Do you live in a red state? I’m not talking politically. Experian has compiled data from credit reports to determine which U.S. states represent the highest average debt (not including mortgages) per person.
There’s a nifty color-coded chart, as well. The red states have the highest average debt. The New England states rank high… but so does Alaska.
The survey also breaks down the debt data by age. As people grow older, they generally acquire more debt. After age 60, either debt decreases or people with more debt die sooner.
Updated February 6, 2012 and originally published June 17, 2005. If you enjoyed this article, subscribe to the RSS feed or receive daily emails. Follow @flexo on Twitter and visit our Facebook page for more updates.
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Colorado- Bright red state that sticks out like a sore thumb amoung the pretty orange and yellows.