Surprising share of Houstonians saddled with $10,000 or more in credit card debt

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Monday, August 16, 2021
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HOUSTON, Texas -- You hear that noise, Houston? It's the sound of your bank account screaming under the weight of the heavier debt load you're shouldering.

A report released by personal finance platform LendingTree shows Houston ranks tenth among the 100 largest U.S. metro areas for the share of people with credit card balances totaling at least $10,000.

In an aggressive jump, Houston climbed from No. 32 two years ago to No. 10 this year. According to LendingTree, 20% of cardholders in the metro have credit card debt of at least $10,000, and 1.6 percent have credit card debt of at least $50,000.

For more on this story, continue reading from our ABC13 partners at Houston CultureMap.