Community Corner

This CT City Has Highest Credit Card Debt In The Country

Three Connecticut cities landed on a list of those with the highest credit card debt in the country.

BRIDGEPORT, CT — Bridgeport holds the number one spot in the country when it comes to high credit card debt, according to a study by Compare Cards. One in six credit cardholders in Bridgeport carry a balance of $10,000 or more.

The organization analyzed the 100 largest metropolitan statistical areas to see which have credit cardholders with the highest balances.

"Nearly 23% of credit cardholders in the Bridgeport metropolitan area owe more than $10,000 on their cards," according to CompareCards. "Almost 2% of cardholders in Bridgeport owe more than $50,000, which is also the highest among the nation’s 100 biggest metros."

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The organization also found regional differences in credit card debt. Those along the East and West coasts are more likely to carry five-figure debts than those in the South.

Connecticut had three cities in the top 14, with Hartford and New Haven joining Bridgeport on the list.

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