State of Texas has Texas-size collection account problem

Rochester Voice 12:52 a.m.


State of Texas has Texas-size collection account problem

Collection accounts can greatly damage a person's credit score and remain on their credit report for seven years, and increases in collection accounts in a city indicate that people are experiencing difficulty paying their bills. To see where Americans are in the most financial danger, the personal-finance website WalletHub today released its new report on the Cities with the Most Collection Accounts.
Biggest Collection Account Problem Smallest Collection Account Problem
1. Laredo, TX 91. Lincoln, NE
2. Corpus Christi, TX 92. Greensboro, NC
3. Irvine, CA 93. Honolulu, HI
4. Plano, TX 94. Portland, OR
5. Irving, TX 95. Cleveland, OH
6. Omaha, NE 96. San Francisco, CA
7. Henderson, NV 97. Des Moines, IA
8. Austin, TX 98. Hialeah, FL
9. Dallas, TX 99. Washington, DC
10. New Orleans, LA 100. Winston-Salem, NC

For the full report and to see where your city ranks, please visit:
https://wallethub.com/edu/cities-with-the-most-collection-accounts/139535