Study reveals state with most financially-distressed residents

A personal finance company recently published a survey on the U.S. states with the most money-worried residents – and the results may surprise you.

WalletHub published its study, titled “States with the Most People in Financial Distress,” on July 17. The company said that it used nine key metrics, including credit score changes and Internet searches for “debt” and “loans,” to determine the results.

“Our data set includes factors like the average credit score, the change in the number of bankruptcy filings between March 2023 and March 2024, and the share of people with accounts in distress,” WalletHub explained.

There were no clear-cut trends concerning different U.S. regions, but the most money-worried states tended to be in the Southeast, while the…

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