A confluence of factors—the pandemic, recession, and accelerating technological advancements—has created a volatile job market, plunging many into financial crisis and threatening their ability to secure essential resources.
According to a detailed survey by WalletHub, here are 11 states with the people in financial distress.
South Carolina
South Carolina received an overall rank of eleven by WalletHub. It is ranked thirteenth in the average number of accounts in distress and eighth in the number of people with accounts in distress.
The Palmetto state’s Credit Score rank is forty, and its total score is 47.44.
Oklahoma
Oklahoma received an overall rank of twelve by WalletHub. It is ranked twentieth in the average number of accounts in distress and eighteenth in the number of people with accounts in distress.
The Sooner state’s Credit Score rank is thirty-five, and its total score is 44.85.
Florida
Florida received an overall rank of thirteen by WalletHub. It is ranked fifteenth in average number of accounts in distress and thirteenth in people with accounts in distress.
The Sunshine State’s Credit Score rank is three, and its total score is 44.64.
Kentucky
Kentucky received an overall rank of fourteen by WalletHub. It is ranked ninth in the average number of accounts in distress and sixth in the number of people with accounts in distress.
The Bluegrass state’s Credit Score rank is thirty-nine, and its total score is 44.46.
South Dakota
South Dakota received an overall rank of fifteen by WalletHub. It is ranked twenty-six in average number of accounts in distress and twenty-eight in people with accounts in distress.
The Mount Rushmore state’s Credit Score rank is forty-two, and its total score is 43.19.
Delaware
Delaware received an overall rank of sixteen by WalletHub. It is ranked twenty-eight in the average number of accounts in distress and twenty-three in the number of people with accounts in distress.
The First state’s Credit Score rank is seventeen, and its total score is 43.15.
Alabama
Alabama received an overall rank of seventeen by WalletHub. It is ranked forty-four in average number of accounts in distress and twelve in people with accounts in distress.
Nicknamed the Heart of Dixie, Alabama’s Credit Score rank is twenty-five, and its total score is 42.24.
Arizona
Arizona received an overall rank of eighteen by WalletHub. It is ranked thirty-one in average number of accounts in distress and twenty-seven in people with accounts in distress.
The Grand Canyon state’s Credit Score rank is six, and its total score is 42.16.
West Virginia
West Virginia received an overall rank of nineteen by WalletHub. It is ranked sixth in the average number of accounts in distress and fourteenth in the number of people with accounts in distress.
The Mountain State’s Credit Score rank is forty-three, and its total score is 42.12.
Illinois
Illinois received an overall rank of twenty by WalletHub. It is ranked seventh in average number of accounts in distress and eleventh in people with accounts in distress.
The Prairie State’s Credit Score rank is thirty-four, and its total score is 41.78.
Missouri
Missouri received an overall rank of twenty-one by WalletHub. It is ranked nineteenth both in average number of accounts in distress and people with accounts in distress.
The Show-Me state’s Credit Score rank is twenty-four, and its total score is 41.45.
