITTMAN  |  Tampa Bay Times]
Floridians' credit card debt is rising according to a recent report by WalletHub. Pictured is a woman in Tampa using her credit card in 2016. [Times (2016)] [ZACK WITTMAN | Tampa Bay Times]
Published Sep. 11, 2019
Updated Sep. 11, 2019

Floridians’ credit card debt is increasing. According to a recent report by WalletHub, the state’s overall credit card debt reached $66.4 billion in the year’s second quarter, up by $2.3 billion. That’s the third-highest increase of any state since the first quarter this year.

“Credit card debt statistics speak to the financial health of American households,” the report said. “They can also foreshadow over-borrowing bubbles, changes to lending standards and other trends with the potential to impact our wallets.”

WalletHub’s data is based on information from the U.S. Federal Reserve, U.S. Census Bureau and TransUnion. California had the largest increase in credit card debt over the same period (up $4.4 billion to $124.9 billion) followed by Texas (up $3.2 billion to $90.3 billion).

Florida’s average household credit card debt was $9,278 in 2019′s second quarter, up $311 on average.


  1. In this June 17, 2019, file photo, a cashier displays a packet of tobacco-flavored Juul pods at a store in San Francisco. Investigators from 39 states will look into the marketing and sales of vaping products by Juul Labs, including whether the company targeted youths and made misleading claims about nicotine content in its devices, officials announced Tuesday. Juul released a statement saying it has halted television, print and digital advertising and eliminated most flavors in response to concerns by government officials and others.  (AP Photo/Samantha Maldonado, File) [SAMANTHA MALDONADO  |  AP]
  2. St. Petersburg-based Jabil said Tuesday it's projecting that the spread of the coronavirus will hurt its second-quarter performance. [Handout photo]
  3. The future site of Green Light Cinema at 221 Second Ave on Monday, Feb. 24, 2020 in St. Petersburg. The art house theater will be nestled between Pour Taproom and 2nd & Second. [MARTHA ASENCIO-RHINE  |  Times]
  4. Keesha Benson is director of Thrive By Five Pinellas for the Early Learning Coalition of Pinellas. (Early Learning Coalition of Pinellas photo) [Early Learning Coalition of Pinellas County]
  5. The H. Lee Moffitt Cancer Center & Research Institute purchased 775 acres in central Pasco County for a planned expansion. TIMES [VYCELLIX, A SWEDISH CANCER THERAPY RESEARCH COMPANY, IS SETTING UP ITS U.S. HEADQUARTERS NEAR THE H. LEE MOFFITT CANCER CENTER & RESEARCH INSTITUTE IN TAMPA. (TIMES FILES]
  6. Trader Gregory Rowe works on the floor of the New York Stock Exchange, Monday. Stocks are opening sharply lower on Wall Street, pushing the Dow Jones Industrial Average down more than 700 points, as virus cases spread beyond China, threatening to disrupt the global economy. (AP Photo/Richard Drew) [RICHARD DREW  |  AP]
  7. [Getty Images] [Getty Images]
  8. Tampa Bay Lightning owner Jeff Vinik  [Times staff]
  9. The empty property is home to cattle and egrets, but neighbors fear the new occupants — owners of 218 proposed town homes near Lake Thomas in Land O' Lakes. [C.T. BOWEN  |  Tampa Bay Times]
  10. A "for sale" sign beckons Friday along Sixth Avenue N in the Kenwood area of St. Petersburg. [CHRIS URSO  |  Times]
  11. Florida is better positioned than before the Great Recession, economist says.
  12. A rendering of the new Ulta created by Hennon Group Architects and included in the permits for the building filed with the City of Tampa. [Hennon Group Architects]