Georgia households are taking on more debt, according to a new report examining how much consumer debt has increased across the country.
The latest report from WalletHub ranks Georgia No. 26 among states where consumers are accumulating the most or least amount of debt.
According to the findings, consumer debt increased by just over $1,100 per Georgia household during the third quarter compared to the previous quarter.
The report also found that the average household debt in Georgia was just under $143,000.
A WalletHub analyst says carrying a large amount of debt can be a sign of financial strain, but delinquency rates are also an important factor when evaluating consumers’ financial situations.
Bloomberg’s Gina Cervetti contributed to this story.








